Member Info for Asleep

Fill your boots!

BOD feet up and relaxed on a yaught in the med, soaking up the sun. Just cranking up the laptop for the 'remote' meeting. Oops no WiFi, what a shame, technical issues. Oops one of the licenses has blown off deck, oh well it was worthless anyway. Keep buying, shares very low, almost at rock bottom give away price.

The BOD are stuck there, that's why they are having a remote AGM. Plus no pesky shareholders to interfere with closed door decisions. No sandwiches and booze to pay for ...cash is tight. 2.75p keep buying or get a spade and dig up those estimated £bn of minerals yourself. Limited buyers though, maybe Belarus or China but their economy has hit the skids. Licenses all around, but potential buyers sensibly keeping their cash in pockets, as the Russian economy continues to decline.

I'm definitely up for buying more shares at 2.5p or less to raise capital until they can sell their gear 'shortly'. That should take Eua up to at least 3bn shares in issue, diluting the value of the business well below it's £83m value at the moment. Keep buying.

So many unknowns, lots of speculation and anticipation. Very high risk. AGM just a tick box exercise for BOD.

RNS just released providing a very positive trading update. Excellent work Spirent.

Weds 2nd Aug half year results.

The SP hasn't been this low since 1996. I wasn't even born then, so it could be a good time to buy, or not, who knows?

I think it will bounce around here until the 3 merger is decided upon next year.

I've thought about myself. I think I'll wait until the half year report later on this month. If it like some other cyclical businesses it will be a better entry point than today. Thanks for the replies.

About dipping my toes in here, but I'm afraid I might be catching a falling knife. Advice welcome.

Is that because you expect the economy to improve with lower inflation and interest rates or that the CEO will be gone. Or something else? Thanks

Anybody got any views on the effect on ITV of a probable labour win at the next general election.

Except for the £7m loss this year. Over £3m loss last year. Accumulated loss over £35m. Buyer beware. As for all the estimated assets in the ground, they need to be mined out at significant cost to the buyer. No wonder the assets aren't been purchased, alongside of course the ongoing political and economic uncertainty in Russia.

James was meant to help with the sale process also, and has now sailed happily into the sunset. Worried about the cash burn and lack of revenue here. £2m plus drained away since last cash announcement.

Good article in The Times 2 July ' here's what to know about cannibal stocks'. Highlights successful buybacks e.g. Apple and Next and unsuccessful Boeing and IBM. Hopefully, Spirent can continue to grow, have a buyback strategy moving forwards, and as one global investment manager stated 'buybacks should come when a board feels that it's shares are fundamentally undervalued, not just because the company has surplus cash'. Spirent at a 4 year low of £1.64 hits that criteria, with the next tranche of buy-backs starting on Monday.

Somebody knows something leading to a 16% price drop. Selling up before suspension, then could be a long wait to have cash tied up, with no guarantees of ever getting it back.

Agree, it's a screaming buy for private shareholders. Even better if another business took a major stake.

There will be a few spikes in the SP today with the anticapated corporate accounts possibly available to read.

Hopefully, they will be audited well! Be careful not to get sucked in, speaking from experience from a disillusioned shareholder.

More stock piling at WK I expect, estimated value of £5.6m revenue until sold, to whom who knows. Therefore this value will continue to increase, while the £3m in cash declines. Ongoing production providing the weather is warm so all good. Continue buying at this low price.