Great to see nobody is discussing APM, page-5

Hi All,

Just doing very preliminary research on a rainy Sunday.

Friend put me onto APM after it was suggested to him by his Morgan's broker. Now, I know nothing of this company other than the few announcements I've just read.

Following on from comment re IPO in this thread, I note the 1 yr chart looks pretty damned ugly, so something is clearly not going well for APM.

On reading the latest announcement re UK contract, I picked up on the paragraph referring to capex outgoing for '23 & '24 prior to new contract commencement. So all I see is cash drain for two years and potential downward pressure on SP.

This isn't any sort of down ramp, I'm only interested in conversation if anyone wishes to put reasonable observations in the mix.

*At this point, I'm not planning on buying APM unless there's more information in financials & company presentations that can convince me otherwise.

Enjoy the rest of the weekend.