IN BRIEF: Octagonal Full-Year Revenue And Profit Set To Rise
Wed, 30th Sep 2020 21:00
Octagonal PLC - financial services firm - Granted three-month extension to publish its results for the financial year ended March 31, now expected to be released in late October. To report revenue of GBP5.7 million for year ended March 31, up from GBP5.3 million year before, with gross profit rising to GBP4.3 million from GBP4 million.
Current stock price: 1.85 pence
The share price will be traded on rises but this company is well undervalued. IMO a rerate is definitely on the way.
Just check the profits, assets, and cash in bank alone SP should be at least 2 or 3 times what it is now.
What attracts me as much as anything is the ongoing Dividends. It's a no brainer.
Atb Muso
Excellent results as i expected.
With dividends this is turning out to be a really good investment.
Atb Muso
Yes CEOAdam Questions need asking when LSE don't post OCT RNS. Investors will start to look elsewhere for this information.
On the upside, OCT share price is on the up after the good news in this latest RNS.
Atb Muso
Yes for a share like this to give dividends and have started trading in Hong Kong is fantastic news.
A great time to buy in here or top up with this ridiculously low share price with how this company is performing.
Atb Muso
Good news at last. Things starting to happen in HK. Dividends on the way.
Atb Muso
Still massively undervalued and a great price to buy.
Atb Muso
Divi paid into my account and will be reinvesting at this low price.
Atb Muso
Why was this post deleted?..
FRR issued lots of shares during 2015 and also Verang signed a deal promising to invest $36m. There was never an rns to say the deal was off. What happened to the money?
No info could be found about Verang.
Did it really exsist?
At least it helped to ramp the share to sell the placings.
Could someone answer this please?..
Atb Muso
Received this newsletter. Synergis bonds are about to be launched. With this and the ever-increasing profits and millions in the bank, I can see the Sp moving to a much higher price.
A great time to invest here.
Atb Muso
Profits up 39% News of the the New bonds launch anytime soon.. and possibly a dividend. The company is so undervalued. I can see the Sp move to a much higher level. Atb Muso
I telephoned OCT a couple of weeks ago concerned as a shareholder about the delay of the new bonds launch. I didn't expect them to give me a date... but they did say they were crossing the T's and dotting the I's. That reassurance is enough for me to expect news anytime. This imo will send the share price to a higher level... also dividend news will do just the same. This is by far one of my safest investments I'm in. Atb Muso
Yes dh42 I agree. But those involved with Epo are managers...and just like the high street bank managers they lose millions or even billions and then get rewarded with millions...besides the over inflated salaries. I still believe Epo will come good one day but it will need to be sooner rather than later because of banks in general with evolving technologies in the banking industry could reduce the market share. Atb Muso
Prudential have bought 5.3% of Earthport. Shows real confidence! And I look forward the financial results at the end of this month to be excellent and to justify why the investment of such a huge corporation. Gla Muso
Great expansion into India. Another India bank signed. Atb Muso
Great posts John21. I expect great results on this Mondays Rns update. A lot of the buys are showing as sells ... I topped up my holdings here earlier and 5655 was showing as a sell. Gla Muso
Your very safe bladerunneruk with your investment here. I topped up yesterday. Sold some Oil and gas shares after riding the ups and downs of the industry. This by far is one of the best stocks I hold. Exciting times ahead. Atb Muso
EPO RNS.. I'm with you about your post John21. With Bank of America going live i believe revenue will increase much faster and be cash positive by or before Q4. Atb Muso