Member Info for Dibs61

You are 'avin a giraffe my friend. The theory that gold price is determined by inflation alone, if at all, is tenuous/speculative at best, and that's being generous. There are many theories about what determines the gold price. I see we have atrocious NFP figures so still believe the 'data determines' Fed have a snowballs chance in hell of raising interest rates? Lol There will be NO interest rate increases. Not a chance. It is more likely the opposite will be the case. But it won't help poor ailing Shanta. Not for a while yet.

And gold is soaring again. All good for us here.

And will buy more when funds become available. Superb growth stock. So much utter garbage on AIM and stocks like this are ignored!

Spec - with all due respect you are way behind the curve on this point. Fact is the BOD holdings have halved in the past couple of years because they haven't stuck their hands in their pockets when the begging bowls come round. Speaks volumes.

eshaitan - excellent post. Rec. The market had clearly discounted the v poor results. It will be interesting to see if this can hold at or above the placing price now. There's been a bit of nibbling but things will come out in the wash in next few weeks. If they don't deliver this time it's a 3/4p placing next time - no question.

Desperately disappointing SP performance for investors. Remember my old adage, SP tells you everything.

Expecting some interesting news here soon. Most likely to come from the fintech/blockchain area and in India (as the company have indicated). The newish brokers are key players in getting a deal as they already have been v active in this area. This should be complimentary to the Indian gold interests which retain potential value. Company are funded until mid next year so cash not desperate but I expect them to move soon. Drive the SP up with news of a new strategy and then fundraise. DYOR

To buy back in here albeit with a modest initial holding. Broker forecast for FY2017 is 17p EPS putting this on a forward multiple of 14 which IMO is not expensive given growth prospects.

I wonder at what point they will admit defeat (if they haven't already). I know shorters are very thorough in their analysis but unless they know something the rest of the market doesn't then the situation could worsen from their point of view. It seems to me that sentiment is turning more positive here again. I have noticed a late attempt to drive the SP down in the past few days. We seem to be in a trading range between 220 and topping at 230 currently. They may be taking this opportunity to exit assisted by the Brexit market malaise. I expect them to be out by the end of this month.

I have held positions here a number of times in the past. I currently do not have a position. I took a negative view until v recently, mainly due to competition concerns and the FDA situation. I don't think I was alone with those concerns. However, I am very impressed by the additions to the share register. Clearly they will've done DD and it is a big endorsement for such a small AIM company. So this is def now on my buy list when funds become available.

Change of Broker.... Why? Often means a placing is in the offing. In this particular instance it bothers me not as I have a low average long term position here. So I am sticky and if they need cash so be it. Good CEO and good backers in a massively growing sector. My main concern is how effectively they can monetise their business model but hopefully their partnership with Strive will prove fruitful in that regard. Not much in the way of trades but 5 of the last six were def buys!

The placing was certainly no surprise to me. The complete failure to sell marble here and deliver cash is a big red flag IMO. They were forecasting revenue of £2-3m pa here back in 2014. It is still a tiny fraction of that 2 years later. Consistent non-delivery on all fronts. It is pure hope sustaining the SP at anything like 10p.

Look at the record here: 2014 Total revenue €0.15m 2015 Total revenue €0.23m And so far in 2016 just a tiny €0.25m for nearly half a year. Forget my generous metric of 6 x earnings given yesterday. That was based purely on an order book that they NEVER deliver on year on year. The actual figure based on real numbers is currently a valuation of 68 x earnings. As for the factory that never gets completed it seems to me absolutely pointless having a factory that can deliver higher margins if you never secure any sales in the first place.

I find the continuing overvaluation here staggering. If we assume that they bank the entire order book of £3m this year (highly unlikely given past underperformance) then this is still valued at something like 6 x earnings which is utterly ridiculous. But it does illustrate there is still a lot of hope baked into this SP.

Still remains in a downtrend. When will it turn?

Been on the sidelines here with this on my watchlist but decided now is the time to buy back in with an initial purchase. Delighted to be buying at the same price as the Chairman paid for his whopping buy of £226k. There's been a succession of positive announcements in the past few weeks and I am confident that this is a good price for long term growth. IOT is the place to be and these guys are leaders and v v smart.

That'll do me for now.

And I remember the last time TW rushed to their defence and there was a mini spike - then the price dropped right back again. Beware.

Looks like this has been tipped by TW's 'hot stock Rockets' this afternoon. How cosy. Note how amongst the plethora of PI lemmings spot the occasional big sell trade as the flippers/placees take the opportunity to bail out with a tiny profit. Bit of a whiff here...

I may have missed the detail but any idea on the amount of revenue being generated by the two acquisitions? Do we know what the rate of growth is? Incidentally Matthew Freud you mentioned, is this the son of Clement who runs the Freud foundation? If so he has contacts in the highest places so interesting to have him aboard for sure.