Member Info for suffolkpompey

I emailed investor relations to ask when the next trading update will be published. They have replied and said the group are working through the audit process and a detailed review of FY2018. This work. Is expected to conclude at the end of Q2 and will form the basis of the next update to the market.

So there we have it, news by the end of June and probably quite a bit of detail to chew through.

So I suspect we will now see a continued fall down to 75/80p followed by some large buying activity mid June onwards.

Isn't it! Almost like some are wanting a lower price to get in before news...

We are presently trading at about 125% of the value of our cash held, as soon as any trading update reveals our profit (assuming there is some) margins then we'll rise quite quickly.

It's worth noting that the recent granting of options for the FD are not due to vest for a good while though, which does suggest theres going to be a longer road to full recovery than some might want.

All in all I'm hopeful that we will see some significant increase in share price over the next 12 months, mainly due to the small number of shares in free float, though a proper rerate i.e £5+ share price is a good 3 years away.

We need to be realistic here but I think with time there will be a lot to gain here.

True, I have just emailed investor relations to see if they can advise, if they reply I'll share the response.

Last year there was a trading update on 17th May, so I may have found the answer to my question.. Looks like the next update will come within two weeks, not long to wait now.

Will the trading update materialise?

I wasn't saying that would be the profit made, was a hypothetical question, if we made a profit of £8m what sp could be expected?

Say we were to have a projected profit of £8m, what share price would that support?

That should be good question not goo!

Goo question. Maybe to stop buying so that mm's can make even more money when our next rns lands. Or maybe because there's low trading volume. If the latter then the spread provides no incentive for people to trade so I'm guessing its the former..

Cheers thanks for that

When is the feasibility rns due to land?

Afternoon Wong, I was just reviewing the closing trades and thinking exactly the same as you. I wonder if we'll get the news this week..

LOL lets hope bobby kalar is gandalf and works his magic quickly

Tomsie - it is expected anytime from now until the end of the month. Last one arrived on the 30th Jan.

Do you still have shares in MTMY and if so what price are you holding out for?

If we get £3 I'll be very happy, just hope we get some clearer information regarding profit margins and that they're decent, this will then fly.

What I really want to see is some continued but steady rise here over the next few weeks, we could do with any rise being sustained so that any placing is at the highest price possible and subsequently dilution is kept as minimal as possible.

I just bought £1550 worth with HSBC and even that went to NT though was executed about 15 minutes after order placed.

As far as I can see it looks like there's nothing left here.

If you google "fca investigation statistics" they have a page outlining average duration of investigations..

https://www.fca.org.uk/enforcement-annual-performance-account-2015-16/14-enforcement-statistics

Average in 2015 was 2 years+