RE: Price rising before next week's AGM24 Apr 2017 20:39
Hi Rivaldo, always nice to read your comments aswell as others. I always believe that cash is king, but I think in this fast ever moving technology age if you don't have the funds for R & D which can be expensive , then you should utilise the cash you have to purchase other businesses to expand your own otherwise in my view you get taken out cheaply. This company is doing well and I hope that they do not declare any dividends yet on the agm. I'd rather prefer another contract announcement which seems to be the primary driver for the share price as they were in discussions with both new on existing clients of which 1 new client has been mentioned in the last contract. I have no experience in technology as such as I worked for a company which used to manufacture high end promotion outerwear for companies such as Aston Martin, Jaguar, Range Rover, and Mitsubhishi and others. Sadly, most of that work went abroad some years ago and the company had to scale back to survive. In the end it didn't. If the company had expanded by providing more services in-house i'm sure it would have survived rather than just manufacturing. Petards is a small company, your right, but it needs to do something to get it more noticed. I'm hoping that this company does not get taken out like 32Red did, that P*?"@$ me off. Same goes for DPP. Lets see what happens at the agm.