GOING UP !!4 Aug 2015 15:32
Copied from the ADVFN thread.
"Stilo International's Interim Results,due in about 5/6 weeks, could well signal the serious uplift in revenues/EBITDA which we know lies ahead.
The header alludes to bullish statements made this year by the BOD.
Additionally, Stilo has announced the receipt of an order value US$765,000 from a major semi-conductor manufacturer for Stilo Migrate, its cloud content conversion service.The order is spread over three years, and is planned for delivery in June 2015. It is worth US$265,000 in the current year to 31 December 2015.
As revenues in the second half of 2014(excluding software maintenance)amounted to just £279k,the above contract, on its own, would serve to almost double that 2014 figure.
Add to this the "raft" of other contracts for Migrate allied to a maiden contribution from AuthorBridge and the potential for eye catching increases in profitabality moves up a gear.The "icing on the cake",according to CEO Les Burnham will be new contracts for Omnimark.
We are lucky to have such a reliable,focused,low cost yet alpha grade CEO.
His projections for Stilo over the past six years have been remarkable in their accuracy .The fact that he is now forecasting a very exciting future for STL should therefore be acted upon.
He is well supported by an able and adroit Chairman who steadfastly continues to decline
any remuneration or expenses!
Should Stilo announce that IBM have satisfactorily concluded the AuthorBridge pilot and gone live at enterprise level then surely STL's days as a micro cap must be numbered.
In the meantime the company remains ungeared,boasts over £1million on deposit and pays us a worthwhile and progressive dividend.
Beyond all this though are the ongoing enhancements to Stilo's proprietary software which the BOD believe will enable it to more than compete in terms of performance and pricing with those currently dominant in the market place,thus enabling STL's corporate performance to be propelled way beyond its current parameters.
No wonder Chairman David Ashman continues to buy Stilo shares,having purchased a further 7% of the equity in 2015."