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pictureframe: So with a market cap of just £1.1 million this is stupidily cheap !
They are now trading profit and would have made £260,000, but due to write down on one off Italian office closure made a loss.
This should have a MINIMUM market cap of around £4 million or x 3 the current share price, I expect heavy director buying to get the shareprice up as they are sitting ducks for a takeover at this price. Its a no brainer for a rival to snap this company up.
What excites me most is this :
The challenge ahead is to ensure we retain our share of the outplacement
market, increase talent management sales, and to manage our expenses. We have
enjoyed an excellent start to the new year and we are currently ahead of budget
in a quarter which has previously been unprofitable due to downturn of activity
associated with the summer months. We are confident that we can continue to
grow the business and improve profitability.
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