Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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I agree. SYM is also one of the same. All looks so promising but the sp just kept falling. I eventually gave up and sold out at a considerable loss after 3 years of holding and seeing my investment declining consistently:(
PS. I have to admit that I'm not a current holder but nor am I a "Troll". I used to hold this in the heady Stanelco days, before getting burnt and bailing but have kept a watchful eye since. I saw the share rise this morning and read the RNS and, IMHO, the rise this morning doesn't seem to correlate with what's being said in the RNS. I'd love to see BIOM eventually succeed (biodegradable plastics have to be the way forward) but it doesn't appear to be out of the woods just yet.
Not sure what's driving the rise this morning, relief that the company is still solvent and revenues are rising (not to be belittled in the current economic climate), PIs perhaps reading too much into the 77% jump in quarterly revenues (and ignoring the slippage from Q2 to Q3; the 20% increase in YTD revenues is still respectable) or PIs misreading the RNS i.e. reading "... double the year's revenues ..." and missing the bit on the very next line "... from this source ..."? There doesn't appear, unless I've missed something else, to be anything in the RNS to warrant this morning's 70%+ jump. Importantly, despite the current year position improving, the management's view of expected financial performance in 2023 remains unchanged i.e. significantly below previous expectations (as outlined at the interims).
Don't get too excited it's still Mines running it... lol
didn't post this morning as a Troll would turn up.
notice Justin Waite (who was quiet late last week) said on the Sat Podcast he does that he is now out of this - so assume many of his followers will do likewise this week.
Looking at TR1 he declared 3% back in June 2021 but went below that in Nov 2021 , who knows by how much. Interesting there was a profit warning a few days later.
Whatever he had left (probably bought for c£2) he admitted was sold at a loss.
For all his faults he he always very enthusiastic on his holdings and has a lot of followers. He appears quite negative on the BOD now - understandably based on the last few RNSs.
This was on my watch list, but no longer. Too high risk for my liking.
It's going lower.
This is really cheap at this price never been this low
Only mm makes money with 23% spread
Bargain at this price well over done
My mistake, so 5 million revenue?
Still makes a silly mktcap.
Still going on
£2.4 mil was for 6 months ?
The Group generated revenues of £2.4m
Pumpky where did you imagine revenue as £8 million ; 2021 final accounts is £5.7 Million
Im afraid that all trust gone with management and our loan agreement will run dry within 6 months.
We trusted this agreement with 2nd coffee supplier to be a game changer event , this is not so and no facts of actual projection except we will still be in deficit in debt.
Debt is only good if you make a profit , hence why share price crashed today.
Can only see a white knight that will bring this private or another company to rescue.
Revenue is £8 million?
In my honest opinion. Bloody mktcap is silly, considering revenue is 8 million.
DYOR
If they closed the spread, they would get more buyers, its madness
The spread is close to 20% which put off many from trading.
Tempted to buy but the spread is too high for me.
Panick sellers, my buy didnt even show up on ADFVN
I don't get it, at this rate the mcap will equal the gross profit
Picked up a few. Think this will bounce to 130. Gla.