Member Info for Thordon

John Gunn minced Octagonal shareholders in delisting - Note same directors that hold here.
By the way Octagonal was being charge with the help of SFO in America , hence the delisting.
Run off with the cash , Octagonal had warrants and options which they used when share price was high and guess what they made a mint.

2nd of September is last update on financial , would of expected a trading update at least

TruroTrader please read there breakdown cost for TP Group , if it was not for marine business £5 million dividend and £2 million admin cost then the other company's are loss making
Simple
If we sold the marine business in a few years we be insolvent

Just feels like we are heading back to 9p again , no update , no profit and no direction
need sales team not research or lawyers
Still need research but balanced sorry

Yep if price drops then will buy , target 3 years to be good
Long term as always

40p my price target only for to release capital , still hold then 4/5 th of shares
Very long term here

Not really a company going backwards , that's two fingers at the shorters

Do you want to know Proger's 2020 financial data and forecasts for 2021-2022?

The Economics

In recent years, by offering integrated services in different sectors, Proger has managed to consolidate its role as a General Engineer able to adapt to the variability of demand through a multidisciplinary approach.

In 2020, the Italian SpA alone will show a turnover of around 83 million euros (compared to 89 million in 2019) and a Group turnover of around 130 million euros.

The slight decline recorded in 2020 (-7.3%) has been caused by the postponement of some orders to 2021-2022, due to the COVID-19 pandemic emergency.
Nevertheless, the company was called upon to play an essential strategic role to face this emergency by providing services in the health, energy, transport and logistics sectors, as well as procurement of medical equipment and devices.

Also for this reason – and for some recent acquisitions in the maintenance engineering sector – a strong increase in revenues is expected in the three-year period 2020-2022.
The turnover forecast of the Italian Spa alone stands at 128.7 million in 2021 and 130,6 million in 2022.

The compound annual growth rate (CAGR) is expected to be +13.8%.

The contribution margin will increase from the current 25.6 million to 39.9 million euros in 2021 and 41.1 million in 2022.

EBITDA will go from 8.6% (2020) to 15.5% in 2022.

Link informations: hxxp://www.proger.it/en/gli-economics/

Here you can find a presentation of Proger Spa & Proger Group, the Shareholders of Proger Spa and a Diagram of Proger Group:

hxxp://www.proger.it/en/la-societa/

What do You think?

Market cap of £26 Million with cash reserves around £10 Million , mad market price

Welcome the green point , just the 13% of returns do not make the justification. Invest in Europe and the returns are 22% gross profit.
Think all oil company's trying the green approach so can raise funds in the future

Bradley123 when you buy shares its not that simple , taken me nearly two years to dip in and buy.
In this case was fundamentals , demand for product and steep rise in sale per six months.
So you buy into ITX and share rises fast but in your research you know its worth more , to me this is a share that can not sell and in brief can say why.
Why - when it breaks even there only one why to go , it has a unique 8 products protected by a IP and all dishwashing detergents, hair styling products, and deodorizing cleaners will be made with these products in the future.
Can see a mayor player buying a slice of the company and one that does not use there product yet , why protection at this company price cheap as chips considering the valuation.
Also a recap on cash and money in the market if theirs a crash . when you invest its in shares not money and therefore protected in the long term its when they panic and sell for cash.
There's a lot of free cash about , its always good to hold 15% to 20% in times of share drops mind you have invested all as keep finding good company's.
So far made 50% this year and that includes one company crashing 86% in value and was only one did not research and went for it as offered 20% dividend.
Good Luck - Oh trade long - short traders only go for small rises and mostly never research just look at the dips

In-long yep looking good - still looking for my 36p to release some shares , but on reflection now changed to 40p.
that's mainly due to increase news and Totally now on good footing.
have a another share that will interest you one with massive upside , still half way through checking the RNS and pod casts so will update.
On another note Loopup notice getting negative press from bloggers , the shorters still in at 2.1% and suspect that theres a time log till this ends. Paying bloggers to keep the share down and not to mention MMs.
ITX is a no brainer glade you invested , cheap as chips had a dip but was expected.

Maynard Paton
@MaynardPaton
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So a paid knob , makes you wonder so many missing pieces in his report , debt - cash in hand - $80 million over two years of clients from Microsoft Teams etc
The Shorting that still in place 2.1%
Every-time it rises or more buys then sells the price does not.
The 60 Million shares bought and sold in over one week , but no mayor shareholders sold out.

Did give me a chance to rebuy so thankful of that , will add again on free cash flow soon.

On another point do love Gamestop piece

Can see the merits invest till the drills expected next year , leverage then can be made on assets that they hold for debt raise for the drill program if needed.
smart target , again this is time driven as always
still looking to add more in summer , for now anything is a bonus

Its a buy Bradley123
anyway good news , positive and new update on brokers forecast

Maybe not as UK could class this as national importance to security , theirs growing feed back regarding dominance of sectors and need to have competitor's not only here but the USA.
A tactic used to full extent of rivals to weed medium company's out.
good points on the massive drop in shares a total mystery and does not make logic , anyway read the RNS and the blogs plus jobs advertise and guess what not a company going backwards.
In fact shows strength , go to hell shorters 2.1%
Maybe a investigation but doubt it also the broker was not helpful in there forward future earnings and makes you wonder.
Now theirs a conspiracy to think about.
Money talks

Reading Law this is a past case and set in law , the arrangement's are that time has past and for claimants and in order to set this in stone a new vehicle ( company ) will be set up to address if there are future claims. This also has to be advertised as setting out the terms of new claimant company in case they wish to claim from amigo prior to new Vehicle.
Its so going forward once in place Loans can be given without knowing the company may be liquidated.
standard common law practice same happened with PPE , by taking a loan all points must be shown to borrower if not then a claim can be made.
Anyway Amigo was small to middle shark , there are company's out there charge unreal amounts of borrowing , as listed gets targeted.
The management have invested in shares , that's your point of comfort.
Bad investment by me , will not sell as take it as every time log in my account have minus 84% or more.
In some ways given me good luck as invested in green stocks after this and up in 4 stocks nearly 120% collective.
Good Luck

Champagne may be but a long wait till that time , late summer should have time table for drilling until then park up in the lay-by.

Would like $1.7 Million or more , suspect the RNS to indicate a rapid rise in forward demand.
That would be the ideal outcome , brokers do not like to get there facts wrong

Ian.B think your find a RNS coming soon the ramp up in blogs from Loopup indicates this , also a fellow chat host emailed the CEO and indicated a news flow will be coming end of Jan to beginning of Feb.
Anyway looking at £10 million pre tax profit with the usual tax loses to be added.