Member Info for smudgedan

we can take from this update is that the business hasn't been adversely affected revenue wise from the suspension or other negative articles etc. Of course what these don't include is any revenue from Freepaymaster which was only launched post quarter end and is what it is believed is going to deliver the step change is revenue and profitability.

Hope all well. Took some on the drop.

Cheers Jolly. I think this has bottomed out now and should be back to the mid .2's in short order.

Yeah, a few profit takers but they gave sold far too early imv as everything still to play for here. Each to his own though

There is a delayed sell to come through later as more available on the ask now.

Initial tp here for me is 15p and then review depending on news. Still doesn't get back to the price of a year or so ago

Yep, my guess is the book will shift straight to 7 on the bid and 7.50 ask

Overhang now gone, mm's just trying to manage the rise. Will jump shortly I think to about 25% up

Yes, they finished selling earlier in the week.

Good here chaps

Yes, I have been topping up too, yesterday and this morning. Think this offers an excellent entry around these prices

Huge commitment shown by the principal shareholders here. Not only have they given an interest free, unsecured loan of £1.5m, they are also happy to convert the loan at a 150% premium to the prevailing sp. bear in mind these guys are on the bod so know exactly what is going on with the company

Wonder what value that gives to SPPC's holding?

To see the immense value here is finally being recognised

Excellent idea Ian. I think as many investors as possible should attend the AGM. I certainly came away very impressed from my conversations with PJ. Have added again today on the drop.

It is indeed an odd one. There no way that the mm's would take 1,000,000 shares at that price unless it was some sort of transfer and the buyer hasn't shown his hand yet. Equally, why are Stream are selling at this point having been in since the start?

What we need to remember is that away from all of this noise we have an underlying business that is cash generative and with Freepaymaster has the opportunity to grow exponentially by the ability to offer a suite of products, something that Boxhill were not in a position to do previously. I keep coming back to the fact that, unlike the majority of small companies on AIM Boxhill haven't had to to dilute shareholders to keep the lights on since the payments business has been delivering. It is a self sufficient, high margin rapid growth business, which with the correct corporate governance has the potential to deliver exponential growth over the next few years, long after all the noise has died down.

What's the betting the receivables are miraculously paid post any sale

Yes, I met with PJ. A very articulate and clever man. Can see him being a success on the sales side and he has experience in this role. What Boxhill need is a strong CEO with a long history of exceptional corporate governance. The two NED's are a good start, so lets see what comes next. I think the bad news is out in the open now

Yes, I have come to the conclusion that going over the notifable threshold is more trouble than it's worth. I bought some yesterday and will add further today.