Member Info for antelope

Wyld up 75% now https://www.investing.com/equities/wyld-networks

I think the potential is there. The market will rebound, even if not immediately, and is large. But it'll take hard work and not a little luck. They're up against competition. In Greece there's Agean, which is a great little airline, I've used them a lot. And there's Wizz out of Hungary who are similarly keen to grow. Just for starters. But hell, if Ryan Air can do it, why not Blue Air? Ryan is a terrible airline.

2hott... no they are not. How many times must it be pointed out to you to look at the investees and what they're achieving and to ignore naysaying or hyping Tern daytraders? You need to take a longer term, investing perspective. And you really need to get your head sorted out.

err no he hasn't. In fact he's been buying. And whatever he's been doing should not affect you. I'm a long term holder and I'm not selling. Does that have the same effect on you? Or is it because you're being suckered by the multitude of traders in the whatsapp group? Get a grip ffs.

Now enough of this nonsense. Get back to Tern.

Good grief.

Bold? Wyld is establishing itself as a key player in several IoT sectors. The IoT is one of the fastest growing parts of the IT industry. Wyld are emerging as market leaders in the vast agricultural IoT sector, and also the brand new IoT/satellite sector where they're working with a major global player. If they'd been in business for ten years in a well established sector, I would agree with you. But they're not. Their valuation and the part they're playing in these new markets is growing by the day.

Calling whether or not Tern is a company worth buying shares in isn't about looking at investee past accounts. The situation is far more dynamic than that. Such an approach may work with large companies on main markets, but tiny startups? I have a good feel for the IT industry, having worked in it for about 20 years. In my judgement, for my purposes, Tern is a no brainer. If you choose to assess the potential here based upon last year's earnings rather than future potential, well I think you're missing the point but that's your call. If all new companies were judged in such a way, none would ever be able to raise seed capital.

The analyzer, I bow to your better knowledge of tax affairs. But the NAV issue is a red herring. The only way that investors will make money from Tern is when an asset is sold. And there is simply no way of knowing what value will be achieved by each asset. If you were a company, and you had to value yourself according to the shares that you hold, how would you arrive at a reliable number knowing that any of your shares cold fluctuate in value depending on news that might emerge at any time? Your point about announcements relating to developments such as partnerships by investees is valid, and has been a bone of contention between Tern and us investors for years. But it isn't possible to apply a value other than a simple accounting term based upon historic revenues. DA is a startup. It's moving at lightning speed. It actual value - what it would sell for - is changing by the month, probably by large increments. I don;'t like Tern's insistence on using NAV as it means Tern is undervalued by the markets. But I understand, I think, how hard it would be to publish an accurate valuation.

The point is that you have to make your own call as to what investees will sell for. That is the value in Tern. Not investee NAV. Using your own judgement, for which you need some knowledge of the IT sector and what's going on therein. In my opinion, Tern is valued significantly less than what it's assets will fetch in the market. That's my judgement call. I care not a gnats pube about NAVs.

It's cheaper to list on the AIM than the main market. The AIM is far less regulated and so from our PoV, it's better to be on the main market. AIM shares are notorious for being traded and shorted and manipulated, so we have greater stability here and a price that's more reliable. The fact that CMRS have listed on the main market is something to be glad about, and it reflects a confidence by the Board that the company will eventually be large enough to justify being main market rather than the junior AIM.

Personally I loathe the AIM. It's corrupt and and wide pen to manipulation. The Main market is for grown up companies, and bulletin boards populated by grownups.

Tern insist on valuing their investees according to their net asset value (NAV) which is a simple accounting term. Four reasons: firstly, given that the market value of an investee is impossible to accurately value, because it's based upon future potential earnings, commercial relationships and whether or not more than one company wants to buy it (leading to a bidding war), NAV lends itself as a constant number. You and I know that DA will sell for far more than it's mere NAV, which takes little or no account of it's actual commercial standing in the market. Secondly, ramping up the value of investees each year may leave Tern liable for tax, although as I understand it, this can be deferred. Thirdly, there are other investors in the invetsees. Such as Alsop Louie in DA. Agreeing a market value for investees between them all would be hard , and also AL may not want such info to be publicised for whatever reason. Finally, the value is shifting and changing every day. You expect tern to release a revaluation RNS every time there's a new contract win? ON what basis? What multiple to apply?

You have to make a judgement call yourself.... what do you think the investees will sell for? Stop relying on other people or on Tern. Research, use your knowledge of the appropriate sectors and what's happening in them, and make your own call. Sensible call..... not fantasy money. Underplay the values and if they sell for more, you'll get a nice surprise.

In what regard? Hype Wyld's initial IPO address and you engender disappointment. It takes time. Suggest DA could sell for a daft 30 billion, and you do the same. There are people on the advfn board who can barely be out of their teens.

The current share price is what happens when people hype up investee valuations to silly levels, pulling in short term punters who are invariably disappointed when the expected fireworks don't happen. Don't do the same with DA. We'll do extremely well even without the silly numbers being bandied about.

I actually live in Cyprus. But I'm at the extreme western end. Accurate news is hard to come by as I don't speak Greek, but I think the fires were nearer Limassol than Larnaca. It's the prevailing south westerly wind that blows the smoke and fire towards Larnaca. We have operations north of Limassol don't we? I know I should know, but Caerus' locational info on the website isn't great, and tbh, I'm not too concerned where it is. Unless there's a huge fire of course.

If you're interested, here's the best info I have. https://in-cyprus.philenews.com/latest-our-priority-is-not-lose-lives-says-anastasiades-in-tweet-on-fire-battle-to-secure-machairas/

I suppose the only danger to Caerus' operations is to buildings and equipment. Small fry compared to the poor souls who've lost their homes, or even lives.

...if Caerus has been affected by the Cypriot wildfire?

...do you think Tern chose now to launch Wyld onto the markets? Could it be because Wyld's existing contracts are about to move to a new level? Or significant deals are in the offing? Something to do with Wyld suddenly becoming a more mature commercial operation? In other words, can we expect significant announcements from Wyld soon?

'be leave'?

Make your own call. I'm sure you're capable of looking at what the investees are doing. Aren't you? And if so, perhaps you'll feel less inclined to refer to 'ramping'. If not, go elsewhere, there's a good chap.

Unless Wyld's price was to truly go stratospheric, I'm not sure it's going to have a great impact on the Tern price. Most people have an idea that Wyld is a hot prospect, and this is built into our price to a degree. Where the benefit will come is down the line as Wyld's success grows and so does its value, which will now be reflected in Terns price in a more accurate way. But it'll take a little time. The caveat is that there may e demand for Tern shares from those who couldn't get enough shares in the wyld IPO.

At 14:22, the bid offer was 28/28.5. The trade took place at 28. Immediately after, the bid dropped to 27.5. You still think it was a buy?

A given single sell or buy can be matched to multiple trades of the opposite type.

Why do you think it was a buy?

I know that was a repeat post but I just thought I'd emphasise the fact. Clearly it will fly on friday, and overspill will but Tern.

https://twitter.com/Kat_Hassard/status/1409942216949239813?s=20