PADAMSTER
07 Jun 2017
Re: Annual Results You think £56k is not much money? In totality do you think someone holding 5.4m shares is not a lot?
photogene
07 Jun 2017
Re: Annual Results "previous events have impacted the share price " do you mean by previous events, the 12 years of losses since going public? Or the broken promises? Or the misguided management? Or the massive losses of shareholders cash?
photogene
07 Jun 2017
Re: Annual Results Big buy? About £56,000 hardly earth moving.
PADAMSTER
07 Jun 2017
Re: Annual Results Theres no change in my attitude. I have been a buyer and positive about this company and previous events have impacted the share price to where it is now due to a number of issues.As I say - take any company and there is always a risk.
PADAMSTER
07 Jun 2017
Re: Annual Results Read the rns holdings and you will note the big buy!!
photogene
07 Jun 2017
Re: Annual Results Looking at the volumes recently I can't see any evidence of a buyer.A year ago Ronald stated that there was to be a Saudi partner, this was at the time that they agreed the borrowing from Roberto Sella and the Saudi partner has never been mentioned since. In December they drew down £1 million and that has run out and now they have drawn down the final £1.5 m which might last them 5 months, with nothing after that.My only doubt on this is what was the motivation of Roberto to kiss goodbye to £5 m, what does he know that we don't. My guess at the moment is that they are probably frantically trying to find a buyer for the business, before the cash runs out.With Padamsters change in attitude, be warned my opinion is they are on the verge of disappearing, leaving you all with nothing.
PADAMSTER
07 Jun 2017
Re: Annual Results theres a risk in any stock. I believe they have gone through the worst and now building revenues and the results hopefully will show. The key would be to understand the financing situation which I am sure will be revealed soon.
photogene
07 Jun 2017
Re: Annual Results Well that's a complete change of attitude Pad, normally you just shout me down. For years you have been ramping this and now all of a sudden you state there is risk. Interesting.
PADAMSTER
07 Jun 2017
Re: Annual Results Final results due this month. We will see the direction. I remain optimistic on prospects but admit there is a risk attached. There has been a buyer recently!
photogene
07 Jun 2017
Annual Results I can't quite believe that none of you have commented on the results issued in March. Since 2011 revenues have dropped by 27%, despite every year he Board telling you that the massive growth is just around the corner.Last year they lost another £4 million, that's a staggering £340,000 a month. Remember that's £4 million of other people's money. However at long last after all these years finally in the statement Ronald admits he has got things majorly wrong. In any other company that has squandered so much cash over the years and then to admit it got it wrong the main man's head would roll, but no not here.I just can't understand it and I can't understand why any shareholder has kept faith in this company and this man.Looking at its prospects, they admit that some customers have cancelled contracts, doesn't that just prove that the platform doesn't produce the savings that the company has always promised. If it did make savings why on earth would a customer cancel. And what about new prospects, would you implement a solution that clearly hasn't worked in the last 10 years.I am no expert and had errors of judgement on other shares (OCT in particular) but why would anyone invest in a company that for over 10 years has lost money consistently and promised so much and delivered nothing. Even with revenue of £1.7 m, they neglect to be clear that nearly 40% of these revenues come from their old legacy Company Formation business, which you find deep in their accounts. So the iCloud business that so many people have pored so much money into has revenues in 2015 of just over £1 m, very sad.
alltold9
05 Apr 2017
News News News Is all we need now!
city watcher
02 Mar 2017
More news please I too have been watching this share, but expect some hefty selling soon. Taking a profit is tempting to certain investors. I need to see some positive update from Ronald Duncan to re-invest. Viewing the graph, the trend, unfortunately looks to be still downwards.[link]
wisechoiceguy
02 Mar 2017
Re: Share Price Precisely the kind of turnaround I was referring to....not necessarily a turnaround in the company's performance, but a turnaround in the share price. All about guessing when to get in and get out. Probably just manipulation.....it's a mugs game. On my 45p investment I'm way down, on my last buy and sell got double money, small change compared to the 45p investment, but gaining back some slowly. All luck though, no communication to give any positive news. I'm babbling on so signing out!Not so WCG
PADAMSTER
01 Mar 2017
Re: What? Buys of £15k. Results out march. This stock has fallen on very small sells and exacerbated by no buying. In my view of course
takingachance
01 Mar 2017
Re: What? I have no idea but I have been waiting for it to start going up for what seems like ages. Maybe there's some good news around the corner.
