In the 1st 21 days of January 1999, Colt's share price went up £ 4.40 / per share! Sadly this most likely wont happen this January!
Last year, it only went up 12p in January, By Mid Feb 2005, it had gone up 18p, by July it had gone up around 25p (56%).
In the 1st 6 months of last year, they were not cashflow positive yet... they were still incurring duplicate salary costs of 400 people with setting up operations in India.
In Q3 last year the went Cashflow positive for the first time, we will now start seeing the results of cost savings with jobs moved to India and contracts won early on in 2005.
Happy New Year!
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