Member Info for KaChing

having no positive affect as yet

.

More selling, could be a cash call coming or maybe it’s the ex CEO unloading his 9p options!

my current view is don't touch it

Irish buyers

they need to raise money and today's news certainly doesn't add any ...... not yet anyway

Mind you there is news on VENN available in Irish publications, so maybe a little PR may boost the sp out of it's range Irish Times http://www.irishtimes.com/business/health-pharma/venn-life-sciences-signs-contracts-worth-over-3-4m-1.2493714

"what affect" that should be

to see what if any the Irish listing has on the SP

Very nice! Speaking about the agreement, Venn CEO, Tony Richardson stated: "During 2015, I commented that executing our work to a consistent high standard would bring significant rewards and I am delighted to be able to show the concrete evidence of this. This is the second extension of what is a complex international programme and this endorsement is well deserved by our team. It is particularly pleasing to win this business at the commencement of the new year. 2015 was a year of significant growth at Venn and new business wins of this magnitude will enable us to continue expanding our business."

This is a rare company on the AIM as it does seem to actually be looking to grow and make profits as opposed to so many companies that just talk the talk year after year with placing after placing to pay the salaries. Revenue has doubled year on year (over the last two years) and now they are generating free cash which is a novelty for a company on the AIM Looking forward to reading the results and seeing more contracts signed throughout 2016 Back to sleep.

http://www.proactiveinvestors.co.uk/companies/stocktube/4535/rame-energy-cfo-says-chile-strategy-working-after-first-wind-project-sale-4535.html

Current assets £8,228m Current Liabilities £11,153m …. that’s a negative of £2.9m compared to a positive of £2.2m twelve months ago, how are they funding that whole, it won’t all come from the invoice discounting facility They burned through £1.1m in cash in the second half of the year, on that burn rate they must be nearly out of cash 51% rise in revenue saw no growth in gross profit yet they say the margin has improved, no it hasn’t it’s declined Minimise Energy takes most of the blame yet around £5m of the increase in liabilities came from the Green Compliance acquisition (Minimise Water) and on a like for like basis revenue from Green Compliance saw a decrease from £8.1m to £7.76m Receivables and discounting facility figures point to customers not paying quick enough and the huge increase in Payables points to APC not paying their suppliers in good time. On the plus side the Distribution part of APC underpins today’s sp and an apparent operating profit of the the Water division bolsters that further. But my problem with APC is still the cash generation, profit is great but it doesn’t mean a thing if they can’t convert it into cash

I know I’m not the sharpest tool in the box but can someone explain how they see gross margins improving, 51% increase in profit and a flatlining gross profit is not an improvement in my head “Group revenue for the financial year was £31,069,000 (2014: £20,634,000). Gross margins improved, resulting in a gross profit of £7,813,000 for the year compared with £7,558,000 in 2014.”

Nicely, free cash too ...... slow and steady

Ok, so you are expecting them to be better than the end of year trading update, interesting.

Are you expecting the results to be good?

£1.15m+ orders in the first 4 to 5 months of the financial year is pretty poor, it’s giving the sp a boost though just before the poor results are about to land Wonder how the cash and debt pile is doing? we’ll see soon enough

Yes, money in and they must of got a decent price per MW on a total enterprise metric to come away with a 50% gain on investment

Cheers ..... all the best to you too.