Member Info for TheITCrowd

Someone just paid over the offer price of 1.25p. Perhaps the market it cottoning on to what this little company is all about.

Guys I forgot about the Divi. If they make what I am suggesting then they could be paying a divi of £500K or 10% return per share at current prices. Capital growth, 10% divi and a very profitable cash cow, what isn't there to like?

Surprised there isn't more interest here. I would expect a trading update before the end of April to advise how the full year to the end of March has gone. The interims had a net profit of £139K but this was after £470K of one off listing costs. So half year was actually more like £600K. It would seem that the second half should be better than the first so a full year profit of £1.2m to £1.5m less the one off £470K does seem achievable. On a P/E of say 12 this would give a valuation of some £14-£18m which equates to 3-4p a share. Add to this the cash in the bank and, in my view, we are very undervalued here.

Can buy just below the mid price @0.85. Recent director buying at 1.2p suggests this could be a very good entry point. COMs directors did the same and bought at 1-1.4p recently and after todays news they are 1.7p. Update and results expected soon.

If the seller has finished then this should be possible over the next few days and weeks. Some director buying wouldn't go a miss either. Mind you, if there is news in the offing them they can't.

Can I ask who found out and from who. Was this in the last few days. I would like to attend his funeral but I don't know who to contact. Thanks

Steve was a great guy and like many on here I have conversed with him on email and on the phone for many years. I visited him in Cyprus a few years ago, had a great time. He did like his girly bars. RIP my friend you will be missed greatly.

I think the silence from this and ADVFN boards tells you that someone knows something.

Dr_I I think you are right and perhaps this afternoons rise is just the start. If nothing else it does feel like the next leg up, perhaps to the 10/11p area. We shall see.

Yes it looks like whenever RT buys a large block sell comes in to the market. Take for example that 250K sell at about 1.25pm this afternoon. However given what is unfolding here I don't think even the large holders will want to sell too many too early.

to take place between PI's and RT for any remaining stock. MM's are walking this slowly but I think they will need to get their skates on very soon.