Member Info for testpack3

With respect Trio, this is a naive approach to investing. If you are invested in a co that fails to win a large contract in a competitive market, and that contract is say 5-10% of available market, then sell all of the holding. On the flip side. It it wins contract with same parameters as above, then sell the house, live in rented, and buy the co with all the cash you have. Market forces tell us one thing. No company will achieve market domination and all the other players go B/K. There may be a dominant player, who may gain above market expectations, but not on the strength of one order. btw. I find the ramping of bakky a little OTT. He is saying he has conversations with the CEO of SRT (ST), and that he has divulged information that the co is well placed to win the Indian contract using ABSEA, and that the the relevant authorities are in 'cahoots' with Earthexact, and that ST is confident of winning tender. This has to be fantasy, since it is in breach of numerous Regs and Codes on AIM, and leaves the CEO to be accused of supplying information to particular investors before issuing rns, ie. Insider dealings. If I had the ear of a CEO, and he gave me a 'nod and a wink', the last thing I would do is spout about it on a bb. Naive. For the sake of my investment, I hope all that bakky says comes to fruition, and I hope the AIM authorities do not read this bb.

I has a Mandarin speaker check out the website over the weekend, and he says it's a good site, with new products, offers etc, etc. Again, a dummy purchase was attempted, and would have gone through. Another nice rise today of 8% on a ridiculous low volume of 40K shares. It's not a 'miracle' yet, but there is some confidence, and positive sentiment in the stock, - doubled in 2 weeks. I'm sure there will be some profit taking - why not, but will repeat again, IF it pays 2p or more divi in April, then the miracle of 40p ps will be a reality!! Usual AIM stuff, exciting when we do not know the facts. I did buy a few more (£1K) at 14p, to reduce my av, sp, and am going to hold 'til April and the divi or no divi. Good stuff. All in MHO of course

The link stated 3 AIS systems were evaluated, and the 'free' chosen one costing £177 is, presumably, not SRT's. I am not so sure the ABSEA is Earthexact, since a link posted last week stated 'Indian' satellites.?? I'm not de-ramping, since I'm a holder, but would like clarification. There has been no rns from SRT re; this link announcement, and I suspect, there is no revenue for SRT at all from India. All in MHO of course.

Well CS, he would def, have to put a positive spin on the issue, but the remark ' would not have been fair on s/h's' is welcome, and shows he has an interest in us, which is contrary to majority of AIM shares. I did raise doubts about the pricing of the warrants at 16p at the time, ( i think the sp was 14p). It now represents a 60% rise, so, come on guys, work for your warrants, - and us. GL all

Why would Zhang want to take it private? My biggest concern is this - Is he telling the truth in all his statements, particularly, £36M in cash, and Company is committed to Aim listing. He is unlikely to lie about one, and the other is the truth. They are either both lies, or both the truth. Regarding Cys comments earlier re; currency rates and exports. I have never read in any rns that co exports. It's clothes and ancilliary items are out-sourced, and as far as I am aware, in-house products are shoes. So, returning to de-listing. If the statements quoted above are lies, then it is inevitable. If true, then future growth plans may include the building of the new factory, with clothing an in-house product, exporting, opening shops in Russia, Japan, USA?. This might need capital, and if statements are true, sp will recover to 60p, and raising cash from AIM will be more beneficial to Zhang than raising private funding in China. As I have repeated ad nauseum, this share is all about believability. btw. I thought there might be a pull back in sp today after yesterdays 40+% gain, but no, up a little. But why the massive spread by MMs Would welcome any thoughts on this. All in MHO of course.

Well Bansman, the spread is huge, and puts off majority of punters. If they tried a dummy buy/sell first, they would see the spread is not quiet so bad. The BOD has stated waiting for suitable investment opportunities. I do not think R Griffiths is kind of guy who wants his cash sitting around doing nothing. I am hoping there is a un-listed company that ADA are ready to bring to the market. Saves all the trouble and expense of an ipo. ADA may go boobies up, but may surprise us. The last shell that I bought into ( a tip from a friend), was a small hire company, and a reverse T/O by a pharmaceutical company saw the sp go from 7p to £1.70 in a week. It was 20 years ago, and I only had £200 in, and took out £5K. Here's hoping. But as always, it's a risk, and only gamble money you can afford to lose.

So shareaction, you are calling Zhang and his fellow BOD liars, in that it has deliberately mislead shareholders in order to attract investment. If the co's. Registered office is in Uk, the BOD can be personally sued through UK Courts. Although extradition would be extremely unlikely, travel to Eu, and any other Country with which UK has a treaty would be v risky. Good fun eh. Roll on April and the divi - or not. It would need an Houdini act to answer the questions if no divi paid, since as u rightly say, it would cost peanuts c/f to alleged cash at hand, And since the new factory is postponed, cash burn is minimal, and it will still be in a +ve free cash flow position with only a 12.5% downturn in orders received from distributors. Is it worth another punt to bring my av, down. The adage throwing good money after bad comes to mind. Hopefully, The Triads will get him if he's a scoundrel - lol. Take care and good luck all.

A few mistakes there shareaction. First, Zhang said he wanted s/h to take scrip, and that he would take cash, since taking scrip would increase his already substantial %age s/h, and he did not want to give the impression that he would de-list the co., and take it private. In the end, few investors took scrip ( 600,000 shares), and Zhang himself took 60% in scrip, and not cash. . No, 2. Quote; As for the argument that the company would benefit from saving cash, speaks volumes as they here implicitly admit that they have got very little of it' Today co said it has £41M in cash, and in my book, that's lots of it. Is it believable though, that is the question, and in part it will be answered if a divi is paid FYR.

Very true backy. I was erring on the pessimistic side. If u right in the numbers, and say 50% to SRT in recurring income, in 5 years we would need Absea for the boats we could easily afford from owning the shares. lol

I'm not a premium member on Linkedin, and therefore am unable to view Simons profile. He appears to be a 'youngish' chap, with many years ahead of him. I would hope he would realise the potential of the co before selling out. With millions in the bank for most people under 50, after u have done the 'usuals', life can get boring, without the buz of day to day business. He will soldier on and make it a £200M company? btw, on linkedin, I saw a 'foto of Claire, the S & M ( No, sales & marketing) Manager. She could sell me anything. lol

The audited A/c last FY showed £48M cash in hand or at bank. The £10M 'invested' at 3% is not needed to 'run' the business, since it has always reported positive free cash flow. For all the newbies to the board, I did suggest to Mr Zhang, via Abchurch, that the co., to invigorate confidence, should either implement a share buyback scheme, or return to shareholders, by way of a special divi, 30p ps, costing £23M, or half of the cash at bank. Mr Zhang himself would have personally benefited to the tune of £15M, since he owns 65% of the shares. . Abchurch did reply, stating Mr Zhang is happy with the way he presently runs the company. The co paid 4,3p cash ps last year in divis, and with the stated 12.5% downturn in net profit, still leaves sufficient free cash flow to pay another 2p when finals announced in April, making 4p cash for the year. It's all a question of believability. If it pays another 2p in April, at 20p sp, makes 20% yield. Is it 'too good to be true'. April divi will boost it, April cancellation of divi will tank it. Easy choice? All in MHO of course

'Surprised we do not have more posters on this board.' I posted earlier that it is under the radar, but not in stealth mode. Perhaps it is in stealth mode. It's one of those 'good, old' technology mfg companies, and not 'glamour'. The Mcap is too small for the major II's to be really interested, and trading volumes on busy days are only 600K., with a probable av, of 120Kpd. When FYR are announced, I expect to see it in good profit, and maybe EPS of 1.5/2p. I believe that will be a springboard for more active AIM investors, and possibly more posters here. However, I am a supporter of 'quiet' boards where the contributors are not trolls or rampers, and give informed opinions, rather than trawling thru' garbage. Putting on my ramping hat (lol), I can see this share hitting £2 in 3-5 years. And that recurring income, shared with Exactearth is icing on the cake. All in MHO of course.

Who was tipping? Thanks

btw. Abchurch are 'advisers' on a new Chinese AIM float (Aquatics, AFG). I posted a 'beware notice' over there today. lol. However, it's not so funny. It may be a v.g. co, and be hugely successful . One thing is for sure though, Abchurch will not have vetted their credentials. Take the ip money, and run for the hills.

buy this Chinese stock. If it follows the other Chinese aim listed companies, it is a scam. Abchurch, the 'advisers', are a complete utter waste of time. You will never be able to contact the company. Abchurch say that it has communication with the CEO, but that is probably untrue. Check out Naibu ( suspended), Camkids ( down to junk status). No replies from Abchurch to mails sent to them. Just a warning. The trading figures the co will supply will be fabulous, but all made up. Camkids says it has £48M in bank, which equates to 64p a share, sp is 12p. DYOR, and forget AIM listed Chinese cos. They have their own stock market, why come to London - simple - rip off.

sorry for duplication, but added that sentence at the end which I think is important.

using those figures bakky for recurring revenue ( assuming 50% split with earthexact), equates to $137M pa. I'm in a 'too good to be true' mode, since that would equate to something like £9 ps on recurring revenue alone. ??? Although the share is under the radar, it is is not in stealth mode. Is it 'too good to be true? And finally, wouldn't the BOD, family, friends of it, be buying in great swathes? All in MHO of course

using those figures bakky for recurring revenue ( assuming 50% split with earthexact, equates to $137M pa. I'm in a 'too good to be true' mode, since that would equate to something like £9 ps on recurring revenue alone. ??? Although the share is under the radar, it is is not in stealth mode. Is it 'too good to be true? All in MHO of course

Out of curiosity ( and my money was also shouting), I entered the website today. The last update I could see was some 'fotos of a store dated 30 Jan '15. I also attempted a 'dummy' buy, and it would have been processed. This does not rate as a miracle, BUT, it appears to still be trading, and updating it's website. I think I will ask a mandarin speaker to have a look at website and verify my conclusions. On the other side of the coin, no reply, or even an acknowledgement from Abchurch re; my mail. Sounds about right for Abchurch. On a note to myself, if I see the name Abchurch associated with any future possible share purchase. Forget It. GL all

At one time the sp was +8%, and I'm sure there are lots of 'old school' investors who stick to the adage '' sell on news''. It's a little risky with SRT since the spread is normally above 5% If u r correct, bakky, with yr read on India, coupled with possible (probable) $20M income for 20,000 units in USA, at say $1K average /unit, then selling is indeed very odd.