RE: Cheap future value at CTP23 Oct 2016 09:56
Other side is there is nothing remotely suggesting anything other than that company progressing according to expectation, with some cost and time expended in the challenge of integration, which we are told is now substantially complete. Indeed, we are told that with a full year from all companies, properly integrated, and as they return to concentrate on cross selling and so on results will improve further - last year they tripled the revenue, achieved 20% organic growth, and would have turned a profit but for acquisition/integration costs. That is now forecast for this year. There are many encouraging signs post integration and cost as Castleton look ahead - such as enlarging their HQ and commencing a programme of major enhancement/upgrades to their products, the formulation of additional user groups, and expanding into other sectors for little or no additional outlay.There are others.