Member Info for fundraiser222

We know that institutional investors have bought 7 percent of the company since Feb 12th update so there cannot be much of the overhang left imo, black rock have sold 9 percent of the company so that only leaves 2 percent left to be soaked up and they started selling on 13 Feb so they must be pretty much done now imo. The free float here is only 28 percent so when the selling stops a normal market will resume and imo the recovery will be monumental. The only reason it dropped so much is due to black rock selling and 2018 not forecast to meet expectations, but one year of lower revenue does not warrant a drop from 200p to 37p! Especially when 2018 is still forecast to post a strong profit and pay a good dividend. 8m in cash so the company is basically valued at 22m atm, ridiculously undervalued given their turnover level of 100m plus, if 2019 orders are looking strong and H2 2018 is looking better than previous guidance this will double very quickly imo we will find out next Monday but make no mistake once the selling stops and better news lands this will recover very very quickly and clearly institutional investors agree as they have bought 7 percent of the company in the last two months! Have a good weekend all, the next 6 trading days could be epic

Of only 28 percent, once the seller is out and they look very very close hence the tick up in price recently this is going to pop. Schroder have increased their holding significantly buying a big chuck of the seller stock, Black Rock went under 5 percent over two months ago now and since then Schroder have bought 2 percent so my my calculations the selling looks to be about finished. We will know when they are done as this will pop back to 60p quite easily imo, with some better forward guidance for H2 orders, strong 2019 order guidance and the announcement of profits and dividends on 30th April this will look incredibly cheap, how many companies have revenue of 100m, are strongly profitable, pay a dividend, have cash of over 8m, EDITBA of 6-7m, and the bod own 50 percent of the shares?? Very much looking forward to 30th April with all the bad news out of the way the only way is up imo DYOR

It’s crazy undervalued on a EDITBA of 6-7 million for 2018 alone! And if 2019 orders are looking strong then this will recover strongly from these oversold levels. The chart is looking good and ready for a breakout with the 30th April company update and forward guidance been the catalyst imo

After months of watching this I have finally bought in today, huge potential here after the big drop off and the large seller looks to be finally pretty much clear. We know 2018 will not meet its targets but those targets were anticipated when the share price Was north of 200p!! Update on the 30th April and if 2019 forecasts are good then we should see this back towards 100p levels especially with the tiny free float available now the seller is pretty much out. Profitable, huge revenue figures, tiny free float, directors own majority of the company and are fully locked in, cash of over 8 million, only takes a positive update for 2019 projected revenue and this will soar, not long to wait only 5 trading days until 30th April...

Let’s hope the Evg results later this year are better! Don’t fancy another 75 percent drop in share price on poor results! The constant drip feed of sells here is tiresome

Big selling before production figures is usually very telling I always find, watching with interest to see what the numbers are, hope I’m wrong and all is going ok

Number of big sells popping up, a problem with the Q1 production figures could half the share price very quickly imo as the mcap has priced in success. And in a country like Burundi success can not be guaranteed, be interesting to see the figures that’s for sure I would have thought they would have released them by now as they must be known! Will be very interested to see if they hit their targets with the mcap been so high already with no figures yet

Looks like a few 10p placing flippers taking a profit and selling this down, a shame as it was going well but after any big rise you have to get sellers it’s partnof the game

Agree once this becomes on ppls radar it is going to fly imo, world class partnerships, huge institutional support, big cash balances, debt free and a transformational news rich period ahead. Really is a sleeping giant

Fully agree with those sentiments this is a monster in the making imo especially from near all time low levels this has a long way to go, expect some strong buying this afternoon in anticipation the first big contract is key here to unlocking the huge potential value of this sleeping giant

Thanks, I think when the US markets open we could see some consistent strong buying. My personal opinion after watching this for years is that now is the time to take a position as everything looks to be finally coming together with some exciting developments ahead. The Red Rock contract will be the catalyst for a big re rate here imo and I am sure VLS will be wanting to get a further update out ASAP, the newsflow ahead is transformational and everything is in place for VLS to now flourish imo

It certainly looks like the pieces of the jigsaw are falling into place now, the potential of this company has never been in doubt but it’s ability to deliver looks to finally be happening, I have had this on my watch list for a long time and for me now is the time to be buying

When do you think they could announce the deal officially? It’s huge news that’s for sure to kick off the action here, it was the green light for me in terms of building a large position

Bought in here this morning, huge potential from these levels and a big rerate on the cards once news lands think we will see some big buying over the next few days

Is far too high and will not be sustained, mcap is way too high imo for a drug only slightly better than placebo the results were a disaster

What a load of rubbish, will be selling up here today after seeing those figures

Q1 figures were released on 10th April 2017 and 5th April in 2016 so I would say there is a delay based on previous Q1 figure dates

Very disappointed with the delayed results here

Thanks for letting me know mate, yes the twitter police are a disgrace it’s clearly run by a bunch of lefty jellies these days where nothing can be criticised anymore. It’s all about the production figure news now

It’s naive to post it on here when you are invested I think that’s what trade is saying, it has destroyed sentiment just as it was building and sentiment is what drives the price whether you like it or not.