Member Info for Ctw2014

...of activity with some buys coming through and a small rise in SP.

Successful assessment of Genedrive enabling clinical trials of hepatitis test in Europe with a view to launch in 2017. Good progress.

£76k in amongst today's all buy trades so far.

Thanks Tonio. Good to see that there are a few others in here alive and kicking!

No other Investors on here?

Dissapointing to see the NAV reduced a bit but it's still way higher than the share price, and the strategic review seems pragmatic and focussed on reducing complexity and concentrating on value generating assets. Good to see the references to cost savings too. Looks like a solid basis for consolidating, simplifying, clarity for shareholders and sustainable growth. Dividend seems secure too.

Buying long term fuel security while prices are cheap sounds good and I can't imagine that the BOD will not be on the case but I doubt postponing the dividend will be necessary to do that with significant revenues/profit already coming through. That is just a gut view rather than a deeply researched one. In terms of the current quite low sp, the announcement of a maiden dividend would be a major and more obvious boost and having trailed the likelihood of such an announcement, postponement would do the opposite. I cannot personally see the Bod wanting to do that. Indeed, I am pretty sure they will want to foster market confidence that they do what they say they will do, and enhance the status of the company by moving into dividend paying territory, albeit at a modest level initially.

Apart from the dividend (which is still good despite the recent changes) I see this as a diversified play in the rapidly expanding alternative finance market which has the potential to get back into profit fairly rapidly. Recent juggling with complex financial restructuring, including a change of tack, has IMO knocked confidence and hit the share price, but as I see it, the underlying business case is still there and there is no obvious reason why the sp shouldn't recover to NAV or beyond (in the latter case based on prospective growth in revenues/profit). For what it's worth brokers have a target sp of 71p for this share. Final results should be out in March which will be an opportunity for the company to highlight progress and prospects, and move on from recent hiccups. Just my view for what it's worth.

Thanks for the comments guys. I was beginning to wonder if anyone else was here! It is a complex set up and I don't claim to understand it all either, but it is a growth sector and I hope this will turn the corner and eventually get back to something more in line with the expected NAV.

....on board Parkside. Great buy in price for you. Well done, and agree with what you say.

....of Q4 NAV due on Monday. Anyone else in here with a view on prospects?

According to my brokers website, on 6th Feb, Investec increased their target price on this from 140p to 150p. Also projected p/e for year ending 31/3/16 comes down to 10.8 from 18.2. Down to 7.5 the year following. Looks good to me and that's without additional projects, but DYOR etc

Yes Wizard. Half yearly report 1st December 2015 talks about introducing a dividend policy 'in the next few months' when the Gujarat plant is fully operational.

In a couple of weeks or so if my memory serves.

Thanks for posting. A good interview I think. If the Chinese place a decent order in March that would be big news. Given that they lose their exclusivity if they don't buy the minimum amount of marble they have contracted to buy, there must be a decent chance of that happening. Still looking good here in my view despite the dissapointing performance in 2015.

That was £191.25k of course!

Large delayed trade of £191.25 from close of play yesterday. I wonder if that has been having a negative impact on the sp while the order was being filled by the MMs?

We have been on a downward trend since the middle of last year whilst projects have come on stream, risk has reduced, and revenues/profit increased. Doesn't make any sense and once more people cotton on to the potential here the trend will reverse and we should break back through £1 easily in my view. Just a matter of time. I would be topping up at these prices if I had any spare cash.

...loading up in 25k chunks today

....couple of chunky buys this morning. Someone obviously sees some potential here in the longer term and is taking advantage of the current low sp.