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AGREED - an excellent prospect and will ride the giant thats the Chinese economic recovery & growth 20p should be a step towards even higher progression of the sp all in time atb
GEONG International Limited (AIM: GNG), a leading internet software solutions provider and operator for large enterprises in China is pleased to provide the following update on its current trading. Since the announcement of the 2012 full year results economic conditions have remained stagnant due to the uncertainty in European markets and a general slow down in investment activities in China. As a consequence, the Company expects to report revenues for the six months ended 30 September 2012 slightly below the corresponding period of last year. However, margins have remained broadly in line with last year. The Company has continued to gain new contracts, winning four new customers in the IaaS division and generating two new contracts in the SaaS division since the beginning of the year. This takes the number of SaaS clients to 20 and increases the level of regular revenue. The value of the new business won during the period is in the order of GBP1.1 million, part of which will contribute to earnings in the second half of the year.
I actually think the tide is turning for GNG. They basically GNG have not put a foot wrong, down on overall sales by single figure %. Still got good cash in the bank and a fantastic trading with good strong companies. Excellent stratagems in a very good market, new contracts and tenders in the pipeline. Any News however small on the positive side will send this share back to 20 which was the lower s.p trading before the drop to these levels.. Above is a snippet fron GNG this year.. IMO. GL ALL.
Would have to agree with you there especially with the limited number of shares able to be freely traded & the effect that will have on the magnitude of any rise - it obviously had the reverse effect on the drop but a change in fortunes occuring. Thats why im comfortable having my holding secure without having to scrabble for shares on any positive sentiment or push. This one will be right back up soon imho
Gng back in double figures by march. Topping up and small rises until RNS Good RNS = 20+. Def contender for 10-20% short term gains.
BUYING!!
LOL
Think we will test 3.75p again Then around 3p. MM's toying with investors ..... They suck you in with false moves&hope. Then after the rise the falls happen again and again in a downward trend for the next few weeks
buying pressure hopefully soon be over 7p again
Hi m8. I'm averaging down to 5-6 now. The last rise was purely on the back of a rns potential release. Good points are. They are trading same as 2010. Still good cash balance. I am very confident this will be back in double figures by march. Any news of new contracts and were back in the 20's. Patient. Top up. Sell. That's all thats required with GNG
Hi wished I sold at 7.5p and bought back in at 4p. My average is huge and my loss even worse. .... WAT is your average price
Hi m8. GNG Will come good. It's all done to nothing exciting in the results..still cash in the bank and operating on a good level..any good rns and this will be in the 20's..Any news regarding new contracts..well who knows..March will see the next rise..Just top up and average down ready for the rise..
Tipped by who? You put the same post on the BPC board but with no corroborating links or references.
down like a lot of shares today may rise at end of day or tomorrow patience may be the answer
Looking like we will test 3.75p again ... Tipped as a sell. Overvalued for now
holding steady this share may have good future potential
share sell before closing , this share should have potential patience may be the answer
Anyone know why this share is held down so low? It was around 90p some years ago... My average in here is 21.5p.
holding good to see some buys after so many sells this share may rise in the new year i hope
what figures? Last 3 trades were mine. Only 4k. Unlikely to scare MMs. Limited share availability is what is moving prices.
Price heading up now 4p sell. 4.5p to buy.... mm's worried as there was a large trade after figs last Friday... Onwards and up... This should be at least 7/8p nav
managed to buy a few but not much liquidity here
don't know how you managed to top up. I have been trying this morning but can't get anything above 1k. can sell only 3k. Also no trades showing. I know this isn't always reliable but I think MMs might be anticipating a little move perhaps
Bargain 4m in cash This will boom well tipped. ..... Bargain