Member Info for BumblingFool

Thanks hale spar very helpful

Ha ha daddy big bucks, somehow I expect when there is big contracts there is competitors, there is much made of our chances but no discussion of the opposition, seems a bit of sizing them up might be helpful

Who are the likely competing companies?

Given we are not testing they can only estimate, I’m self isolated and I can’t get a test to see if it’s safe for my kids to come home!

Offering a glimmer of hope, they are introducing a non contact drop off on doorsteps. Will home deliveries increase significantly as people isolate. Will they support the business to cover costs through this disaster?

“There money is as good as ours”, not at recent exchange rates! Lol

Unbelievably this is now the best performing share in my PF, ouch!

Strangely I am counting my blessings today to as I sold up my CINE holdings at a small loss after the outbreak. Wish I’d done the same for MCRO and AV. But I’d have been much worse off without having escaped CINE.

Thanks knuttie and muppet for clarification

A share buy back at the current SP would likely be welcomed by many PI’s, but in my view it’s very unlikely, any such scheme would need share holder approval, this may be rolling over in place as it often is in companies but I’m not aware that it is here. But even if it is I expect the company will remain focused on its vrfb investment plans and mine developments. This was a cash cow at high V prices not so just now so I won’t be expecting them to be splashing the cash.

Faramog, I have seen other take over targets where pI’s thought collectively they had the clout to see off low ball take overs, but when it comes to it resistance seems to dissipate at the last minute especially with all the new in for a quick buck supporters of the TO. Personally I think a TO at this time is unlikely as the potential buyers most likely have there hands full with current crisis anyway, also I think we could draw out any process to enable the current crisis time to run its course. After all we are a strong company in a strong position.

I’d love to buy more at this level, shame I’ve no spare cash! I’m full of indecision about selling some other shares locking in huge losses to add here! Sitting on my hands for now

Market in free fall, widespread panic sell off! I’m suffering here but confident of a turn around when some sense of normality returns. I’m actually more concerned about some of my main markets shares where companies have debts to service.

I feel for you knuttie, must be terrible being down to just £1.5m. There is no reason for us to be where we are now but this is AIM so it could go lower. The market loves a round number so I’m guessing 10p is worst case scenario. More likely we will bounce back from here, maybe on Q1 update.

Will this good news be enough to counter the expected general market crash today?

No Dubliner I’m Spartacus and so is my wife!

Min I think it’s a big assumption to believe all holdings disclosed. We had a Lordbyron who showed himself to be a complete fantasist a while back. Who knows what holding ppl have.

Good results, hope to see this move back to at least NAV. God knows I could do with something positive in my portfolio at the moment.

Wow! That’s a shocking assessment!

Jenks where is the money coming from to pay the divi if cinemas close for the virus?