Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Couldn’t find on HL or IG
Its seems as canceled deals for most of it. Debit/Credit at same time.
Remember 66% of shares are hold by directors and institutions so large sales are expected some times.
Yeah!! Exactly steady rise till early June then jump on result. The percentage of the issued share capital not held in public hands is 66.4% in which 36% are hold by Chairman and directors as i guess they are not planning to sell that cheap and specially Bion was restructured just last year so my best guess they are not selling till few years time.
So 34% left for us. Meaning Bion will get a very serious squeeze once results comes and confirmed revenue with good margins.
Now what matter for me is margin as revenue 100% will increase significantly in coming years specially once they charge full tariff as per previous RNS they are charging now discount tariff. Also revenue from 4500 solar units on buildings in which still not showing in 2020.
Add to revenue as this year £17m + normal growth + full tariff charges + Solar sales + and expand capacity by year end = revenue of 2021 might reach £50m.
Just added 25000 shares. Now I hold 2500000.
Just top up as much as you can. This will shoot on result. Specially if outlook for next year is positive.
Cash facilities with HSBC is good and they are cash generating company and profitable.
This is similar to EAAS , it was 6p for 8 months. They announced 300% revenue increase within 3 month shooted to 28p. So here 310% and good margin.
Looking for Another ITX here as well. Wish i can purchase 1 million shares here , but no funds.
From now till early June this will be around 5-6p and on result will be 10-12p i guess if we follow same pattern of EAAS and ITX
I think we will get an RNS soon of notification of results in which they mentioned specific date. If not no worries u will double your money in June.
Just relax and remember EAAS, they announce increasing of 300% revenue at 12p within a month went to 28p.
Exactly I have mentioned that only 34% of free float were left for us. Great
So summery of some key points of Bion.
- 34% free float. Tick
- 310% increase in recent to around £17m v £12m mcap. Tick
- They are selling electricity to Malaysia and Indonesia
- Just last RNS they confirmed that they are on 4500 solar unite as of now .. diversified portfolio into solar
- Great waste clean energy. Tick
- Profitable as per last interm results. Tick
- They have announced expanding into UK. Office area manager was appointed last Q. Tick
- Lmcap only £12m v £100m of any similar green Energy company. Tick
- Debts ratio has been reduced from 85% to 30%. Tick
- Facilities with HSBC bank loan to withdraw at any time of around £10m. Tick. Obviously need some cash of expanding later on.
- All time high was 10p , we are buying 3-5p now , 100% profit is achievable.
- They are planning to expand to UK and Europe. Tick
Do some research and invest here.
We don’t know as per company update in June. Lets say in 2 weeks time.
Re-rate on cards now.
Fully funded
New contract flows
New Product on lunch
Andrewukdealer why you sold your 166276 shares? Any reason. Just wait till june and double your profit
Lots of ppl were ciz og JS at first place
It will go down to 1.5p
Very good results and dividends. Im in
The total issued and outstanding number of shares is 431,719,765. There are no shares held in treasury.
The percentage of the issued share capital not held in public hands is 66.4%.
So imagine what could be sp price if the result is positive.
Shareholder Number of Ordinary Shares Percentage of Issued Ordinary Share Capital
K2M Ventures (1) 114,361,409 26.4
Syed Nazim bin Syed Faisal (2) 86,343,953 20.0
Serba Dinamik International Ltd (2) (3) 51,806,000 12.0
Serba Dinamik Group Berhad (2) (3) 34,537,581 8.0
MTDC 19,476,367 4.5
1 Mr. Habizan Rahman, Executive Director of BiON, is a Director of K2M Ventures and has agreed to purchase the shares of K2MV, completion of which is subject to certain conditions being finalised.
2 Serba Dinamik International and Serba Dinamik Group are both wholly-owned subsidiaries of Serba Dinamik Holdings Berhad and Tuan Syed Nazim, CEO and a Director of BiON, is an Executive Director of Serba Dinamik Holdings. Accordingly, these parties are considered a Concert Party under the City Code on Takeovers and Mergers.
3 Dato’ Karim, Non-executive Chairman of BiON, is the Managing Director, CEO and 21.7% shareholder in Serba Dinamik Holdings, of which Serba Dinamik International and Serba Dinamik Group are wholly-owned subsidiaries.
Last update: 22/2/2021
I highly value your input long term holder.
I invested here based on revenue 310% up which is no doubt is amazing and see good few bags on here. However, please if you have any idea of cash, how much seems they run out of cash. Also they mentioned HSBC drowning facility at any time.
They have mentioned that they not intend to dilute the share by placing.
So what is the cash position on here before i go big and pur more money on here?
Thank you
I don’t understand, I checked HL and Admission docs. The share price is 100p , but on here LSE is 3p ??
Any explanation?
Not what I expected. But great news.