Member Info for E_AL

A disaster ?!!! Are you for real :

unaudited preliminary results for the year ended 31 December 2018.



Financial Highlights



· Adjusted EBITDA* £2.6 million (2017: £0.3 million loss)

· Revenues up 4% to £23.2 million (2017: £22.2 million)

· Gross profit up by 15% to £13.9 million

· Cash costs reduced by £1.1 million

· Net cash inflow from operations £0.9 million (2017: £0.1 million outflow)

· Net cash at 31 December 2018 £4.6 million (2017: 4.1 million)



Operational Highlights

· Focus on existing customer engagement and delivery on key milestones

· Significant product progress: CTRM fast start, tolling module, Elhub project live, I-SEM delivered

· Carmen Carey appointed CEO with effect from 18 February 2019

· Improved staff engagement through a series of internal initiatives

· Completion of Recycling business disposal, receiving net cash proceeds in year of £2.9 million

**as for 2019 :

“ Revenue for the 6 months to 30 June 2019 was £9.55m, down 9% on the prior period (£10.54m in H1 2018). Our gross margin has improved marginally from 51% in 2018 to 53% during the period.

On 21 August 2019 we announced that the pipeline of revenue from new customers previously forecasted will not materialise during 2019, although new business bookings are anticipated in the second half. As such, we re-iterate that full year revenue will be circa £19m”

You do realize that they are making millions of pounds in profit unlike many other companies in the same sector of business but with MCap much bigger than Brady’s current MCap so 90% drop in sp is an extreme over reaction to news about coming placing Which will be at multiple times the current sp?

Read their interim results and ask your accountant/investment advisor to explain it to you before calling it a disaster !!

I just saw this interview on twitter and I thought to share it on here for the benefit of the new investors/ traders who many of them don’t know much about the company :

“Q2 2019 :The new CEO Carmen Carey spoke to Proactive London following the release of its 2018 results.

The fintech, which underwent a restructuring and management overhaul last year, posted adjusted underlying earnings (EBITDA) of £2.6mln, compared to a loss in 2017 of £307,000.

Carey took over as CEO in February this year having previously been a non-executive at the company.”

https://youtu.be/i6dy3KE83yA

Interesting post Majorboy. The sp spiked from around 3p all the way u[ to just below 9p so today was more of profit taking day to most of the holders. The sells faded couple of hours before the bell & we now have new group of PIs who most of them bought in between 6-8p .... the sp is still heavily oversold on the TA chart (rsi 16.6%) so I think it will bounce back up tomorrow morning to above 7p.

Good support at 5.5p on the technical chart

tooldforthat , they have been trading 4.85/5.2p for a while as one of the MM so imo we'll see more tr1s coming with 1-2% increase/decrease in Peel's position

Just saw this on Twitter :

@JohnAnderson_10
#Zacks Investment upgraded #Mereo BioPharma #MPH from HOLD to BUY in a research note issued on Monday 07/10 after
$Mreo received #FDA fast track for #Navicixizumab ,a treatment for Ovarian Cancer

*An acquisition & 14 director buys in 2019 "

https://twitter.com/JohnAnderson_10/status/1181361318839889922

# Total number of trades : 105

Vol. Sold 96,436
Sold Value £53.52k

Vol. Bought 227,254
Bought Value £126.13k

We had a smashing rns & the overall bought Vol was just below 3 x the sold Vol which is a very good sign.....The sp spiked on Nasdaq unlike on LSE, maybe because many people were sitting on loss for a while so the mini spike was an opportunity for them to break even.

I think LSE sp will follow Nasdaq, especially NASDAQ Biotechnology Index has been showing good recovery (NBI) ... I believe we'll see a bounce back up to above 65p (min.) tomorrow ... Fingers crossed !

This was posted on twitter :

https://twitter.com/blacgold76/status/1181190438444830720/photo/1

#BRY looking rip for a change in trend. Daily tf. Stoch well oversold and has just touched the lower trend line.

https://twitter.com/blacgold76/status/1181190438444830720

Some people have been setting on loss for a while so they rushed to the exit as soon as the sp shown some recovery. SP will bounce back up from here ; )

Some buys showing as sells, this mini top up is mine & showing as sell :
13:44:58 61.40 1,685 1,035

Nice buying pressure building here

Interesting post from Tern’s board on Advfn :

“ Crazy buying volumes we had last Thursday & Friday.. buying volumes exceeded 4 times the selling volumes! Knowing that DA is fully funded till next year & Sisto’s assurance about the progress made so far [The Board believes that DA's model is gaining traction and its commercial activity is increasing] gave current & new investors peace of mind about Tern’s progress plan and assured the market that no more cash needed this year to invest in our current portfolio.

I’ve also noticed that the current shareprice trend is following the same trend we had this time last year .. Sp dropped around the end of September after announcing the interim results only to climb back up on the beginning of Oct, continued moving in one direction to shoot high up above 20p by end of Oct. No news no nothing ,only similar set of RNSs we had around the same time last year .. interim results then loan to DA then sp recovery to above 20p .. I think it’s part of the MMs game, value traders knew it so they have been loading up since which explains the heavy buying pressure late last week.. I believe the sp will be above 10p tomorrow before mid day.

Check the sp trend for same time last year :

https://imgur.com/opexbAj ”

Friday 4th of October 2019 :

Vol. Sold 287,354
Sold Value £25.86k

Vol. Bought 1,251,120
Bought Value £112.60k

Around 5% of the company’s shares were bought last Friday

I just spotted this on Twitter :

" @JohnAnderson_10 - 1:29 pm · 4 Oct 2019 :

The British Bulls @UK_Bulls just updated it’s recommendation for @Ternplc to buy!

[Signal update: Our system’s recommendation today is to BUY. The pattern finally received a confirmation]

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=TERN.L "

It looks like sp is about to move up : https://ibb.co/SsgyYPR

JTMacs, they had to throw a chunky volume on the BID to break it and trigger stop loss orders. Its pretty obvious that the drop was artificially made by shorters using algos to bring it to this level. nothing changed since the bank announced securing the bonds

I'd love to do that Essex_Boy but mtro is trading within the 2-3% 185-192p range and tightly controlled by the shorters so its almost impossible to trade it at this level to bring down the average and if the algo pause for a couple of minutes for any reason or rns lands then the sp will jump above 200p so tis not worth taking the risk. 182p seems to be the rock bottom since the opening and we are pretty sure about whats holding the price at this level

Dan, Peel is the first on both ends of the bid and ask (L2) so they are selling for whoever wants adme and buy the dips ... this is why we keep getting their +/-1% change tr1s

Too many 6 figures buying order were bagged yesterday afternoon under 200p

Shorting algos brought it down so they can cover :/

Another KKK gone through :

16:12:25
194.70
188,894
367.78k

Apparently its their covering day

6 ?? say 600

I saw hundred of them going through on the L2 in the last 2 hours