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I thought they wouldn’t RNS contracts under £1m?

Elrico, lots of people talking about the margins but are they not hugely impacted by OOs fixed cost base? Therefore when the covid trials were delayed to the back end of last year it’s impacted the bottom line.

I’m honestly unsure why people are surprised, this information has been known for months, I’m sure Finncap reduced their 21 forecast last year.

They stated in the most recent RNS that the majority of equipment should arrive from China/Italy within the next few weeks. And that they should be able to ramp up to 50% of production capacity in June.

The one thing I'm not sure about is how much they could generate for the cashews. I tried to do some research and it looks like RCN (Raw Cashew Nut) goes for over $1000 per tonne. i couldn't find how much shelled goes for. But I think it's a fair bit more.

Be good for the company to post prices achieved etc. In their twitter posts/RNS like they do for CPO, PKO PKC

Does anyone know what the current cashew rev. Is? I believe we’re still around 15% capacity, trying to work out what we could be generating if at 100%.

Longer shot but anyone know what the margins are on the cashews?

I think the tide will turn here soon. 2 very near term catalysts in commencement of high season and arrival of cashew plant equipment. Couple that with spiking CPO prices and higher extraction rates and we’re off to a winner! Just have to wait…

Bad news for us consumers but should be good news for DKL

https://www.bbc.co.uk/news/business-61193141

A share split because the shares are too expensive? We're not Tesla or Amazon.

They're £20 not £2000.

Oh he's well and truly still in the game. Although pretty sure BOOM isn't on his radar

Short everything seems to have a very similar writing style to our good friend Orc

Future Plc

Lobbin you in the filter bin

Lol that was subtle

Gfinity E sports arena on the Apprentice tonight at 9pm

The update in 2020 was on 23 Jan so not sure why people are crapping their pants. Pretty sure companies aren't obliged to provide TUs on specific dates

Fair enough. My mistake thanks

Your correct Oct, however states it could be worth up to £10m from what I can see?

I think going forward we'll see contracts of varying sizes. The average seems to be £6-8m, which makes me think the £50m referred to is the revenue guidance.

We've actually got 2 brokers, Arden and Finncap. Finncap forecast £49.6m I think and Arden £55m. Vs the companies forecast of £50m. I'm assuming that the 95% of booked rev is against CFs own guidance of £50m. Which puts us on a forecast PE for 22 of about 17. Seems low to me given the growth and the space we're in.

What £50m contract what interview was that in? I've seen about 4 today? Lol! Or are you talking about the £50m forecast Revenue?

I think he's dropping loads of hints without going crazy. I saw an interview from him at the back end of last year where he stated going forward he wanted to under promise and over deliver rather than vice versa

I think this is new today but looks like the Covid Study is out for peer review...

https://www.researchsquare.com/article/rs-1121993/v1

Yeah me too. Feels a bit binary but fingers crossed