Member Info for Ctw2014

I always thought it was odd that the investment was being made directly by a firm of financial advisers. Investment via a fund (no doubt comprising clients’ money) makes much more sense. All looking good.

It’s ticking up nicely on small buys, which is a good sign, but I am not seeing 12%. Also optimistic. Plenty to like despite previous dreadful shortcomings. Good turn around play imo.

It’s not unprecedented. Last year they came out on 6th June. They have until 30th June to publish. I agree that they are probably waiting for tranche 2 so that they can confirm receipt and talk about that at the same time.

KC has made it pretty clear that offtskes are likely to drop soon after the DFS comes out.

Good on Trump. We need shot of Milliband and his crazy policies.

Our 100k buyer is still around. Dangoor still adding?

It does look like a good turnaround opportunity

Do I detect a smidgeon of sarcasm creeping into the board? Can’t think why, given the huge amount of work the wonderful Directors of this outstanding fund have been doing over the past year. It’s been an absolute blizzard of activity. It’s hard to keep up with all the news and developments.

I may be wrong but having published when the two tranches are to be issued, I doubt they will do separate RNSs simply to confirm they have been received. Final results and/or other news could drop any day though.

A good day. Nice to see this hold after such a sharp rise. Bodes well.

Whilst the scale of the premium paid might well have raised eyebrows, including mine (in a very positive way) you only need to wind the clock back 3 years or so to see that the company was trading well above 20p for significant periods, notwithstanding that financial success was then much further away. The implied company value/market cap at 20p is not at all outlandish in my opinion, given its prospects and likely current transition into profit.

Oh, and I don’t think there is any negativity to wipe out! Lol

I doubt very much if he will do an interview just about this investment. He will almost certainly sweep it up in a wider ranging interview post results imo. He made it clear in a recent interview (I think with Zak Mir but I may be wrong) that they are incredibly busy and only saying what they have to at the moment.

Michael does do interviews and will probably do one when the results are out, or before if there is something significant to announce that can’t wait, imo.

Agreed, entirely possible, likely even. IMO only. Not advice to anyone obviously.

And to clarify, I would not be surprised to see that the company was at least breaking even on a current basis by the end 2024.

Yes, should be at least breakeven in H1 2025 imo, possibly into profit.

Another reminder:

Operating loss H1 2023 £800,000

Operating loss H2 2024 £400,000

Operating loss Q2 2024 just £50,000.

According to Interims issued in Sept 2024.

Just caught up with today’s news having been out and offline all day.

I am a long term investor here having held for more years than I care to remember and averaged down several times during that time.

I have always believed that this would eventually come good and it’s great to see a major investment like this. Whilst I am not surprised that they have been able to raise at a premium (they did so at a 67% premium last year) I am blown away at the scale of the premium this time! It is quite clear that the investor thinks the company is substantially undervalued and I certainly agree with that assessment. Today’s rise is just the start in my opinion.

Should be getting the above very soon, as promised in the recent extremely upbeat interview with Zac Mir. Can’t wait. Should be a good one.

This could produce a major boost in my opinion. A £1.4 m market cap is ridiculously cheap for a company with revenues of over £4m and on the brink of breakeven. Just my opinion. DYOR etc.