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Unfortunately we all knows what happens on results day , we needed to be higher to absorb it. It'll come .....one day.
I feel like Schrödinger’s investor. I am either a happy bunny or a disappointed rabbit. I’ll know tomorrow when they open the results box.
Sums up the state of AIM at present that TRX are trading at the same valuation as 3 years ago, despite clearly executing on all fronts and not returning to the market for capital. If this can break 70p tomorrow then it could rerate quite significantly IMO. Pre Woodford / Invesco dump & subsequent funding issues (which likely wouldn't have happened if Woodford hadn't gone to the wall) this was a £100m+ market cap which was a long way from profitability!
Hoping for a little bit of interest here before tomorrow's results (hopefully not everything is already priced in). GLA.
I truly hope you are right. Business has grown qtr to qtr with new products and territories to come and led by competent managers - fingers crossed
Oh well this time tomorrow we will have digested the final results. This is not hardly noticed except by a few canny large holders.. May be proved wrong but the last year the sp has been moribund. I think it will prove the quiet before the storm...
Jonny investing is not supposed to be fun. Holding this share is like wearing a hair shirt and beating the soles of your feet with a flail. However next week we may find that there is a reason to celebrate. Generally there is quite a lot of optimism that the company is about to get a large leg up... And you got to be in it to win it..
It hasn't been a lot of fun if you were a holder when they did the last placing at the massive discount and decimated the value of your holdings, then years and years with the exception of last month of virtually no added share holder value. Hopefully all that's long behind us now and its onwards and upwards.
I may be wrong of course but this company has spent several years establishing a strong foundation after a period of turmoil. That foundation appears rock solid with distribution agreements in place, regulatory approvals just around the corner and demonstrated demand for its products. Honest, entrepreneurial management with a strong team under them and new manufacturing capability to come in the years ahead - it has been a lot of fun (for a change with aim companies) to be part of the project
Going to be a powerhouse in my view
The finals should confirm the good news from the interims, and hopefully report more progress. The notice of results should excite some interest in and demand for the shares amongst PIs, so I'm expecting another run up in the next couple of weeks.
Bought some more this morning on that basis.
I'm feeling good about this one too. Fingers crossed for a steady rise!
Yeeeessssssss. I'm exited about this one. Hopefully it will continue the positive momentum of the SP . And push us into new territory.
A few profit takers the last few days but future here is bright imo - should have a new base no lower then 65 with a further launch into the 80/90s this year
Keen large buyer/s at this level is a good sign - Gives confidence in the strength of the underlying business.
Still not at fair value though.
TRX has been unfairly hit by every macro event and nervous PIs pulling their money.
There has been no intrinsic reason why the share price should have dipped back down to 50p recently.
A gem of a share and I'm glad i took the opportunity to add in the 50s.
Even at 70p this is a compelling risk-reward play.
Yes, this has always been an investors share - my largest holding and one I am going to keep for many years. Love the management, TRX team and products. With regulatory approval to come in some jurisdictions, growing number of distributors and sales the future is bright here - in my opinion
Investors are waiting for the ten per centers to sell and snapping them up.not many shares available .
It's nice to be consistently back in the black with this one.
Ray of sunshine in a sea of grey and rain..
Slowly but surely wins the race :) Always been confident with the managment here which makes it an easier investment case.
It's good to see the share price rising above 60p, but the intra-day high for the last year is still the 70p it reached on 31st March 2023. I won't feel confident in the short term until it steadies in the 70s and I can see a likelihood of further rises after the annual results. At the moment it is still a very thin market.
Agreed covgaz, everytime there's been a spike it's turned into a disappointment. I'm feeling more confident with a slow but steady growth.
Agreed - just like the underlying business steady growth - genuine gem of a company - unusual for AIM
Ticking along nicely , we don't want spikes.
That was the price target based on 4x forward (2024) sales. It may well be upgraded further to 4x 2025 fwd sales once the final 2023 figures are out. This must go higher this year. I’m looking for min 85p by year end and £1.50 next year assuming progress continues