Just a thought, all bad news released early which wasn't that bad to be honest and now I'm expecting only good news along the results otherwise they would of released all at once
Now:
SP 75p
Mcap: £110 million
adjusted EBITDA £18.2
6 months estimated revenue up to September 16: £53 million
Yes that is very undervalued and don't forget the blue chip customers they have, even if some offered 100% premium to the share price for takeover it will be a bargain getting those client and best thing about it is its reoccurring revenue!
H1 sales targets were exceeded! Didvidends policy to be reviewed, they are doing the right thing but with share price over 50% discount your better of buying these now as it will recovery and divi will be reinstated
2.31 net debt to ebitda is very cheap plse show me some tech company's with this sort of earnings, bathos company dealing with major blue chip company's so take over is very likely
Look at the blue chip company's redcentric dealing with, no wonder banks are happy with them, this should be heading north after all company is making profit of around £20 million a year for market cap of 147 million now that's cheap!