C
Cockerhoop
@ranmoorruffian.bsky.social
UK Based Full Time Small Cap Investor
Relatively concentrated Top 10 circa 85%
GDWN, MSI, GAW, SYS1, ANP, ULTP, MACF, CRL, JNEO, ASY
I'm also a keen cyclist, sports fan and 'indie' music lover.
93 followers20 following23 posts
And in the short term we have the likelihood of FY25 Defence sales running ahead of FY24 results with a sprinkling of operational gearing thrown in (barring any project delivery delays on their lumpy contracts).
Looks really knife edge to me on viability. The AR has extensive GC modelling and I think they're in a Test 3 situation. I presume the properties to be sold are collateral for the HSBC overdraft so won't necessarily flow back into the business. Suspect training systems effectively being shuttered.
Held 10 of those over the years and still contains my current Top 3 😍
C
Cockerhoop
@ranmoorruffian.bsky.social
UK Based Full Time Small Cap Investor
Relatively concentrated Top 10 circa 85%
GDWN, MSI, GAW, SYS1, ANP, ULTP, MACF, CRL, JNEO, ASY
I'm also a keen cyclist, sports fan and 'indie' music lover.
93 followers20 following23 posts