Why open offices in other locations when business has moved on-line, maybe AEO do not yet fully understand how much things have really changed.
Get self employed to work from home on a short term contract basis, it`s cheaper and offers less risk.
They are funny though suggesting they are a GLOBAL business with 24 members of staff.
You have to hand them a prize for being a comedy act when it comes to writing RNS. |
LOL - tiswas.
How many more RNS will it take the management, to try to get the share price up?
What this mornings trades do suggest is that it takes very little volume to push the offer up but then again the MM try to cream of extra profits on the least bit of news that might by some be construed as positive.
Any idea what the previous leaders of this business are doing these days?
Opening in the USA maybe. :-) |
It's called moving with the times CT.
Unlike someone else who posts regularly on here and, judging by their user name, is still stuck in the 17th century! 😁 |
Even I think the demise is likely to be a long way away for AEO bigfrocks but even on their own admission and hyped statement is ONLY EXPECTED to cover the costs of OPENING the office in the first year - nothing says it will cover the costs of Staff etc just the OPENING of the office.
Do not assume anything or read anything into any RNS if it is not there in black and white. |
Seems it's you who is forecasting the latter , no one else! |
Some did bigfrocks, as some forecast the apocalypse, or the demise of AEO for instance.:-) |
No one expected Coronavirus either. |
Expected, when investors bought this stock at much higher levels they did not EXPECT the share price to fall but that is what it did. So do not expect much from this BoD other than to make sure they look after themselves imo.😏 |
"The New York office opens as a direct result of increasing work in the US"
"The level of firm interest from companies in the US that we have already seen is expected to cover the costs of opening the office in the first year of operation." |
Encouraging under the circumstances.
Opening a NY office always used to be the kiss of death for British companies in the good old days but I am sure they will be different.
I am a bit disappointed that such a small company closes its books 10 weeks ago and still can only say our loss will be "x" or nearly double "x". Perhaps they are hoping to please us with the lower number as being the outcome! |
At least the cash pile should be sufficient to see them through these tough times.
It might take some years to fully recover, and clearly not worthy of any further investment, in fact it might be better to ship out now and find a better home for ones funds even if forced to take a loss imo. Good luck though,as times are tough. |
Interesting update. Market cap. £1.75m. Cash £1m+. Cautiously optimistic.
Also, "In addition, with the increasing opportunities in the US, Aeorema also expects to announce the opening of a New York office shortly."
Financially strong and the ambition is certainly there!! |
Interesting little tiddler this |
Though it a small buy for a director, it is none the less a positive and maybe it time for further investment in this dog, as they are to be fair pretty good at innovating.
Having bounced off the floor another leg up to 25p might soon be on the cards imo. |
Almost at the target price already, so the 5p target may come even sooner than I expected. Then it will be taken private maybe!! Beware imo. |
Correct ramas.
My target of 15p is at a level that I think it might bounce but under current circumstances I would not touch it even at 5p in 12 months time, if the coronaV does not fall away quickly, even if it does I think there will be a huge shift in corporate thinking and event management. Breaking them into small segments to prevent what could also be major shut downs if some other virus was to raise its head in the future. |
I take it you never bought in ? I've been out for a looong time now very frustrating stock , I could see some temptation to go private maybe ? Hopefully the corona thing will go away , time will tell ! |
That cash pile will not see its way to PI`s but I would put money on it that the directors will not take a cut in pay to share the suffering.
15p target now ramas. |
It's the year of the micro-cap ;). |
Old news but very impressive, especially the video in second link.
hxxps://www.exhibitionworld.co.uk/2019/10/28/cheerful-twentyfirst-delivers-stand-for-bbc-studios-at-mipcom
hxxps://www.stageone.co.uk/projects/bbc-studios-pavilion-mipcom/ |
Oh and how come I've taken over your job CT , did you get some at your 20p ? |
Down 2.5p on 8k volume highlights the challenge, great company for the directors but far less so for pis, climb into this lobster pot with great care ..... |
Maybe nico115 was there with his pal RO and could tell the thread all about it. |
That's a NO then! |
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