Member Info for bald_eagle

SP is jumping around like a jackrabbit....nice profits for the quick & the brave.

The buy-back is continuing & even being accelerated despite the difficult trading conditions. They will be buying plenty of shares today after the drop!!
Good to see that they have intergated Unruly and are finding lots of cost savings....hopefully they will emerge a leaner, fitter outfit. But jam tomorrow is now off the menu....a glass of water and a slice of dry bread perhaps?!

I have no idea whether Cirra is actually someone else...nobody does for sure. But I do know that he/she is probably disgruntled because they are upset with their 'portfolio manager' for investing in shares with a poor or lacklustre performance. Cirra is 'probably' equally annoyed with themselves for allowing their investments to be mismanaged in the first place...or they should be.
Never pleasant to sell for a loss....but hardly a reason to spread their 'toxicity' to us (or attempt to). Sell, forget about it & move onto greener pastures.
But I suspect their may be a hidden agenda & we may hear from Cirra again. If we do then this may support the avatar theory (which I presume has something to do with STT1).

We don't even know whether Cirra was a long term Blinkx (RthymnnmnthmnOne) shareholder or 'inherited' his holding as Taptica. It is so easy to come up with attention grabbing statements like 'toxic stock' but it really needs to be substantiated or at least explained....otherwise we can only assume it was done for an underhand purpose.
Never heard of anyone 'inheriting' stock from their own portfolio manager....it all seems a little odd.
Recently joined and almost immediately starts calling a company 'toxic' whilst blaming his portfolio manager for investing in the company....all very odd.
Sounds like someone who gave his 'portfolio manager' too much leeway and they invested in some companies that haven't done very well...now wants to brand the stock as toxic rather than accept that he didn't monitor or control his investments properly. Odd.

Curly, I spotted the inconsistency in Cirra's comments too. But am willing to give him/her the benefit of the doubt. It would be interesting to hear the viewpoint of someone who has done their 'due diligence' and come to a different conclusion to the majority of posters on here.

Cirra, what makes you classify Tremor as 'a very toxic stock'? I would be very interested in your thinking....don't hold back, I think we are all big enough to hear some negativity. Indeed I may well agree in some respects.

Tomorrows RNS: ALtyn have invested in a toaster for the staff canteen that can do 6 slices in one go.

"...unless the price you paid was above the mid price between the bid and ask, then that would automatically be recorded as sell."
=====================
??

Sounds like Kev was just 'lucky'. He 'obviously' bought just as the bid/ask prices were transitioning lower - see the following trade 20 minutes later for the same price that was 'correctly' identified as a Buy. The price he paid was the price he paid but the bid/ask information attributed to his purchase was garbage. Doesn't exactly fill one with confidence about the information private investors get....but I suppose if you want more accurate data you have to pay.

Heard recently that a bald eagle was stabbed through the heart by a loon....I am now taking precautions!! (stab vest). Lots of loons where I live.

Neither in America nor a Yank...just bald!

"My main head scratcher is this: why is this company so cheap? If they do what they say we're going to do, and it looks to me as though we may, I believe this is way undervalued at these prices."
================
You ask a question and then supply the answer.
You hit the nail on the head...they have to deliver on their promises. The market is waiting to see the results in black & white.

RHTM had a habit of jam tomorrow....hopefully TRMR haven't been infected by the same disease.

"As part of the bond placement agreement, Altyn is issuing stock options (exercisable by 1st October 2020) to the sole manager JSC Freedom Finance for 154,028,981 shares upon full placement by the end of June 2020. "
==================================
Can someone please explain why they are giving options worth circa £2.3m to incentivise a company - who are presumably already getting paid for doing the job - to secure a bond placement of 'only' £10m. Seems very generous.

Don't forget that Kazakh winters can be harsh and impact production...although underground mining may be less affected than open cast. Still, one would expect peak output in the summer months & a drop during winter.

H1 should be good figures...there is the current 150k tonnes per quarter and the stockpiled ore from when the milling plant was down.

"Or to acquire another company."
==================================
I'm not sure of the benefit of using shares held in treasury to acquire another company. Surely it's the same - or very similar - to issuing new shares.

About the only real benefit is to enhance EPS by reducing the number of shares in circulation. As soon as you start selling them or re-issuing them for an acquisition it defeats the primary objective.

If I were negative I could argue that share buy-backs can be signs of a management that lack imagination & don't know how to invest spare cash that enhances the business. I am sure that most investors would like a dividend instead....some least a token gesture that they haven't been forgotten.

"At 300p that would be 100 million..."
======================
?

That would be quite some employee share scheme.....23.8 million shares or £38m. Very generous!!

Who pays the 0.5% duty anyway..the company or the employee? Seems a little strange to buy-back 23 million shares in order to avoid a 0.5% tax on a fraction of those shares.

I suppose what they could do with those treasury shares is to give shareholders 10% free extra shares on their holding....which would presumably be exempt from the 0.5% duty...just a thought!!

"Given the recent increase in share price, does that not mean the shares in treasury are now worth more than they paid for them, because they haven’t been cancelled."
========================================================
The 'worth' of the treasury shares would surely depend on the average price they paid for them (something I do not know).

It is also rather academic...because if in the future they are cancelled then their 'worth' is zero.

Currently have 23 million shares in treasury, with 135 million ordinary shares. So if they were to sell those treasury shares then that would effectively be a seller offloading 14% of the company....quite a drag on the SP I would imagine.

I don't really see what they can do with the shares apart from cancelling them. But perhaps they will find a way to sell them and give the cash to shareholders as a special dividend.

"Finncap...must have spotted an opportunity not to be missed"
=============================
Surely Finncap are just following a set of rules on when to buy as stipulated by TRMR's buy-back plan.

TRMR now have 23,879,350 dormant shares in treasury, which must have cost them a pretty penny. Does anyone know what they are going to do with them?

Finncap bought 270,000 shares....How do you know that?

Wasn't the buy back for circa 270,000 shares on 4th & 5th?...which would be TRMR buying back their own shares.

Slowley but Shirely....[filter on] Another good week for TRMR, gawd knows why [filter off] Do condoms smell of burned rubber?...or perhaps that's just me!! [filter on]