Member Info for Dibs61

Yes but I would argue that any progress on this front is not factored in currently.

Looks like it wants to go higher. Just need a modicum of demand, thats all!

Positive Vote in European Parliament today would be good news.

2cvguy - your quote/question: “The Company is currently working on a sales pipeline of qualified opportunities of over USD 100 million".
Didn't someone claim earlier that there was no mention of the order pipeline ?”

Yes, I did. But there is a big difference between a sales pipeline and a firm order is there not? I was referring to the order book which the company have oft referred to previously.

And they have confirmed yet another cash call on the way so those ‘orders’ *coughs* are not being converted into sales

And I’d be very careful if you hold here because the market continues to give imo a generous valuation on sales to price ratio. They’re going to need a historically unprecedented revenue growth to get anywhere near break even.

To the infamous multi million order book? I don’t see any mention of it in the main highlights?

You know, the orders that never quite make it into actual sales.....

First the not so good news. Placing price IS disappointing but, in this market, not altogether surprising. Thus the market will probably view it as a typical AIM placing.ie.bucketshop blah blah.

Now the good news as I see it. BGF are now a major investor in the company. BGF are most certainly NOT a bucketshop. This is a major strategic LONG TERM investor. Patient but looking for significant returns over say 5 years.

Also there is a 'cornerstone investor' mentioned in the placing details, as well as a further combined investment of £75k by both Ivan Dunleavy and Michael Grade.

So, we are predictably taking a hit from the market on the placing price - short term. BUT make no mistake this IS a significant change by this company. No more small time acquisitions. The company is now seriously looking at much larger acquisitions than has been the case historically.

The scale up is underway. Just require patience.

How much reserves or resource does GGP own?

Nice write up about One Media in the FT today.

What a tedious phenomenon this is. Someone dumping into a very modest rise and now back to square one. Cheers Bud.

Yes normally all contracts are announced as the gross value (revenue) to the company. Have to say I agree with falling, they are playing up the wording big time! Which is what they do.

I recall very clearly Mr Blamire stating some time ago (before he was kicked out the hot seat) that Falanx would not announce to the market any contracts under the value of £1m! I suspect this policy back pedalled once they realised they weren’t going to get any million plus contracts!

Yes normally all contracts are announced as the gross value (revenue) to the company. Have to say I agree with falling, they are playing up the wording big time! Which is what they do.

I recall very clearly Mr Blamire stating some time ago (before he was kicked out the hot seat) that Falanx would not announce to the market any contracts under the value of £1m! I suspect this policy back pedalled once they realised they weren’t going to get any million plus contracts!

Thanks. They showed up late here on LSE and investegate. Yes very solid results and continued progress. Dunleavy and Grade were appointed toward the end of the period reported so hopefully we'll see an acceleration of progress going forward.

Would've liked to have seen more detail on TCAT progress.

Could you provide a link please? I can't see these results anywhere!

Wondering if the company will give us an update on the progress of MBC trial in the results tomorrow?

The estimated trial completion date is 30th Sept 2018 so not going to be too long to wait now.

https://clinicaltrials.gov/ct2/show/NCT03427450?cond=parsortix&rank=1

The past two years the company had released half year results on 27th June so now almost a month 'late'. That said in 2015 they were released on 27th July.

I'm expecting them to be released this week but who knows this is AIM after all!

Our 25k block buyer has become our 25k block seller......again.... lol

Now MWG’s technology has been proven and verified and is in commercialisation phase it becomes an obvious takeover target. Why not? Certainly complements Northumbrian Water certainly but I would imagine there’d be a host of companies in this field who’d be interested.

All this talk of trades here (which I concede I’ve indulged in) is actually a side show to the big picture.

Have a little patience and you might just get a return some way north of the 10/20%%

@ over the current asking price…. hmmm. someones keen…..