Totally Share Discussion Threads

[napoleon 14th] 24/10/2018 09:30

No choice but to wait for the results.
Clearly there is a need for precise figures if share price is to recover.
General market is doing nobody any favours - MMs blamed for more than is fair IMO.

If results confirm what that RNS hints at, then a recovery is on the cards,
but as peeps pointed out, we need complete accounts to be sure.

GLA

[microscope] 24/10/2018 09:26

Thanks for the, albeit naive, lecture, pug. :) Absolutely no evidence i think to suggest your hypothetical scenario applies here. You could make the same claim about any stock, and I have seen many TSs in my time which provide far less info than this one.

As soon as L and G are done, I think the recovery will be spectacular EDIT: Incidentally a lot of you appear to have missed that this is trading in line with Market Expectations (not management, a sad excuse imho used by a certain other company i could name...). So that indicates to me that we are on track for FY19 for revenues of over 80 million.

[arteespresso] 24/10/2018 09:25

The trading statement doesn't really give us much though does it. Still yet to be convinced, ultimately all will be told with the figures. The question is are they heading in the right direction, will see early November.

[nobbygnome] 24/10/2018 09:14

Still here for the long term......

[barvin] 24/10/2018 09:12

Solid trading statement, this is an absolute steal at this price. Especially with Virgin Care in the headlines with negative press and lost contracts and contract issues.

[1gw] 24/10/2018 09:06

Yes, they do say cash generation was strong, which is good. It begs the question of whether that's down to underlying positive operating cashflow or whether it's just the negative working capital effect as they expand, but on the face of it reasons to be cautiously optimistic for the results.

[pugugly] 24/10/2018 09:02

roundup- Possibly waiting for his TYRU profits!
PS- Suggest you think of changing your handle - now toxic after the US case upheld penalties against Bayer over the failure to warn of possible cancer risk !!

[spacedust] 24/10/2018 09:00

Micro - yes some of these are 3 year contracts which is great. Not sure why this share is picked on so much by the market. If any one of my other aim companies had a sniff of millions of pounds worth of rvenue they would multi bag.

Tly is self funding with solid revenue.

Graham I am a holder and will continue to be because eventually the price at some point in 2019 will be 100p.

But first stop is 16p I'm afraid.why? Because the mms want it simples.

[pugugly] 24/10/2018 08:59

microscope - Please take a course in basic account -
If you have cash in the bank - say £1,000 but have bills to pay of £10,000 you are effectivly bust unless you can make a profit of £9,100 in say the next 12 months-
A cash figure without the otherside of the equation is meaningless - QED..

[roundup] 24/10/2018 08:48

Where's Nobby?

[microscope] 24/10/2018 08:43

A rock solid trading statement in my view. Cash - and cash generation, pug - remain strong with cash at 9 million, and the 10 million in new and reconfirmed contracts is also fine.

Remember that many of the contracts are "multi-year" so don't require renewal every year. And in line with Market (not management!!) Expectations. Miton were pretty much forced sellers and Lombard on behalf of a specific situation. It's quite revealing I think that they mention they have done these checks, as I think the implication might be the buyback is more than ever on their minds.

Reassured... and tempted!

[grahamwales] 24/10/2018 08:27

Spacedust why don’t you just admit you don’t hold any shares ffs why lie when your so transparent in your posts

[lance corporal winstanley ash] 24/10/2018 08:24

10m of new and resecured contracts. That's rather wooly. You would expect to retain contracts. How many are new?

[spacedust] 24/10/2018 08:20

16p first stop

[football] 24/10/2018 08:18

PS. These trading updates or statements take a while to set up someone knew about this week or so ago just look at the way the share price has been falling

[football] 24/10/2018 08:16

The trading update could have been copied and pasted from rhythmone's last trading update where they say everything is going well and we all going to have extra portions of jam on our toast tomorrow, the thing is STT spends his life posting 24/7 running down one company which now seems like a personal vendetta against it while the other one which is in the same boat cannot do a thing wrong.
As someone put on the ukog thread the other day most ami companies just Bob along and have a spike now and again you just got to know when to get your money out and not fall in love with a share before they go bust.


And before anyone says it yes guilty as charged about falling in love with some shares or is it you don't want to lose that on the rise that you been hanging around years for


gla

[arteespresso] 24/10/2018 08:00

No positive cash flow and in line with expectations. Now where have I heard that before, oh wait .....

[knigel] 24/10/2018 07:48

Just look at the chart. Oversold is an understatement!

[1gw] 24/10/2018 07:44

Yes, I would have much rather seen a statement about positive operating cash flow, but on the positive side they have said trading in line with market expectations and it's not that long until we see the actual cash flow statement in the results.

[longshanks] 24/10/2018 07:43

Indeed. And a simple review of the final results shows that £1.2m cash was burnt between March and September.They are winning new work and cutting costs so the situation could be fine, but we need evidence that the boat is turning.

[pugugly] 24/10/2018 07:31

Confirmed that these institution have been biting the bullet and sustantially reduced their positions
"Pursuant to AIM Rule 17, following receipt of a shareholder analysis report of the Company's share register as at 30 September 2018 and having made appropriate enquiries with the relevant institutions, the Company has become aware that Lombard Odier Investment Managers, Miton Asset Management, Schroder Investment Management Limited and Canaccord Genuity Group Inc no longer have notifiable (3% or higher) interests in the Company. "


Still blathering about cash in bank rather than the KEY METRIC of NET CASH -Remember CAKE had audited cash - (not saying that the same scenario could be happening here) but cash is a virtually uselss metric without knowing how much is owed.

[spacedust] 24/10/2018 06:40

Who bought them off LnG?

[ttreb] 23/10/2018 20:49

This one been dropping for a good amount of time now, it has entered the buy zone on my list of yearly low strugglers.
I have taken an initial punt and if L AND G finish selling then we may be ripe for an upturn.
Anyone know what we do?