Member Info for TruroTrader

Indeedy Latino. Nov 2017 sold some for 27.5p. But it was a real spike - A one day wonder! I wonder who bought!

Hi Taser, GMR does indeed have a largely fixed cost base. We don't have to buy stuff and process it and then sell it - all we do is produce games and then license them. We do produce other games apart from Slingo but Slingo is becoming almost a genre in itself.

So wages is one of our main costs - not raw materials. Our head count is increasing but not excessively. We will see steady revenue and profit growth as we extend into new states in the US and other Countries. We also link with new parties in existing territories.

What the increasing revenues and profits will do the SP we will see in due course. But this company has a massive future ability to generate cash. Dividends may well be a main future attraction for investors here.

Utar - stop being so pessimistic. The rise may also be next week!! If so - Woo Hah!

Hi John - Err well sort of. It's actually Euros not Pounds. My mistake but still better than nothing!

A bit of a bolt out of the blue! Sort of doubles the cash raised by the Loan Note re the RTO. Could this be the catalyst that gets the new company over the line? Is there gold in them thar hills?

Thanks niky for the link. As this testing is the result of previous testing I'm guessing we'll get a favorable result. As the length is 5 months we could even get an order this financial year! Not betting on it but should get something next year and beyond. Perhaps a small string to the bow at first but hydrogen energy does seem to have a future.

The numbers are going to be impressive I think. I've just revisited the interim results and comment on a couple of figures. The first half profit is greater than last year's full profit figure. Last half year we launched with 11 new partners - this half year we launched with 26. The SP is going to rise.

Only a couple of months to a trading update - wonder what the company will do with the profits? Debt reduction, dividend, bit of both? Interesting times ahead.

Hi extrader - you seem to spot stuff! I've just reread your 23rd of May post re Quad. But the time Quad get themselves to a tender stage (2-3 years if they ever do!) then SRT will be the only game in town anyway. All is grist to the mill!

Quite right Starman. Come the next financial year we should develop a steady flow of contracts which will attract both follow on orders and recurring Data Sales - never mind the transponders! Because we don't manufacture, and therefore not need the premises, we only have to facilitate the onward forwarding to our installation partners around the world. It's a good business model and our costs are never going to be high compared to our revenue.

Come on now, own up - Who bought three and sold two!?

Well impressed. How does ST do it? What a professional performance. He has such a grasp of the current situation plus the ability to look ahead. He has himself said he is sometimes too optimistic - let's hope his optimism re new contracts is justified. Announce 2 systems contracts before the March year end and the SP will double.

Quite right hardboy - I stand corrected! We are increasing head count and when I was at the 2020 AGM there was talk of increasing warehouse stock but we don't hold much equipment so costs will rise more slowly than revenue. Debt of 6.9 Mill should not be a problem to clear in a year or two and then roll on the divis!

HI Laura, I have never been brave enough to ask to quantify this "Poster". I just thought it was a vague sticker?? Interested to hear the replies. Many thanks.

Good news given. Good chance I think of making a (small?) maiden profit this year - icing on the cake would be a new contract this calendar year but not crucial to break into profit I think. Interesting to see tomorrows presentation with perhaps a further SP uptick with a new audience? Might get some figures as well!

Hi Starman, Not too sure of any benefit to the Coastguard from SRT products re illegal boats with no AIS. However, you would think, that both the Webcast and the Presentation will have positivity to encourage a further SP rise. Three years ago we were at 55p but a couple of months later this had halved. The situation is now totally different. The new small contract is actually a free bonus. I would like to see a VSP contract with a milestone payment before the March year end. I think this would guarantee our maiden profit. The VSP should then guarantee a conveyor belt of contracts for future years.

According to the Fox website Fox was delisted from the FTSE Russek index on the 1st of November. No idea of the significance of this but doesn't seem positive!

I'm very optimistic re this new contract. There is a £1 Mill contract in the VSP so this is less than that I guess. However it concludes this financial year so that helps. But more importantly it is the lead for other governmental agencies. The advantage of this is that maybe each agency is able to approve its own section and that avoids a full governmental approval and the associated bureaucracy that goes with it.

Every contract customer has always come back for more and the Saudi one ordered more before the initial one was completed! This latest one seems to be the ultimate in this respect. Good revenue for some years I guess. ST's webcasts often give the SP a bit of boost and the one on the 14th will be a positive one - onwards and upwards folks!.

Thanks for the links guys - seems a pretty high powered event even if a little expensive? Looks like we're playing with the big boys at last which can only be good.

Every coin has 2 sides and you appear to focus on the negative side. That's your choice but not mine. Not too sure why you hold here but Hey-Ho, it takes all sorts.