Interesting this US/Chinese AV champion just lost its Californian AV licence on account its 'safety drivers', well, aren't. How and when Guident steps into a relationship with Pony or Waymo, I don't know. But Pony is reportedly valued at $8.5bn. Do see Guident at inflection point. It'd be nice when success comes, for TEK to give the share price a chance without recycling shares at stupid prices to its go-to set of stockflippers.
RE: TEK raises have been at a premium in the past.26 May 2022 13:47
There was significant volume at 33.5p as the shares looked set for a break higher. "Marginal buyers at 29p" chooses to overlook that fact. Anyway, hopefully the portfolio companies now have enough to announce the type of news they're capable of. Lucyd probably waiting for market to settle down before IPO announcement.
RE: TEK raises have been at a premium in the past.26 May 2022 10:50
You are absolutely correct WG. TEK is worth alot more than 25p and strategic investors this lot are not. Unfortunately management aren't yet willing to genuinely value PIs and this repetitive behaviour has for many, made TEK a 'no go' despite wanting to invest. While small in the grand scheme, poor quality preferential placings to traders should rightly be called out.
RE: Come on let’s see that little red dot26 May 2022 10:20
Agree and admittedly haven't the history. Equally likely to be day trading on charts. Just one observation - I know everyone wants the permit as it essentially unlocks the project but other mission critical work getting done alongside to get to main construction. Refreshing company isnt pumping out news for "news sake". If PIs need to force sell, unfortunately they'll be out when MMs increase the sp.
RE: TEK raises have been at a premium in the past.25 May 2022 13:39
Agreed. Too much in the pipeline to stay down here after emotional selling this morning. TEK talks about each of the 4 companies being $1bn+ potential. That being the case, TEK and its useless broker could've done much better.
RE: Come on let’s see that little red dot25 May 2022 13:30
Issue we have here is the weakness of the shareholder register. Too much retail that need to force sell because easy money days are over and bills are going up. EML's investor presentation accepts that if we want to connect project NPV to marketcap, quality IIs need to get onboard. All being well with the environmental permit, final technical work completing etc I am confident that will happen. Til then, we have individual PIs selling to meet crypto margin calls (yesterday) apparently.
RE: TEK raises have been at a premium in the past.25 May 2022 12:39
What's ashame is there's probably a few hacked off PIs that dumped this morning out of annoyance. The company has immense opportunity to multiply in value and the placing cash will support that. Put the disappointment at the insulting [to PIs] placing price, for a relatively small amount all told, to one side and let the inevitable positive RNSs follow.
RE: Picked up a very small amount in the placing @ 25p25 May 2022 10:27
The good and bad news is, we now know why the sp retraced from 34p. The other good and bad news is that a couple of positive RNSs are now likely, to pump the sp to further delight insiders. On the bright side, if there was no demand for Lucyd or Microsalt etc you wouldn't need to strengthen inventory.
RE: Picked up a very small amount in the placing @ 25p25 May 2022 09:39
This point about being oversubscribed is a good one. In most industries I can think of, it means you mispriced the deal and failed your client. In the end, it matters little if you've taken a position for a multibag. That said, insiders have managed to milk PI cash for free.
Agree with all the growth and rationale but the selling at 33-35p would've included some of these "supportive" investors made aware of an opportunity to recycle profits 7-8p lower than where significant volume was occurring. But then if alot of that volume is generated by your future investors taking profit, its not going to help anyone but them.
Funny someone mentioned 25p. Suspect this was known and explains the sp. £2m raised to build inventory for Microsalt and Lucyd, add AI features at Guident's control centre and general working capital. That's the cat out the bag. Small amount to fund growth but surely a lazy broker?
I got stuck at work so was unable to connect all the same so look forward to next week. In the meantime, really nothingness volume here. I was reading and watching some AV content re China and Japan. Interestingly their current robotaxi services have a driver in the front seat that takes over where the AV cannot cope or in emergencies. I get it - the AI/ML as the AV clocks up miles etc, but fare payers are still paying for a "driver". That said, do understand they are both heading quickly towards no safety driver as per US rollouts.
RE: "our Russian assets sale process"19 May 2022 16:23
AGM appears a timely occasion to wrap this up and expecting an RNS very 'shortly'. EUA has never seen logic in setting deadlines for offers because if the date passes and your potentially best offeror hasn't shown its hand, what then? I do believe Artem's move to iNED is a sign its coming to a close and the size of M&A he associates himself with, a nod to potential quantum. For those complaining of no RNS updates, we can confidently blame AIM for that. Sorry Kira, you can thank Trump for the west learning not to sanction metals it needs hence why Potanin has a rare exemption.
RE: Clifford Presentation and Q&A 24/05/2218 May 2022 11:51
Looking forward to that and transformational developments that all these now revenue generating companies can grow exponentially into. By 2023, I'll be taking profits supported by new investors that didn't understand the bluesky opportunity at current sp.