Market cap 15 million.

Debt 9.4 mil after converting.

Revenues up 50% in latest trading update, pre tax profits "substantially higher"
than last year of EUR0.91m, yet they expect an even stronger second half as
traditionally Gbo does better in the second half.

"Operating cash flows for the period were healthy despite the delays in
settlement of public sector invoices, as previously announced. Since 30 June
2010, the Group has reduced public sector receivables by EUR430,000 and management
expects that the remaining EUR3.14 million will be collected prior to the end of
the year. Net debt at 30 June 2010 was EUR11.4 million (EUR9.9million as at 31
December 2009). "

http://www.citrongo.com/
http://www.citrongo.com/index.asp?p=about

The broker forcast is what catches the eye here.

They are looking for Eps of 8.2p for next year and that was before the
very recent bullish trading update.

Anywhere near that and it's on a forward per of under 2, for a growth stock
you can see the potential here and see why there is big value in the low shareprice
if they do come good.

Nice start up 14% in this market is very accpetable.

Bidding for a lot of stock online so either the mm's remain short or there's one
or two buy orders in the system.

Next results in September.

They are still buying, all hidden on plus, shocking that the mm's can
still bid just 11p when buys are going through close to 13p now.

25/08/2010 12:39:38 12.85 10,000 O 1,285.00
25/08/2010 11:58:34 12.85 22,722 O 2,919.78
25/08/2010 10:21:46 12.90 50,000 O 6,450.00

100k sell near the close. Could explain the low bid?

Hi martinil2.

You like these ?

If you check the last 4 weeks trades there has been a persistant 100k seller
in the stock, no coincedence there so same seller for me, under 3% because
never a holding Rns, i cannot imagine them having too many left, of course it's
a guessing game but i think this is just stalling a nice rise to come.

Profits susbtantially up on last year and new Citron Go orders and as i'm sure
you have seen a massive increase in expectations for next year so all looking
good and in a market devoid of buyers the daily interest in this is promising,
just a pesky seller to clear, so many of them about.

More good buying on that crazy spread, punters are not being put off at
the moment, hoping this continues and the seller gets 150-250k out today.

26/08/2010 10:09:31 12.90 50,000 O 6,450.00
26/08/2010 09:23:41 12.82 22,411 O 2,873.09
26/08/2010 09:19:49 12.82 15,000 O 1,923.00
26/08/2010 08:01:27 12.82 2,700 O 346.14

Cheeky mm's, none stop buying all of last week and they shake on a 15k
sale first thing this morning.

Still bidding a large premium to get back the stock (11.5p), but they dont
want to let it go do they.

Early days but i can clearly see this is a heavily manipulated mm stock.

They just wont let it go, buys at full 13p offer when quoting 11-13p but
they wont up the bid however the real clue is the online bid and size which
is 11.8p for 150k so they are very desperate to get the stock back hence
their reluctance to push it higher.

looks like your alone here pal and not really surprised. Israeli aren't they?? These contracts they keep signing as well... Anyone heard of these cos??

GEO/BATM says it all about these Israeli cos, don't bet the farm!

I knew you would slip up eventually, i have a rough idea who you are but know you
are from the well known advfn ramping ring as you have turned up here with a new name and every stock you have ramped there has been 400% price increase targets and then you try and deramp this, what a surprise, try and do a little more research, i guess you missed the profits substantially ahead of last years which were already good, as for alone all the threads here are very quiet, they are not full of the two bit advfn rabble where you have come from.

"dont bet the farm"

Seems like a lot of people want to do exactly that, seems to be a lot of good vibles
around for this one, check out the recent plus trades and values not to mention the 50k and 80k buys today on the ordinary market, the market makers are desperate for stock, you can sell 250k for a premium and 100k gets over the mid price today, they cannot hold it down forever.

02/09/2010 11:06:50 11.90 5,065 O 602.74
01/09/2010 16:21:21 11.80 20,000 O 2,360.00
01/09/2010 13:26:58 12.95 15,213 O 1,970.08
01/09/2010 12:17:48 13.00 68,809 O 8,945.17
01/09/2010 11:12:29 12.50 15,000 O 1,875.00
01/09/2010 10:23:19 12.50 50,000 O 6,250.00
01/09/2010 09:25:06 12.50 159,092 O 19,886.50
31/08/2010 12:59:07 12.50 78,948 O 9,868.50
31/08/2010 08:12:19 11.30 1,574 O 177.86
31/08/2010 08:06:25 11.60 15,000 O 1,740.00
27/08/2010 12:28:52 12.82 50,000 O 6,410.00
27/08/2010 10:43:24 11.00 100,000 O 11,000.00
27/08/2010 10:27:32 12.82 571 O 73.20
27/08/2010 08:59:51 12.82 22,000 O 2,820.40
27/08/2010 08:56:03 12.82 3,000 O 384.60
26/08/2010 16:23:49 12.82 19,112 O 2,450.16
26/08/2010 10:09:31 12.90 50,000 O 6,450.00
26/08/2010 09:23:41 12.82 22,411 O 2,873.09
26/08/2010 09:19:49 12.82 15,000 O 1,923.00
26/08/2010 08:01:27 12.82 2,700 O 346.14
25/08/2010 15:12:01 13.00 40,000 O 5,200.00
25/08/2010 13:54:19 12.85 716 O 92.01
25/08/2010 12:39:38 12.85 10,000 O 1,285.00

I'm not deramping this? Why are you so touchy? I've seen you on the pie and pint thread and it seems your'e not very popular there, wonder why? Prefer iii myself. Have a look at HER btw.

Stop stirring it up, i know you are one of the usual suspects from advfn so
dont pretend to be innocent.

Looked like a clear deramp to me although you have no idea what you are
talking about.

ps...do you notice how many Aim english companies go under each year
so not sure why you are picking holes on Geo/Batm, they might have underperformed but they are not bust and most of the hype was due to
the dot com boom where no tech stock was immune.

ravy not sure whose upset you or advfn link but i can assure you i'm not deramping here. I was just intrigued as to why you were the only one here pumping ;-)
Now i know.

Are we going to get abusive now CR, i see your tone of posts is shifting
each time you write.

Well perhaps the jury is out, we'll see on Sep 14th when they issue their
results and no doubt give a update on the debt situation.

The market makers take the piss with this stock.

100k buy at 14p when 11-13p and still they refuse to move.

edit, finally moving, 11.5p bid but 12.45p bid online, huge difference.

Had a quick check online and they were bidding above the mid price (13.33p)
for size just before the close, looks like it was quiet but go to plus and there's
a glut of action and you can see why they were bidding 13.33p, the amount
of buys at 14p was impressive.

03/09/2010 16:31:12 14.00 5,600 O 784.00
03/09/2010 16:29:09 14.00 14,285 O 1,999.90
03/09/2010 16:10:55 13.33 25,000 O 3,332.50
03/09/2010 16:07:57 14.00 3,500 O 490.00
03/09/2010 15:43:25 13.33 1,322 O 176.22
03/09/2010 15:40:53 14.00 5,000 O 700.00
03/09/2010 15:38:52 14.00 10,000 O 1,400.00
03/09/2010 14:48:22 13.33 10,000 O 1,333.00
03/09/2010 13:54:02 13.33 7,493 O 998.82
03/09/2010 13:35:05 13.33 4,620 O 615.85
03/09/2010 13:30:52 14.00 13,000 O 1,820.00
03/09/2010 12:55:24 14.00 3,000 O 420.00
03/09/2010 12:46:53 14.00 15,000 O 2,100.00
03/09/2010 12:13:25 13.31 100,000 O 13,310.00
03/09/2010 12:04:11 14.00 3,333 O 466.62
03/09/2010 11:58:38 14.00 10,000 O 1,400.00
03/09/2010 11:55:37 13.31 10,000 O 1,331.00
03/09/2010 11:34:15 14.00 50,000 O 7,000.00
03/09/2010 11:25:55 14.00 30,000 O 4,200.00
03/09/2010 11:06:29 12.30 5,772 O 709.96
03/09/2010 10:58:33 13.00 15,000 O 1,950.00
03/09/2010 10:33:34 12.98 9,500 O 1,233.10
03/09/2010 09:55:35 12.30 44,152 O 5,430.70
03/09/2010 09:54:15 14.00 100,000 O 14,000.00
03/09/2010 08:24:03 13.00 25,000 O 3,250.00

Results tuesday.

What is making me ever so slightly nervous is this 100k seller is back and selling
now 1p under the bid, yesterday they sold at 12p when 13p bid and today they
sell at 11p when 12p bid, i have to hold for results, i believe the seller has been
around a long time so i dont think they know something we dont as results are
going to be very good according to news, but these sells have brought the buy
price right back down to 12.4p currently from a high of 15p, and 12.4p you could
argue is high when a mm has bought 100k at 11p this morning, but i'm going to
hold for results and see what happens then.

One mm has made a killing, must be the same mm who bought 100k at 11p
that has sold 200k at 13p.

That is more encouraging, once again a very large buy just before results.

keep pumping sunshine, you're on your own though I think. You just got to hope results are upto scratch because with just 3 Marketmakers this will collapse like a pack of cards. Best of luck ;-) keep smiling and buy stock.

Keep deramping !

ps...go back to advfn and try there, you might have a little more success.

200k buys are not to be sniffed at in this stock and the price is rising again
on L2.

Your not very good at this are you, there's actually 4 mm's in this stock !

I dont see anything special about this one.

4 marketmakers so there is. I'm not deramping just warning a few that this appears to be getting 'pushed' on other forums - where there's a pump there's a dump as we well know! And SEAQ stocks drop like sack of dog dirt when things don't come in as planned. I await the results with great anticipation, keep smiling :-) ticktock till the results then.

Glad to here it Mitzy, i certainly dont want the advfn rabble making a killing
here if it was to come good.

You do write absolute nonesense on this site mitzy, once again do you think
anybody is reading and taking notice of your posts.

Just have a look at what the broker is forcasting for next year, might be pie
in the sky but you never know.

CR.

Sounds a bit like Pele dropping from 90p to 60p in a few days, strange you never
said the same when you were pushing Pele then ?

I know who you are by the way, you could not disguise your posts and it did
not take long to show your true colours deramping most of my stocks :-))

lol, I always buy shares on the prospect of 'you never know'. Keep smiling, ticktock till the results.

You tell him ronny Ravey is a shameless ramper.

Oh i didnt realise shameless rampers posted facts that maybe they didnt
want others to know such as their debt or the fact that there is a 100k
seller hitting the price regularly, i've been honest right from where i started
the thread and kept it full of facts.

You two just post garbage here, pointless one liners fit for the ramping ring
at advfn !

Huge volume for this stock today.

A lot of 2 way trade and of course a lot of buying being hidden on the plus
market.

Wish moneyam would give us plus trade.

Good results and lots of new contract wins which will continue.

To be fair though the debt is still rising, that is too high so that
balances out the profit jump and contract wins.

As typical with results day there is selling and moving on, i took a 25% profit
for half as well and will let the others ride, think i can make more with the funds
elsewhere trading while the price consolidates around this level imho.

lol of course you did. I think that is what you call a precision pump and dump except the pump failed!

Why dont you go back and stay with your fellow rampers on advfn.

The price has rallied strongly now all the results traders have closed
and moved on.

I see you and mitzy are not posting a lot on Pele after your 200p and 350p
soon posts !

Loads of buys and the overhang is starting to clear.

Could retest recent high of 14p bid soon if this continues.

personally see this as a good value share fwiw - recent contract wins and international expansion reduce the overall risk, and largely they are delivering

the main negative remains the greek debt payment but whilst slow to pull in should ultimately be realised.

GLOBO plc
("Globo" or "the Group")

Company Statement

Globo plc issues the following statement:

On Friday 23 October 2015 the Board of Directors of the Group became aware of a report published by Quintessential Capital Management ("QCM").

Following the announcement by the Company on the morning of Friday 23 October 2015, an emergency Board meeting was convened as soon as practicable for Saturday 24 October 2015 to discuss the allegations in the report and to ascertain the actions that would be required to resolve the matter. It was intended that an appropriate independent forensic accounting team be appointed to investigate the claims.

However, at the Board meeting, Costis Papadimitrakopoulos the CEO of the Group brought to the attention of the Board certain matters regarding the falsification of data and the misrepresentation of the Company's financial situation, and offered his resignation, as did Dimitris Gryparis the CFO of the Group.

Following the meeting and receipt of legal advice, a committee of the board was set up, comprising the non-executive Directors only (the "Committee"). The Committee has accepted the resignations of Costis Papadimitrakopoulos and Dimitris Gryparis from the Company with immediate effect. Gerasimos (Makis) Bonanos (the COO) has been suspended from his duties with the Company also with immediate effect, pending the outcome of appropriate investigations. All of the executive directors have agreed to make themselves available and fully co-operate with any investigations.

The Committee has initiated discussions with appropriate advisers in relation to the next steps and to ascertain the true financial position of the Company. In addition, the Committee has asked the Company's lawyers to notify the matter to the appropriate authorities and the Committee has informed the Company's principal bankers.

Further announcements will be made in due course. In the meantime the Company's shares will remain suspended from trading as per the dealing notice on Friday 23 October 2015.