Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Dilution doesn't seem too bad considering we've fully acquired a profit making organisation - I have faith that Andrew Staley would know what he was buying into (both TAVI and Price Bailey FS). Also, The significant shareholders (inc Directors & Chairman) took 60% of the 70m shares - this suggests they're in for the long term and not likely to be flipping the shares for a quick profit.
Fingers crossed for a move past 5p following RTO. However, potential investors should be aware that when RTOs are in play a company's shares may get suspended for several weeks / months. I was in one that, from vague memory, remained suspended for 6 months. So, those needing easy access to their investment cash should be aware it could get frozen.
I'd prefer a brilliantly managed and focused FTSE 100 company to take Pinewood forward - ITV anyone? Seriously, anyone here with a view?
Just in case anyone's still reading this chat, the company (Synety) is now known as CloudCall so choose CALL (instead of SNTY)
The RNS does address head-on many investors' concerns about cash burn - many of us 'voted' by not buying into the last fund raising. At least we can't complain the Board aren't listening. I guess I'll sit tight for at least a couple more quarters but will keep a keen eye on they new 'strategy'.
Good luck to holders making a large gain on this but I couldn't help thinking about the TSB revamp and launch end 2013 'early 2014 where they were harking back to 19th century style banking values. Take a look at the Ad agency's campaign (approved by the board). Amongst what appears now to be window dressing quotes is this gem: (blah, blah, focus on individual and business customers) "without the complications and distractions of an international or investment banking arm". http://www.campaignlive.co.uk/news/1210959/ I'd have preferred John Lewis partnership to have taken them over as they would have been more likely to carry the torch for fairness and transparency. Only being contrary - good luck to you investors.
Not sure where this share is going but it may be of interest to read Standard Life's RNS from last Friday (6th Feb). they have cosied up with Financial Planners Perason Jones (via Skipton Bidg Soc.). Pearson manages assets of £1.1bn, has 39 advisors and employs 102 staff. Standard Life has just sold its Canadian operation and is looking to take advantage of the changes in rules for pensions allowing people to make their own investment decisions. Not suggesting SL are watching TAVI but there are loads of similar companies and they ofter move along similar lines. Here's the link but if it's censored just look at SL in LSE and click on last Friday's RNS. For the record I'm a small holder (little bit disgruntled) but have opted for my full 'open offer' entitlement. Best of luck to investors (especially long term holders!) http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SL.&ArticleCode=x670bwts&ArticleHeadline=Launch_of_UKwide_financial_advice_business
This is published today online. Interesting summary of Tavistock's business and maybe useful for those researching prior to investing here: [ http://www.iii.co.uk/articles/198047/edmond-jacksons-stockwatch%3A-speculative-small-cap-will-deliver-action ]
Not earth shattering but great to hear from the company. Thought they do mention 1300 clients signed since early August and profitability not far off! In this fickle AIM market I think the BoD were right to make an announcement to maintain (fickle) investors' awareness of the company and its planned trajectory. Hopefully this will address the SP drift seen over the last couple of days.
I do hold two remaining small miners hoping there'll be a buyout or joint venture down the line so I'm holding rather than realising a loss right now. I have one oil (HUR) which was bought on research alone not intuition and it's looking good aside from last 2 days drop over Scottish independence uncertainty. Anyway, SNTY was staging a recovery to £2.10 and just dropped to £1.72 (22% down!) so it's an extraordinary day - maybe what folk refer to as 'MM games'. Brycen you write posts using the royal "we" - are you a company / investment house?
Thanks to Dibs and Brycen for your considered and reassuring posts and to Dino78 for the TV link. I topped up yesterday as my diary was flagged with the interims and investor day today - wish I'd left it until this morning as I've paid over the odds. It is strange as you guys suspect PIs bizarre strategies and shortsightedness (seeing "loss"). I'm sitting tight as I feel the product and company are sound and run by level headed types; time will tell! I think my real problem is that I tend to be an intuitive investor - no problem when it goes right but when it goes wrong my investment decisions are difficult to defend! Overall though, my 'intuitive' stuff is going quite well but I've learnt to stay out of mining exploration companies - I reckon small cap miners share prices behave less predictably than atom movements in quantum mechanics.
Dibs61? Anyone more knowledgable than me? Help! I believe in this little company and just read the RNS. Not bad at all - steady growth but not mining style "we've struck oil" but steady - the management aren't prone to hyperbole. Then new integration announced with ORACLE - 2nd largest software company! The share price as I write is on Google at £1.95 (11.4% down). I think this might be a message for me - you're out of your depth in AIM stick to the larger FTSE 100 companies. Any further insight welcomed.
Still have a lot of faith in this company especially if it manages to deliver in the US. But, the price is heading down so fast and is now way below the £2.50 placing offer price in March 2014 which was then oversubscribed. I'd love to believe now was an irresistible buying opportunity but would welcome others' thoughts on the sinking price.
Following the budget's radical overhaul of the pensions industry, particularly the freedom for individuals to invest their "pot" as they please rather than being shackled to purchasing an annuity, there's news today [ http://www.bbc.co.uk/news/business/ ] that George Osborne plans for individuals to get impartial advice on investing from Age Concern and Citizens Advice! Well, they may be good on assisting with disputes over a neighbours fence but these bodies will need the support on personal financial advisors. Does anyone think this bodes well for TAVI as it builds its network of IFAs?
I just bought 19,000 at 4.52p (4:05pm) via Hargreaves Lansdown - I expected it might be nearer 5p so worth getting a quote first.
Would be nice to think so but it does appear to drift south without news. However, pointless RNS' seem to cause as much damage as silence so I'm working on the assumption there is a plan and things take time. There's a lot of talk post-budget of transforming the way pensions are managed - individuals will need more guidance from advisors as greater freedom to manage one's pension will lead to an increased need for personal financial advice; I would hope this is TAVI's advantage.
If LSE 'delete' the old UBC ticket all previous RNS messages are available on the new 7Digital investor relations site at: [ http://about.7digital.com/investors ] Good luck to new and longer term holders. (I'll post similar on the new 7Digital BB)
It's been tough for those (me!) buying in over 6 months ago currently nursing a 50% drop as well as having our capital locked in suspension for so long. However, I think it's 7Digital that is providing the real leadership and has loads of top notch customers. Also, we've now got a major strengthening of the Board (see the RNS for details). Do have an uncomfortable feeling that this Reverse Takeover (RTO) feels more like having been taken from behind but if it all comes good over the next year I'll turn a blind eye; I'm quite obliging if the price is right!
Audioboom's (BOOM) RNS this morning announces the signing up of massive names, SKY and CBS Radio. BOOM's share price has jumped 10% - 15% on the news this morning. UBC/& Digital own almost 20% of Audioboo so by maths we should be up here by around 10% (based on our lower MC). Are my sums correct? If not, why don't we rise as major shareholders?
Mann123: On Monday, you suggested it would be 13p on Tuesday morning because of technical issues preventing trading. It didn't touch 13p so you said " the WHOLE week" is now lost due to sentiment. Presumably, you're on for a 13p start to next Monday once the sentiment issue has cleared, if so why is your message tagged "Strong Sell"? Surely, 100%+ potential gain in 6 days must at least qualify for a lukewarm buy! No?