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Been in since 2011 and still keeping the faith.
KCE32......my view and has been for a considerable time now is this.
1 That Thruvision is not interested in small investors only the Institutions.
2 The II's own over 90% of the company and are wanting more.
3 The way to get more is to keep the price down thereby hoping that the privates will get bored and sell.
4 Keeping the share price down also keeps the company under the market radar.
5 When the time arrives in my opinion the value will just explode, leaving those not already in frozen out.
6 The large trades we see week in and week out are just swaps via Investec the bank of Thruvision.
7 The company uses every 'trick in the book' to give the brief visitor a view that nothing much is happening by using 'creative accounting' and downbeat forecasting. To me it says much about what in-depth research shows is otherwise true
Stay patient and G.L.
Persimmon You may be right someone splashed the cash on 20k share, more deals like this should help move the S.P. in the right direction.
KCE32....its a subtle way of trying to make private investors believe that nothing great will happen oven the next three quarters. The majors know differently, and are stocking up on what few shares are left at a derisory price.
Adrian Crockett purchased 1600+ share, the last of the big investors. Hope it's not all the housekeeping money.
The 'big boys' have been in here since Digital Barrier days in 2017, and are still accumulating. They have patience and so do I. The recent price movements (or lack of) coupled with the new director who appears to have been involved with a number of take overs only adds to my suspicion that in the medium term a take over is on the cards. The chairman also has form in that regard.
Tbf...great spot, and a good advert for Thruvision if taken up.
The image within the article shows a Thruvision image.
http://www.asahi.com/ajw/articles/14346949
FedEx was referenced as a new customer in the last report. There was a shooting at one of their locations last night. This is not the first time this has happened. I have to believe FedEx will now reevaluate their security protocol. Hopefully Thruvision is part of that planning.
https://www.nbcnews.com/news/us-news/shooting-reported-fedex-facility-indianapolis-n1264249
if you have rewind
the CEO of thru,was on bbc1 this morning....about 11.15/30am
Major share holders. Between January 25th and March 31st three of the top seven entered the market to buy or sell.
The two sellers were Cannacord Wealth Management who sold 2,000,000 & Invesco Perpetual who sold 196,841.
The one buyer was Lombard Odier Asset Management who bought 4,562,841.
The net result is that during this period between them, the top 7 major Institutional Investors bought 2,367,000 shares.
Nice tidy exact rounded figure I think we can all agree....Hmm.
But that's not all between those dates the actual share price dropped from 24.5 to 23.5p
That reminds me that hoover is a generic term!
I think you may need to have a word with a certified accountant. Perhaps then you may understand the relationship between parent companies and their subsidiary's. It's mainly to reduce the tax burdens. It is a highly complex area of business finance.
Perhaps you should instead be looking at the £11.5m tax credits the company has built up to offset taxes when they announce profits.
I see from the last accounts under related party transactions that there is debt of around 8.7m owed to a subsidiary yet proclaim 'no debt' in the update. Bit naughty to say the least.
What was quietly mentioned in the report was the reference to FedEx making a purchase. My guess is they purchased a few to test. This could be a huge customer as they have over 1,000 locations that probably could use Thruvision. Keep your eye out for further announcements with FedEx.
https://www.fedex.com/en-us/about/company-structure.html
Trading statement followed immediately by a 12% drop on no trades. Forget any fig leaf excuse of internal shares taken aboard. Then surprise surprise buy after buy (no doubt by the 'friends') to hoover up more cheap offerings.
Notice there was no mention of unit sales in the statement once again, only the numbers of customers. What's more you can hazard a guess there will not be units mentioned when the figures for F'Y trading are released probably in June. We will have to wait for those until the full annual results later in December or January next year. I wonder also how many invoices have been held back, and how much material buying has being going on to assist depress the figures?
The term 'creative accounting' is taken to a whole new level with Thruvision.
Good time to buy, if you can find any!
Total waste of time, not your valued opinion of course but investing in this co.
What are we expecting short term?
1. Personally expecting within the next few days and prior to releasing trading update timing some positive news, perhaps on Thruvision's own site (to dilute what should be a good trade statement due out early April.
2. Expecting possible lift in share price within the next few days, as happened last year when 3 TR1's were issued by major investors on June 22,23rd and 26th. The share price moved from 19.45p on June 9th to 26p on June 24th Volume 10M>. Results also were announced on June 8th.
Two Tr1's have just been issued 10th and 11th of this month (last week) again by major investors. Volume 4M>.
Will we see some more hoovering?
OMO as always.
Yes, they are flagged as SINT (single negotiated trade). Probably as much as 95% of trades on Thruvision are swaps like today's undertaken by Investec Bank, who are SI's (systematic Internalisers) therefore allowed by the FCA to undertake share dealings on their clients behalf. Investec bank is also an advisor to Thruvision; goes back to Digital Barrier's days.
If you follow the major II's and take print outs of the top 25 companies holdings it's easy to see the 'fun and games' going on in the background over the months.
two interesting trades going through this morning.. 2m shares = £460k X 2. Looks like a large transfer of shares
The big event for us is to wait for is the US TSA's review of the new interface that shows the picture image of the person instead of the green ghost image. If the TSA approves that for passenger screening at airports, Thruvision's addressable market will be much larger and should see orders at US airports starting later thi year. If this occurs, we should see the value of the company start moving much higher.
The 2019 Trading update wat on April 2nd
The 2020 Trading update was on April 2nd
The 2021 Trading Update cannot be April 2nd as it falls when the market is closed for Good Friday, so when?
My own guess is that this year it may well come much earlier. The reason is that we all know that the company is now trading profitably and many orders are flowing in. Some may well ask, well that is why they may release it early. But that is not the agenda of Thruvision. They have showed their hand over the last couple of years by using every 'trick in the book' to delay good news. Meanwhile those in the 'true' picture are not selling. Reading between the lines is needed here.............................
The really interesting part of the accounts is neatly summed up on Page 33 relating to The Independent Auditors Report.
Anyone who has run a business can see what's going on here, and the reason/s why !
It's all good news, investors just have to wait a little longer.
Company accounts made up to 31st March 2020 to be posted within the next 10 days on Companies House website.
afrc....well if you believe that you are far better out than in. I feel sure no one will miss your involvement.
I just say as I see. Everyone entitled to their opinion.
I am in here for the duration. not as a trading share which most of my portfolio is.
It is commendable that you have always been very positive about the prospects of the co, but the fact is that the sp has hardly ever reached the poor level of 30p and when it did , it quickly came down again. .Regarding the machinations you are on about the II's holding the price down etc, ultimately we as investors would like to make £ on this investment . And no matter what you say, it does not look like it. To go back to the 30 level , the sp would have to go up 20% which i very much doubt , its much more likely it will go back to 20 p. Utter waste of money this has been !!!