im no expert, we have the following coming
Q2 results due within 10-12 days
Then the half yearly tallying financials mid feb
ALC has expanded defence deal by 5 million or so already over the following 57 months (making the defence Jp2060 project the largest customer)- this is for a 80,000 size defence force I believe- and defence has got scope to expand significantly to double what it is contracted for a year now
They landed another UK trust.
so tbh they have been 1-2 contracts light this quarter so far I reckon; one more I would have thought.
So it's probably the anticipation of the above
And they have said they are on the cusp of being profitable. When WSP announced a few months ago they were now profitable it's share price jumped 40% that day.
thats all I can think of
Oh and new announcements into new regions; India, Europe, UAE all on the cards for this year
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