While they are gaining new contracts the possible effects of the Directors squabble are unsettling and until this is resolved there is little prospect of a share price improvement. Costs and their effect will be cruicial.
I don't like rows of this nature as they absorb time and resources and distract attention away from developing the business. On balance, I feel this could have a poor outcome for current investors and the longer it carries on the greater the damage and higher legal costs.
Many thanks for your views Evenlongershot and let's hope that if youdo buy then you can get your timing right. I agree very much with what you say but am trying to keep optimistic about the outcome, they certainly have the opportunity to do well, so we shall see
It's been on my watchlist for some time. I have made too many speculative investments that have bombed, so am trying to restrain myself from making another potential disaster. That said business is booming but the court case may impact profits. Long term it will probably come back to where it was if they can maintain the business - and all signs are that China is trying to move towards a consumer led economy so that should help - but can this be maintained whilst BOD fight each other. Just not sure whether to take the plunge yet or wait for it to go a whole lot lower....hmm
I agree - there must be many investors watching (and buying too as recent price movements would confirm). This company has had a slow start but is now warming to its task and the future is looking quite promising. Director stock purchases underline their comittment.
Galasys is the leading supplier of ticketing software and services to Tier 1 theme and water parks in China and Malaysia. The groups recent IPO provided £3.1m gross funding to enable it to increase the range of software and services that it provides to its target markets, and to expand into new territories through South East Asia and beyond. We expect this to increase the groups repeat and recurring revenue, which in FY 2013 was 60% of revenue, and to accelerate its earnings growth rates to more than 20% per annum in FY 2015 and FY 2016. Galasys provides investors with exposure to high growth consumer-driven markets in China and South East Asia. We initiate coverage with a Buy rating and 40p per share price target.
􏰀 Benefitting from growth in theme and water parks. Asia is the fastest growing region for theme park visitor numbers as the regions economies grow, particularly in terms of GDP per capita and increased leisure spending. The Themed Entertainment Association expects growth in visitor numbers to accelerate to 12.5% per annum through to 2017. Galasys has deployed its solutions to 78 sites, including 13 of the top 20 theme parks and 15 of the top 20 water parks in China and key theme/water parks in Malaysia.
􏰀 Using its leading position as a platform for new products/services. Alongside recently launched software modules such as eWallet, Cloud and mobile apps, Galasys intends to launch a dual online strategy through its own platform that integrates individual theme park ticketing systems with online travel agents, and by allowing visitors to book their own itinerary. The group also provides the opportunity for theme parks to outsource their ticketing systems to Galasys, including the sales and marketing of ticketing. These opportunities represent a revenue share opportunity for Galasys, allowing it to connect directly with park visitors through its services and benefit directly from the forecast growth in visitor numbers.
􏰀 Positive trading post IPO. Post IPO, news flow has been strong, with an additional 18 installed sites taking the total to 78. New contract wins have been secured with Dalian Wanda Group and Wenzhou Water Park, as well as a significant upgrade at OCT Happy Valley. These contracts underpin our FY 2014 forecasts and contribute to FY 2015 growth.
􏰀 Buy and 40p per share target. Galasys current rating takes no account of its strong market position and high growth plans. We initiate with a Buy rating and 40p per share price target, based on a peer group analysis backed by a Discounted Cash Flow.
THE monotonous tune of the SHORT-SELLING deramper:
"Going down, I'm afraid" ...."been in this for years and still losing money" ...."The BoD stinks"
"Oh dear" ? ...."Placing on its way, more dilution" ...."Heard whispers in the City"
"There must be a leak, it looks like a duster" ...."A friend of mine in the know"
"This company couldn't run a pi/ss-up in a brewery" ....."Word is, the financials are poor"
You've heard it all dozens of times before, yet these often used jibes are enough to create a degree of uncertainty ?
The words "Oh dear" or " I'm afraid" at the start of the 'posters' rant often sets the sp in motion.....DOWNwards!
Deramping SHORTERS !
Shorting a rising stock....is much worse when it is done by your resident posters that seemingly are your buddies and convince 'long' holders to give up!
What many pi's fail to grasp is the extent that shorting is taking place. Often we tend to think that the 'shorter' is done with and we expect the stock to now rise, now that 'he' is out of the way? You'd be wrong in many instances, for 'he' the shorter, is often followed by others that 'help' keep the stock down !
Some stocks fall after GOOD NEWS!
Is it being shorted or normal profit taking?
The underlying reason for many pi's taking early profits, is simply they are afraid they'll be left in paper losses AND because of the fear of shorting !
Once pi's know the stock is being shorted...they'll SELL UP IN THEIR DROVES !
We can't both WIN !
The 'shorts' therefore 'win' their bets, whereas the 'longs' lose the best part of their investment, possibly for some time to come......and just when you thought this couldn't go any lower, THEY'LL SHORT THE STOCK AGAIN !
Thanks for all your support. We are now at 4,401 votes!
AND SOARING !
(that's A LOT of irate investors!)
Investors are saying something? They are voting in their thousands !
Bookmark the links if you wish to 'pass the LINK/s on'.... or read later?
BE A PART OF IT
# The big problem with shorting is that THEY (the shorters) WOULD most likely lose most of their money IF they just 'bet' on the price going down without trying to 'help' it down?
So, there is the 'catch 22' scenario. No one would know of an RNS to be released that will contain BAD NEWS, if they did and then 'shorted' the stock, then they are guilty of 'insider trading'.
The only sure way to short a stock and WIN is to spread dis-information to defame the company with help from other posters that are in concert with them. To ENSURE that they don't lose the biggest part of their 'short', ironically, then, they must deramp with (seemingly) believable posts.
When the pro's do it, they simply get the media or well known 'crooked' tipsters, analysts or brokers to do it for them. (say no more). .They're all involved together!
The campaign against shorting is for the benefit of the 'cheated' investors that cannot control their investments due to the dirty tricks played out by co-ordinated shorting in order to tank the sp to abnormally low levels.
When the campaign is complete, the results will be reviewed by Govt legislators re- further action! The branch of the FSA ie FCA will be asked by Davide Serra to conduct an investigation into short selling practices, with the view to either:- an outright ban on short selling, or to be better and more vigorously regulated !
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