Member Info for DD77

Dawn is speaking today, not sure what time

I couldn't make the presentation so will watch in the coming days. However, it seems odd that the purpose of the large capital raise hasn't been defined. If not for a production facility in Europe (or elsewhere), I can only suspect that they have a takeover in mind

Good advice fairdealer. I have done self assessments myself for the purpose of carrying capital losses forward but it isn't straightforward and can open a can of worms. I recommend using an accountant.

I am in the process of rationalising my non-ISA portfolio though, with the capital gains changes, and will be moving a number of my holdings into my ISA in the new tax year. The reduced allowances are a wounder and disuade me from investing in my non-ISA account moving forwards

This past year has re-taught me, that cash is king. I got distracted in my investment strategy by some high growth potential shares which i've been burnt by. DDDD, AGY, DNL, DVRG to name just a few. I'm fortunate that I didn't have large sums in any of these but I spread my portfolio too thin and didn't have the right focus on companies performance. There were enough red flags with DDDD with the cash burn and with the rising cost of capital it's become hard for growth companies to secure funding. A lesson learned

Interesting that Stuart Hawthorne, our major shareholder of 12% of the company was very much looking to displace Copus...............seems like there was something rumbling in the background

No concerns about Copus going or any loss of clients. I expect he will become a consultant on energy transition.

H2 Green is absolutely not self sufficient - it is loss making and whilst it may be seen as the golden goose, currently it is requiring significant resources to establish itself.

Here's hoping we find a good new CEO

2 big transactions going through, about 3% of the company holding. Be interesting to know who and what prompted that. SP has barely moved

Kevin Hart did nothing but value destruction, he led us to this disaster. Bonomo anyone?

I await potential acquisition targets that PHC line up rather than vice versa, although that will likely happen at some point. Cash is the key thing and it’s encouraging that they still see themselves having sufficient resources to get through to break even and profitability. Jeff is very impressive, he just delivers, non nonsense. A lot of time for that

There's a huge disconnect between the economic reality and the markets. The FTSE 100 just hit an all time high. There is hope with inflation dropping, China re-opening and strong employment. There will certainly be more bumps ahead as public and private finances are really being squeezed.

What's also interesting is that the airline market is hardly affected by the cost of living crisis. People are still keen to travel, no doubt pent up demand from the ridiculous lockdowns for 2 years restricting peoples freedoms. So things may get sacrificed but as things stand, holidays are not currently one of them for most. That may well change, particularly as we move to late 23 and 24 but for now it's very positive sign for the industry. Even more so with the cost of fuel decreasing

Thanks for the responses re. ISA allocation. As I thought and I could consider selling some holdings but don't expect I will. I also have a chunk of these in my ordinary share dealing account so can always add more there if required. Pretty solid day, this RNS was needed for the next leg up in ITX journey. The future looks bright

Q for people - if I have already used my ISA allocation for this year, can I still purchase shares from the Open Offer through the ISA or am I forbidden?

Smartinvestment - would you mind posting the link to Finncap’s research note? Thanks

Very strong January numbers, market is clearly impressed. Great load factor for January

Interesting to note that Flyr also went to the wall a couple of days ago.
https://www.forbes.com/sites/davidnikel/2023/01/31/norways-budget-airline-flyr-collapses-just-19-months-after-first-flight/
This was an expanding market for Wizz Air but short lived and they soon pulled out (c. 2021). I wonder whether they will revisit now.

I'm surprised by the SP action today. This was a really good RNS. Short term working capital secured, with a converted price at double the current SP. If that isn't a vote of confidence, what is? In the current climate that is remarkable. The longer term funding requirements are likely to be met by a combination of access to grant funding and investment partners. We all know there have been delays, which is why the SP is subdued but I have confidence that 2024 will be transformational for the company and shareholders. GLA

Load shedding is likely to get worse before it gets better unfortunately. Eskom is a complete mess, a revolving door at the top, almost impossible to drive through the required reforms necessary. It'll happen eventually but it will be a long and bloody process.

This a bottom drawer share, I don't expect a material recovery in SP for a couple of years unless V price rockets.

No surprise that H&B own product is no. 1!!!!!!

Anyone got a scobie who he is?

7.31 - Ozzie - looking like a 5-10% day hopefully
8.36 - Ozzie - I also expected a muted response or perhaps a little down too

So transparent, it's comical