Member Info for Gettingthere67

Topped up here today too.

Https://www.voxmarkets.co.uk/articles/value-of-molten-ventures-holding-in-revolut-rises-significantly-4d0d997/

That last sentence (with corrections) should read:

"I know this a speculative share - but I am wondering where realistically the sp should be now - or what is a fair and realistic target for it in the near future... any comments or ideas?!"

I have been looking at how extremely volatile the MV sp has been in recent times.

I notice that in early Sept 2021 the sp reached 1,130. Then just over two years later in mid-Oct 2023 the sp had sunk to maybe around 20% of that - at 218. Such extremes!

I know this a speculative share - but I am wondering now where realistically the sp should be now - or what is a fair and realistic target for it in the new future... any comments or ideas?!

Https://www.voxmarkets.co.uk/articles/molten-ventures-recent-exits-total-124m-nears-fy-target-a8da182/

After (defensively) withdrawing from the stock market over the last few weeks, this morning - and again just now - I have rebuilt a fair holding in MV.

MV announces it will commence a share repurchase programme of up to £10,000,000, starting today.

https://www.sharecast.com/news/Transaction-in-Own-Shares/Share-Repurchase-Programme--dl34452145.html

Https://www.sharecast.com/news/news-and-announcements/molten-ventures-successfully-exits-from-three-investments--17072861.html

Disappointing to see recent sp fall.

After sp rose to 420s - following good company report - I had hoped that the share would continue trading above 400 (or at least 390). Inevitably there has been some profit-taking - but I think share is much over-sold now, considering the company's prospects and potential.

Thanks for your perspectives, Steph, on MV as a long-term hold.

Article from a few days ago.

https://uk.investing.com/news/company-news/deutsche-bank-ups-molten-ventures-shares-target-amid-portfolio-stabilization-93CH-3546570

I have found this:

"Deutsche Bank raises Molten Ventures target to 662 (661) pence - 'buy'"

- though I can't find any link yet to the new Barclays pt.

I found that an informative and illuminating interview - not just about MV but also in the way the CEO talks about the whole AI-inflected business landscape - from an original and thoughtful perspective IMO.

So glad that I re-bought my hodling here a few weeks ago - and added some more shares yesterday.

I note 'The Armchair Trader' wrote this morning:

"Full year numbers are out from Molten Ventures [LON:GROW] today, noting gross portfolio value as being broadly flat but the per share NAV stands at 662p, around double the underlying share price. Management report a productive year and add that they expect to see a step up in realisations, which should put around £100m back onto the balance sheet this year. Shareholders however won’t be on course for a quick boost as the money will be used for NAV accretive opportunities."

Two substantial sp buys AH today - 749.35k and 527.10k

You say: "This is likely to be my final post to this board."

That's a pity. I have always enjoyed and valued your posts here.

Added some more shares here today.

Very glad I re-bought here recently!

Big buy AH:

09-May-24 16:35:16 304.50 145,401 Buy* 301.50 303.00 442.75k

Just happened to log onto MV sp (a minute or two ago) - and at the very moment it updated - and registered at 300!!

Glad to see that again - at long last!

Have read both articles...