Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
It'll let me sell 75000 shares in one go without going to negotiated trade, it's unusual for it to do that. Hopefully we're in for another rise since it's settled at this level OK.
The big drop was after the trading update explaining that the year ending 2020 with be one without growth in profit. Nothing was mentioned in it about any actual figures.
When the results were released in September the market didn't seem to dislike anything in them otherwise the price would've dropped further. So for me, the drop was caused by an overreaction to what the next set of results will say.
The market didn't like their trading update in June/July and its never really recovered from then. I think it will recover with the update next month assuming they're still making plenty of profit which I think they will be.
For me the dividend is a nice bonus, the real draw here is the upside potential. I say potential, but we all know it should be higher than current levels based on their current profits.
Big chunky buys today. Wouldn't surprise me if it's someone building a holding
I'm surprised the price hasn't moved more with all the buys today.
I'd missed that rns, good bit of buying by him, especially when he already owns a good chunk.
I see it rising steadily from here, it's massively undervalued, it's just a very boring share to be involved in. I personally don't think that's a bad thing, but people chase the dream on aim, and this isn't that. It'll perform well as it has over the last few years, and have steady growth with a good dividend, it it won't double overnight like other companies can.
I'm happy with a safer share that is paying a dividend, that also still easily has room to double or triple in the next 2/3 years. I think based on buying at this level, it will be a 6% yield in 3 years. As well as being 70p a share.
I'm more than happy with the way the company is performing.
I agree, I'm happy with those results.
I'm not expecting huge movements, we already know they made more money than the previous year, and they have already announced the dividend. As long as they continue to honour the progressive dividend they announced last year I'm happy with the return that gives until the price recovers. We all know this has a fair value of pretty much double where we are now.
Yes they are. Hopefully they'll add a bit of excitement (in a good way) to the price.
I think that focusing more effort towards marketing at this stage would be pointless. Why spend more time and money focusing on small sales? We all know the sales that can be made now will not determine whether or not Parsortix will be successful, so I believe that spending their time focusing on what they are currently doing is the best use of their time and resources.
As far as I'm concerned the marketing is fine, they are involved with some of the biggest cancers in the world, so the people that matter know about them. What's the point in spending more money marketing it to a wider audience when the product isn't at a stage where it can be rolled out big time anyway.
That's always been my view aswell, everything we have heard from the company is a positive, everything we have heard from research centres has been positive. We know it works, It's just a case of waiting for FDA and bigger samples, e.g. clinical trials. Which we will hopefully have in the next 7 weeks
Completely agree with you, I think we'll have a good rise after the ovarian results and then FDA early next year. Can you imagine what the share price would be doing today if we'd had 450000 sells and only 14000 buys! We'd be down more than 0.56% :-D
Another good RNS out
The same resolution was passed a few days ago at the LEG AGM. And looking at their rise today, it doesn't seem to have harmed them.
Share buy back complete. I'm pleased that's all over now, maybe now people can concentrate on the progress the company is making.
Those last 2 trades are me transferring to an isa