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Hi euan, yes more RNS's would be welcome but RNS's, say a couple of years ago, didn't need to be particularly meaningful to be announced compared to todays situation. As we grow so the number of deals/agreements is also growing and each individual deal is less meaningful. It's a good position to be in.

The most important RNS now is last years trading update! say next week?

Hi saintly, it's all now down to revenue. The last major bottleneck re Leonardo appears to be gone. Long term holdups have been sorted. If the orders come in and the revenue demonstrates a persistent growth then all is well.

PS. Perhaps somebody does know John - but they're not telling us !!

Nobody knows John.

We certainly do seem to be expanding. Now 4 on the Board. I wouldn't mind betting Tim Corn could provide a transition path to COO. Which may mean a fifth BoD director later this year. A lot of irons in the current fire. I would think we are an attractive employment proposition

Jim Millen does a very good job of foreword planning . I don't think he's over hiring. I reckon this year is the one where the strings start coming together. Very very pleased.

Hi stick. The short answer is none! We have already sold 3 complete Domain systems. There is obviously various tweaks to both software and hardware but these are just ongoing costs as would be expected. We've been selling the Transponder kit for many many years and so there are tweaks there also. The new Nexus project development cost (some 3 Mill I think) were spread out over the last 2/3 years and it is now readyish to rock. Now we have hit profits there will be no problems. Which brings me back to two new domain systems to underpin the next financial year - oh yes we do need those!

A little pessimistic perhaps pedro - we have a fairly fixed cost base which means that increased revenues feed into profit once the cost base is met. As an example the interims showed a revenue increase 10% and a profit increase of 66%! That jump is not going to happen all the time of course!

This financial year will be our third profitable year. We have a visible increasing income stream based on (A) new customers in existing markets and (B) new markets opening up. The SP may be high to reflect this. After all - what could possibly go wrong!!

It all depends on timing! Last January we started a $40 Mill contract which has been accelerated and should complete within some 18 months. This provides a good base for this years accounts. We also signed a small contract to complete by March and this is supposed to be the start of a lot of similar small contracts. The transceiver business can sell as much as the shortage of 'chips' allows the company to make and the order book is growing.

What we really need is a couple of Domain contracts to anchor next years accounts. The chip shortage will apparently ease as we head into the next financial year. So with the back order book growing and Nexus on the horizon the transceiver business could be set for a record year. And don't forget previous Domain customers often look for expansions and upgrades.

There is a contract valued at 160 Mill - now that would be a bit of fun!

If you read the article it ends by mentioning the particular mutations the cancer had and this highlights Prof Juan Valle comments of the importance of personalised medicine. This is smack bang where pyc is.

Yes niki = I expect the reason for November y are the two delayed payments from last year. As usual when we get the full results my interest is - as always on the current year section. I think it will be positive and encouraging. Onwards and upwards is the cry!

You could well be right joaung1. Perhaps a little early but we have strong cash growth that is highly visible and a fixed cost base. Next year will be our third profitable one - time will tell of course.

Article in the Sunday Times said that the Pound has fallen some 10-12% against the Dollar. As we invoice in Dollars this is a major plus for us. We will be paying more for components and manufacturing but will really gain on our margins. At long last something in our favor!

Yes even a 'token' divi gives a lot of publicity and shows BoD confidence. They could even announce an intention at the next interims - all is good publicity!

Just read that the £ has fallen some 10- 12 % against the $, quite a little boost for our state side earnings. As our half year profit was 1.3 Mill against last years full at 1.63 Mill I wonder if the D word for divis will be mentioned!?

PS. I've just read that this year the £ has fallen against the$ some 10-12%. around half of our revenue comes from Virginia so another little boost.

When I've exercised options I've only paid tax ( sale price minus option price) if I sold the at a profit and was over my CGT allowance. Mind you this was from a different source - SAYE schemes.

Lets hope you're wrong Ritchie! I've just reread the October update and there's a couple of financial events in the energy sector that are expected early in the new financial year. My guess is that this is the reason for the delay. Understandable and also frustrating. But the update was worth the reread - pretty positive.

It's a cracking story GLT. You can't go from nothing to where we are today in 7 years without a clear plan that is well executed by a good BoD.

I've said before that if we can demonstrate our ability to replace our Covid revenues with 'core' products then all will be well with the SP. To that end I would like to see quarterly revenue figures published. I'm pretty sure we are growing revenue all across the board.

As usual time will tell.

I've spoken to Hurd at an AGM and he seems a practical kind of guy - as you would expect of course. If we sign one contract before March and one in the first quarter of the next financial year and add in the transponder revenues then that's the next financial years revenue sorted! Not many companies have that visibility.

Hi Hardboy, I think we are on the edge of great things and while you're right re the timing of milestone payments this will become standard fare as new contracts are signed.

There were three things holding us back. 1. Is the various governmental bureaucratic delays t 2 Was the Covid delays which compounded the governmental delays. However both have combined to create a backlog of approaching contracts. 3. The 'chip' delays which, although we have increased transponder revenue, has in fact also created a 'bonus' backlog order book. Once the 'chip' shortages decline we will have increased order book income plus the new Nexus.

The good news is that this years revenue to March is in and we have some 15 months to build next years revenue. We only need one new contract before March to improve the SP. The current MC is 85 Mill and the potential in the VSP is far greater than that. Buying and selling is all about timing and if I'm right below 50P will seem a snip in 12 months!