Member Info for alfista

The lack of ability to turn trials in to orders does suggest that it isn't the "slam dunk" suggested by many over the years. Funding is a major issue in the short term, I guess the buyers of the last placement will have to chuck more cash in, but at what price? So many "promising" projects from the past never get a mention at all, just vanish, and they hope investors will forget them I suppose. French welding kit, committed to min volume, who remembers that? And so many more, ramped endlessly, now vanished. Poor performance.

That's good, will be glad to be rid of you after your mega ramp before results. Can't tell the difference between turnover and profit, says it all really. Good luck with your next ramp.

A puzzling response to a sound set of figures. Tomorrow is another day

The youtube interview with David Morgan is a great innovation. Five year ambition of a £200m turnover company is impressive. Is it feasible? Yes of course, providing people of drive and vitality are pushing the business ahead, from individual agencies right through to the BoD, the prospects for growth are strong. The commitment to becoming more international opens up so may possibilities, for example there is no activity in BRICS countries as yet, despite them being the engines of world economic growth currently.

Sound results. Group growing, international growth, more acquisitions ahead. Debt falling, borrowing costs falling fast. Divi maintained. All good IMHO

Good upwards move indeed. We have always felt that the vast majority of shares are tightly held, but then some monster trades have shown, over the average market size by huge factors. What is that all about?

Surely the most important thing all holders, or those considering buying, is to prove or disprove the vile accusations levelled against the company. This guy was claiming he had information which would cause suspension, which hasn't happened as yet. His language is extreme, his accusations damning, but is there any substance to them? Is this a real company, making and selling real goods to real consumers, and making a real decent margin, and growing real shops in real cities across China, and therefore putting real money in real banks and building value for investors? Labour shortage in coastal China is a well known fact, China is changing rapidly, with migrant workers able to move around to get the best deal for themselves. If the only mistake this company has made is building a facility they can't staff, but has managed to rent out the building anyway, it is just a c*ck up. So where do the allegations of fraud come from? Fact, or fiction?

alcira. Can you see the whole article on that site, and tell us what proof is published? It is interesting, this guy has a high opinion of himself, but opinion is just hot air, proof is something different. As a balance, the same site informed readers that another company I am in would return to profit in its latest report, which seemed unfeasible, and was. Proof, if you would please

You're right, the inherent value is obvious. However, the market never likes losses, and there has been some misleading stuff written recently which may have led to followers of that website feeling disappointed. I hope lessons have been learned. The mention of dividends on the horizon is an indication of where the directors feel the business is going, but I feel we may need one or two more updates for that optimism to transmit to an appreciation of the sp. Once profitability returns then the value of assets plus multiples of sales achieved becomes feasible, the upside is then clear to all.

Two things. I think we are seeing the final stages of a highly competent turnaround, the products are excellent, as witnessed by far less discounting, and the sales are strong with improved prospects going forward. The financial drag of legacy stores will reach completion, at which stage profit generation will recommence IMHO Second point. Those who read, and believe, the utter nonsense written on that prophet website, are fools.

Fair bit of volume, and a very chunky buy at 49. Seems odd to drop the Bid, but then the dear old MM's like a bit of confusion.

Expecting the Interim results sometime this week if last year is any guide. Group continues to grow, hope for further growth per company too.

Makes you wonder where the shares are coming from? Certainly nowhere near enough sells to cover those huge chunks of buys. There must be a possible holdings RNS on the horizon.

Well with normal market size of 3000 shares, someone must have given their broker quite a headache securing £54k worth in one hit. That is hardly under the radar. Unless we get a holdings RNS it will all be guesswork, but the strength here is great to see.

Wouldn't you think there may be a trading statement around the half year close period, way ahead of the full report later in the year? Good luck with your target, this rose a bit lately, on no news at all. Don't stress though, you may become an inpatient :-)

Sorry for late reply lindy, got sin binned. Look, I follow what the business is doing, and it was plain as my face that they were going to need a lump of cash to execute their business plan. Now they have it, but at a big discount to the previous sp, that is the way the market is, harsh. I do still retain that one big concern though, so far I haven't bought more, we should all be aware that the Italian legal system could rumble in to life at some point, and make a judgement which would be detrimental to the CEO and his holding. Or, they could settle out of court.. Until we get informed, it has to be recognised as a risk, but at least the business is growing, well funded, and with more prospects than ever before. That is my view, I see it as balanced, but it is certainly just an honest view, no agenda either way. ATB

At this level, this could be worth buying IMVHO. The reality is that they are doing the hard yards that growing companies must do, they just couldnt grow without funds.

Welcome to Proof, bringing further growth of the best kind, cash generative.

How contradictory, your very first post informed us all that you had sold your entire holding. You can see why folks have a problem with you when you cant even recall what your position is. If you were an investor in PXS from 2008 then you wouldn't have sold at the loss you initially claimed, which again is contradictory. Don't misunderstand this, it isn't me contradicting you, nor DK, or anyone but yourself.

On your last point, I guess you are aware that the two key men are the same ex GSK management who took Lucozade to continual 13% YoY growth ? This is their field of expertise IMHO, all the rest is just background noise.