Microsaic Systems (MSYS) has issued a “pleased to announce” trading update, emphasising that “the launch of the Microsaic Services Division, earlier this year, has resulted in an uplift of 40% in revenues” and “a healthy order book for H2 2022 which is the strongest ever going in to the second half”. So what of a current little changed 0.08p share price, circa £5 million market capitalisation?...

IQ-AI (IQAI) Chief Executive Trevor Brown is “pleased to announce… unaudited financial results for the six months ended 30 June 2021”. So ‘pleased’ that he’s done so at an intra-day 9:57am on the Friday before a bank holiday weekend… not usually a time to announce ‘pleasing’ financial results Trev! But then this is the Trevor Brown of pumping & dumping, spiv infamy. Now, why may these results not be pleasing for shareholders?

Forestry and timber trading company Woodbois (WBI) has updated emphasising “Record quarterly revenues with $5.6m generated in Q4 2019… Record annual revenues of c$20m for 2019, 48% increase year-on-year… The business has continued its rapid and consistent growth path”…

I first wrote here on self-styled “Western fashion experts for online Indian consumers”, Koovs (KOOV) in 2016 – concluding there is much still to be delivered to justify the valuation here – even at 25p per share… Not for me at such a stage and most recently last year; it’s cash rather than social media reach which is currently critically important!. The shares have since sunk further – and are currently further lower, at sub 3p, on the back of a “Second Quarter Trading Update”…

A first half of 2017 trading update from HaloSource Inc. (HALO) includes “we are very pleased with the progress we have made with our newly executed all-drinking water business strategy… we expect to see continued growth going-forward” and that the company expects operating expenses to be reduced by more than 30% compared to the first half of 2016, with period-end net cash expected to be $2.1 million. A Woodford dog with a different bark?…

In March I questioned whether the balance sheet of Eagle Eye Solutions (EYE) was sufficient despite the company stating it was confident of sufficient headroom to support its current strategic ambitions. It is now “pleased to confirm… 2,666,667 ordinary shares have been conditionally placed… at a price of 225.0 pence per placing share to raise approximately £6.0 million (before expenses)”. Hmmm…

I most recently cautioned on water technology company HaloSource (HALO) in February HERE. It has now announced results for the 2016 calendar year…

Having previously emphasised caution on digital promotions technology company Eagle Eye (EYE), I note the shares currently circa 6% higher today at 145p on the back of results for its half year ended 31st December 2016 and a partnership to deliver digital loyalty solutions in Europe with retail marketing company TCC Global…

Bank results always come as a great compendium of numbers and statistics: too much for the everyday average brain to comprehend in any easily coherent way. They must even provide a great challenge for banking analysts who, poor devils specialise in this sort of copious material which floods out like the contents of Pandora’s famous box into a world of trouble. It is even worse now that readers are asked to consider three different versions of Barclays Bank (BARC); the one called “core”; the one called “non core” and an amalgam of the two. It is mind bending stuff.