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Yes you are right of course about the three year period I quoted.
Was thinking of Staffline which is a different kettle of fish! However the fact that only last reporting year needs amendment makes me even more uneasy about why they are taking so long over it.
We shall see, hopefully shortly.
Harry
August is always a bad time where revised accounts are concerned. BOD hols and Auditor hols.
Comment a while back on ADFN was that Sept was the likely date for disclosure .
Don't agree with Jab- no requirement to restate earlier years. IFRS only obligatory for results post Jan 19!
Enjoy ur sunshine - wet season on the horizon?
Do note that the spread has been reduced. I think that the transactions recently have been buys - cos spread was shown as 26.5 27.5.
I have no more idea than you as to why the revised results are taking so long. However they do have to revise results for the last 3 years. I am also concerned that Dunamis is not earning its keep as much as they expected. We have heard nothing about contracts won by them in the electrical charging field, which I should hope they would be winning more by now.
We can only wait and see.
Good luck.
Jl5006. What's your idea on this continued delay on the Audited but revised accounts. I'd like to think its nothing to worry about but surely they're legally obliged to provide these sooner rather than later. If it turns out this continued delay is because of negative 'unknowns' are they liable for false statements to the Market and this situation continues to weigh on the SP
All theory.of course but it seems we may get the next update before we get the revised accounts
Quite why these adjustments are taking so long is a bit of a mystery. It can't be that complicated surely? If they come out as forecast I reckon the SP should rocket. The only other thing keeping them back is the fact that the company is totally UK focused and also in the utilities sector
Just a correction of errors I believe.
Tho from June suggests poor controls!
5 X very late reported trades from June 3rd ? Not of any great consequence value wise and is a minus sell a buy ? Confusing however.
Choppers. These late high volume trades are a puzzle. Do we interpret these as buys or sells??. If buys then.ok but FCRM are so lightly traded who is doing the 'bookbuild' for the likes of Bayford. I had expected an RNS before now but nothing so i just remain concerned. Possibly for no good reason so I hope I'm wrong. On the basis/theory that the SP slide continues I've put an old 'stop' of 20p back on. I hope it never gets there but bad news would certainly 'tank' the SP
All theory of course so lets hope the next update is positive
That post preempted £63k worth of buys Harry. Hopefully that’s settled your nerves.
And to add to my earlier post the 'sell' side on FCRM is also concerning. For such a lightly traded stock seeing high volume 'sells' bothers me
Starting to become a concern on the SP slide given an up day on the Markets. At some point FCRM have to issue their Audited Accounts. My concern is why the continued delay in doing this and are we going to be surprised by some 'unknowns' in the accounts. I know others will say they have stated no 'negatives' on the accounting changes but why not publish them and settle the negative sentiment.
Every single time I’ve bough FCRM it’s shown as a sell, no clue why and it rarely happens with other stock.
Volume so low it hardly matters, just sitting on hands waiting for results....
I know this happens but to what extent I'm not sure; my buy yesterday went through as a sell and I'm wondering of all the other 'sells' on the 20th were actually buys.