Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Cerillion continues to make very encouraging progress and the financial results for the six months ended 31 March 2017 reflect this. Revenue is up by 10% to £7.5m, helped by strong software revenue sales, and adjusted profit before tax is up by 31% to £0.9m, in line with management expectations. New orders secured in the period were also strong, rising by 37% to £9.4m, a new high for a six month period. The Company remains well positioned for the second half of the year and we continue to work on a strong pipeline of new customer opportunities.
From Paul Moody, the Chairman "Following strong results in 2016, trading in the first quarter of 2017 is progressing well and the Group remains on track to deliver management expectations for the year. "Our £4.5m investment at London Linen's Southall plant, which started in August 2016, has recently been completed, and we have also finished a £3.5m refit at our Chester plant. These investments provide us with additional capacity in two strategically important locations and will also improve productivity at both sites. "With the disposal of the retail drycleaning operations in early January, the Group is now wholly focused on the further expansion of its textile rental activities and the Board views prospects for the Group's ongoing development very positively."
I thought this article gave quite a realistic view regarding cash burn and the possibility of more fund raising in the future. http://www.share-talk.com/share-news/a-day-out-in-the-big-smoke-featuring-qpbryeckkmkxlmcfhlrene/
Munters. This is the only share we have discussed. Anyone interested can check my previous posts. I have not been personal about you at all. But you insult me for pointing out facts that dont fit with your view of the world.
Over the last 8 months the Directors of KMK between them have invested a MASSIVE £20, 400 in shares in KMK. Clearly they think this is a MASSIVE opportunity. They have all of the information and are keeping their "hands close to their chests" but clearly this is a MASSIVE vote of confidence. Remember, you heard this from me first