Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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this is about to pop ?
they got £4m funding.. (£2m already paid in cash) The Company has set up a new limited liability partnership, Morgan Ashley Care Developments LLP ("MACD") into which it is transferring the majority of the pipeline schemes from its Housing division. MSIL has acquired a 50% interest in the new venture for a total consideration of £4 million (the "Transaction"). The Company has today received £2 million in cash from MSIL and will receive a further £500,000 at the beginning of January 2018 with the remaining £1.5 million contingent on certain completion mechanics but expected to be paid in early 2018.
Market cap £4m and they just got £2m of funding? Not surprised
never seen this go so high lol
https://www.youtube.com/watch?v=aEsjpRNvF3g&feature=youtu.be&app=desktop ASH are right in this space.
I’m wondering why the company have not announced this agreement as it appears to be a significant one?
This is very promising and in addition to the 2 imminent housing projects in the pipeline Looks like times have truly changed for ASH these past few weeks
Five suppliers of modular buildings have been selected by the Football Foundation for a framework worth �150m to supply changing rooms. (...) The chosen companies are: Ashley House PLC (...) www.theconstructionindex.co.uk/news/view/five-win-150m-footie-changing-rooms-deal
Expecting announcements that will be highly positive for ASH and their majority owned partner F1 Modular This is a company with a very promising future DYOR
For the company to update us further on recent govt policy developments. As rich says there�s probably a lot going on behind the scenes but whatever it is it ain�t doing much for the SP. Yet.
Agreed Dibs. The lack of news from the company suggests they are working something up behind the scenes...over at CERP a placing there saw the SP rise to nearly 50% above the placing price so it can be done (although its only 20% up now!)...ATB to you too.
Well done rich you sold at a good price into sp strength. I agree about the possibility of a placing. However I think it would ultimately be seen as a positive by the market as it will be raising funds for capex to press ahead with projects. So I would expect rerate to continue afterwards as the market increasingly takes on board the large potential. ATB
Still no news from the company about the government reforms but another big rise today - something on its way in the morning perhaps? I sold up last week, needed the funds, regret it now but had no choice. May get back in on any dip from here but slightly concerned that a placing may be coming - they have been surviving on Directors loans so they will want paying back. Still no interest form the herd who have missed the 100% rerate already achieved. GLA.
With a very high probability of a �200m revenue pipeline being unblocked here and a MC which is a tiny fraction of that figure. Go figure... DYOR
Nice - just been quoted 11.44p to sell!
Live SP 11.425p and rising. I share your near term target of 15p and expect us to hit that next week on confirmation by ASH that the Government's revised proposals will be very positive for us.
15p on the horizon next
Further progress. Rerate well and truly underway. Come on the teens!!
And company has �200m revenue pipeline soon to be unlocked? Major valuation discrepancy? Await RNS to advise companies view of fresh position regarding positive govt response
So far so good. SP of 5.88p last week, closed at 10.5p today and it has risen only on rumours and speculation without ASH having confirmed just how positive the Government's U turn will be for us. My view now is that if we can keep rising without a RNS then don't issue one until next week?! We should be at 15p by then.
https://www.socialhousing.co.uk/news/government-proposes-new-funding-system-for-supported-housing-53007 Great news for supported housing Great news for Ashley House And great news for my PF
And smashed!! 10.45p hit. I can now see this getting beyond the mid-teens when the RNS comes, as I suspect it will be very, very upbeat with a view to setting a new base for the SP and giving the BoD some financing options.
Make that 9.85p - come on ASH you can do it...
Nearly there - 9.75p. Nice steady rise awaiting the next RNS...