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Very tight market here. Managed to get two purchases in a knats watist under 50p, after giving up on negotiated trades.
Agreed. Markets are a bit volatile at the moment. Possibly need to be a little patient until it returns to its true value.
Bit of an extreme reaction to staff incentive scheme and profits substantially higher than market expectations.
After a wonderful flurry of activity it seems that the share purchases of the director and a very positive update have failed to continue the momentum. Although growth forecast is only 3% various cost controls has substantially increased profitability: The combined effect of increased revenues and ongoing cost control is expected to result in increased profits that are substantially higher than market expectations and the previous financial year. Cash in bank up to 4.8 million Results in June. Looking good
whoops. perhaps not. Gonna have to get some more next week
Ok. Well it did get a bit exited last week so I sold at 73p, but back in this morning, one of my better timed trades I hope!
interesting to get a couple of posts from a year ago heading the chat board. Good ole LSE almost a revolution in itself. Those sells at 55.10 were my buys. No one more surprised than me to be offered at that price!
From the trading update dated April 2.
"Subject to the completion of the year end audit, revenues for the year ended 31 March 2019 are expected to be in excess of £10.0m, which is ahead of market expectations..."
Just got into this company last month results out in the next few weeks it has risen around 25% in a week but with a few more contracts like the one that came in just before the year end this could be a very nice little earner.
Cyber uk has to be the reason
Finally on the move.
It is on. Double up from here.
'Huge'..not huue. :)
..surprised not much much higher. Huue turnaround.
For anyone who missed the rise yesterday.
On it's way again..year high should burst...big reversal for igp .
Company gone from loss making to profit.
Big contract win.
2nd on leader board.
75% up now.
Only 7 posts on chat board !!!
Nice
Damn should have taken 24p... oh well gl!
Up
Didnt hold them all ... sold some (a fifth) to run after a big percenter...shouldnt have :)...best way is buy and wait...med anyone....lol
Might see year high again next few sessions perhaps (37p?). Well done cfn for holding.
The combined effect of increased revenues and action taken to reduce the cost base, is expected to result in a return to profitability at both operating profit level (2018: £4.5m operating loss) and after interest and tax (2018: £3.8m loss for the year).
Whoosh :)
Where is that whoosh ? New contract recently.