Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Particularly like the FCF yield of 15% pencilled in for FY23 and good to see they’re doing work for Siemens in the tech bar department (anyone heard of them?)
A few nibbles today…..
That webpage has been up for many months.
I wouldn’t mind betting on an announcement as to TIA’s future with or soon after their FY’s results. No new website is a give away.
The lack of a new website makes me think that this is being bundled up for sale. Perhaps someone has approached them and management thought about all the associated costs of rebranding ? Just a hunch, seen this happen before.
I’m fairly certain the three new partners are Fujitsu, Cap Gemini and Sopra Steria. So along with Atos they must have shed loads of work on. These are the big players winning the big Government contracts. Now looking forward to their trading update.
It will be interesting to see who the 3 new channel partners are, as announced with the Allvotec contracts RNS. There have been some huge contracts awarded to the likes of Fujitsu in recent months.
I think you lose your 70*0.892 = 62.44p - sorry
Thanks for providing a summary. The RNS was slightly convoluted for this time in the morning. I think their end game -as promised to MXC shareholders - is a full return of their money invested. I'm not sure what that equates to but significant increase to where they will stand post reorganisation.
why "must" it be bad news? Daft thing to say - they have to announce to the market if that were the case. Its a delay in the audit - I'm very relaxed.
I think Atos are providing more than enough work for IDE at present. Don't forget they are offering a service that Atos do not want to take on. The contracts are lengthy and with Parker's background in the Service sector, I think the future is quite exciting! Not advice, just an observation.
It would make a lot of sense for IDE to merge with Kores365 - part of MXLG. Perhaps this is the reason that there has been no news?
Are we not due results by month end?
A mate just told me that FCAP have issued a brokers note. I haven’t seen it but at least it can be seen as a positive development.
If FinnCap produced a broker's note then that would be helpful. There is no guidance out there and the trading update was rather sparse.
As per link posted to ADVFN - thanks to that person.
https://www.ukauthority.com/articles/met-police-signs-atos-for-application-management-services/
based on the numbers you have used and using 10x EV/Ebitda the current share price should be 3.2p therefore upside of 251% or thereabouts.
wouldn't worry about the debt! be more worried not to miss a golden opportunity. Major rerate tomorrow - this does not constitute advice and is totally my own opinion but is based on previous announcements .....management seems to have effected an incredible turnaround strategy.
shed the large seller and go forward?
Equally it ups Kestrels % holding considerably and would potentially help avoid MXC abusing their position as largest shareholder (by some margin at present).