PapalPower
- 05 Sep 2007 17:19
- 35 of 37
Brief commentary on GCI tonight.
http://www.growthcompany.co.uk/news-and-comment/259324/belgravium-on-the-prowl.thtml
Belgravium on the prowl
Companies: BVM
05/09/2007
Data capture specialist Belgravium Technologies is eyeing new acquisitions after raising interim pre-tax profits 41 per cent to 1.1 million.
AIM-quoted Belgravium, which has carved out a role in supplying and maintaining efficiency-enhancing and cost-saving data capture systems for warehousing, distribution and petrochemical delivery, increased turnover five per cent to 5.2 million in the first half of the year. The company, which is working to increase the more profitable software licensing part of its business, has been integrating major recent acquisitions and evaluating new areas of expansion, such as community transport and defence.
According to chairman John Kembery, Belgravium, which increased pre-tax profits 88 per cent to 1.8 million last year, expects to enjoy a very profitable second half-year. However, he warns that current uncertainty in financial markets might delay some impending contract awards.
Any new bids would be for cash, he stresses. At 13.75p, down 2.3p today, Belgravium shares have interesting medium- to long-term potential.
halifax
- 05 Sep 2007 17:24
- 36 of 37
Today's sp fall once again proves the old addage buy on the rumour sell on the news!!
hangon
- 18 Jul 2008 14:39
- 37 of 37
No interst 2008?
Well FWIW, the sp is down to a few pennies, = overall Market gloom, which makes me think this "might" soon become a good Buy. I note that earlier this month two directors bought collectively 27k-worth - that's far below my "interest-level" of 50k each!
So I suspect this is them saying: "All is well enough, but not that good...."
- IMHO -
I shall wait a bit longer. Anyone know their Cash position, Share-buybacks ( Grr!), etc.
Any opinions from long-term holders, perhaps?
EDIT, (22Dec08)-
?Maybe something in 2009 - currently abt 2.75p to buy.
EDIT-(1July09), down 10% after some improvement in Market generally, buy=3.5p
EDIT-(March2010)- Looking much the same a year-on...business does not need fancy tech; with zero orders.