Member Info for Allinadayswork

Same here. At these levels I feel it’s worth adding

Feeling would be a bounce from low levels, although can’t rule out a bid these days. Hopefully if it is a bounce, it’s not one of the dead cat variety! Would like to see a sustained rise from here or happy if a bid is forthcoming at a much higher figure than £2

Never sure how the market is going to react, particularly with issues in Middle East resulting in caution but would like to see the positive from the statement being the year has started well and that revenue growth is expected along with self help measures. Think may stick within range of £2.20 - £2.80 until macro improves/interest rates move lower.

Can never say never of course but I prefer to go off the RNS that states “The Company is funded through to Q1 2025, allowing it to deliver on its current planned activities.”

Indeed! I’m going to take that as a positive. Much at play with this at the moment it seems. 4 fairly substantial shorts still knocking around as well. I’ve been adding when can around the £6 level

Yeah no director buys at this level but Jon S did buy 90,000

at over £8 May last year which is not an insignificant purchase but also not unusual for an incoming CEO. Still like tonto see that as having a decent degree of confidence in the business and himself as could have made much smaller purchase. Tend to think the shorts will exit soon as macro hopefully improves, rates come down and Jon delivers on his strategy.

@johno77

Yep agreed looking good. Always felt like it was a matter of time before it returned to an upward trajectory. Navigated the last few years well with steady progress and growing cash position. Some decent acquisitions in my view and tailwinds supporting continued growth. See steady progress from here unless a bigger fish decides to take a look

Yes it certainly feels that way. Suspect the 4 shorters are affecting things somewhat given the weak advertisement environment and concern around AI. Increasingly to me looks like share price is well detached from fundamentals with a lot of risk baked in. Even a small turning of the tide may well be enough to start a powerful reversal. Here’s hoping as I’ve been adding regularly at £5.80-£6.20 range.

Yes, from the update was expecting this to be punished by the market. Not reacting emotionally to this volatility and whilst it feels yet again another disappointment and more than a hint of poor management, the group does have some decent assets and there’s a solid business in there providing the right focus and team is in place to drive it. This will and is of course being rightly questioned. Recent stake building from cosmens still keeps me grounded somewhat and I’ll See how things play out today but may top up lightly. Not a seller here at these prices. Good luck all

Similar story for me, although I was in a little earlier around £10. Think patience will be rewarded in the end.

Was pleased to see that Odyssean Investment nudged their holding up again with RNS at the close on Fri. Some bigger fish seeing value at these levels.

Was pleased to hear that trading in line, although was really hoping for things to have picked up a bit more. Can see why we’re probably headed back down to the £2.60 range with the market possibly looking unfavourably at this section from statement “While revenue from larger project orders within Defence was lower than anticipated in the year, as procurement timelines were extended by customers”. I’ll hold

or look to top up gently as it slides below the £3 mark and practice patience some more! Good luck all

Typos

*there

*warm to the story

Also, I don’t invest for takeovers but a bigger fish may see this business as an attractive option given the relationships with the big military spenders.

In my opinion, some resistance after hitting £10 and a retrace from their, coupled with some profit taking after sp was around £6 and ex divi date tomorrow meaning unlikely new investors would start a position. I think the company is back on the right track with this ceo who seems to have a plan and executing it well so far, in my opinion. I think as trust is rebuilt from the previous issues investors will want to the story again. At least I hope!

In the absence of any change in guidance, the 4 active shorts are weighing on the share price I suspect. Given there’s been no deterioration in trading (collectively across the different units at least), I’m comfortable gently adding at these levels.

Think it’s time will come again when macro improves.

Also, RNS yesterday stating Public Investment Corporation Soc Limited increased holding by 2% if I’m not mistaken. Whilst not necessarily a green light to buy I find this reassuring

Can understand your frustrations in seeing the share price continue to drift lower, however, I don’t think it’s a time to panic. Solid company and at the bottom(ish) of packaging cycle in my opinion. After special dividend and consolidation share price is just exploring recent lows and will find a footing again I’m sure. Long term holder so using these opportunities to slowly top up as it may continue to drift to £13

Yes, a solid update. Think the drop had been overdone and market perhaps expecting another downgrade but reassuring to hear on track. Think there is long term value here with decent recurring revenues and margins turning in the right direction. Well down from peak and if can push on again in 2024 then confident in a rise back towards £2, providing no market shocks! M&A could come into play with a depressed share price as well

Given the ship has been steadied and 2024 is reportedly setting up as a year for heightened M&A, it’s certainly a possibility.

That being said I’m invested here for longer term and sustained recovery given had to average down after an ill timed purchase in the £20’s……. If someone wants to come in and offer £20 a share right now though then feel free! :)

Radio silence remains, for now……will there be contrasting views on this, absolutely!

Placing - perhaps or perhaps not. I would’ve thought this could have happened after KNAC agreement signed rather than now/preceding mining license being granted. Could it be on the to do list of new management team, of course!

CEO/Executive Team - most would agree that the RNS and included timeframes for appt have now been left wanting. Whilst comms could of course be improved here, does this mean the demise of the company? I think not. Is there positive developments ongoing yet to be finalised, I would like to think so.

Takeover of company or IOCA - Highly speculative and without factual basis, but yet not beyond the realms of possibility.

Contrast is inevitable…..and can be healthy when viewed in the right way.

Wealth: thanks for that comment. Some sensible and logical discussion today, great to hear this detail and views. We’ve all got an interest in making a return on our investments in the timeframe we would ideally like and factual information to help monitor/shape those decisions is most welcome. Whether you’re a short term holder looking for a similar short exit or lth hoping that this business is settling into some calmer waters, good luck to us all as this is the stock market :)