I know 10p is still a low target but one step at a time eh. Same team built the 80p a share company and I’m not saying for a second that they can’t, if anything it’s achievavle. But short term 10p is good for me
Was good to have it in the portfolio but who really wants to be stuck with a car with no engine???
Still optimistic about the Weald and Prim especially. Holding long and strong
Just further reassurance for private investors - more institutional investors to come- everyone wants to quadruple there money as quick as possible and banks especially before the ring fencing laws apply which will significantly reduce capital banks use to invest
Even on the retrace... prices won’t be guaranteed with these early day spreads. I’m holding till the 10p target is achieved and my extra shares are in my portfolio.
So what’s everyone’s targets here?1 Dec 2017 14:37
Based on the information we have. 5p 10p 15p
Why do you think your estimate is realistic?
And what time frame are you looking at to achieve the target?
... short sighted. Whilst apps like google play and iTunes are dominating the market there are many multi million pound firms that provide similar services that exist and contribute to sector revenue significantly. Google search will prove this to be true.
In the grand scheme of things the real biggie will be finding out whether it will be extra shares we get or dividends. A lot more rise to come with this - many industries in the technology sector are reaching out to India for its cheap expertise but also advanced technical IT skills. India has also announced it is moving forward with digital currency also. Anything to do with India right now seems to be heading up. GLA . Personal target of 10p plus over mid term with a view of increasing holding once my extra shares are given to me.
Whilst many are probably moaning about the reduction in revenue by a half, and increase in expenditure due to the footprint in india, many are forgetting this is a debt free company with 1.7million in cash stacked. Pivotal information as the company is able to survive a while. The expansion into india and the sign up with direct billing carriers mean 2018 should see a rise in the revenue generated - reason is extended customer base - cheaper agreements with carriers - and html5 platform topped with marketing will yield positive results. In the current situation there is no doubt the company has a realistic value of approx 4-5p (valued on the fiscal strength of the company). all in all deffo agree this a great investment which could see results as early as Q1 2018 imho. DYOR. Reading posts makes you a gullable fool so always do your own research.
Market makers clearly holding this back up with a super low sell out point indicating they want shares and a high buy in price preventing new buys. Seen this many times. Strong indicator I’m hoping of a recovery towards 8p. Let them make there money first
Will hold price down for stability by controlling spread. Once orders have cleared this should move up. Buy volume on live platforms is looking strong more buys than sells.