Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
has apparently been renamed to Connect Labs: http://www.redstoneconnectplc.com/Labs Work on website is ongoing, some fixes still needed.
If mgmt really want to get us on the radar of institutional investors, they'll need to consider a share consolidation, as many institutionals are not allowed to invest in penny stocks. They could put a resolution to the next AGM proposing a 20 to 1 or even a 50 to 1 consolidation. We'd probably lose a bit of volume from the penny stock traders, but we'd get more long term investors in. And the spread would probably come down. Any opposing views ?
As of today mgmt have exactly 18 months left to get the SP to 5p (and then keep it above 5p for the remaining 3 months of 2018) if they want all their options to vest.
DB left TOOP a while ago. Barry French, one of his Apostles, who was with Him at Coms and followed Him to TOOP, resigned from Toople back in Dec 16 and is now at TFM Networks, which did business with Coms back in 2013, so things have come full circle I guess. How I miss those guys.
for Redstoneconnect, check it out at http://www.redstoneconnectplc.com
Yesterday's presentation is online: http://www.redstoneconnectplc.com/media/1076/redstoneconnect-shares-cenkos-event-presentation-jan-2017.pdf
http://www.redstoneconnectplc.com/creating-a-radical-step-change-in-business-improvement/
REDS exhibiting: https://www.sharesmagazine.co.uk/events/event/GIF2017
£800k EBITDA is just for the first 6 months of the FY, I would hope they will add at least another £800k in the second part of the year.
https://www.ukinvestorshow.com/speakers/ Mark Braund, COMS plc. Ouch!
I'm not saying they're struggling for turnover, I do know though they've already turned down a number of potential deals because they felt they were just not worth doing, offering far too low margins, deals that would probably have been pursued under previous management. That's why I believe revenue growth will slow down, at least for the short term, until the revenue mix has gotten healthier, then they can start pushing for growth again.
Not expecting anywhere near that kind of revenue growth, think turnover will be in the 20-23m range. I hope to see a tick up in gross margins, and a pre tax profit of around 400k, before the reversal of the provision for the Stokenchurch building.
Last trading day of the first half of the FY, let's hope we get an update in a couple of weeks time.
Yes they will share additional info and give an update on the first half, but we shouldn't expect any detailed numbers I guess.
http://www.comsplc.com/media/1043/full_year_results_2016.pdf