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We should be due the first move back to 200p over the next couple of weeks, as per May RNS update c £130mil on the order books with 60% forecast for this year. On track as per previous RNS and cash in hand. Hopefully some new contract wins and heading towards £80 mil revenue this year.
I've took a few grand today.. so sorry guys it will probably plummet!
I was in and out after the last drop at around 1.70 and made a very few quid.
Seems a good entry point and time will tell.
That does show confidence, hopefully just the marke playing silly buggers
The Directors bought shares at £1.60 in May after the drop, from the £2.60 range, before that it was £3.80, so the current price looks a good entry price to me.
I think that's the problem now, no one knows fair value as they haven't proved themselves, the successful float could just be good accounting
I often average down but I'm not sure mitesh is trustworthy after that last RNS. I thought things were fine but he had hidden the bad news in the RNS . I Didin't realise until someone said about the new broker forecasts.
Really bad form, kinda wish i had dumped them then TBH
It all depends on what your feelings are and whether you consider that the current price is good or if you think it may go lower.
Also consider how much you have invested and what it will bring you avg down to if you decide to top up.
You are the only one who can make that decision. GL.
hugely undervalued profit making company. look at the ****e on aim at higher values. will be buying more this week
I am sure it will come good. Just need a little upward momentum to pass £1.80 and then hopefully we can get back to over £2 per share.
The last figures were promising and the broker estimates appear to be suggesting a much higher price.
Also, there is a small number of shares in issue. The company is profitable aswell (from previous published figures).
Any holders here from £3 days?
There hasn't been as much activity but still more sells than buys gone through. Baffling really, it's a well run profitable company in a rapidly growing sector. I thought we would have crept up to £1.60 by now but it will come good, I've no concerns here.
New contracts and failing that happy thoughts might be worth a go at this point
Eneraqua Technologies plc, a provider of specialist energy and water efficiency solutions, announces that all resolutions proposed at the Company's AGM held earlier today were duly passed.
The Company also confirms that, following approval by shareholders at the AGM, it will pay a final dividend of 1.2 pence (2021: 1.0 pence) on 15 September 2023 to all shareholders on the register on 18 August 2023. The shares will go ex-dividend on 17 August 2023.
Last year dividend was paid on the 16th September..
Not a problem, you're welcome.
Probably around September Proton
It's less than 1% at these levels, who cares.
1% SP growth is more than the divi
Liberum this morning also note "AGM trading update indicates trading has been in line."
They reiterate their Buy recommendation and 335p target price.
Their forecasts are 15.3p EPS this year, rising to 18.9p EPS and then 22.7p EPS.
That's with a 1.4p dividend this year rising to 1.6p and 1.8p.
So a similar ballpark to Singer's forecasts. Which again is hopefully an indication that they've been guided in that direction.
Absolutely rivaldo, and thanks for the Singer figures. This got hammered into the ground, but the update highlights disparity between the business and the share price. Onwards and upwards guys.
Today's AGM update "appears" to be a step in the right direction.
Certainly Singer Capital's update this morning indicates that they've been guided to reiterate their rebased forecasts for this year following today's update.
Singer reiterate their 249p price target, and also their forecasts of:
- 15.8p EPS this year rising to 20.2p EPS
- 1.4p and then 1.6p dividends
- £6m net cash rising to £8.7m at the end of each financial year
- a P/E of 7.9 falling to 6.2
Bottom hit and on the way back up
Being held very local to me so I was tempted to go but figured it would bore me to tears
Don't look at the share price everyday. If you are invested, leave it and check it once a week. This will take several months so give it time to get back to where it was. It's only a loss if you sell now, so be patient and give it some time.
The big question is ? Are they going to spring any other skeletons out of the closet, and can we trust this management team, going forward.
I never say this but … this is a bloody bargain down here. Hammered by a persistent seller and unwise RNS wording. Not concerned, it will return to a fair price