Grant.
Last month you tried to suggest that ATC may have bad debt because they had not recieved all of their quarterly earnings within the quarter when no other company ever recieves all it's quarterly earnings within the quarter. ATC may or may not get some bad debts but there is no evidence to support either way yet. For a person who asks Laurra for facts you sure made that assertion without any.
This month you post that ATC have got it wrong when the Chinese increase will not effect usage. Then you post that earnings for November have been flat with no growth! You cannot have your cake and eat it too. Surely it would have been more honest to post 'as I predicted it seems that the Chinese price increase has affected income and they seem to have done well to maintain their income after the price rise'.
As I have stated earlier I do appreciate the time, effort and inside knowledge of the industry that you put into your ATC posts but I find it a bit rich when you claim to be lilywhite and only trying to give an honest overview. Clearly you have a set against the company which is fine by me, just don't protest otherwise.
Laurra
Heaven forbid I should find myself agreeing with Bomber but you are one of the most blatant rampers I have ever come across. Your posts do little more than spout company hype and lack any objective analysis at all. I suspect this is naive optimism rather than anything darker. If you really want to support ATC, stop posting. You may be right and ATC may come good but it will mean that you lucked out with your blind faith rather than made a sound investment decision.
Stocko,
So you got burned. Welcome to real life. Go lick your wounds quietly in private and maintain what's left of your dignity. LIke Laurra there is little or no insight or analysis in your posts just hurt and anger.
Myself
I have just bought some ATC but I realise they are high risk high reward and in fact I may lose the whole lot. Stocko could be conservative with his 5 cents prediction. (Bomber, stops don't help if they suddenly go into recievership.) I think the bet on the black or the red at the casino is a good analogy; either they will get through this period and be re-rated or they won't. It is only my punting money so I can afford to take the risk. (Don't tell the Hardmanites but I actually unloaded some Hardman at 70 cents which I originally bought for 15. If they find out they will drum me out of the Hardman rampers club.)
To all ATC commentators,
Riddle me this, if the FNT deal is so good for ATC because it will make FNT, a currently profitable company substantially more profitable and ATC are having trouble sealing the deal, how come FNT don't take over ATC? It's not like it would cost a lot on current values.
Regards, Pagarsi
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