Member Info for Dabbler1

We wait for the RNS and assay results. But we already know a lot of what we have. 10% of MRS. Narke ( currently valued at zero) but you never know. Loads and loads of nickel and magnetite. We know from previous assay results there are PGM group metals in Zeb. Soon we will know more, maybe just maybe someone already has a good idea.

Marineville, I know exactly what you mean. I will be content if we end up 20% today because I think another 40 or 50 % up day will follow soon.

I hope you’re right Yorkshireman but it’s concerning that after 15 months and considerable investment only 5,000 pet plans were active in the USA. Home market doing well though so hopefully that can subsidise the American side enough. I admit I wasn’t happy with the latest update because I fear we could go from having millions in the bank a few months ago to being millions in debt next year. A loan from the biggest shareholder had already been announced.

Also the article you quote is nothing but formulaic crap in my humble opinion. PVG don’t operate veterinary practices.

Mr Leeke seems to be single handedly buoying the share price here. But he bought most of his shares at a much higher price so he will no doubt be keen to average down. I still think that the American side of the business will burn cash for a while yet and as we have been warned there could be a cash raising later this year.

From my post below you can assume I’m a bit disappointed today. UK doing great but USA costing a fortune to get going and burning through our cash. Management obviously think there is a future with there but it’s going to cost a lot before they are proven right ( or wrong).

Next Thursday we should get an update on how things are going. I am hoping to see the total number of pets on plan numbering over 203,000 at December 2017. The number of pets on plan in the USA will no doubt make a big difference to the share price. I would say anything below 6,000 there would be dissapointing and anything over 8,000 would be encouraging. Good news from France could also provide a positive catalyst. Although today’s drop looks bad I don’t think it is really, as no one ( as far as we know) sold at anywhere near the official closing bid price.

I’m taking it as a positive. So far this year the bid has crept up or held firm just about every day. In the past I’ve seen one or two sells send the share price down nearly 10%. It seems as though someone has said they’ll buy as many as are available at the low 40’s level.

Obviously a long fuse on those fireworks. Still reckon they’ll go off sooner or later.

Can’t all be sells as price hardly moved reckon fireworks could be coming in the next few days.

Well according to one report ISAT’s share price has declined 43% since Goldman put them on their buy list. Now they’ve gone neutral. I have stated a few times over many months that I believe the dividend should be cut and debt paid down here. ISAT are still borrowing money to pay the dividend. This is tempting but as I don’t agree with the management policy I am holding off reinvesting for now.

This is a high growth business with a high profit margin but obviously it takes time and money to set up. The number of pets on plan has increased very consistently for over four years now. Pets on plan sept’13 26,000 Sept ‘14 40,000 Sept ‘15 79,000 Sept ‘16 139,000 Sept ‘17 188,000. So we will be passing the 200,000 mark about now and if momentum is maintained adding 1,000 pets or so every week. It’s a big IF but IF we crack the American market or even a small part of it and start to make profit there, the share price will be way higher than it is now. If we don’t we can just continue building our British and European business.

This has as good a chance as any of quadrupling. The share price was much higher before the American business was launched so as soon as the teething problems there are overcome we should fly. Today’s results haven’t gone down badly so I reckon it’s definitely worth holding these shares.

I think the possibility/probability of interest rates rising juxtaposed with ISAT’s debt is weighing on the share price. I just cannot understand why the board thinks it’s clever to borrow money at the rates they do and then pay it out as a dividend. They should cut the dividend and pay down the debt, but it would have been better if they hadn’t kept increasing the dividend in the first place.

Best not to read anything into trades after the bell.

In the spring on hopes for the American business, but I believe this drop will look ridiculous by next spring. Any positive news should make this fly. 33% growth from a year ago and still the price halves? The 'experts ' in the city will probably be taking of a takeover bid before long, I think this business might integrate nicely with a pet insurances' business or a group such as pets at home may have a sniff.

The ask is up! On zero reported buys.

Last week were surely agreed trades between a willing vendor and a willing purchaser. It's happened frequently, recently where the published trades have had the 'wrong ' effect on the share price.

Seemingly on very little. Can't have been what the institutional buyers were expecting when they paid 225p a share in the spring. Either there is something seriously wrong or there is a major re-rate coming soon. As I said before there is not a sensible correlation between the published trades and the share price, so it would appear that some activity is taking place that us mere mortals are not privy to.

For some reason there are buys that are not showing up here. If the trades were so one sided as they are shown the share price would have fallen more steeply. I've bought twice recently and neither purchase has appeared. I expect a holdings RNS shortly.