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For those prepared to wait, time to hang on, I have sold as I am getting better returns in other sectors. STP has become a dormant beast, hibernating well past the winter period with a concerning company debt/equity ratio. A link which may help: http://www.business.barclays.co.uk/BBB/A/Content/Files/Barclays_TT_Newsletter_2.pdf
Better off in PINN
Does anyone know when would this move up?
Spiritel has enough potential to improve profitability just through organic growth of its new acquisitions. When the market begins to improve Spiritel will be in a great position to take advantage of the increase in business opportunities. However, in these sensitive market conditions it is essential for business to reduce overheads and this might be a good opportunity for Spiritel to poach some large contracts from its larger competitors. Beware this one could bite when you least expect! Just my thoughts, GL all
we're in recession and telecoms get hit too. this is a slow burner - if it's burning at all. stp is performing /relatively/ well in a tough environment. it's unreasonable to expect fireworks. the sp should start to move once the uk outlook starts picking up.
I am holding it for long term as well...because once the MM's do their magic this would turn out to be profitable...hopefully
i bought in at 0.77 and holding for long term or 2p which ever first so good luck!
I think it could be people who had bought in much earlier taking their profits at this point of time...some good buys required for this to shoot up....
just shows it undervalued
Shouldnt that logically increase the share value
I agree. My buy of 110k is showing as a sell
contract 4 mill company value 5.5 ish mill
Hi I do not know why the buys on this share as showing as sell - i personally do not feel it is being ramped today because the RNS at 07:30 says that this is the biggest ever contract they have ever won!!
sorry though you were suggesting that ramping was at play here?
ramping??? look at post 07.38
and we are off!
thanks for the update
http://www.investegate.co.uk/Article.aspx?id=200905120700150662S
I’m still buying lots of these and believe with Alastair Mills at the helm this ship will be sailing soon. Last year this business was transformed: •Six transformational acquisitions made •Integrated communications portfolio completed •Over 2,000 business customers now serviced by the Group •EBITDA profitable and balance sheet restructured •Three year £1m managed service contract with Young’s announced I'm surprised this SP is still so cheap but happy to keep buying as it is obvious this could hit the big time soon. GL
report due asap! any betting after 4.30!
i had it all crossed for 1p and it fell,
long time follower of this share. in my experience if the midprice breaches 1p it may get interesting. then again, it may not. hey-ho.
where did you get 250k from? last accs dont agree, they say 1m+
i don't follow.
does it not bring into perspective your ABH rants seem to know whats good for everyone else but not yourself no offence mate