Member Info for TruroTrader

Personally speaking I'd be quite happy with 7/8p until we release a half-year trading update which should be pretty upbeat and hopefully report an actual profit. As we're cash positive a divi intention should really advertise us and we would then sustain an MC of 100k which would be a real platform to build on. Happy Days!!

Hi lootgaloot, You're obviously fairly disciplined which seems to work well for you. SRT is at a breakthrough point. There are some £4/500 Mill other contracts in the Visible Sales Pipeline. The margins can be quite high and once ( oh alright if! ) the first contracts are announced this will move quickly. There's no profitable track record so definitely a gamble but could be worth a toe in the water?

MC of 49 Mill - L& G can soon start buying back perhaps!!! That should make Groanspleen happy - or not as the case may be!

I think it will be next year before we see any real revenue as there are over a thousand Health Trusts in the UK and lots of them are very good at dithering. However the byproduct of Oxygen that is produced on site is Hydrogen - this could be stored on site (lots of issues with that I know) then we could split that value with the site tenants. It's money for nothing but no free chicks!

Hi loot, I think it's the fishery protection and security issues that are driving these contracts. They are both still relevant and will continue to be so. The recent cash call means we a financially sound. Our cost base is largely fixed as once the contracts start the initial milestone payment pays for the initial manufacturing costs.

I said in April when this was first announced that it would be cheap to implement as we already had the systems, technology and maintenance capabilities but to achieve a meaningful test run in 6 weeks is outstanding. Just the shot in the arm we needed.

I'm beginning to feel sorry for Groanspan - how's he going to feel when the SP moves up?

Hi Bespoke. Hardly a business partnership believe me. If YGEN fail you only lose your money. If you were actually in a legal partnership and YGEN fail then the creditors would demand you to cover any and all losses - down to your last stick of furniture! Just a little different!!

Welcome back Adastra, long time no see. 5P is definitely a bargain. A well run company with no debt and a good spread of customers. The long term naval contracts should be safe and the rest of the forward order book should largely deliver. the recent acquisitions do indeed increase our IP potential and revenue growth is to die for. Please don't be too upbeat as greenspan will be upset

We should be able to start generating continuous profits and at the risk of boring readers we only need to make a token divi to really advertise us to a whole new range of investors and so improve the SP.

Gosh Bespoke - You're really brave. As a former Independent Mortgage Broker I bet the mortgage company underwriter didn't quite grasp your strategy!!

As it happens I have a feeling you have a chance, it's probably better than a polystyrene baby walking through the fires of hell - but it's a heck of a long shot - 10k into 250k in how long? Plus of course the exchange rate. Perhaps a little top-up before the results are published? Presumably you have a back-up?

All joking aside, you may or may not reach your target but like you I'm sure we will do well anyway - yes I also rate LR. Onwards and upwards!

Although we know our MC is some 7 times our revenue we have no idea of costs and profits. If the 2 CE marks are a given then maybe the market is waiting for those numbers. If we are in profit then with a bit of luck this year will be the same and the SP will reflect this. Personally I would prefer a strong and steady SP build up to reflect the strong and steady revenue build up.

Hi PROPS, I've been here some 6 years now and in the last couple of years we seem to have gone from 6 employees to a whole 8! But there does seem to be a bit of a change going on. if you look at the last couple of years the revenue is picking up and new customers are appearing and crucially they often come back with more business. We seem to be getting noticed.

Our costs are largely fixed and the new employee being taken on means we still only have 9 with, apparently, an important contract to come. MC is only some £4 Mill so there's a lot of headroom here. Could get quite exiting!

Yes surprised, with a current MC of 58 Mill I can see £ a share if any of the other VSP possibilities come on board before our year end. Our cost base will not go up that much even if they do.

Hi warrant - had another look and I can see the similarities with Lixoft and us but they were only paid 5 X revenues which for us, based on last years revenue, would be below our current MC.

If we were to become a target then lets hope it's not just yet.

Thanks Rogerram. What an improvement. Lots and lots of info well laid out and business-like. I've been here for longer than I care to remember. I first bought at 11p a share or £4.40 in new money!

I learnt a great deal and was truly impressed with the case studies. I just didn't realise the breadth of the business.

Thanks for that surprised. You'd think that if these do start in June/July then our interims will look good in September!!

When they announced the fund raise I could only afford £1k but I'm now £400 in profit. ST's doing well then. Good luck to him because without his drive we wouldn't be where we are today.

Because it's about a NASDAQ company taking over a French one and although there both Pharma I can't see any connection to PYC. I could be wrong of course!

Wrong board possibly????

Hi surprised - yes this followed an ST webcast. There were 3 contracts, around £40 Mill, hoping to start before year end March. Still not started though. As ST spent £100k at the recent fundraise then he obviously thinks they'll come good and at 25p a pop he should be so lucky! We still have 10 months of our year to go. The reason given for the delay was the pandemic so hopefully they will come good but lets hope they don't succumb to post corvid-19 belt-tightening as mentioned in Qd22's post.

Not yet squeaky - bum time. Maybe an announcement by the end of the month?

Hi surprised - Thanks for the links but where did the info come from?