Image Scan Share Discussion Threads

[ivyhedge] 30/4/2024 11:26

I think you should read the report again.The post year end bits should be what caught your eye. They have money in bank, orders, components to build with, orders to keep the workforce busy and maybe orders to come in for the near future.
It also highlighted they may go back on the aquisitions trail....been there before think they got rebuffed as others were looking as well. Not that many small companies to look at, Catalytic converter scans will end in next few years so maybe they are looking for other areas, bio hazard, water scans short range radar, all these would be feasable purchases as they use similiar areas of expertise and would add another string to the bow.
For most companies being solvent is something to hope for. This one is very solvent and will try to expand....think about it.

[clocktower] 30/4/2024 07:39

Another back to the drawing board financial statement.

Lower nearly everything, cash, orders, along with most other things, which I guess will include the share price by the end of the day.

All the dreams of returning to growth and profit have gone puff.

Not a good day for TB either.

[ivyhedge] 29/4/2024 19:59

The order today is 50% of the total so far for the year, so yes I would say its good news. This share is a minnow and not easy to trade on some days.I have held this for a number of years and although I am well down at the moment its not a bad company, just unloved. They have good products and there is a need (security systems) for what they sell, I hold 1% of the shares. They have had a bad few years, Covid, Brexit, High price of components, etc and a few years ago takeover/expansion problems.
Yes the company is solid, good products but luck is something they are often short of. As it stands they should be well in profit and plenty of money in the bank and hopefully they will start to go forward. I would like to see a dividend at some point (even 0.01p will do)but maybe thats wishfull thinking but it would help stabilise the share price. Maybe a share consolidation as well to lift them off the bottom rungs.

[ali47fish] 29/4/2024 08:45

so is this any good- comments please

[clocktower] 12/3/2024 09:28

Everyone just jumping on the AI bandwagon.
Orders are what counts with profits.

[shearluc] 12/3/2024 08:41

AI very much flavour of the month / year. Sounds like a useful bit of kit .... wonder how much it sells for?

[ali47fish] 12/3/2024 07:24

great rns including ai

[wisecat2] 01/3/2024 17:48

I am just having a look at the company so don't know too much at the moment.The one thing that stands out is the very little investment that directors have in shares. Anyone like to comment please.

[mr macgregor] 29/2/2024 17:17

You could see what sort of company this was when directors Mawer and Leaver had a financial interest in major IGE shareholder Boundary Capital. There was a flurry of good news, the share price rose, Boundary Capital sold out followed soon after by a profit warning. The share price collapsed and it has never recovered. I remember Mawer’s patsy Assaguy threatening me with libel action when I pointed the above out. Pass on my regards to tax dodger Banbury Charles old boy.

[petethegolf] 28/2/2024 16:34

OFFENSIVE AND IMMATURE Mr MacGregor

[ivyhedge] 28/2/2024 15:38

the company update didnt change anything. The delay report was expected. The whole country is going slow, and any government orders will be pushed back. All I saw was a chance to buy, the 200,000 shares buy was mine this morning while having an early lunch, annoyed the wife no end.

[clocktower] 28/2/2024 15:03

I doubt that amt, I think it maybe a RTO as the major shareholder might already have something ready to go bar agreements, as it could be a larger company that wants to float.

Braveheart might have also had an influence as this is just up TB’s street.

Remember what also happened when the shares were around 12p

[davidosh] 28/2/2024 10:38

Right at the top of the exhibitor list

[amt] 28/2/2024 09:24

I guess they will need more cash

[clocktower] 28/2/2024 07:40

What a terrible statement and looking for an acquisition while the shares are already in the pits shows how desperate things had become.

They also have the nerve to say they have expanded their marketing, and yet the order book is slim.

What happened to that woman they took on that was going to transform and grow sales.

Back to sub 1p I guess and Sunrise will be kicking themselves as it seems that they have come up with a scheme to resolve their dilemma.

[amt] 28/2/2024 07:16

Oh dear, always seems to be a let down when it starts to look promising.

[clocktower] 27/2/2024 15:57

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[clocktower] 27/2/2024 15:53

So what do we think the results will do for the sp?

[assagai] 18/2/2024 13:55

Yep 20 years is a very large mg term hold🥺

[ivyhedge] 18/2/2024 13:11

This share is like many in the UK unloved. They can give you wonderful news but the shares get traded down quite quickly. I spent many hours/days going over this one and I hold 1% of the shares..1,400,000 if you are wondering. yes I am sitting on a loss, will I sell, probably not although I keep auto sell trades for a few at 4p/5p just in case. Break even for me would be 2p. Brexit and Covid etc had a disastous affect but am hopeful that over the next year or so things will pick up. If they carry on the way they are I hold the belief they might give a small dividend starting next year, that would get a bit more attention. This is for anyone a long term hold as shares are not easily traded.

[clocktower] 18/1/2024 17:13

Okay ali46

I was not saying the Chairman could not afford to buy stock, what I was referring to was based on earnings/salaries the board do not draw sufficient from the company to be able put their hands in their pockets to buy any substantial number of shares.

Their salaries I believe, I read in the report, were based in part on performance, well to date that has been poor, so they cannot be expected to buy until they prove their ability, and even then I do not expect them to buy many as the top salary with benefits, bonus and pension was circa £134k with the chairman at circa £21k

After tax/ insurance etc what is that worth net in the UK.

[ali47fish] 18/1/2024 16:53

clocktower please please make a comment to guide readers

[assagai] 18/1/2024 14:32

So you think the Chairman couldn't afford to increase his holding....