Member Info for Dartron

Best thing I ever did was sell TXP. It is a perennial loser. I was a holder from about 2020 to 2023. Baay reminds me of the football manager who comes on after every match with his large floppy tie and his excuses because they lost.

Hope you make it up on TIG.

I came here to post that on my rounds tonight, I noticed that FIL also increased their CAPD holding by 5% to 10%.

I am noticing how many of the same stocks I have that Slater and FIL have. Though Slater had Loungers and I didnt, so he might have some spare cash to deploy. Slater runs a recovery fund (also a growth fund). The TIG holding seems to be in each of his funds, so its not just a recovery stock for him. His top 10 recovery stocks: (I have starred the ones I own).

* Franchise Brands PLC 5.3%

Serco Group PLC 4.2%

* Team Internet Group PLC 4.2%

STV Group PLC 4.2%

JTC PLC Ordinary Shares 4.1%

Foresight Group Holdings Ltd Ordinary Share 4.0%

Tesco PLC 3.9%

Future PLC 3.7%

Loungers PLC 3.4%

* Prudential PLC 3.2%

3rd RNS - FIL have actually increased from their original position to 5.33.

Some confusion over EBITDA and EBITA numbers in the post below.

From the RNS: "generated revenues of £51.5m, adjusted EBITDA of £12.1m and adjusted EBITA of £9.0m. As at 31 December 2023, Seatronics and J2 reported aggregated gross assets of £31.5m"

I would expect some synergies to come from this acquisition, and they have clearly taken out a competitor.

Yes your right, I keep forgetting this. I went on trading view and changed my SMA to a 5 SMA using hl (high low) I think this is close to the mid price. That is on about 84p right now. Dont forget, Tuesdays range was entirely below 80p.

Have to say it is encouraging that the price can support itself with out the company buying.

Another seller on that big drop comes forward:

Montanaro Asset Management Chair & Founder Charles Montanaro said: "While some assume that the summer months are a quieter time for stock markets, with fund managers escaping to sunnier destinations, this is not the case for us. After reducing our AIM exposure through the sale of YouGov [PLC] ...

I am still invested. But I saw a comment on the other chat board along the lines of 'what if they have cherry picked the best asset..'. I dont know, hard to like this at the moment.

No buy back RNS today. Interesting.

Zed, FYI Bill Gates - its just a charitable trust he has set up, that has investment managers. Much the same as the Welcome trust who recently increased - they are also charitable.

The Bill & Melinda Gates Foundation (BMGF)[a] is an American private foundation founded by Bill Gates and Melinda French Gates. Based in Seattle, Washington, it was launched in 2000 and is reported to be the third largest charitable foundation in the world, holding $69 billion in assets as of 2020

Thanks Rivaldo, these updates are useful.

Yeah I have been out for 6 months, it is just a glorified interest free loan to Dbay.

If you like small co's why not buy a legitimate investment trust, with better governance and most probably dividends.

I have been in a few of these stocks, there is no question we need cyber security. My experience on AIM is that none of them are profitable, and it requires investors to subsidise them in order to provide the service. If you are interested in Cyber, I would look further up the index into the F250 for example.

IF we take the subject matter out of this so called business, it is a people heavy consultancy that under bids for work and hence makes no profit, regardless of being in a much needed sector. Time for it to delist, I would say. That will panic most PI's out of their holdings and allow the BOD to take ownership for next to nothing. They could then liquidate it, and then legitimately do nothing.

Crazy to think that the 45p placing was in Jan 23. Price has never been above it since. On that basis, a new board is most welcome - though I suspect PB put a lot of effort in the last 2 years, it just needs a new look.

"I bet you they were feeling pretty confident yesterday"

That is the irony. There are no feelings in Quant trading. It would have been a case of "computer says short".

Did any one else notice that the sold the last asset to themselves?

The purchaser, NextPower UK ESG Fund, is a 10-year closed-ended private fund managed by NextEnergy Capital.

This fund is too difficult to really understand if every thing is ok. Stifle down grading this to a sell is concerning. On that basis I cant bring myself to buy any more.

World Quant increased their short up to 0.8% yesterday. Having done some research on WQ its hard to say what the rationale would be for this, Quant trading is supposed to be entirely model based, probability based, non discretionary. They may have even known about the acquisition when they increased, they are a global org with a lot of resources.

The group will report its half year results for the six months ended 31 October 2024 on Tuesday 10 December 2024.

I think the RNS is positive in general. JSE is entering a new phase where PB is not needed IMO. The board updates have the support of the major shareholder, and you have to assume they are the experts. More focus on stability, shareholder value rather than acquisitions is proffered for me. Its been a painful couple of years as an investor here.

Yes, I agree. Thanks.

Looks good

https://www.garvendesigngroup.com/

Interesting that they stopped buying as soon as the price broke 82p at 10.30. There obviously is some strategy to the buy back. Perhaps they didnt want to put the price up on themselves. i.e. less aggressive buying from now on.

Also interesting that the breakout was not facilitated by their buying.