Revenue up 211% to £782.5m (H1 FY16: £252.0m)
· Gross margin up 2.5% points to 12.5% (H1 FY16: 10.0%)
· Profit before tax up 285% to £7.4m (H1 FY16: loss £4.0m)
· Adjusted EBITDA1 up 252% to £22.9m (H1 FY16: £6.5m)
· Adjusted profit before tax2 up 295% to £15.4m (H1 FY16: £3.9m)
Interim dividend up 100% to 4.2 pence (H1 FY16: interim dividend 2.1 pence), which is currently expected to represent approximately one third of the anticipated full year dividend
Yet no rush, or comments??! What's going on?!
Taken from the Belize budget speech 2016/2017
" included in these numbers is the extraordinary payment of just over $97 million dollars in respect of the settlement of the International Arbitration Award related to the British Caribbean Bank Loan to Belize Telemedia Ltd."
Paid, no problem, ours is much smaller.
They won't defy the US courts, end of. Rise part 2 today!
There were some weak attempts at derampering today. I read with interest looking for any weaknesses in this dream of a share. No solid points were made, so it looks like a standard consolidation, profit taking, a 17% fall after a 100%+ rise shows the market has faith, just taking a moment to take events in. All in my opinion, and I'm holding here so obviously bias!
DYOR, GLA.
Ok, it's a retrace, but it WILL find true value, 35+, I'm hanging in here, people seeing their 100% gain eaten into might be taking profit, but don't give these golden tickets away! Imho.
Just rose 8%. very volatile, holders made 100% yesterday, bound to be some selling. Others will have checked numbers and know this should be 35 minimum before the second case.
Pre announcement 10p. Current mcap similar to today's win. So adding win and existing price, about 32p a share. Further payout pending?
Any advance on this v crude thinking?