Member Info for AConceptIsABrick

Where are all the contracts they promised us ?

I’ve been in this stock for a while, as well as BELL, which at the time that I first invested, looked a very exciting proposition heavily backed by a number of very savvy private investors. I am of course now badly under water in both shares and find it incredible how often both companies need to keep topping up their bank balances as they get close to running out of cash. TEK, in recent months has floated SALT, presumably banking some proceeds, has sold a decent number of BELL shares (helping to further depress their share price) and now has taken a further £2m from investors-at least some of whom appear to have sold stock at a higher price to replace with shares at 10p. A long time ago, there was talk of special dividends etc to shareholders. What a sick joke that has proved to be and I SERIOUSLY question how much non-execs on the board are doing to protect the interests of private investors. Sweet F all would appear to be the answer

Https://www.economist.com/finance-and-economics/2024/02/25/stockmarkets-are-booming-but-the-good-times-are-unlikely-to-last?utm_campaign=later-linkinbio-theeconomist&utm_content=later-41325928&utm_medium=social&utm_source=linkin.bio

I wonder if SEE will be one of the transformative AI related stocks which are made predicted to outperform the stock market….🤞🏻

Final word on this matter from me-‘ cos in the end it’s unimportant-but in my experience, market makers, like Winterflood, may hold appreciable numbers of stocks in major companies, but very rarely are prepared to do so in small relatively illiquid AIM stocks-and when ever trying to sell such stocks it is not unusual to be unable to get any bid at any price.

I'd be surprised if MM's wanted to sit on 300k (or whatever the volume was?) shares in an AIM company out of fear that they cannot sell them again but who knows....let's hope it's the start of a massive re-rate!

I understand that the shares are marked as being buys-but someone has to be on the other side of the deal-and I’d be surprised if there are many sellers of this scale at the present time-but who knows?

Tek selling down further perhaps?

Quite a lot of small sellers again today. Are all these people blind to the current disconnect between the SP and the asset value?? Amazing - even if some people (including me) have a low opinion of management.

For 4.97p......

Just read the information around the IPO of SALT, which appears to have got off to a flying start-sadly the polar opposite of the experience of the glasses business in the US, which has been a total flop. Included in the information is reference to TEK’s entitlement to subscribe for additional shares in SALT at a 10% premium to the IPO price-which one day could be very sweet indeed. At least 2 substantial private investors have taken big positions in the stock at what still appear to be ridiculously low levels. Very good luck to them!

Thank you. Confirms what I thought that even accepting that the management of TEK have proven largely to be appalling in most respects, the current SP is simply wrong.

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I’ve been away and am more than a little out of date-so can you please tell me the value of our shares today in SALT, which appears in my absence to have got off to a flying start. With BELL having secured the TMTA cash, it seems to me that the current SP of TEK is well below the sum of the parts.

It isn’t my target price - it’s just the historic all time high SP. If the company is in a better position now than then, I don’t understand why it shouldn’t be able to hit that price again.

When will it reach 136p again so that I can get the hell out this ?

“The announcement has created a flurry of activity as traders look to seize some clear and obvious value.” “Heated early trading matched by frenzied rumours of an eagerly awaited trading update, with high expectations of out performing market expectations accompanied by the backdrop of increased profit.”

Is this text in the wrong BB ? It has certainly given me a good laugh this morning. Powerful words for a lousy share. Remember when it was 136p ?

Real danger of share price in the 4’s today after this fairly grim update.

Encouraging to see that John Gunn, a very wise and seasoned investor has been recently buying stock at what still look like ridiculously low levels if this company does indeed have the brilliant prospects (if very questionable management) that appear to exist.

I too am trying to digest this ! Terrym - I admire your resolve and continued buoyant optimism. It's like buying a winning lottery ticket but loosing the ticket. Let's hope SEE gives you the reward you deserve - you'll certainly have earned it!

@DavidW2016 yes, this will be our problem - as soon as this share rises, all the PI's will cash out and keep the price low. However, I do not feel that enduring nearly a decade of exhaustive emotional turmoil and daily disappointment at 7am is worth only 10p/12p ! For me, it's worth 20p at least (then hopefully a TO offer raising that figure) At this stage, I certainly won't be selling at 10p - what's another 1-2 years ? I wouldn't vote for that. I don't really understand why this share doesn't move at all anymore regardless of the positive news or sentiment - especially when the stock market is forward looking. Are other AIM stocks reacting like this due to macro conditions rather than single company performance ? I don't understand how these auto companies are going to comply with new mandated regulations in such a short timeframe (a few months?? I thought decisions in the auto industry were made years in advance!) I don't understand what these silent Stifel brokers are doing - sleeping at the wheel I guess (perhaps they need some eye-tracking in their computers to keep them awake?) - but I continue to have faith in PM. I hope this happens for us all very soon.

Sadly, it is blindingly obvious that

1 The grown-up members of the UK investment community (as there doesn’t appear to be the slightest interest in the US or elsewhere, despite the extremely curious decision to use largely anonymous American brokers) completely ignore anything that PM says-as his 3-4 year track record is frankly verging on embarrassing.

2 The legislative imperative to have DMS in all European cars by mid year (presumably the principal reason why many of us got sucked in) is either being ignored by manufacturers, or is ultimately going to be set back to a later date. How else can one understand the lack of news flow from almost everywhere?

3 Aviation is for the birds!

4 Share tips in quality newspapers-usually good for at least a 10% SP boost the following day-are ignored.

5 Any sign of sustained buying (eg earlier this week) is always met by equally enthusiastic sellers.

6 Many of us will indeed be spending any uplift to the SP in the tuck shop of the care home (as recently speculated on this board) if indeed we’re even that lucky.

7 A bid for the company in the short and probably medium term looks as likely as Stoke City winning the European Cup.