I have 're invested6 Oct 2018 10:34
Listened to Di4mond And Miss G st al but then decide to not just consider this company's prospects on historical facts. I sold out but have now repositioned myself but only a grand so no big deal if it goes sour and I am in sub placing price at 0.265!!
Recent presentation confirms over 300 New customers signed up in August and Sept and even if all were private custs that is an additional revenue of £6000/month. However it is the SME business that is attracting Toople so if there new contracts are working the revenue will be greater.
The co is looking for I think a GP Margin of 35%.They have stated the placing has provided enough cash till they go cash flow positive..Initial time frames 2 years however with the number of customers being signed up now it is anticipated that cash flow positivity will be a lot sooner than that.
Listen to the presentation.Very informative. Don't put your lifes savings in here but DYOR and consider.The Merlin software will be a winner here as is there business retention and review scores 9/10 Only 0.3% drop off from fixed contracts.
Back in!!!