Member Info for Dartron

I have sold a business over the ask, but it is rare. Dont watch TV.

I dont agree Tennent's. Bosch have stated that they will sell, and that is what they will do. The price is not going to rerate until after this deal is done. As I touched upon, until we see where they are going, and who is backing Ceres the price is not going to rerate. Maybe they can get a little more than 70p, but im not optimistic. Have you ever offered over the ask price for something? A company like Bosch, has already realised the losses, and will just offset paper losses against other activities. Bosch are not a trading outfit. I think you misunderstand how investment within companies and accounting practices work.

Echo's of the Zytronic interview. There was no plan for growth ..and the ceo was not someone I though credible to deliver it.

@Stas, im long Spread bet, ISA, and Pension. But yes I borrowed money from my income pf to make a quick gain yesterday. This has taken down my book cost in ISa to 70p. Painful.

One other point, I think they need to issue some sort of RNS. The price is going to drop until they do. I would imagine Bosch will be using a broker to effectively place the shares. I wonder what appetite there is. This is another reason why Ceres should buy 1/3. If they can get this away at 70p, then I think the price will rally. Shorts need approx. 2M to cover. So with my idea they need to find a home for approx 20M shares ~ £15M. Sounds more than possible. Frankly im surprised this isn't done already. I think some of the growth capital funds should be looking at this, £3M or so is nothing for the potential upside / nothing if it flops either.

Shorts have done well here, the 2 notified positions were taken out at over 100% to the current share price. Qube seem to be trending downward from a disclosed position. The trouble is the market is so weak right now, they have no need to hurry to buy these back. I would not go by the transactions printed here, many are inter dealer especially the large ones.

Having given this some thought, there are 33M shares that need a new home. I would like to see Ceres buy 10M of these at a cost of £7M. I think they can afford this, and if ever they do need to issue shares in the future, they could either hold these in treasury or issue at a higher price. I think this would send the most bullish statement possible to the market, more than a director buy. Since they have £100M cash, £7 seems affordable. There is a good chance that the shorts will tender for the shares from Bosch to cover this. I cant really see much more down side for shorts, given the asymetric risk. This one is done I would say. Shorts are destroying this market, and the woes are not limited to Ceres, Hydrogen or even non profitable companies.

I told you this was a pile of crap. No one wants to invest in this nonsense, so you might as well give up the pumping. Say hi to Bluerill.

They cant sell DIS now, as they wouldn't have the revenue to carry on. Cant sell your best player...

Its flying today, high volume and up 5%.

I liquidated 20% of my income pf. Threw it in here at 51.3, sold it back in to the close. It has paid back 1/3 of my losses.

GGG is right on the valuation. I doubt this hits 60p soon. As I said before, the AGM in 1 month will be very telling, as to whether BOD stand, and whether Kestrel vote them in. I too think they should scrap the dividend.

I would say valuation is the main reason to buy. PE could realise a 30% uplift in very short order. When you think the main problem now is valuation due to the LSE and short selling, I think the main reason to buy is valuation as it is easy to fix.

Most stocks valuations are being driven by about 2 or 3% of the shares. Ridiculous.

I had a faller like this recently (IOM) The manipulation went on for about 2 weeks, but when the volume goes quiet, time to load up. It rebounded 20% on 2 subsequent days 33p to 46p. Im sure its shorts closing. I sold some at 46, and got them back at 40p today on the shakeout. Throughout all of this, nothing from company, so story still the same at 33p, 46p now 40p. The manipulation looks very similar.

This is the predator CEO complaining about the market makers. I dont 100% agree with him - no smoke without fire, but the manipulation he calls out is correct.

Https://youtu.be/qWv_LnX1EqM

They have completely exited by the looks of it. Quite interesting I think:

Millennium International Management LP 0.00% 28 Feb 2025

Millennium International Management LP 0.63% 27 Feb 2025

Millennium International Management LP 0.55% 26 Feb 2025

YouGov PLC appears “vulnerable” to a bid approach after a mixed interim update coincided with news that its chief executive had been ousted, analysts have said.

...

“Valuation is the main attraction and the company seems vulnerable to a potential approach.”

Deutsche Bank reiterated a ‘buy’ rating in the meantime, though cut its share price target from 790p to 670p.

https://www.proactiveinvestors.co.uk/companies/news/1067325/lbg-media-brings-non-board-ex-jd-sports-cfo-neil-greenhalgh-as-part-of-growth-push-1067325.html

Form from Goldman, they reduced their short yesterday. That was what drove it up to 70p, you can see from the buys disclosed. If they were short, safe to assume others were too. The google adds story was well known, and probably scuppered the deal.

Yesterday was a short attack plain and simple.

Fascinating company, with a mission to charitably provide video editing software, below its cost of development.

While further enriching the prospects of a few 'board members'.

Who wants to support a good cause for the next 12 months.

New mouths to feed:

Anne de Kerckhove joined the Board

Youri Hazanov joined the Board

Nick Lisher joined the Board

Nick Lisher joined elevate.io as a consultant from the start of 2025

29th Feb 2024 7:00 am RNS Placing to raise approximately £1.05 million

8th Dec 2021 7:00 am RNS Placing to raise £8 million

29th Nov 2019 7:00 am RNS Placing to raise approximately £5.54 million

4th Jun 2018 7:00 am RNS Placing to raise £5.75 million and notice of GM

Last years AGM was Thursday, 18 April so not long to wait. BOD will be under immense pressure.

Definitely worth holding until the AGM and see what occurs. Perhaps even a strategic revue?

GGG, Goldman had 1.5% short here last week. So I think you can rule out suspicious trading activity. The story about the google adds was all over the internet (i wondered why they went short). I would say short attack today, all those trades of 2, maybe Goldman kept going. I bought a few. Kestrel will have veto on most things when put to a vote, so buy backs and dividends and BOD election ect will be up to them. Not sure when the AGM is.

Kestrel need to manoeuvre themselves out of this now. They have been invested for over 10 years. Would it make sense for them to buy TIG, and try to extract some value. I bought sub 60p on this basis.

Added to my long. average 3.42. Shame had TIG got their buy out today I would have added real shares in my SIPP. Still have plenty of dry powder here. Either the shorts know something (just like TIG) or this will snap back. Pays your money...