Member Info for Allthatglitters

I think if Peel were out they'd be on the bid but they're showing signs of running on dregs.

And that's Peel you are saying have no stock...........

Umm waiting their turn? Selling exactly at Ask? What are Peel playing at? It couldn't be, could it.......?

Peel time!

NT for volume.

The value here vs current cap is ridiculous and purely due to discount placing.
When sentiment returns, and it will, stunning buy at 0.14

At least Peel aren't in control so far today.

Thanks everyone. Some exciting developments potentially ahead to send a rocket up the valuation then.

Sounds like a bunch of effort when some kind fellow investor could just summarise for me in 2 sentences.
Thanks.

Do they often/ever do press after announcements? Proactive, sharetalk etc?
Might be an opportunity to expand.
I appreciated the word "delighted" in there but agree with you that it wasn't explcit.

Well, they're going straight to an Industrial trial so one could infer that the results were pretty positive.
See what the market thinks I guess.

Pilot completely ahead of end October and another site planned.
Seems positive.
GLA

Big week here. Trading update should finally end the debate around sales.
You would think that the fund are almost tapped-out of shares too so positive news should see it react relatively unhindered.
Of course, bad news would still be bad without the seller impact but R/R feels beginning to skew towards the bulls.

Fingers crossed.
ATG

I'm just looking in as I really like the chart towards the end of this week and have seen the hype-train in action on #PIRI before.
So, if you'll indulge, my question is: Are there any known value-accretive deals in the background or fundamental factors that the market has missed with Pires?
Obviously they disposed of holdings in ECO at an opportune time but have there been other big wins in the portfolio that suggest the stock/investment expertise is materially undervalued?

Many Thanks,
ATG

3p+ would be jolly nice.
What do we think the market is awaiting to again value the company at a more reasonable figure?
Cheers

Hello all.
I'm a QFI noob, having invested last week.
I've read the recent RNS and listened to October's presentation and Q&A.
The company value is, it seems to me, largely tied to the IP and so these proof of concept trials for customers seem to be the silver bullet for both market awareness, new business wins and material growth in value.
Alternatively, if it is not, then the company is overvalued!
But comparisons to other IP-based hype stocks over the years (EVRH springs to mind, SYME, even CTAG. Oilers often valued over £100M with just the potential of a find) with no/limited revenue and loss-making, a valuation £150M+ is achievable fairly quickly. Indeed I believe QFI was once valued around this mark.
So, I'm quite excited by the potential here.

Anyway, ramble over. Question time.

With the Utah project, my limited understanding is that the company first need to get their hands on the shale in order to assess it for MRSA-compatibility. However, from everything I've heard, plans seem to be well underway based upon the assumption that it is. Is that just normal business practice? Or is it just a foregone conclusion that the oil will be green-lit?
Assuming all goes well, are they looking to conduct a similar small-scale trial to that in Morocco?

Many Thanks,
ATG

Great update cheers. If they've been flow testing over the weekend it's not unreasonable to think we might see tankers/receive an update this week.
Maybe that will finally lead to a change in sentiment!

So, I've a few thoughts on the the macro economic conditions and what they might mean for the share price (though not particularly for the business performance):
L&G hold n% of most FTSE shares. Therefore the FTSE stumble since March has impacted the LGIM side of things. L&G share price also tracks the FTSE100 which has dropped, as well as the banking section which has plummeted since March.

But that seems to me not to be representative of business performanc.
Sure, the recent focus on acquiring/building commercial property will be impacted by the pandemic, but the core historical focus of the business: life insurance, assurance, pensions, annuities and the more recent move into retirement-sector house building will not. They continue to pay dividends and new business numbers are particularly impressive.
Even Pensions Reform has not had the sort of impact to the annuities side that one may have expected.

Therefore, I foresee the following:
1) The UK govt and EU reach a trade deal. Probably not by the end of the year, but in early 2021. Despite the posturing and rhetoric, it would be a disaster for both sides not to do so.
2) The US election is decisive and relatively peaceful. Despite the bravado, I don't believe either candidate will want to go down kicking and screaming.
3) A vaccine is authorised for use and production ramp up/major roll-our begins in H1 2021.

The combination of those three macro events could, I believe, (unjustly) send the FTSE100 to all-time highs. There's far more cash sloshing around in the market now that ever in my lifetime and we all have seen the effects of a mad bull run.

Conclusion: February's high of £3.20 could well be surpassed in 6 months time.
Thinking likely bottom is around £1.70 based upon book value so R/R is extremely attractive here.
I will be happily holding (and perhaps buying) until Spring.

ATB ATG

Not exactly lively, but looking a little more bullish.
Looking forward to news next week.

And we're closed.
25k DMA buyer on bid.