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Harold Braun has agreed to do a Revive only interview coming soon.
On the disconnect between TEK and the sum of the parts valuation, while i agree to some extent there are some reasons for this which need more attention.
I am not sure whether LUCY should be seen as an asset and a liability. They had a £6 million cash burn last year, and there access to alternative funding is extremely limited. Is Cliff going to extend TEKs gains to bail out his son?
Cliff's bonus. There are added costs in TEK such as Cliff's outsized pay packet which need to be deducted.
Cliff needs to make an appearance and provide clarity on the undervaluation and answer some important questions that investors have.
Guident NAV in TEK's mid 2023 report was $20 million. So given the strong trajectory since then i would guess something north of that now. Perhaps £20-25million. Fact that they are doing a private funding round now suggests they are confident that they can sell it.
I assume that quilver was referring to the LUCY share price TopCatz. In any case that didn't go up either.
While i think Micah Richards is potentially an astute move, i think people are wondering about the cash burn and when/if management are going to provide confidence to the market that they have a viable strategy to get to reduce it and then get to profitability.
Personally, i would be quite happy if LUCY disappeared tomorrow. Just a sentiment killer and a potential big black hole.
When you invest in Guident i feel that you are investing in Harald Braun. Even if you don't fully understand all the potential markets you are betting that Harald really knows what he is doing and is able to deliver on his connections in the industry.
There is so much volatile because it isn't very liquid.
To get a good idea of the future market outlook oakbloke knows his stuff. Also, this recent interview with CEO Rick Guiney:
https://www.lse.co.uk/media/SALT/rick-guiney-ceo-of-microsalt-explains-why-they-are-targeting-the-largest-food-b2b-manufacturers-66mp9ug6nr2vngy.html
In particular i think the slide on the pipeline and where customers sit within that, after about 9 minutes is particularly instructive.
What some people may not be aware of is Bob Rauker is the main guy in charge of product development. The company doesn't really exist without him. I feel the atmosphere on this message board has become so toxic. Really unpleasant.
Interesting background on the BELL- TMT takeover on Bloomberg.
https://www.bloomberg.com/news/articles/2024-03-07/uk-blank-check-company-s-cash-turns-it-from-buyer-to-target
Spells out how tough financing is with monetary policy so tight.