Cordel Share Discussion Threads

[toffeeman] 14/4/2022 08:29

Aaron co-founded Cordel in 2012 - hardly strengthening if he's been there 10 years and founded the company why wasn't he on the board before?

[srpactive] 14/4/2022 08:00

rns: strengthening the board.

dyor

[srpactive] 12/4/2022 16:28

Although small full ask 10p being charged and paid, lets
hope media coverage this weekend.

dyor

[clocktower] 11/4/2022 11:20

Well, that's not attracted any interest so far but I guess the concern still remains about the need to raise extra funds to achieve true profitability, as even being cash positive in Q4 is unlikely to stave off the day that cash is needed to fund growth and cover increased investment.

We must not forget that the cash position included receivables, and we do not know what the debtors are as of 31.03.2022 - so the net cash could be very low indeed.

I do like the honesty with the release of these figures, lets hope they keep doing so every quarter from now on.

The big bonus is that the cost of sales is dropping over the past three months, and hopefully this will continue.

Still, the outlook is positive and I doubt there will be much of a discount if or when any funds are raised, as the potential for growth and eventual profit remains.

So what I expect now is confirmation of a deal in the US plus the UK partnership agreements - if these are done on the right terms, cash might NOT be required, as there could be cash up front from a commercial partner I guess.

So, I will await further news and more figures before committing further funds but this at least provides me with more confidence for the longer term.

It does not seem as though a deal to monitor the Ukraine tracks has been struck though.

[myn0k] 11/4/2022 08:08

All things considered, a positive update IMO. After the next pilot phase in the US is done, if it follows the same trajectory as the UK ones, the company in question will hopefully upscale the activity and invest more. Interesting they mention UK pipelines rather than other territories.

[srpactive] 11/4/2022 08:06

Yes that is why CT stated it was good to have that and cash
to be fair.

The journalist last year that had crdl as his stock of the year
mentioned we will be in a positive cashflow position this year.

Fingers crossed for a continued move higher.

dyor

[mapocho] 11/4/2022 07:25

Cash positive 4th quarter ... that's now isn't it?

[srpactive] 11/4/2022 07:23

Moving in the right direction, the 3 months to end March shows
spends well under control and revenue up, another few quarters
of this and it could look much better.
Waiting for this new customer / market spoke about recently to
feed through.

dyor a must.

active

[clocktower] 11/4/2022 07:19

Great RNS, that should give the share price a shot in the arm. Good growth and expectations of being cash positive in Q4 with over £800k in cash and receivables as of 31 March.

Should be a good start to the week.

[srpactive] 08/4/2022 21:11

Drondes doing a job again, not again saying related.

dyor

[srpactive] 06/4/2022 08:05

Morning, not saying related but promising non the less.

dyor

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hxxps://www.wsj.com/articles/amazon-alphabet-and-others-are-quietly-rolling-out-drone-delivery-across-america-11648872022

[srpactive] 01/4/2022 15:42

Slither kiddo.

[clocktower] 01/4/2022 11:13

Thanks for all the recent links srp.

[srpactive] 01/4/2022 09:33

Interesting to know more about our unexpected customer, it would
be interesting to know if it is military based, not saying it
is.

dyor

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The Ministry of Defence said that a conference of 35 nations arranged by the UK had 'committed to widening its package of military support for Ukraine and explored new ways of sustaining the Armed Forces of Ukraine over the longer term'.

[srpactive] 01/4/2022 09:21

100000 lumps coming in this morning, could it be
fund managers nibbling?

dyor

[srpactive] 01/4/2022 09:14

I wonder what this could do?

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dyor

[srpactive] 01/4/2022 08:56

Decent sized nibbling continues, near full ask.

Hopefully a return to double figures very soon,
then unexpected customer named. If not named it
is a very large secret customer indeed. US or UK
or both?

dyor

[srpactive] 01/4/2022 08:22

Morning nice bit of early volume.

dyor

[srpactive] 31/3/2022 11:54

AeroVironment, the U.S.-based firm that manufactures the weapon, declined to comment on the arms transfer.

Extract

The Switchblades are equipped with cameras, navigation systems and guided explosives. The weapons can be programmed to automatically strike targets that are miles away or can loiter above a target until engaged by an operator to strike.

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dyor

[srpactive] 26/3/2022 07:56

--------------

Nice for them to rise when winning a three year contract, when
we win a six and a half year one we go the other way.

About time we got back to 18p, enough of this city nonsense, the
private investors should ensure this.

I will continue to nibble next week, it will be very interesting to
see who this unexpected customer is, hopefully a massive one.

dyor

[srpactive] 25/3/2022 19:59

That would do.

Length: 44 routes (21,400 miles (34,400 km) route miles); Track owned: 623 miles (1,003 km)

[srpactive] 25/3/2022 16:57

Super, thank you as always.

[myn0k] 25/3/2022 16:26

Here's a list of all class 1s for reference:https://en.m.wikipedia.org/wiki/List_of_Class_I_railroadsMy money is on Amtrak