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Hi Richie - a good spot. Yes it seems pretty much a given that the coatings are superior to most other coatings but I'm not too sure why we're not starting to get the revenues up. O & G must be on the up and the planes are flying again plus the turbine blade coatings should perhaps have been increasing to name just a few. Fortunately as our revenues are largely US based the weak £ shouldn't be too much of a problem. We'll just have to play the long game for a bit longer I guess!

Thanks for the link niky, It just shows the lead times for HDD - 3 years to get to a point where we should start getting business. Not too sure when it will become meaningful business but as the song said "what's another year"!

Hi redjester, I'm afraid todays investors are sitting on their hands - as the Auction Houses used to say! Once the full year's figures are released the obvious high percentage of profit growth compared to revenue growth will become apparent. there is of course the ' stigma' of being a gambling stock which may reduce the MC but not the eventual divi's. This could become a high cash generator anyway as there's not a lot of debt and plenty of losses to offset tax on profits.
Interesting times ahead methinks.

My purchase at 9.45 shows as a sell at 4.685P. With an 11.11% spread perhaps there all buys!!

Indeedy yes - all we need now is a new MDM contract before Christmas and we can truly say we're on our way!

Hi hectordog, yes a good point made, thanks for the link. As is said - periods of recession/downturns can produce new innovative solutions. Traditional construction costs are going through the roof (pardon the pun!) so modular construction has certain advantages in that the materials used are reduced to a mere handful or so. Dominic Redfern has, according to the RNS, has invested $6 Mill and 16 years in this and we have an initial 3 year contract at E114 Mill. So while this is a start-up it is a start-up with a bit of pedigree. Our slice will be smaller but the pie is bigger and has really good growth potential. I'm impressed with the scale of the RTO - far greater than I thought.

Er well yes there is a business plan! Seems a bit more ambitious than I first thought and looks good on paper! It was the appointment of Sir Mark Grant that led me to be hopeful of success. Not out of the woods by a long shot so far but wow if this takes off!!

Hi john, We might just make it here as an actual business! . Re the litigation as I've said before the fact that we've achieved a no win no fee deal means a smaller net payout but greater certainty of success. A good start to the week!

I emailed Annie Wills of Yellow Jersey this afternoon re my inability to be available at 1300 Hrs. and asked if there was recording to watch later and she replied no, but she could send me the presentation slides. I thanked her for that but said I was disappointed and she has since replied and said she spoke to Mark and they would see if it could be recorded and put on the company website. Don't quite know why they didn't think of that before but full marks for the recovery.

Very positive. The 2 year Covid hiatus re MDM is well and truly over. The transceiver business is struggling with component issues but so is any competition. Sorry to see Nexus delayed but worth it to get it right.

My take is that the Ist half revenue this year will fuel expectation of the full year's figures and that expectation will be achieved. By the time we get to the following year, component issues will be reduced and Nexus will be the driver for transceiver growth. The MDM contracts will then be on a more frequent basis with the attendant data sales and top-ups.

Our MC of 50 Mill could easily be quadruped within the next 18 months or so and then the sky is the limit!

HiHardboy, Yes judging by the AGM update the SP will rise today! The AGM will be podcast live as in the first AGM RNS and available later on the copany website anyway.

Er, no I didn't actually.

Good steady growth across territories, revenue and games and the first 2 months of the second half set to continue that. I didn't notice any divi mention but I would like the Gameses debt settled first anyway.

I particularly noticed the profit increase in relation to the revenue increase reflecting our largely fixed cost base. It's onwards and upwards for me!

As I've said before - all our YGEN SP has to do is show how our past high Covid revenue stream will be replaced by our 'core' revenue streams. Demonstrate that and all is well!

Hi Davand, We took on extra employees during Covid but have since reduced numbers. Not too sure where the fat and waste actually is?

Hi john, I note your suspension experience re Norseman but this one is somewhat different i think. My guess is that Norseman had little option while Fox's suspension is deliberate and has a fairly comprehensive business plan - not saying it's wonderful mind! However it does encompass a fund raise, an acquisition and a share consolidation. One month to go now.

I'm unsure re energy prices or indeed gas and wage costs. However because of our USP and high margins we do have some wriggle room to both absorb and increase basic costs.

I thought the July update was a little down beat. While some things are going slowly nothing was made of the strong $ and surely O & G business is increasing? You would also think airbus business was building up a bit. The then lack of any news see's the SP slowly drifting down. Lets hope one of the programs in testing converts to sales soon.

Some 2 years or so ago we spent some 3 years in the 10 p level. It's just a question of revenue growth as there was an article or two about online gabling being curtailed due to world wide rescission.

Don't see that as to much of a problem for us as we are constantly adding new areas. So good figures for next year and growth for the current half should push the SP up.

Could be a busy day today as well. Some reasonably chunky buys so far. This feels like a sustainable rise bearing in mind the visibility of our increasing revenue stream. I can't really find a downside with GMR. I'm still wondering about how the issue of a divi will be broken - will it be hinted at in the interims?

This is a very good decision. I'm with Natdan and Davand on this and I love Natdans analogy to 'kick the Company tires'. An open day gives one a chance to see the BoD in action - particularly if a difficult point is raised. However the informal chat with the BoD and senior management after the AGM is just as important as then they are more relaxed . However perhaps even more important again is the opportunity to engage with the 'shop floor workers' - now that can be a real insight. Unfortunately Manchester is a bridge to far for me but if anybody here does go a brief heads-up would be good.

r tyreshi Atdsn

Yes, I guess perhaps some notice of intention in the full year, with some sort of caveat re revenue , is the best we can hope for but reality says 1st half next year.

The only reason I brought it up is the transparency of our revenue growth. This is the first 'start-up company' I've had with such a visible and predictable revenue growth. Just enjoy the ride I guess.