Progress Good steady rise in the SP
Progress Stock doing well at the moment - any current info?
Progress No obvious reason, RNS etc but SP up 14% which is good news.
Progress Very good 6 month report out today
Progress SP up today. Is anything going on?
Progress Steady growth since Oct last year and recent institutional buying. Looking good for further increases
Progress Results reported as good with several new appointments. Still no sign of a dividend however. SP up 10%.
SP This is my worst performing share at the moment. Has anyone any comments or thoughts where it is heading. I had high hopes and liked the company but feel they have lost their way a bit.
Re: down again There is an Edison note 10th July which has eps 9.73p for yr 2018, which is encouraging, so hopefully this slightly sub-116p to buy patch will be the share's nadir and I've bought in at that.m
down again Down down! over 22% today - where will this end?
Hope This share seems to be plunging down into the abyss. I had such high hopes for this company but they seem to have lost their way, Is there any hope for a bounce back anytime?
£9m placing at current SP Needed £4m so they said, and have £9m net of expenses so some headroom now. This should give them the woeking capital they need to sort the current situation and get back to growth. Strong hold, maybe a buy situation after the sharp fall in the SSP recently.
Re: SP I wouldnt disagree!
Re: SP Claude,Given the amount of cash the company had before the share buy back at £2.40 last year the financial management of the company has clearly been atrocious. They have clearly left themselves open to takeover by a company with sound financial management.
Re: SP I dont think that it has been particularly well managed. I hope that the new technology will take the company forward, and that the investment in acquisitions and sales teams will pay off. I think that the change of Chairman and additions like the most recent NED will strengthen not only the company and the management of the CEO by the Board but will also increase the standing of tthe Board in the markets. This is a company which ought to be able to gwet beyond the critical mass whereby they arent tight to the nearest £4m in working capital. After all, they are 60%+ owned by major institutions and I am sure that it is not in their interests that this company falls by the wayside given the obvious potential. Major Shareholders as of 15 March 2017 % Holdings Number of sharesM&G Investment Funds / Prudential plc group of companies 17.66 10,278,053River & Mercantile Asset Management LLP 11.59 6,744,367FIL Investment International 8.68 5,053,574Schroder Investment Management 7.70 4,478,381JO Hambro Capital Management 5.11 2,975,000Soros Fund Management 4.43 2,575,924Hargreave Hale 4.17 2,429,281The Blancco Employee Benefit Trust 4.17 2,428,026Investec Asset Management 3.30 1,918,854 Issued share capital as of 15 March 2017: 58,189,266Corporate management will need to improve in line with the potential though for it to succeed.At this stage, the share possibly/ probably offers a weak buy opportunity. You can see, I am pretty undecided! Im not selling anyway!