Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
There is big news coming this side of Xmas I feel. My money is on a large earnings enhancing acquisition funded by cash and possibly some additional debt financing. They've been quiet on acquisitions in recent months leading me to believe they've been saving up for a big juicy one. XLM are in such a worldwide technological sweet spot right now and they have the team to deliver and a genius CEO...Bring it on Ory!
Let's look at the recent share purchase by Non Exec Director Daniel King https://uk.linkedin.com/in/danielking1 This guy seems like a shrewd cookie and in the habit of making money on his investments. He bought... 13259 shares in Nov 2015 for �45k 5558 shares in June 17 for �30k 5323 shares in Nov 17 for �50k This month the guy made his largest purchase to date and increased his holding by 66% at a price of �9.39. He knows a lot more about what's to come than any of us. Follow the money. Plus500 is smashing the worldwide Crypto sector in particular. These markets run 24hrs per day 7days per week and are more volatile than anything the world has ever seen. Plus500 is going to the moon along with the Cryptoverse in 2018.
Solid support level now at 161p. For those looking to come onboard 161p would be the door. If we go below this then I may be tempted to throw my recent dividend back in. Currently still in breakout territory above 160-161p and all set for a run up to £2 and beyond this year.
Check out the new Director Rivaldo...very interesting Indeed. From my earlier post... New #XLMedia Director Jonas Martensson is CEO of @Mojang bought by @Microsoft for $2.5Billion and Famous for @Minecraft The Biggest Vid Game Ever. = Breakout.....
Been reflecting on the events of this week and after a bit of a ponder today I've decided to add again to my position with a further 4122 shares at 160p. It's been a while since I've seen such conviction from a Director of a company. I think this bodes extremely well, not only in light of the current dividend debacle, but more importantly Ms. Lavi's confidence in making a very healthy return on that £400k investment. She knows far more than any of us about what's in store once this hiccup is navigated.
£400k spent on shares by Inbal in last 2 days. Wow. What a statement. I met her once, lovely lady. Runs the entire XLM operation in Israel of over 370 staff aswell as being a mother of 3... All in a day's work hey! You can see the Israeli HQ on Twitter @webpalsgroup
I can confirm AJ Bell (and no-one else as far as I am aware) have not received any dividends. Their reply regarding the use of currency cheques was just a generic response in relation to all foreign dividends they process. As far as I can gather it appears the existing bank, Barclays will be able to pay the dividend but that could take weeks. Therefore the company is looking at other options to get to it paid far sooner to shareholders. Huge director buy this morning again bodes well. I will also be adding on further weakness however I understand those preferring to sit on the sidelines until this is sorted.
Hi Hippie Received a late night reply from Ory. He has reiterated the fault lies only on the banking side. XLM have used the same registrar and followed the same procedure they always follow when it comes to dividend payment. XLM and the registrar are both on the banks case to get the matter resolved as swiftly as possible. One can assume then it's down to human error or a technical issue by the payment bank, nothing more.
Hmmmm, I get the feeling the 'Tech Israeli Fear Complex' is dwindling by the day. By my calculations the Risk Aversive HERD will arrive en-masse in 2018 after the inevitable 'late-to-the-party' positive write ups in the mainstream herd-press. Obviously I'm rather keen on all this to say the least as I have the majority of my life savings tied up in XLM, PLUS & TAP (As of today). BUT... for those seeking any further unrelated reassurance the ROTHSCHILDS created the state of Israel in 1948. These guys own the planet (LITERALLY!!!!!!!). Your investment is EXTREEEMELY GEOPOLITICALLY SECURE. Therefore REJOICE MY FELLOW INVESTORS!! There goes your bulging profits by the Grace of God ;o)
Sold out this morning and bought TAP. More my thing. Good luck all holders
Finally took the plunge this morning with TAP. 703 shares for starters at 439p. Good to finally be onboard. Portfolio now looking pretty funky with XLM PLUS PFG TAP & IQE... & More cash ready to deploy from PAYS T/O. Think it will be used for top ups as 5 is my maximum number of holdings, well 5 plus a little punt on Bitcoin. Gotta be init to winnit!
Be interesting to see what happens when we hit the all time high again at 437.5. This one is a volatile little rascal and a severe bounce down off the double top would not surprise me...shake out the lilly livered lettuces. Maybe I'll hop on then...
My mistake Dave. It is as you say actually 70%. Interesting point in time on the chart right now as TAP approaches it's rising trend line on the daily. I would prefer to be buying in closer to £3 but maybe that's wishful thinking...
You get the message lol! In all seriousness though check out my notes on the XLM thread from their latest investor presentation a couple of weeks back and look no further for a new home for your PAYS proceeds. The XLM threads on ADVFN and III are also a good read. Unfortunately I can't copy/paste from Advfn on my phone so pop over to there for tonight's musings on the matter.
Ory stressed that more and more companies are moving to performance based 'Revenue Share Models' in relation to their spend on online advertising budgets. This way said company gets a risk free guaranteed return on advertising spend. They only pay when XLM generates a paying customer for them or that customer takes a certain credit card for example or other milestone. It makes sense and I can see mass adoption in future. Companies don't want to throw millions away anymore on marketing with no guarantee of a return. This way they only pay when XLM get them results. Cash generation just keeps on improving. As of end of June $43million back in the bank ready to be spent on further earnings enhancing aquisitions. When you take off the subsequent int dividend $8mil & acquisitions since then $19.25mil that leaves $23.75mil plus the cash generated since July 1st. Nice. Ory mentioned in the presentation that he knows the guys at Catena Media to 'go have a beer with'. Catena has tried to replicate XLM by acquiring expensive assets in established markets taking on a lot of debt in the process. They trade on the Stockholm Nasdaq at a PER of over 20. There current market cap is £392 million which is where XLM's will be shortly IMO and thats just for starters. Whilst discussing their merits Ory said that he wanted to see more organic growth from them and proof that they could grow the business in that way. After all XLM has been leaving them standing in terms of organic growth. Afterwards this got my mind thinking why would Ory like to see organic growth from them? One can only wonder about the potential of a merged XLM/Catena Media online performance marketing behemoth...Food for thought I suppose but personally I think they need Ory far more than he needs them. Ory's got the Aces. Onwards we march.
Apologies wont let me do paragraphs on my phone. Was interesting to note that XLM are still well under the radar. In March there were 13 attendees. On Tuesday there were 18. The herd will arrive in due course, all the better for us. On acquisitions Ory stated they have a constant pipeline of potential. It could be anything from $200k up to $100 million. He is very selective and only adds those assets where he sees real value and return on investment for shareholders. For the first time they are now lining up potential debt financing to increase the growth trajectory if they see appropriate targets. I expect the market would look very favourably on this if it happens. Inbal went on to explain that when they aquire a website they are able to strip away most of the cost base (staff, old tech) and bring the asset in-house using their proprietary tech which then greatly increases productivity, margins and ultimately profit. I see it as XLM (in Publishing) now having a 'Website money tree.' They can feed in any half decent money making website with traffic into their 'machine' and out the other end pops a leaner, smarter, busier, interlinked, higher margin, tech driven growth asset. And their tech capabilities are growing all the time. Is there a limit on growth such as this? I don't think so IMO. Cyber Security they see as a future growth engine so Securethoughts.com is a foothold in the space and one they can test the water with. Chatted to Ory and Inbal in the lift on the way out. They had been all over the City non stop for two days 8am till 6pm. And the following day was more of the same. I assume they were meeting II's and I get the feeling more tier one institutional investors will be coming onboard in due course.