We would love to hear your thoughts about our site and services, please take our survey here.
What a bizarre response Mr Hornet. What I'd like to do on this bard is have some rational debate - I had a notion that's what it was for. That needs two things. Information to fuel a debate and the absence of posters who refuse to engage in one. What do you think I should do about it? Waste a day of my life travelling 300 miles to and from an AGM where I may or may not be able to ask a question with no guarantee of getting an answer? And, let's face it, there are a lot of questions.
So to find out something that any rational investor would wish to know you believe we should rely on the random nature of someone wanting to ask it at the AGM and the equally random nature of whether they get the chance to ask it? Quite apart from the prospect of getting a simple and clear answer. Do you not think that information is sorely lacking and the company should be rather more forthcoming?
I actually agree with some of what HmcH says although I'll never get my head round his mode of saying it. Even so, anyone not worried about the complete lack of market response t anything that appears the good news needs their head examining. As for his view that the discussions re wording in the accounts regarding the revised terms of the ABB deal is irrelevant as it's past year end is just plain wrong as the deal changes the terms of what was in the accounts prior to year end
The results, Moneysponge, are, as I'm sure you must know, almost irrelevant. We know there were no meaningful sales in that period. This is about a bet on the future. Nobody but a fool would suggest that it isn't a high risk one
There are two reasons why the company is valued at much less than it was not long ago. The first is outside its control - general economic conditions. The second is because it has been disappointingly slow to turn product into sales; that's undeniable. But no company at this stage has ever, ever been valued on sales - it is valued on its IP and its potential. The upshot of this is that because of the general conditions a much lower price is put on that potential than might be the case in other circumstances. If a fraction of the perceived (yes, its's perceived rather than actual) then it may be worth multiples of its current value. Nobody knows for sure but if you wish to value a company by traditional metrics then if you really are researching AIM then you are looking in the wrong place.
The company is in the latter stages of R&D with a clear path to commercialisation. Since when has a company at any stage of R&D based salaries purely on revenue? The pints you are making, Mr Sponge, are nonsense and smack either of deramping or a complete lack of knowledge
With building work suspended on HS2 Euston I wonder whether Mace/Dragados will shift 'their' power tower elsewhere?
The Times:
Mark Harper, the transport secretary, said this month that soaring inflation had forced a rethink of the £100 billion high-speed rail line’s timetable. There is to be a two-year pause on building at Euston. HS2 Ltd, which is overseeing the project, has spent £548 million on extending the station and has a budget of £2.6 billion to complete the work. Its most recent estimate of the cost was £4.8 billion.