|Eagle Eye PLC
||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Eagle Eye Share Discussion Threads
Showing 326 to 348 of 350 messages
|The Group's net cash position at the end of Q1 FY2017 was in line with Board expectations at GBP0.2 million (30 June 2016: GBP1.3 million). The Company agreed a new banking facility with Barclays Bank plc in June 2016 to support its growth ambitions
burning cash, not much left
|Director Buy - Tim Mason CEO has purchased £54k of shares at 130p|
|What a difference a day makes. 8-)
Peter Erickson has published a 241p price target;
|thanks bbd...as first posts go, it's a classic! ;o)|
|Eye Eye, hotting up, 25% up now since first buy ;o)|
|still not much stock about - only 150-odd shares available to buy online @ 134|
|ok cheers - late trades being reported now which explain the strong start today|
|one to keep your eye on so fairly positive gleach - one more big contract and this could motor|
|thanks Nick - was it positive?
nothing available to buy online|
|mentioned in the times yesterday|
|Nice little trade in the auction at 2p above offer price bodes well for the open tomorrow|
|I took a modest punt yesterday on the basis of the chart and the fact the the new CEO commented that this current year to date was running ahead of management's expectations.|
|The cash generation (or lack of it) is still a factor within this business, but in the recent results a couple of things took my interest, enough for me to take a position here.
- The Sainsburys contract, on the back of previous Asda deal, is significant and a potential catalyst. It endorses the product and is likely to help secure further deals in the sector.
- The new Barclays facility of £1.50m covers short term cash needs, and presumably they would not have made that facility available if they did not have clear sight on future cash generation from the Company.
The buyers are returning since this announcement and with GP margins improved to 79% and a recurring income element it appears the right time.
We shall see. NAI DYOR|
|free stock charts from uk.advfn.com|
|And still they fall. I'm a buyer at 45p|
|Massively overvalued. Turnover £6m expected. Valued at £20 m
When they go to raise money which I expect they will have to - what price will they get it away at. South of 50p I would have thought|
|Cash position expected to be £1.1m (FY15: £4.3m)
That line says it all.
I'm short until the placing arrives.|
|On balance, I shall be investing elsewhere.|
|The cash position as at 30 June 2016 is expected to be GBP1.1m. Despite the shortfall in revenue, cash has continued to be managed through tight cost control and working capital management. Looking forward, the expected exiting run-rate would result in the Company being cashflow positive in FY 17.|
|Not too convinced, but jam tomorrow does look interesting here.
I am tempted to make a substantial maiden purchase today, as I have watched from the sidelines for a year or so.|
|Results 'read' well apart from slipping in about revised expectations and they arent gorwing revenue as quick as forecast.
But skip to cash flow. They burnt 0.9m in half yr of last yr. Then burnt 1.8m in last full year. Then in the half year just reported they burnt 1.5m.
So cash burn is accelerating. With £2.7m cash at hand, they'll have quite possibly less than a million at next results and need a fund raise to be going concern.|
|These guys had 2.7m cash end Dec but burnt 1.6m in the second half of the year.
Come results time they wont be a going concern so i predict a placing.
That coupled with recent break of key support on chart means i have taken a short position.
|I think so, that's why I bought. The company broker Panmure Gordon thinks so too, they have got a target of £2.86.|