Member Info for Crocqman

With the rule changes that fund houses now need to pay for research, coverage of a lot of small cap companies has all but disappeared, so I would not count on any research note any time soon from one of the big brokers.
The only likely source of research will be from an in-house broker, which I always tend to take with a pinch of salt, along with their SP targets.

At this stage, TGR seem to be doing a pretty good job themselves with regard to promotion. Plenty of good updates, lots in the pipeline, and the company seemingly operating well, making money and with potential for big expansion in the not too distant future.
Just need to turn some of these MOU's into quantifiable contracts with income/revenues, and hopefully we should see a real move in the SP.
Happy to sit and hold in the meantime
gla

Have been watching plenty of the Tour de France action over the past week.
Thoughts on the feasibility of a mobile AFC unit, or two going from stage to stage for the lead car, team cars, etc that follow the route daily?
They often finish at some pretty remote locations, often at high altitude, and the daily range needed for the cars is circa 200km.
I don't think there is great reach currently for charging stations in the more rural areas of France
The Tour is also on a commitment to increase sustainability and are using some hybrid and electric vehicles for the first time.

https://www.letour.fr/en/our-commitments/its-my-turn-im-taking-action/sustainable-mobility

I prefer to be honest about my investments on these boards, although I know some (many?) are not interested in these types of posts.
I have sold some AFC today as I am raising funds for a building project and this was the obvious choice for me to take some profits, having previously sold some AFC in the low 80's due to my holding exceeding my max target weight.
My holding was always intended to be a long term hold, but circumstances often change and the remaining balance will be.
With profits and half my original stake now taken out, I have a 10% weight here, which is a comfortable position in my portfolio.

I know it is a common theme on these boards when people sell, but I have absolutely zero intention of trying to buy back in at a cheaper price.
I am still well in profit with my remaining position (+200%) and will look for other opportunities as and when any further funds become available later in the year .
My decision to sell, and I still have a decent holding, so any future SP move/potential will benefit me, so not interested in the "mad to be selling at these prices" type replies.
Everyone has their own reasons for being here, strategy, risk, etc, so no one person is the same with regard to their decisions.
Apologies again if you are not interested in these types of posts, but I do not want to 'fess up to having sold in the future and appear a hypocrite for not saying so, and I'm also not trying to gloat at those who may be down currently.

I look forward to next news here, and hope to see this push higher in the near term. Getting back to a 500m mcap would be a good start, but volumes have been low of late, so some good news may be needed to give this a gentle push to get back there.
gla

English Language article is behind a pay wall, but France has become the first EU Country to adapt its highway code for self-drive cars.
Not a great deal of specific info, but rules and responsibilities will allow AI vehicles to operate in designated areas from September 2022.
The rules give a legal framework for using self-drive cars in France.

This includes guidance on drivers’ legal responsibilities when handing over control to self-drive cars and which emergency functions AI vehicles are allowed to perform automatically.

They also specify how much attention drivers should continue to pay to their surroundings while vehicles are operating independently.
Self-drive vehicles currently have the capacity to operate independently in some circumstances.

This includes functions such as the Automated Lane Keeping System, which can be activated in traffic jams on motorways in order for a vehicle to take over control of lane changes and forward motion speeds over long periods.

As AI vehicle technology is expected to develop rapidly in the next few years, the French highway code rules will also adapt.

Transport Minister Mr Djebbari said: “With this regulation we are moving one step closer to the future.

“Today we are giving industrial stakeholders and transport operators the visibility they need to develop AI vehicles, and to get them on the road.”

Hi ghin,
I would suggest having a look at the post history of Valuation-it-is (post prior to yours).
Just click on the user-name.
On page 2 there is a handy summary for newcomers (and anyone for a refresh) with plenty of links
Good luck

Just from a quick scan, it looks like they are changing to a fixed payment structure at certain and more tangible milestones, rather than a more variable structure at perhaps less predictable events within the project time table.
Feels that the new payment structure will allow them to potentially make payments at crucial stages of the project to coincide with any needs for fund raising, rather than make payments from existing cash and potentially orchestrating the need for a fund raise.
A benefit with a fixed payment schedule, and more flexibility to be pro-active to raise cash, rather than be re-active to the old schedule and have to raise in order to make a payment?

Just my take from a quick scan.
Perhaps a small change in the grand scheme of things, but management do like certainty when it comes to cash management, and this may (should) help with that. The new payment structure could also allow them to obtain alternative, and cheaper financing via different avenues due to the milestone requirements, such as the staged drawdown of a loan, for example when these milestones are hit.

Could be wide of the mark. Other views welcome. Seems a good and prudent move though
gla

My filter list keeps coming and going.
Only 10 mins for the first one to start sticking the boot in.
Watch them all follow
#Predictable

Not sure if posted already, but a couple of articles relating to the FCA approval this week.
Nice additional quote from RM in the 2nd article which also includes the Proactive interview which touches on the decommissioning of the Bitcoin jar - focus is on the card payments market for revenue and profitability.

https://bitcourier.co.uk/news/mode-app-fca-crypto-licence

https://www.cryptoglobe.com/latest/2021/06/bitcoin-and-open-banking-pioneer-mode-global-holdings-achieves-major-milestone/

Perhaps.
They do have their own in-house analysts/research folk though, and can access management if they want it.
Better access than the average PI can muster, and face to face meetings (or zoom) not to be sniffed at when assessing a company and management.
For many, direct bod investment will be a key factor too for considering investment

Not all Hedge funds are the same, just like not all funds, or II's, or even PI's are the same.
All have different strategies, different aims, goals, risk, time horizons and return requirements, so will all be looking at different things for their returns within their own particualr investment parameters.
AFC may not be on the radar of the majority, but they will certainly be on the radar of enough, and even a minority of those taking a stake could result in a strong base of committed LTH's.

There are plenty of small cap funds, green funds, and alternative energy funds out there, and plenty of investors with large pockets looking for something different.
Standing out from the crowd, having good management, a proven product and delivering will get plenty looking.
Some good broker/analyst coverage, management visibility and confirmed orders (main factor for me) is all that is needed to give this a push, imo.
As others have also said for a while now, I expect this will look a whole lot different at the end of this year.
Just compare AFC now to last year in terms of where the company, not just in terms of SP/mcap, but progress, visibility, etc
Happy to hold and await those first orders.
Good weekend all

AFourleafClover,
So long as you have dyor, have invested no more than you can afford to lose, and continue to re-evaluate your investment, then who is to judge you on your investment strategy?
Good luck to you here, and to all other investors, whatever your own strategies.
Mine is a long term hold. Happily in profit, and happy to wait for further (expected) returns.
gla

Calm down Amt, and just use the filter button.
I have, but seeing one side only of a 2-way conversation is just as annoying.

Disappointing SP action this week compared to news flow, but progress being made, and the SP will react positively in good time (imo).
Confirmation of OTCQB listing next week then?

Good weekend all

Good post Glengarth. Tks
I feel your suggested timeline for RR updates to be about right, and along with other opportunites mentioned, the company keeping pace with the growth potential is a good problem to have.
I still expect to see dips here in the short term, just as I expect to see sudden rises too, and with regard to investment needed to progress, I would not be too surprised to see a big investor/potential collaborator, or two looking to take a stake here in the not too distant future.
gla

Having taken some profits in the 150's like a few others, but are holding my balabce for the long term, I welcome any update from the company. And they have proven to be good and regular communicators thus far.
We receive regular news here and the company comes across as being well run, and with a clear focus.

Yes, some of the news today may have been known already, but in the context of the remainder of the update, was valid, imo.
I posted after the recent pull-back that I thought it would be years before any collaboration with RR resulted in meaningful production/sales, but can see it being sooner based on today's update (still not immediate though).

All good here for me, and I would say the company are progressing at a faster rate than I would have anticiapted.
Others will have their different opinion, of course.
If they are just releasing news to "Shore up the SP", then a level some 40% higher than it has been for the majority of the time it has been listed is fine with me until we see the 'meat on bones' numbers, contracts, etc.
Holding and enjoying being invested here
gla

Another excellent update.
They just keep coming here.
Hopefully, another good day ahead.
gla

I would thinnk the reason for the dropping of the bitcoin jar is most likely as Parkboy said on the other thread, it being a requirement from the regulator, most likely relating to Money Laundering Regs and Consumer Protection.

"Mode's subsidiary Fibermode Limited is now a Registered Cryptoasset firm, pursuant to the amended Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 ("MLRs") and is registered with the FCA (also known as AMLD5 registration). The AMLD5 registration is a requirement for businesses conducting cryptoasset activities in the UK which fall within the scope of the MLRs. "

It will be interesting to see if they reply to a request for clarification.

https://www.coindesk.com/bitcoin-regulation-uk

https://www.fca.org.uk/consumers/cryptoassets

Even a 10% MCAP of Tink would be the equivalent of a 160 SP here, assuming my maths is correct
Would take that as a short term target given MODE's strategy for the remainder of 2021
gla

Yes, another good bit of news today.
Just saw this on the website and wnodered if I had missed an RNS.

Note that this release also mentions that the THG group rollout will not start until the end of Q3 and will happen over 12 months, and not from July next week as some seem to have interpreted the prior release on this news. So, more like September.
All good though. and plenty of time to add some more partners.

gla

Indeed. Great news.
"Mode secures EMI licence and AMLD5 registration from FCA"
Should give this a lift today
gla

One to add to the list?
Going by my PrimaryBid notifications, there was a new company IPO'ing this week with a July listing date.
FutureBiogas Group

https://www.futurebiogas.com/

https://www.lse.co.uk/news/future-biogas-eyes-raising-gbp35-million-in-july-aim-float-w9e82759hjtu3ik.html