Have taken 30 Mar 2015 09:27
a few of these this morning.
Looking at the last three sets of results they managed to turn around a £200k loss at the half year to a £10k profit at the finals, so a swing of £210k.
They have achieved a profit of £130k for the first half this year, so even if they stand still on last year then we should see a profit of £340k. Applying a PE of 10 this gives a market cap of £3.4m versus the current £1.5m