Member Info for Dibs61

Barnacle - 💯

Hi Barnacle - QVH tender news must be very close. Only one of two possible outcomes:

1. FDBK Win

2. Another issue with tender like last year

QVH Win is imperative and significant if FDBK win it.

Https://bleepa.com/community-diagnostic-centre-roundup

Dusty you don’t actually have anything useful to contribute to the debate other than to childishly berate another poster with the preposterous suggestion that he is in someway responsible for the share price drop. This is an indication of highly immature investing awareness. Focus on the fundamentals. Focus on the facts.

The market is merely signposting the placing which will drop imo within the next four weeks.

And yes, because the SP has dropped so much it will be significantly dilutive.

RNS issued this morning but not shown on LSE:

https://www.londonstockexchange.com/news-article/COBR/ree-exploration-strategy-to-include-uranium/16327250

Al180 - the barriers to entry for competitors is very high. The Moat is very wide. There are no other comparable competitors in view of the impending ban on HCP later this year. Hardide have a pretty clear run at this. However, they will need to scale at some point and THAT for me is the crux. They don’t have the capacity to scale to meet the potential future demand and, therefore, there is only one solution. Get bought out by someone who can help them realise the potential. It simply has to happen as we can’t have a continuation of the snails pace progress we’ve seen up to now. And that’s why I think we are seeing very different noises from the company now leading up to Phil Kirkhams departure.

How did they manage to sp*nk away £5m in THREE months! Wtf

Pony - I agree but the longer you leave it and the higher the price moves your profit dwindles accordingly. Much like if you bought a share low, make a big profit and then the profit takers move in and you watch your profit disappear. But as you say, much depends on when they took out their position.

I wouldn’t worry about the whys or wherefores the fact is there is a short squeeze going on here. Enjoy the ride.

The $6m question is will the recognition and publicity that this award generates lead to more business, more sales, in India? It is VAST market that could be tapped into. One positive is that an investment boom is expected in India as various factors that have held the economy back over the past 15 years somewhat disappear. Red tape is being reduced too. And Feedback are now ‘present’ in India as a business.

In the trading update 18 Oct they said:

“Hardide expects to announce full audited results in early February 2024.”

So results are due very soon and although we pretty much know what they will be its the accompanying statement about post year ending trading and outlook for the months ahead that is of particular interest to me. I am expecting positive noises from the company.

I am ‘hoping’ that they are holding off from announcing results as they are ‘hoping’ to have some good news to announce alongside (or perhaps before) the results. I am sure Tom would prefer to avoid another investor meet which is little more than jam tomorrow promises again.

QVH Sussex must surely be concluding or concluded. Tender closed on 7 Dec and look, I know it takes time for anything to happen in the NHS but for the love of god surely there is a decision imminent! I think that will open the floodgates or, if not, the extended pilots being successful will! One last thing to mention I know from working in the NHS previously myself sometimes decisions are pending on budgets allocated and resourced.

Onsolidground - I haven’t found the Shell news yet but it’s a trend in the sector…..Note the following from BP:

https://www.chemanalyst.com/NewsAndDeals/NewsDetails/bp-ventures-into-green-hydrogen-production-in-a-strategic-move-24677

Surely they have to start giving closing positions some thought on the back of a 20% SP increase this morning. If this is the start of a new uptrend the large number of shorts could see the price rise sharply.

Miiiiiiike (sorrrrry if that’s the incorrect number of ‘i’s) I’ll have a go at answering.

It’s possible that, due to the size of the order, it had to be ‘filled’. That is to say it could not be executed immediately but had to be be held pending a sufficient amount of stock at the right price becom8ng available. Thus, once it has been filled, the price can reset to a ‘correct’ level according to demand and supply, and since there were more sells than buys a modest drop back occurred.

Drilling ‘results’?!

Never seen such a laughable dreadful set of results for a so-called ‘discovery’.

This tiny company is potentially a significant player within the niche market they operate in.

They have a moat, a USP, excellent IP. But it has taken a long time to get to where they are to now. The opportunities are now opening up. The main issue, from what I can see, has been about scaling. It remains an issue but the obvious solution is to be acquired by a bigger player with more scale, breadth, resources, finance etc. I am convinced this will now happen because potential suitors can now see the growing commercialisation of the business. The orders are now flowing across a variety of industrial sectors. Hardide has a TINY valuation. Crazy really when you think what they could easily become with the right company buying them.

This is a sitting duck folks.

They have said they will update the market as intercepts come through. Drilling commenced 9 days ago.

“Although the RC programme is expected to conclude in four to six weeks, we will update the market as intercepts are made available over the coming weeks. Samples will be sent to Intertek for assaying and first assay results are expected during Q1 2024.

"This is an exciting phase for our flagship Atex Project and am looking forward to announcing the assay results in due course."

I’ve taken a small position here and will see how it goes.

Annual results are due in early February so likely in the next 2/3 weeks max. We’ve already had the trading update so the interesting part will be an update on post year end and the Outlook. We may also have an update on the CEO appointment. Matt Hamblin the recently appointed NED looks perfectly suited for the role but he does have another position elsewhere.

Look at the chart. Certainly From a technical perspective this is going to 10p nailed on.

That would value the company around £20m (with sales of £0.5m)

Still not ‘cheap’ on fundamentals but I appreciate some would argue the technology is worth it.

And I wouldn’t argue with that but markets are not rational.