Member Info for John21

£6 million market cap and 72 million shares in issue. $37m spent on Infrastructure Flow results coming.

CITYFIBRE INFRASTRUCTURE HOLDINGS PLC ('CityFibre' or the 'Group' or the 'Company') MAJOR PSN CONTRACT WIN CityFibre signs 19 year framework agreement with Commsworld for Glasgow City Council CityFibre (AIM: CITY), a leading designer, builder, operator and owner of fibre optic infrastructure in UK towns and cities, is pleased to announce its largest public sector award to date, extending its existing Gigabit City network in Glasgow to 506 Glasgow City Council ('GCC') owned sites in an agreement with a lifetime value of £15.7m over 19 years. The initial seven-year term carries a minimum initial contract value ('ICV') of £6.4m, with options to extend to a maximum of 19 years, and will be delivered in conjunction with national telecommunications provider Commsworld. The deal represents CityFibre's largest project to date and the largest UK public services metro network award in 2017. The construction of an additional 243km of new core network infrastructure will be required to connect the 506 sites across the GCC estate, along with 15 BT exchange-to-exchange links.  This will supplement the 50km of existing core metro infrastructure in Central Glasgow built to satisfy existing contracts with HighNet, Capita and Commsworld in the enterprise and public sector market verticals. The combined network, designed and deployed under CityFibre's Well Planned City methodology, will provide the backbone for transformative digital initiatives across further enterprise FTTP, as well as FTTT for mobile operators, and lay the groundwork for a potential extensive FTTH build across the city in future. Key sites to benefit from CityFibre's investment will include schools, libraries, leisure centres, arts venues and council offices. The network will also be open to CityFibre's 1500 ISP channel partners to provide next generation connectivity to over 17,000 businesses throughout the city. Greg Mesch, CEO of CityFibre, commented: "This award demonstrates the potential for forward-thinking local authorities to attract the private investment in their digital infrastructure that is so critical to their future success.  "The city's full-fibre spine will be built with the future in mind, capable of supporting 5G mobile networks and laying the ground-work for an inevitable roll-out of fibre to every home and business in the city. "Following on the heels of our recent contract win in Aberdeen, today's agreement marks a strong end to a very eventful year for CityFibre and again underlines the ongoing robust demand from the public sector for world-class digital infrastructure to enhance economic development and competitiveness. "This will be the largest public-sector project in our history and makes us the leading digital infrastructure provider to the public sector in Scotland. We look forward to working with our partners, Commsworld and C

He is putting shares he owns against a loan. No difference to a home owner putting there home against a mortgage / loan. The lender obviously trusts the shares.

He could have raised the £300k by selling them on here. But doesn't want to part with the shares.

All he wants to do is raise £300k short term. The shares are not going to be sold.

Our Ceo will have received about £300k in divis. He will be able to pay it all back on the next divi payout.The share is rising due to reinvestment's. Oct will be starting a 28 million share buy back soon.

My divi has not yet to hit my account. Looking forward to reinvesting it here.

Good buying now. This should be 6p all day long.

This sp is so under valued. Since the £560k payout in dividend was announced oct will have nearly put that amount back in the bank with profits.

I am expecting mine about lunch time today.

I fully agree Steven. Volume is starting to pick up. There could be a few dividends reinvested in OCT tomorrow.

Divi pay day on friday. A good time to buy now while its quiet as volume should be increasing come friday.

AGM 7.1 The maximum number of shares to be repurchased shall be 28,111,344 shares representing the nominal value of 5% of companies issued ordinary share capital at the end of this notice. https://beta.companieshouse.gov.uk/company/06214926/filing-history/QTZHMzdMRE5hZGlxemtjeA/document?format=pdf&download=0

It is a great time to buy back those shares. They would get lots at this price. Sorry rig post. wrong board.

Mobilisation of Workover Rig to Dino-2 Well. Keep it still. You might get a better well seal.

Time to buy with the re investment of dividends and company share buy backs.

Oct investers will soon have over £500k shared out. A portion of this could be reinvested.

Theanalyzer - Does the PE manage to include the �5,3m in cash? This is about 1/3rd of our market cap.

The interim dividend being paid out in December is a 3% yeld. A final dividend is a lot higher.

�16m market cap and �5.3m (and growing) in cash (no debt) . Oct could nearly by back 1/3 of the shares or pay a 1p dividend. This is very under valued.