At 12p this looks a great BUY.Remember after the deal with Suvair this shot to around 30p ! Next news I am sure will be the announcement of some major deals.Fill up at this level.

Couldn't agree more PSG have 200k's worth to get rid of, then it's onwards and upwards :)

Just been reading through the notice of the EGM and have to admit to being rather concerned about the proposed consolidation of the issued shares. ETQ are proposing the following:

1) Every 1,500 existing ordinary shares be consolidated into 1 new ordinary share of nominal value 3.75.
2) Each new ordinary share of 3.75 be sub-divided into 60 new ordinary shares of nominal value 6.25p.

First point that comes to mind is why not simply consolidate on a 25 to 1 basis the existing shares rather than a two stage approach as proposed?

But my chief concern is resolution 3: That each of the authorised and unissued existing ordinary shares be re-designated into one new ordinary share with a nominal value of 6.25p each.

In other words, all the unissued shares will not face the 25:1 consolidation that our shares will undergo. Why should we be concerned? Well consider all those stock options that the directors have and haven't as yet taken up. If post-consolidation they take up their options, they will have in effect received 25 times more shares than the original options were intended to give them at (presumably) the original option price.

Or am I missing something?

Consolidations always bother me. I know all the arguments about increasing the nominal sp might make the shares more attractive to institutional investors, but from my experience, each time a company that I have held shares in undergoes a consolidation, the sp tends to drop to a price far lower than the consolidation would have predicted.

I would urge all shareholders to vote NO to the resolutions, particularly number 3.

AGM Today anyone going ????

Results out tomorrow and they could be good

Is it time to look afresh at this stock? A director buying on two consecutive days to take his holding to 2.52% is a start. The Tchenquiz backing pretty much underwrites this stock and there is always the possibility of corporate action at some stage - the Tchenquiz' s motto seems to be that they do not have failures and this stock must have been a source of embarrassment to them in the past despite now being profitable. I think that the next two months might see some better times. Anyone else have any views?

Is this stock about to do a deal? Nearly 6 weeks past the director buying in March.
Anyone know anything?

ETQ is still strengthening - why? Anyone know?

Looks like the mgt have a deal in the making.

A touch of déjà vu Sharesure?! :o)

Good results. Recall that the mgt reckoned to plan to turn this company around (seemingly achieved now) and then seek a trade buyer. Looks like it it is all going to plan.

have been onboard way back, a loss maker for me , to buy on weakness £1.60

With two directors buying stock today and a new high, I would reckon on better than expected results due to be announced in a few weeks and a bigger dividend. It could even be followed by a deal to buy the company or take it private; that would add further impetus to the sp. Seems a good hold/buy for a couple of months and then a profit at the end of it. DYOR and see if you come up with the same conclusion.