Well i would not say the rise of metro Metro Manila is rapid, but i agree more people have money now then 10 years ago, but they spend there money on other things and are not that sold into supplements yet. Don't forget the filipino diet is made up of wholesome foods - fresh fruit and vegetables, fish, rice, fresh meat so reliance on supplements is not a priority. And yes the population is massive but there are over 7000 islands in the Philippines and the concentration of wealth would be concentrated to a few areas on the mainland, so the target audience is not really that big.
Your words "Lets see just a month to wait. But growth should be rapid now as the initial setup phase has passed so you should get a good idea of what ff is actually going to bring in."
Is that so very different from Colbaltblue's ?
Any income that reduces usage of existing funds is welcome, the multiples period on period are quite easy to do, but I won't.
I do find it funny, I read on the other site the most bizarre piece of criticism of me using facts being regarded as off the scale ramping, but in the SAME POST the most blatant ramping seen in many a moon, advising potentials to wait until 3p as the revenues flow in earnest. Hilarious, the biter bitten.
If you care to contact Moneyweek then, they ran an article a couple of weeks back covering the rapid rise of middle class consumerism across the whole area Malaysia, Indonesia and Phillipines. The total population is massive. So easy to work of preconceptions. Also AIM cover much much more territory than that. All there on their site, or FB pages.
"In brief, my view is that Provexis will succeed and income will rapidly accumulate to easily cover the £250k annual running costs" to say rapid would surely mean in the next year or 2. Clearly not the current financial year as they have already stated another loss will happen this year. Forget last year and percentages. They need to be posting £50k plus income to make breakeven next year at all likely. IMO they wont. Lets see just a month to wait. But growth should be rapid now as the initial setup phase has passed so you should get a good idea of what ff is actually going to bring in.
Good of you to answer on behalf of puk, I never treat any share as a quick buck and like I said I'm here regardless, top heavy admittedly, but this is only one involvement, ok let's not say save people, "deter" folk. If that's not the agenda, then what is ?
Yes you must have missed his post. Your previous comment had already been noted, so the pointless post is yours, not mine. I haven't seen a post by Colby claiming that revenues will cover expenses this early, and company guidance indicates it will not. The point of contention is how much period on period growth there will be. You say it will be minimal, and, again, your point is noted.
Its not a matter of trying to save people. Many posters have been questioning whether it was a good idea to buy from 10p all the way down. Remember madrid? People were saying 20p, 50p a £1 were short medium and long term targets for the share price. It wasn't a matter of saving people just a matter of pointing out the obvious that it was extremely unlikely (perhaps similar odds to winning the lottery) and i don't remember alf telling everyone that it still was a long way from income all the way back then. Infact i think he said much the same as he does now. This share had plenty of opportunities to trade and make a fast buck that is all it was ever good for. And it was good!
I must of missed where puk said zero income. Clearly that cannot be the case. I think colt will be proved wrong in his assumption that income will easily get pxs to a breakeven position. The 6 month figures will show if that is the case but if income increases at a snails pace as i expect then the sp will be hammered further. Not much point in you arguing really. The next set of results will be a big indicator of who is right.
Since you have reopened communications, my view is as it was last night, the night before and many weeks, months before that, there are many things to be disgruntled about, the bod, the sp, moon, sis, etc. There are many things I am positive about. future revenue, growing customer base and a world class distribution company. Name calling over, of course you are negative, it stands to reason as you are far from positive. This may or may not turn out to be a bad investment, and you're right we all made em. One things for sure, if I sold now, it would be a bad investment. Timescales, I'm not worried about, as before, I will hold until such a time dictates I sell and who knows, that might be taken out of my hands ? None of us know and if these are left for my kids to pick up, then so be it. There isn't anything you or Alf for that matter says or posts on here that will make me review my position, I'm long and unphased. What I can't work out is why you are trying to save people ? It's akin to walking around asda looking at the produce and questioning why people are shopping ? Anyway, each to their own.
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