Member Info for Adastra

Video well worth the watch for information.

http://www.everyinvestor.co.uk/news/2014/11/18/small-cap-broker-issues-2-25p-price-target-crimson-tide-10365/

2.25p price target from W H Ireland. Super little stock where any new contracts where 90% goes straight to the bottom line - great gearing. Cash generative with £250k in the bank. Only a few AIM stocks give this exposure to growth with cash generation.

Shareprice rising - no volume- looks like the identity of the global company is doing the rounds.

And in a recent update, the group revealed mrpo5 has now gone global. It wasn’t allowed to use the name of its new multi-national customer, but is permitted to say it is now teamed up with one the largest food and beverage companies in the world. “Once people recognise the potential of this contract the penny will drop,” Whipp tells Proactive Investors. “It [mpro5] is going out to their carriers as well. So we will have third party carriers that will use us.” ........................................ And we're promised the identity of that global before the year end. Nice little catalyst and a super endorsement for a cash-generative, debt-free micro-cap with £250k in the bank and geared so that all new contracts slap 80% onto the bottom line. Very nice IMO and happy to tuck away before the p/e tumbles to single figures.

Flow to bottom-line gearing and profit margins are excellent. World wide contract means TIDE has now gone global and we'll get to know who the world major is by the year end. Looking very good so bought today and tucked away. Profitable, cash-generative and money in the bank.............nice. http://www.proactiveinvestors.co.uk/companies/stocktube/3204/crimson-tide-chairman-outlines-investment-proposition-3204.html

is confirmation of a single new contract as the current rig-build progresses and the price will multibag. Patience; just patience.

http://www.4-traders.com/GAMEACCOUNT-NETWORK-PLC-15011763/news/GameAccount-Network--Patent-Issued-for-Network-Gaming-System-and-Casino-Management-System-Link-19029972/ Only a matter of time till rerate................

A humdinger for bid interest from 3 US suitors given these results. Buy and sit tight IMO as lot better than expected.

A global auction sitting on the sidelines waiting for tomorrow's finals - Bunce in first with a wildcat £8 if all as predicted. Cargill and Archer to counter bid which will add to the fun. After Pfizers failed bid for AstraZeneca the appetite for UK firms from across the water is undiminished. Tate and Lyle is the ideal corn-products fit, particularly for Bunce who grabbed the T&L sugar business. It can extract maximum value by cutting out duplication within the business and combining operations plus all the tax advantages. All IMO .

that Bunge or Cargill could now launch that £8/share bid as T+L results are imminent. Interesting times and well worth a tickle at this price imo.

Nov 2013 - The Company met Belphar on several occasions, and informed them that it believed an offer at 22 pence per share undervalued the Company and that it did not intend to recommend an offer at that level; on each occasion Belphar declined to receive any non-public information about PAN and did not indicate that it wished to conduct any due diligence on the Company. PAN now looks forward to working with all shareholders to focus on maximising shareholder value. Feb 2014 Dan Balt -The Board is confident that by Q2 2014 it will be able to report the results of this exciting new programme to shareholders. Dan Balt is a large ongoing project for the Company and shareholders are reminded that this is a long-term development plan, the results of which are expected to have a positive impact on cash generation for years to come. The Company continues to trade in-line with management's expectations and will provide a further update to shareholders at a later date. And from the interims – Simon Escott stated "The full year 2013 will be important for the Group and I am confident that the results will repay the hard work that has been put in by the whole team." As my father always said " you can handle all sorts of criticism in life and cope with success and failure on equal terms - the single biggest cross to bear is to disappoint those who trusted you - that stays for life" Sorry Simon but you have well and truly earned this one accolade - you have DISAPPOINTED those who put their trust in your words and actions. What a great shame that the few will benefit massively from all the long-term investors who stayed loyal for such a very long and tortuous time. Just as everything comes together PAN holders are sold down the Swanee. Just the words - 'disappointed all' - a fitting epitaph and thankfully my final contribution to this Baltic/Pan board. Many friends met and made. Pantastic and I have gravitated to Legendary where the management are paid in out-of-the-money options, are hands-on and have low overheads with high prospects. Thankfully we've learned our lessons here. Despite doing loads of research over the years, promises are only as good as the people that make them. All IMHO - disappointed

November 2013 bid of 22p rejected - 'worth a lot more' BoD. May 2014 bid of 22p accepted! So Belphar get all the benefit of the exciting new venture at Dan Balt, the new pipeline at Baltic Top and all the cash we had tied up in Rosbunker!!!! Glad I sold out and made my money back elsewhere - just gutted for all those who put their trust in the CEO. Leaves a distinct smell on the air having lined the pockets of the few (given the prospects) at the expense of the many. The previous BoD actually turned out to be the good guys! Heyho.

Riddler - run your ruler over LEG :))

That's the million dollar question. IMHO I doubt there will be any major Euro-op news before mid-April as most of it was put into last RNS and no big game-changers at present. I think the price will be subdued until we know the new lease terms for PBI from Vopak as they are due April. We could purchase a new terminal, but that IMO would be high risk without Rosbunker resolution. The eternal elephant in the room is Rosbunker! We were informed that a resolution was in place before April 2014 yet the last RNS stated that it is still effectively 'pending' but the word 'frozen' has caused some concern - hence the current price. The two words 'Frozen' and 'Russian Asset' are NOT what the market wants to hear at this diplomatically sensitive time. IMHO any thawing of the Crimean/Ukraine impasse will help the shares and if the 'frozen' thaws, then this will rerate strongly. Before or after the end of the tax year is a difficult call - at least you know the brakes and drivers. I am sitting on the fence at present but will jump quickly if the opportunity arises. So many good guys on here have greater patience than me and I sincerely hope they reap the rewards of the wait. I would be happy for them as I have been exceptionally lucky with subsequent investments elsewhere such that PAN would have to reach 48p for me to shed tears and I can get back in before the 48p [hopefully] if we get a stunningly brilliant RNS.

I totally agree with your take on PAN. Strong asset base and trading. Belphar didn't want operational details as disclosure would have precluded them from buying more shares in the market at the time. That situation is now closed and.Belphar (like it or not) is our single biggest shareholder. This is not the time to be playing cards close to our chest as we need to be displaying bravado. The RNS has merely confirmed to Belphar that 22p is a steal. In the absence of any other interest and delayed Rosbunker resolution we will be hit with a revised bid in June. The poster Devl on these boards last month knew far more about PAN than was public knowledge regarding aborted bid in Spain (if that was the case) and I worry that this kind of subversive damage may not be confined to LSE. Rosbunker is a jewel of a prize if we can realise it, I just worry that the tactics currently on display in Crimea may be utilised to pluck it from our grasp. Probably totally unfounded but I thought we were plain sailing in 2010 and I have been invested in PAN/BTC for a considerable length of time.

Hi Ian, I may not be on board but I am waiting to reinvest with any positive change but appreciate that I may literally miss the boat. We all knew that we were at capacity in all operations but I really expected sparkling operational fIgures for Dan Balt after all we have done. The Euro assets underpin the current price so little downside at present. I voiced that the best defence to the unsolicited bid was an up to date and independent asset valuation. That doesn't appear to have happened yet IMHO would have paid for itself 10 fold. Simon has been quiet flor almost 3 months when we need strength and direction. Having done an asset valuation at far in excess of 22p we could have engaged with Shakidi on our terms to help us solve Rosbunker and realise the assets for all investors - that is what we need to do. Looking for more Euro additions at present is a waste of time and money, let's focus on what we have and sort Arab; then we can move on. Our lease expires at Vopak-owned PBI in April and I worry that Vopak will screw us to a high lease in April http://www.reuters.com/article/2014/02/28/vopak-results-idUSL6N0LX14D20140228 PAN is a great share but the nature of the beast needs exceptionally strong management and my only niggle is that it is weakening when it needs to be strengthening. All IMHO and I will be the first person to cheer on good news as everyone here deserves it in shed loads for the patience required. There is only so long you can sit on a stationery steam engine when there are so many electric trains around. GLA. Note I am still of the 'BUY' opinion at this price. Even Belphar in June should give 25% upside from here.

No I am not currently holding shares here; my decision to sell was only taken due to lack of response to my requests for information. Replies had always been quick and courteous but that stopped and the lack of any news from November prompted me to reduce my holding as time elapsed to 3 months with no news. As I said prior to the last RNS, I had funds ready and waiting for PAN if the news was good and was prepared to go in for 'a substantial amount' at up to 20p. The RNS was ok but posed more questions than it actually answered. 1]Baltic Top was the lead, yet it is working high volumes at minimal margins and a new 385 metre pipe is not 'hot news' IMHO. I already know its working at capacity but have margins improved? 2] PBI, which I also know is working at capacity, is looking at new tanking capacity but have we signed a new lease as the existing one expires in April? Vopak are the landlords and I have strong reservations about how much we will be screwed to pay. 3] Dan balt - the jewel in the crown - we have installed new SOTA pumping equipment; the harbour now accomodates 80000dwt vessels up from 40000dwt last year; Monjassa has dedicated a one-year old vessel for dedicated bunkering at Dan Balt!! We should be absolutely flying in Aabenraa and yet the RNS...............promises us this is a long-term development plan where we have to nurture clients blah blah blah. Jeepers! I was expecting real positive blow-me-out-of-the-water figures here after 2 years ownership and all the work done and contracts signed. 4] Rosbunker resolution - one month and ticking yet.........the asset remains frozen under a legal order pending news and the eternal covering paragraph highlighting risk in Russia [ie the getout clause]. So in conclusion, on the surface, the operations seem to be progressing ok. European assets alone more than cover the current shareprice so the downside is minimal. Rosbunker is still in a state of flux but Belphar can [and probably will] return in June [the earliest they can re-bid] with either 22p or a revised offer if nothing happens between now and then. Its a shame that I had to sell my shares, but fortunately the cash went into Avanti and Quindell so I have liquidity to get back in here quickly if things change. Yes it may cost me a few pence more, but I really and truly expected a thorough and total revaluation of all our assets. That would have forced the docile brokers [Westhouse] to upgrade their forecast THEN we could have engaged a second [more proactive?] broker to generate a second forecast et voila we start to generate interest and institutional support. The CEO has gone very quiet at a time we need a very strong hand on the tiller and until it returns I'm in watch n wait mode. I really and honestly hope that all the good and great posters on here benefit massively on PAN and patience is rewarded - I will be really happy for all [honestly]. But newsflow and CEO contact is vital - without it I cannot invest in any share. GLA

Biggest brake to upswing is huge pension deficit.

All moving averages are now looking good for upswing.