Member Info for Adastra

We are vulnerable to a bid so watch out for big buys later in week. A third of our MCap is in cash: big investment spent in bringing new product to market and real growth in sales - sitting duck for company wanting an add-on in high growth IT security arena with high barriers to entry. Got to be a real smart time to buy at only 17.5p up.

We have gone from nearly £4m of debt to a cash pile of £6m in one year after selling Corero Business. We have an excellent internet security product growing strongly and the billings growth in second half of 2013, and the level of new business wins in the fourth quarter, which was the strongest since the first quarter of 2012, were very encouraging. With the new product launch imminent, second half should show real progress. Sound company, strong cash position in growing market so good opportunity to use any weakness to buy IMHO.

Presents good buying opportunity IMHO as product launch will reverse in short order when RNS issued in near future.

Plenty of cas in the bank, essentially debt free, growing well and new product launch imminent. Results include a big desk-clearing exercise of one-offs. Should look significantly stronger in near future as new generation product kicks in.

Hi Pantastic - that usually happens prior to RNS in some shares for 'some strange reason'Think we might get our update sooner than later. Hang on to your hats.

MMs will take 100k so they are hungry for stock! Dummy test - they aren't having mine until it's at least 50%.more; preferably 100%!! :)))

Q3 trading update imminent - probably this week. Hopefully we will see the effect that Mike Byrne had on William Hills mobile gaming starting to have an effect here. We should also get a good idea how the Italian gaming venture is progressing and an update on entry into the USA. At this ridiculously low share price ANY positive news will cause a noticeable upswing in sentiment on which to build. The indicators looked good but a lot depends on traction and outlook following the info that we were EBITDA positive in November - expecting it it be encouraging news.

It is very difficult to apply chart analysis to AIM shares - especially small ones like PAN IMHO. Charts work really well for commodities and FTSE stocks where algorithms and herd instinct prevails but less so with sub £100m MCaps in particular. In this category, we are subject to many unpredictable influences that combine or cancel each other hence the often erratic movements in prices. This actually gives comfort to the fact that this did NOT happen this week with a disproportionate share quantity moving - probably equally balanced buy sells or inter MM shifting. The share price has moved progressively north since the delist reflecting a sea-change in the nature and direction of the business. This has transformed the stability and prospects of PAN as it rerate a to an approximation of its true 40-50p value. IMHO what we have seen recently , as WLH so rightly points out, is an inflection in this rise caused solely by the 'derisory' Belphar bid at 22p. This gave a ridiculously low 'sum of the parts' indication and caused the rise to stall. What I hope we will see now (I hope BoD have been active!) is a brand new revaluation of assets, Rosbunker resolution information and strong update on trading. That should fire up the broker forcing Westhouse to reassess its stupid 27p! Then we can add another broker at the same time the graph begins a more vertical ascent towards 40-50p. That's my take in a nutshell. The catalyst is the update - come on Simon, extract your digit and let's have some Churchillian spitfire figures.

The climb-back begins here. Expecting increasingly positive newsflow as we run through 2014 -lots to come IMHO.

Predictive text (or not!) to blame

Welcome - good time to get on board the good ship PAN as the clock is ticking to realisation of Rosbunker investment prior to April. Pantastic, as usual,has given an excellent brief on where we are now. Trading at the Euro terminals is still 'at capacity' to the best of our knowledge - Dan Balt being the new kid on the block and seeing great throughput. Monjasa has even dedicated a vessel to act as a fuel shuttle 24/7 which is a great indicator of huge improvement in dedicated use by a major fuel broker and bunkering agent. As Pantastic says, the share price is based on the Euro ops alone - any favourable resolution of Rosbunker in next 10 weeks will send share price vertical to 40p plus IMHO. Good time to do the research and think about getting in.

Thanks for the very informative post - appreciated.

One post, a sell recommendation and you can't even get my name right - interesting. You are entitled to your opinion obviously, but I can't help think that a single post AND on this board is hardly the result of in depth research. Obviously, as a follower of Mr Buffet, you will have made your millions and enjoying the fruits of being one of his minions. Which begs the question, why waste your time with a single post here? Great British Company - happy to fly the flag - Buffetts not my type.

Here come the buys! 2014 set to be a cracker of a year given all the negative stances adopted by 'part-time analysts'. Look at the quality, look at the products and look at the potential - smashing little company growing fast.

Cracking British Company with excellent overseas earnings and great potential. Lets see the support from shareholders that reflects the prospects. Liberum price target is £5.00 which should be comfortably met with the diversity of products that Carclo produce. X-Sense will come of age in 2014 driven by Atmel's desire to use in as many applications as possible - and they are endless. Just touching the edges of this - literally!

Far too cheap!! This share is suffering from the same problem that IMG had last week in that no-one is looking at the really big advantages that the technology has and an upward rerate here is well overdue - it is happening this week at IMG. Most interesting fact is that there are NO SHORT POSITIONS in Carclo. Blackrock closed all its shorts in December and I suspect they did not want burned fingers when the upswing came. The market for Xsense is huge and only currently touching the edges: http://venturebeat.com/2014/01/07/atmel-envisions-cool-curved-car-touchscreens-for-the-future/ http://www.atmel.com/products/touchsolutions/touch_sensors/default.aspx No wonder that Liberum Cap have reiterated £5.00 target price.

PAN will do a SULA and double in short order. SULA was sat on substantial assets just like us. Theirs is iro ore ours is Rosbunker. Our European assets are worth the current MCap of £22m and our assets in Rosbunker (due to be sorted before April) are also worth £22m+ so our share price should double.

Rosbunker resolution before April and trading at capacity fantastic but we need a nice little RNS putting meat on the bones. 3 months since we got and subsequently rejected Belphars 22p a share offer as derisory, a flurry of RNS's then nothing since November 18th. Since the new BoD were finally learning the lesson of keeping investors informed, I am assuming that the next RNS is a] imminent and b] an absolute stormer!. Why?? Because we've had time to sit down with Belphar and discuss the best way forward - they are, after all, our biggest shareholder. We will have had time to get ALL our assets valued at current market valuation [I hope]. We will have been really pressing for the Rosbunker resolution with all our strength to get an early settlement. Current valuation of all our assets and release of over £20m from our Rosbunker investment combined with excellent and strong European trading results will be 'transformational' for PAN as predicted.That will send the share price soaring and immediately focus any Belphar bid at a realistic price around twice the previous level. It will also reward all the patient souls who have stuck with BTC/PAN through thick and thin in the expectation of a nice little profit stream over the coming years with increasing shareprice. And we shall all say .......YEEEESSSSSS! when it happens - I have money on it happening before Valentines Day the I can buy the missus a red rose :))

The bid price is creeping up - 20p for 50k at 4.30pm. The offer price leads then the bid price caterpillars forward - wait till we get the butterfly effect that I mentioned in November!!! One day soon we take off! Everything is now in place IMHO for the long-awaited re-rate - hehe!

106m shares £21m MCap - Rosbunker resolution imminent and......................BOOM! Where else do you have an AIM company actively profitable and worth around £25m trading at this price with another investment asset to be 'sorted' before April worth an approximate additional £26m???? If this was an oil share trading at 20.25p with cash and assets worth 22p and drilling a well that was due to reach total depth in 11 weeks with 100% chance of success and a £26m payout it would be absolutely soaring!!!! DYOR - read up and jump on board - all IMHO but don't say I didn't make it as plain as possible.