Member Info for chique

Sp28 you have absolutely no idea what I am trying to do

We are all looking for new investments and sometimes have little time to go beyond a cursory look initially - WHICH I SAID!!
I am currently delving a bit deeper but don't let your ramp deramp paranoia get the better of you - I have heard this comment so many times merely because someone asks a question

All you need to do is man up and answer properly rather than be defensive because you hold a position

Ibizamatrix1998 - I will come to my own conclusions but thanks for the advice - I am just aware of companies keeping shareholders in la la land and therefore will do my own research

Hey tony - we share the last name are you scottish?

Sandy - been investing since 1989 my friend - I did say a cursory glance as I spotted a post in the chat window , if I were to consider investing I would spend considerably more time in research

|Only just looking here and after brief glance - Struggling to see value here - maybe I am missing something

Market Cap 562 million
Net assets 9.83 million
Revenue .93 million
Property plant and equipment 4.3 million
NAV per share .33p

Don't be too disheartened Allah , I have been around here since 2008 with only 1000 posts and have been investing since 1989 - posts do not make a good investor -

On the other hand it does provide an ever increasing return on capital , but this resets when the 7600 tons have been reached

Looking at the income based on taking 22% until 7600 tons have been produced and thereafter taking 11.41%

Taking into account that from this stream they make payments of 18% ( cobalt price ) until 300 million has been recovered ( being the upfront payment for the stream ) . The payment made after this will be 22%

This seems like a long time before we reach a situation where we have recovered the 300 million , all depends on Cobalt price and of course production levels but according to my calculations ( happy to be corrected ) it is well over 10 years.

Using available information from end of year , Simon Thomson , and Broker Jefferies estimate on cash and cash deposits long term , also the latest prices for the ownership of the 4 Nasdaq Companies they have shares in.

https://ether-assets.ams3.digitaloceanspaces.com/arix/Arix_Final_Annual-Report-2020.pdf?

CASH ( broker Jefferies estimate IC Simon T ) 185,000,000
NASDAQ STOCK IMRA , AUTL , HARP and LOGC prices as at 06/07/2021 54,000,000
Other Investments
ARTIOS ( broker Jefferies est IC Simon T ) 49,000,000
Amplyx 5,200,000
Quench Bio 8,900,000
STipe Therapeutics 2,100,000
Legacy Assets 6,800,000
Atox Bio 6,600,000
Aura 9,000,000

NAV Estimate 326,600,000
MARKET CAP 233,000,000

Interesting top up by CA to 25

me too bobby

cannot decide whether to wait a while here as they say figures inline with expectations , so still out

so many issues here trying to figure out why CA have increased their SH

IC Tip - reiterating timing delays in accounts - see below

IC ARTICLE SIMON THOMPSON 2ND JULY 2021
Contracts exchanged on former Homebase site in Walthamstow and build contract awarded.
Inland poised to sign a £41.9m contract with a major housing association.
Net debt cut 10 per cent to £133m and forecast to fall below £100m by September.
Full-year profit guidance maintained.
On first glance, an interim pre-tax loss of £5.8m on 30 per cent higher revenue of £78m looks a poor result from Inland Homes (INL:54p), a south-east England-focused housebuilder and brownfield land developer. However, there are timing issues that impacted the figures, the most significant of which was the delay in the receipt of a £4.5m asset management fee relating to planning consent at the former Homebase site in Walthamstow. The payment was received two weeks after Inland’s 31 March 2021 period end following receipt of planning consent for 583 units on the site, hence the delay.

More importantly, Inland has exchanged contracts to sell 355 private units for £116m on the site, split £27.5m for the land and a build contract of £88.5m. This takes the group’s partnership housing contract income forward order book to £140m. Inland is also at an advanced stage of negotiations with a major housing association to deliver the remaining homes on the inner-city site. The £41.9m contract is expected to be signed shortly. As the Walthomstow scheme and others progress, then Inland will receive further milestone payments under its asset light management contracts.

It’s worth noting, too, that Inland is set to receive £14m proceeds from the sale of 53 plots at its flagship Wilton Park development in Beaconsfield when that deal completes in September. There are a further 157 plots to sell on the site in addition to the refurbished former Ministry of Defence homes currently being marketed. Since the March half-year end, Inland has received £5.2m from the completed sales of eight refurbished houses. Inland’s first half loss also included a £1m impairment charge on the carrying value of the surplus investment properties and one commercial property on the Wilton Park site. The properties have been valued at £11.1m and the directors expect them to be sold within 12 months.

The cash inflows from both Inland’s 10,573 plot land bank and housing sales – the group has forward residential home sales of £39.1m and at an average selling price of £254,000 they are aimed at the affordable end of the market – explains why management guidance is unchanged for the full-year. Net debt declined 10 per cent to £133m in the first half and analysts at house broker Panmure Gordon expect it to be slashed to £98m by the 30 September 2021 year-end. They also pencil in a sharp recovery in pre-tax profits from £3.7m to £13.4m on 25 per cent higher revenue of £125m. On this basis, the shares are priced on a forward PE ratio of 12.

Hi fellow investors - Bought a few this morning

Thought those shares were an award oldtimer to CEOand FD

I actually made money on RENE Renueron

I traded in and out a few times

not so wado , IO just saw it in the all chat window like I do many others , but having looked it seems a bit like reneuron which I was in back in 2009

Lucky strike - feels cheap - what does that mean?

yes I agree , have seen it all from back in 2008 , they come at you from every angle - super duper research , the list of types is endless and as you say quite rightly that includes me too :-)

equally Stockready1 , you could be an imaginary topper upper and long term holder - who knows but you