Image Scan Share Discussion Threads

[mjcrockett] 13/12/2022 08:28

Give Vince Deery a chance. He has got a few challenges which are not of the Company's making.

I thought the results were as expected given comments from earlier trading updates. They broke even in the second half after a loss making first half. The order book is improving and say they have made an encouraging start to the year. At the current level the Company is only valued at £1.3 million which is the sum of the cash and the Inventory - so the business has no value. If they do have a better year this will seem very cheap.

[walt_29] 13/12/2022 07:48

Just read the RNS this morning - very disappointing. It would seem that the lack of news flow does genuinely reflect the company's status - nothing of any note is happening.

After nearly 12 months have to ask is Deery up to the job? The evidence would say no.

[mr macgregor] 29/11/2022 20:46

Well named then…

[knownowt] 18/11/2022 20:57

Hear, hear - or is it Here, here? My faith remains ....

[peterblok] 18/11/2022 17:07

Z1CO - You're not a very nice man are you? And Glavey needs more optimism methinks
. . . .

[glavey] 18/11/2022 13:41

Dash for trash?

[ali47fish] 18/11/2022 12:43

anyone here knows why the spike no rns!!!

[z1co] 18/11/2022 11:41

So says the awful smelling troll.The share might be a dog but the dog is a whole lot better than a stinking troll like you.

[columbarius] 06/10/2022 18:07

It’s followed by masochists who buy no matter what. If you’re too deep in the hole to get out you might as well keep digging. You may strike oil.

[clocktower] 06/10/2022 11:00

Surprised that it is holding up so well bearing in mind that the current one valuation is much higher than one would expect for a company with such a dismal record, and with little prospects of getting itself out of the hole they dug for themselves when they tried to get the major shareholder to accept what looked like a poor deal but in hindsight I guess they would have been better off taking the deal that was on the table at that time.

[columbarius] 06/10/2022 09:26

Agreed. Cash was 777k in March and they were burning 50k a month so likely below 500k.
The going concern statement in the finals will be interesting in the absence of a cash call beforehand.

[owenski] 06/10/2022 08:32

Mugs share, the warning signs were there at the last update. Mawyer was the savior some years ago but it seems he's taken it as far as it could go.

Cash getting tight.

Bargepole.

[mr macgregor] 06/10/2022 06:41

Good morning patsies.

[clocktower] 06/10/2022 06:13

What a disaster, best thing the company has could now do to save costs, is remove itself from the market.

There is no mention of cash burn,no mention of cutting their drawings,it’s what they fail to say that is likely to cause this to go to the wall at the rate of decline imo.

The CEO is not fit for purpose and the new member of the sales team they brought onboard, is clearly just a wage they cannot afford, because she has clearly failed to deliver meaningful results.

70% drop is my forecast based on this RNS.

Good luck if you’re the buyer that took it up from around 1p not long ago.

[davidosh] 28/9/2022 12:14

We should be getting in on these contracts...

"We have invested £125m in tougher prison security measures - including X-ray body scanners that have intercepted over 20,000 attempts to smuggle contraband behind bars in the past two years."

[clocktower] 20/9/2022 09:02

Last year there was a trading update mid-September, so nothing so far this month.

A bit more communication with investors might be welcome I dare say.

[clocktower] 07/9/2022 11:26

Nice buys again today. Still no news though but I have a good idea who the main buyer is.

[clocktower] 25/8/2022 11:19

Buyer/buyers still taking up the stock I notice.

[clocktower] 15/8/2022 14:17

Creeping up but will the next news support the buying?

[z1co] 05/8/2022 09:10

Share price beginning to recover.
It's still massively down from March price of 3p.

[ali47fish] 05/8/2022 09:05

maytree-what is happening here the share price alternating one day up the next down

[maytrees] 05/8/2022 08:26

Good morning

Is it always difficult to buy IGE shares?

No trades seem to be permitted this morning with even my limit order not going through. Eventually I was able to buy a few through the broker. Immediately afterwards the IGE bid share price rose.

[clocktower] 02/8/2022 14:16

Well picked up upon gnmartin.

It seems to me that someone is building a stake on what might turn out to be on the cheap, if they have been doing better than it would seem judging by the lack of communication with investors about any larger orders.

Good Luck.

[gnnmartin] 27/7/2022 12:45

clocktower, that youtube is rather spoiled when you notice that the suitcase in the image display is not the suitcase being scanned (note the different handle). I guess it is obvious they constructed the video, since the various parts don't fly about unaided, so they constructed it from the images they had to hand, and did not notice the mismatch (or did not think it significant).

[intoodeep] 27/7/2022 09:33

£1.4m mcap, really? WTF went wrong here? This company should have been getting all kinds of good projects and orders for their products, did they screw up the tech or financials and over/under price their products?