And by coincidence, Midas Daily Mail tipster published a nice summary on Saturday night, which I assume will appear in the Monday newspaper on Monday.
http://www.thisismoney.co.uk/money/markets/article-2326673/M...
......The firm joined AIM only two years ago but already numbers some of the world’s biggest oil companies as clients. The shares closed at 470p on Friday and will almost certainly move higher over the next few years..........
......The firm is growing fast. In 2011, sales were $6.3million (£4.1million). They were $12.3million last year and they are expected almost to double again this year to $23.2million, rising to more than $50million by 2015.
The group is also expected to move into profit this year, with a pre-tax figure of $1.6million, soaring to almost $10?million in two years’ time. MyCelx is based in Georgia but is chaired by former UK Energy Minister Tim Eggar, who has almost 30 years’ experience in oil and gas. Eggar joined MyCelx just before it floated and his appointment was widely seen as a vote of confidence in the firm.
Midas verdict: MyCelx shares are 470p and have done well since flotation. However there is plenty more mileage in this stock. Buy.
(thanks PaulyPilot for the link)
Regards Freddie
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