Member Info for TruroTrader

I would have thought that any cost would be met by parents anyway - anybody any idea about costs?

Your point is?

Well yes JAdam - but that's the choice we made. If it was a bad choice how does blaming the company work when the Revenue has dramatically increased over the last year or two? My view is that it will be a good choice as the revenue ramps up even further. And yes I was also here in VIA days .

Yes - as previously stated they expect to be cash positive by year end but probably only for the last quarter or so but it would be great if it was for the whole year!

In the last three or four years the revenue has trebled and yet the SP has remained the same, nobody knows why - but one day Rodney !

Good to see the positive trading update and the acquisition looks interesting . Seems a little pricey but it appears the current BoD is going or at least reduced - perhaps a pay off is the reason?

My guess is that there's a lot of potential here that IDEA believe they can release and certainly some big customers. Good to see us back on the acquisition trail.

Me and my big mouth!

Hi Risks- your right - there is nothing else left to lift the SP except a profit and a Divi. Unfortunately I am prepared for covid-19 to have a small detrimental drag on profits and although I think we're pretty fireproof generally it's just another year to SP growth. Been saying that for a while!!

And Spurs will win the league.

For a new poster you seem to have a lot of historical background going back a year or more. So, why surface now? Your point is.......

Hey Roger, don't be disheartened so far we've kept Mondays gain! What's not to like!

Indeed Yes! I think it was last years full accounts that said they hoped to be cash positive in the 1st quarter 2020. Seems pretty certain that's been achieved. The Kindred agreement in Oct '19 will give new contributions to this half year but I expect the sky/draftkings signed in March to have a smaller effect while the May Hasbro deal will only contribute to the 2nd half.

What is really encouraging is that we continue to sign new deals as with yesterday 's Oryx which appears to be a far reaching one. As these deals take a little time to go fully live we consequently have visible rising revenues for 12 months or more.

I think the half year figures will positively highlight the success of the Boyd's decision to change the business direction and we will see a corresponding increase in the SP for a long tome to come.

The Trades are a bit of a joke as they're often wrong. In fact my pre ordered top-up on Monday at 08.03 for 47607 @ 2.09 was not entered. There was a "sell" at that price for 400k at 08.45 but it's difficult to see mine incorporated in that.

It just keeps laying! I like the multiple consultants bit. This should generate good margins and the consultancy side of the business is expensive in salary's as in the last couple of posts.

This seems quite a big deal. As I understand it there is an integration period to get the games on to the myriad websites so perhaps not to much revenue for this year but should be a big boost for the following year. Just keep on trucking!

Hi RiskisReward , the short flippant answer is because it just doesn't - well not for the last 3/4 years anyway! However a better reason has something to do with the post by a4007035.

We are fantastically diverse and at the top of our game in these diversities. We employ top people at top salaries in all our divisions but many are yet at a low revenue point. As the revenue climbs the margins will improve and profits will accrue at many of the divisions - nearly there in my opinion.

Hi eshaitan, Good link and perhaps Covid-19 could indeed hold us back as the health system seems to need protection. There again you'd think quarries are fairly safe places. It appears we have a decent amount of pre - extracted stone and with increased factory production and contracts being won there is some momentum. Well done CG for putting the debt back to give a little breathing space.

Hi JAdam, You say this country has forgotten how to protest and no is prepared to do anything about it. This could be a generational thing.

Not saying I agree or disagree with the following but Greta Thunberg started an international movement that blocked major roads in London and started unheard of UK school pupils strikes. Extinction Rebellion has been prominent in the UK as has the more recent Black Lives Matter. There's a potential for an anti Corvid 19 vaccination protest judging by some reports.

PS how was the water?

I do love Director purchases and so apparently does the Market!! To be fair I did think the drop overdone - we seem to be advancing on several fronts both in potential customers and research and have a healthy balance sheet to help get there. As always time will tell!

I also thought it was an internal truck but but that wasn't stated. My reasoning was that if you were going to transport for customers, maybe some distance, one truck might not cut it and you'd still be paying for internal transport. It always was the customer pays anyway.

As an aside my top up was purchased at 8.03 this morning at 2.09P which is pretty much my average. However it does not appear on the share trade tab - good old LSE!

Mine Prophets was well worth the £3. Interesting that TW was a satisfied customer but not so sure re a share holder!