Member Info for Ctw2014

P/e should reduce with the increase in revenues and profits. For what it's worth my broker's website shows forecasts of 13.9 for year ending 31/3/16 and 9.6 for year ending 31/3/17. Eps is rising with the increase in output/revenues/profit. That's why this is a good bet in the medium term in my opinion. DYOR etc.

.... In my view. Good solid progress here. Revenues jumping up on commissioning of additional plant. Share price does not yet reflect the uplift in production. That will change in due course as this share gets more attention. All in my opinion of course. DYOR etc.

...due out on the 28th

I have had a small investment in here for a while and agree that it is undervalued and has lots of potential. I think it is off most people's radar at the moment but should start attracting attention with progress in implementation of the Maygen project which, as you say, has just had a funding boost to speed up phase 1b. Next year this should start grabbing headlines.

.... In my portfolio has been going down. At least this is only going down slowly. I don't think it's anything to do with OPG. Just poor market sentiment at the moment.

Damn predictive text!

More delay but ultimately cheaper costs so overall it just confirms this is very much a bottom drawer stick that might come good in 2 - 3 years, whic would be fine if I had bought at today's prices!

Thanks for the additional detail. Looks good. I see that there is a slight delay on the second unit commissioning compared to the original timing estimate, but still pretty good imo.

Also multi circuit transmission line at Gujurat complete with 2nd unit due to come on stream Jan 2016 all according to plan.

Sorry wrong board

Also Gujurat multi circuit transmission line completed - 2nd unit due to come on stream Jan 2016 all according to plan.

As if on que, RNS out about sales contracts. General trading update due at the end of this month. Should give us a lift imo.

Agreed that the turnover here is dismal. Just correcting the statement that operating costs had gone up, for what that is worth.

To be fair, spend on administrative services has gone down, just not nearly enough.

To be fair, spend on administrative services has gone down, just not nearly enough.

Thanks for reply. Agree that break even looks a long way off. Here in hope, rather than belief!

Agreed, but at least the FRC investigation is out of the way. Essentially it is now clear that all the previously reported rapid growth was largely hot air in terms of cash generation and that expected revenues were overstated in the past. They have essentially been forced to fundamentally change the business model to focus on fewer, larger, purchasing clients, with more predictable and reliable cash flow. It is clear that all the new board appointments are designed to push change through and to try to turn this around before it sinks. On the up side, they still have over $12m in cash but are currently burning that at about $10 m per annum, so they have just over a year to get cash positive, maybe a bit more if they make further significant cost cuts. However, current revenue is pitifully low, so I can't say I am optimistic. Just out of interest Truthfactory, do you still hold any of these? I do, but the residual value is nominal. No point selling, so just hanging in in hoping for a miracle!

Yes, the trade fair is a good opportunity to kick start some more sales, get publicity etc. I would be surprised if we don't get some news afterwards.

Interims now out. All looks good to me. Great growth prospects over a diverse portfolio of platforms and a continued focus on maintaining/growing the excellent dividend.

If the trades Roses mentions are buys then that presumably makes a lot of the other 'sells' buys too, although I am now being quoted .51 to sell?