back up you ..12 Jul 2011 20:57
From your final results and why a half decent investor would not touch this with a Roach-pole
· Strong focus on organic growth with investment in growing sales and marketing set to continue.
· Continued acquisitive growth in order to both leverage existing infrastructure as well as expand our offerings in the areas of customer acquisition, servicing and management.
· Investments in technology (as previously outlined) in order to maximise recurring revenues and strengthen our competitive advantage.
· Capitalise on our new partner channels to expand our overseas revenues whilst seeking to diversify individual client and sector exposure
Grand Ideas but where is the cash coming from ..Profit ?? all 3 mill of it ..and against a struggling cash flow "Cash flows from operating activities have fallen to £1.7m from £2.3m, with cash flow required for working capital increasing by £1.3m"
A house of cards ..Not for a gold pig would I buy into this ....not before the cash-flow is sorted out !!
T