Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on company describing itself as a “leading global provider of software and technology to the flexible workspace industry” essensys (ESYS), in January with the shares at 36.5p I concluded including that I suggest the balance sheet position at the company’s half year will be very interesting and, with also adjusted EBITDA being manipulated bullshit earnings, question for long is the “foreseeable future” of the stated “sufficient capital”. The shares most recently closed at 18.25p and what of them currently down to 13.5p on the back of now the results announcement for the company’s half-year ended 31st January 2024?
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