Member Info for deepjoy

for sure with these volumes over the past 45 mins.... by the way any one know how many Milton held as they don't appear on the significant holders list, or have I missed it?

Greenlight.... I don't agree with you just yet. There is a consistent seller in here; matching volumes of sells following any buy and all off the order book as well on L2.

A TR1 would help to clarify matters for sure. I've widened my top up spread to 15% now save chasing the bid.

raising the bid above the last price paid is a good sign this morning. Patience with this one will pay off I think the underlying business model is great :)

For the sp to remain stuck all morning ... probably hit the bottom but I expect late reported sells to appear in time ... news wasn’t bad overall and can’t understand the drop. Bought more

it the terms of the loan facility which has scared people .. I suppose the equivalent would be placing where all the holders sell if they decide to convert.. Be prepared to sit on a loss for while until we begin revenue streams … I am staying in

good news thou Sull… immediately accelerate the morroco play and without too much pain .. rather that than a raise at current SP levels :)

that will do me :)

RSI had fallen back this week and we seem to have consolidated at 8 when the book finally cleared...now I can see a move up to new highs here …. it has cracking potential this share for the next 12 months and will move quickly on any news.. GLA

currently in auction but it wasn't looking great as the buyer volumes seems to have dried up..

fair enough Helu…

level 2 is nowhere near like yesterday. In fact yesterday the volume of buys on the order book was twice that of sells throughout most of the day. Today the volume of buys is lower than sells by about 20% so far so for the sake of balance I'll post that out there....

Hi all, weekly check in for me.. I don't know about cash flow but I presume all cash flow from Trinidad (when it happens) will keep the lights on and enable the development of the Ireland / Morroco play.. I only wish I could invest more at these prices but its my largest holding and I need to keep me discipline for now..

Overall this still looks the same as it did last week and last month, a great porfolio investment for me hence why I only try to call in once a week :) regards to all as always DJ

Well one thing is for sure, I timed my entry wrong lol..... disappointing to say the least but I think the SP would improve if the company in the meantime made more of the PR on their sustainability credentials is nothing else...

It is clear to me that the MMs are not running the order book in the interests of buyers today with large buy reports being held back while sells drift the price lower. I am fully invested here now and will remain so, but if I wasn't I wouldn't buy a single share today the way it is being run.....its bad enough dealing with rampers and de-rampers etc without the MMs playing along as well.

Great company and a drop is to be expected with the RSI being as high as it has for nearly two weeks but atm be cautious I think. GLA

I think it will hold the line but the way the market makers are using delayed reporting today concerns me. clear manipulation of the state of play although the real spread is really tight now at 7.909 sell and 7.980 buy.... it is going to go soon I think. I know from twitter that one genuine seller cleared out completely this morning as was busy buying up another share recently.. GLA

I agree. Interesting thou palm oil prices continue their recovery it appears so I think if we get any form of news on a seasonal recovery in the IC area soon this should re-rate far higher on any projections for increased processing prices, irrespective of the cashew nut side in due course... That what I am hoping for anyway GLA :)

it appears that was a large sell into no volume at all. Reasons unknow but it must be frustrating for LTHs here, now we are into high season it would just make sense to see it through but each to their own, its a risk either way.

Stephen jones has increased his stake from 6 - 8% just out

I suspect we have buy order being worked here. I can sell 2m over the mid price but cant buy a bean. It may explain the sharp markdown this morning....nothing on level 2

The reasons I invested in this company are pretty straightforward, notwithstanding the constant diatribe of people who hark on negatively about the past. I will set out the following points from facts thus far reported, that I believe mark the trajectory of the business. Make of it what you will but it is my position:

1. I believe they will slowly but surely grow and become a sustainable business. Each month for the past three months to December their sales have increased at a record pace and management have stated that their ongoing costs will be kept low. The management have repeated on several occasions. We have yet to receive December figures but they are expected to be seasonally, and logically lower then other months, the test will be the January / Feb figures.

2. Likewise, management have stated they have enough of a cash runway to take them to cash flow positive status. Again, a matter of record and they would only have reasonably done so, taking into account all current payables and projections. You either believe them or you don’t it is that simple.

3. As a growth business they need increase market share and do so effectively they, need to do this through low margins. Otherwise they would not be a challenger. Therefore, profit is not the early benchmark in my view, it is increasing sales and increasing market share. This and only this, allows challenger companies to grow and in turn. Over time they have stated the strategy is to increase scale and achieve margins with suppliers. The higher the volumes the lower the costs from carriers (talk talk, BT , et al). The key in the short/medium term is will revenue cover costs and I believe they will achieve this.

4. They have taken sales in house and in doing so have already proven from recent trading updates that this is a logical, cost benefiting move long term. Again, you either believe them or you don’t.

5.The Mcap for this company is low at 2.77m when you consider they had raised 1.97m net in the last fundraise. I also believe that they have yet to capitalise the Merlin IP software BUT a word of caution here, I await clarification on this outcome. So if anyone knows better please reference this for me?

Like any investment this is a risk but given the company is valued at around circa £800,000 (minus cash) in real terms, I am happy to stake my money and I have. What you do is up to each and every individual.

Regards to all even the negative one among us

DJ