Geong Share Discussion Threads

[corrientes] 25/11/2013 15:59

You have to remember the Chinese are not impatient. They can wait a long, long time,like shareholders in this company may have to. You might expect the same type of RNS for a few more years.

[augustusgloop] 25/11/2013 13:19

That statement just doesn't look believable.

Why would they increase borrowings by £1m whilst their cash was increasing by £2.7m?

Why would you borrow more when you had cash?

Like everything else that they say - the numbers don't fit with normal business sense.

[odvod] 25/11/2013 13:07

well I am almost out.

[stegrego] 25/11/2013 12:51

Says you have more money than sense to me!

[pas100] 25/11/2013 09:08

Says top-up opportunity to me

[muddystone] 25/11/2013 09:05

I'm ever the eternal optomist!

[mudbath] 25/11/2013 09:04

Or maybe it wont !

[muddystone] 25/11/2013 08:45

A slight overreaction to what was forecasted. At the end of the day it's neither good nor bad news. If anything they have more contracts. It'll pick up again when the panickers have gone.....

[pas100] 25/11/2013 08:26

I can only assume the people who sold this morning were expecting a much better RNS but that was never going to happen!

[edmundshaw] 25/11/2013 08:23

Seems neither good nor bad - price down 28%!? Were people expecting a miracle?

[simon templar qc] 25/11/2013 08:17

As I predicted.

[rivaldo] 25/11/2013 07:37

H1 is the lowpoint of the year for trading and cash, so as I said before I wasn't expecting much from this statement.

The good news is that the £21m trade receivables are actually down from the 31/3 £22.1m position. This is a pleasant surprise for the usually very poor H1 in this respect.

And they have announced some further contract wins as promised, adding a further £0.5m annual SaaS revenue, with £0.3m of IaaS contracts.

At least GNG are confident that H2 will reverse the H1 loss to give a similar result to last year's small profit.

No idea what the £0.75m paid to Oracle is for. And who proof-reads these RNS's - the advisers should be throttled for letting a "31 December 2013" year end slip through.

Mucho patience still required here :o))

[muddystone] 25/11/2013 07:11

RNS released.....at last! No great surprises either way

[sir rational] 22/11/2013 18:25

Trade/ price action very interesting.

Always was leaky.

Very good sign.

[rivaldo] 22/11/2013 12:11

Cheers htowater. I've heard similarly, so it's good to have independent confirmation.

[h2owater] 22/11/2013 10:55

Nomad and joint broker finnCap reckons they are working on the TU and should be out shortly!!

Hoping for next week as it's the end of November!

[sir rational] 21/11/2013 14:59

Leaky as Wales, Riv ;-)

[rivaldo] 21/11/2013 12:22

Interesting volumes today, with 333,0000 shares traded already.

We're a little past "early November"! So one can deduce that the H1 trading statement is surely not far away....possibly. Let's hope this is knowledgeable buying :o))

[corrientes] 19/11/2013 20:53

Nice try.

The two announcements about the 'early November update', one of them referred to at this year's AGM,is basically a duplication of the statement made at the previous year's AGM, except then the update came in late October.This time it comes with the extra note that results should be in line with expectations.

Maybe he considers it too trivial a matter to deal with, having already told us of the likely result for the period, he thinks he doesn't have to bother providing a detailed report which in any case will be issued a little later in December. Because he has to make a response to the price movement query, he tells his PA to get on with it,who promptly cribs from the previous year's statement without thinking or referring back.

The Chairman clearly thinks he's still dealing with his local underlings and seems to forget we're not his local underlings,though some of us might as well be. Still it is AIM, so why pillory him in particular when there are so many other AIM bosses with a similar attitude, aided of course by craven regulators.

Just joking of course, I think !

[sir rational] 19/11/2013 08:00

Beginnings of nice pattern of higher highs, higher lows.