Member Info for Adastra

Looking at bounce to £16 soon and £18+ before start 2022.

Taken my quick turn profit here....30%plus in days is too good to ignore. Throwing all profits into Smith & Nephew now as it's just tooo cheap for a quality FTSE 100 with a massive unfolding market. Hammered by Covid but will rebound like a tennis ball with operations in 100 countries ... plus the fact that Stryker and J&J may revisit and bid. Far too cheap, picked up loads at 1355....happy.

Got to be loading up on drops like this....bargain basement won't last forever....

Just got that RNS that was expected and sold into the rise....reinvested in Smith and Nephew at 1355 now that's a steal for a big ftse100 divi payer as it comes out of Covid....I'm looking for £16-18 short term there too but happy to hold.

Great share to tuck away in the kids accounts or your own. Growing and dividend payer.....the shares and divis will look absurdly cheap and in 10 years the divi will be approaching the share price now probably.....first class share at a ridiculous price...

Surely predators must be circling at this level????
It's a company with global presence in a soaring sector as the brakes come off. Ridiculously cheap.

Spire today said private consultations and operations were booming....up 80%. If this is reflected globally then SN should be tracking upwards as predicted in the interims and the graph should start to follow. This is certainly not a company with limited growth ahead...

Small step......giant opportunity as this is not the one already underway with EDF

Otherwise, agree there is a t/u tabled for 04/11.

Last year they stuck an 'additional' t/u on the 1st Oct followed by the tabled one on the 29th. I wouldn't be surprised to see this repeated as the market is eager for news on traction that was positively forecast in the interims.

I'm looking for next short-term rerate to £16. If it can break that, then attacking £18 and £20 would be clear upside targets as Covid fades.

T/u on Oct 1st should reinforce positive progress as effect of Covid fades and volumes return. The market is focusing on slower upturn than should prove to be the case. Smith and Nephew is a quality dividend paying stock with operations in over 100 countries so should be able to maintain or increase margins as operations backlog eases and surgery ramps up. Should outperform in the near, medium and long terms having seriously lagged the market this year. Hopefully the balance will start to be repressed as institutions return an masse prior to the t/u. One way or another S&N should reward the patient.

Sums up my last synopsis in a concise description of the company.

Hardide now have 9 reactors total here and in USA. 4 standard in new Bicester site and 4 in Martinsville plus new large reactor in Bicester. The diversity and size of components being coated now is far greater than in 2018 when the CEO gave projections. The new factory is both far more efficient, greener and has increased cleaning throughput allowing quicker processing. The current turbine project with EDF should be progressing nicely towards real cash flow in 2022 and the 'exciting and fast moving' project with a large US battery manufacturer could be a game changer in many ways (big scale up/assimilation?). Ongoing work for Airbus and Lockheed F35 provide reactor throughput plus the increase in O&G activity should be feeding through the order cycle now. Given that overheads are almost set to process then any small increase in throughput has a dispropportionately large effect on the bottom line ie gearing is substantial. I look forward to a meaningful increase in profitability in the short-term and a positive RNS given the normally conservative nature of the BoD when announcements are made. The new site and it's whole range of green positive components make it a very good share to have in any environment conscious portfolio. A tuck away that could easily gap jump on news.

All the information you need to make an informed decision is available on or linked to the company official website and industries it servers. There are several key projects and scale-ups in process that could disproportionately affect the share price- especially now that the larger reactor has been commissioned. The key point is gearing here. Most costs are fixed and static regardless of volume so ANY volume increase feeds directly to the bottom line. There is significant work scheduled to make a difference if successful.

Someone's hoovering up 25k and 10k packages as they drop onto the market - tight spread now 27.2/28 so somethings afoot. Happy to sit tight and wait for a big gap jump on news. Gearing here is key. Few shares and small MCap with big potential.

Still time to DYOR. The click up on Friday is a fair indicator of initial movement imo and should start to climb nicely from here as Hardide's opportunities crystallize and the next RNS indicates just how much potential is turning to bottom line growth. High gearing means this can and should revert quickly.

56m shares and £16m MCap magnify any movement - so that's both high gearing and limited shares in circulation. Nice combo for a SOTA share with lots of irons in the fire. The spread is also really tight now in real terms with 27.03 sell and 27.99/28 buy. Nice tuckaway for news.

High gearing here means any upturn or increase drops straight to the bottom line and share price gap-jumps of 30-50% are often the case.....has happened before.

You've DYR, looked at prospects here and taken a holding.....now sit back, relax and wait for the next t/u or RNS on traction. New factory and lots of possibilities due to huge level of gearing that goes straight to the bottom line.