Member Info for Aldaniti

wonder if we will see a flurry of activity? GLA

ands you would expect by the very nature of trading, some big sells on the board as well. GLA

out there today. Nice to see some positive movement.GLA

Agreed Stalin, 68p would be fantastic but I too cannot see that in honesty for quite a while. The ramifications of Brexit will continue to cast a shadow over the motor industry sector while negotiations are underway in my opinion but this may also provide RF with some good opportunities for acquisitions as other chose to divest in these uncertain times.RF and the board will only take up prime goods that offer added value for sure so as and when these happen we may see a little lift here and there in the SP as a result. Maybe wishful thinking but I will be leaving my money where it is for now. AIMHO

· "Strong balance sheet to fund future growth with net cash of £21.0m (2016 : £23.1m) and new five year acquisition banking facility signed in February of £40m, with the potential to add a further £30m" I agree with Stalin, that overall the results and numbers read well. I thought the above extract from the report bodes well for the future as RF has always stated that as and when good opportunities for "complimentary" additions to the existing portfolio arise Vertu will take them. Looks a pretty sound financial "war chest" to me. AIMHO.

This SP appears undervalued when compared to others in the sector in my humble opinion.( Camb etc) Struggling to shake off post Brexit ramifications for sure. Hope the results give it a boost & any gains are held. GLA

Would be good to hold recent deserved gains as the SP is under valued anyway in my humble opinion. GLA

Pre-close reads well highlighting the continued focus on established areas for growth. Pre- registration activity has become a "must do" to satisfy manufacturer target demands it seems but Vertu appear to be using this to best advantage. Agree with Stalin that the availability of up to 70m for expansion bodes well for the future as and when appropriate opportunities become available. Also good to read that acquisitions previously made have "dovetailed" into the Vertu family and are already contributing nicely to the bottom line.GLA

Looking forward to a positive trading update & good to see confidence returning after post Brexit announcement dip. GLA

Exchange rates are the issue for car manufacturers where the UK market is concerned in my opinion post Brexit affecting the price of the product coming into the UK in my humble opinion.However Vertu are well positioned to make the most of the U.K. Market with solid continued performance in the after sales market (service plans) and used car sales etc. As previously highlighted by other posters Vertu will selectively acquire add on businesses that bring value to the existing portfolio and have the financial clout to do so as these opportunities arise.DYOR & GLA

In a trading update at the AGM, Vertu said its profitability in the four month period to June 30 was ahead of the prior year and in line with the board’s expectations. Group total revenues have increased by 21.5%, aided by higher revenues from acquired dealerships and continued organic growth with like-for-like revenues up 8.4%. Total gross profit increased by 23.6% with like-for-like gross profit increasing by 8.7%. Group and like-for-like gross margins improved due to higher used car and service margins. The group’s aftersales operations grew gross profits by 24.9% (7.0% on a like-for-like basis). Used vehicle volume was up 19.2% (like-for-like 10.2%), and gross profit rose 27.4% (17.6% like-for-like). "Total new retail vehicle sales volumes grew by 8.9%, but like-for-like new retail sales volumes reduced by 3.8%. Fleet car sales volumes rose 7.5% (like-for-like 3.1%), and new commercial vehicle sales volumes grew by 27.5% (like-for-like 25.0%).

With the predicted positive news flow due throughout Q3/Q4and into 2017 those already invested and watchers about to join could be in for a cracking time here. For me personally I have topped up with a view to lowering my average as I have been in here for some time. For those about to put a toe in the water here this could represent a fantastic opportunity to really make a few bob in my humble opinion.Do your own research and read back through the comments here as there are varying opinions as to the merits of NMG as you will see. From this level I personally think we are onto a winner here but that is just my view as a speculative private investor. GLA

Took opportunity of little "top up" this morning, buy shows as sell. I will not be releasing any of my holding for quite a while yet for sure. GLA

Given today's update Q3 still remains the period when we could really start to get some very exciting news from Kvemo Bolnisi & appointment of Geologist bodes well in my humble opinion. Maybe strange day to release update on "remain/leave" vote day as many could be distracted by such important goings on but never the less good to get an update.

"Drilling is also continuing at our second gold starter pit Tsitel Sopeli with four drill holes completed to date. This mineralisation, gold bearing secondary quartzite, is also outcropping or very close to surface. Additionally, the first IP survey has now commenced at Tsitel Sopeli and will test the larger structures known to exist at this target area." Taken from RNS 12th May. Must be due an update on these anytime soon in my opinion.

Nice to see Mr Forrester building his stake, maybe another A/M just around the corner? GLA

Back on the dip on small volumes,which has become a regular feature for all us long term holders but firmly believe release of positive news update will kickstart the SP this time around. Time for a top up in my opinion.

I agree with your observation entirely Warrior.

Welcome to NMG,been here for quite a while myself & it is nice to see that after completing your research you have decided to invest. As you rightly say the disappointment of Austria has left many somewhat wary of putting faith in NMG but the Kvemo Bolnisi venture could reinvigourate interest if what we all believe is there does actually come to fruition. Some have had their fingers badly burnt here (bought on the high liquidated on the low) which is why the enthusiasm is lacking here at times in my humble opinion but I sincerely believe we are due some very positive news which could put the SP back in overdrive. I for one could do with it & wish you all the best in your new investment as well. If our hunch is correct this stock is without doubt undervalued. GLA DYOR

It is a pity that some investors appear to have moved on (probably bought in on the low & chosen to take a well deserved profit) in the last few days as in the coming weeks any positive update could "kick" the SP back up again in my opinion. For those continuing to hold ( me included) a further update would be appreciated regarding progress & with Q3 promising to bring even better news we just might be in for a long awaited reward. Time for a "top up" I think. GLA