Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video 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.
Wouldn’t hold my breath! Last day of month maybe!!!
So a trade of one share - otherwise known as a 1 code - maybe a RNS is finally arriving …
For completeness, Mxc will wind up with final payouts. In the meantime, they’ll do tender offers and cancel shares as and when they sell something.
They’re a tardy bunch anyway. And unless things have changed much going ahead, and following their trading update, then it’ll be as was. They were optimistic for H2.
I know we’re anticipating something on debt, at least with Mxc with whom it was mentioned they were in discussion ( Smith talking to Smith ) But with their history, I don’t necessarily expect it now, though hope for it to put it behind us.
Generally, with the Mxc partners retiring, my thoughts more go to what they’re going to do with IDE. It doesn’t take me far, but with Mxc’s large cash investment and shareholding, and the partners can only get their personal cash on sale and through Mxc on winding it up, Smith, Wheeler and the concert party have a real interest in creating greater value.
why "must" it be bad news? Daft thing to say - they have to announce to the market if that were the case. Its a delay in the audit - I'm very relaxed.
Seen this rise yesterday or no news !! - why are the final results taking so long to RNS (covid) ? must be bad news coming.
Been here a million times before. A brief surge. People try to hype it up. It'll be back down to 1p/ 0.9p in days.
We're past the hype now. Sorry!
Interesting last trade.....£18k.....1.2p
Hopefully it will do very well, i`m way down on this one. It will be interesting to see the response to a positive RNS.
Must be a leak surely?? RNS logged hopefully..
Lots of volume and mostly buys - either ahead of results or someone has heard a rumour imho…
I think Atos are providing more than enough work for IDE at present. Don't forget they are offering a service that Atos do not want to take on. The contracts are lengthy and with Parker's background in the Service sector, I think the future is quite exciting! Not advice, just an observation.
Right enough. From where I sit and the debt they have and the way they’ve dragged everything out I don’t think I would be signing up with them anyway. But customers have, or so they tell us, particularly second half.
I think it depends on the type of customer, but having had first hand experience in this area the customers do care. They want financial stability. If they're signing a multi-year contract they want to ensure you're here for it.
The customers, I think won’t care and probably don’t even know. I think shareholders are an unwelcome nuisance for Mxc, who run this. Shades of that when they took it private, without giving shareholders any option but sell or go into the dark with them. I bought a great deal more Mxc when it hit the bottom before delisting, taking the view It’s all about Mxc, and the partners and concert party will get their returns through that. And me with them. Can’t see why not.
So I’m quite ambivalent about IDE - but in fairness to all would like to see them build it up and sell it off to give IDE shareholders a return.
The daft thing is they must know this is coming up. Don't announce it minutes before the end of August like you've been caught with your pants down. It doesn't engender faith in shareholders OR customers. Do it a few days before at least and make it look a deliberate decision.
https://www.lse.co.uk/rns/IDE/update-on-final-results-ovdaf26el4l3rpr.html
Consequently, there will be delay to the release of the results, which are now expected to be released prior to the end of September 2022.
So another month to wait - might as well release the interims at the same time!! No mention of suspension though?
They had been granted an extension of up to two months, so we shouldn’t ??? be left hanging. They are required to do ( and say ) something.
In the meantime, what we have is :-
The Company confirm there has not been any changes to the information provided in the trading update on the 30th of June.
You never know, perhaps they’ll come tomorrow……….
It’s possible they could squeeze another month out of the authorities and be within the COVID extension - taking the mickey though at this COVID stage, I think.
No surprise there then. No results as indicated. Not too sure about suspension. We’ll see. Last time around on this nonsense they were off for 3 -4 weeks.
Can’t think of an obvious reason for delay. They’ve had ages to discuss ( with themselves mostly ) the debt thingy.
Absolutely nothing surprises me with this lot.
The non exec chairman replied last time …
A shareholder address, or the company generally? The lack of any news or social updates since 2020 looks so bad, I often wondered if anyone would even pick up the phone if there was an inbound sales enquiry.
Well sent an email to the company - let’s see if I get a response - not been this stressed for a while so hope the wait is worth it!!
Might send an email lunchtime - there on better news a good reason for a delay although I know of some audit firms who have lost a lot of staff recently