The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
It all depends on timing! Last January we started a $40 Mill contract which has been accelerated and should complete within some 18 months. This provides a good base for this years accounts. We also signed a small contract to complete by March and this is supposed to be the start of a lot of similar small contracts. The transceiver business can sell as much as the shortage of 'chips' allows the company to make and the order book is growing.
What we really need is a couple of Domain contracts to anchor next years accounts. The chip shortage will apparently ease as we head into the next financial year. So with the back order book growing and Nexus on the horizon the transceiver business could be set for a record year. And don't forget previous Domain customers often look for expansions and upgrades.
There is a contract valued at 160 Mill - now that would be a bit of fun!
If you read the article it ends by mentioning the particular mutations the cancer had and this highlights Prof Juan Valle comments of the importance of personalised medicine. This is smack bang where pyc is.
Yes niki = I expect the reason for November y are the two delayed payments from last year. As usual when we get the full results my interest is - as always on the current year section. I think it will be positive and encouraging. Onwards and upwards is the cry!
You could well be right joaung1. Perhaps a little early but we have strong cash growth that is highly visible and a fixed cost base. Next year will be our third profitable one - time will tell of course.
Article in the Sunday Times said that the Pound has fallen some 10-12% against the Dollar. As we invoice in Dollars this is a major plus for us. We will be paying more for components and manufacturing but will really gain on our margins. At long last something in our favor!
Yes even a 'token' divi gives a lot of publicity and shows BoD confidence. They could even announce an intention at the next interims - all is good publicity!
Just read that the £ has fallen some 10- 12 % against the $, quite a little boost for our state side earnings. As our half year profit was 1.3 Mill against last years full at 1.63 Mill I wonder if the D word for divis will be mentioned!?
PS. I've just read that this year the £ has fallen against the$ some 10-12%. around half of our revenue comes from Virginia so another little boost.
When I've exercised options I've only paid tax ( sale price minus option price) if I sold the at a profit and was over my CGT allowance. Mind you this was from a different source - SAYE schemes.
Lets hope you're wrong Ritchie! I've just reread the October update and there's a couple of financial events in the energy sector that are expected early in the new financial year. My guess is that this is the reason for the delay. Understandable and also frustrating. But the update was worth the reread - pretty positive.
It's a cracking story GLT. You can't go from nothing to where we are today in 7 years without a clear plan that is well executed by a good BoD.
I've said before that if we can demonstrate our ability to replace our Covid revenues with 'core' products then all will be well with the SP. To that end I would like to see quarterly revenue figures published. I'm pretty sure we are growing revenue all across the board.
As usual time will tell.
I've spoken to Hurd at an AGM and he seems a practical kind of guy - as you would expect of course. If we sign one contract before March and one in the first quarter of the next financial year and add in the transponder revenues then that's the next financial years revenue sorted! Not many companies have that visibility.
Hi Hardboy, I think we are on the edge of great things and while you're right re the timing of milestone payments this will become standard fare as new contracts are signed.
There were three things holding us back. 1. Is the various governmental bureaucratic delays t 2 Was the Covid delays which compounded the governmental delays. However both have combined to create a backlog of approaching contracts. 3. The 'chip' delays which, although we have increased transponder revenue, has in fact also created a 'bonus' backlog order book. Once the 'chip' shortages decline we will have increased order book income plus the new Nexus.
The good news is that this years revenue to March is in and we have some 15 months to build next years revenue. We only need one new contract before March to improve the SP. The current MC is 85 Mill and the potential in the VSP is far greater than that. Buying and selling is all about timing and if I'm right below 50P will seem a snip in 12 months!
Indeedy Latino. Nov 2017 sold some for 27.5p. But it was a real spike - A one day wonder! I wonder who bought!
Hi Taser, GMR does indeed have a largely fixed cost base. We don't have to buy stuff and process it and then sell it - all we do is produce games and then license them. We do produce other games apart from Slingo but Slingo is becoming almost a genre in itself.
So wages is one of our main costs - not raw materials. Our head count is increasing but not excessively. We will see steady revenue and profit growth as we extend into new states in the US and other Countries. We also link with new parties in existing territories.
What the increasing revenues and profits will do the SP we will see in due course. But this company has a massive future ability to generate cash. Dividends may well be a main future attraction for investors here.
Utar - stop being so pessimistic. The rise may also be next week!! If so - Woo Hah!
Hi John - Err well sort of. It's actually Euros not Pounds. My mistake but still better than nothing!
A bit of a bolt out of the blue! Sort of doubles the cash raised by the Loan Note re the RTO. Could this be the catalyst that gets the new company over the line? Is there gold in them thar hills?
Thanks niky for the link. As this testing is the result of previous testing I'm guessing we'll get a favorable result. As the length is 5 months we could even get an order this financial year! Not betting on it but should get something next year and beyond. Perhaps a small string to the bow at first but hydrogen energy does seem to have a future.
The numbers are going to be impressive I think. I've just revisited the interim results and comment on a couple of figures. The first half profit is greater than last year's full profit figure. Last half year we launched with 11 new partners - this half year we launched with 26. The SP is going to rise.
Only a couple of months to a trading update - wonder what the company will do with the profits? Debt reduction, dividend, bit of both? Interesting times ahead.