Adrian Hargrave, CEO of SEEEN, explains how the Company is now funded through to profitability. Watch the video here.
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Premier Miton microcap trust. I like that trust, and Gervais Williams.
I hope we dont need to read anything in to that, although the trust is very small - and has not performed well of late, CMH is a tiny holding within the trust, not even making the top 20: https://www.mitonukmicrocaptrust.com/portfolio-information/
Being closed end, it is not redemptions, but the fund has altered its investments and has obviously decided that there is more upside elsewhere. Cant blame them, if everyone is kept in the dark. Hopefully they have not been sounded out about a raise, but even so, they have just sold at a quite a loss to avoid one if that were the case. From emory, they bought in the placing at 3.3p I think (anyone better memory)?
It isnt the case that they are privy to information that we are not (except sounded out about a raise). However, there analyses and wider knowledge probably is far more, so maybe they can see a likely scenario here of mediocre results. Weirdly, its quite re-assuring for me. Plus its possible there was a buyer. The big trade was dated 24th, and PM say they cross the threshold on the 27th, so more going on in the background. I follow a lot of investment trusts, they are having a really tough time and may have completely unconnected issues going on.
Obviously, nobody is supposed to get wind of the results before they’re published. Assuming that that has been upheld, it could just be a simple case of the II becoming a little uneasy with the delay, just like us shareholders, and derisking a bit!
But who knows, all speculation at the end of the day
So Miton have reduced by around 2%.
They still hold over 7%. That could explain the 1.5 million trade that popped up yesterday.
Given the amount of the company owned by II’s, a reduction like this is a drop in the ocean.
On the flip side, Naturally, it does make you wonder why they would sell so close to results.
Let’s get these results out and then we can digest them and form our own opinions and strategies going forward
Yes draft, that would certainly not be welcomed! Good or bad, not long to wait now. Despite the delay, I’m going for the former.
Zero indications here that there’s a skeleton to jump out of the closet. But, this is AIM and anything can happen. However, this is an established business with a long history. Hopefully the worst is behind us and we are continuing on the upward trajectory that we’ve been led to believe we are on!
CMH accounts for around 8% of my investments. It’s a calculated risk. I believe the potential upside is worth it.
I agree with you re the delayed results. We have 2 trading days left. I didn’t think they would leave it this late. From what we’ve seen and heard there is no reason why the results should be so late! It’s bound to cause uneasiness amongst investors. That said, several IIs and TB are heavily invested. I think if bad news was on the horizon we’d have seen some pretty heavy selling in the past few weeks and we haven’t, so that gives me a bit of confidence.
2 days to go ⏰
hope we don't get a poker up the **** casted in the furnace
Individial AIM shares get a fixed % of my portfolio at time of purchase and no more, so I'll not be buying any more.
These delayed results are troubling me somewhat. However they did reply promptly to an email where I queried the pension scheme a few months ago, so they did demonstrate good investor comms. back then at least.
I’m fully loaded here, but depending on the results, I might free up some funds to add to my holding !
Anyone brave enough to buy a few ? !
Intra day results, or we head into Fergie time tomorrow
Got to be a buy?! Otherwise would have tanked to 1p
Clearly something is afoot! Will we get a TR1?
1.5 million trade printed from a few days ago. Now is that a buy or sell 🤔
Never seen it, but understand the concept.
Let’s hope TB isn’t bad Santa this year. Given how much he has invested, he’s aligned with shareholders so we shouldn’t have a problem!
3 trading days left ⏰
Someone said results tomorrow. We will see
Yeah i stopped Bad Santa 2 after 15 minutes too, im not watching that stupid woman. she was almost in the whole film. Bad Santa 1 was good
After watching Bad santa I decided to let my 11 year old watch it, didnt think much in it was that bad. Netflix only had Bad santa 2 so we watched that. Well we stopped the film after 15 minutes. We still laugh about it now. Not for minors shall we say. Very different to the first.
We really need some immense news to light the stove here, light the furnace, set the spark off, give us a cracker.
Their cookware site (emba) has plenty of stock!
Or an iron casting
Let’s hope so!
Into the last week now. Let’s see that red dot tomorrow and hopefully a Christmas cracker inside!
I watched BAd santa today with Billy Bob Thornton. theres a department store called Chamberlains in there. lol, lots of drinking and partying there, hopefully a sign!
They are certainly good at making waits...
A few months back I noticed that a lot of the weights were out of stock. I thought that Either
1) they had sold out and we’re not going to replenish stock
Or
2) they had sold out and we’re just waiting for new stock to come in.
I emailed the company twice posing as a customer enquiring as to when stock may be available again but received no response. I remember thinking at the time that it wasn’t great customer service. I took from the lack of response that it was number 1
Yes, I spotted that.
I suppose once China re-opened that was the end of that.
I have a pair here - they're superb.
I'm interested to see how they fit in with the Castrads business that's been all over LinkedIn - could be just he ticket for the Chuckery Road site.
On a side note..... Judging by the website it looks like CMH aren't in the foundry weights game anymore.
Most of the weights not available.
Hopefully this is because they are working on other projects with higher profits etc. and have ditched the stop gap stuff B2C stuff