The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Can only buy 25k: Shortage of stock at the moment.
Gavin Lyons, Executive Chairman of Pinnacle, commented on acquisition of Adept4: "This is a pivotal moment for Pinnacle as it completes the turnaround of the business which we set out to do in January 2016. Having executed five acquisitions and three disposals in just over four months we have moved from a loss making company with liabilities to a sustainable operational platform with healthy gross profit margins and high recurring revenues. Our focus is now on the integration of our acquisitions so that we can scale our asset light, 'IT as a Service' proposition we have for UK SME business. Our strategy remains the same and we will continue to focus on growing the company organically and through acquisition."
This is a snippet from the last set of results: It goes to show that we can expect a cracking set this time round: Gavin Lyons, Executive Chairman stated: "Since I was appointed in December 2015, our entire focus has been on the turnaround of the business. Having executed five acquisitions and three disposals in a very short period of time, that turnaround is now complete A consequence of all the above activity is that the numbers reported in this interim condensed financial statement are not representative of the new underlying trading business - we now have a trading business with healthy gross margins, high recurring revenues and positive cashflows.
Two week this coming Monday for results rocka?
Max buy of 100k. Anything else needs to be negotiated. Interesting.
Looking like we are heading back towards double figures as suspected. Accumuli went from 8p to 32p under this same team of Lyons and Duckworth over a 36 month period and AD4 will do the same in time under these guys. the first year is out the way and the results we wait on will be transformational.
Still another couple of weeks till results but it looks like the smart money is getting in before the action.
Looks like someone is snapping these up before the build up to results gets going. Smart move on someone's account. Can see these getting back to the 15p level once the results are done..maybe more if they are as good as expected.
Commenting on the results, Gavin Lyons, Executive Chairman stated: "Since I was appointed in December 2015, our entire focus has been on the turnaround of the business. Having executed five acquisitions and three disposals in a very short period of time, that turnaround is now complete A consequence of all the above activity is that the numbers reported in this interim condensed financial statement are not representative of the new underlying trading business - we now have a trading business with healthy gross margins, high recurring revenues and positive cashflows. Our focus now is on the integration of our acquisitions and scaling our proposition to become a leading UK supplier of IT as a Service." I expect as we are now into Jan 2017 that the figures here will look very different from last year!
More than optimistic for me. They have cash, they completed all the acquisitions and have been building revenues. They done the same with accumuli and then sold it on once it was built and the same will happen here. They took over that company at 8p and built it up to 32p before it was sold off, so i'm very confident they can go one better here.
next set of results will be transformational. It's simply a waiting game. I've been invested here for some time but exercising patience which I'm sure will be well rewarded.
and it's even more or a buy now than it was. For the record, MXCP bought over 7 mill RCN yesterday....why on earth would they do that if something dodgy was going on or something they could be implicated in? very clear to me that this will thing with RCN is a non event.
Share price is bottomed imo but not for long. Next set of numbers will show only the new and acquired business with healthy gross margins, high recurring revenues and positive cashflows. That's going to be the turning point here. From ceo: Since I was appointed in December 2015, our entire focus has been on the turnaround of the business. Having executed five acquisitions and three disposals in a very short period of time, that turnaround is now complete A consequence of all the above activity is that the numbers reported in this interim condensed financial statement are not representative of the new underlying trading business - we now have a trading business with healthy gross margins, high recurring revenues and positive cashflows. Our focus now is on the integration of our acquisitions and scaling our proposition to become a leading UK supplier of IT as a Service."
I would test it and file it under research :)
RNS and Sharesmag tipped us to make it big. This is easy money for anyone getting in at this level. It's been tipped by sharesmag, it's now selling it's best brands in the US and we are heading towards October results having got in to almost every major supermarket possible. No debt, cash and a huge pipeline of sales in many continents.
good morning mate, looking for another good week here.
Agreed, I also expect a good week ahead for DIS. I know everyone is looking forwards to the results in October but for me the Xmas period is where we will be flying very high as we will be selling plenty in the US and the figures will be bumper!!!
Looking forward to next week which at this rate will see taking out the 2p level and then pushing on.
Does anyone have the full article? I think it will give us good exposure going forward and we should see a significant amount of interest when the October results are out and the latest on the US sales. We will also have the market back in full swing by then too.
Yes sharesmagazine done a nice piece but I only have a snippet. Distil’s spicey potential: Growing distribution brewing profits potential at drinks minnow: Growing domestic and international distribution should drive a return to sustainable break-even then profitability at premium drinks brands owner Distil (DIS:AIM). As such, the microcap purveyor of high-end spiced rum, vodka and gin looks interesting at 1.12p. Encouragingly for the £5.62 million cap, another major UK supermarket has listed (11 Aug) its high-growth RedLeg Spiced Rum ... There's more but I don't subscribe