Member Info for 42trader

Just broke above resistance. If it can hold these gains then RWI should be testing 38p again.

Good update today.

I'd rather this continues to move up slowly in small amounts than a spike.

Was that really the real Rob Proctor? To not explain leaving in the RNS but to come on a chat board to explain. Maybe, but doesn't seem likely to me.

Just needs to break the current price and SDX should be on it's way to 29p again. Looking over bought on daily but weekly is good. The potential for a multi bagger here is stopping me from trading it, so back to sleep for me.

WOW. That was bad results. The share price is now bouncing off the 15.5p support but I don't see that holding now. Probably back to being a penny share again then under a penny.
Your right, Mr Black will probably end up owning this company.

Did the CEO just buy more yesterday?

Well if you take away the revenues of R1 then yoy the revenues would be down. How much who knows as its not reported.
Without all the smaller details of individual revenues, profits/losses for R1 , Tremor it is impossible to work out how he company is really doing.

Good broker report just out. Upgraded target to 12p.
Will post more on it later on day when I’m home.

Morning Makesomecash, Here BUR chart:

http://www.chartupload.com/viewer.php?file=76438906066671686673.png

The black lines are support/resistance levels, so £10 would be the next major resistance level. As can be seen, the share price is testing resistance once again which in theory weakens the resistance and makes it more likely to break through at some stage. Plenty of movement left in the RSI and the STOCH can stay high for a long time. All in all, it's looking pretty bullish.

Good info posted by Burford today. I can see this steadily making its way back past £10 to the resistance level between £13-£14.

Disappointing results.
Couldn't help noticing that the cash they have is virtually the same as the loss for the year. So SEE needs some serious contracts to come in this year or they are going to need another fund raise at some stage.

I very much doubt a counter bid would come, but anything is possible. Need a bid first mind.

Just had a quick look at the chart and it is promising that sdx have broken out of the downward trend channel. Still early days and it could do with holding this level with support at 21.5p. Could of done with breaking the 24p resistance but still good that sdx has tested it once again.

Venture Life Group Plc
Strong revenues and cash generation
Venture Life Group has announced its results for the 6 months to 30 June 2019, reporting double-digit revenue growth and strong cash generation.
While the Brands business faced a tough trading environment in the UK, the company has made significant commercial progress which positions the business well for future growth. Revenues from customer brands grew 10% supported by both existing and new customers. Venture Life delivered strong operating cash flow of £1.3m and free cash flow of £0.85m. We maintain our Buy recommendation.
? Revenues – UK sales of UltraDEX and Dentyl delivered £2.4m of revenues in the half despite the challenging trading environment. Both brands have gained additional distribution through the year, notable through ASDA and various pharmacy chains.
We note that general market conditions and pre-acquisition issues for Dentyl have affected sales in the period. International sales were impacted by customer ordering patterns in the period, with new orders coming through post period end. Venture
Life’s Italian manufacturing business delivered 10% revenue growth, supported by existing customers and new partners.
? Profitability – Adjusted EBITDA grew by 5.5% for the period, supported by improved gross profits which were offset by increased administration expense associated with brand promotion, R&D expense to support manufacturing and specific one-off costs.
? Cash flow – The group generated operational cash flow of £1.3m for the period (H1/18A £0.2m) and free cash flow of £0.85m (H1/18A -£0.19m). Cash at the period end was £10.9m, an increase of £1.3m versus FY18A supported by the operating cash flow result and additional low-cost long-term debt.
? Outlook – Venture Life’s second half performance is traditionally stronger than the first half, and with positive commercial developments delivered through the year, and an order book 35% higher than at the same point last year, we expect H2/19E to be strong.
? Investment thesis – We believe Venture Life will deliver strong growth via its organic and M&A driven strategy. Organically, the company has demonstrated its ability to expand its UK distribution network, bring on new international partners and sign new manufacturing agreements. With a strong balance sheet, we expect the Group to remain an active acquiror of ‘unloved’ brands. We maintain our Buy recommendation.

I've had this on my watch list for a long time now and today my alert triggered so I bought in.
Looking at the trades so far, it looks like the share price was lowered to accommodate a large buy order that was placed around the support level.

Currently the company is trading just above NAV of 38.3p.
P/E of 14.5
PEG is very low (good) at 0.41
Cash positive and an enterprise value of £33.9m compared to the market cap of £36.4m.
EPS is projected to keep growing.
91% below broker target of 83p.

Negatives would be VLG is a little illiquid so expect to sell buy any larger amounts via NT.
Brexit, which at this price will be mostly priced in.

Not just missing contract details such as length and value but it is also missing a signature.
But as always in the past, these things are not needed to give the share price a nice rise before a pleasing fund raise.
Could this be the one, will you miss out if you don’t jump in? Who knows?

Just tried a load of dummy buys and had to go all the way down to £50 before it stopped being a NT trade.

That is a good sign then as the EMS is just 7.5k for the share. So it basically indicates there are plenty of buyers and not many sellers.

Just had to pay 22.04p for my £3k

Slowly creeping back up again. Can sell my holding but goes to NT for just £1k to buy. Wish I'd had funds available a couple of weeks back but still happy to buy today. Put in an order for another £3k.