Member Info for BruteBernard

You are obviously right CV. But hard to agree with your opinion of “Strong Sell”.

Yes old Buzzy is a sad old boy. Did his arse on these many years ago by investing too early. Can’t get over the trauma.

The ‘newbies’, as he refers to them, have nailed the timing and good luck to them👍

The market is very hesitant here as it believes management may take the company private. It’s an emerging trend on AIM (see Hornby, ADVFN, Brighton Pier). It will not be a pretty outcome if that comes to be, and remember the CEO entertained that idea just a couple of years ago.

Stereax is manufactured in the US. No tariffs therefore.

Diversification by having 2 distinct product lines: large format Goliath batteries and Stereax miniaturised batteries, is clearly unique. But it comes with a downside. It effectively blocks potential OEM and Tier 1 investors from any targeted investment. Currently, investing in IKA at the company level is an investment in both. An outside trade investor would only wish to target an investment in one or the other.

The time is approaching when Ilika should consider becoming a holding company and create 2 distinct, wholly owned subsidiaries, let’s call them Goliath Ltd and Stereax Ltd. This would allow a targeted investment in the SSB subsidiary that suits its business model.

Following that, IKA may choose to separately list either subsidiary at the appropriate time, simultaneously raising funds via an IPO. Or even both, in due course. Perhaps Goliath could list on the UK main market (grants still available) whilst Stereax might be better suited on the Nasdaq.

Speculation but food for thought?

stretchering the last of the bg fund wind up. the he**** awaits. then the shares blow a gasket.

Not strange. Just sponging up the seller. With each buy, the overhang lessens. Once the seller is stretchered out, watch it go…

Who would they buy them back from?? Very little free float as it is…

Is it tanking? Looks like it hasn’t moved for ages.

The full year results require fine tuning of my earlier calcs. However, the appointment of this particular new Chairman pretty much confirms plans to take this company private next year.