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Geong Share Chat (GNG)

Share Price: 2.375Bid: 2.25Ask: 2.50Change: 0.00 (0.00%)No Movement on Geong
Spread: 0.25Spread as %: 11.11%Open: 1.75High: 2.375Low: 1.75Yesterday’s Close: 2.375

Share Discussion for Geong (GNG)

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Posts: 5,183
Off Topic
Opinion:No Opinion
20 Apr '12
10.75 v 11.50 over done?
Posts: 73,953
Premium Chat Member
Off Topic
Opinion:No Opinion
20 Apr '12
As a result of these factors, the Directors now expect to report revenue
materially below that recorded last year. In addition, since a proportion of
the revenue shortfall related to performance fees, which achieve a higher
margin, the operating profitability will be significantly reduced from last
year's level. Investors should also note that the Company will incur a
non-recurring charge to profits of approximately £350,000 from the aborted
acquisition during the financial year. Despite the significant revenue
shortfall in the final quarter, the Company had cash of £5.3 million at 31
March 2012

Notwithstanding the reduced profitability the Board remains confident of
GEONG's business model and its potential
Posts: 73,953
Premium Chat Member
Off Topic
Opinion:No Opinion
sucker rally?
20 Apr '12
The Company, as in previous years, had originally anticipated strong trading
during the fourth quarter based on an expectation of receiving high margin
performance fee revenues (where the operating costs have already been absorbed
against the quarterly fixed revenues) on certain SaaS contracts. Unfortunately
these performance fees have been at a lower level than anticipated as the
impact of the slowing economic growth in China has caused many of the KPI's set
by the Company's clients proving to be too optimistic with the result that the
level of performance fees is greatly reduced.

In addition a long standing global delivery agreement with a major partner was
anticipated to deliver significant revenues in the final quarter of the
financial year. In the event, only a third of these anticipated IaaS contracts
were delivered. The executive has reviewed the reasons for this with the
partner and believe it to be a direct result of the uncertain global economic
environment rather than the quality and appeal of the offering
Posts: 72
Opinion:Strong Buy
Re share movement
19 Apr '12
Something says buy this stock now? I just topped up as large volumes going through and price is on the move this time
Posts: 284
Non Exec Dir
27 Mar '12
Always good to see Board members buying into their own stock!
Posts: 284
21 Mar '12
This share can only go up in the next 3 months. Clearly undervalued with a target now of 25p. DYOR GLA
Posts: 3,466
Opinion:Strong Buy
12 Mar '12
My buy of 17500 is showing up as a sell! In reaolity most of the sells on here are actually buys. This is extremely undervalued by around 35p on a conservative basis IMHO.
Posts: 46
Off Topic
Opinion:Strong Buy
Very undervalued at 18p
4 Mar '12
Current market cap : £6.9m
Net cash at last interims : £4.8m
Forecast PBT to 31/3/12 : £3m
Annual recurring income : £6m
Net tangible assets : over £20m
Plenty of potential to multibag from here !
Posts: 10
Off Topic
Opinion:No Opinion
Misleading? - YES!
29 Feb '12
I bought 25000 @ 18.001 after 12.25pm, that is also showing as a "sell". You aren't the only one!
In fairness, those prices do look more like sells than buys.
Posts: 2,324
Off Topic
Opinion:Strong Sell
27 Feb '12

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