Member Info for Osaka

Or the research has been done, cash invested and sitting patiently waiting for an an official update to ignite the SP, unless of course the ramping baboon fonzi shows up with his pump crew then we might get an early exit LOL

Building nicely, was hard to buy in quantity again yesterday, max quote I could get was for £1.5k

"For an opening position disclosure, state the latest practicable date prior to the disclosure"

My understanding is that often the date of the RNS is not the actual date of the trade.

GC taking stock directly from them ? He certainly isn't buying on the open market if you look at the volume.

It has been hard to buy in quantity so any sort of volume and it will take off.

LOL he missed a 0 off, more likely to hit 10p

Let's get to at least 4-4.5p before any buy out offers come in, what's your opinion on fair value for a takeover ?

Stunning turnaround here but a long way to go, 4-4.5p target for me minimum.

Almost 49 to sell, creeping back up nicely from today's low

Surely it's also a better business model to have multiple smaller contracts than rely on one large one, going to be a huge bounce here when the first couple roll in.

Can't buy a bean and FOK instantly rejected

That RNS bodes well, confidence shown in abundance !!!

Nat West also had full visibility about the change to regional funding. Of course some no mark on a chat board with 4 posts knows better LOL

Huge bounce coming

This isn't even news it was already flagged in previous RNS's, added substantially down here, the big bounce will come.

#Moron

"The Group's current Department of Education contract provides visibility until July 2025 and there is confidence, although not certainty, that decisions about future structures will have been made by then, with national extension conversations underway. Alongside this, there are a number of local frameworks with open regional bids which offer funding opportunities for Northcoders and the Group has begun these bidding processes.

The Government's commitment to enhancing digital skills, particularly through AI utilisation for economic growth, presents significant opportunities."

Another moron with a 50p pp short open LOL

""The Group's current Department of Education contract provides visibility until July 2025 and there is confidence, although not certainty, that decisions about future structures will have been made by then, with national extension conversations underway. Alongside this, there are a number of local frameworks with open regional bids which offer funding opportunities for Northcoders and the Group has begun these bidding processes.

The Government's commitment to enhancing digital skills, particularly through AI utilisation for economic growth, presents significant opportunities."

Has to turn upwards pretty soon, good solid company, patience required for big rewards.

New member with one post deramping already LOL

There are no worries about cash, quite the opposite, Nat West would not have extended a loan facility if they thought otherwise.

"Northcoders (AIM:CODE), a market leader in technology training in the UK, is pleased announce that it has secured a new finance agreement to support the Company's next stage of growth.

The agreement is with NatWest for a £1.5 million facility. This includes the £0.4 million refinance of the existing 11% loan with Creative England, secured over three years, at a significantly improved fixed rate of 3.5% above base and £1.0 million over four years, at a fixed rate of 2.5% above base. These superior terms have been secured against the Group's internal IP and the additional funds will be available to support the next stage of Northcoders growth as the Company continues to diversify its revenue streams.

The loan also offers the option to increase the facility each year, subject to IP valuation monitoring. Northcoders continues to have a strong balance sheet, with cash and undrawn loan facilities totalling £2.5million as at 04 March 2025."

Regarding the government contract that's very simple and been communicated cleary, this has huge potential to be a great AI play.

"The Group's current Department of Education contract provides visibility until July 2025 and there is confidence, although not certainty, that decisions about future structures will have been made by then, with national extension conversations underway. Alongside this, there are a number of local frameworks with open regional bids which offer funding opportunities for Northcoders and the Group has begun these bidding processes.

The Government's commitment to enhancing digital skills, particularly through AI utilisation for economic growth, presents significant opportunities."

Yes my thoughts too Laura, be surprised if they sell anymore down here, if they do then it's a distressed seller which always bodes well for a huge bounce.

Well oversold, scanned all recent RNS's and doesn't make sense, must be worth a punt at this level !!!!