Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
As at 30 June 2021, Sabien had cash in hand of £1.40m (2020: £0.78m).
Commenting on the 2021 financial year, Richard Parris, Chairman of Sabien, stated:
"The Board of Sabien faces an array of opportunities within its chosen market areas. In market capitalisation terms, Sabien is a small company listed on AIM. Executing an expansion strategy via acquisition can be challenging and expensive due to necessary market regulation. The Board will not be deterred by these challenges, and we are actively considering innovative structures within which to maximise the returns to shareholders as soon as possible while minimising execution expenses.
During the year under review, the Company has achieved already a number of key goals. From developing our core service, through strengthening the management team, to improving the Company's financial strength, the year to June 2021 has been one of progress. The Board looks forward to the coming year with considerable confidence. In addition to the number of exciting opportunities, several of which could come to fruition in the short to medium term, we are building a corporate structure which will ensure that this expansion delivers value to shareholders and maintains Sabien's ability to develop further. I look forward to reporting to shareholders in more detail in August."
In the first half of the 2021 financial year in comparison to the same period in the prior year, Sabien reported a near threefold increase in revenue and gross profit, substantially reducing the interim loss before tax and improving operational cash generation.
Strategically, the Company made an investment into Aeristech, a leading manufacturer of components for hydrogen fuel cells, secured a £400k contract with a UK Government department for the use of M2G technology, and formed a US subsidiary from which it will source US acquisition opportunities in addition to expanding the US market for Sabien's European products and services.
Since the publication of its interim results on 25 March 2021, the Company has made further considerable progress within its strategic development.
I will wait for the results and news but the last update for me was positive and I am surprised we are not trading at pre-consolidation levels at least, however, if you have a few quid in your back pocket you can do pretty much what you want with illiquid AIM stocks - like the recent seller. That asides, they have to buy them back and I for one will not be giving them an out on the way up.
They are pumping daily and have little influence IMO.
Like I said - when a buyer comes in the MM backs off. It is that simple.
Based on the update alone we should be at least pre-con' price going into the results.
DYOR
Let's not forget there are not that many shares in circulation so when a buyer does come in it takes very little for the price to jump. A jMM has been putting a lid on these for weeks and has done well to keep it below 20p - anyone giving up their holding at these levels could well regret it.
Holding and watching with interest.
Trading Update
Wed, 7th Jul 2021 07:00
RNS Number : 3698E
Sabien Technology Group PLC
07 July 2021
7 July 2021
Sabien Technology Group plc
("Sabien" or "the Company" or "the Group")
Trading Update
Sabien Technology Group plc (AIM:SNT), a company focused on building a portfolio of solutions in the heating, cooling, and transportation sectors, announces today a trading update ahead of the publication of its final results for the year ended 30 June 2021.
This trading update is published against a socio-economic background whose trends continue to support Sabien's strategic direction. As Governments in the US and Europe look to the post-COVID landscape, it is clear that changes in working locations, living conditions and transportation are all being actively accommodated. Extending its operations in and knowledge of the wider industrial heating markets, Sabien is actively pursuing targets within the non-refrigerant based cooling, battery recycling and reproduction, and waste to energy sectors together with a number of other "green energy" environmental opportunities in a variety of markets.
Sabien has raised £1.7m (gross) during the year to 30 June 2021. Through this financing, the Executive Chairman, Richard Parris, has further increased his position as a significant (10.3%) shareholder in the Company. Consistent with the strengthening of the Company's financial position, Sabien's issued shares were consolidated to provide a more representative basis for the Company's improved prospects. During this period, the Company exited the Reverse Take-Over (RTO) discussions with Ptarmigan Health Destinations and trading in its shares resumed on AIM.
In the first half of the 2021 financial year in comparison to the same period in the prior year, Sabien reported a near threefold increase in revenue and gross profit, substantially reducing the interim loss before tax and improving operational cash generation.
Strategically, the Company made an investment into Aeristech, a leading manufacturer of components for hydrogen fuel cells, secured a £400k contract with a UK Government department for the use of M2G technology, and formed a US subsidiary from which it will source US acquisition opportunities in addition to expanding the US market for Sabien's European products and services.
Since the publication of its interim results on 25 March 2021, the Company has made further considerable progress within its strategic development.
Operationally, Sabien has extended the application of its M2G technology with its Cloud-based subscription service now available across more than five sites within public sector, sports, and pharmaceutical manufacturing locations. Allied to this important development, Sabien has signed an agreement with Lockular to provide robust data security. Lockular's platform is agnostic as to which operations are contained on it and, as a result, this agreement provides scalability, Big Data collection and
More a case of a holder needing money. Poor selling IMO. 1.4m cash in hand. AIM share can be bullied, had to watch XPD trade 15p on nothing last year and then it rallied to 80p.
As I have said before, if you analyse every trade there is a higher chance of getting caught up in the noise and topping and tailing yourself. There may be no contract wins tomorrow, next week or even next month but on the other hand there may well be one tonight. Who knows? There are only 15 million shares out there. Put them in the drawer and do not give them away.
Of course. DYOR
------------------
In the first half of the 2021 financial year in comparison to the same period in the prior year, Sabien reported a near threefold increase in revenue and gross profit, substantially reducing the interim loss before tax and improving operational cash generation.
Strategically, the Company made an investment into Aeristech, a leading manufacturer of components for hydrogen fuel cells, secured a £400k contract with a UK Government department for the use of M2G technology, and formed a US subsidiary from which it will source US acquisition opportunities in addition to expanding the US market for Sabien's European products and services.
Since the publication of its interim results on 25 March 2021, the Company has made further considerable progress within its strategic development.
------------------
Oooh-you don’t like this share do you lol.
Well the RNS has perhaps put a marker down here and we start to tick up. It doesn’t take a lot to move this either way.
Best of luck all. There are far worst investments than this one.
When they do come to fruition it will be hard to pick any shares up. Ignore the noise - anyone can manipulate the SP when the volume is thin. I am confident as he says value will be delivered to shareholders. Have been trading AIM shares for years and had my fair share of dogs but this is not a dog especially at these levels. There is cash in the bank, skin in the game with a target of 60p for Parris to beat? It only takes £100 grand to move this 10 ticks. Be patient because if you analyse every trade it will drive you mad. My advise would be to put these in the drawer and do not give MM cheap stock down here as you may regret it.
Sabien Technology Group plc
("Sabien" or "the Company" or "the Group")
Trading Update
Sabien Technology Group plc (AIM:SNT), a company focused on building a portfolio of solutions in the heating, cooling, and transportation sectors, announces today a trading update ahead of the publication of its final results for the year ended 30 June 2021.
This trading update is published against a socio-economic background whose trends continue to support Sabien's strategic direction. As Governments in the US and Europe look to the post-COVID landscape, it is clear that changes in working locations, living conditions and transportation are all being actively accommodated. Extending its operations in and knowledge of the wider industrial heating markets, Sabien is actively pursuing targets within the non-refrigerant based cooling, battery recycling and reproduction, and waste to energy sectors together with a number of other "green energy" environmental opportunities in a variety of markets.
Sabien has raised £1.7m (gross) during the year to 30 June 2021. Through this financing, the Executive Chairman, Richard Parris, has further increased his position as a significant (10.3%) shareholder in the Company. Consistent with the strengthening of the Company's financial position, Sabien's issued shares were consolidated to provide a more representative basis for the Company's improved prospects. During this period, the Company exited the Reverse Take-Over (RTO) discussions with Ptarmigan Health Destinations and trading in its shares resumed on AIM.
In the first half of the 2021 financial year in comparison to the same period in the prior year, Sabien reported a near threefold increase in revenue and gross profit, substantially reducing the interim loss before tax and improving operational cash generation.
Strategically, the Company made an investment into Aeristech, a leading manufacturer of components for hydrogen fuel cells, secured a £400k contract with a UK Government department for the use of M2G technology, and formed a US subsidiary from which it will source US acquisition opportunities in addition to expanding the US market for Sabien's European products and services.
Since the publication of its interim results on 25 March 2021, the Company has made further considerable progress within its strategic development.
Operationally, Sabien has extended the application of its M2G technology with its Cloud-based subscription service now available across more than five sites within public sector, sports, and pharmaceutical manufacturing locations. Allied to this important development, Sabien has signed an agreement with Lockular to provide robust data security. Lockular's platform is agnostic as to which operations are contained on it and, as a result, this agreement provides scalability, Big Data collection and AI insights for further acquisitions which the Company may make, potentially decreasing the time required to generate value. In c
Failed to add down here on the close. Will be adding on the back of this very positive update if the market allows me.
Positioning themselves well to capitalise on a rapidly growing sector. There is a lot to like about this RNS.
Welcome aboard - another new appointment with the prof.
If they drop a bomb this could go to Murgatroyd - there are so little shares offered in this stock. Just a two-bit market maker, probably the junior with very little ammo who runs a mile when they get lifted.
Right sector. More of the right people. Encouraging and very very cheap to get in if you fancy this stock.
Sabien Technology Group PLC said Friday that it has appointed Tom Sprunt as managing director of its operating company Sabien Technology Ltd.
The company, which is focused on building a portfolio of solutions in the heating, cooling, and transportation sectors, said Mr. Sprunt has been operating as interim managing director for a number of months.
In addition, Sabien said its cloud-based subscription service has now gone live on more than five sites across the public sector, sports venues and pharmaceutical manufacturing facilities.
Shares at 1021 GMT were up 8.5% at 25.50 pence.
Let the MM manipulate it - give a novice 50 grand and they could do it on this volume.
MM are short - they have a few now to buy back. Any paper comes in they can't give this stock any volume on the offer. Good news, blink and we are 40p+.
You don't bring in a Chief of Science to make tea - he appears well connected too.
I am confident holding here and certainly won't be giving any scumbag MM my stock at these ridiculously low levels.
The top man needs this to trade 60p to cash in - I am certain he will make it happen.
Can see this moving up over the next few weeks.
Have a great weekend all.
I’ll let the market makers and the ‘big’ fish in a small pond put a lid on it. Anyone could do what they are doing with the change in their back pockets, big deal! It’s a dangerous game to play. A contract win may be around the corner and with only 15million shares out there and a measly market cap this will shoot up on no volume. Been there, seen it, done it with AIM shares like this so so many times. At these levels and amount invested by the top BOD I’m happy to to let this play out.