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

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.