thanks for the post this is similar invu as revenue is around 2.5 times higher than market cap in both, both have similar profit, this looks like it should have say 500k plus profit for full year which would be great. I think i like both but only just seen this to be honest.
hi all, noticed the half year report looks good and with the new contract does look like the full year results may be better. tempted here, cant decide this on invu. Both look good profit making companies with low market caps
this is lemonades post (hope its ok to post again).
Just read the rns from October 09,
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Revenue £1.2m (H1 2009: £2.5m)
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Sales through resellers into end users of £1.6m (H1 2009: £2.0m)
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Operating loss £1.6m (H1 2009: £0.7m) before exceptional cost of £1m
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Cash consumption £0.5m (H1 2009: £2.1m)
and would you believe they were trading @ 3p back then?
only around 84 mill in free float -The number of AIM securities in issue at 15 May 2013 is 168,752,662 £0.001 ordinary shares of which 49.7% are not in public hands.
parts i like are the average sale value is now 30k which means they are dumping the small end stuff or at least not putting any time into it. Also if you take that they have say 750 - 800 k in the bank the market cap of 1 mill is silly. Surprised he didn't mention the small market cap?
market cap only 1.14 mill. Still unsure why that is, they were 30p when they were making 2 mill we now make 300 k so why not say 5p? based on the profit 6 times lower than when they were 30p. just a thought
im quoted 0.675 to sell all, granted not as much as you! cant buy any, although im happy with my hold i may to up over the coming weeks if i can at a good price.
Back in 2007 these were making 2 million profit per year and around 6.5 mill revenue. The SP was 30 p (ish) With slightly less shares but the point im making we are now around 2.7 mill revenue and around 300k profit per year. So if you say roughly 6 times less profit than when the sp was 30p that would value is at around 5p current value if you take 30p as a base figure back in 2007. The economy got stuffed but now they have a solid base I would hope they can keep growing towards the previous figures. Any thoughts?