Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Unfortunately it seems you're right.
Nothing moves this pile of shi
Lot of buys but no budge in increase in SP, looks like price is being suppressed, a low traded stock like this should have crept up on the buying going on.
THIS WILL COME GOOD IN AN ASTOUNDING WAY
Although this is good news, the RNS amounts to no more than "Name Dropping" identifiable known upmarket brands with no mention of how they will monetise the opportunity. If it contained projections of an income stream there might be more interest from investors who are currently balking at the 11.%+ spread on the share price.
We also have to take into account how the Chinese Authorities' control of Hong Kong now affects the luxury market there, with any punitive taxes they may introduce in the near future on luxury goods the wealthy locals crave for.
MM's are still manipulating the price to mop up stock on the drops ... interesting to see if there are any late reported trades.
Nah let's deal with the current reality first.
A minnow we are but one with massive potential.
I'm stunned todays news didn't result in an uptick of at least 50%.
We're really under the radar unfortunately despite news of this magnitude.
It's bound to make attracting more brands to sign with us a piece of cake now we can offer them potential exposure in a world class department store like Harvey Nichols.
Seems like the pieces of a virtuous circle are coming together..forget minnow..unicorn in the making might be more like it IMHO :)
GLA DYOR
Unfortunately we're very much a minnow currently just look at our mcap... I agree there's nuch more to SCGL than this ludicrous mcap suggests but a minnow we remain - for now at least.
For a minnow
Sorry you are right
Still nice
No worries @DMcG54. Not meant as a personal attack. Sorry if it came across that way.
I just wanted to highlight to any new people that there has been news recently and that the SP has been up as well as down.
Good luck with your investment.
There are roughly 10HKD to 1 GBP
@toli you've got a bit trigger happy there mate, don't you mean £1,572,347 (rounded up).
@callit - I was just making a point to the previous poster about it hitting zero, I was merely saying sometimes it can go low but I don't see it going pop. I'd love it to hit the 4p mark but I just can't see that happening for a while, hence bottom drawer for now. Best wishes to you and the other holders.
£4.34M market cap and at least 13m HKD of revenue.
That is besides the other two contracts signed that have not specified any amount of expected sales .
If we were to put HKD2m a piece that would make 17million
HKD170,000,000.00 Hong Kong Dollars =
£15,691,448.23 British Pounds AT TODAYS RATE. for a market cap of £4M.
Revenue 4 times value
Had to top up at this ludicrously low price. Expecting excellent updates imminently.
@DMcG54 You mean just before it shot up to 3.9p? :)
We have had some great news last month;
-European brands signed up to exclusive distribution contracts
-Launch of England Pie online shop
-CEO no-strings loan to the company
This has been around 0.4 before in 2019. It's just not a popular share because it's moving slowly and news flow is poor. It's parked really from an investor point of view, a bottom draw job for me.
Had this stock for over a year looking at the posts the talk is all about results and this stock ready to take off. This stock is like a plane trying to take off with flat tyres and yes its not going to happen
This is the story of Aim.
EXCELLENT NEWS COMES OUT AND THEN the share price is dropped so that loyal small holders panic and sell out and the predators suddenly appear scooping up all the shares.
Then this will fly
Not so, they are either set to raise cash or someone is significantly stake building.
Either way an RNS at some point will clarify.
DYOR
Well the SP does not reflect the supposed bullish RNS. I think the cats out the bag here. The company is dead in terms of share value
Obviously not reading the rns. De-listed hahahaha
Just curious as never been in a stock that has performed this bad. What happens when it gets to zero? Will it simply get de-listed? Thanks
Watch it boom next month. Its revenue streams are 4 times more than last year. The director seems pretty happy to invest. He will want to make his money back plus more. Its coming. Just wait.