More big losses

Tuesday, Jul 05 2011 by
2

The company showed an increased losses for year 3 with reduced revenues. The sales through Ford clearly have not happened. This spring the chairman changed rapidly twice, a sign of problems. From the accounts it looks bad, could run out of cash. Not a good investment, best sell while you have a chance.


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Octagonal Plc is a United Kingdom-based investing company. The Company holds around 9.97% interest in Global Investment Strategy UK Limited (GIS), which is a financial services company trading in the global markets, including equities, fixed income, commodities, currency and futures, using its online trading platforms, and clearing and safe custody systems. GIS offers a scope of settlement, custody, banking, broking and advisory services to professional, retail, corporate and eligible counterparty clients. GIS has around 100 counterparty relationships, including local and international investments banks transacting in the United Kingdom. In addition to its core business of global settlement and custodial settlement services, GIS has an Investment Management Division, managing funds for both domestic and overseas clients on a discretionary basis. GIS's global settlement and safe custody clearing business transacts for over 300 global hedge funds and family wealth offices. more »

Share Price (AIM)
1.35p
Change
 
Mkt Cap (£m)
7.6
P/E (fwd)
n/a
Yield (fwd)
n/a



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