Member Info for Kabaa

If you look at transactions and client accounts set up and compare them with the several previous RNS, the growth is huge for this quarter Should fly past 2p very quickly. I was a little worried about this RTO deal but it is actually looking pretty good.

10m buy there and they keep the price low and delay the buy for 2-3days. Unbelievable.

MyFairLady, I assume you are talking of the operating profit fall - Well yes, this is suprising considering it is supposed to be a growth company. I am just hoping this fall is due to one off admin expenses for the past year. You are right about the aim costs, I didn't think of that. That could shave a good £100k from the yearly profit. The dividend is odd, if it is such an amazing growth company, the last thing we want is a 50% dividend. There are quite a few things about this company I am really scratching my head about. I just hope the people that invested £1.7m in the placing were serious investors who did their homework and who are seeing value here that we are not! The only thing I am guessing is as their revenue is increasing very sharply, perhaps they will be able to keep costs low in the future, then operating profit will increase much faster. Hopefully GIS June quarter update will be released in a couple of weeks.

Where is MyFairLady? Be good to see what she thinks of the GIS results. The only good thing I see here is 1. We have a lot of OCT losses to carry forward for future tax write-offs 2. Good increase in Cashflow 3. Strong revenue increase Other than that, I can't see anything that interesting in these results. DL did seem to tweet a hint towards June15 quarter results for GIS being good a while ago.

David Lenigas tweets ''Great day for OCT today, GIS is a serious money making machine.'' Meanwhile, the OCT shareprice sits on it's all time low. You have to laugh.

Who will be voting on the GIS takeover. Do they not need 75% approval from shareholders? Will we be actually trading as GIS on Tuesday? I expect we will get the latest GIS results tomorrow/Tuesday too. Could be interesting....

Thank you MFL - Yes I got confused there.

I see what you mean Myfairlady, but what I was getting at is old OCT shareholders are getting an extra slug of GIS in exchange for the RTO. Considering old GIS shareholders will have 61.4% of the company, I assume old OCT shareholders will get the other 38%. 38% of £11.2m = about 0.354p/share in todays money - What do you think? Or am I barking up the wrong tree?

Were wrong yesterday. If Expected market cap on opening is £11.2m - this is equivalent to 0.354p per share?

It depends what p/e you are using tintin. If this grows as fast as David Lenigas is suggesting, we could see p/e's of 30-40 very quickly and it will blast above the figures you are suggesting. However if it stagnates at 450-500k/year, I can see this being a very poor deal and shareholders losing badly from here. Also if you are right on the profit of £562k, that will prove this co. is growing not just in revenue. DL seems keen on the upcoming June Quarter also. We don't currently have many solid figures to rely on and can just hope what DL is tweeting and the previous GIS updates are not just fluff. If he is to be believed then I can see this as a multibagger and a very solid company to be in long-term. If GIS grows at say 20%/year (which by the look of Dave's excitement/tweets might be likely) then compound that over 10 years = a profit of £3m/year. Put that on a forward p/e of 16 and this could be valued at 1.25p+ in old money. It may even grow faster than that after being publicly listed. All we need to see is a strong trend in growth for a few more quarters, then the market could kick off massively to the upside. Not trying to ramp/deramp, I genuinely don’t have a clue where this is going and am excited to see the next couple of GIS updates, as I believe these will be crucial for deciding the trend of the sp in the coming years…..

I do feel more confident now that DL has publicly said that i am an idiot. Hopefully he is right and this will go up from here. I see the revenue is growing fast, but want to see a nice profit for the 6 months to March 2015 (we don't have these figures available yet - hopefully soon?....if these are good and are more than 250k profit, i'll agree this has very high potential) From his tweet, he sounds confident the June quarter will also be good. If he's right, this could be a real winner.... I'm quite surprised a company like this has received almost zero press coverage. Even this forum is dead. Perhaps that is a good sign we might be into a good thing early.... Very excited on the next few updates, hopefully over the next month....

Does anyone have any analysis of whether OCT is proposing a good deal for shareholders here? I have done my own analysis but we are still missing many bits of info. I personally feel GIS will do very well in the coming years, but OCT may be overpaying for GIS. Anyone else got any thoughts on this?

Beginning of July will be big imo. Will be a firm profit making, divi paying (probably this year) company with 10* the market cap and liquidity, low spread and institutional investment will be allowed to get involved. Before we just had a shell with a small investment in GIS, now we will become GIS. This is not your average aim pump and dump where you hope to get a mug spike so you can get out, this is a genuine investment in a profit making, growth company that is about to go public that will likely have a steady uptrend, especially after the deal is done. imho. It wont be too exciting day to day but this is the type of share you sit on, that's why DL is talking about having it for his grandchildren. People have just been sick of this for the last year and have probably sold into the spike. (A huge mistake as this has just been massively de-risked) BWDIK!

Dani, you are clearly a day trader who has just bought in today looking for a quick profit. There are only 3 market makers hence the 20% spread. This is not a good candidate for day trading due to this. If you want to make some money, sit on your hands for a couple of weeks and wait till the deal is done. In the meantime, please button it, as you know nothing about this company.

I've just had a look at discuss the market.com - looks like all posts from iii and lse show up there. Anyone know how we get updates in this share? Anyone signed up to that capita thing yet to see prices offered/bid?

Good idea, would be good if someone knows a board that is very rarely posted on at all. Perhaps a company with a tiny market cap. Then we can post on that. PLMO is very quiet but probably not quiet enough. I guess this forum will disappear on Monday/Tueday when OPE delists. I'm off out now - will have a look later if there is more interest....

I am going to hold beyond Monday as I think there is a chance this wont go bust after delisting. Does anyone think it might be a good idea for holders to keep intouch? This forum will likely be deleted soon. Perhaps if a few of us keep in contact, we might be able to put pressure on the company to not get shafted so much.?

Are they allowed to do that straight away though? It's not very clear what the terms are for Ashok loaning this money to the company.

I understand that some of the bigger debts on the company expire in June 2015 from Ashok. It seems a bit suspicious that the stock will be delisted at that same time. Can Ashok call it's debts in and take over the company for next to zero pence? Why would they renew these debts?

This is taken from the half yearly report on 18Dec less than 5 months ago. '''The Company anticipates that trading will remain difficult in the short term, but with a full product range to offer to the UK market, higher base volumes from the major groups and conversion of more export tenders, the future looks bright for the Company.'''