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Agree with your comments. I hoped for some light at the end of the tunnel with the results, but as usual,poor sales, poor management performance and a share price that says it all. This company needs a change of management/takeover before it goes completely to the dogs.
Its a shame that an handful of people have destroyed debate on this site, No-wonder it has now become a ghost room. I will no longer be involved on a thread where the lunitics are running the asylum. This used to be a very good site a year or two ago but it has now deteriorated into a site for dimwits.
answering part of my own question it looks like the company has received $25m of orders, can you be more specific has to the period covered by these orders and where these ordres have come from. Surely everything should be hunky dory with that amount of income.
thanks for info, I am confused that Kongats has stated there has been 25million orders received by the company. That is such a vague statement by kongats, have you got any idea what he is talking about. For example where have these orders come from, are they ongoing orders from the year dot, does he mean $25m of orders etc. Any clarification you can offer will be helpful.
an update on their last RNS regarding the following statement
" immediate concern is the short term sales revenue position, and the Board intends to provide a trading update in respect of the second half of the 2019 financial year before the end of April 2019, once all relevant customer visits are completed and their short term order positions are better understood."
Patrick Elliot
The fact is cpx are concerned about their short term sales revenue position I read his as - the last couple of months their sales have not been up to scratch but they are hoping this will improve. We will know for sure before the end of April.
you have left out the first part of the rns statement in your thread, the paragraph you quoted starts with the sentence below. The word concern is concerning.
In terms of the outcome for the full year ending 30 June 2019, although the Company's long-term sales pipeline is healthy, CAP-XX's immediate concern is the short term sales revenue position
I believe AK is not promoting the company because he has not got anything positive to say, such as new licences or increased sales. I don't think for one minute he has allowed the sp to be walked down to benefit the ii's. Personally I am hoping someone will put in an offer for the company.
I think we have known for a while that many enquiries into the cpx products have come to nothing. Nevertheless many of us still hoped new licences would have materialised. Can other share-holders start to post on this thread to add to the discussions please.