Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Im happy just topping up at this level, will pop in july when the new orders are released, hopefully not too soon as i want more at this price..
pr
to many shares in issue..lol...
will check in on the blog now & then though atb
It happens that way with the MMs especially with these sorts of iliquid shares. I managed to bag a few more as pretty confident of there position in the sector & the way forward off the back of a china recovery. Almost all my positions are looking at long term appreciation now as theres a life away from the screen thats been neglected lol GL
More clarity would help as would news on the contracts which shouldnt be far off - i would think theyll give another trading statement then
WOW - the current mkt cap at just over £2M & the cash in bank at the time of the last trading statement at £5.3M with multiple contract news due AND more positive news out of China since. This moves on very low volume given the small number of shares in issue - itll do the same on the upside too imho dyor & gla
Evolution reckons GEONG, is undervalued and has set a 50 pence price target on the shares, which is still 35 per cent below the company’s historic PE ratio of 13.2 times since its 2006 IPO. The expanding China-focused internet software company has a 200-strong blue-chip clients, and in IBM and Oracle, two top-notch industry partners. In July Social Networking 2.0 will be rolled out as a cloud computing solution with five applications. The idea is to create higher barriers of entry to competitors.
Morning mate. DFS isnt directly linked to Geong so no association there to base any price movement for GNG tbh. We do know they had £5.3M cash balance as of the last trading statement which is much greater then the current mkt cap reflects so a good margin of safety there. It had current negotiations with 5 new SaaS clients with full retention of its IaaS clients. The price has stabilised at this bottom for a while now but yesterdays rate cut by china was a positive sign to stimulate growth in Geongs market AND we should have news on the current 5 new SaaS contracts Nows exactly the right time to buy imho GL
An excellent prospect here & should start moving very fast indeed with news on those contracts especially given the low number of free shares & re-establishment of positive sentiment. Good news on the cut in china's lending rate which has impacted US listed china stocks with Geong being one of the leadeing companies within the sector in china. A strong price rise coming here soon imho
Do you remember many years ago when this company was tipped in investors chronicle at 90p and was in the top 50 Chinese company's ? I thought it would be worth £2 at least then & now can't believe an all time low price ... I can see this around 30/40p given a little time,deals,tips&people realising this will rise ...... Bargain price
STRONG CASH POSITION
The 50K shares brought 2day so far are buys but the spread shows them as sells due to the relative illiquidity associated with the low number of shares - I know that because the 30K is mine with the real sell price at 7.41p. The rate cut in china is 2days news but a positive move from the govt there. The low cash position with relation to the mkt cap gives me a lot of reassurance to top up at current price levels along with the prospect of near term multiple news flow. Just as these fell sharply due to the low number of shares in issue theyll climb back fast as well on positive newsflow & also sentiment linked to china growth / steps to stimulate that imho gl
Still no buyers returning? This company is so so oversold & had shares tip in shares mag some time ago
Excellent prospect at current price levels & near term news due imho
Cash balance way above mkt cap to give added reassurance & now the cut in chinas lending rate to add stimulus to growth. Also news due on multiple advanced stage contract negotiations dyor & gla
"China's central bank cut its range of lending and deposit rates by a quarter percentage point in an effort to address the slowdown in the nation's manufacturing sector. Its key 1-year lending rate fell to 6.31%. Shares of Chinese companies that trade on U.S. exchanges were also higher." http://money.cnn.com/2012/06/07/investing/stocks-markets/index.htm
Cash balance ok. When euro issues sorted this will pop back up to mid 15+...New contract announcement in June..excellent value for reducing average...
I have over 22k in money in this with an average price of 17p now. Do we buy more or sell or hold on?
Nice 2x trades 100K bought..... Must be on the move up very very soon
Thanks for the tip 15th May. I topped up £300. Thats all I got lol.
The point is - why is the cash balance so much lower than at the last update when they are supposedly profitable?
We will be looking back at today's share price in 6monts saying should have bought more ? As share price could be back to 20p by end of year lol.... No news from the company to stop the slide
I don't know you ,do I I don't know this share I don't own any shares here I have never posted anything about this share- rumour or otherwise Please don't use my name to mislead folks here Lozan
If you really did buy into this company, then you need to look again and the accounts and balance sheet, as I would of thought the net cash position especially would be one of the things providing you with the most comfort after seeing a big chunk of your investment wiped out. From the trading statement on the 20th April 2012: "Despite the significant revenue shortfall in the final quarter, the Company had cash of £5.3 million at 31 March 2012" http://www.investegate.co.uk/Article.aspx?id=20120420101018P34D3 For the record, I don't think there is such a thing as easy money!