Member Info for shuttts

I hate results day:

Bad results, big down;

Not so good results, chunk down;

Good results, down;

Very good results, apathetic response;

Exceptional results, up or down, probably down.

I've come to the conclusion that Mr Market is reminiscent of marvin the paranoid android, can find a cloud to smother any silver lining.

Not good, looks like I should have hung fire on buying these. I think the share price will get a proper kicking today.

I think (assuming there's no more bad news) that it's undervalued now, so have just bought some. Potentially tricky since it's been declining for a long while.

Financial highlights

The Board is pleased to confirm trading momentum continued in H2 FY2025, resulting in both revenue and adjusted EBITDA being marginally ahead of market expectations. This follows multiple increases in expectations over the course of the financial year. Subject to audit, the Board expects to report FY2025 revenue of approximately £56.3m (FY2024: £25.4m) and adjusted EBITDA of no less than £16.6m (FY2024: £4.9m). Cash at bank on 31 May 2025 was £14.5m (30 November 2024: £7.2m). Net cash (net of all lease obligations except right of use property leases) at 31 May 2025 was £12.3m (30 November 2024: £5.1m).

Operational highlights

The transformation of the business continued in FY2025, resulting in a 120% increase in revenue to £56.3m, building on the 56% growth achieved in FY2024, with expanded go to market capabilities, increased innovation capacity and widening customer engagement.

I meant to say big orders alone won't drive the share price, it will be fuelled by peoples imaginations because of the association of Musk.

I used to work for Filtronic way back when, in the late 90's.

At the time I was there we predominantly made military use equipment, but mobile phones were just taking off and Filtronic were in the right place at the right time with the right product.

They spun off Filtronic Contek to make parts for the mobile base stations, and because the entire infrastructure needed to be built they got a lot of orders.

This also coincided with the dot com boom, and the shares went from around £1 to something nuts like £24 before dropping all the way back again.

I have a gut feeling (and it's just a feeling) that history is repeating, to a degree.

They're in the right place at the right time with the right product for satellite comms this time, which is a rapidly growing market, and rather than the dot com boom being the catalyst it's Elon Musks name being attached to it.

I'm not saying they'll go to £24 a share again, but I feel they'll go much higher than they are now, and probably far higher than their intrinsic value because once again big orders are fuelled by peoples imaginations - Elon Musk being involved.

I topped up yesterday, incredible timing.

Not like me at all. I must still be in bed having a dream.

Who knows what the market will do, but profit being down quite significantly, and slower trading in Q1 doesn't bode well IMHO.

It all looks very VERY good to me.

New "significant value" order from Airbus for satellite equipment. Shame they haven't mentioned values on last 2 orders, but I'm sure market will like it anyway. If only they could RNS a new space X order I think it'll fly.

Indeedy. Who knows what the irrational mr market will decide...

The debt was to buy the Irish and American outfits, that was only back end of 2024. Debt is hardly likely to have gone down in that time, is it?

I don't know what results you lot are reading, but the stores (i.e. UK) performed significantly better than the wider retail market in the sector (+5.8% vs -2%), inflationary, employer NI costs, and living wage costs all absorbed, headcount down by 49, etc.

In the current tumultuous retail sector that's better than just good.

Will beat market expectations - nice update, should see some uplift today then :)

Sounds very positive, all things considered (flooding issue, etc) - turnover up, profit up, margin up, etc.

Let's see what Mr market thinks.

I'm anticipating great results ahead of expectations, an increase in dividend, cash pile grown, share buy back announced, and 125+ by close of play tomorrow.

I'll get me coat...

You'd imagine today will be mega, but on the basis that this is the stock market don't be surprised if it goes south.

Hard to believe that I was 66% up in these not too long ago when the share price hit £2.30 - glad I sold or I'd be down by more than that.

Hopefully this will be reflected in the share price, I expect the rest of the market will get a good kicking today.

I was working in Morley near Leeds last week, and took a look in the shop a few times while I was there to see how busy it was.

Quite a small shop, but it was pretty much full of people every time I looked in.

Purely anecdotal and only relating to one shop I know, but they seem busy which can only be a good sign.