The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
This certainly starting to Cizzle!....can't buy now on Barcs
Just sprung back up.....3.09 to Buy
Some decent buys....and you can now sell for higher than you can buy.....looks like they want your shares......
That was a hugely impressive presentation and Q&A session with Clifford Gross........well worth catching up on if you missed it
Can anyone remember the adjective that Cliff/Rick used to describe Microsalt's potential in an interview last year? It was something like 'immeasurable' or 'infinite'.....it looks like he may be right!
It's good that we now know what the recent raise was for....which always goes down well with the Markets. I think the Board at TEK have done an extraordinary job. They have selected 4 University start-up projects out of the 1000's that are available: Lucyd is now listed on Nasdaq (we have 70% ownership) and have just lauched a new range of innovative smart eyewear, Belluscura is on the London Market (12% ownership) and have just announced an arrangement with GoodRx a marketing leader of medical devices in the US, Microsalt (97% ownership) whose potential is huge, are expanding in the US and have recently appointed Judith Batchelar OBE, former Director of Sainsburys, to expand the product in the UK and are anticipated to IPO in the near future, and Guident (100% ownership) who have just announced a partnership with global leader NovelSat in a market forecast to reach $41billion by 2028. Amazing achievements so far ..........and the Board have stated that the potential of each of these portfolio companies is $1billion......I certainly think it's worth staying for the ride.......
Why were you expecting much better Miles5? RNS of Dec 22 stated: 'The Company remains on track to deliver its full year production forecast of 1,900-1,950 boepd'. They have achieved 1898 boepd, despite having some equipment failures in H1, and production is increasing, with Dec 22 at 2221 boepd and 2 possible further wells (Corringham and Glentworth) to come in 2023 giving a forecast of 2000 boepd for 2023. They are also working with SSE on a geothermal project for Stoke-on-Trent and the funding news on Green Heat Network Fund Investment Committee is expected in the next few weeks.....and there's the lure of 630bcf per square mile of shale gas in their Gainsborough Trough prospect if the Gov. decides to do another U-turn on fracking! Excellent time to be invested here..........
New interview....Company increasingly cash generative and BM now talking about shareholder dividends (or share buybacks)
Excellent update - debt halved, production increasing, reserves increased
Is that right........I phoned twice in the last week....first time (last Friday) the receptionist said she forward the enquiry onto somebody who would know and would contact me shortly. Phoned again Monday and she remembered our conversation and confirmed Trading Update this week.
I contacted the Company and they definitely said it would be this week........
So it looks like Trading/Reserves update for the year to Dec 22 will be tomorrow or Friday..............with the high gas and oil price during the year the results should be pretty good.....
Getting over 8 to sell now........
For those that didn't see the Question Time episode (17/11/22), here's the link: https://www.bbc.co.uk/iplayer/episode/m001f8qf/question-time-2022-17112022
about 37 mins in........
Higher price to sell than to buy....looks like they want your shares. Is Ian Blackford's claim on Question Time about 3 months ago that 'MeyGen2 is just in the process of being green lit' about to come true.....?
Just contacted IGAS....they say the Trading/Reserves update is coming out this week but wouldn't commit to an exact date
....and it shows that IGAS has repaid another £2m of debt in the last 5 months (£8.1m as at 29 July 2022, £6.1m as at 31 Dec 2022).....impressive
It certainly is a positive…… shows strong faith in the Company’s prospects so perhaps the share price can move back up to where it should be….
Ask now at 5.5 but again NT for over £500 worth........
With a MCap of only £3m, anticipated positive EBITDA of £100K in 2022 results (up £400K from 2021) and targeting an EBITDA of £1.25m in 2025 this looks to be a decent prospect...........NT at the mo for anything over £500