Member Info for threeputt

Or they kick the can down the road again and want more time for due diligence ?

So much for strategic reviews:

Apr-21 the Company has in place a 5-year Strategic Growth Plan -

how's that going ?

Final results 2020:

Accordingly, the Board have set its key goals for 2021 as:

1. Improve ratio of enquiries received/quotations issued by number and quotations issued/orders received by value;

2. Increase product portfolio and sales achieved;

3. Secure at least one more long-term managed services contract;

I take it 'Secure' is markedly different to 'rollout' then

4. Deliver a year of double-digit revenue growth;

how did that go ? well it went from £9.95m to £7.05m lol

5. Deliver another year of significant recurring revenue growth;

'nope' unless you're counting these small orders as 'significant'

6. Deliver a material improvement in profitability;

you're joking right ? the loss increased from (£0.6m) to (£1.92m)

7. Deliver a sustained and material improvement in our share price

now that's really funny

For anyone foolishly buying into the Docs bullishness here I would suggest you look back to his/her posts on WSG which go back to about 2021, I was bored enough to and the posts around 2021 are quite enlightening, there's a post on 3/9/21 professing he/she's about £10k up at that point when the sp was 5.21p and equally bullish. If he/she has held all of it through that time he/she is now losing, I would expect more likely is that he/she sold at the time and has now ploughed the profits back in hence the recent bullishness.

So which is it Doc ?

Maccers "i'd encourage you all to go to the agm"

but that's part of the problem, several of us went to the agm might have been 2014 not sure, they were very persuasive and smooth and bullish and assuring us contracts were just a matter of signing off in the countries involved and fooled the lot of us. Phrases like 'head of terms signed' were used even back then for contracts that came to nothing, and never have

Well done on CPX, I made the same killling :)

Ian, because I made the mistake of giving them the benefit of the doubt (again) since we hadn't heard anything to say that DRC hadn't started, I should have trusted my gut feel

That's fair, not sure why they would focus on revenue in the rns then ?

Its the "day 1" that remains ongoing then (since September 2021)

The answer to this one btw was 2021, yes thats September 2021 folks !

"Re DRC

"The contract includes a 90-day transition period to allow for operational planning and recruitment processes to be completed. Operations are therefore expected to formally commence in September ****""

Cos I keep coming across this unchanged sentence for every rns I look back at:

"the 10+ year contract is expected to generate revenues of circa US$10m in the first 12 months of operation alone,"

every time, but when ?

And I don't ever see any mention of profitable revenue from it either, doesn't that matter ?

Maybe but when Doc ?

Or how about this one....

"Regarding the potential international airport project in East Africa, following several months of detailed discussions with the airports authority and ministries concerned, I am pleased to report that Westminster have now been formally invited to commence final contract negotiations by the end August ****""

Re DRC

"The contract includes a 90-day transition period to allow for operational planning and recruitment processes to be completed. Operations are therefore expected to formally commence in September ****"

Big, Linton will probably win this one although his last estimate was somewhat awry...

I recall it, I'll go with 2022

Ian, "PF is adamant another is coming", not sure 'adamant' concurs with the 'hopeful' line in the rns.....

"The Company also advised the market that it hopes to finalise an additional managed services contract in the near future"

And in the unlikely event they ever get this going I can double, treble, quadruple etc the value I sold at if it's a good trade. I suspect however on that day I'll still be able to buy in far cheaper than where I sold my majority.

"Its africa, its again took a bit longer"

'what do you mean 'again' ?

You mean 'if'. No still on the same line, the same line they've been on the last 10 years.

"DRC will be producing revs soon"

ah 'soon' yes I remember that oft word used in the past with fondness

Ok looks like I read this rns wrong, shame as I'd been keeping a keen eye on an entry here and may have missed the boat it seems. GL all

Am not so sure, they don't say ahead of expectations they just say ahead of last years pbt which wasn't very much. Masked profit warning imo