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Well from the FB newsletter today it would indicate that the Market cap at the time of the IPO will be greater than previously planned.
With Gun earning a 1.5% consultancy fee (rarther than a fixed number of shares) then this means our payment will increase accordingly.
So despite the frustrating delays, imminent doom as predicted by some here, then at least there is clarity in how things are progressing.
Our patience may yet be handsomely rewarded with FB !!!
Bell sold the stake and very shortly after bought back in again at a much higher price
He runs both companies for himself and has raised more than £15m in pkacings over the last 10 years.
Can't buy at the moment - order being filled?
maybe you should get a crowd funding page set up to make your losses up
Most on here would chip in and then you could get yourself off to your Dr's and explain that you have depression.
Remember mental health issues hit one in four and its clear that investing makes you feel down. There are plenty of things in life that can make you happy and we're only here once. You probably need to get out in the sun (or shade) and appreciate the more immediate things in life.
Trisse - how many of those shares were purchased by DA in the open market, rather than at favourable placing prices and with the sweetener of having warrants attached to those too?
Always best to be transparent for newbies :-)
Behind the fancy headline then from a financial perspective there is didly squat to say what the targeted EBITA figure is hoped to be for July
Without that figure then it is way to early to see things in perspective and place a valuation on RRR' investment
With Bells fantastic track record of being 'economic with the figures' at times and with millions of warrants to be converted at 0.8p and below, then a seasoned investor would certainly remain on the sidelines for the time being and for further details to be published.
It was Gary Carp from what I recall
And a bid required at over a 30% holding if they can get a concert party of holders together.
I would hardly describe FB as 'only a no lose contract' - It was/is a near £1.5m windfall and would greatly re-value the lowly share price
Ah good old Manoli's wedding
I think someone posted a collection of Bells classics here a short while ago - Was great reading if you were ignore the seriousness of the 'half truths'.
oink oink !! :-)
Richemondo - its perfectly valid to look back in time here when its still the same board of directors
Leopards and spots come to mind!
If the BoD went then this would easily double from these levels.
Well as has been known for ages, get rid of the current BoD and this will seriously re-rate with proper management making it a business and not a lifestyle company.
Bell must be sweating around his starched collar at such a thought and has probably got his lap dog to start dusting down the confetti machine. That will be cited as required for a once in a blue moon investment that has fallen into their laps, when most will understand that its to dilute any large holders. Maybe Daniel S can get involved again and recoup some of his losses after being duped.
One thing though, if EGM was called for removing the board then tickets to attend that would be like gold dust - I'd be there like a shot with my weasel net and hessian sack !!
I thought we had a 2% holding, but still great news today
only up on a lowly £5k worth of shares traded
The banged on company changers and former stars of the SAV stage - Moz and Oman remain out of site news wise and to some deemed not important as lithium is now the hot potato ! ;-)
Well from a chart perspective then there is solid support at 200p and in all of my years i have never seen a broker target achieved (either up or down)
Also most of EQN trades are automated 'A' trades that are Bot generated.
With the results due on the 27th, then i guess price wise will depend on how analysts take to them and the general slowing of the service sector.
If things are generally good then a 5% rise on the day could imho be seen
If we see sub/circa 200p before the results then i may well take a punt
number of shares was outside the NMS and so a premium was paid
Panmure Gordon have initiated coverage with the following sell note ! ....
● Panmure Gordon started coverage of Equiniti, the share registration services provider, with “sell” advice and a 163p target. It cited 15 “red flags” including disappointing organic growth, a sharp increase in net accrued income, “endlessly recurring” exceptional charges and a deteriorating cash margin. The broker also argued that Equiniti’s use of factoring — selling invoices to a third party at a discount — “is flattering cash flow and associated reported metrics” and said the company’s capitalisation of software costs “leads to multiple concerns”.
Equiniti’s revenue visibility “rightly commands a premium in a sector bedevilled by significant, frequent and often ruinous profit warnings”, said Panmure. However, the maturity of Equiniti’s core market means growth appears to come mainly from cross-selling to existing financial institutions, predominantly Santander and Lloyds. “While the technology investment has, we believe, provided an historical competitive advantage, we cannot conceive of an industry more at risk from the development of blockchain technologies. To compete, we believe Equinity will have to materially accelerate investment,” it said.
Only history repeating itself for a third time.
Still think the mid 8's to buy is still on the cards (albeit briefly).