Well let's see what they generate over the next few months. New directors and backers. Expect Hawk to add and new CEO. Expect options to incentivise. My watchlist for this month. Strong buy
Turnaround here is just commencing. I expect the CEO to go and Hawk to ring the changes (sig shareholders updated on website today) Another £150k for Feb if reported early March and all of sudden we would be talking c. £2m turnovor pa.and thoroughly decent proiftable business. Expect to Hawk to add up to 30% shortly.
Looks like the sp was dropped this week to a level (33-35p) where a buyer could be found for the overhang of stock that has existed for some time. The rise to 80p + off the back of the Mears rns and more contract wins last year was stymied by the seller. With the overhang cleared and an encouraging trading statement for positive earnings in 19 due in January this should recover well north of 80p and subject to perormance confirmation as the progresses may well prove to be a solid growth company again paying a decent dividend. Still early days in turnaround and always possible that the recovery of the business happens too slowly leading to short term cash issues.
Very interesting analysis of things Ironic. Had you dowm as staightforward ramper but now persuaded otherwise 10 bagger possible here and more., imho, dyor, nvng (nothing, ventured, nothing, gained).
IMO, the market is beginnig to price for a no more horrors..steady as she goes...long road ahead ...but should see improved prospects for H219 and beyond, type update.
Looking like another decent blue day. Trading update should allude to contiued revenue growith in excexx of £100m for 2019. Fair value could well be £4 overnight.
Engage ipo or trade sale should mean our investment would value up around £3m and lead to a one bagger overnight. Ukog kl4 reults will also do the trick quick re.rate due here and keen to see the q4 update.