Member Info for BodRuncie

Good progress. It's safe to say the herd haven't discovered this one yet :)

I am comfortable holding this for the long-term.

Have there really been no posts since 14th Sept 2021?

Well, we can copy and paste the last message :)

that's a load of rubbish and very poor journalism.

It is excellent news, but with no RNS I wonder how many potential investors have yet to hear of it.

ACSO is a great LTH.

Thanks for the info, Oogle.

I've never really looked into Kestrel, but that is an excellent resource, and they seem very canny investors. It boosts my confidence in ULS. Congrats on your CNIC holding!

Where are you getting the info from, is it the list of significant shareholders?

I hold ULS in my ISA, and I use JIM (Jarvis Investment Management, i.e. x-o) as my trading platform, so it could be a load of smaller nominee accounts held by JIM. *I am not a significant shareholder btw!

Normal service is resumed in 2022 with Oliver Scott/Kestrel purchasing more to take them past the 29% mark.

It's all looking good. ULS bucking the overall downtrend of the markets today.

Slow and steady progress in the ULS share price is what I like to see. Especially in the absence of an RNS.

No hype, no FOMO. Just steady accumulation, buying & holding for the long-term.

ULS is in the right place at the right time, so here's hoping 2022 is when we start to reap the rewards.

Good luck to all LTH. Enjoy the quiet while we can :)

I agree, unhooked. PIs don't have the inside track that the Board do.

If the Board were being 100% transparent, they should have provided more info on the reason for the corporate governance issue, AND they should have said that they would be buying more shares for their personal holdings if the share price drops below a certain level.

That would be unprecedented, I agree, but it would have avoided looking like the dodgy (insert expletives) they acted like.

An excellent summary, Dallo.

And happy holidays to everyone on here, let's have some good luck in 22!

"They promised so much but haven’t delivered yet." so... completely different to NFX then!?

I jest, I jest :)

VRS shareholders reckoned this kind of deal wouldn't have been signed unless some significant news was coming soon, but Lanstead were selling from the get-go, and... well, let's just say Lanstead won't be getting Christmas cards from VRS shareholders any time soon.

But good luck all lth!

VRS doubled down with Lanstead in Dec 2020 for a second tranche. And the VRS share spike in January to 70+p lasted barely a couple of weeks before dropping right back down to below the subscription price.

Regardless, share price has been sliding continuously since January 2021, and Lanstead selling tranches throughout, no matter the share price, and despite everyone (including CEO) touting that a higher share price benefits all.

Maybe things will be different with NFX...

For comparison, look at Lanstead's investment in Versarien (VRS).

At first, shareholders were optimistic over the involvement, and talking of how a high share price benefits everyone.

But in reality, Lanstead are selling no matter the price to cover their costs. Lanstead's MO seems to be: Profit is profit, even lower profit, and even at the expense of the company's share price.

Sounds like PIs have to read between the lines of what they're really trying to say... I'm picking up: no dividend, no share buy-backs.

But what do we know? Gatemore Capital Management LLP (who hold 18% of DX) replaced the DX board in 2017. Now they wanted a further say in how the company is run, so got their co-founder & managing partner, Liad Meidar, onto the board as a NED. Now that person is reviewing the growth strategy proposed barely a month ago (Nov 8th: reinstate dividends and look for M&A).

Gatemore seem supportive of businesses, e.g. backing Julian Dunkerton's resumption of managing activities at SuperDry, and the current upturn in business from DX must be due in part to the revamped board.

But I wonder if Lloyd Dunn and Gatemore are in disagreement behind the scenes?

The shares will be suspended on Jan 2nd, and I wonder if the appointment of Mr Meidar and the swift reassessment of strategy is linked to the corporate governance enquiry.

I continue to hold, but nervously.

Same here, but a "fair offer" for me would be £20 minimum. And the longer it takes, the more will have to be offered. Each financial quarter, I'd expect this figure to rise, as long as BOOM continue to grow exponentially.

A real offer would be somewhere north of £20.

£12 was a stupid stunt by AAA, trying to blag BOOM on the cheap, and £15 would still be a slap in the face.

If they make a fair bid in cash, then they have my vote.

If they try to go cheap, or offer unlisted shares (wtf!? seriously?), then forget about it.

It's a tough climate for PIs right now, but I think the company's own mentioned share prices (80p and 60p warrants) are good benchmarks for 2022, until the big orders start getting RNSd.

Despite the market crash in March 2020, it turns out end of 2021 is when the Covid crunch is really being felt by businesses, and as a knock-on, the markets. The labour issues (work from home, shortages, the pingdemic), the supply chain issues, asynchronous lockdown disruption.

This all adds up to delayed/deferred orders, even final results have been delayed by so many companies. And PIs are selling out accordingly, due to general FUD.

ENET are not immune from it, no reason why they should be, but what gives me great confidence is that they have taken steps to secure their supply chain components for 2022, which is going to be a step-change from 2021.

When the share price rose quickly to 60p, how many on here were regretting not filling their boots in the 30s and 40s? The company hasn't changed, it has just been buffetted by global issues that are affecting everyone.

It's like the old adage about the stock market being the only place where people are less inclined to buy when there's a sale.

Personally, I topped up at 42p and 43.9p today, because I am confident this is heading to 60p, and then onto 80p in the not-too-distant future.

I bought more at 42p.

Thanks!

That's 4 purchases now in December alone from Oliver Scott et al.

Nearly 100,000 more shares at full market price!