Celebrus Technologies aggressive share buyback and news about to drop Thursday 13th August

This for me is a certain value play. The share price dropped from highs of £1.90 to under 80p in the past year. When looking at the business fundamentals, it's strong for a small cap company. Great customer retention and a growing annual revenue model, with a solid dividend covered by cash in the bank and zero debt. Added in is the extremely aggressive share buyback scheme and director/insider stock purchases over the last month.

The company has announced they've secured 2 new contracts and one up-sale to an existing contract, after this announcement is when we saw the real uptick in company activity mentioned above.

The company has produced 14 RNS in the last month:

9 were share buybacks, totalling 300,956 shares.

3 were director dealings, purchasing stock.

1 was a new financial share award to directors if they achieve set growth targets (announced conveniently after the new contracts mention)

And the final one was the full year results.

How good are these new contracts? We don't know any details yet. But it seems more than a slight coincidence that immediately after the new contracts were secured and announced to the market, the company has shown an abundance of self-promise.

Investor Q and A 13th August, I expect news will be released here regarding the contracts.