Member Info for Couerdelion

A few decent early buys today. That signals a good deal of confidence and very positive for the SP today.

You could always buy oil stocks.

To summarise, big discount to NAV but worth practically nothing to investors unless there is some evidence that TEK can monetise those assets which, to date, it has not done. GDNT IPO should be a catalyst for a rerate but is likely to be the last chance for the company to demonstrate that it can generate returns for investors. The alternative is a slow erosion of shareholder value as assets are sold off to cover costs.

The other big positive that I would take from this is that the market accepted around 4% of the total shares with only a modest dip in SP which tells me that there are plenty of willing buyers out there. It's hardly surprising with so many shares out there acquired for 5p - with a 6p warrant - that there will be some profit-taking ahead of the CEOL announcement. I also embarked on a small "derisking" exercise as the SP jumped in the first weeks of this year but was happy to reinvest at these deflated prices which I don't expect we will see for much longer.

No need to try to hit the bottom here. All these prices are good value.

That's fine by me. I bought back all the shares I sold a couple of weeks ago at over 10.5p.

If you've bought the shares for income, does it really matter if you make capital losses? You'd simply hold them for more dividends as the yield is even higher than when you bought them. Of course people would prefer capital gains as it gives them more options if they wish to trade a bit. But the way I view these shares is as a sort of interest bearing account where falling prices just makes it a better value deal while capital gains from investment or divestment is nothing more than a function of my buying and selling prices.

DM, can you perhaps remove some of the spaces when you copy-paste text? Arguments hold together better if they are short and concise.

More more work = Lots more work? That's what I want to know.

All looking good for the next few weeks. I can see us trading north of 600p quite soon.

Have we broken through a local resistance level around 55-56p? We're about a day or so away from seeing the 50d EMA pass the 200d EMA which is apparently a good sign.

How is this showing 8.35p as being only 2.6% down on the day?

I can only see an adj EBITDA guidance of £4.5m in this RNS but with £40m revenue it could be closer to £6m.

Either way, 8x with the lower figure still gives an SP of 9.3p so there's plenty to look forward to here.

Probably not one for the "locals" as we would spend months arguing about the details in this little performance while the stock price kept rising ;-)

Nice to see we've broken 4.6p today. Nearly time for me to bank a little more profit.

I guess the sellers are "holding it down". But I think we are due to step up another level quite soon - possibly later today.

I think this has more legs. I may take another slice of profits around the 460p level but I don't expect that to be the 2026 market top and I still like to keep a little as a longer term bet.

If only someone had posted this an hour ago....

That £1m drop in revenue was already covered in the 15 December trading update. This one largely confirmed what they had said at that point but gives a little more detail on some of the new contracts.

The response was neither supportive or unsupportive. Chris did not commit to anything until they had assessed their various opportunities and would provide more detail on their capital plans in a couple of months.

So 4 out of 5 core holdings will be listed? Does the unlisted one have a name?