Dr they havn't said that they are going to be worse.. we are currently trading at half of cash ... do you not think based on the results this is already undervalued as it is .. 1.8 million mcap?
Small profit, with 3.6 million in the bank and a 1.8 million market cap?.. I don't know what are you missing?.. last year was loss making for a start .. this was always set to recover in line with chinas micro economics
No worries mate... Results out on Tuesday, any improvement on previous years could easy see us into double figures IMO, no guarantees mate but with such a low Mcap well worth having a few in.. Last year we topped 11p on results
What if there has been a massive improvement on amount collected by way of trade receivables? And the books show a huge mark up in amount of cash held?
In trade receivables, over 3 million cash , 10 million order book with 3 million due H2 .. We only need to see a slight improvement on last years results to see a significant rise in SP.
A dead horse?
Trade receivables £21.0 million (At 31 March 2013: £22.1 million)
including accrued income of £18.4 million (At 31 March 2013: £19.1 million)
- Gross cash £3.7 million (At 31 March 2013: £4.6million)
- Order book £10.0 million (At 31 March 2013: £11.5 million)
including , £3.0 million for delivery in H2
Lamb - Here
Still surprised at the little interest here considering results should show that we have 2-4 million in the bank and a possible improvement on last years results... Results out on Tuesday so plenty of time for people to buy in before the masses...
our results should be improved on last year.. And yes china micro economics not in the all clear just yet but we don't need them to be!. With such low free float, small Mcap if cash is at 4 million + this could double very quickly.. Will have to wait and see but wouldn't be surprised to see it trading at 8-10p+ a mark up on last year. We hit a high of 11p if I remember rightly.
Time last year we 4 bagged on the back of the interim results ... funnily enough it was from around the same levels as this... GNG was trading at far higher SP to this not all that long ago and as of December had 3 million in the bank ... with micro economics recovering in China it is possible we will see an improvement on last years results and a higher SP then last year because of it....
Tic toc, results out on Tuesday.