Could this company be a ray of light in these concerning times . The £39.7m MTRC contract gives visibility to earnings over the next 3+ years and hopeful of expatiation into other markets.
The Directors look forward to reporting further on the Group's progress in our interim results, which we anticipate releasing in November 2018.
They have been walking this down over the last 2/3 months , when it stops i will buy again. Ya can't fight this with no new news. As you say JFT the BOD need to spur some life back into GENL a more dynamic approach might help.
Well worth a look over the last 18 months RNS's of this company, this could go ballistic with some sustained buying up to and beyond interim's this month. £39.7 Million contract and only about £4Million invoiced.
Unaudited revenue for the Group, for the four months ended 31 July 2018 is approximately £4.5m (4 months to 31 July 2017: £1.5m). There was no contribution from MTRC in the comparable period last year. The Directors expect this revenue run rate to continue for the rest of the financial year ending 31 March 2019. Unaudited profit before tax has also increased significantly over the same period.
JFT , i have stopped buying stock now as what is the point like you say. We have a nil catalyst situation and the slow decline in POO, if i feel this way others will also be feeling similar . You can't fight the market in these situations Trump has played a blinder . For me now its a wait till we achieve the new range which could be 180's , time to preserve some cash.
Allthatglitters , could get a nice bounce here. The shorters will have known he was selling and taken full advantage they will have to buy back. This could be fun.