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Hi Lotm. I stopped trading PFC a while back fortunately. After the penultimate news I stayed well clear. That one’s going to leave retail investors high and dry I imagine.
I’m not opening up on any new companies at the moment.
In my mind SYNT has pretty much doubled on ‘tame’ news which has not yet indicated a pathway back to cash generation and shareholder returns
That said the 230 to 260 window within a week has got my attention.
Hi joseywales :)
If its not for you that's fine, but just remember who told you it would go to a market cap of £100M+ in the next 2 years.
I've got my 1M long term hold now & I've bought a trading parcel of 175,000 would like to get that to 250,000 !
Which I might just achieve thanks to being lucky in GBP, have banked that profit which makes a change as FAB has disappointed thus far.
I hope your not in PFC any more, there's going to be a lot of sad people over there. I won't post or say this over there because people will take it the wrong way, but I wouldn't be surprise to see it close sub 6p tonight, possibly even sub 5p
SYNT dumbfounds me, I really worry what the next set of numbers are going to look like, because I'm not sure the upturn in work is there for them yet.
Keep in touch :)
Good Luck
LOTM
I did LOTM but to be honest chose not to, I have enough risk with MMAG in low cap and like GMHK says, I have WINE as a project too. Still in FCH despite its recent jump … I believe it’s a £1 plus. Just like GMHK I have MCG and Ocado. MCG owes me and regret getting involved with it really. Also in others like WOSG / VANQ but I think they may take some time to turn.
My concern about AIM as well as other small caps is delisting now. I think that situation is going to get a hell of a lot worse.
Still not in SYNT again yet. Regret not grabbing a few on that 230 drop.
Hi GMHK,
Well thanks for looking :)
I'm not looking for 10p though (providing no dilution occurs I'm looking for 20p+ which gets you to £100M market cap) I honestly think that's a realistic valuation given where there revenue is hoped to be in 2026 & I'm discounting a lot of that number to still get to my £100M market cap.
To be honest I'd never had an issue buying the stock in the 2 weeks I'd been doing so (or getting a quote) until this morning & that was probably down to the fact I had told a few long-term investors on a couple of BB's to have a look at the stock over the weekend, because the time window for accumulating suddenly collapsed with the company "hints" from Thursday & Friday, That left a 10 day trading window at most & I'm not sure its even as big as that!
Looks like Amazon is going to be one of the big reveals - 2phevs has just posted about it & that upfront24 presentation is on 14th May.
Good Luck with you choices, SYNT continues to dumfound me, will be interesting to see what the next set of numbers looks like.
LOTM
I did have a look at MIRI and the chart looks really good with potential to hit 10p but my problem is around liquidity on those tiny cap companies. I’ll pass on this one but hope you make it there 🤞
I’m almost fully invested at the moment with some spare pennies to go towards MCG and OCDO when the right time comes.
The only small cap company I’m currently considering is what JW mentioned.. WINE.. brilliant chart but still waiting for entry around 40s.
Hi joseywales & GMHK,
I don't know if you had a look at that off topic share or not ?
I'm more bullish on it now than at any point in the last 3 weeks of research.
Opportunity timewise would appear to be closing fast, 11 trading days max before the 1st of several RNS's in May I'd say.
Good luck with the research
LOTM
Patience
Thank you for your response I think I will hold for now
Hi saxman303,
If your referring to SYNT then I'm not the best person to ask as the price action virtually always does the opposite of what I think is going to happen.
You'd be better asking GMHK as they seem to get the direction of travel right whereas I don't.
If you were referring to the off topic shares, then all I can say is that I am accumulating them both :) & see massive upside in both.
Good Luck
LOTM
LOTM
Thanks for the info. And now like you I am confused by the current actions.
FS
Do you think I should sell or hold on your calculations calculations LOTT-13
Fairlysolvent,
From the tender offer document from 9th April
Subject to a tender of the Notes in minimum principal amounts of €100,000 and multiples of €1,000 thereafter, the amount in cash to be paid to each Noteholder for the Notes accepted for purchase will be an amount (rounded to the nearest €0.01 with €0.005 rounded upwards) equal to: (i) the aggregate amount of the Notes of such Noteholder accepted for purchase pursuant to the Tender Offer at the purchase price (the "Purchase Price") of €1,000 per €1,000 aggregate principal amount of Notes accepted; plus (ii) amounts for accrued and unpaid interest up to but not including the Payment Date (as defined herein) on the Notes which are accepted for purchase in the Tender Offer ("Accrued Interest").
So it might have been trading at less than par before, but the tender price is the full principal amount, which is why I said what I said.
LOTM
LOTM
I don't know where the current debt is traded, so I can't check, but I assume, given the interest rate on this debt, it is trading at less than par. I guess therefore this is what makes the sums add up for the buy back.
FS
I can't believe this is up so much again !
They are doing this re-financing a year ahead of schedule !
Why not get the new finance in place & deposit the money until the £350M due next year becomes payable & pay it of then. In the meantime the interest will more than cover the 3 7/8th% on it & help the situation. Instead of re-paying it immediately & paying 7 3/8th for the next 5 years. Not to mention, the broker fees etc for doing the re-payment early that will be costing a good few £££'s.
The synic in me wonders if there getting this all done fast before they have to make any more disclosures on how the business is actually performing.
I guess we'll find out in due course.
Good luck All
LOTM
Also i see the 7,3% shorters are almost gonne? Correct me if wrong, only found 1 more of 0,51%.
We have broken through 260, if we hold this until close we may go further up because there are almost no sellers and many buyers (we know this because there are no more stocks traded today then other days.). Up we go.
Are we at 350 yet? 🥱🚀
Well I will be buying in the morning
Hi joseywales & Walkietalkie
Have either of you looked at MIRI ?
& you saxman303
I've just bought some ....... looks to have a lot of potential, in the very near term. Seems to be right up your street.
Still can't believe SYNT is where it is without news, lets see what the next quarterly update or AGM brings out.
GLA
LOTM
What has happened to this share 135 to todays 260 WOW
This 95% unrealised loss in mid January turned out to be the best performing share in my portfolio by significant margin.
As someone said here before… hold for gold 🚀
Lower share swaps but going up nicely... so people are not selling anymore, looks like it can keep going up....
JW, when it comes to MCG, I don’t think we’ll see any breakthrough until June so not touching it for another couple of months. We’re likely revisit previous bottom or if they post really bad results, I’m tempted to say 40s. It’s pain in the backside but same like with SYNT just approach strategically and don’t be impatient.
When it comes to WINE, I think mid to low 40s is real possibility. I liked the rise from the bottom but it seems to me the retracement is not finished yet hence my price target. I’ll keep watching both companies and post here if my opinion changes
GMHK ... that RNS from MCG was a kick in the goolies. Looks like it will be months till a re-rate happens there. Surprised what you say about WINE. After the run from the high 20s to the 60's, I did not think we'd see under 50p again.
In. Sold half of mine in the 27 as bought loads in the high 23s. I think it's ages till news comes still ... there was a minor upgrade from SocGen and not sure if that's kicked the algos into override.