Member Info for bamb

Q7: With that in mind, how do you view the company’s future?

A7: The macro drivers which are expected to drive substantial growth for the group remain so namely the government’s commitment to rolling out fibre to the premise infrastructure to replace the old copper infrastructure and also the mobile networks are moving from 4G to %G so they remain the same.

So the board remains optimistic about our future prospects and another key driver for us is obviously, clearly, as I said before, the move towards homeworking by small businesses and their employees, despite the outbreak of the pandemic and the result of decreases in the economic activity, the conditions in which the business is set, we’re set to thrive and remains unaffected.

In some ways, the outlook is even more positive as many people make a more permanent switch to working from home and the need for reliable, faster data connections with more bandwidth, working from home is a key strategy that all of our products and propositions support.

Q4: How is the overall cash position set to improve?

A4: DMSL, in particular, has a history of being a cash generative business, coupled with the £1.6 million worth of annual savings that are realisable from today, it’s not a promise, it’s not an expectation, we’ve made the changes that as of today, we will start to save £133,000 a month. So, that dramatically changes our anticipated timeline to profitability and to cash generations, we’re materially accelerating that.

The company has now a multitude of diverse revenue streams and historically, if we remember the TOOP business in its growth phases, were gaining customers with the use of, working capital and consuming working capital to grow the customer base. Now we’re able to drive that customer acquisition and return an immediate gross profit through the wider trading relationships that we’ve got within the group.

So, you’ve got in summary, three things, you’ve got DMSL that’s historically been a cash generative business, you’ve got £1.6 million of annual savings that we are delivering as of today and thirdly, a change in our trading from upfront gross profit generation to waiting to the second year of the contract to make gross profit on a customer.

finish over 0.10 will do me for end of week

they have around 1mn in cash so placing unlikely.

bit rich coming from the guy that has recently advised strong buy on INCE and fill your boots in OPTI amongst other gems of advice. What a joke. Neither will make you any more for another year or so whilst buying into Toople now will see you realise 3 or 4 times your investment by year end.

CEO aiming for 100mn valuation for Toople. 2-3p then poss take over target

anything sub 0.10 will look good soon. Better to be in now then trying to get in on the next newsflow.

me too i'm afraid..hoping to snap some more a little lower too...

impressive cost savings. (1.6mn annual delivered from today onwards)
Well structured business
diverse revenue streams
headline revenue decline in short term...margin enhancing
hoping to announce good results in December
sector is very robust
trading in August returned to normal conditions
august order intake 14% up on Aug 2019 and sep orders also up on sep 2019 :)
data connectivity demands only going to grow and grow
toople set to thrive
Andy 'outlook is very positive'

https://www.***************************/toople-remain-optimistic-and-set-to-thrive-interview/412861907

well if we they can get a deal with the premier league ££££££££££££££££

in a much better shape than pre lockdown when share price was 0.20 plus greater opportunities out there with increased home based businesses

now sell at .010 and rising.

0.20 short term target

Good luck guys. All sounds good?

need to forget the past here....Toople now a solid recovery play. End of. Todays interview and news just the start.

Sorry but that's *******s. This is now a micro cap recovery play. 0.20 short term.

agree. solid update. Should be higher by end of day.

don't look down :) this will be flying up soon

You would have to be nuts to walk away from alpha. But each to their own i guess.