Member Info for BodRuncie

These figures don't include the recently announced Legions Imperialis, and next year sees the re-awakening of the Old World.

Bumper sales figures are set to continue through 2024.

The ITX board has always been in the under-promising/over-delivering mindset, which is good. There are a lot of AIM small & mid-caps out there not hitting their targets and getting battered in the markets for it, but ITX have been more conservative (lower case "c") than others. In a world of profit warnings and missed targets, an "inline" TU is a win.

Now that the post-Covid bottom has (probably) been hit, and ITX has come through it as a company relatively well, it is now time to start the effort of getting the name out there, giving the forecasts more visibility, to give a bit of momentum to help the share price rise alongside a series of (imo) increasingly positive updates that will come out during 2024.

The hatches had been battened, and it's time to unbatten them. In a contracting market, no one would heed positive brokers' notes, or they'd sell out and take their 10% as we've seen in a every other company in the markets at the moment. But ITX is well on the route to breakeven and then profitability, so it's time to add some promotion and some noise to coincide with the upswing.

it's a restatement of the july trading update, but i'm sure it won't stop pis ****ting the bed tomorrow.

Hi Talt, I just saw your post. Did you speak with Mark? How did it go?

A great update and I added again today.

What the RNS doesn't tell you, but you'd know from listening to interviews with/about the company, is that their payments for the Ladders Free (iirc) buy out will come off the books in June 2024, causing a healthy boost to the bottom line even if nothing else changes in the business.

I am anticipating 2.50 in 12 months time.

Lol, the RNS today only mentions Canaccord becoming sole broker and Nomad. I didn't think the market would be that excited by this news!

These are usually automated trades, sold from accounts to cover monthly fee charges.

The fine print in my SIPP says that if I don't have sufficient cash to cover the monthly fee, the provider can sell enough shares to cover the cost.

Other than that, or algo-bots manipulating/testing prices, I can't think of a real* reason why someone would sell a tiny number of shares.

(* = the mythical "1 trade" is not a real reason).

Hopefully this means the bottom is finally in.

It was an RNS Reach, rather than an RNS, which was a clever way of getting this message out.

The threshhold for releasing a Reach (vs an RNS) is much lower, so the board used it to announce 1 billion ad impressions, and then "while we have your attention", they snuck in the unofficial trading update :)

Hopefully the share price bottom is now in, and we can look forward to a steady and sustained rise over the coming quarters.

The H1 Trading update is out today:

https://www.londonstockexchange.com/news-article/SYS/trading-update-notice-of-results/16190460

On the surface, this looks like a TU that the current market is going to hammer. Revenue down, cash down, debt up.

But below the surface there are some interesting things going on. The tough economic climate caught up with SYS, but it seems like the new Chairman Heejae Chae is a man with a vision.

The new board appointments (still no CEO? but it seems Chae is fulfilling that role under the title of Chairman) are amazing, and most likely a result of Chae's connections.

A big mention of AI (including appointment of Chief AI Officer), which is a new one for SYS Group, and it's definitely a hot buzzword right now, so we'll have to wait until the Half Year Interims are published on 27th Nov to find out what it actually means.

Some buying pressure recently, pushing the share price up, despite the rest of the markets seeming to crash, makes me wonder who is behind it.

Jimjam, so TRX spend some money on an ad campaign and convince members of the public to buy some dCell products for Xmas...?

Welcome aboard! Sys Group seems to he a sensibly managed company in growth mode with sticky high margin recurring revenue.

Heejae Chae certainly sees something he likes, and he has a great track record.

It's a quiet stock flying under the radar of the herd. It's a good time to get onboard.

Not much stock around and someone is trying to get their hands on all they can.

The upward pressure on this, while everything else in the market is crashing, makes me happy to hold and wait to see what happens.

Still quietly moving up. 4 trades today, all purchases.

HyProMag US, the JV set up to proceed in the USA, and get access to funding (via CoTec) is 40% MKA and 60% CoTec.

A purchase in June and another in October, from one director, doesn't seem like a coordinated effort by management to trash the share price.

But Glen presumably sees upside from these levels, so that is encouraging for us shareholders who are often in the dark as to what is going on with LND.

Have a read of the RNS. They discuss a hub and 3 spoke model.

It was only the RNS trashing KINO released by the company that wanted to buy them out that I was referring to, I wasn't saying the 2 takeovers are equivalent.

Excellent sleuthing, NewGacky 😀

The 48.5p will be disputed. If HIG go right up to the extension deadline (9th Nov) to announce a decision, then it's likely the divi will be locked in and HIG will want to reduce their offer by the divi amount (as per the original RNS), so 47.5 p per share looks more likely.

There's also the outside possibility (re: the thankfully unsuccessful take-under offer for KINO) that HIG release an RNS to trash what they find about DX in their DD, and try to weasel a lower offer.

Other than the high likelihood of HIG reducing their offer to 47.5p because of the divi, I'd be wary of trying to intuit too much about this process.