29-04-2024
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.