Hi Seaman, Yes i don't have any less confidence in the company, just think the communication could be a bit better. They have improved that side a bit with frequent updates. But they should really make it clear to investors that they are committed to good investor relations. They should have given a new interview date immediately after they cancelled the previous one in my view.
If anyone from TEK reads this, i think it would be good to do that interview that was cancelled a couple of weeks ago. This would update investors and potential investors, especially given that he hasn't done one for a long time.
RE: TEK raises have been at a premium in the past.26 May 2022 14:08
Hi Weathergeek, I agree that some of your points are valid, but i find this idea that you can raise £2million at 35p when the marginal buyer is at 29p quite fanciful.
RE: TEK raises have been at a premium in the past.25 May 2022 14:38
This will be forgotten pretty soon. A small raise a little below the SP. The raises are getting smaller and this may be the last one. I expect by next year we will have divested some of our companies and we will have moved closer to profitability. Should be an interesting interview with Cliff.
I am coming to the point of view that TEK is the best safe haven to be in at the moment. Seems to be largely disconnected to the wider market, both when it was going up the last 5 years and now when it is going down. Also, is greatly undervalued which makes it a tremendous long term investment.
I feel like this is an important day for TEK. I was worried somewhat that more and more money would be poured into Guident and it wouldn't get a foothold. Now that it has been awarded this contract it clears the way for more contracts in other states and other countries. The partnerships with other impressive companies in the space is also reassuring. Guident was my last doubt about TEK. Now, amazingly all 4 startups are succeeding which is an incredible success rate.
TEK would be at 100p by now if the wider market wasn't in this bear market. I am not worried about the Lucyd IPO being delayed or the results slightly later than we expected. The key takeaway is that the company is growing incredibly quickly and is greatly undervalued.
I am not worried about short term obstacles, as i am sure some will arise at some point. I am not looking to trade this stock. I am a long term investor and believe the real ramp up phase is still to come.
Giancotti, I expect they are quite busy now. They usually do interviews following the results being released, so i am sure the Lucyd IPO will be clarified then. Not a big deal for me though.
I am guessing they saw the 'meltdown' yesterday and got cold feet. I was half expecting it to be pulled after yesterday. I guess we will get more clarity when the full results are released this week.
Tekcapital see themselves as an early stage portfolio company which brings IP to market. Once those companies IPO or are bought out the intention is to divest and move on to the next project.
Having said that they are not going to dump 15% of the stock into the market at one time. We already know how illiquid BELL is given the BID ASK spread. They have smart people who know how to do it. They will probably do it over the span of a year or so.
Investors have the option to buy into BELL with the special dividend if they wish.
Yes, China looks like a mega market. Rapidly growing elderly population and likely to go through covid problems which they have largely escaped until now.
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