Read Stockdale Securities's note on SABIEN TECHNOLOGY GROUP PLC (SNT), out this morning, by visiting https://www.research-tree.com/company/GB00B1FPCD38 "We are most encouraged by today’s update on the pilot programme in which the company has said it is on track to complete at least 34 pilots in the 2015-16 heating season. This compares to eight in 2014-15 and its target of up to 35 this financial year. Importantly, there is already the positive anticipated traction on the sales… Read More
Sorry to crash the Sabien board, but John Gunn, CEO of Inspirit Energy was on the AIM Show on Share Radio last night and he makes some interesting points about the UK boiler industry that may be relevant to Sabien investors.
They may have increased the headcount by 50% but are they any good at selling ? We've had no notification of any major contracts since this new sales team were put in place. In fact no notification via RNS of any major contracts for 2 years.
Sabien are making positive actions with an increase of 50% in headcount, with the recruitment of more technical and administrative personnel, and the routine development and upgrading of the group's M2G product....
So a year or 2 ago we were informed that a whole bunch of sales people were recruited plus overseas outlets established, yet SNT appear to have sold next to nothing recently and are now giving away the hardware free to anyone that expresses an interest in it. What the hell has this so called sales team been doing ?
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