Parity Share Discussion Threads

[chrisdgb] 30/9/2020 10:29

Looks like we have an excellent base for a decent recovery here.......hopefully contract news will give us some momentum periodically.....

[1nf3rn0] 22/9/2020 11:16

If most of that 2.4m annualised cost saving drops through to the bottom line, without being eroded too much by increases elsewhere, together with winding down of low margin work, it bodes well for the future (with the usual Covid caveat).Market cap only 8m.

[weatherman] 22/9/2020 08:47

Generating cash, cost reduction, into profit even with revenue decline.

[+eysenck] 31/8/2020 14:23

Insideryou, I was being sarcastic in response to shouty man's moronic posts. The Helium and Watts holdings are reassuring.

[insideryou] 28/8/2020 17:50

Sure. He knows less than you obviously and has money to burn... 14/4% now which suggests they see great value as I do...

[+eysenck] 27/8/2020 13:45

Tim watts back for another 1%. What an idiot, he must not know this is going to 5p?

[+eysenck] 25/8/2020 15:43

..I though someone said there was "Exceoptional demand for temporary workers", and yet this is going to 5p!

[onjohn] 13/8/2020 14:45

Rns reach non material news Banks cutting contractors in droves 5p coming

[insideryou] 11/8/2020 14:00

Volume picked up in last few days... Always curious when that happens. But as always. Pty unloved.

[weatherman] 11/8/2020 10:11

hxxps://www.prnewswire.co.uk/news-releases/cyber-security-market-to-cross-433-6-billion-revenue-by-2030-p-amp-s-intelligence-860656101.html hxxps://www.newstatesman.com/politics/uk/2020/07/new-war-all-against-all-uk-needs-defence-revolution

[1nf3rn0] 11/8/2020 08:43

Interesting news this morning and on a day when the markets are flying. Strange it's not moved upwards yet. Very low market cap.

[insideryou] 11/8/2020 08:25

Very unloved, yet massive potential and a market cap that is so miniscule, I don't really get it...

[weatherman] 11/8/2020 07:26

Parity signed partnership agreement with CyberGym in cybersecurity market worth up to 2bn over 10 years. The value of the training agreement is not given.

[insideryou] 06/8/2020 07:44

Why? Based on what?

[parsons4] 01/8/2020 15:55

Yes I have got out of this one

[onjohn] 01/8/2020 14:35

Mind your eye Not many contractors working in London at moment 5p next stop I fear

[onjohn] 20/7/2020 07:37

profit warning severe reduction in early stage opportunities and projects at the height of the pandemic. Parity made the decision not to furlough any staff in order to remain as close as possible to its markets and is encouraged by the recent return of activity and prospects. It is too soon however, given general uncertainty, to come to any conclusion on future trading prospects. The Board will comment further on full year outcome in September.

[parsons4] 12/6/2020 05:26

Thanks to all for the information. It looks like a very good medium term investment. With the big fall in the DOW last night it looks like the markets are now turning down once again. The stronger, cash rich companies will have much less competition when this is all over. GLA

[teamaccounting] 11/6/2020 15:52

I listened into the presentation - Matthew's first comment on the outlook was 'Good' !

[insideryou] 11/6/2020 14:20

cash positive in April, after 7 years of debt

[insideryou] 11/6/2020 14:17

4 million annualised savings for 2020

[insideryou] 11/6/2020 11:53

“The Board remains confident that Parity has sufficient access to cash to enable it to trade its way through this period of global uncertainty and onto massive profitability. ;) I ADDED....” At less than 10 million market cap, this is a huge reward play if they get it anywhere near right.

[the shuffle man] 11/6/2020 11:30

I listened in and came away feeling positive. They are in a strong position going into this crisis having already restructured and cut costs. They have a fairly strong balance sheet and were cash positive in April. 70% of business is from the Public Sector which should be resilient. They said that wages had been cut by 20% but were going to return these to normal levels which i took as a positive as they wouldn't do this if they were really struggling. Lots of competition will be taken out by this crisis so when things recover they will be in a stronger position. I like the sector which is only going to grow and with costs taken out and the focus on higher margin business this is a good long term hold for me.