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Feedback looks interesting - could easily be a ten bagger over next year

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mikegodfrey - Fri, 02 Jan 04 :

I think the board has acted swiftly, and probably correctly, in disposing of Teknical. Certainly it's a change in events from the 2002 AGM when Roger Barnett, the previous MD told me that they had purchased Teknical just at the right time. Still, it looks pretty clear from the figures that this division just wasn't performing, or maybe Tom Charlton wants his loan back a bit sooner!

Re-reading the interims, we must hope for some better times ahead from the remaining groups. Teknical always seemed to be a conundrum for the company and now it's one distraction out of the way. Let's hope the delays in the instrument division have been resolved, that Germany continues to be profitable and data has a better second half.

Better times ahead IMHO


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