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Could the bounce back be on
Iminnent.
Looks like sp being taken back up in anticipation.
Dirt cheap price
Looks like some may have bought for a bounce on the seller clearing with that large trade, as I did, but have now given up. Maybe the seller still selling. In any case I like the look of this for a long boring hold, only have a small handful but will average down if it becomes clear what has happened. Paying down debt never bad and as I've said a few times on Twitter etc the PnL history is far better than the headline chart shows. Cash management has been pretty good of late and the non-profit years look like genuine exceptional items/1-off costs rather than book fiddling. The underlying revenue and profit trend is OK, for what we know.
Of course it's what we don't know that often bites us but hopefully this little pullback is just the bored being rinsed out of their shares on a company with a genuinely very low free float.
Left the building
Rakesh Kirpalani, Group Finance Director, commented, "We are delighted to have secured agreement to carry out a partial purchase of the existing Loan Notes. The Group had outstanding loan notes amounting to £3.2 million in October 2016 and it is pleasing that the Group's trading has enabled the outstanding loan notes to be reduced to the present £1.5 million. As a result, the Company is in a stronger financial position, improving its balance sheet and reducing its ongoing financing costs."
The company's improved trading has enabled the reduction in debt to be made. Very good news which brings further reductions in the interest charge for the second half. Trading started to improve last year a we can expect a very positive outcome for the first half results to be announced at the end of next month. A sp of 3p caps the business at £10m. Earnings for the full year could easily justify such a rating IMO.
Don’t understand, who’s selling this??
All points in the direction that the company is doing well.expect this stock to be well over 3p mark by september
Loading up after that news.
200k buy
Think we can safely say the large seller will not be selling another 14m .The remainder were at a much higher average.
we need news, to have calm and patience is the mother of science,
Hopefully!
Primed to move
when it presents results, they will be interesting
they have a good balance, and the business model is good, it needs good public relations with the press, it's a fantastic company, I would like to have 500k shares, sorry my English is bad I use the google translator, grateful
Shares available. Moves fast on any buys.
Over hang cleared. Any buying and it breaks 1p just for a start
you are right, it is a hidden gem, many people do not know this great company, when the whales buy, we will be earning a lot of money, what I like that has few shares available, thanks for your information grateful friend
Easy valuation in a fair market
I have thought to buy the next week more, yesterday buy 141500 I am a long investor, tell me what is the correct valuation for this company, thank you and good luck friend in your investments
On nex exchange. Foooking bargain and not many acknowledging the fact.
STRONG BUY
Why do posts keep disappearing not only on here but other boards ?
A strong day.
Herd
Choice. Berd will arrive soon enough