Member Info for Batterseafish

It’s ST latest write up.

Although if you look at the history of buys, they often mark a turning point.

Consider the rational for the 7.12.21 RNS. The price drop that day imho was the reaction of Think Smart to the note in Square accounts of the Think Smart holding. From memory about 4 million £.
Perhaps the board realised the Independant valuation of its holding was not guaranteed.

Your platform should help you vote.

This could recover in time if Nasdaq and Block bounce. But given the rocketing 10 year now at 1.7% most likely this will slump in the short to medium term. If deal voted down expect litigation and return to 14p.

Oh, apologies, I see St has updated. Hmm……..re analyst predictions re Block share price. Also remember the entry in Square accounts re their valuation of the Think Smart holding. If Block exchange blocked I would not take the put call ration valuation as gospel. Dispute re valuation could end up in litigation. Will bounce tomorrow perhaps on St article.

Will be Surprised if this rises this year. Block on the chopping board. St updates house builders today with rather unexciting update. Complete silence on his over optimistic predictions for Think Smart. Previously stated at around 100p valuation End Play to the Upside! But reality has been a crash through the downside.

This looks positive

I bought in on the St valuation which he said “the risk to valuation is to the upside’ when they were 90p. Another case of him being way to optimistic.

But the assumption that this will be wound up is just that. Until that becomes clear this will trade at a discount like most other investment holding companies. As this is fairly illiquid the discount could be large.

And this will trade at a discount to the shares of Block…….will it settle at 50p?

Anyone know what the 106p trade of 145,000 shares means. It is timed post market close.

Was published some days ago though……….shares went ex div and have since recovered that. Volumes suggest something is cooking other than St.

Unlikely……….high growth figures rare in Uk mean this will bounce back soon Imho.

Plenty of debt here. Not saying co doesn’t have attractions but debt free not one of them

Profit margins have remained strong in the period, at 37% for adjusted EBITDA and 17% for adjusted PBT. The Group's cash generation has been good and ahead of the Board's expectations, with the cash position increasing to approximately £26.0 million at 30 September 2021 (31 March 2021: £23.0 million). The revolver loan drawn amount remains unchanged from last year and along with lease liabilities the Board expects net debt to be approximately £50.0 million at 30 September 2021 (31 March 2021: £54.6 million).

Well undervalued IMHO. Too much attention being paid to present production. Surely much more to come when eventually substantially higher grade ore accessed. Anglo Gold knows. Ok, so was overvalued at £1.50. Director sales told us so. Recent buys the opposite.

COVID drug treatment offers more hope……….and Elliot plotting in the background too

Market is weak. Can only think of sceptics re new strategy. I am holding on though. Could be headed to 60p which is the next level of support although it could turn up any time IMHO. Time will tell.

Maybe should have read the Times first lol. Their report seems to suggest that it’s all been resolved by Wpp making a payment to Sec. so perhaps this will bounce on Monday.

Ft story about sec (Us Gvt) investigating wpp for bribery while S was in charge reason for drop here perhaps.

Just Simon updating results and 75p short term target although longer term could be much more.