Member Info for TruroTrader

Yup, I've filtered him again.

Thanks for the info eshaitan. Didn't realise you can access Mine Prophet retrospectively - just done so and consequentially i have placed an order for a top up on Monday. It seems as if the whole company is back on track with contracts, new revenue streams, increased factory efficiencies and a strengthened balance sheet to boot.

JasonP432 - you are a just a little confused and delusional.

Thanks for the link bakky. Actually maybe even very good! Before they finish tagging all the boats (5/10 Yrs) they'll start to want to expand/upgrade various parts of the system. When they've done then they can start on upgrading the transponders. Once a customer of SRT always a customer of SRT.

For a highly diverse company such as ours that largely operates in niche activities it's difficult to advertise generally. We usually respond to requests for bids or go directly to customers.

I've been banging on about divis (Oh yes I have!) for a couple of reasons. 1. A maiden divi is a milestone for a company and provided the company is judged to be well run denotes confidence by the BoD and is a broad way of advertising to investors. 2. many IIs and PIs will only invest in divi paying companies so this automatically increases prospective new investors.

Unfortunately the latest update had no numbers so I'm expecting a Covid-19 adverse effect. But we still achieved £30 Mill of forward orders not counting the ESA win. But a tenth of penny divi would cost 779k plus admin costs and obviously half that for a twentieth. I fully expect Covid-19 to delay things but a divi is the only thing that I can see that will promote us to get the Markets attention and increase the SP. Any other suggestions?

yes unvrkw, I've just looked at this years RNSs and the contracts announced total 3.4 Mill but not all for this year. It should be the lions share this year but I'm not to sure how their Covid-19 restriction will delay things. The general tone is really positive and forward looking with perhaps a bit more substance than in the past!!

The 2 new guys are transforming us and at long last we seem to have a clear path forward. Bearing in mind our MC is just 7 Mill there's plenty of head room for the SP. My guess is that will be 2021 for any real movement but that's not to far away.
Onwards and upwards folks!
good and the 2 new d E

We certainly seem to be getting into a much healthier situation - I wonder if the government are getting involved here re town squares to mitigate any possible compensation?

Hi dsc, You and I could be in agreement because my interest in dividends has nothing to do with reducing profits. I always say 'token' first. My reasoning is that we have to try something new. A tenth of a penny divi will not dent any acquisitions but could be a cheap form of advertising.

Your believe that as "The business grows, the SP will follow". is not born out by the recent history. We have trebled our revenue in the last three years but moved our SP not a lot. We need new II's and PI's. Because we are a well run company a divi will demonstrate BoD confidence and encourage new investment.

Thanks for the link P3t3r. As Smithy has said this looks good. It seems to me to be a heck of a range of services for Half a Mill.

Bargain I say!

Hi DD77, I have mentioned a token divi before. My reasoning is that many II's and PI's only invest in divi paying companies and further investors only do companies with a MC of 100 Mill. Because we are so diverse and because our customers are largely Government agencies or very large companies it's difficult to do any general promotion.

We have grown enormously in the last 3/4 years as our revenue demonstrates. I would like to see this growth continue but this means that any profits that could be shown are spent on growth. It's a bit of a conundrum but one day Rodney - we'll all be millionaires!

Hi All, Many thanks for the reports re Mine prophets. Good to hear it was positive and I've just placed a small top-up order . Unfortunately my wife has poor health so I couldn't spare the time to visit. Is there some sort of catch up available?

I've always thought CG was doing his best and it now looks as though his efforts will be rewarded and I hope he does well. This is going to be quite an interesting period to look forward to.

Hi DD, the jack of all trades has been mentioned before but if you look at where we are positioned in our fields I think we are more the Master. EG We are leading the Autonomous Navigation System and Thales is a much bigger company. To win 27 Mill from the euro space agency is also pretty good - especially when you think the purchase price of Spezia was around 11 Mill!

We just need to convert some of our income to profit and pay a token dividend and the MC should go to 100 Mill and new investors will come on board. I can't see why that won't happen - the only question is when!!!

Hi Richie, got the superfinishing video thankyou - really goes to show that HDD are developing full value from their products and maximizing potential. Didn't see anything re the low temperature deposition though? Any steer?

Well sort of - If Milton continue to sell will the sp continue to rise? Seems a bit of an anomaly - not sure why? I think this year will be decisive - will we make it /won't we make it. We could be viable anyway - never mind the arbitration. We need a good 2nd half but so far so good.

Yes pacman1 - a good point. Not only that but companies recruiting are currently getting high quality applicants. Bodes well.

Starting to see some positive stuff now . Just done a 1k top-up at 1.76 so now in a position to show a profit at 2.1p Considering I bought with one eye on the arbitration then I'm happy already! However I've always had faith in CG's perseverance and now there some quarrying/production experience on board i reckon we could make it anyhow.

Great news indeed. The 2 ESA orders total 27 Mill which is 2.5 times the purchase price of 11/12 Mill!! Now I wonder what the profit margin is!!

Hopefully a meaningful profit this year and at least a mention of future divis!

Just tried twice to buy 2ks worth but all though the bid is showing 23p both trades were priced at 27.7 - I declined!

We've had positive SP rises now for the last couple of years or so and now are a different animal. The September figures for the 1st half year and the trading update should give good guidance as to just how good the transition could be.

The licensing model, in theory, should be a continuous upward revenue stream with relatively fixed costs. There's a fair chance this could become a goldilocks company. However I would prefer a solid and steady SP rise rather than spikes because, in my view, if there is a takeover bid then this will be more attractive and command a better premium. I intend to be here for the long term and looking forward to profits and divis.

Hi eshaitan, Slight concern here - You're not supposed to keep your brain sharp while bottle feeding - it's supposed to go all mushy - after all it's not for long and it will never come back!!

As I've posted before - ST's webcasts can help the SP as did last Wednesday's one. He is so straight forward. No wonder that government departments feel confidence.

This years figures will be massively boosted if the 2 main contracts start before September. Even if they don't start before then next years figures will be Stella anyway. All is looking positive. Can't actually see a downside? Can anybody else?