RE: £6.9M contract22 Dec 2017 19:37
This contract plus the new acquisition will add some 20% plus to the projected revenues for his year which are under 30 Mil. Add organic growth as in other contracts and then add revenue from new acquisitions and there is a potential to double revenue for year end 2018.
During the last couple of loss making years we still generated positive cash balances which is a heck of an achievement. I would expect a positive update towards the end of January perhaps when things are clearer. But bearing in mind previous statements about share holder value, and providing the acquisition programme is successful, I would like to predict a modest, perhaps very, maiden divi at the end of next year.
It needn't cost a lot but will immediately raise the company into the radar of a whole lot of new investors which may well have an impact on our vastly underrated MC which if doubled would still be cheap. I intend to do a small top-up when funds allow as there is so much potential here.
May the force be with us!!