What are peoples thoughts on the sales to the US. Is there a chance the amount sold there could already be in the sales figures published?
This is from the April RNS
‘ The Company continues to increase its sales level into the US market and is evaluating potential options to further expand its presence in this important market.’
That tells us there are sales happening over there but unclear if it would be in the figures we have?
Like CCK said, backhand dealings are happening that we sorry PI’s will never be made aware of. Unfortunately the corruption is so rife that any complaint purposely falls on deaf ears. All we can do is sit and wait. Market makers collected alot of shares over the past 10 days and now what we seeing is them being away at mates rates. This will only move up either when they are ready or Mr Mullis drops an absolute corker intraday to send us all into the weekend happy and excited!
Because they are able to see things which we can not. They will be given access to all the companies records to see what value to place. So, for e.g they may be aware of the current order book, sales from america and potential earnings from new products. They will place a valuation on the company based on this and not what the current share price is.
I feel the same frustration sitting on a big paper loss. The market is very unsure at the moment. DOW dropped massively yesterday but the FTSE this morning is green!?
Fair value based on what we currently have would be a mcap of c.250m and future growth potential should see that rise to 350-500m based on how well we do with sales and profit margins.
Any potential rise is quickly sold into like we saw yesterday. I believe we need an update on the companies progress in the US and a few strong sales contracts similar to the UK one before we see true value reflected. This could go either way before an update is given and with a poor update we may even fall back, however i feel the worst is priced in somewhat so any news on progress should help us shift to the next level.
We have nailed some major contracts with Pakistan and South America. Details of which could land anytime. I suspect a lot is happening behind the scenes and the company would have been frustrated by the french order and felt a need to almost ‘make up for it’. Exciting few weeks ahead.
If i was investing based on his posts than i would hold all the stocks he ramps aswell as one obvious one which isnt doing too well lately, but i am not. I merely posted his tweet because he is a credible investor and it is of my opinion that the price will rise not based on what he says but based on my own research which is backed up in his tweet if you cared to read the content.
https://mobile.twitter.com/MylesMcNulty/status/1270996655765061632