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Looked more into that RNS the other day. Most telecoms companies would sell multiple agreements like this each month. It’s nothing to shout about and naff all revenue.

They need to make some moves and for me it’s a gamble. Current business model is challenging

Recurring revenue up 71% - that’s some solid foundations being layed

You could say so

Agreed, but it’s the value and opinion that carries significant weight

It’s always a a good sign when you see these coming in when the price is low #confidence - it’s time to move back above 100

About time! Nice win and hopefully more to come.

There needs to be some positive forward thinking RNS here to get the share price moving!

Up she goes :)

Yeah, this does look primed tomorrow. Hopefully a 2%+ day!

what we thinking? been good to watch!

slight improvement on the average price... happy to hold.

Great RNS today! Up we go!

Long term strong out look. Done first entry today, more sitting on sidelines. Waiting on rishi news ref stamp duty as may get a lower price of short term doesn’t allow stamp duty.. that said, it’s a got potential for breaking 140 in 2021

Pulled back for nice entry

Just seen the news today, I always get concerned about “good news” coming out the day before results...

That said, brent price is up, USA finished higher and in the spirit of a spike I have my fingers crossed. It’s at a very good price with allot priced in so hopefully we move above 280 over next few days / tomorrow

Buckle up

You only have to look at the chart to know this has good value at these levels. All priced in, basement price imo. Entered this morning

I know plenty sub £10m who have sold for multiples of 6-7 times ebitda. I know of several over £20m who have seen 10 times.

I know this particular ratio because I own a telco that turns over £5m and know plenty of owners who have done well selling up or part selling into a PE house.

I feel confident investing here, it can’t much lower and should rise. each to there own, it’s play money / hobby for me so not heavily in.

imo , knowing the sector, if they can sustain profit this sector will fetch 7 - 15 times PE. That said, at £4m Mcap, its a bargin.

The only risk would be if the debt provision has already happened, or its a write down now, to set themselves up for the future.

Basement pricing, should see this rise up to around 1.3p quickly imo .

is this being kept down for a placing? is this needed by the company, this is on my radar today as i know sector well.