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Thanks Thordon!
Just to let you know spent couple hours reading all the RNS going back 5 years.
Bion are owed around 73RM million , now there is a program been in place for several years of repayment but last year a transfer of assets ( power generation ) from one company and likely still to continue as announced.
Turnover will increase this year due to these new assets and others bought in late December not shown on the books.
Now the CEO has said turnover increase last year by 310% or 100RM million , its the profit we do not know and will be realed in June.
Based on past date will be 29th June 2021 , but unknown.
do agree with hillybilly that a price set of what one investor thinks is miss leading , to me its a intesting company and long term hope to add but short of funds always the way.
Please spend couple hours on Bion own website , investor news - then go back in history of all the RNS
Its a good read - then decide to sell or buy
Good luck - Invest only if can afford to lose
Self confessed novice, here on a punt :)
Caveat, I know the risk and don't mind losing.
I'm here for the results and will assess next steps after. It's a company that could become a long term play and even potentially whilst having derisked my original investment.
We'll see.
I think it is very irresponsible to put out these share price estimates without any back up as to how they are derived. Unless I missed them somewhere, if so, could you please repost? I'd like to see a table of potential revenue streams, profits and where these would come from and some attempt to justify such prices increases.
Please be mindful that there many very novice investors on these boards, some of whom may actually act on your suggestions. We all have an ethical responsibility and this should be something for you to think about. It is so sad to see novice investors lose significant savings on wild punts, especiallyh when there are good risk / reward oppportunities available in the market.
DYOR Do your own research
Seriously don’t think 50p or £1 is a realistic figure to be honest but you can certainly dream lol!!
Hamodeh,do you smoke crack or are you serious?
Before the storm, i really don’t care about Serba Dinamik any more. My target 50p by 2025 £150mcap or £1 by 2030 £300mcap
Update very soon so fingers crossed