Member Info for ChartaRex

Santorini's not supposed to be on the computer.

His mum's just come up from under the covers and told me :)

Rex

Completion may come early, or not. Why risk waiting at this price? Once the deal is done I expect a very quick re-rate above 40-45p at least.
Management have bought in at prices up to 30p.
This asset will be throwing money off for the next 17 years at least, to 2040.
Management know Africa - I'm confident other deals are in the pipeline.

That's why I'm still accumulating.
Rex

Courtesy of Telegraph Questor column in Feb 2021:

Should authorisation be granted, the financial as well as medical benefits should quickly be visible. Boxall said Polarean was already talking to hospitals with a view to making sales quickly. “It shouldn’t be difficult to sell,” he said. It helps that Polarean’s kit is relatively inexpensive next to the cost of the MRI scanner itself.

Spencer-Walsh added: “It’s obviously loss-making at the moment. Its broker forecasts profitability by 2025, then $167m (£119m) of sales in 2030 and profits of $60m. It expects 40pc annual growth in the early years, then 30pc by 2028-29. But it will be bought by then, possibly by Bracco Imaging of Italy, one of its biggest shareholders.

“My biggest fear is that it will be bought too soon. Depending on timing, it could fetch £500m-£1bn, against £194m now.”

Questor says: speculative buy
Ticker: POLX
Share price at close: 93p

So, a few points to note:
1. We now have authorisation.
2. Our sp is now HALF what it was 2 years ago. In other words, you can buy 'em on a 2 for 1 basis just now.
3. Approx 10p per share is cash.
4. We will probably be bought out at some point within the next 5 years.

I'm chillaxed about this. I'm also holding until such times as POLX is taken out. Who knows, we may even get a bidding war.....

Rex

Troublesome,

LOL!!!
Now that's funny :)

But it still doesn't answer my question..............................?
Rex

All,

If the settlement is confidential, then how on earth can you place a fair value/PE on this Company?
If you don't have ANY numbers to work with, then you have nothing to say what the sp should be!
It could be 2p or 1000p, but how can anyone know?

Licence Fees - Unknown
Royalties - Unknown
Settlement Amount - Unknown
"large European partner" - Unknown
Other partners - Unknown

I'm not just talking about the Samsung deal here!!!

Anyone?
Rex

Hey Rift,

Please don't encourage it to respond! This is such a nice board at the moment :)
Rex

Santorini,

"I couldnt log in with that profile so i made this one". Yep, you certainly are making it up. Lol!

You're completely out of your depth here. All the information is in the RNS's if you care to look at them.
I don't understand what your (very aggressive) issue is with AET? If your not invested here, what do you care??????

Methinks your not a sophisticated investor, just a troll out to cause trouble. You clearly have zero idea how the business world works. I'm happy to wait for confirmation - which will come in due course.

Rex

Nanonano,

Thanks for that. I think the figure being bandied around in the press - £400m - may be a bit on the light side. I think the press are focusing on the American case? If BT says he wants a worldwide settlement with Samsung, then surely it'll be considerably higher? I'm talking at least double that figure.

Interestingly, Samsung this morning announced a whopping 70% drop in profits this morning. I wonder if that's a tax dodge to help pay for our settlement :)

Rex

If Samsung have agreed a settlement in America, we can assume they'll also settle the China & Germany cases as well? If the higher £400m figure is applied, less 25% for the legal team, then we're looking at a figure of circa 90p - just for America.

China is Samsung's biggest market, so I would assume a larger settlement? Or have I got this wrong, and the settlement includes China?

None of this takes into account future worldwide licencing agreements & royalties. Nor does it include ongoing business with other customers.

I can't see how the sp will be below £2 or £3 in the near term.

Just my thoughts
Rex

Oh gawd!

Suspension or no suspension, there's literally NOTHING anyone on this board can do about it.
I strongly suggest you turn off your computer/phone/vibrator and come back next Friday. Then you'll know what happened to the share price!!

Chillax. What will be, will be.
Rex

Hi All,

Just bought a small amount of NANO today - hoping for a quick profit on the outcome of the case. If they win I'll take the profit and leave the principle invested for the long term.

Having read through recent posts, I have a feeling that NANO "demanded" a jury trial for one simple reason; to force SAMSUNG into a position where they'd rather pay up & strike a deal before the trial starts, rather than risk a jury trial and be found guilty, liable for excessive fines, compensation, interest & court costs. Samsung lost ALL the arguments at pre-trial. It's a routine legal tactic to apply pressure to your opponent to settle.

Secondly, I don't know how they'll value the losses, but my guess is a price of "x" amount per Samsung unit shipped since 201X?, plus compound interest and an annual licence fee.

Just my thoughts, but what do I know?
Anyway, good luck to all & fingers crossed for a huge win :)

Rex

Santorini.

Member of LSE since Nov 22 (yes, just 2 months).
Total of 3 posts since then.
ALL on AET.
All NEGATIVE.

So, what's your game?
Asking for a friend.
Rex

Aldebaran,

Just how big is your short.....?

Rex

OAPK20,
The final results to 31 Mar 22 weren't released until 30 Sep 22. By that logic you can expect the HY results to 30 Sep 22 by 31 Mar 23.

Who knows?
Rex

then we've only got to wait a maximum of another 6 days for news.

Just a thought :)
Rex

I've got a large pile of AET in my ISA and also a pile in POLX. This delay is purrfect for me. Once the FDA approval is hopefully given this month, I intend to sell up at a very nice profit and pump the lot in AET for a long term hold in my ISA. Happy days!

I know some of you are hurting/impatient, but by Jan/Feb I expect it'll all be behind us and we'll have had a significant re-rate. In my opinion, if you have any spare dosh, now is the time to grab some AET at a knock down price. We won't be trading this low again........!

Rex

All,
Sorry about that, but I hate the thought of people being ripped off and sold a pup & I'm sick of us small investors always being fleeced by these charlatans. Solid Companies with tangible assets is the only way forward - and that means GGP for me, amongst others :)
Rex

Rex

Hi DM, you're nearly 100% right in what you say - except about Bitcoin. It is a complete Ponzi, along with all the other crypto's. Bitcoin's USP is that only "x" number of coins are available, but these can be sub-divided to infinity, ie, you can own 0.000000000001 Bitcoin. They have ZERO tangible assets to back them up (ie. Gold, Property). Also, what's to stop them bringing out another coin, lets say "Son of Bitcoin", or Bitcoin2". ANYONE can create a crypto coin. The last time I looked, there were over TWO THOUSAND different coins out there being "traded" between fools & bigger fools. EVERY SINGLE ONE HAS ZERO VALUE.
Early movers got rich of the scheme, everyone else is left holding a very expensive "virtual nothing".
Just my opinion, but what do I know :)
Rex
PS. If anyone here is holding crypto, sell it before you lose the lot. That's not financial advice, because ponzi's aren't regulated & neither is crypto........ Think about that.
Rex

sajy,
Where EXACTLY are you getting your "info". You give the impression that you're very closely connected to the Company. It's not that I distrust anonymous posters on Bulletin Boards, but would you care to elaborate on how you're coming by all this "info"?
Thank you.
Rex
Rex

A bit harsh to Turds don't you think?
I trade some wine & chocolates for a pile of horse turds every year with a local farmer. I use it on my garden to grow carrots, leeks, onions, runner beans, cucumbers, kale, strawberries, tomatoes etc.

In summary: Turds have way more value than Crypto.
Rex