Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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@pearls - Think it could be something out side of results, new partnership, purchase, who knows really - but it is the only thing that seems to be happening of interest and value at this time.
I reckon the Xmas update which relates to the half year to the end of September 2019 will show the Company is now either profitable or just making the smallest of losses [under GBP 0.5m] as momentum is now building on its trading and turnover.
Sensible approach. Could take a few years.
Got back from Holiday opened up bottom draw. Found SGI no excitement there and put it back in until next year. On the upside there is still the mysterious announcement to come.
"I am surprised that there are no reports on them anywhere in the press."
Year ended 31 March 2019
Group turnover from continuing operations (£m) 11.7
It's an SME really, small business up to £25m of thought of in that way.
I've owned bigger businesses. What amazes me it they've bothered to keep it public given the dominant shareholder has also provided the debt, so I guess they won't want to be diluted any time soon.
It could be a nice little cash cow, in private hands. Why don't save themselves the bother and cost of being listed?
The LSE allows a listing if turnover is over £700,000, but most are £50,000,000. Perhaps they don't want to delist because they do expect to get back to £50m t/o any time soon?
No one get in the press because their SME reports. They usually just organise a nice dinner for the Directors and partners.
Perhaps the annual results were what everyone expected, so there is no interest or excitement in them, but I am surprised that there are no reports on them anywhere in the press. And they were issued early!
Time for Liberum to start banging the drum I think as there is a recovery story here but who's aware of it?