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That’s the general idea and hopefully it will be well received…time will tell.
Again, that’s the risk business…the alternative is to ‘bail out’…but done that in the past and after years of being in a share. I sell only to find the next day it doubles in price!
I suppose, some may find the attached useful? :)
www.ebay.co.uk/itm/143938851411?hash=item21836c9253:g:gg0AAOSw~UJgHMyn
(eBay item number:143938851411)
What I have learned over the decades is the main point to focus in on are the directors character and ability. There are a lot of ‘Flash Harry’s’ out there who can ‘talk the talk’ and impress the ‘pensioners’, but fail to go for that walk afterwards!
In my mind (and I have taken the time & trouble to meet them at a previous AGM) they are straight and trustworthy guys. There is no doubt they know the technical stuff (most beyond me) … to give a balanced view, their experience of operating in the small company environment is probably the weak spot, but doesn’t cause me concern. It’s always going to be difficult bringing on a large company product, within a small company. Having said that, this side has come on leaps and bounds over the years and the son has taken to it like a ‘duck to water’.
Then you have to assess the actual company itself…I use the tried and tested S.W.O.T. analysis method (the old bankers out there will smile), weighing up…Strengths, Weakness, Opportunities and Threats. I’m sure there are other methods covered in books?
After reviewing everything you can, you then have to make that informed decision… if the risk/reward is right for you personally, re strength of you own finances, commitments re family/mortgages and if you can sleep at night, go for it…if it keeps you awake at night, you have too much invested. I started off getting excited about making £200 on each application re all the privatisations in the 80’s, but now need a lot more to get the old blood flowing!
No, I don’t like my holding being diluted same as everybody else, but the funds to develop the product have to be raised somehow. Of course at this stage I would have liked TEK to own 100% of Belluscura…however, it’s better to own 20% of something valuable, rather than 100% of nothing.
Anyway, sorry to babble on, I guess the youngsters of today press some button on the computer and its all done for them?..they are all probably yawning and doing hand gestures whilst reading this, but some advice from an old timer may just help somebody and it good to share ideas?
Hopefully, it will stop raining soon and I can get out in the garden and stop rambling on here!
You are right, nothings guaranteed…if it was, the share price would be a lot higher…that’s the risk business, but also provides some of the buzz..a bit like bungee jumping, but I’m too old for that!
Reminds me of the Bucks Fizz song…’If you can’t stand the heat, stay out of the kitchen.’
I can only draw on decades of lending experience to company’s in the hi-tech industry and 35 years+ investing on the stock market. (which I do for fun these days as I have more than enough cash from share dealing) However, I have dropped the odd clanger in the past, but am fully aware of the risks…it would not matter if I lost the lot…but, you have to have enough invested to either celebrate or hurt!! So Gaudeamuslgitur, try not to worry about me, I know what I am doing and the risks I am taking!!
With Belluscura floating end of May and funds being retained, one would hope the need to set off the confetti cannon again has come to an end?
Unless they intend to retain some of the Belluscura shares..who knows, but they are straight guys and I do trust their judgement, even though sometimes the Pi's are left out of the loop...hopefully this trust will be rewarded in the long run?
Having said that, I am also surprised that no TR1 has not been forthcoming…the new holder/holders must have cross a percentage line by now as a lot of shares have changed hands?...another question for the Q&A session!
I seem to remember that clause being in every AGM for the last few years…certainly it was in last year’s dated 27th July 2020
‘grant rights to subscribe for, or to convert any security into, such shares in the Company up to an aggregate nominal amount of £175,556.08, representing approximately 50 per cent of the Company’s current issued ordinary share capital.’
www.electionuncovered.com/2021/05/10/small-cap-wrap-open-orphan-mincon-group-eight-capital-partners-and-more/
Belluscura to join AIM. The designer and manufacturer of FDA cleared, lightweight and portable oxygen concentrators to raise £15m, with an expected pre-money market capitalisation of £35-40m. Due late May.
Re RNS 14 September 2020
At the time I think we searched and found the following – You see, older peoples long term memory is pretty good…it’s just I can’t remember where I put the car keys this morning!
www.phys.org/pdf229872796.pdf
‘An energy-harvesting shock absorber that can be installed in a vehicle's suspension system to absorb the energy from bumps in the road, convert the energy into electricity, and improve fuel efficiency by 1-8% has recently won the R&D 100 award. Nicknamed the "Oscar of Invention," the annual award is given out by R&D Magazine to recognize the top 100 innovative technologies introduced during the previous year.’ (2011)
I have little doubt with their 4.5k university data base, they will have new IPs to replace the existing ones being floated in the pipeline. I have a feeling, they had to limit themselves to the current four so not to over stretch their finances.
Who knows, if they retain enough of the proceeds and with the newly acquired experiences from the existing four, they can up the numbers still further. I suppose, giving a balanced view, Max is no ‘spring chicken’… having said that, they appoint others to run the new companies + there is his son coming online…initially, I thought the son was appointed to just make up the numbers, but to be honest, I have been well impressed with his performance with Lucyd.
Perhaps in time Max may take a step back and just be an advisor..this is all just guess work, but I see TEK going from strength to strength.
I just think they need to get an actual result in on one of the companies in order to prove themselves…all on paper at the moment and the news on Guidant this morning is again some way off being monetized. I have little doubt it will come and no intention of selling, but they’ve all been on the cusp ever since I have been a holder 3 years+… I’m a patient guy, but even I’m getting bored!
Seeing is believing and I think that’s what the market needs/wants. I think we are now on the last straight so maybe it’s a case of digging deep and sucking it up…one day, the long term holders will faint when that hoped for RNS finally brings home the bacon!
Makes good reading and did well to keep revenues up…I suppose the only thing I would focus in on is the value placed on Guident at $22m (increase of $6.4M), although it does say this was done by an external valuation by an independent patent valuation expert.
Good spot…21.47 is a very late trade indeed and our market would have long since closed at this time & traders home just having watched Corrie…maybe it’s a USA trade, although nothing showing on OTC Markets...not sure how this works, but perhaps somebody on here knows about dual listing and if the trade exceeds the float?
https://www.youtube.com/watch?v=QcSITvr987A
Well, I suppose it’s something to watch whilst awaiting news. Not sure if it warrants all the seductive music…is it me or are the fountains at the end a metaphor for something else? Hum, perhaps just me…I’ll get my coat! :)