Member Info for redkite

we will know in the morning

I got the worst sp of the day .0032 higher ! I've read the RNS and the prelims several times "The Group continues to participate in and track a number of significant public sector tender opportunities which, if awarded, are expected to produce revenues in excess of our recent annual turnover" and firmly believe that they are saying that any 1 of them would produce revenue in excess of recent annual T/O. What if they got more than 1 with their leading edge technology. Steady boys........

Initial @ 41 and thanks Barx for saving me £40 0n the deal, maybe more tomorrow if TYM behaves

Time for me to get a few tomorrow me thinks, or miss the boat. There are only 15% of these in free float and the carousel of customers on their website includes some good names and if one of those other prospects lands it will have been too late to get aboard. DYOR

Agreed spiky but a clear pattern coupled with previous RNS releases, the BOD seem to keep investors well appraised and the fundamentals are very sound, and if 1 (or more) of those contracts get landed it will transform the coy. Interesting in your view on APC it was my least favoured of the 4

Thanks, what a little gem.Hope to be able to get in before the deadline

The synergy between Jessops and XPS is clear, except why would an internet based company saddle itself with a load of real estate unless they were going to cherry pick the sites and create a Carphone Warehouse type set up. They have said not all outlets will be retained. IF they choose the XPS route it could be positive in the medium term but IMO its not going to move this sp much in the short term. Please prove me wrong !

In the absence of an xmas trading update, which we were told via a third party on this BB that we are not going to get, unless there is some regulatory news don't see anything until the June/ July results update. In the absence of news can't see how the sp should move.

Excellent results from Samsung, particularly in Asia, ties is well with XPS performance over the last 2 years. If only they can get UK/Europe trading on a satisfactory footing we shoud get the sp back to where this rightly belongs. Would be nice to get a trading update, but only if its good news, otherwise this is going to stagnate.

Fundamentally this is still a sound company with good credentials and the sp has been panned. I still have a holding, and averaged down to 1.20, more as a potential exit strategy on a small recovery than anything else . There are better shares elsewhere in the short term if that's how you make your money, if a long termer it should be sound but newsflow is likely to be slow and will therefore not gather interest from pi's.

This is the xps entry EXPANSYS is an online consumers electronics retailer which was founded in Manchester in 1997, formed by a group of mobile software developers and technicians. The website sells over 30,000 products to customers in over 115 countries. 60 global EXPANSYS websites receive well in excess of 2 million visits per month. The group operates in 16 languages and has regional offices in the UK, France, the USA, and Hong Kong. Expansys.com is ranked #33,654 in the world according to Alexa traffic rankings and is ranked #3640 in the UK. Expansys-USA.com is ranked #52,973 in the world according to Alexa traffic rankings and is ranked #22,607 in the USA. In 2010 EXPANSYS acquired PJ Media (a multi-channel eCommerce software and marketing specialist) and DSNS (the UK's largest SIM distributor). In late 2011, EXPANSYS began to sell phones from the official windows phone website and is the default UK provider on the Microsoft website. EXPANSYS is part of EXPANSYS PLC which joined the London AIM, the London Stock Exchange’s international market for smaller growing companies, in April 2007

Having read some comments I wonder if people have read the full RNS and understand company accounting principles. Setting aside provisions for possible future losses is prudent policy and mitigates the impact later on. As xps say they consider the claim unwarranted and if this turns out to be the case the provision gets written straight backinto future bottom line. In addition the restructuring and warehousing is virtually cost neutral in this accounting period but is projected to add £1m to profit pa going forward. If you discount these 2 entries then performance is flat compared to last year despite the prevaling conditions and does not justify a 30% fall in sp at one time yesterday. Thanks FW for sharing your dialogue with the BB which underlines the quality and sincerity of the key members of the BOD.

Took the opportunity to double my holding this morning to average down in case I need an early exit strategy. Just missed the bottom but happy with 1.25 breakeven. Fair amount of blue so not everyone sees this as a lost cause.

Disappointing but a typical move by the MM's to panic holders into selling and the movement has been overdone, expect this to bounce back a fair way in the short term. If they had taken any notice of the RNS and stripped out the provision and restructuring costs for action already taken to improve matters the picture is very different and 93% boost in Asia shows how well founded this company is with an excelletn BOD. But of course that is not their game.

but the ask is staying rock solid.

If they follow last years pattern that would be the schedule, although the first was just a notice of the later release. The ask is holding up well despite the widening spread which looks encouraging. The Marlow relocation costs will have washed through the accounts this time so we should be in for an even better set of figures if trading has held up. This little gem will yield results at some point.

Just got back in aswell @ 1.40, had a limit set and been wanting a slightly lower sp but the price keeps ticking up on minimal volume so decided to jump in as it seems the floor is rising. I'm happy at this level with trading update due within next 2-3 weeks.

We normally get some activity around christmas in expectation of a good trading update, expect the MM's are trying to play this by stockpiling in readiness, quite wide spread but narrowing today. I've been out but have just placed a cheeky limit order at 1.30

Sorry don't agree, the reason Comet are up for sale is due to their failure to compete with internet sales, keeping their emphasis on the high street / retail park outlets. xps is a successful internet marketing company, high volume / low cost model. Why would they shackle themselves with a load of expensive (and ineffective) real estate?

set of results. This one is a slow burner with good potential and complements a lot of our other O&G plays when the news spreads