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Completely burnt, around 88% down on my investment in this company, that 15 months ago according to RD were going to have millions of pounds of revenue coming in even if the contracts were only taken up by 10%! No news for what now, 7 months! All these contracts were meant to have been won, so either take up was extremely poor, i.e. 0.5% take up, they were cancelled or the company is making loads of revenue as we speak but for some bizarre reason has now decided to not update their shareholders on their success!! Fingers burnt, won't be investing anymore here ever again, but won't be selling a) because barely worth bothering and b) maybe just maybe the company are making a success of the new transactional model. Either way the lack of communication is a complete joke.
Buys showing as Sells. Just bought back in today after a long absence.
Like Falanx and cloudbuy both are 90% fallers. Either it is a great time to buy i.e if both start to generate cash or not. Both could be great recovery plays. We shall see. I hold FLX.
Thanks. Im looking to go through it tonight. There are some pretty good recovery plays on the maket and with US elections this year we shall see where the market goes
As a punt, perhaps. But I would take Rons word with a pinch of salt. Plenty of burnt fingers due to his actions while he makes off with a brand new house
Pros and cons mate. Overhyped for far too long and now there is no trust in the management. However it may have now turned profitable for the first time judging by the half yearly accounts. I would have thought that a placing for running costs would have been scheduled for around Xmas but nothing to date. Some hope I guess
Having looked at cloudbuy worth a punt at these levels?
If Ronald and Co don't start buying at this lowly sp then I may throw the towel in. Next mtv? Sp Is begging for an update...
HOPE is so close to HELP!!! funkybeats :-)
What I will say is I HOPE it's a positive update to recover losses
Trev because us PIs are being taking on a ride by the directors you have been found out to be blatent liars with a great imagination who can manipulate their companies share price for the benefit of themselves. Ie a new house. No matter what news is in the pipelines the damage has been done in term of trusting the Duncan's. I will be using my vote at the next AGM to vote no confidence in them and also God forbid if they issue a negative trading update which request further financial backing with further bull****e promises then I will cut my massive losses and watch as the company goes under. I ain't gona invest in one man and one ladies pipe dream of bull should a negative update be forthcoming,
Slowly accumilating at these prices, when good news hits back to 25p easily
Director share purchase is also a BIG plus in confidence, all looking good in my view
Because their is nothing new to say that is SP price sensitive that changes the previous RNS's, can be seen also to be very positive by being silent
All these contracts that were won over a year ago, that were going to bring in millions of revenue even at only 10% take up, yet we get absolutely no information from RD on how they are doing! Instead the share price remains completely sunk due to the situation from last September that we had no explanation for. Why are we getting no information at all on contract uptake? Very poor.
I think somebody has been accumulating but just guessing
Hope the £9k spend is a director buying more... I know I bought a few the other day.... Gla
Roll the dice and buy some more here on Monday ... After all the lack of news was predates by director buys... Gla
Haha
6% on no news, plse lets have no news for the next.... 14.4 days and I'll be happy 😀
Think it's time for some news as you say...
Bit of good news now after the clear out please Ron
Cannot be far off. Perhaps a few nervous sellers thinking it is not going to happen
I'm sure that NHS SBS would carry out their du-diligence on all companies they partner with to ensure they have sufficient working capital ( or guarantors ) and not launch a new NHS Procurement Platform with a company that was about to go bust anytime soon (that would be egg on face). Therefore, as of 23rd December 2015 we can presume that NHS SBS must still have been confident with the financial situation and outlook with CBUY. So if they do launch I think that we can be sure Cloudbuy are not going bust anytime soon. The question is will they launch and when ??
Something must be improving though. We would have had to raise money for operations before Xmas based on half year results.