Member Info for Couerdelion

There is also an Investor meet interview with Tony here

https://www.investormeetcompany.com/meetings/appointment-of-ceo

The current SP is a good entry point. I can't guarantee it is the best one so you might want to consider buying in stages. And I would not stop buying if the price starts climbing again - Even 6-7p is too cheap imo

There's a lot of information in that RNS so take your time to digest. New CEO, ASX listing early 2025, CEOL, PFS then a look forward to work in 2025.

I'm happy enough with the update but we'll just have to wait to see what the market thinks.

I'd agree. $15k for Vortech and $1k for IE reports - all their public disclosures have used $. The figures don't quite tie in with their first update but perhaps we can put this down to some of those Vortech reported as sales rather than revenue. With a simple extrapolation of growth, the revenue would be covering $1.5m annual revenue within the first half of 2025 after which any growth is pure profit. Melissa spoke of becoming profitably by May 2025 which is useful benchmark for my back of the envelope calculations.

For a forward valuation method, you can plug in any choice of revenue growth and discount rate to produce a valuation of your choice but I think my 48-240p range is sufficiently wide to cover most realistic scenarios and perhaps the lower end of the range is a little pessimistic.

I suspect I will be adding a little something to my modest holding here when funds allow. I'd expect a series of step ups in ratings as further updates are provided.

Back to the pre-results SP. I'm not sure what triggered today's sell off but it looks like we'll have to be more patient before the SP starts to reflect the results.

There looks to be some steady buying here which might be linked to momentum but that itself will only help to raise the profile for others who get to set the potential value here. I'm not even sure if the SP has found the next resistance level yet.

Possibly it was a director deal but I'd not read all that much into it. The share will bounce around this level until it breaks through this resistance level which it will do in time. Until it does, the traders will happily trade between the level and we'll see it bounce around for a bit but really this is all just noise. Most of us are happy enough to sit on what we have and wait for the price to shift up a level when it is ready - which it will probably do this year.

Nothing in the podcast that makes me think better for the SP. The BELL story is now of little interest to TEK investors and LUCY also is of limited interest. It just adds to the idea that Cliff is viewing things from a different metric to PIs and all the talk of how the investee companies are performing is interesting to him but it does not answer the question of how much of the gains will flow to shareholders if the Board and management can award themselves shares.

For me, TEK remains a very questionable investments because of the governance risk. If you like the investments, you are probably better off buying them directly.

In your situation I would check with your bank (broker) before making any trades (buy or sell).

If Vortechs are £15k each this makes the IE reports around $600 a pop which sounds quite low and makes the month on month growth quite low - I'm solving for $121k = 4 x V + 81 x IE, using this to generate revenue for V = 4, IE = 114 then dividing by the number of working days for a daily revenue estimate.

Where does the £15k figure come from?

Daily fluctuations can be worrying but I'm one of those who've flagged MKS as a long term investment for whom the day to day movements are just market noise. Maintain a core holding and sit on that, but with an eye to perhaps trading around the edges when the price is a bit more generous if the opportunity arises.

Perhaps the one key rule I would have is to hold the shares when any results are due.

Those are all calendar years, I presume.

Doesn't materially change my view of the company, and anyway they are likely to take a more prudent view for public disclosures - the market punishes underperformers more than it rewards overperformers. But profitability within a year of launch is as good a sign that you would want for a company that can start to trade on large multiples if the business is still growing but the costs base largely fixed.

Is there a link to the interview?

I wonder how many people get confused tomorrow by the unexpected price increase. Is there a danger that they mistake this for a profit and sell down some of their holding?

You're missing the point that the SALT holding will be free to trade in Q1 and a fair amount of the costs are now in GNIP. It seems almost inconceivable that they won't have a source the cash to take Guident to IPO during 2025.

I was rather expecting some to notice that all of the "warning signs" were broadly identical. To criticise an AI tool for its inability to identify nuance in financial results is perhaps expecting too much from our silicon friends. But the good thing at least is that it is learning all the time. For now it is silent on the modular strategy of JLP but give it a month or two and it may have a view.

Of course the AI doesn't know what it is saying - large language models simply construct sentences based on inputs - so the challenge is understand whether there was any merit on those views. The question is perhaps more important how it compares to other stock analyst tools.

Have you accounted for the new shares created as part of the ASX listing?

RNS has the share consolidation happening COP tomorrow.

It's hard for me to get too upset with people taking a quick profit. What are markets for if not to find a "fair" price for a stock and if the price can't breach the resistance levels that's as much because there isn't enough demand to pay above them. For the value investors it's frustrating but some of this is annoyance that the share price doesn't continue to rise but this is misreading the pricing dynamics - some of the drivers of the increase in SP are not real investors, just people looking to make a quick return.

I see the new "AI" feature of msn money has identified a few risk factors for JLP

- Underperforms in covering short term obligations

- Underperforms in covering short term obligations vs peers

- Underperforms peers in covering obligations with the most liquid assets

There appears to be a common theme here.

It's about time. And I don't think it would be presumptuous to expect further upgrades in the coming weeks. Much as I was pleased to see the market giving some credit for last week's results, we're still 10% below the price at which I would be looking to bank any profits.

In other news, the microsoft sharenews now comes with some AI analysis. I'll stick my neck out here any say that it's not too bad.

He comes across as being very close to the operational side of things, which is fine enough. But I would have hoped for a little something financial from a CFO. Short term the Broker note, ASX listing, then beyond to the larger scale funding arrangements that would get the business generating money.

This sounds niggly but we've never really had any problems on the operational side of things as they've made consistent progress on this throughout 2024 and largely done what they've said they'd do. Another tick on the list which in normal circumstances would have seen the market nicely re-rate.

I wonder why someone who claims they would never buy the share would spend so much time commenting on it. I'm actually quite relaxed hosting the odd troll on this board because you're taking such a hit with the spread that a trading strategy is going to have a very poor risk return trade off. However the mask is too transparent.