Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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I think the company made a tiny/negligible profit and wouldn't be Surprised at the final audited Results there was a modest profit.! The foundation is Solid and I can see that in 2018, with the re-newed Contract (4fold increase) and the New Philippine Contract.. the company will Leap into Profits.! 6mill MCAP will be 20mill+ Also with tiny 8Mill Float.! 10Bags is Very Realistic Here.! SP is Very much at Ground Level.! GLA :)
Good morning all. What shall we expect today?
What it will show though is the growth in revenue before expences ie: which with growth in market share will be higher before being used for expantion. That will show where its heading
Next year it will but all will be reinvested so it wont look exactly like that in the books
I admire the enthusiasm and positive comments but the reality is that we all expected and were led to believe that this was the year when the business became profitable and it hasnt happened!!
Nice work swerve.
Whilst im on holiday i hope i can get a chance to do some reading up on the company
Jav got a busy day ahead of me tomorrow but will try again my friend
Call them back tomorrow Swerve and let us know what they said, as we (The shareholders) have the right to know if there were any developments.
Noted that in 2010 the sp was over the pound mark for a while
To contact the company to see if thete was any further news from the investor show but i was asked to call back tomorrow
I agree with you guys but the market doesnt
As phirpo said. Amazon style :) exactly what they did
If a company does nt use thier profets to expand early enough it wont grow and instead of growing they will pay higher tax there reducing there room to grow so its good bussiness sence rather than showing big profits too early as long as they use it to exspand and take more market share wich is their aim. Then later down the line when they feel they need to the market what their stratergy has achieved by doing this they will show higher profits that the now bigger company can sastain and pay the amount of tax while still growing.
But in reality builds a stronger more profitable model while taking more market share from others trying to enter their space and from other established companies
We may not see a company profit for over a year that doesnt look great but what they are doing is for the company and those invested
The trouble is the market prefers figures and the fact that they will be reinvesting although being a great thing for the company the markets view it somewhat different
Strange yes. Payday for monthly public buyers this week. Good nest egg for the future.
And with such a small free float of shares
Struggling to see why sp is lower on the back of such good RNS and so many good rumours about the future!?
Im hoping on .friday to buy a few more
I wish I had more funds. This price is a steal.
Im quite happy if it stays here while i add more.
Let's all take a balanced look at the facts from the RNS's- there is no way that this is not going to rise significantly!
They probably have orders to fill and will want the best for their clients, for every seller there must be a buyer. Another way of looking at it. ;)