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http://www.britishbulls.com/StockPage.asp?CompanyTicker=GNG&MarketTicker=Technology&TYP=S
Due to the very low amount of shares in issue I think demand will outstrip supply very soon..think we will see the tempting S.P variations to tempt some sells before news before a sharp rise in the S.P. We should be in double figures very soon which will still be below average for GNG.. IMO..
BOOOOOM ! 7.25 +0.80 (10.00%)... Okay not quite a boom but when it's been so quiet for so long, everything seems louder.
Dont be suckered in to selling due to a long wait..This share will be back in double figures by march.. If the new contracts have been gained then easily back in the 20's.. Def double figures by march.. Sit tight and wait..
GEONG International Limited (AIM: GNG), a leading internet software solutions provider and operator for large enterprises in China is pleased to provide the following update on its current trading. Since the announcement of the 2012 full year results economic conditions have remained stagnant due to the uncertainty in European markets and a general slow down in investment activities in China. As a consequence, the Company expects to report revenues for the six months ended 30 September 2012 slightly below the corresponding period of last year. However, margins have remained broadly in line with last year. The Company has continued to gain new contracts, winning four new customers in the IaaS division and generating two new contracts in the SaaS division since the beginning of the year. This takes the number of SaaS clients to 20 and increases the level of regular revenue. The value of the new business won during the period is in the order of GBP1.1 million, part of which will contribute to earnings in the second half of the year.
I actually think the tide is turning for GNG. They basically GNG have not put a foot wrong, down on overall sales by single figure %. Still got good cash in the bank and a fantastic trading with good strong companies. Excellent stratagems in a very good market, new contracts and tenders in the pipeline. Any News however small on the positive side will send this share back to 20 which was the lower s.p trading before the drop to these levels.. Above is a snippet fron GNG this year.. IMO. GL ALL.
Gng back in double figures by march. Topping up and small rises until RNS Good RNS = 20+. Def contender for 10-20% short term gains.
Hi m8. I'm averaging down to 5-6 now. The last rise was purely on the back of a rns potential release. Good points are. They are trading same as 2010. Still good cash balance. I am very confident this will be back in double figures by march. Any news of new contracts and were back in the 20's. Patient. Top up. Sell. That's all thats required with GNG
Hi m8. GNG Will come good. It's all done to nothing exciting in the results..still cash in the bank and operating on a good level..any good rns and this will be in the 20's..Any news regarding new contracts..well who knows..March will see the next rise..Just top up and average down ready for the rise..
Still topping up...The only way is up from here on in..
Due to the lack of any info and very poor judgment of accounts this is will be a march special now,
News due wed/thurs...Should be back in the 12's by friday..Long Long wait but worth it..
As predicted the rise is coming. All good from inside. Should see at least 14 by Friday, some good IBM and oracle commitments coming through. I'm thinking 20's on the back of any positive release as good contracts and capital has always been solid. Def a struggle topping up at present with buys over £kk's...
Check my post 3 months ago..just wait for sept to get back up to 12p poss 18p on the back of a good post.. Absolutely nothing wrong here. Good orders, 4 mil cash in the bank..been topping up for months..
Ive been topping up here for quite a while and every time my buys are on as sells, Very strange, Anyway only a few more months before we get that CASH Statement..Well above share value..Will be back up to mid 10's..IMO.. Def watching paint dry is more fun!!!
Im happy just topping up at this level, will pop in july when the new orders are released, hopefully not too soon as i want more at this price..
Evolution reckons GEONG, is undervalued and has set a 50 pence price target on the shares, which is still 35 per cent below the company’s historic PE ratio of 13.2 times since its 2006 IPO. The expanding China-focused internet software company has a 200-strong blue-chip clients, and in IBM and Oracle, two top-notch industry partners. In July Social Networking 2.0 will be rolled out as a cloud computing solution with five applications. The idea is to create higher barriers of entry to competitors.
Cash balance ok. When euro issues sorted this will pop back up to mid 15+...New contract announcement in June..excellent value for reducing average...