Member Info for Canary3

I wonder what company has given the contract to BATM.

'A leading provider of emergency connectivity services in North America (the "Customer") for its Edgility platform for edge computing. '

If they have multiple contracts across America this could go very well, also if they are a “big name’, its a massive endorsement for Edgility.

Personally i think once American investors get this news ( and if the contract is substantive), things could perk up.

GTC

Look up preemptive rights and observe the change from last year to this year.

It might stop you confirming how stupid you really are..

PS I posted the explanatory notes for the AGM for you to read and understand the last time you posted this nonsense.

Cleary you either can't read or you can read and have never done reading and comprehension at school.

GL as always

The board will be able to use 33% of present capital without a shareholder vote, providing that 14 is passed at the AGM, that number is a magnitude bigger than last years resolution.

However It is not within MM;s gift to use this facility without the backing of the board.

GTC- you do not understand this fully.

You should not be throwing stones as they used to say.

GL as always

Last bit on ASOS - quote from the telegraph article in relation to the 75 million shortfall.

'Michael Murray, Frasers’ chief executive and Ashley’s son-in-law, told Asos executives he had a solution and hastily convened a conference call with them on May 23.

In return for an additional 5pc stake in Asos, Frasers would invest immediately at the company’s prevailing share price. As part of this, closer cooperation was put forward by taking advantage of Frasers’ retail expertise.

Described as a “win-win” for both parties, the move would reassure other shareholders, staff, customers, credit insurers and suppliers. But this was not a takeover attempt, however, the Asos board was told.

The Asos board did not see it that way, however.

As stock markets closed on the evening of May 25, the company announced a £75m share placing with the option of a further £5m from retail investors. And as related parties, Holch Povlsen and Barker were in on the deal and fully signed up.'

Sorry it is the original 275 million that is costing 45 million in the next 6 months alone not the 75 million.

The other major shareholders were involved in the placing of 75 million with MA frozen out.

MA has his hands full at ASOS, interesting articles the telegraph, apparently Frasers offered cover the 75 million gap in funding after Bantry couldn’t get approval for the full 350 million asked for ( allegedly Elliot got involved as they are the chief backer of Bantry).

Frasers offered 75 million for another 5% of the company at the current share price at the time, but the board went ahead with the placing and didn’t tell Frasers what was going on.

They 75 million raised is costing 45 million in interest and fees.

Something dodgy going on

Frasers and MA will be fuming!!

Stay away from THG...

LOL

Well Qube allowed us to buy last week in the 50;s , i had a few tranches, 56 and change being the lowest, i was hoping that it would go to the low 50’s but it seems they stopped.

Now we are back at the low 60’s

I like the shorters, we all know that the SOTP is much higher than 60p , if they drive it back down into the low 50’s then i will oblige.

Rock8 your personal attacks on MM are getting very very tedious...you have done that to death.

One day perhaps you can have a chat with him face to face and let him know what you think of him then you can get some feedback from him, the AGM might be a good opportunity for you to get your message across to him personally.

GL to all as usual

I have bought a few more in advance of next weeks CMD, all in the 23.5 range, it seems to me that last week was a relatively large volume week, with the majority of the trades around the bid price. So willing buyer/s and a willing seller/s.

I increased my holding mainly because the award announcement , it seems to me that future growth will depend a fair bit on the success or otherwise of Edgility, the company has said the the two commercial contracts are going very well, and that they have a significant pipeline.

I think the award adds great value to client discussions, MSP - Today seems to be a very reputable organisation and their EXPO that they run yearly is sponsored by some good companies. So a very good endorsement IMO.

I am hoping that next week will provide an investor presentation that will provoke new interest in the market from II’s and HNW individuals, that will lead to some new entrants onto the share register.

They know loads and loads...and their computers know loads more than that..they even know that this is not Quindell

They also didn't call the SP into the 20’s when we were in the mid 30’s and call it go to 2 pounds when we were in the Apollo bid.

But of course i never remember your posts.

GL of course

Agreed and just for info

Ridge valley description Aldi

Legal name Carbonated Indian tonic flavour soft drink with sugar and sweetener

Fever Tree description

Carbonated Spring Water, Sugar, Acid: Citric Acid, Natural Flavours including Natural Quinine

My wife loves Fever tree and that is on the current cans. they don't use sweeteners thats one of the key reasons it is a huge brand.

Write something on a board and we should all believe it.

LOL

GLofcourse

Well DS was looking forward to working with the big cheese from Jeffries..that post was only a few months ago..

deals take time who knows what discussions are happening,

All l i think is that a number of companies that are in the nutrition business will be very happy to consider a deal with THG Nutrition as of course the divisions are now legally separated and there are numbers against the use of ingenuity.

IMO all will be well ..

GL

Apologies for feeding the trolls last night had a beer and a bit of time..I should know better..

Manifesto - what was the stock?

Small cap or Large cap?

@ LD- Of course it will be voted through, they will have consulted the major players and got the nod. IMO , if it doesn’t go though the BOARD is toast.

everyone here is thinking the worst, i think the best.

Say a conglomerate like Nestle P&g and so on...all customers and many have been for many years, think, i don't want Apollo to take over.

The BOARD says OK take a stake in THG say 15% , we think fair value for that is 1 billion dollars, they pay.

The SP will go stratospheric..

The company is worth at least 4 billion pounds as a SOFTP IMO, they will come and they will pay..

This is just me on the south coast with no contacts, sitting in my study ..so ignore it..

GL ta all

Emis - It seems you learn quickly...

Although I see it as great potential opportunity for the BOARD to take action on behalf of all shareholders.

Emis - you are correct in that the first 33% is allocated without the need for a shareholder vote

Then they can allocate another 33% of todays equity with a shareholder vote.

So 66% of todays equity will be available for the board to use subject as I said to a vote on the second 33%

This has been highlighted and discussed whats your point?

Although one poster thought i was posting rubbish until they realised they had no idea what they were talking about.

GL as always.

AH..i was indeed for Asos and Boo

I must go back to school...

Is a corker over 5 million followed by a 500.000..

FSE on another site posed his...Tip hat from me

Someone loves them !

May 31st 2023

We are excited to share that TMC, a global, integrated media company, has named #Edgility as a 2023 MSP Today Product of the Year Award winner! We are honored by this recognition that Edgility is an industry-leading Edge Computing solutionץ Learn more hxxps://eu1.hubs.ly/H03XX0t0

hTTps://www.msptoday.com/topics/msp-today/articles/455920-winners-2023-msp-today-product-the-year-awards.htm

hTTps://edgilityos.com/the-solut

Jus out of Interest Ste2000

What would you have them do on the IR front, i looked at his he other day, they do he same type of RNS’s as other 2 billion turnover companies on the Ftse.

We also get the various updates by MM and staff on linked in, the company has said a number of times that linked in is a legitimate source of information for investors.

I think we get more information from inside the company than say National express shareholders.

not taking the proverbial just not seeing what you are.

GL