Member Info for Malcolm

Commenting on the results, Richard Hodgson, Chief Executive, said: "These results represent a signiticant increase in profitability for the Group and highlight the success of following a focused strategy of driving high margin, design-in distribution sales through a reduced fixed cost base. This profit has then been re-invested into a strengthened balance sheet. With this foundation in place, we are fully committed to delivering increased profit and cash generation from increased revenue from our existing technologies and new complementary product lines and through targeted bolt-on acquistions. I would like to thank our staff, whose tremendous effort and unfailing team spirit has given us this great platform and opportunity."

http://english.ahram.org.eg/NewsContent/1/64/297374/Egypt/Politics-/Russian-delegation-inspects-Cairo-airport-security.aspx

It was stated that they have come a long way from putting LED's in refrigerators and they see a massive growth potential in the lighting sector. So much so that I had to ask the question, "that's all well and good but can you handle that kind of growth"? In a blink of an eye, the chairman stated "absolutely", we use contractors for installation and we know where to go for excellent designers, should we need to outsource. His quick response leads me to believe that they have given this some thought. They were also very excited about their smart building technology and stated that they have just finished making the building next to us smart. It was also stated that they have connections with three universities and last year they had taken on two undergraduates and this has gone so well, that they plan to take two more this year.

I don't recall seeing any sandwiches but that may be because I only had eyes for the chocolate Wagon Wheels. This was my fourth AGM and by far the best, there was an air of confidence and optimism about the future. They have now cleared the decks, put in place staff incentives and have made provisions for growth.They see growth potential in all areas of the business and therefore see no need to take any unnecessary risk to achieve it.They also see the uncertainties of the near future (Brexit) as a great opportunity for our company and stated that they have already taken advantage of opportunities this has thrown up. For me, this is now an exciting growth stock with great potential.

All good, will try and post more information when I get the time, I've just brought some more, can't believe this is still only 8p a share..

Looks to me like our company is going places, I'm looking forward to the AGM.

Looks like lots to look forward to at the AGM.

I will be there it will be my fourth year. Looking forward to seeing you there.

This is the bit that I like, "now that we have established a profitable base" Richard Hodgson, CEO of APC Technology Group, commented: "I am very pleased to welcome Pete and the rest of the First Byte Micro team to APC. The combination of their business with our APC Locator division gives us a significant presence in the growing market for the sourcing of hard to find and obsolete electronic components and products. This business line allows us to offer a value added solution to our extensive military and aerospace customer base in particular. As we set out in our results presentation, now that we have established a profitable base, we are concentrating on three main growth drivers: growth through increased bookings from our existing technologies, in particular those that sit is high growth markets; growth through the signing of new complementary product lines; and growth through targeted bolt-on acquisitions. We are already seeing traction in the first two and this acquisition marks the start of the third. The acquired business will add to the exisiting business which has started fiscal year 2018 well and trades in line with expectations.

Thanks Sahid, I couldn’t resist a little top up this morning. Surely it must be higher than this, come the AGM. Maybe I will see you there?

Thanks, your comments are much appreciated.

Surely this share is due a re-rating now?

May have made room in an Isa then he wouldn't have to pay tax on the rerating that's coming?

Sorry, 500892 brought @ .06625p = £33,184.09.

500892 brought @ .06625p = £331,840.95, it appears to me that someone is quietly building up a nice holding and I fully intend to do the same if/when funds come available. 03-Aug-17 14:18:36 6.625 500,892   6.25 7.00 33.18k

They can't hold it down forever it must rise between now and the next results, imho.

I see Stuart Hawthorne increased his holding by 477,000 shares (his total now is 5,710,000, 4.23%), and many of the other large share holders have been increasing their percentages in the past few months. One by over 47% (24/05/2017 Rockridge investments from 10,450,000 to 15,362,963, 11.39%). and still the share gets marked down, go figure??

A few tit-bits of information that you may find interesting? The new chairman was just as excited as you were (in your 12th April post) about Time Synchronisation he also felt that there was great potential for growth in the components side of the business. It’s my guess that someone in the Gambling/Gaming industry might see the potential in accurate and reliable Time Synchronisation? He also informed me that he dislikes debt. He and some others on the BOD also assured me that the next set of accounts will be easier to understand and will include a bottom line figure. All music to my ears I can tell you.

If your selling, Mark Brantford is buying.

Another link to tie in Mark Blandford to Rockridge investments, “Rockridge Investments, an existing shareholder controlled by Mark Blandford, the founder of Sportingbet”. http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11376571/Daniel-Stewart-gathers-1.5m-to-fill-its-capital-shortfall.html