Happy to respond. Nice to make the acquaintance of a long-term AVN investor, and it is, in my judgment, perfectly ok not to limit oneself to market discussion. By the way, I had thought prior to reading your message of today that the asterisks in the messages were set forth not by a censor but by each individual writer (or to use a French locution, <<par l'internaute.>> Oui monsieur, Rob est francophone.)
I am from Massachusetts, I too have a friend in Connecticut; but I spend the winter on the west coast of Florida in a spot called Sarasota. Perhaps you have been here. From time to time, I meet English and European people in Florida. Where in France do you live? I imagine in the summer. I do not know the entire country, but I would say that the nicest places which I have visited beside Paris are along the Mediterranean. I always forget the name of the seaside spot that I like immediately to the south of and legally connected with Vallauris, but I have stayed there a few times. In more recent years, I have favored some sandy beach towns in Italy. I would say that my favorite among the resort towns that I have visited in Italy is Marina di Pietrasanta, 30 km to the west of Lucca.
I was looking early this morning at an unusual AIM-listed company called Fox Marble, symbol FOX. Quoted around 20p. They hold marble quarries in Kosovo but they also have something to do with the marble business in Carrara (which is very close to Marina di Pietrasanta). I was thinking that Fox Marble is a good play, but I found a feature in the financial statements that disconcerted me. It seems that the incorporators swapped less than two million pounds' worth of convertible loan stock for more than six million pounds' worth of ordinary shares when the shares became AIM-listed. Maybe the swap is fully justified by the risks assumed by the incorporators, but my brain suggested to me that the terms of the swap may not be the friendliest way to have treated the public shareholders.
I am always receptive to new share opportunities. I see that there are people who like DOR around here, but very hard for me to get my mind to grasp the financials of a very low share price and 4 billion outstanding shares. You probably know that this type of shareholder structure is nonexistent here.
I am going to click on your nom de plume and have a look so I might understand the other companies that you favor.
Still early in the day here, maybe I will find some very promising opportunities, or maybe you will just tell me your favorites of the moment. No need to caution me about the risks. Am sufficiently aware.
My best to you and to the other agreeable posters here.
Hi Rob . I have visited the States in the teens of times and love the place. I have a friend in Connecticut and we actually started a US / UK dictionary years ago , you know the sort of thing sidewalk / pavement, gas / petrol etc etc ....good fun. Anyway as you now know s l a g g I n g someone off is to have a go at them. It isn't bad language per se but merely slang , hence my surprise at it being censored. I am Escargot because I spend just under half the year in France just FYI . Where in the States are you roughly ? Don't have to answer that if you don't want to, just being nosey ! By the way I have been a holder here for about 2.5 years and feel very comfortable at the present situation.
I have visited England several times, but I do not recall having ever heard the British phrase "****ging off." Upon reading it, I surfed over to dictionary.com and now I know. Always like to learn, even if almost no one here would understand.
I can't speak for everyone but personally I have no objection to folk discussing other companies on the board ,unless of course it is obvious ramping ,which I don't think you are. Last year when there were some very active AVNers posting ( Skooby and Old Gimmer just to mention 2) all sorts got discussed, the weather,gardening DIY projects ,wine it was more like blooming Facebook but good fun and we always dropped in a token mention of the company ! At the moment there is not too much to discuss,things are going steadily well and no disasters ( hopefully) . Compared to some other boards, where people are constantly ****ging each other off ,AVN is a very pleasant,civilized environment.....welcome Rob.
I understand there are 1600 companies quoted on AIM, so it is easy to have missed a few(!).
When you consider AVO, you may find yourself perplexed as you try to determine whether significant revenues are about to be generated. If significant revenues are really about to happen, then why is the market cap only 20 million GBP? Yet, the story sounds quite promising. The board have a meaningful stake, and a company about which I know nothing (called Brahma AG, so those last two letter imply either a German or Swiss group) recently exchanged some of their technology(?) for AVO shares. I think I saw that Brahma AG holds 29% of AVO shares. So to me, a seller who accepts 100+ million shares in a little company would not have done so unless the story looked solid. I am also impressed that a consultant to AVO is one Dr. Loeffler, a prominent expert at Massachusetts General Hospital. I don't think someone like that would associate himself with a company unless success is highly probable.
ODX is interesting, but at a later stage and with slowly rising revenues and profits. I like the story, but the board do not seem to hold many shares, and I will watch for now. As you probably say sometimes too, one cannot own 'em all.
AVNR is not known to me. I will give it a look. By typing this message under yours as I have done, I may avoid the ire of other AVN investors. Given that this is a rather quiet board at present, maybe you can write back almost unnoticed whenever you have a thought. I always am happy to share ideas with pleasant, smart individuals; my impression is that you fit said criteria.
I am also smiling at the moment on AVN rise and prospects for 2014. Not been following AVO or ODX but I will have a look at those. Have traded in and out of the rises on US medical stock AVNR recommended by Bloomberg but this has been very volatile. Apologise for mentioning non AVN matters. Best of luck to to all for next year. SS.
Nice to see the bid @ 250.50p this day. I am writing from across the pond, and I have been invested in the Avanti share for only a few weeks. It seems to be a share with good potential for 2014. I caution any and all to conduct independent research.
I think it is not politically correct here to mention other companies on a message board, so I will apologize in advance: When looking around last evening for opportunities, I found myself intrigued by two AIM-quoted companies in the medical sector, AVO and ODX. AVO seems higher risk, ODX has some earnings already but a much higher market cap. I wonder whether anyone here is familiar with either of these two companies.
I wish all Avanti Communications holders the best.
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