Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Started: panman, 13 Jun 2024 14:51
Last post: panman, 13 Jun 2024 14:51
Started: TrickyEFC, 14 May 2024 14:21
Last post: panman, 12 Jun 2024 16:35
They should have another day in the Sun at some point even with only Aeoniq.
So long as it stays on target then appears they're looking at $130M revenues/yr from their Portuguese factory alone from early '26?
I.m taking it we're waiting on them being able to convince a market that's been bitten once to believe its actually going to happen which seems fair enough.
Early production is nothing to be sniffed at in relation to their marketcap and that's getting closer or should be..
https://www.fmp-tv.co.uk/2023/07/06/heiq-mas-holdings-invests-in-heiq-aeoniq/
It’ll be interesting to see when this ticks up again… Somebody is happy to hoover up the shares down here as I can sell over 800k shares in one lump today… I think we’ll get some additional positive news soon and this should tick up again nicely imo…
It has only an £19M market cap now, so relatively small volumes will cause a decent price movement (both directions). I bought more recently as a punt; if they survive there is no reason I can see to prevent them recovering to trading on a level at least as good as it was prior to the pandemic.
New base I mentioned early seems to have happened just like that
Was not expecting it to move so much, granted thought we would have a tick up but 40% of just 31 trades.
Top of the leaderboard and under the radar 😁
Last post: TrickyEFC, 16 May 2024 12:09
Wrong board
Did anyone look into the tip i posted last week. if so hope ya doing well.
come on enet
Started: panman, 8 May 2024 08:50
Last post: panman, 10 May 2024 14:57
Re the partnership with Culp they're reporting the new heiq lines went down well at the Interwoven show with prospective buyers in what is apparently still a tough market.
"“They need something new on the floor when business does come back,” said Tammy Buckner, senior vice president of design and marketing, noting that the line offers a good-better-best pricing story along with high levels of style and comfort in each segment. “We have given it an equal focus to provide value in each area.”
Culp said it received positive response to its new fabrics as well as its new partnership with HeiQ that offers the company’s Allergen Tech enhanced interior upholstery fabrics, with Culp as the exclusive supplier. The company said that Allergen Tech addresses problems ranging from dust mite matter to pet allergens in textiles “with the help of active probiotics, making it ideal for applications in upholstered furniture, such as sofas, armchairs, and other upholstered furniture products, which are among the household items that are rarely or never washed.”
“We introduced this new option at Interwoven to all of our customers and had HeiQ on site for demonstrations and questions,” Buckner told Home News Now. “It is a finish that we can apply to any fabric in our line and it works with our LiveSmart or Washables line if the customer wanted to offer it as a part of their performance line. It doesn’t wash away or wear off so it does last for the lifetime of the fabric. This has been perfect timing for introduction with it being in the middle of North Carolina allergy season.”
“We’ve been really excited about the reception it has gotten at Interwoven and think it’s a great addition to our Health and Wellness fabric offerings,” Buckner added."
https://homenewsnow.com/blog/2024/05/10/interwoven-offers-aggressive-product-launches/
Reads well and from the news article Culp appears to be large.
HEIQ EXPANDS APPLICATION OF HEIQ ALLERGEN TECH TO UPHOLSTERY FABRIC THROUGH COLLABORATION WITH CULP
May 7, 2024
HeiQ partners with Culp to apply HeiQ Allergen Tech, a 100% biobased* solution that reduces allergens on textiles, onto interior upholstery fabric.
HeiQ, a leader in textile innovation, announces the extended application of HeiQ Allergen Tech to bring the benefits of this biobased textile technology to the interior upholstered furniture market, marking a unique launch into this segment...
https://www.heiq.com/news/heiq-expands-application-of-heiq-allergen-tech-to-upholstery-fabric-through-collaboration-with-culp/
Last post: TrickyEFC, 26 Apr 2024 10:35
£15k buy 🤔
Started: Troajan, 12 Mar 2024 15:11
Last post: panman, 22 Apr 2024 07:23
Pop into have a look every now and then here due to the promise AeoniQ seems to hold but good to see them win a major contract with synbio too.
It was about time they had some positive news imo.
And now Darren Morcombe has increased his holding from 10.45% to 11.55%… 🤔
So someone invested £250k to buy 2% of the company yesterday afternoon… 🤔
Dave
blimey,200p down to 9p,that's one long downtrend.
anyway,its all about timing and it looks like you got this top up,spot on.
once those placings have been offloaded.
since covid and high inflation,there's a lot of 5 year charts,mirroring heiq's.
bad news if you bought before 2020,good news,if your buying in,around now,just before central banks,start lowering interest rates.
soon be SUMMER.LOL.
I don’t disagree with you Troajan. I’ve been topping up down here over the past week or so and managed to get my average down to 15p (now got over 1.7m shares 😳) as think this will get back up to 50p+ over the next couple of years so good to see some buying today!
Started: Likeitornot, 1 Feb 2024 08:22
Last post: Mostyn, 11 Mar 2024 08:07
I'm in the same boat. significantly under water. On paper the products and the collaborations look good, but have we all been used to finance someone's personal play thing?
I didn't take part in the retail offer because I think it will keep dropping below the offer price. Thankfully i only speculated a little in this company.
The lack of updates frustrates me. This seems to do nothing.
I only speculated a grand on this a few years back, but at £1.31 a share.
I wish I'd sold out as soon as the shares resumed trading a few months back. Instead there is this daily dribbling away of value. A very frustrating share to hold.
Spread over 14 offices in about 8 time zones in 5 continents they would appear to be an overly complex business.
And without being cash generating I would say they were fighting on too many speculative fronts.
It is no wonder that they have struggled to keep up with reporting since listing. Further pains ahead me thinks until they can simplify and focus.
Restructuring/refinancing still to come.
Started: ria20, 30 Jan 2024 10:06
Last post: LP89, 1 Feb 2024 07:42
What happened to the Jan trading update?
Looks like we are stuck waiting until the publish final results in April.......assuming they can now get their accounts done in time.
One frustrating share to have been holding the last year this is
See more directors buying this in 2024 ...very cheap now
Primed for a bounce up
I wonder how their plans to raise $20M series A for the 3000 tons manufacturing plant in Portugal are progressing.
I see these multi-bagging and a great time to pick these up today
Started: ria20, 31 Jan 2024 12:52
Last post: ria20, 31 Jan 2024 12:52
Money to come in ...news expected
Started: Likeitornot, 8 Jan 2024 11:55
Last post: Krustysmegma, 22 Jan 2024 15:03
Have written these off now. Expecting a lowball offer, probably from management, to take them private again.
I can’t see them going to the wall! The business has been around for almost 20 years. I bought and sold back in 2021 but bought a few more just before they were suspended but have been hoovering up shares down here since they started trading again. I feel confident that they are a good investment, even at double the current SP but I guess only time will tell whether I’m right or wrong…
Management seem to be the epitome of the statement 'power is nothing without control'. They seem extremely innovative and entrepreneurial but without the ability or class to manage it properly over a long period. I am a small investor here and I would like to have the confidence to add more as there are some aspects of their business that I like - but they scare me a bit.
Unpredictable: as likely to go to the wall from their exploits as much as be the next big thing.
I think the risk here at the current SP is minimal. Yes, they’ve made some mistakes (delayed audit) but they will have thrown the kitchen sink of bad news at this at the end of last year. The bottom line here is that this is a good business that’s gone through a poor trading period, having got ahead of themselves but the MCap is currently at about 10% of what it IPO’d at so I for one think it’s a pretty sure thing to at least treble my money over the next 6-12 months and multi bag over the next 1-3 years! The team running this business have lots of skin in the game and Darren Morcombe, who helped IPO it, has recently increased his shares from 3.99% to over 10%! DYOR
Expecting to hear news of a refinancing deal and/or equity raise before the end of the quarter. Also an update on their cash burn. For me this is a company of extremes eg. Raising equity in a sub at $100m+ valuation from blue chips but only valued at a fraction of that overall; complex international footprint but unable to do the basics right (delayed audit). Plenty of risk here still from where I sit.
Started: DavidHos, 6 Dec 2023 14:58
Last post: DavidHos, 6 Dec 2023 22:58
“Doesn’t mean they will of course”
But if they weren’t thinking about buying more why bother going to the effort of splitting up the party… ?
Let’s hope they all do at this market cap!
* 26.01%
Darren Morecombe is now outside of the Concert Party. Per the 2020 prospectus he had 3.99% of the Company.
So DM can buy up to a further 26.1% before he hits the 30% threshold, and the others now have an additional 3.99% headroom on top of what they had previously to make purchases before they hit the 30% limit.
Doesn't mean they will of course.
So does that pave the way for the members listed in the Concert Party to now buy more shares at this bargain basement price as long as they don't buy more than another 11.16% of the total shares?
Started: SmallerThanLife, 30 Nov 2023 07:54
Last post: Thordon, 30 Nov 2023 20:07
Positive
Does anyone know if the US$2.75M settlement with ICP Industrial Inc. announced in the RNS today is good news, bad news, or as expected?
Started: ria20, 10 Nov 2023 15:56
Last post: ria20, 10 Nov 2023 16:24
Nice close in the afternoon and looking very goo finish
On the leaderboard.....moving up nicely and up 11 percent .....should see a strong close to finish
Started: ria20, 10 Nov 2023 15:40
Last post: ria20, 10 Nov 2023 15:40
Risers on the leaderboard.....buys outstripping sells and buyers coming in strong
Started: ria20, 10 Nov 2023 15:34
Last post: ria20, 10 Nov 2023 15:34
Now 14.00 has been taken and mms ticking this up .....we should see a very interesting and strong last hour and momentum is now in full force
Started: ria20, 10 Nov 2023 15:32
Last post: ria20, 10 Nov 2023 15:32
Risers on the leaderboard now ....some good and chunky buy kicking in and buyers flooding in now as they are seeing this is very cheap by the looks of it
Started: ria20, 2 Nov 2023 13:38
Last post: ria20, 10 Nov 2023 15:31
Nice swing back up now taking place and very strong buying momentum coming in now
Nice blue start this morning, lets see how much of bounce up we can get today and see this being a volatile share with big swing up and and downs.....maybe a traders paradise share....but lets see how it gets on today
Quarter of the value dips with no news! I get the risk but what is the reward? Another good kicking in the gonads.
Wow very cheap now.....anyone else buying at these bottom prices?
I could have swore it was but you are correct it is main i just checked.
Either way lets hope for progress in the Jan update (assuming they still do one)
Strange there wasn't any director buys when the stock dropped to 9p considering CEO topped up at 3x that value previously
Started: Krustysmegma, 23 Oct 2023 09:58
Last post: Masterbaker, 3 Nov 2023 14:26
Thanks, I missed those ironically it was about the range I thought we might end the day with
And I guess Amati Global Investors were the crowd who sold 8m at 9p…
There were 2 sells of 4m shares each @9p on 31st plus 3 sells of 1m and 1 sell of 2m @8.5p so someone was leaving the party…
Good call, but where from your 2nd Nov 12:12 post do you get sales of 8-9p
or just a typo?
And there’s the TR1 I thought would be inbound… Good to have an ultra high net worth individual accumulating over 10% as I’m sure he won’t be investing this amount of money to just make a quick buck…
Started: ria20, 2 Nov 2023 14:28
Last post: ria20, 2 Nov 2023 14:28
Now on the leaderboard
Started: ria20, 2 Nov 2023 14:26
Last post: ria20, 2 Nov 2023 14:26
With an industry partner for Graphene X
16 percent..mms ready to tick up
Started: ria20, 2 Nov 2023 14:01
Last post: ria20, 2 Nov 2023 14:01
Moving up nicely.
Volume crossed 450,000 buys doubling sells
400,000 crossed buys outstripping sells....buying pressure strong now
Started: ria20, 2 Nov 2023 13:46
Last post: ria20, 2 Nov 2023 13:46
Looking great for an afternoon rally
Started: ria20, 2 Nov 2023 13:41
Last post: ria20, 2 Nov 2023 13:41
Moving up the leaderboard