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Well there were no trades on Friday !
The Security & Policing Event starts today. Will be interesting to see how much interest this generates. On the face of it sounds like it could have many, widespread uses!
Could be game changing for this company
I fear I will soon be able to buy IGE after taking out a second mortgage !
Back in the day this was 13p with same amount of shares in issue...but not doing as well as it is now. Funny old world.
Between a forecasted return to profitability (due to be confirmed in early December), the significant sales and their constant presence at trade shows during these times of heightened security awareness, the steady climb in share price over the last few weeks suggests there's some excitement brewing here
My mistake no RNS on Image Scan Holdings getting ahead of myself
Makes absolutely no sense at all but the share price was trashed today. Aim really is a bloody casino. Anyway, not only will this years results be good according to the trading statement. They'll also have some extra juice to add with these sales.
For anyone who might have missed this article posted on Monday 23rd October: https://www.3dx-ray.com/3dx-ray-announce-significant-sales-in-the-run-up-to-milipol-paris-2023/
"3DX-Ray who will be exhibiting once again at this year’s important Milipol Exhibition in Paris, have announced the successful sale of four AS1 Portable X-Ray Systems and four more AXIS-A33 walk-through metal detectors.
The AS1 Portable X-Ray Systems are a repeat sale of four systems to an established EOD Unit customer in SE Asia. These systems represent an upgrade in capability from their existing LS1 and LS3 systems which they have used successfully for years. These new systems give them the higher image resolution and sophisticated image processing software from the very latest product in the 3DX-Ray product line..."
Err that's 2 and a half years old...
Still the company is now on the right track, just surprised the Broker forecast was so conservative. Guess they are under promising but hoping to over deliver. Think it will creep up a bit from here .
Https://masterinvestor.co.uk/equities/image-scan-holdings-a-real-penny-stock-gamble/
Ooh was hoping this would do well this week.
Oh well next week then
Mannan, you said you hold about 1% of the company and after yesterday's update must be extremely encouraged as the company is clearly going places now. Sadly, your 1% is hugely in excess of board members holdings, especially the chairman and that message I'm afraid is what kills this stock every time.
People selling with little profit I will hold for few 100 percent
Good call
It’s pushing up now
Im in , I am surprised this hasn't rocketed through the roof, obviously the herd haven't arrived yet, I have only just discovered this myself, thankfully before a lot of others do, well done
Not many people radar yet .this is hidden gem .i saw this share went over 15/16 pence few years ago i am expecting same again in coming day,s
Expects revenue to jump 50% in its recent financial year and to swing to a profit.
Shares in Loughborough, England-based Image Scan were up 5.9% to 1.80 pence each in London on Tuesday morning, following its pre-close trading update.
The X-ray screen system supplier to the security and industrial inspection markets said it expects to report "strong" sales and profit growth in the financial year ended September 30.
Revenue is expected to be GBP3 million, up 50% from GBP2 million the previous year. It predicts to swing to a pretax profit of GBP100,000 from a loss of GBP350,000 the year prior.
"The uplift in market activity as mentioned in the interim results has continued and government opportunities which were suppressed or delayed, by Covid and its aftermath, are now actively progressing. The extension of the product range has already borne fruit and offers the company wider opportunities in the Counter Explosive Ordnance portable x-ray marketplace," Image Scan said.
It added that it has dealt "very adeptly" with the challenging global economic conditions and in particular with the significant inflationary pressures and supply chain delays.
Image Scan's Chief Executive Vince Deery commented: "I am delighted with the work we have undertaken this year to ensure organisation changes and cost controls have had their impact which has helped deliver the hugely welcome return to profit. With the improving market conditions, we wish to build on this result and use the coming period working with significant shareholders to look at the strategic opportunities for growth as a listed business."
Image Scan Holdings Sees Strong Sales, Profit Growth For Year
Bought some at 1.90 .
10 October 2023
Image Scan Holdings plc
("Image Scan", the "Company" or the "Group")
Trading Update
Image Scan (AIM: IGE), the specialist supplier of X-ray screening systems to the security and industrial inspection markets provides a pre-close trading update for the year ended 30 September 2023 ("FY23").
The Group expects to report strong sales and profit growth for the year. Unaudited revenue is expected to be c. £3m for FY23 (FY22: £2m) an increase of 50% and pre-tax profit c.£0.1m (FY22: £0.35m loss). The Board is very pleased and encouraged with the Company's performance during the year given the market challenges.
The team has shown great energy and enthusiasm in achieving this turnaround. It has dealt very adeptly with the challenging global economic conditions and in particular with the significant inflationary pressures and supply chain delays, the latter of which is now showing signs of improvement.
The uplift in market activity as mentioned in the Interim Results has continued and government opportunities which were suppressed or delayed, by COVID and its aftermath, are now actively progressing. The extension of the product range has already borne fruit and offers the Company wider opportunities in the Counter Explosive Ordnance portable x-ray marketplace.
The industrial activities of the Group have continued at expected levels. The transition of this business to lower cost-based locations in Eastern European and Asia has been well managed in order to mitigate any impact to the Group's revenue and profitability.
The restructuring and cost control programs, previously reported have contributed to the return to profit, coupled with prudent cash management the Company closed the year with £959k cash (FY22 £690k).
Image Scan's Chief Executive, Vince Deery, commented: "I am delighted with the work we have undertaken this year to ensure organisation changes and cost controls have had their impact which has helped deliver the hugely welcome return to profit. With the improving market conditions, we wish to build on this result and use the coming period working with significant shareholders to look at the strategic opportunities for growth as a listed business."
For further information on the Company, please visit: www.ish.co.uk and for further information on its products, please visit: www.3dx-ray.com
Perhaps corporate activity is afoot or good news on trading / orders is coming. A few good buys can move this share up and down sharply even though there is no news. However I hope things are looking positive for Image Scan financials and SP going forward. Braveheart upping stake a while back adds interest.
Hey IGEers, I've made a post on my page Content for Investors summarising last weeks' interim results - I thought they were excellent and are the first signs of a turnaround happening under new management.
I aim to help get exciting AIM announcements like these noticed by a wider range of Private Investors. If you think this is useful then please drop a like and repost, it would be greatly appreciated.
Link is: https://www.linkedin.com/feed/update/urn:li:activity:7059856963009945601