Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
With the recent RNS stating that a price of 9p is the minimum for the BOD's incentive plan then there is plenty upside to come. Double figures will be on us by the next results and time is flying by so not long to wait.
No, I think the purge has been completed and it's onwards and upwards from here. The last set of results were good and indicated quite clearly where we are headed here. A Mcap of around £25 mill id within easy grasp for starters imo
John, I agree but what some fail to notice is that this is the start of something, it's about growing what we have. They done wonders with accumuli from 8p to 32p and I expect even more from this one given time. Put it this way....from here 15p to 20p should be no problem based on their experience and it's the same people here as accumuli
With over £ 4 mill in cash and profitable I'm quite sure there will be one or two surprises along the way. I'm holding tight as these will double in no time.
morning, took a step back here but confident that we will push on again.
Morning. dh42 In answer to your question this is very undervalued and could easily do 100% now the story is out. I think it will, but over the next few weeks and maybe towards next results but its a banker for sure. it could well happen quicker because with over £4 mill in cash I think another acquisition could be possible if it added value to the core business and the BOD thought it was the right move.
Morning
Good day all in all. We should now move up nice and steady as we wished for. Bit of shock with results out this morning as I thought end of the month but good to see we are making fast paced progress.
RNS states Revenues from continuing operations of £4.9m, including only part-year contributions from companies acquired during the year, of which 66% are recurring. Things looking up indeed considering this is only part year contributions
Plenty of cash at hand too which is no mean feat these days £4.3m cash at bank at 30 September 2016 (2015: £0.6m)
Gavin Lyons, Executive Chairman of Adept4, commented: "Over the last 12 months we have fundamentally changed the shape of the business through a series of acquisitions, disposals and fundraisings. We exit the year with the turnaround activity complete and a solid platform to continue to build on. We have substantially improved our operating position, have high levels of recurring revenue, cash in the bank and a team of people that have worked incredibly hard and diligently to deliver against our plans. I would like to thank everyone for their contribution during the period and look forward to building on our solid foundations to ultimately deliver further shareholder value."
Looks like we have had another good day. Nice and steady as we move on towards results.
Morning, folks. I think there's a feeling that this can do very well. They took it from 8p down to 6.5 p to shake everyone out and now starting to head back towards where it was in November. Won't be long before going it's on a run towards results and can easily double from here and more.
Not a bad day and some trades filtering through. I expect to see thing really heat up a week on by the end of next tho.
Well, that's my line of thinking. Not a thing priced in and we know what these guys have done in the past. Once the results are out this will double up quite easy imo
haha, yeah, Imagine that. Why has my investment gone down instead of up sweetheart? You do know you need to leave now and find alternative living arrangements? RNS within 10 mins and a 10 bagger for the boys within a hour lol
Morning fellow holders.
As you obviously know he same team took Accumuli from a £8 mill Mcap to over £60 mill. The share price went from 8p to 32p before the then sold the company on so don't give up mate, this could do even better in future.
Very few shares in issue and moves very quickly as you said. that's why I'm in now because when results do come this will be heading towards the 20p by the middle of the year imo. First stop 15p
Welcome aboard, I can see this doing a nice and quiet rise till results as it's under the radar atm. Once results are out I think it can possibly double up as it's priced in with last years old figures just now. The new figures will show this really is a completely different outfit now. Back to the 15p level is very possible.