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can become ??...it already is. The only ones that haven't and are unable to are us lot that are down a fortune.
Often, once a small cap drops into tiny micro-cap status, it can become forgotten and unloved for years. Fund managers, analysts, even private investors, move on. That's a worry for me here.
Well that’s what it says on the website. I to don’t quite believe it’s that much as there’s no way this can be trading at a 16m mkp if it’s anywhere near 50m annual revenue that would be less than 1/3 price to earnings lol. I’m not expecting a good update in January especially given the delay, the consistent daily selling of shares on the market on the deadly silence from the Board of Directors however I do think it can’t get much worse now given the market cap is so tiny unless they pull the plug, which I don’t think they will.
50 mill revenue yeah ?? think we need some clarity on actual v estimate tbh
Currently the market is pricing in a Normas worthless scenario, with a 16 million MKP under potential 50 million revenue year for next trading updates if it’s terrible probably won’t make much difference. Yes it might drop a couple of pee in the scheme of things we are down in the pits right now.
Going by the past we should expect a Trading update next week , but with the new company this may delay the results. This will be make or break unless in the trading statement strong pipeline for the future.
Having only going by the strong jobs advertised and the snippets of information was why invested more.
"24 mouths"
No i mean the employees taken on as part of the recent acquisition ...whose skills one hopes are also of use within the core business
24 new mouths ? Do you mean the new starters ? Linked in have only welcomed 2
I suspect they are working hard in the background ....plenty detailed in the last placing to be working on....I don't doubt for a minute that everyone has been pretty busy....despite no written update since news back in November
In terms of new contracts .... it may well be like previous quarters ...whereby new contracts are lumped together into one update.... each one just being a starter contract with room for ongoing growth ..the 12 new contracts of H2 will now be worked on...
Getting Tier 1 or 2 clients is no easy feat ..and takes a hell of a long time...much of it is merely sitting and waiting to see what happens.... decision making takes a long time at the moment, to feed down to the smaller guys ..." advanced negotiations" are no doubt under further review ..due to tender margin reviews, pricing etc...in view of inflation and current market costs.... they cannot afford to concede too much on margin...otherwise the contract merely helps pay to keep the lights on
It isn´t easy out there
..... but at least once they get a foot in the door with the new clients.....the base work is done .....and it does become easier to grow a known client
The 24 new mouths to feed along with Victor , will have to push with the developments too
Don’t disagree with that Ian pretty good strategy. I would be quite surprised for them to go bust certainly in the very short term as they have been advertising roles and now Look like they’ve just appointed a very well-qualified sales director. Let’s hope he can win some business
Radio silence on q3 and q4 is a concern imo. They were quick to give trading updates when things were going well. Maybe I’m wrong and it’s a new policy to not tell shareholders how business is.
17 looks bloody cheap but so did 70-60-30-25-20.
I want to know they are not going to go bust before I put my cash back in here, if I ever do. Better to miss a 10% initial rise and catch a ride up than gamble with your cash in the dark, that’s my take stew.
Was thinking about adding myself, but think I have learned me lesson here.... if there is no noise thats a bad thing!
Stew, I took the plunge for a further 25k at 17.44 hoping the sp has finally bottomed out.
I have done similar many times over the last year at what I thought was the low point but the sp just continued its never-ending fall, so I can understand your reluctance, but as Del boy would say "He who dares wins". Probably not the best characture to take financial advice from?
Please let 17.44 be the low point.
Tempted to add 25k myself but just haven’t got the balls at the minute
Belive they've turned a corner so at these prices im adding.
Cheers
Given their history they always seem to delay issuing out bad news though so unfortunately I’m expecting the worst yet again after being Hammered on virtually every up date all last year
I rather a delay update than a crap one. I can wait bit longer as long as it is positive. With the whole Market is a downtrend, we really need a good update, hope the BOD can deliver something, otherwise I will be dead. Fingers crossed.
Bloody hell more no news although part of me was hoping no news today as it’s Friday. They aren’t even giving us the bad news just total and deathly silence
Trading update soon i'm led to believe....apparently contracts are progressing along satisfactorily. Phew, thank goodness for that..
I was starting to get concerned so i was..
CautiousO - who knows, it's long overdue and the SP weakness is an inevitable consequence of uncertainty - I've missed off the Optimism because there is little of it here.
I'm sure the situation is not lost on the directors - I honestly believe a CEO needs the sack at Loop.
When are we ever going to get a trading update?
We can only assume that the results are in line with expectations otherwise they would have to update the market.