Member Info for Dartron

Unhooked are you following TIG. This is exactly what is happening there, biz is cash generative. Delisting for a price of 125p, but its optional. So large holder 29% wont sell his shares, then its owned by private vehicle. KErrching.

Remember EQLS got extend half a dozen times. They could do this to monitor the progress of the business and legal case.

I wonder how much the legal case makes a difference? If they got their money back for Shinez vs nothing back.

If this website detects the need to star out some of your post it will all become lower case. Very annoying.

Interesting that Zytronic did a buy back because they had no vision. The MD was just waiting for the market to come back.

Old tech on the website. Low capex spend.. History rhymes...

Long at 352.3

Share price target = valuation x multiple.

In the good times, the multiple increases. Today is the bad times. AIM index at a 15 month low. ergo valuations at a 15 month low. Net outflows from forced sellers, so you go short and profit.

ps, im not short.

Stumpy, Taking the trade you have options. You are no longer on the side-lines, regardless of outcome.

perhaps as a last word, let Jesse Livermore have it - "When I have opinions, I have to back those with money".

SB, I wasn't going to post this here, but I think you should listen to this interview about Zytronic. I think there are so many similarities. Iv skipped to the pertinent part. https://youtu.be/3iY_AiqNts8?t=1960

@Stumpy, im not certain what's going to happen. I could have held it at 3.50 for 4 weeks if needed. But my own account and strategy, ill take 7 points and walk away. I have so many other shorted stocks they all behave the same. I just book that profit and if need be, take a loss elsewhere. I guess I am spread - spread - betting. There all good companies, I have no worries holding : NFG, AT., AMS, YOU, CWR, but the way the traders on the other side behave, you have to take the volatility, if you want to make money. As I said before, I have a pension where I hold YOU and do not consider trading it. Rather than make price predictions, My pension prediction is that one day YOU will sell for more than it does now. Whether it goes to 320 first I couldn't give a monkeys on the pension, but the SB ill buy every bounce I can.

Although Mills would probably bloc unless there was a decent price on offer and that ain't going to happen any time soon

That is why I sold, plus the companies lack of growth. Just so many better co's to buy.

Perhaps Mills realises he is stuck with it too, though he seems way too lenient to Bains.

Do you mean delist? I guess he could vote it though.

That is my one worry with AIM stocks, I have a few that could delist. Instant capital destruction.

Mills is in on the delisting over at AssetCo. A stock everyone says is wonderful,, but the valuable part is being delisted. My understanding was that I cannot hold it in a SIPP if it de-lists, so I had to sell. Mills owns 29%. I honestly think once it is delisted they will need a raise for the other part. Madness.

Info taken from RNS releases.

Founder owns 15.7% (now non executive director)

Flag ship data centre (Maidenhead) owned outright freehold.

- Upgraded with solar panels (ESG)

https://www.iomart.com/updates/maidenhead-data-centre-solar-panels

Last 4 acquisitions are pivoting towards services rather than data centres :

----------------------------------------------------------------------------------------------------

24 acquisitions in the last 14 years of varying size. The average revenue across these 24 acquisitions was around £4m, with the largest being the August 2022 acquisition of Concepta which had around £10m of revenue.

Extrinsica, acquired on 5 June 2023, was a significant strategic step providing iomart with deep Microsoft Azure (Microsoft public cloud domain). (on-premise, private cloud or public cloud).

Accesspoint, acquired on 5 December 2023, provides a suite of managed and hosted services including infrastructure hosting, software licensing, security management, business continuity services and communications provisioning focused on the legal sector. This acquisition provides iomart with deep industry expertise and a highly capable team with a strong reputation within the legal sector. ORIIUM is a channel only IT service provider specialising in data management solutions. working with value added resellers. strengthens iomart's indirect sales channel capabilities. 45 technical engineers joining the Group. Pavilion IT is a provider of cloud and hybrid infrastructure solutions and support services. legal and accounting professional services sector. Concepta had revenues of c. £10m and EBITDA (pre-exceptional items) of c. £1.6m for the year ended 31 March 2022.

Atech (£57M) is one the UK's most highly accredited Microsoft Solutions Partners and the combination of the two businesses creates a powerful extended set of offerings for mid-market customers, cementing the Group's position as a leading 'Microsoft First' solutions provider in the UK. Positions iomart Group in the highest growth areas of the cloud computing market: modern workplace, public cloud Azure infrastructure and security managed services, in line with the Group's stated acquisitive growth strategy.

Atech also provides off shoring as has sites in India and Poland. Atech has 150 people with a total of 128 different MS certifications. To achieve such credentials required significant investment in Microsoft skills and sustained growth over several years.

Aim index hits a 15 month low today.

If every company is now 5% to 10% cheaper than it was 4 weeks ago, why would you buy this?

What about companies growing earnings, innovating new products, strong leadership, paying dividends, buying stock...

Ok, there is a small limp carrot being talked about, but most stocks have talk of carrots.

If Chris Mills wants to show how great an activist he is (Re: his new activist fund Achilles for alt's) then come and put this dog out of its misery, or maybe he bought a pup.

Had a morning meeting, so set a limit, and it got hit at 3.57. Out for now.

I really think a sale is the outcome here. Its wam bam thankyou mam, meaning that they have done the placing on the market, taken the capital, bought a business. No need to be here any more with all these nosey investors scrutinising them. Time to restructure the business, and who knows we may see it again the public markets at some point.

The talk of the us listing was to bolster the share price, just like when they moved from Setsqx to Sets. BI think they knew this lull was coming. But back to more pressing matters, it would make sense for shorts to cover somewhat before results, so might see a gradual rise over next 4 weeks.

Taken some long at 3.50

Stumpy you cant predict the future any more than the rest of us.

Lots of AIM stocks are down bad recently. I am trading 4 shorted stocks, all have reached a new low this week. Fortunately I sold YOU around £4. So I have the chance to buy back. I really need another to rise first, as I cant take any more leverage way things are going. I still hold You in my pension, but I don't trade there. Its not a tree shake, or TA move, its the index selling off. Also March is historically a bad month for AIM and small caps due to the tax year. Dont forget Robbing Rachel is eying whats left of your wad. There is no expected reason why this or any other stock will bounce in the next few weeks. I would be very sparing with the top ups as cheap can get a lot cheaper.

Millennium International Management LP 0.55% 0.0% 26 Feb 2025

Saba Capital Management, L.P. 0.93% 0.06% 24 Feb 2025

Title of last post a bit misleading as shorts increasing here. Im long, it will come good eventually.

Being in a tax wrapper (SIPP) I would have just preferred cash returned when available via dividend. This is how DSM would up, but it doesn't suit those not i a tax wrapper. Tenders, will require you to put in for them, and it will be something like you can redeem 20% of your share this time, so far more dribs and drabs if i am not mistaken. We may get saved by an activist.