Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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It all started about 5 years ago...when...can give any details of contracts etc etc...yeah right on....LMAO
EVEN THE PUMP TRADERS MOVED AWAY SLOWLY....
You have been very spot on with ALL your posting here....imo
In the end all is well a company wsg came of a difficult time to provide a future backed by thousand's of investors so let it continue. Leave if your not happy real invested like me will stay to the end
Kread…. He cloaks placings RNS in “a transformational contract” that requires expenses… as he hasn’t had one of those yet, he cannot get his placing away… he wants the spike to get more “expenses”…. but at a penny, he will struggle to find placees who haven’t been burnt before….so he will wait for that next biggy and he has already threatened there may be a new contract before end of year… so that’s his chance, until then, he and his family live on fumes…..B
You do know that company neeeds 5 million to cover administration cots !Million dollar question is where will pete get 5 million from?As I said Pete has ran out of options, 5 years ago this update would have got market excited and we may have seen 50% rise but Pete has used these tricks too many times and nobody is going to fall for these.
How many so called intelligent peeps who have all the knowledge have predicted or stated there will be a placing, there will be a placing, all this year over and over and over again. Been watching form the side-lines and these peeps a laughable in their postings. Have a read of you're history and I d be surprised if you was not a tad embarrassed at all the calls you got wrong.
Is this some sort of macho feeling that if it did happen you can say you called it. On the flip side though we all know it just a guessing game.
Onwards and upwards from here me thinks.
Groundhog day I am afraid Misty... we will be told late Nov that the opportunities slipped in to 2023.....just like those 2020 and 2021 ones did.... unfortunately they don't actually exist.. but as long as Pete can show "an enquiry" form, then its a fish.... the fact he never catches them doesnt matter...... B
I want to know how this gets signed off/. I'll be asking the Nomad in 6 months once again if they are happy with their due diligence
"...... we remain optimistic we can meet 2022 financial year market expectations."
Looks like my sp guess has proven accurate… 7% down on an encouraging H1 report…..good job it wasn’t poor… lol….wonder how his cornerstone investors are feeling after having their trousers pulled down at 5.7p….. and the 4p brigade when we reset in 2020
That would have been worth some coin few years back
thanks NH, nice to hear from you....... yep, need to move on... but I would love to see Pete in front of "the beak" to explain his business acumin...B
I think if you have a few hundred pounds spare at this price its worth a punt.
- JCPOA Iran agreement is very near, this alone if it gets signed could bring the price up
- Q4 DRC report - not too far away
- Saudi could still open lots of doors - would be good to know if we still have the leverage in Saudi
Downside - Placing possible but cant see that happening for another few months unless we need it for a contract win
John... he habitually places every year.... Financially.....what comes in goes out.. and that is after you include all the placings he does each year.... begging bowl hasnt been out for a year.... money still not coming in...never made a profit.... he lives off the word "ENCOURAGING"............. B
Bumble Towers.....say no more....
I will put the Kettle on...no cake,soz....shame here...imo
Gotta Move on now.......
Report the Fooler for investigation
He wouldn’t get a placing away at these prices
"And…. “IF” DRC does start in Q4, will he require the capital costs again… " and that's where a Covid recovery loan will come in to play. So still no requirement for the placing you crave for.
And we will finish red today…..1.2p-1.3p my guess….Nothing but a news msc without strings is going to move this dog…..everyone expected a gold nugget in todays news, but all we got was Peter s usual “encouraging “ to every single opportunity that has been delayed……
B
And…. “IF” DRC does start in Q4, will he require the capital costs again… that £2.5m he asked for cannot be asked for agai… can it?…….Pete does have thick skin, so probably…. Yes!…..B
Thing is Gibbo, Wsg have £3m less cash than this time last year… overheads are the same… revenue about the same….prospects about the same… so ifs it’s not a placement, then that loan is going to be nibbled very soon. B
Jimzi, you've obviously not been looking in here much over the last 9 months, because every day there are a bunch of posters that have been screaming that a placing is imminent. The comment re the overdraft is clearly pointing out that the facility does exist if needed and therefore for now, there is no such requirement for a placing.
Debtors are in line with December, which given that turnover is up, implies that they are being collected.
Threeputt, your assertion that debtors and creditors should be equal is not correct. Approximately 50% of the operating costs are staff costs, which are paid virtually as incurred, whereas the associated revenue always has a time lag to collection.
Wonder if this will happen…. Says it every year… but will there be strings attached… like a ratification perhaps…..
“We continue to have an active business development programme and continue to develop a number of large-scale project opportunities in both our Services and Technology Divisions. Whilst there is never certainty of timing or outcome, we expect to secure one or more such projects in the current year.”
B
And they're back, strange, anyway more Jackanory from our illustrious leader, pretty precarious on the cash front as far as I can see, wonder what he'll do next.....
todays chat seems to have disappered or is it just me?
..said it
Well as usual this has really set the market on fire !
No surprise here !