Member Info for guldfingarz1

As a result of these factors, the Directors now expect to report revenue materially below that recorded last year. In addition, since a proportion of the revenue shortfall related to performance fees, which achieve a higher margin, the operating profitability will be significantly reduced from last year's level. Investors should also note that the Company will incur a non-recurring charge to profits of approximately £350,000 from the aborted acquisition during the financial year. Despite the significant revenue shortfall in the final quarter, the Company had cash of £5.3 million at 31 March 2012 Notwithstanding the reduced profitability the Board remains confident of GEONG's business model and its potential. The Company is still getting new IaaS clients in its core markets and new industries with two strategic partners, and has not lost any IaaS clients during the quarter and its business partner has not moved any business to the Company's competitors. Indeed, the SaaS business gained 2 new SaaS clients during the final quarter of the financial year, a total of 16 SaaS clients during the year and is in current negotiations with another 5 potential new SaaS clients.

Absolute bargain here. Had rises only last week of 95%..Roll on RNS...

I can never understand how this s.p is so low as it should reflect company value.. S.P value is £1.37m but we have cash around 4m plus a few debts but turnover of around 9m and profits around 3-4m. I remember this dropping due to contract issues and drop in profit.

I've just topped up and that has gone through as a sell..Roll on may results..Can't be many shares in GNG floating about now..

Financial Highlights -Turnover £4.3 million (H1 2011/12: £4.7 million) -Gross margin53.5% (H1 2011/12: 50.6%) -Profit before tax £0.16 million (H1 2011/12: £0.71 million) -Basic earnings per share 0.19 pence (H1 2011/12: 1.16 pence) -Fully diluted earnings per share 0.19 pence (H1 2011/12: 1.16 pence) -Trade receivables £19.8 million (At 31 March 2012:£18.9 million) including accrued income of £15.5 million (At 31 March 2012: £14.7 million) -Gross cash £4.0 million (At 31 March 2012:£5.3 million) -Order book £11.5 million (At 31 March 2012: £11.0 million) including £4.5 million for delivery in H2

Should see some nice rises today on the back of strong buying pressure. I can see us sitting at least 7p by mid week.. GLA..

Sit tight and top up, we had an 80% rise today just on buying pressure, imagine when the rns is released...Lots of day traders in and out today GL...Just a couple of months left until double figures, remember there are very few GNG Shares about, and when this does rise all hell breaks loose..

Always a 3 stage rise with GNG resistance now @ 5.15 check out previous charts..Should se a steady rise to 8p by end of next week..GLA

Check my posts Been here for a year. Gng always hits 7p with no news.

15-18p by may...Company has always performed well, they seems to have weathered the slow down well, drop last year due to delay in contracts and costs regarding other issues which resulted in a low than expected profits..plus the delay in the new saas clients..I can assume that the new contracts are online and producing as we'll as no other external costs/delays..Def been good trading as the debt was managed efficiently plus the fact company has market cap of 1.6m to a cash balance of over £4m..And as there are very few shares in issue any big buys sees rises of double figures every time..Look at past charts 4p to 7p in a day on spec and buying pressure..Sit tight until 20+. It will get there..

Exactly as I predicted back on the 18th march...Now we just sit back and wait for the trading volumes..Very few shares out there and any big chunk buy will see a dramatic rise..New saas contracts we due on line this time last year so if on line and producing should be back in the mid 20,s by may update..GLA..

Key Dates Year End: 31 March, 2013 Half Year End: 30 September, 2012 Interim Results: 5 December, 2012 FY2013 Full-year Results: July 2013 AGM Date: September 2013

Fantastic opportunity to double up at these levels...Some news 7p level news to 2012 (as predicted) 11p, good trading 14p, new contacts have come online and hitting targets 20p +...GLA..

Geong International (LON:GNG) is confident its 2013 full year results will be in line with the previous year's as its customer base expands The software firm had cash as at September 30 of £4 million, with an order book on the same date of £11.5 million, it said in a trading update. That compares with a net cash balance of £2.2 million on August 31 this year. Since July this year, when it released full year figures, Geong said economic conditions had remained "stagnant" and thus it expects to report revenues for the six months to September 30 slightly below the corresponding period of last year. However, margins are expected to be broadly in line with last year. The firm also said it had continued to gain new contracts and had won four new customers in the IaaS (information as a service) division and generating two new contracts in the SaaS (software as a service) division since the beginning of the year. The value of the new business won during this period is around of £1.1 million - which will contribute to earnings in the second half. Geong also revealed that it has recently started talks with a number of major computer companies to strengthen ties and sees further opportunities in coming months. During the period, the firm has continued to invest in R&D on its Smart Internet Platform and has been developing a new Enterprises' Social Business Platform, which will be launched in the middle of next month, it said.

Due a trading statement any time now..I expect it within the next 4 weeks

Wel its been a long wait and GNG time is nearly upon us, the way i see it as an investor, good news of any type 15p+ same interim results as last year 11p bad news 3p, either way its a buy either topping up when it drops or buying on the rise, still good trading and cash in the bank, if new contracts sas have come online then back to the 20's...Exciting times..GLA..

  -Turnover £4.3 million (H1 2011/12: £4.7 million) -Gross margin53.5% (H1 2011/12: 50.6%) -Profit before tax £0.16 million (H1 2011/12: £0.71 million) -Basic earnings per share 0.19 pence (H1 2011/12: 1.16 pence) -Fully diluted earnings per share 0.19 pence (H1 2011/12: 1.16 pence) -Trade receivables £19.8 million (At 31 March 2012:£18.9 million) including accrued income of £15.5 million (At 31 March 2012: £14.7 million) -Gross cash £4.0 million (At 31 March 2012:£5.3 million)  -Order book £11.5 million (At 31 March 2012: £11.0 million) including £4.5 million for delivery in H2  

http://www.geong.com/Info/826505

Hi m8, GNG is a funny old share it will shoot up without any news, due to the very low levels of stock, as far as the company stands it dropped from 20p to 12p then down to these levels only through lower than expected trading..The company has strong presence and good order books with new contracts coming online, also a nice bank balance..it's dipped from 7p down to where we are now due to a late payment on a loan in Jan..Trading results are due soon and any rise will see the S.P jump into double figures but I think we are in the low regions and can only go up..it's just a matter of time, as it's not an aim oilly most traders won't touch but ive been in for a while and have confidence in the company, with china booming again good returns and an s.p of 11-15p at march is not too much of a prediction..

We should be seeing some nice rises soon with a bit of end of year news.. Still trading well..GLA