Member Info for MB11

I was thinking along the lines of components distribution and minimise water were contributing profit and minimise energy around flat after the freight miss calc, with generation, solutions and Americas not yet contributing. Generation was the close one to the tipping point had it been for the centre order.

First interview by the new CEO realesed this morning http://brrmedia.co.uk/event/140655/richard-hodgson

Glad to have that today, nothing new but it's the first proper communications from the new team at the top. "The Board believes that the measures already being implemented will provide a stable platform for profitable growth through both margin improvement and transactional sales delivery. Capitalising on the potential of existing products and services into existing customers will be our primary focus for the rest of this fiscal year." Also the following comment was welcome. Board would like to thank staff and shareholders alike for their patience in recent weeks and look forward to the future with optimism."

As I said over the weekend the market had spoken and fair play for falling on his sword and realising that he had built the components / energy as much as he could and with revenues going to 30m that gives a guy with a different skills set and more suitable for the next phase a great platform.

The weekend

He has worked really hard to position apc where it is now. Without his vision apc would would still be purely components only. I have been in contact and you can rest assured he is 100% behind the company and the new CEO who he will give his 100% backing to. He wants to see the fruits of his labour blossom out more than anyone as a shareholder and with the substantial holding of the family.

The share price has been savaged and the market has spoken, a huge change to happen which I am sure we will be discussing very soon. I have a very big holding here and have been in over seven years and was actually posting on the first ever page of APC posts back when the components had just issued a warding due to exchange rate fluctuations. I was also part of the group that took around 1.2m shares from David Elbourne in early 2013 when came onto the BB to offload his holding. The current share price is hurting me badly on paper. APC has come a long way and there is no major disaster here, it is still really well positioned. What is needed is the financial control and discipline around which will come. Increasing revenue is one thing, but we now need to strengthen financial controls to turn that into profits. However this is much easier to do when you have the revenue and potential for economies. This will be the next stage in this story. Whatever you decide to do good luck, the AIM market can be very brutal, but we all make our own bed. In the broker note 28/05 Cantor Fitzgerald had APC down for £32.9m Revenue this year and a PBT loss of 100k. Next year revenue £41.2m with a Profit BT of £1m and in 2017 Revenue £49.6 and PBT of £2.7m. With measures to be put in place to pull costs and with revenue in the key areas (components, water and energy) still growing I am personally holding on.

I think the American business might spring a few pleasant surprises :)

Just a hard copy of the 27 page Cantor Fitzgerald initiation note.

APC have historically been second half weighted. To come this year is heavy second half invoicing for Morrisons at the level they were and also matching is the Royal Mail invoicing. New broker report has the forward projections and I'm expecting a strong run at some stage.

The current share price is painful for all holders, remember the biggest holders by far is the Robinson family so will be feeling the same as us. All we can do is sit back and just let it all play out. Although not reflected in the sp, the company is in a great position to capitalise on a very lucrative market. 12 months from now I am sure the sp will be well North of where we are today.

Max buy here is £1.2ks worth.

Zak Mir ‏**************** 1h @ubaidshaikh11 #LEN #ROSE will be on http://Zaks-TA.com today / http://*********** @OfficialTipTV

Can't even get a dummy quote for £2.5ks worth here! Negotiated buy.

its a Buy and Hold

Seen the guys he has around him now. Now thats not just for fun. This is China and the market and potential does not get any better in the World.

I have afeeling he has kept an ace back on the gas for the demerger and will now be let loose.

do you remeber when it kicked it up from 12p to 25p with the same number of share in issue as today on China gas.

Underpinned by 6.5p cash and with a gas asset the CPR had as with NPV of over a billion.

Gas Zone testing of Well ZJS7 and the ZJS8 drilling back to back. The potential that they could supply gas to China does not get any better with the fiscal terms offered. DYOR