Member Info for TruroTrader

Indeed Yes! These sell on the Em-Trak website at £1450 a pop. Good publicity for Em-Trak and probably a meaning full order. I think MDM had a small contract there when it opened. As I've said before - once a customer, always a customer!

Hi extrader, unfortunately the link didn't work. The transponder division does indeed do targeted marketing but the Marine Domain side has Government/Coastguard enquiries come to them. With the VSP where it is they've got their hands full anyway!

Hi Morbox, I meant to to reply to your post of the 13th before. Yes indeed this is just a tad better! I first bought here 2016 and bought in several times at an average of about 7-8p. However in the spring of 2021 I made a few sales at around 35p or so. Basically I got timing and luck on my side. The upshot is that I've taken out 11K more than I put in and still have some 27K invested.

I actually like the licensing model because the company running costs are largely fixed so increased revenue can only go to the bottom line. Revenue is a little light but it can only increase as more deals start to come through. Long term this has to be good. Cheers

Yes goodapple the name was mentioned at the AGM but the middle east country hasn't got the greatest track record. The customer was asking that although the delay was down to them could we expedite the contract once it was placed. In the warehouse the servers were already assembled and would be shipped in bulk. There were other tweaks as well. The idea was to assist the build program to avoid or minimise any UK personnel from travelling and speed up the installation on site. This was apparently going to be standard practice and although It does cost more here there is less time and less technical requirements on site. My guess is that this will enhance revenue for this financial year to March. Just got to be good.

Hi Dibs,

I did a top -up the day after on Thursday the 20th but only for 4211 shares however on the 14th I did 9500. I use iweb at £5 a trade. Would it be the broker?

Article re the above in todays Times. It is a measure of bulk shipping costs. Apparently on October the 7th it peaked at 5700. It appears to have halved in the last month or so and is now at 1570 which is as of February 2021.

This is in conjunction with both ships and containers starting to return to more normal patterns and less volatility. It would appear that the global supply chain is getting back on track.

This could be a real shot in the arm for FOX. I said last October that freight rates were the obstacle to block sales - not any more I feel. What we have is 1st class stone in a low cost environment. In addition the Joint Venture as announced on the 3rd of November has just become more viable. I've just done a couple of minor top-ups at the beginning of the week - feeling rather smug right now!

Well my wait is over. Just sold my last tranche after some 9 years because I can't really see any cause for optimism. I was pleased when David Lyndsey came on board but the writing went on the wall for me when he said he was going. I must admit the SAG situation has not helped.

I've redistributed into other shares I hold including HDD and SRT who have much more immediate possibilities. I hope I'm wrong and recovery will happen but it's so uncertain.

All the best and good luck

Truro Trader.

iq really the last

Revenue increases - Tick

Facility increases - Tick

Head count increases - Tick

Credit facilities - Tick

New partnership agreement - Tick

Oh I know what to do - SACK THE BoD!

I see green box has posted twice - bet he's moaning!

Well done GLTrader, A very well crafted post. There are far too many pessimistic complainers on this board who seem to massage their own egos rather than dispassionately comment on YGEN and fail to realise what has been achieved in the last 3 years or so. Many thanks.n.

YGEN has had

Well yes but why 15% today?

I think the sp will start to move up as revenue increases. Our MC is some £100k now. I'm not blowing my own trumpet but since Oct '17 and April '20 I've bought in some 15 times - my best was 4.79p less than 3 years ago in March '19 . My average was about 7p. I've made 3 sales last year and got back all my cash plus £11K in profit and still hold about £33K.

This is definitely my star holding and it was purely a matter of timing and luck. If the options keep the focus on the sp then all to the good. It may be that some of them are under a save as you earn scheme - if they're still around?

As always time will tell.

oreviou n ish

I think £50 Mill next financial year is probably unrealistic. If we sign no new contracts we will hit maybe £35 Mill or so and should be just in profit.

The chances of no new contracts in the next 14 months or so is on a par with a combination of boris telling the truth and trump admitting climate change is real and that he lost the election fairly.

This contract could be a game changing flood gate. I have previously posted that the next financial year report may mention future dividends. However I have re-thought this. Because of our largely fixed costs there is now a strong possibility that if future contracts come though speedily and in numbers we could declare a dividend in the '22 - '23 year anyway. SRT's time has come.

Hi Warno01, Read the notes and concluded that they were being cautious. Highlighted that the contract was not signed but only expected and that it was in phases. Also mentioned the various delays. However failed to acknowledge the length of time and depth of the discussions with the various government departments and that SRT only deal with whoever holds the purse strings and makes the ultimate decision.

Steve Moore who wrote the article does not understand the Companies strategy.

Hi seeington, welcome to SRT, believe me £24k is unusual for SRT. The traders here are mainly private. If we have any Institutional holders they are quite small. However what will become a boost to the sp will be when the IIs do come knocking.

At the moment we are a loss making company paying no divis. The majority of PIs and IIs buy profitable divi paying companies. This contract moves us into that new level. As I've said, our cost base is largely fixed and our margins are high.

Buy now folks - while stock lasts!!!

Not to sure if some of the 'sells' are in fact sells. Not only is the current announcement good for some years after the initial installation but like buses, cops and bartenders you wait for ages and then several come along at once! We hope!

This contract alone underpins our costs over the next 2 years. I think it's impossible for SRT to make losses in the next 2 financial years. There will be an initial payment in this financial year so the next trading update will be interesting. In addition the transponder side of the business is picking up, as explained at the AGM, and the new product 'nexus' was well received at the November soft launch. The full launch will hopefully take place by the end of '22 and is expected to be a market leader.

In addition our cost base is largely fixed because the majority of our supply costs are only incurred when customers order from us. For this reason I expect the '22 to '23 to make some comment about dividends - comment only I think, but a positive comment.

Oh yes indeedy!! Going to be interesting to see how much of this is already baked in the SP!!??

All seemed pretty straight forward. Lots of irons in the fire and should be a good Q1. and perhaps (if the tier 1 company actually place an order any time soon) a record 1st half is in the offing.

I'm very encouraged by the production turbine blade order which came comparatively quickly. If this is an indication that other projects can come to fruition as promptly then this is the Year that we break through. As I've said before the trigger for me will be the ordering of any new reactor.

Stas I hope your not to serious about your question about a life style company.

If it's true that that in normal business one hopes to make money from each employee hired then we would have to employ more people as the revenue rises. Both Gross Profit and Revenue have more than doubled and we have a (possible maiden) positive EBITDA of £2.1 Mill from last years small loss. This bears out your point.

We wish to increase employees and hopefully our revenue. Long may both continue!

Muted market reaction possibly due to this being on the cards anyway and also this ongoing business previously flagged as has been the potential future business. Welcome of course but hardly a game changer. In my view a very important ongoing customer but not as yet big enough to deliver us unto profit!