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LOL, i hate to p@ss on your chips, TEK has not been 45p in the last 5 years I've been invested.
Badsterman - so "Topcatz thinks the TEK chart looks good", does he?
Well that's a huge relief to all concerned.
Oh wait, is that the same TopCatz who tipped Tek as a Buy at 45p just over a year back?
Your portfolio diversification is eminently sensible, AIM is only for gambling!
As Top just posted below; we've now raised, a news rich period is upon us and Topcatz thinks the TEK chart looks good.👍
Chart still looking okay and we're still forming something nice, although slightly delayed due to the weakness in the SP over the last few days....but still all on.
I think the raise, was probably needed to clear the way for a good run
Morning Bad , better than my very bland protein porridge!
Well ok it's a ride that's for sure and iv made no secret that SALT was always my number one , BELL was actually my 2nd portfolio of choice but mainly die to not really understanding the Autonomous space as much . I don't like Cliff I'm afraid and that's not a new thing , yes he may have donkeys years of experience but he's just not dynamic enough , he's far too absent and always dodges the tricky questions. I too think BELL will recover somewhat now they have the cash but Jesus fancy having an absolute belter of a product and then not being able to make it !!
Iv also traded alot more the last 6 months that ever before so I have a lot more diversity in my portfolio than a year ago where basically I was ultra heavy in TEK and smaller in BELL .
I see SALT doing great things for us all
Good Morning Sea!! Just had over easy eggs on toasted sourdough with a coffee. 🤪
Regarding Bell; we are overdue a trading update from them. I'd imagine they'll want the TMT deal completed first.
Whatever you think of Cliff, this is an exciting company to be invested in, don't you think?
Er' indoors keeps banging on about buying more Lloyds shares 😴, instead of my AIM punts.
HI chaps, been a wile but I've been keeping an eye on things. This share will never be valued close to its NAV until it stops raising at under half the value of its NAV. Plenty of firms raise above the share price when they see the share price isn't valued correctly. TEK never do, always a massive discount, then they are trapped in a range until the profit is made for the lenders.
The big question is a 60% discount to NAV?
Answer NO!
current share price is simply way to low in my view
Making a leap after yesterday's raise and assuming that TEK believe BELL will head north over the few months . Makes sense if they know what's round the corner I guess
Im kicking myself for not selling at 15p my break even. Prob have to wait another 6 month to get out without taking a loss. Every time it gains momentum everyone seems to sell. Not sure what its going to take to get to 20p
Happy with my buy,if it goes lower buy more,the lowest it was was 6.50 before the ipo,so on that basis the most i can lose is 35%.bit annoyed had to raise money to pay back lucy,but luckily didnt affect me.still not sure what happened to lucy as i thought they were in troule with us authorities.thats why i sold a few weeks ago,but i guess i done alright in the end.in at 7 out at 12 back in at 10.also think a big player increased his stake so i feel a little safer.
Https://ukinvestormagazine.co.uk/tekcapital-progresses-ai-investment-strategy-with-fundraise/
This too. I think this new AI venture will be something which will be a main focus in the next few months.
Of all the things that TEK have done, maximising their stake in Microsalt is perhaps the most pleasing.
I think it would be crazy for tek to have sold down salt at this early stage
Imagine the stick tek would get if MS goes on to make it big time
Imho
Yes. The usual drivel from Loads of waffle
Please relieve us of all our shares. We really believe in this company but we won't to offload half/most all on the cheap. Any would be buyer is going to be looking at that genius ploy with an arched eyebrow to say the least.
Bell more than trippled in it's first year too and the SP held up nicely after the year. This is where TEK made a mistake. They should have offloaded a decent wedge right there.
A tie in for a year is an excellent float. Gives the company time to show it's worth (or not)
Lucyd didn't have a tie in, which is imho is how it would have to be if you were selling your own stake, and look how well that went. Granted an inferior product in comparison but gives the wider picture.
Utter bs which we will now be subjected to whilst the SP is weak. BAF if you want a laugh check out HAT. If that's not in the £2s by the end of the year I'll eat mine
No they haven't banked any profits on Microsalt at 43p, like some would wish for, they rather hold at 87p sale price adding £14.5m+ plus warrants profit to the underlying value of TEK.
Make as much noise as you like TEK is less than 40% of NAV before we get to Microsalt upside
As for Microsalt is a truly stunning asset buying and holding is the answer in my view
AConceptIsABrick - Yup. Though sadly, Tek hasn't banked ANY proceeds from Salt's IPO. That's the whole problem. It's locked in there for a year.
Which is why it's having to go cap in hand elsewhere. Diluting the very investors it enticed years ago with promises of special dividend payouts well before now.
I’ve been in this stock for a while, as well as BELL, which at the time that I first invested, looked a very exciting proposition heavily backed by a number of very savvy private investors. I am of course now badly under water in both shares and find it incredible how often both companies need to keep topping up their bank balances as they get close to running out of cash. TEK, in recent months has floated SALT, presumably banking some proceeds, has sold a decent number of BELL shares (helping to further depress their share price) and now has taken a further £2m from investors-at least some of whom appear to have sold stock at a higher price to replace with shares at 10p. A long time ago, there was talk of special dividends etc to shareholders. What a sick joke that has proved to be and I SERIOUSLY question how much non-execs on the board are doing to protect the interests of private investors. Sweet F all would appear to be the answer
At least you can buy at the placing price (won’t stay for long) at this moment
How does that work Maximus? Do TEK go to these preferred investors and offer them shares at 10p, then those holders sell there existing holdings at 14p and buy the offering at 10p? Seems like a sham.
At least they did not do the placing at 7p ish, which is what I feared until recently .
It stinks that those in the know have seemingly been selling. We have seen it so many times !
Ha ha not likely , I put back in plus a little what I sold yesterday, may have sold a few HE1 too 🤪
This will move ahead quite quickly in the near term
Quite right. That's why you have to save a bit of powder so you can buy with any placing.
Im back in the game,as always guident is my baby