RE: Purley.17 Apr 2020 14:50
Fox - I agree the lack of movement on any of the multiple projects we've been told about must be seen as a failure at this point.
None of us here know the intricacies of what goes on and what delays there might be. Dealing with the parts of the world that we do out of necessity, we are going to be more exposed to things taking forever for no obvious reason, or the rug being pulled at the last minute.
Things might still happen, but the longer we go without updates on things the less chance they actually happen and we are never informed when things are dead in the water. The communication could be better definitely.
However, the gamble here which I find attractive is that one big MSC would completely re-rate the company. We appear to be making the right contacts and we seem to be trying for the right kind of deals. The covid sales are encouraging as they will continue for quite a while I would have thought.
Nobody wants the SP to be at this level, I think we should bounce back up to 12-14p post results (assuming they are roughly in the range we think they'll be and we are profitable).