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This is NOT a bankruptcy proceeding also. Let’s be clear.
I was out of commission this morning and couldn’t watch this, but look I’m not selling here! No way, no how! News is good and I bought at .202 and it’s worth it to me to ride it out! I‘ll ride its butt like Zorro till they show me the money!
I’ll lose it all before I sell a nickels worth here no matter what.
I’m not selling for what it’s worth no matter how many jerks show up just sayin.
This is Thailand’s National Carrier we are talking, who before the pandemic was bringing $1.2 trillion baut per year to Thailand through tourism. Oh yeah it’s getting rescued folks. I’m sorry if you got hoodwinked by mm’s today.
Yeah people will be chasing tomorrow.
Get the vote and go parabolic tomorrow no one will care about a couple pennies here and there today. ?
It’s going to be approved. It’s just a matter of how high we fly. It went from next to nothing to $5 in March based on the positive chance of approval back then. I
This going to be fun! Staying the course!
https://www.bloomberg.com/news/articles/2021-05-12/thai-airways-creditors-set-to-vote-on-debt-restructuring-plan “A senior lawyer at Kudun & Partners Ltd., which is representing bondholders, said in March that their initial response to the proposed restructuring was favorable. Thailand’s finance ministry, the Bangkok-based airline’s largest shareholder, indicated its backing for the debt plan that same month.”
I agree
Sounds like they are definitely going to save this airline. I am new here and just bought in today at .202. Suggestions on how to play this going into tomorrow from you folks that have been here a bit. I’m trying to do some reading up. Looks like this could really shoot up if Thai needs the airline to remain as much as it sounds they do. Anyone know the time of the vote? Thanks in advance!
Looking for this to take another leg up.
Entered the waters.
Trillion dollars in the ground to go waste isn’t in the best interest of a Biden administration that is going to need to depend heavily on the elements for their set plans. Pebble has to get mined. Plus, the government is going to need to make up a few bucks for all the stimulus going out.
Exactly. Holding NAK here for uptrend break. Like to add more. Metals will be hot.
Are you still in this? Can it still have some play in it? Rebounded nice from start of year.
Dollar will rapidly decline under Biden administration as they cater to China. Metals will soar. Regardless of what takes place I see this rebounding strong with metals to at least a double and much higher on ROD approval.
China will ultimately buy the property off of NAK to stick it to the U.S. later down the road. The denial if not overturned will be the last straw and it will get sold. Great for shareholders, but terrible for the U.S., but we asked for it. China already set to stick it to us on rare earth exports. https://www.asiatimesfinancial.com/china-enforces-new-export-controls-red-letter-day-for-rare-earths
Since Wednesday we been seeing higher lows each day. Yesterday’s low .355 and thus far today’s .36. Short seller fatigue at not being able to push it lower will cause covering soon. Like the setup. To each your own here, but definitely I will be holding! God bless and enjoy the day all!
Thanks Tony. God bless and take care. Long Boxlight.
Adding a ton of revenue with latest acquisition. This will be worth 10x more then current share price before looking out.
Great things coming here
PAND for value right now. Presentation next Thursday.
Lost momentum. Maybe pick up after a breach of .02, but will wait
Reality setting in. They are worst in industry operating and net profits and these contracts aren’t a drop in the bucket compared to their debt. Operating Profit Margin (TTM)
LowHigh
GAXY
-468.93%
Industry
4.39%
Net Profit Margin (TTM)
LowHigh
GAXY
-639.80%
Industry
1.84%
Actually I don’t do those things. I leave the drinking to the downtrodden. God bless and have a good day.
Sure that post sounded clever at the time, but doesn’t erase the facts
Losing money on an operating basis, GAXY has poor profitability characteristics in comparison to its Electronic Equipment, Instruments & Components industry peers. While its gross margin is below the median, its operating and net margins are among the lowest in the industry.
It’s junk
Go to Ameritrade or whatever online brokerage service you use and look it all up in the valuation. It’s all there.
Profitability Analysis
Losing money on an operating basis, GAXY has poor profitability characteristics in comparison to its Electronic Equipment, Instruments & Components industry peers. While its gross margin is below the median, its operating and net margins are among the lowest in the industry.
Yes, very stinky.
Be careful. The reality is it’s overvalued. Research just financial strength and see. Financial strength Analysis
GAXY has a very weak balance sheet, highlighted by its negative owner's equity. Most likely, this was caused by cumulative losses which negatively impacted retained earnings. Additionally, this company's debt load is greater than its assets while day-to-day operations are losing money. GAXY has considerable financial risk.
Lost it’s groove. Looks like convertible notes will drag this puppy down. Time for them to cash in.
CEO speaking at LD500 conference and he mentions this on twitter.... We have a lot to discuss including our recent $46M in fundraising, Samsung partnership, edtech solution suite for distance and hybrid learning, and aggressive M&A strategy.
Buy with both fists! This will soar Friday!
Big run up coming now that Saudi and Russia agreed to cut production.
Expecting a good outcome in regards to simply Mac that shoots the price up from here. Expect time to be granted on payment and a bounce to .15