RE: Interims17 Feb 2023 20:49
We assess Taylor Partner on the following:
At 30.06.21 inception they held 62,904,555 shares. A holding of 21.06%
As of 2022 there was a placing which took shares from 298,692,094 to 338,211,384.
TP’s holding as result dropped to 18.60% without adding from the placing or reducing their holding.
At 16.09.22 they held 51,002,276 shares. A holding of 15.08%. A reduction of 3.52% or 11,902,279.
At 13.01.23 they held 33,280,000 shares. A holding of 9.84%. A reduction of 5.24% or 17,722,276.
Today 17.02.23 they held 18,830,000 shares. A holding of 5.57%. A reduction of 4.27% or 14,450,000.
Now it is fair to say that they will drop them below 3%, so the only important part is the decline to 2.99% or sales totalling 8,721,974 which they will need to declare MINIMUM. This will leave 10,108,026 under the radar, and with the way the price has held, then that 10.1m will be insignificant in the bigger picture.
Intelligence prevails that those that can read the market start buying into any small drop from this point on, as can be seen by the small to medium size buys after 10.36am today when the RNS was announced.
To use remarks like “struggle to stay afloat” “funding it requires” “TP still have 18m shares to dump” “massive, big fund raise” “significant dilution” “to me it looks pretty bleak” “if the company can survive” “looking very bumpy indeed”, with all fairness you get the picture this pretty smart cookie is trying to get into your head. Getting into the mindset of others is an art and takes a lot of practice. You must remember though the word, why?
What is the strength of remarks V facts and figures?
There might be a “massive, big fund raise” “significant dilution” OR there could be a number of other possibilities.
I leave you with a quote from Mark Taylor, Director of Taylor Partners Limited, commented on 03.12.21:
"I am delighted that working closely with Tony Burt and executive management we have navigated these Board changes which exemplify the professionalism and expertise of the Board. East Imperial is now perfectly placed to capitalise on its global growth opportunities."
So the obvious question to the smart cookies why the sells from TP? I would love to have your take on it. The floor is yours.