Member Info for MadChatter

That's someone clearly expecting a gap up!

Bid isn't moving. They are just pushing up ask

End of day rise maybe?

Thanks DShox, very informative.

Question

DL saying this has taken a long time... I understand that because of the element of ownership if they fail to pay. But if they need finance this badly shouldn't they have come to a deal over an RTO already?

Taken a small stake here, despite having to suffer No Brainer. Business is business.

I think the problem for newbies is the benefits of what this RNS means here needs to be spelled out plain as mud.

Indeed Mr positive, skier, been a bit quiet this afternoon? Haha

I'd prefer maybe 5% gap up to start, then slowly rising tomorrow

Very tight spread at the moment.

@Emily
Peel are a broker yes? Meaning not an ii. So they are not part of the count.

It is worth noting, in the interest of knowing all facts, that I believe there are a few old placing shares rattling around here holding things back a little. I.e. won't be running out of shares just yet.

But still a strong buy!

I don't know what the actual free float here is, but it's not higher than 175m. So by the end of tomorrow I expect in volume terms the entire free float to change hands.

Call this a ramp if you wish, but lets say if they continue winning sizeable contracts and they become strongly cash flow positive within 6 months. There is no reason with a few more contracts under their belt this should be valued less than £10m. Just imo.

If you find a place say 500 review and they are all terrible then I will accept there is a trend, But seriously Skier, 20 reviews???? Isn't is just embarrassing now to use this as a reason not to buy!? Find some proper reviews.

If people want to base their investments on 20 google reviews I won't comment further on it.

To be fair, I will concede that I have no idea how much it will cost to implement this contract (or any of the previous 7) during the next 6 months. But I would imagine some of the earlier contracts must be paying out already, and with a contract now in place they might be able to secure a bridging loan without a placing.

Emphasis on might.

But either way this should be north of 1p this week.

Sorry, but how are 20 random people on google more of an authority? At least that one I posted is supposedly impartial.

You have no evidence that they actually have bad service levels at all. If you can find some then just post it!

If not, then just buy and make some money Skier. haha.

You are clearly reading the 20 google reviews Skier.... How about being one of the 2016 best business broadband providers by leading authority TechRadar Pro?

Two important things here

Firstly, contract is AT LEAST £3.5m

Secondly, as someone earlier said revenue in 3 years time. NO. It's revenue over 3 years. Meaning they could negotiate a substantial chunk of revenue in 6 months time.

Looks to me like they could have been profitable quite easily by reducing debtors and not increasing inventories.

So basically the big news today will be Bosch

You'd think the interest would be higher here, given what will happen next week.