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I would have thought that the management team would have been more prudent in their capital estimates. Disappointing to see the drop (of course) and I've been in SXX since the beginning

Some huge buys this morning. SP is heading towards 200+ for the first time.

Having worked at Croda for 5 years based at Cowick Hall, I can't express what an exceptionally run company this is. They have products in so many markets that the company is so resilient to market instability factors. They've acquired some of the most innovative growing companies. The main one they got when I was there was an Italian based stem cell company. One of the things we used to say on the company profile was that 90% of the products you see will contain a croda product in them in some shape or form. They have some of the best experts in hair and skin care and equally strong sales and marketing force worldwide. I've never known a company to post such impressive growth percentages. The key thing with Croda is that they wanted to focus on high end products which they had the pricing power rather than bog standard commodities which would have been under severe pricing pressures.

Just topped up now at 168p.

Why do you think they are still on AIM? Lots of US potential investors won't touch AIM. But a move to the FTSE has more stringent regulatory requirements e.g. on corporate governance. And this gives investors reassurance over the operations of the company. It is more expensive to move here but it opens up the investor avenues. For me a FTSE listing is the next stage in CLIN's timeline.

Yes - the needle is definitely shifting in the right direction. Market sentiment certainly seems to be growing. Have TALK finally turned the corner?

Not many companies post double digit revenue growth. AND double digit net profit growth. I think the market is very prudent with CLIN but rightly so given the industry it operates within. The acquisitions have barely bedded in yet so it will be a matter of time before we really see true economies of scale. I predict further acqusitions in the future. And ive always said this SP is heading towards £20. But we are talking several years away. But the direction of travel over the last 5 years is very positive.

6.2p is a joke. What can PIs do now?

Yeah. Exactly. If anything we just been held up/delayed. So no reason why we wouldn't return to those heights. Essentially we are in the same position as we were about 5 months ago.

Small local Botswana company apparently lol

Its really positive news about the tender but this really is just the tip of the iceberg. Does anyone know how confident Tlou's management are at winning the tender? I believe the other company they are up against are from Botswana. Botswana tends to be a corruption free market so hopefully it will be awarded on merit.

Numis today upgraded its investment rating on Clipper Logistics to buy (from add) and has a price target to 500p. Lots of belief here as well as the Exec. Team.

Could also argue that there is a net gain in the accounts of £2.4m from sale of PPE which if you deduct that from the profit before tax then it’s not too different from 2017.

Unfortunately not. But my holding is modest at best. Was always a buy and hold. You can’t argue with double digit growth. Decent dividend too. I live inLeeds and know the auditors doing the books. Not that I have inside info or anything. I’m just confident in the company’s growth proposition, management team and as long as it can deliver its contracts and manage its customers new customers will continue to flow in.

And as always cash is king. And I think cash from operations has been in line with 2017.

From an audit standpoint receivables would always be an area that is tested. One thing the auditor will look at is the ageing of the receivables. And whether any of it needs to be written off. Have customers breached credit terms. It could just be generous terms are imposed on them by the big guns like ASOS and M&S which clipper will have little control over if it wants to retain these customers. Ultimately an increase in receivables is never going to be a good thing (think liquidity) but I’d say we need to understand why. Re the SP. 20% drop just doesn’t seem proportionate to me. Especially when headlines and stories are portraying this as a success. I don’t buy the Retail explanation. Clipper are perfectly poised for online and high street retail. Yes the high street is declining but online is increasing. If anything online requires further distribution although I admit I am not knowledgeable in this area. Buy and hold from me. I’ve been in since 300p.

TALK is definitely a good bet right now. its clear that the bottom has been reached and it plateaued for a while but I'm confident that it will keep rising so long as the RNS's follow suit.

So glad the £10 barrier has been passed...again!. Onwards and upwards. CLIN really is the success story of AIM at the minute. I want this to migrate to the FTSE250. Governance and audit requirements will be tighter and this will give potential investors such as the US more confidence and assurances in the company.

I know Horizon paid 25m for Imukin. I think its marketed under a different name in the States by the way.

No I am talking investing in companies that are looking to operate in areas where political risk and corruption are high.