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Https://ukinvestormagazine.co.uk/tekcapital-shares-a-brief-overview-for-q2-2024/
Worth a read
https://commercialobserver.com/2024/04/what-tech-company-wants-office-guident-harald-braun/
I think we need a salt rns on future sales
Looks like the chart set up has totally broke down then, so sick of this share & the greedy old p.o.s who thinks he's worth $0.5m a year.
TEK raised half a million from selling some bella in January. This is just a punt on salt now. Huge fall since salt soared about a month ago. Not worth more than 5p. Very risky with these investments tanking away
Totally agree with that Clenched. I've voiced my concerns over 'nice bob' for a long time now and he's proved himself totally ineffective in a CEO capacity, out of his depth. The TMT lot have taken them for a ride but they've shot themselves in the foot by the looks of it as their long game has totally backfired. Good product so a real shame.
Harrison Gross. The jury is out on him but Lucyd is going to have to really turn it round and very quickly if they're going to make anything of it.
SALT and Guident appear to have far better management so hopefully will show a different side.
I feel for BELL holders. Lot's on here, but whereas the monetary hit to TEK is pretty much negligible, it looks like there's been a hit to sentiment.
Our shareholdings in both LUCY and BELL will currently be worth less than our marketing and development spend to bring them to market. What sticks in my throat is that Belluscura seemed to have a great product offering. Do the individuals running the company have the skill set to do so. The same applies to LUCY.
4 companies
2 fails and 2 to go. I know lets buy a company with AI in its title. Brilliant you earned you 500k this year Cliffy. Thanks Norm.
Belluscura was sold down by Tek and now we know why.
Https://ana.ir/en/news/5445/salt-substitutes-prove-effective-in-new-study
Badsterman - Happy Easter to you too. Here's hoping you don't end up with egg on your face!
Seriously, I hope Tek comes good, as I remain a holder here. But I won't be adding, as I currently just can't see how investors will ever be able to crystallise the value in any of Tek's holdings. To date, it's mostly been diluted by the regular placings needed simply to keep the lights on at Tek's existing/planned new ventures.
Personally, I wouldn't be swayed by Mr Printerland - or anyone else come to that - however successful & wealthy they may have been in previous walks of life. When all's said & done, Tek is a very different beast from a printer/consumables retailer.
No brainer buying at under half of NAV at least someone can add up in my view
You're right twice Lolly;
It was "Spot on Top(catz)".
Plus, your assumption is correct too - I do indeed value my capital, as does James Kight. 😃
Let's see what happens in Q2.
Happy Easter. 🐣 👍
Badsterman - I presume your latest post is to Topcatz?
In which case, I wouldn't hold out TOO much hope for his chart predictions assuming you value your capital.
Just saying.
At least it validates this is the place to buy Bads. SP needs to get a wiggle on but after Easter could easily be a news bonanza. Fingers crossed
Spot on Top!!
RNS - James Kight buying more.
Now let's hope your chart predictions are as good!! 👍
Also CFO at Lucy, Konrad Dabrowski is CFO at Microsalt. TEK having their own team, family in key positions seems a bit of a weakness to me as accountability doesn't exist for poor performance. Cliff being a key example of this weakness with his son always talking a good game at LUCY but company performance seriously lacking IMHO.
GLA
April tends to be a good month historically.
Someone looks like they're stake building here.
I can smell the RNS-O-Meter cranking up. News on just about every front after Easter IMHO....Standard few weeks after the raise now elapsed
*throw