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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, formerly Suretrack Monitoring plc, is engaged in the provision of security systems that enable both corporate and individuals to protect, track and recover their assets. The Company’s operations are run through IBP Limited. IBP Limited supply a range of products to its united kingdom and European clients that focus on deterring or reducing the incidence of robbery, primarily related to cash and protecting the client’s employees and customers from violent crime. On March 5, 2012, the Company sold the tracking device business. On March 5, 2012, the Company disposed Sure-Track Europe Limited. more »

Share Price (AIM)
0.421p
Change
0.0  0.0%
P/E (fwd)
n/a
Yield (fwd)
n/a
Mkt Cap (£m)
3.4



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