Member Info for Bazzaman

And the selling at GGP continues, back into the 10s now.
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https://www.cocrystalpharma.com/news/press-releases/detail/152/cocrystal-pharma-engages-cro-to-conduct-phase-2a-human
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https://ukinvestormagazine.co.uk/taylor-wimpey-tekcapital-and-a-bear-market-rally-with-alan-green/
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Cliff is on for 30mins, looking forward to see whether he builds on his previous one.
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https://www.proactiveinvestors.co.uk/companies/news/989164/open-orphan-subsidiary-hvivo-wins-6-2m-influenza-human-challenge-study-contract-with-us-customer-989164.html
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Also the IC article will be in the published paper version due out tomorrow so expect an uplift when that hits the streets.
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Excellent update, exciting times ahead.
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Simon's latest update just added.
https://www.investorschronicle.co.uk/ideas/2022/07/28/tech-sector-buy-signal/
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Mark Simpson has covered resource companies in his latest article today and includes SLP.
He concludes as follows;
The current price looks to be a compelling valuation as long as investors are comfortable with the political risk, the Rhodium market outlook and the management’s capital allocation skills.
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Mark Simpson has covered resource companies in his latest article today and includes TRIN.
He concludes as follows;
Combined with the re-pricing of their hedges, this means that the 2023 estimates put them on a forward P/E of 3. This looks too cheap, particularly given that they have possible exploration targets in their portfolio as well. The mix of low-risk onshore production and exploration upside seems particularly attractive.
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back on 6th June even.

Just to remind you guys what Simon from IC said bak on 6th June;

This implies the shares are trading on a 33 per cent discount, a valuation that completely ignores the potential for a bumper gain to be realised from the forthcoming Nasdaq IPO of Innovative Eyewear (US: LUCY), the US operating subsidiary of Lucyd, the first company to deliver prescription glasses with Bluetooth technology.

At the mid-point of the $5.50 to $7.50 per share valuation range, Tek’s 5.1mn shares in Innovative Eyewear are worth $33.2mn (as per Nasdaq filings on 27 May 2022 while I was on annual leave), including the conversion of a $1.2mn loan note into 0.19mn shares. In Tek’s 2021 annual accounts, the equity stake was held in the books for only $17.3mn. Even at the bottom end of the IPO valuation range, it is worth 56 per cent more than Tek’s carrying value, adding 5.5p a share to lift Tek’s proforma NAV per share to 44.5p. Buy.

Given the new price range of $7.50 to $9.50 it makes the valuation price gap from TEK's accounts even greater. Roll on Monday for the IPO.

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The best part? Guident's solution of low latency remote monitoring and control can be applied not just in the traditional AVs sense (deliveries, passenger etc) but also industrial - mining, farming and logistics. The company already opened discussions in some of these sectors.

https://twitter.com/GreatlandGold/status/1550003112693358592
SD update

Decline moving faster, great update.
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Also time for JPM to close their short.
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The outlier is Trinity Exploration & Production (TRIN:94p), a £36.5mn market capitalisation oil and gas explorer and producer focused on Trinidad and Tobago, which has shed a quarter of its market value. The de-rating is wholly unjustified. Second-quarter results highlight a company that produced operating cash flow of $6.9mn (pre-tax and hedging) with operating break-even less than a third of the $96.80 per barrel average realised price on 3,093 barrels of oil daily production.

Hedges are unwinding as 70 per cent of second-half output is exposed to the spot oil price, while a low-risk onshore drilling programme offers attractive cash payback of 1.6 years (conventional infill well) to 1.3 years (horizontal well). It will be mainly funded by internal cash flow, so net cash of $15mn (33p a share) should be little changed by the year-end.

Rated on price/earnings (PE) ratios of 3.3 (2022) and 1.4 (2023), when output will be completely unhedged, the value on offer here is compelling.

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I think their email follow up is listing incorrect companies as none of them line up. Hopefully an error on their part.
GLA & hopefully a good session tomorrow.

Are POLB still presenting tomorrow? My reminder invitation doesn't mention them although still stated on their website.

The cash position at December 21 (year end of results) was given as £15.7m. In September we will get the half year results for 2022 and the cash position will be given. Twice a year cash position is the norm.
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