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Interesting that Poli has not, so far, subscribed for shares under the Placing.

With the option to subscribe for further shares, Orion will end up owning just short of 30% of Blackham's shares.

Too true! My discussions with yachting colleagues on the 'other side of the pond' suggest that the start of the 2016 sailing season will be the generator for AIS sales. In the meantime the efforts seem to be based around selling to the retailers who will meet the end-customers needs. All-in-all a slow burn situation b

No obvious reason for this morning's increase. Somebody may know something I don't.

I agree; it has all the hallmarks of having an excellent product range in a rapidly growing market. Been on board for a year. Expecting to reach 75p within the next 12 months.

As of just now WTI has a value of £13.76m. POL holds 7.06%, which when divided amongst POL's 276,940,309 shares is worth 0.35p per share. Sadly anything other that a massive move in the WTI sp is buttons to POL's NAV. My calcualation suggests that the total NAV for POL is currently about 24.1p per share, with Nimini, Signet, Regalis and Ironstone being the ones worth more than 1.0p per POL share. Most of the POL sp is accounted for by its cash therefore the non-cash assets are, presently, valued at virtually nothing by the market. I'm a long-term POL holder as, eventually, the commodity cycle, in at least one of the sectors we are interested in will move in the right direction.

The recent decline in Govt bond prices, and the resultant increase in yields, will, as recently reported in the FT, will be good news for defined contribution pension scheme deficits.

My belief is that the recruitment of a sales manger means that one or both apply: (a) the existing staff are unable to meet the sales needs, (b) the opportunity has increased so additional resources are needed. My 'vote' is for (b) so a positive move which will, in due course, be reflected in increased turnover.

Given the decision, in the apparent face of permanent loss of some customers, to reduce the size of the company it does suggest that either there is a 'for sale' sign in place or,at least, a transfer to a North Anerican listing in sight.

Last August there was some adverse comment when I said the sp was heading towards 260p. Now that level is near, and those who criticised me have missed out on an excellent appreciation, no doubt they wlll find something to comment on regarding my revised 350p target.

I suspect that having shaken out immediate sellers, who decide to take an immediate profit, that the sp will gradually move up over the coming weeks. My feeling is that having mentioned 125p the BoD have a pretty good idea that the eventual payout will be in the 115-125p range.

Lots of uncertainties however the USA end of the business seems to be worth something of the order of 35/40p per share. Although that is based on an incomplete financial picture including an allowance for the potential debt levels, following the distribution to shareholders and the investment in the USA site. So seems worth sitting tight for the moment.

A very positive start to the year reported in today's RNS.

Great (irony). Polo now becomes a quasi-bank, lending at a high rate of interest.

http://www.financialdirector.co.uk/financial-director/interview/2393480/interview-regus-cfo-dominique-yates Article from Feb 15 which reinforces the long-term value in RGU.

Agreed positive See news report on GKN today

Positive maiden results issued today. Plenty of growth opportunities underpinned by low borrowings and a tasty 4%+ dividend yield.

Informative RNS today which paints a clear picture of an organisation which is successfully run. Whilst the headwinds of moving exchange rates is to be expected, the progress in getting the debt level down ahead of schedule brings forward the day at which special dividends recommence. Happy to remain on board.

There does not appear to be a detailed breakdown of the NAV. Values are quoted for the largest three holdings, so leaving the value that the Board has allocated to each of the other investments open to uncertainty.

Positive results with announcement of significant acceleration in store refurbishment programme in 2015/16. Slight disappointment is reduction in final divi, compared with 2013/14, however total annual divi shows increase over previous year. All looks fair for continued progress.