Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Every result i read is bad. Profit warnings. Loss of earnings. Revenues far less than ours. Millions of loses and worse forecasts and have mcaps 6 times higher . Our results where good better than last
60 million revenue other shares getting excited off a few hundred k a year turnover. Market totally missed this share with positive looking statements. Could hit 100 million revenues next year margins are up as well. Should be 20 million mcap
Our 3 factories worth more than mcap. So is materials
Other examples big dish got to 30 million mcap off 60p tables itx 12 million off a few million revenue a year. Oil shares with a few million a year revenues and mcaps a hundred million with. Suits and trousers are for life and could be back to 100million a year revenue
Looking forward to feed back from AGM couple of Twitter guys going and also top trader myles. Just a waiting game here. Shouldn't even give 55 percent away to ruyi. They have already defaulted and are providing contracts anyway. The suit factories just a part of everything
Higher cash shells with no income and constant dilution.
A run of positive news and ideas and new product ranges could see a 5 bag prety quick. There is so much more than the ruyi deal. There already provided orders and contracts I would rather we not give them 55 percent of the company now as we are already getting contracts with them. I bet other companies would be interested in buying us
And agree even a ten bag is only 20 million mcap which a lot of companies have on less revenue and loss making of multiple millions. Suits and trousers will be around for many years I'm curious to what the new product ranges are. Next year we could be hitting 100 million revenue each year. There are companies with over 100 million mcaps on that revenue with massive losses each year h1 we are in etibda profit. We where in mountains of debt years ago which is now payed off. Ruyi seen value at 3.5p
There top end suits as well hense why we supplied them we also have our own product range I'm bagir shops on several parts of the world . Returning CEO has a pipeline of ideas for next year. Expanding uniform division and for large corporate clients in usa and uk plus new product ranges and new products. Sounds like returning CEO has lots of ideas for 2020 already stated has a pipeline of potential customers. Core business of manufacturing which we will get orders from chineese plus expanding uniform market and new product ranges. I remember in 2017 when a sizzer app was mentioned I guess returning CEO has lots of new ideas. Not a trading share this one
Steady stream of buys today. . Well done all. Roll on March .. 3p to 6p with orders from Vietnam worth 3 million. We need Marks and Spencer back on board as well this could go to 60p which was the opening value of the company. A £1000 investment now could be worth a lot in one year...dyor..
Lots of news due
1. News on ruyi deal which ruyi still owe us 13.2 million
2. Vietnam trial for large ruyi client and could result in large suit order for 2020 and beyond
3. Update from AGM
4. News on machinery ruyi promised for free with over a million market value
5. News on CEOs operational focus including expanding the uniform division for large corporate companies and expanding on initiative product ranges
Should have a mcap 10million plus imo
Also ebitda positive h1.
Lots of stocks bagged when sellers gone with poor results. So much in pipeline here how many of the others had 60 million a year revenue with a investment of 16 million from a billion dollar company . Assets worth millions also millions of dollars worth of materials. Large contract order in Vietnam for large ruyi client plus potential contracts from china. Markets are chasing dogs at present
Agree will take off at some point
May get news before AGM if I was CEO and wanted a 100k bonus voted through I would give shareholders a positive update before to make sure share holders voted for the bonus.
New vision and stategy from returning CEO as well not long before this is a hot stock again imo
Where still working with ruyi. Trial in Vietnam is for large ruyi client. News on that also due. Plus potential large China contracts also stated in rns due as well. I think the CEO wants his 100k voted through then we will get news on ruyi deal.
Once this selling stopped should bag on that alone. Imo not long until AGM as well. A few Twitter guys going
Agree. News on deal still on which already stated in results and even 2.5 cheap since ruyi payed 3.5p a share nearly a 6 bag that is
Yes that's a run of 18 grand in total buys. Just need positive news now.
There trying to keep this down that's for sure and hint of good news and this is going to explode hense why myles has stated priced to go bust but a successful turn around could yield many multiple returns. And that is the returning CEO plan is just needs to give us a run of news. Sentiment will return
Heating*
Those last two red are buys also so just under 3m taken in 5 mins , hearing up !
There's a block seller and buyer today
Another positive ive noticed is myles mcnulty has just recently took a position here. If you don't know who he is Google his history
Could easily turn this round with a run of positive news
Silence for months always results in a crashing sp
He needs to show us he deserves a hundred grand bonus
Waiting for full results is way too far away.
Communicating with share holders is a must imo
Yup looks like we need some volume to flush this seller that is still around , good opportunity for me to round up my holding on pay day tommorow so I’ll not complain .
After agm cogs will turn I think , the new ceo will want to make an impression and turn this thing around . Some skin in the game from him would certainly give investors a welcome boost of confidence.