In the last results this comany had cash equivalent to around 29p per share. The business is in for free at these prices. They are successfully turning this around and still winning business. Great great recovery play.
large trades recently. A trading update is due and with the huge director buying recently, i dont think it will be a bad one !!!!! Decent looking chart here aswell .... a run upto the 35p area possible. Trades a big discout to cash .....real takeover target imo.
and at the close the actual buy was 5p again .... sub 5p buys look very decent. Hopefully who ever has been selling into any sort of strenght has now finsished. all the ingrediants are here for a good rise.
The company issued RNS after RNS stating clearly the dire financial position and warning of the very real possibility of ceasing trading and no value being left for shareholders. Everyone KNEW the risk, everyone had more than ample opportunity to sell out at loss or profit. This action will get knowhere and is utterly pointless.
Nasdaw listing news ..... been checking every day and this si the first time info has started to appear ... i take it they havent done it for no reason .. very interesting ....http://www.nasdaq.com/symbol/akbs/sec-filings
It was a very good update. The CEO says that this is the best shape AKers has been in for years .... and they are really miffed about the present valuation and i can see them really wanting to up the game here. So much in the pipeline. Surprised after the big volume a few weeks back we didnt have a holdings rns tho ? I think another trading update will make this go bonkers. Great products, no debt and way ahread of full yr targets already. Just waiitng now for the next leg up.
and in the process raise the $17,250,000 they are going for then that equates to a share price here of £3.8p. Then theres the updates etc, very good risk reward IMO.
if it takes off in the usa could be a huge money spinner for akers .... attached is a blog of a well know fitness guy int he usa who has been using it and promoting it ...http://www.bengreenfieldfitness.com/2013/05/low-carb-triathlon-training/ .......... there is so much going on here now that this could rerate very quickly indeed even tho already doubled in short time ...... even the CEO said that these product like the breathtest kit in france have the ability to transform profits wildly in no time at all. These have really not been in this kind of shape for a long time ... my target is 7.5p for xmas.
be the turnaround share of 2013 ... looked like it was dead and buried and going knowhere now suddendly things are looking very rosey indeeed. Looks like it now has proper commercial focused folk on board and trading statement was brilliant .... good news and natural progression could see this bag again.
looking strong again. Very hard to buy. Still a big buyer around. Chube took 80 miillion and 24% of the company a while back and they will know more than anyone how this is performing on the breath test front. Nasdaq listing potentially anyday now where they could be valued at over £10 million .... this could double easy. GL