Member Info for 29palms

Nice new all time high this morning.
Even hitting a new all time high this is still under the radar of investors at large IMO

Looking for an ever increasing SP up to release of finals in July, albeit with profit takers along the road.

As always DYOR

Small reminder of TU from 19 Jan 21.

Revenue for the year ended 31 December 2020 is expected to have increased by c.73% to c.$16.8 million (2019: $9.7 million). H2 2020 revenue was also a record high, at approximately $10.6 million (H2 2019: $5.5 million), up c.93%.

Annualised Recurring Revenues(2) ("ARR") increased in the year with ARR of $9.8 million as at 1 January 2021, driven by growth in DDoS Protection-as-a-Service ("DDPaaS") and software subscription orders (ARR at 1 January 2020: $7.2 million).

Corero added 42 new customers in 2020 (2019: 18 new customers), of which, 17 were acquired through Corero's strategic partnership with Juniper Networks (2019: 6 new Juniper customers).

Gross cash at bank as at 31 December 2020 was $10.1 million (H1 2020: $6.2m; 2019: $8.3 million) and borrowings were $2.5 million, including $0.6 million of a US Paycheck Protection Program ("PPP") loan (H1 2020: $2.9 million including PPP loan; 2019: $2.9 million of borrowings). Net cash as at 31 December 2020 was c.$7.6 million (H1 2020: $3.3 million; 2019: $5.4 million).

Undervalued indeed-
https://smallcapslife.substack.com/p/finncap-overlooked-outperformance

Now that is a nice TU resulting in sp popping to 52 week high.
Patiently waiting for results in July

Corero Network Security's next generation DDoS platform technology along with US GTT has been selected by Performive, a leading managed multi-cloud provider serving the midmarket,to protect against DDoS (distributed denial of service) attacks.

https://uk.advfn.com/stock-market/NYSE/GTT/share-news/Performive-Selects-GTT-DDoS-Mitigation-Service-to/84360172

Classic "Tree Shake" today by MM's IMO
Near 3-1 on the "Buy" side this morning.

Point to remember is ST's "sum of the parts" now = £1.28p

Chrisrusty: On the IC portal just open up the search bar and on searching for Thinksmart you will see by "relevance" and there is 1 for today, thast will take you to it.
Also, at the bottom of the screen you have the link to ST's Small Companies - it is the third share highlighted today.
Hope this helps

ST now suggests "sum of the parts" = £1.28p
Way to go and sp "melt up" has started today.

Maybe.....just maybe, John William Gunn has been burning the midnight lamp looking over the QCA Code(Quoted Companies Alliance Code)
http://octagonalplc.com/wp-content/uploads/2017/09/CORPORATE-GOVERNANCE-REPORT-14.12.20.pdf

Principle 1 for me says it all-
Strategy and business model to promote long-term values for shareholders.

Principle 2 is pretty damn good as well-
Meeting and understanding shareholders needs and expectations.

Last but not least, Principle 10 - Shareholders Communications.
The Company recognises that its shareholders are imperative for future growth and
prosperity of the Company. The shareholders are treated equally both in relation to
participation at meetings and in the exercising of voting rights.

Suspended @ 8.01 RNS
Sneaky on ex-div date IMO

However very interesting.

From the Octagonal Annual Report and Financial Statements - 31 March 2019 published on 24th September 2019

Chairman, John William Gunn stated -
"the board remain very optimistic that the work to date will translate into rewarding value for all shareholders"
"I would like to thank... the entire team in the Group..in delivering these results and strengthening the business to deliver greater returns for shareholders in the year ahead"
Fast forward to 17th December 2020
PROPOSED CANCELLATION TO TRADING ON AIM

A Leopard Never Changes its Spots.
Gunn by name....Gun by nature.
IMO nothing more than a Modern Day Outlaw.

Once again....to whom it may concern-
Attention all Private Investors with hard earned cash invested here.
INSP(Inspirit Energy Holdings plc) chairman, John William Gunn, through other vehicle OCT(Octagonal plc) has released an RNS detailing a PROPOSED CANCELLATION TO TRADING ON AIM of OCT
https://uk.advfn.com/stock-market/london/octagonal-OCT/share-news/Octagonal-PLC-Final-Results/83926350
He currently holds a controlling stake of 52.89% in OCT and the proposed cancellation to trading on AIM will virtually wipe out Private Investors even though OCT has stated that they have a net cash pile of £6.5m as at 30/9/2020
Current Mcap of OCT = £4.98m
IMO this Chairman is nothing more than a Modern Day Outlaw.
You have been warned.

A Leopard Never Changes its Spots.
Gunn by name....gun by nature.
IMO nothing more than a Modern Day Outlaw.

Attention all Private Investors with hard earned cash invested here.
INSP(Inspirit Energy Holdings plc) chairman, John William Gunn, through other vehicle OCT(Octagonal plc) has released an RNS detailing a PROPOSED CANCELLATION TO TRADING ON AIM of OCT
https://uk.advfn.com/stock-market/london/octagonal-OCT/share-news/Octagonal-PLC-Final-Results/83926350
He currently holds a controlling stake of 52.89% in OCT and the proposed cancellation to trading on AIM will virtually wipe out Private Investors even though OCT has stated that they have a net cash pile of £6.5m as at 30/9/2020
Current Mcap of OCT = £4.98m
IMO this Chairman is nothing more than a Modern Day Outlaw.
You have been warned.

While other companies have passed on payment of dividends this year we now have OCT paying same dividend as last 3 years and yield is 4.65%
Good news IMO & Mcap is way too low.

Mcap starting to look silly IMO given the announcement on current cash position.

Circa 50% of Mcap in cash with potential of profits in current financial to hit £4m sp is way too cheap IMO

Nice to see breakout today and sp @ a 2 year high.

Getting a little bit of attention....
1.28m buys today v 27k to the sell side.

Mcap of £11.3m is still way too cheap IMO

LTH's invested in "pipedream" stocks elsewhere and sitting on circa 70% losses and here we have OCT -

Profitable YoY
Cash of £6.5m
No Debt
Paying a Dividend Yield of 5%

Well overlooked by investment community at large.
Seriously Undervalued.