over the last 4/5 years I spent 3k to achieve 1k of current value. I have just spent another 3k which I assure you don't half bring down the average!
I'm gambling on getting the Gibraltar deal. This will give two benefits, the first is the credibility of the deal as it revisits a previous installation, but the real benefit is the revenue.
It will boost this years figures but massively increase next years in spite of the fact that Northumberland water will get a big slice. The real benefit is that it allows the two other recently announce joint ventures to start adding value in '17 and come through in '18.
The Modi Indian government intends to increase infrastructure investment and Advanti has extensive ties in many regions.
The Bilfinger Babcock deal may take longer to achieve commercial profitability but it has two bites of the cherry because it can be applied to both new builds and retro fitted to others.
Add to the mix the two recent major sales appointments for the monitoring division in the USA and Canada and I'm starting to believe 3K is timid!!!
In the last 12 months this company has, IMO, got all It's ducks in a row. I now await it making me rich!!
I bought 3K this morning (start of the ISA season) and it registered on Digitallook as a sell. I wonder about the other 8/9 transactions this morning. Would it have been wrong if it was say 20/30 times greater?. It is annoying as sometimes you do get a bit down or up on these reports and it could influence buying decisions.
I like the style of the new Chairman - understated but, so far, effective. Gibraltar contract (late but) on track (and recall that means approx 20mn of new revs and 3/4/5mn? of ebit), cost control/cash burn - good, enough operational cash for the short to medium term, good traction with industrial partners, etc.... And nothing, I mean nothing, is baked into this share price (and nor should it, given the terrible ride we've all had in it). I'm more than happy to continue to hold it and will take another decision on whether to keep it or cut in Sept/Oct, post Gibraltar. Just got to dig a bit deeper and maintain the discipline. Impatience is the biggest threat to investors here. Bon chance, All.
Would love to know how anyone's been able to sell this share - im looking to offload 30k of the rotters - and it's NT the whole way. Yet to sell a penny! Id be out if I could - what a waste of time this has been so far.
Anyone expecting a bounce soon, or should I persist? ta!
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