Member Info for Harry34

LSE showing 18p! Sadly my HL ISA doesn;t show the same 600% plus increase! a glitch, but boy did it get me excited for a while!

10 days to go before deadline for a deal to be announced. This is one tight ship. Hardly any SP movement at all since the approach was first announced. I'm hoping for £1, or would far rather the bid was rejected and management got back to building the business

not all companies RNS an AGM statement, but FOX usually do. Therefore I expect a reasonably thorough update tomorrow morning. News of the factory likely, and would be great if there was further progress on sales

nice rise after results. Think the company is up for sale judging by the slightly cryptic comments in the prelim results. Great business, and well done to management

seem to have sold their entire share for a 6% loss (ignoring currency fluctuations either way). But this cash, plus the accelerated book-build of last month gives them plenty of fire-power!

is double what they were expecting at year end. Sept update also spoke of significant 2014 contract work being pushed into 2015, so hopefully that will fuel the progress their talking about

No real issue for me. These roll outs are complicated and the customer wants to get it right. Hopefully the effort they are putting into testing is directly proportional to the fee they are paying MIRA!

to be fair to them they have probably only just got the results of the forensic fire analysis, and an agreed schedule of works to restore the facility. This is obviously a major incident, and it seems they are essentially rebuilding the facility over the next 12 months. Lets hope the business interruption insurance is as comprehensive as they say it is, but this will be a colossal drain on management time and must have an effect on future trading as customers go elsewhere and management have to focus on rebuilding - rather than growing - the business. Very unlucky for all concerned. I'm just relieved there wasn't another heavy SP fall this morning. I'm also heavily invested in HYR which also suffered a major fire which has put the business back at least 18 months!

this might lead to another special dividend, or return of capital, of 5p or so. However most important is news on current trading, and whether they are managing to sell wafers at greater than cost. Still think has the potential for a significant rebound - although I am 85% down, so I could be deluding myself!

Is the Tier 1 contract signed and sealed - and the one that will supposedly bring in revenues that exceed their entire turnover to date? Or is it still in a trial stage, and possibly subject to (in the worst case) cancellation, delay, or downgrading? I'm struggling to work that out from the RNS today. Any help would be appreciated. I'm very happy to continue holding, as I bought in at 8.9p some time ago

sorry, make that 18p to 20p!

with the current $to£ exchange rate 50% of free cashflow based on 2013 earnings should be a minimum of 10p per share.

not a great sign that they had to pay their suppliers in newly issued shares. Getting a sinking feeling about this company, sadly

thanks El1te and Earlsfield - very helpful. I'm certainly happy to continue holding.

O.K - please can someone offer an explanation for how this can fall 6% when they have more than doubled their dividend?! Baffled!

news of a contract with Vedanta. Only a small one for a single site, but this is a global mining company, and could be the start of a bigger supplier relationship with them. More good news

I bought in at 46p, and then doubled my investment, after the half-year report, once it got back down to 52p. I was very unimpressed to see the RNS half-way through the day, and must admit I assumed it would be a profit warning - why not issue it at 7am? Anyway, needless to say I am very happy with the results, and think this one has further to rise. If they can make about £1m pre-tax profit this year then, with the cash in the bank, it will have a historic P/E of about 6.

25p more and Mr Olliff can start selling some of his shares!

the news stories and case studies come thick and fast. The Birmingham airport case study is fantastic, with the customer clearly happy to state publicly that they recouped the investment they made in the new cameras and software in 9 months. I think we will see very strong second interim results in due course. well done all at IND!

slow sales (and corresponding cash burn) definitely a concern. But I also agree that the fact the placing is at 18p is quite positive. However the majority of it will be spent on running costs. The minority is on the new quarries and associated licences.