Member Info for Korg

They have reduced head count, business confidence is picking up, which provides opertunity to cross sell (the voip market is gaining momentum generally - coms do voip too by the way), cloud facilities are replacing traditional onsite servers etc, and security is still a big revenue generator. Don't know if they are doing the commonwealth games, but with virgin media they could be assisting in more festival live events etc.

"the Board embarked on a strategic review of the Group and has taken robust actions to reduce on-going costs in recent months. As a result, the Group is now trading close to EBITDA breakeven on a monthly basis." The new CEO, has probably improved on this. The sales force, with gyuidance, should have pulled in new business too. If not get rid of them, and Pinn go positive EBITDA .

Yes, a fact that they are now cheaper to buy, cheeper than all the director purchases @9.75p! So go and buy cheaper than the directors!

That's it jolly, add in more improvements and some cross selling and that will be. VAST improvement. So look good on a turnover to map ratio. Like I say look at the new CEOs cv. You'll spot some good qualifications.

Read the last update, they have been operating at breakeven since then, and are improving. Bonner has stepped down and replaced by ex virgin media. Good credentials too, look up his cv.

A small operating profit here, and you double your money. Good luck with coms though. Atb

10 mil repeat revenue for a 3 mil market cap. Growth expected by cross selling and cost cuttings, plus a new ceo, ex virgin media, looks like a good deal IMO. Some people sell then regret. Coms do pretty much the same as pinn, but coms turned over just 1.5 mil and have a 60 mil mcap.coms still overvalued. I think your better buying more pinn IMO.

10 mil repeat revenue for a 3 mil market cap. Growth expected by cross selling and cost cuttings, plus a new ceo, ex virgin media, looks like a good deal IMO. Some people sell then regret. Come do pretty much the same as p inn, but they turned over just 1.5 mil and have a 60 mil mcap.come still overvalued. I think your better buying more pinn IMO.

Weak/panic sellers corpse, 3mill market cap looks a good buy imo. Added large to my small holding!

On the payroll for a quick payotff after they sell off?

My guess the bidders are coming from china.. china seem to buying up western companies, most recently house of fraser. Pay good money too before it had a chance to go to IPO. If a bidding war errûpts you might get over 10p Sam.

Not happy with 10p, I'm here for the full turnaround, and the new buyers obviously see potential. The CheckIt device/system has to worth market cap alone imo. In this rising market they have to make a swift decisive offer, it does at least say THIS company is worth more than it is currently to shareholders, creditors and bidders. Sorry to hear your down, hope you make some back pretty quick off of this offer.

Thought something was going on, and someone always knows somthing. This is going to be an easy turnaround for new management.. I'd have thought 10p per share was a fair offer.

are mm's looking for stock or big order to fill? price marked up on last 3 buys. Somethings due.

Also been a few board changes. A good board can make all the difference, look at thomas cook, 10 bagged in 12 months with new blood on board. I'll keep adding if I can while its under the radar

Not too many stocks like this around, good recovery potential after a much needed restructure. Sect looks to doing ok, component companies are seeing increased demand. When Mario utters "What ever it takes", the markets get a cosy warm feel!

Buying ahead of results and a better 2nd half and 2014 outlook. Euro stimulus ready to kick in if needed. Last director buy at 10p makes this look undervalued.

Looks like a Breakout from the lows. Some decent trades going through too. News due?

2ergo Limited (the "Subsidiary") & podifi will be sold to eagle eye (including 2ergo Limited's debt), 2ergo plc will then become broca plc. Broca, the new named company, will recieve £4.75 million and become an investment company focusing on tech companies. Their first effective investment will be in eagle eye (6%), and Broca will have a further £2 million+ to invest, and no possibly no debt. as i see it

They have chosen the right area to focus on. Plenty of new startups around (the leasing of new office space is primarily in the TMT sector) blue sky growth, and the UK is the second best place for talent. The old business model relied on one technology, now they can pick and choose.