Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
The shares do look cheap…
Valuation around £1.55m now against gross revenues of 6.62m.
Q1 looks healthy from a social media perspective.
And hence I have bought a few more.
All about 2024 now and driving sales and cementing profitability.
1,500 bought at 80p at the open today.
NT to trade - no shares currently on offer…
Excellent set of high level numbers…
Guidance gross revenue of £6.5m beaten with approx. £6.62m delivered.
Net revenue at £5.8m is up 23.4% on 2022.
Net debt is down 26.66% and falling monthly.
Cash is strong at £1.9m…
Shares could easily re-rate above 100p.
Now trading at 67.5p and a valuation of just £1.32m looks crazy cheap.
Not often that you find a share that is clearly under the radar.
I feel that both November and December were excellent months...
Revenues and a trading update due soon.
Guidance was £6.5m and a small profit.
The valuation at £1.2m looks very low.
I am aware of a distressed seller
Or simply a distressed seller?
Looking massively overvalued at 0.225p…
Sad but fair value must be closer to £1m given current situation.
Moniman - please check again...
That is a delayed trade and at 11.11.45 (execution time) the RSP I have in front of me shows the bid to offer was 19.00 - 19.50p...
The bid/offer changed a minute or so after that sale at 11.13.57 to 18.50 - 19.00.
It was the sale the moved the price lower...
I thank you.
That 450,000 was a sell unfortunately and was the final straw that moved the price from 19p bid to 18.5p bid...
And more interesting timing.
Seems Jude may have moved on….
Anyone aware of the rumour?
Another sad day.
Cash must be on fumes end Sept.
COO and CFO have resigned.
Revenues falling short again.
Contract not signed with VST and funding for VST not yet secured.
Not good…
Three RNS’s…
And the rumour this evening is Draper and Hau have left the building.
Surely not…
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Must be stt1 yet again - no doubt vitriolic?
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Goodbye stt1
Stt1, I am fully aware that 2023 is going to be a year of growth with like for like revenues of £57m plus over 2022 £50.7m...
I am good with 12.43% growth this year with the new facilities kicking in for 2024 and beyond.
You can keep posting as you wish, but I am about to filter you...
Indeed stt1 increasing your revenue guidance is a very positive thing especially as margin is forecast to also increase.
There are also other more minor revenue's streams that should take this years number through £57m and likely greater.
HVO is an excellently managed and led business imo.
Totally agree Halls - a great day with the significant buyer raising his buying price to 20p and still seems to be resting in size, plus a more aggressive buyer taking stock in size last two trading days...
Excellent news and I feel that if the SP can hold through 20p this week we may see a push upwards into the mid 20's...
[18:06, 26/09/2023] John B: Quick question - can one short HVO?
[18:06, 26/09/2023] John B: Guessing same as any other stock in that it needs shares available on borrow?
[18:07, 26/09/2023] SF: Yeah if you have access to borrow them yes can short
Just had that chat with IG as I am fully aware that HVO can be shorted...
You will understand that I took the traders name down to initials for privacy.
And for information that trader has worked for me at three previous brokers and is extremely trustworthy in my opinion.
I was lucky enough to have a one on one with the CEO and CFO yesterday morning and I got the sense that the book of business for Q3 and 2H is going okay...
It has been tough it would seem with brands switching from booking in advance to booking at short notice due to the changing retail sales market, but recent numbers seems to suggest that is changing back also.
The company seem positive in hitting the £6.5m of revenue and a move into profitability as does the Zeus Broker Note produced yesterday...
I will wait and monitor the social media posting which is increasing of late!