Member Info for comeonvog

Jumping ship. I would advise any would be investors to read the going concern.

Caravanboy Really.

Adastra This is the sort of company the UK is in dire need of , just waiting for that one spark to propel it into the big time . As you say there diversity is a joy to read.

TPG could swing into profit at any time , that would blow the doors off this little tech jem. IMO

DD77 And how do you know that.

This company is a total disaster, always has been. Basically it cost's them to much to get the stuff out and that is why they have to keep going back to the market for cash. Wait for finance news would be my call and the consolidation of stock. New-beys this is a classic falling knife situation.

well done folks, a day like this was needed and to close around 0.05p gives us a firm base for the remainder of the month .

Can still buy on Barclays at 1.57p so no real pressure ......yet.

President will make an announcement on the matter once further details of the plan are to be released.
This could be the whole reason why Trafigura were eager to get involved , i wonder how much gas PPC are sitting on with there acreage. Next update will be...... " A workover rig has now been moved to the newly drilled well LB-1001 at the Las Bases field in order to complete the well ready for testing and then production. A further announcement in relation to this well is expected to be made before the end of October."

https://twitter.com/PresidentPlc?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

But why the need to do this. "Initially the company has drawn $3m on the line of credit."

COSTAINonly " whats the point of taking work ffs and not making a profit it's the only way forward ."
The trouble is that is what they have all been doing or have you not looked at the financial statements. Years of paying management bonuses and no profit.CLLN, KIE, COST, GFRD
" Two years on from UK construction’s biggest ever failure, there have been a number of contractors with revenues higher than £100m go to the wall along with many others with turnovers in the tens of millions"

Sausageonstick We get all that ,but to be constantly repeating the negatives gives an impression it is to your benefit to talk the stock down . This is Africa, things always take longer than anticipated ( look at AEX ) politics , limited cash for expansion. I have not always been willing to give this company the benefit of doubt but i can now see the chance to finally get this show on the road. Do you not think that perhaps ( if you are invested ) to now take a back seat and give them a chance to get the this thing moving as there is an obvious demand for the product in an area of limited finance. What would it cost to get a project like this started now with what we are faced with, i think quite a bit more than the £3 million MC we have priced in. IMO

COSTAINonly i very much doubt it. What would be the point of tendering , and how would that control costs.

beyond a joke to let the economy wither away , soon be nothing left Boris. Get a grip.

COSTAINonly Software wont change the culture on the ground , UK is stifled with H&S regulation that slow progress in the best of times never mind what they are having to deal with now. Some program devised by some bof who has never been on site wont make it more profitable , it will only slow progress and give site agents/managers even less time on site to move projects forward. HS2 will be a prime example and why the hell they are even contemplating going ahead with that is a complete misery to me. Working from home = less traffic .

Pumped on twitter .....no mention of profit so it's a wait for cash call.

COSTAINonly I think we all get that, but will they make any meaningful profit and will the government allow them to. Watchdogs will be watching government spend and how they award contract's. On top of all that as i have stated before with covid all projects will take longer to complete. The one hope i have is get this brudy Brexit sorted out with a deal or the UK will go into a deep recession no amount of building will rectify. IMO

The whole of the construction sector is under pressure, difficult to make profit in this environment and with low profit margins they have little scope to improve. 60's next week i fear, about time our inept government stepped in and started to show some support or we wont have any industry at the end of all this. IMO

Trouble here is no mention of becoming profitable , they will need more cash. IMO

" assuming the heightened level of uncertainty caused by the virus continues to subside, we will see an uptick in new business wins in the second half and increased revenue growth in FY2021."