Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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Just check that revenue is up 20% and its profitable. Cash balance is positive with £1.3m.
This results was achieved before 4 more contracts won in last Q.
Watch this do very good in recent coming months with more contracts win and government announcement post Covid-19 in transportation sector.
Results bang on forecast with 2021 to increase strongly.
My mistake, results on 25th. This baby is going to fly
So they highlighted the government’s announcement. Very good Contract. This will do very well in coming weeks.
Exactly today announcement it should be highlighted in small RNS. Market still not waking up on this SP.
Due on the 28th (I think), very good announcement from Government today about £3bn bus related investments. I suspect they will be due an upgrade to forecasts as they are still have a market cap of only £9mln versus old forecast sales this year of £ 16mln and I believe there is a chance of strong increases in future years combined with the mix of sales being data driven with much higher margins and service based revenue, could easily double from here.
Well those words were a bit prophetic!
MM's massively short, so bad they dare not let the price rise and attract more buyers. If the budget today contains measures to promote hydrogen energy and green public transport generally this beauty is going through the roof.
DYR
1- They got the innovative tech product (Tick)
2- They got the cash £1.2m and cash positive (Tick)
3- They are going to expand globally (Tick)
4- Amazing sector Post Covid-19 (Tick)
5- Tiny mcap only £7m (Tick)
6- limited shares in public hands (60% hold by directors and investors (Tick)
7- Great management (Tick)
8- British (Tick)
9- Move up fast on low volume (Tick)
10- Still cheap IPO price 70p (Tick)
11- Their vision to creat max shareholder value (Tick)
12- Great Contracts on regular basis value £1m per Q almost half mcap contracts announced in 1 month (Tick)
13- Minor affected by Covid 19 (Tick)
14- Profitable and dividends could be paid next year (Tick)
15- Pipelines and booking orders are strong as per last update
16- Tow main revenue streams, one of them over 60% growth from last year
17- Move up with low volume
18- £5 per share equal to £30m mcap is very possible with more orders and growth to come.
Do you research and add more if u like
£1 is paid, lets move with more orders towards £2.
The potential here is massive:
Profitable company
Cash in bank £1.2m and cash positive
Great tech and orders around 3 per Q in average
Move fast fast mcap only £6m
Revenue around £12 twice mcap of £6m
Shares in puplic hands are around 40%
IPO price 70p so still very cheap
One more order with good value £5-10m this will shoot immediately
I have topped up all they way. It’s under the radar
Need one more contract win and we break the £1
Finally £1 is coming. This will move fast as mcap only couple of millions.
Looking now for £2 with more orders
Corporates clearly seeing the end of lockdown within reach and are planning for the relaunch of the economy. Many more orders to come.
Very significant 1.3m order for a company with a M/C of 5m
& more importantly could lead to more orders for this technology.....
Promising
Very quiet for now. Still at post IPO stage. When we see this over £1 we might see some actions.
My guess, will so fast to move with mcap 5m