Member Info for Dartron

Now below 20p. Told you so.

Yes there are no restrictions on II buying, only PMDR directors with material responsibility.

I hope the results come out before end of November, the other alternative is suspension.

I think we will be due a surprise here either way, as the company has been overly quiet IMO. Hopefully a pleasant one..

Announcing its interim results for the six months ended 30 September 2023 on Tuesday, 21 November 2023.

The management team will provide a live presentation relating to the results via the Investor Meet Company platform on Wednesday, 22 November 2023 at 1pm.

Be amazed if this does not break below 20p. Chart looks awful.

Https://www.irishtimes.com/business/2023/10/20/ev-charging-company-erapid-secures-30-million-investment-from-aviva-investors/

I'm not entirely sure I have researched the right firm there, still interesting though.

Their seems to be a few firms all with very similar names. As far as I can tell, the one below may now be dissolved. Too complicated to follow.

Check this link out for some info on the CEO of Armstrong Investment Managers. Very impressive.

https://creativewomen.co/staff/dr-ana-cukic-armstrong/#:~:text=A%20graduate%20of%20Imperial%20College,an%20FCA%20licensed%20financial%20institution.

Her ex husband (Patrick), was also previously involved, but has moved businesses. He is sometimes interviewed on Vox. But since this post is about Armstrong investments, he is not involved any more.

Hi Vigneron, I agree that they need to meet the deadlines to restore credibility.

I have linked to 2 snippets from the presentation, which are their answers to your points.

I am hoping that the announcement of the facility, and the revenues expected from it this year might serve as a catalyst for the share price - even if it gains enough to cover the ex dividend drop, ill be happy. I think we should start to see upgrades here, there was a lot of talk of margin improvement in the presentation, which I would hope is fairly easy to implement. I think the bottom is in on EKF (as long as they deliver their stated intentions). Chart shows a cup and handle, cup-18th July to 5th Oct. Handle now playing out with volume drying up, so tea leaves also agree there might be a modest re-rate.

Chart with mark up.

https://www.tradingview.com/x/kgeT7mt7/

They have the money to pay the dividend and expect EOY cash balance to be 2.4M

https://youtu.be/a50MXSRBi44?t=1231

Fermentation facility to open Oct 25th, looking forward to announcing at the end of October..

https://youtu.be/a50MXSRBi44?t=1734

We can but hope.

Armstrong Investments Limited, up to 10%.

Wonder where those shares came from? didn't look like they were bought on the market, possibly another large holder offloading? (Very few shares have traded under 2.6p).

Very pleased anyway, hopefully they are not buying blind.

(Alliance News) - Manolete Partners PLC on Wednesday said it is emerging soundly from the UK government's alleged "suppression of the insolvency sector" during the Covid-19 pandemic.

The London-based insolvency litigation financing firm said it is benefiting from the removal of insolvency protections the UK government set in place during the pandemic.

https://www.lse.co.uk/news/MANO/manolete-partners-hails-boost-on-removal-of-uk-insolvency-protections-bip0ryqjmkun8hv.html

RBC raises Moneysupermarket.com price target to 310 (300) pence - 'outperform'

Https://www.youtube.com/watch?v=tN4sNXzBC0w&ab_channel=BusinessDayTV

If only they would spin it off, and we could just invest in the USA company perhaps even on the NASDAQ, but what would keep the lights on back home? You echo the same comments I have made about each state having its own choice. Yes it probably is more likely other states may be interested in a successful solution, but we are not seeing any evidence of that yet. If this is an extension (which it sounds like), then they still have only 1 state as a customer, read the first RNS from June, they were offering limited services, which now have been expanded. Better than zero, I will agree, but its hardly a massive take up is it. They got a small contract extension when divided over 5 years, I'm pleased for them really. I doubt it generates much profit by the time its gone back to head office. I do think the company may see increased costs and taxes in these times. Isn't that how wars are paid for?

Yes, you have to accept that the likes of Janus, will have more info that people on this board. As a 10% holder, they would have been sounded out I think. The delayed sells from them wrongly were interpreted as buys. I would expect them to keep dumping, if they were happy to write down 98% of half their shares!

Another RNS to calm the nerves of a few LTH, in what is a very troubling situation.

Is it anew contract or is it an existing one which has been 'expanded'? No values, so assume its small and over 5 years so unlikely to make a material difference. States in America are all independent of each other, so not necessarily so that more states will take this up. Will costs now rise for Israeli companies? For sure, they will.

Talk of this hitting the 30's on the other board. Im surprised you bought again Ripley, though following your posts, you are normally successful. I think im happy not to catch the bottom here, and buy in a few more weeks time. (holding a few at 53p yuk). Market makers (on behalf of someone) are making this uninventable IMO, Buy today, they drop it 5% tomorrow, repeat. Might see a TR1 from reduction soon. ?

This goes ExD in 3 weeks for 1.2p. If you can buy now for around 28.5 you are getting over a 4% yield in 3 weeks. Judging from the results call, things should start to improve here, once the Fermentators are online. Hopefully there is some SP growth as well over the next few months, so currently a good proposition I feel.

Looking forward our core business is in a very strong position, with continued growth momentum seen in our Point-of-Care division and in sales of β-HB. With the capacity expansion at our South Bend facility nearing completion, and already having received our first purchase order and we look forward to delivering strong growth in enzyme fermentation revenues in 2024.

This is quite a common characteristic of this stock. Never seems to affect the share price. Possible it is the short closing (GLG 0.6% short in run up to TU).

Agree about the purchases, they have not lost much in the scheme of things. I will say I think they bought in good faith - it was CEO, CFO, and 3 x NED - so 5 purchases. Before I sold, I actually had more than the CFO. Not hard at 2p!!!! I think this rapidly accelerated, if you had followed it, what did for them was unseasonable hot September. They had already bought by then, but had a v poor month. If they needed cash flow from this, suddenly they didn't have it. As soon as covenants are breached it was game over, with such a shrewd lender, who I think wanted to be the owner.

Echoing Yvellken post.

Fortune does favour the brave. This was a reasonable proposition to begin with.

There are far more favourable gambles out there Neil, with far lower risk. I think it was the lure of how large the upside was here, had it worked out ok, or if it does spike up to 5p. But its a pure gamble now, not trading or investing. Best of luck.

The share price is also a red flag isnt it, seems the selling is relentless. All those delayed trades people wrongly assumed were buys. No one wants this. A couple of MM's are sub 0.5p now.