Bbalcony...you know full well these technolgy companies are hit and miss affairs...TFC was just one example. Telematice was going to rule the world, the next microsoft. But it didnt materialise. Yes TFC moved intt profit but soon went into loss again. Too muck hype here.
Eddy...the fact is this company has been going for yonks...still losing moneyand even if they did move into some kind of profit it could be years before they make a decent amount. The present valuation is far too high.
Moreover the Telegraph gave it a punt...come of it a punt!
To make money these days you have to be able to spot good qaulity companies that can sustain profitability..thats what i have done with Elektron.
They are making that much money compared to their market cap they dont know what to do with it. We have already had one buy back and more promised with an enhanced divi next year.
This is what invstment is all about...EKT is up from 2.5p to 15p in less than 3 years.
Better performance that this croc and EKT has just created a new division from nothing. !
You lot are in the wrong league being misled by a ramper paulypilot whose present performance has been dire. This one was pure luck and ramped up.
Balcony...now you have watched me on TFC saying sell sell sell from 96p down...
Was i right!!!
I did the same with MPS. BPRG. Ultraframe. MFI the list goes on an on
You will learn the hard way....shares like IND can collapse without warning.!