Yeah mate big drop in the PE to around 3
Also watch for dividend as sat on a lot of cash.
Also increase again in margins as more high end chemicals are sold.
The MMs simply sucked in the sellers. Interesting point today will it move back to 30p or are the weak holders out now ?
Nearly 100k bought today which is a lot for an illiquid stock
No way 43k sold at 24p it was a buy.
Would be very interesting if the MMs got swamped with buys. This is a stock that can double in a day.
Especially as our market cap is so low in comparison to cash, profitability and with a rising POO and world economies very slowly picking up
The Mms played a dangerous game they where not sales they where buys way below the mid price.
I know I bought 5k at 20.1 yesterday.
So for days have mainly been buys.
Looks to me a squeeze on the MMs continued buying of another 50k and they will be way over 30p
Agreed SP doesn't reflect business1 Feb 2017 13:46
Market cap £7m
Profit £2.5m cash 7m
Debt £10m
Dividend to be reinstated probability
Profit next year significant improvement as POO has increased significantly.
Only 20.1 to buy as picked up another 5k today.
Significantly under valued
Rambo,,
TW posts a blog which has been dismissed with no response and the share is fecked. No II sold, buying solid at the moment and actually a growth tech company doing very well. You sound desperate, short underwater ?
Interims should be outstanding. Why? Crazy summer with over 30 projects which is normally the quite period.
New financial clients and preferred supplier agreements
Xmas was insane that's why new brand launch is delayed to feb.
No brainer IMHO a price just does not reflect progress and fundamentals
At the FY cash was 1.5m with 1.4m in receivables which was a large jump but confirmed at the AGM the client is good for it (Microsoft Cannes event)
So please correct me if my assumption is not correct but if that was paid now and after the paying the dividend the cash would be £2.9m minus dividend payment ?
The receivables are from the first Cannes event for Microsoft, the first event was June and year end was 30th June. I think Microsoft are good for it. Lol