Member Info for GreenEyes1

Just an observation, I have no idea how to interpret it, I've noticed it before. The sell offer I get (AJ) is 14.55 but the value of my portfolio is still showing as 14p. Not that it matters but I've always wondered why it does that (perhaps due to the number I hold).

Thanks NickE - it points to a match made in heaven! What we all want to know and what AI can't answer is what deal (as opposed to will a deal) will be struck!

Jimzi - The quality of the answer depends on the quality of the question. My dalliance with AI summarised 1. Revenue and Financial Performance 2. Product Portfolio and Market Potential 3. Aquisitions and Strategic Moves 4. Market Sentiment and Comparisons. 5. Product Innovation 6. Regulatory and Market Risks.

If I were to pick out the reason for the current low valuation I would select points 4 and 6. Both can be 'repaired' by the positives found in points 1, 2, 3 and 5 once they are backed up by certainties, contracts and official reports.

So regrettably I take from this what I think I already know. Patience is what is required!

This will face a battle to stay above 13p until news is reported. ON THE FACE OF IT the biggest purchase we've seen of late had nothing to do with anything that took place in the business (at that precise time - so not a leak) and was simply the right time for the investor who was well aware of the business case as least as far back as the AGM. We'll never know otherwise. Other large purchases have been placed amongst this community who are equally, to our knowledge, in the dark (or light).

Whilst there is reason to be very optimistic (why wouldn't they want a stronger, animal free back up in their portfolio at the least), it's worth remembering what was reported Dec 23 "While there can be no certainty that the parties will progress to an agreement, an MTA is the preliminary step to further collaboration." Provided CM moves in the right direction nothing catastrophic should be on the horizon. The choice remains take a risk and a very low entry point or wait and enter much higher. One day I hope to be grateful for the long buying opportunity I had. GLA

It's a nice thought, I have learnt through experience with RUA not to hang on to such hopes (but it is hard not to). I certainly think something is due imminently (update on Abiss DD) but I won't hold my breath, that would be bad for my health.

The variables on the successful outcomes of RUAs current activities are so wide. It doesn't take much imagination to see how your target of 200p can be achieved and I don't think it is an unrealistic target. The ducks seem to be in a row so the near term should be an exciting time for the business.

IMO if RUA have an existing relationship with the customer they would have been well sighted and reassured on the order book, so I don't think revenue is a risk.

I read a litigation regarding product safety was won in the last few years, RUA would have paid close attention to the details of that and image taken insurance of some sort to protect against future litigation arising from it, I say that from a low knowledge base but I'm sure that's what businesses do on acquisitions.

My concern is operating a factory in France and their expertise to do this. I assume they will implement some of the efficiency measures they so skillfully have done in the business over the last year.

I also see issues as low probability but look forward to hearing their report on the results.

I won't flyinghigher, I've seen all the 'buying opportunities' I need and now hold way more than I even planned!

And the day traders can't be doing that well with a spread of 8%, they'd be well advised to do some research on the company and choose the long term approach.

I'll take the volatility rather than miss out on potential multiples of the current SP. RUA have never exactly bombarded us with news but there are multiple projects and developments in late stages that on a single RNS could send this twice / three times or more than the current SP. Getting in early brings extra risks but you won't get invited to a party like this one too many times. (Of course I take it all back if it goes tits up).

Hopefully the conclusion of due diligence will hammer home to the wider market what this actually means. It's not just the bargain that it appears to be, but it is a massive catalyst for the company to profitability and it's viability as an ongoing concern (not to say that is an issue at the moment but annual decreases in funds is not a good look). Off the back of it there is organic growth and industry awareness / reputational benefits.

RUA have no barriers to access all areas of Abiss so I'm thinking DD should be a four/five week process, hopefully there will be an RNS on the matter within a couple of weeks. Maybe that is the springboard for the SP.

"I feel that new news is a necessity to keep the momentum trundling along beyond 20p." You could not be more right with this statement!

I think persistent selling is going to haunt this one for a while yet. The long game is where the money is at.

In the short term we can reasonably expect news on:

*MTA approaching 12 months

*New CM orders that have been in initial phases for approaching 12 months

*Conclusion of due diligence

*New research note with new target from Cavendish

*News on grafts strategy taking into consideration strengths / weaknesses in the financial position of the company

*H1 company report

It should be a good quarter!

I did not know this, thanks. That and no one is running for the door, the tide has truly turned.

Trades are smaller than yesterday, that says to me they are FOMO/topping up whereas yesterday saw some big trades (that can't help make you think about what they know). We've got used to a bit of retracing after good days, so this is pleasant!

I make that 11 transactions of 38K shares or more (including two at 75K, 100K and 285K), we've not seen that number of large purchases recently. Normally FOMO follows a big buy or two but this looks more than FOMO today.

I can't help wondering, why now?

Just a little under six months ago the SP was... 12.5p, even then that seemed cheap although sentiment was very low. This was off the back of a business update that wasn't especially revelatory, but was positive. If you think of everything that has happened since and that no change in the SP has taken place it points to a very tightly coiled spring.

It is going to take a really good RNS and I agree a decent DD report and rerate by Cavendish should do it, but equally none of the other good news recently has stuck regarding the SP. I still believe there will be sellers at 13, 14, 15p etc, until big news lands.

How long can it remain subdued - the year end reports will show a massive jump in revenue and even profitability (if not then, then maybe 2026), or sooner than that, there may be progress with the HV.

Personally, I think there will be enough revenue to self fund grafts, but that revenue will need to be booked first.

This still looks cheap for the business and crazy cheap based on potential growth, dare I say any money invested should be pretty safe from big drops (e.g. in the event the major decides not to move forward with the HV).

Edwards Investor Conference Dec 23 is an interesting read, even if most of it goes over my head. It remains speculation until there is an announcement but RUAs material would appear to be a great fit for their portfolio and strategy given it's USPs. Of course none of this is new but thought I'd share the doc anyway.

https://s27.q4cdn.com/788244549/files/doc_presentations/2023/12/2023-Investor-Conference.pdf

A few trades listed on this site look like buys but are listed as sells. Given the lack of buys in general it makes the share look like it's being sold off. Unless they are actually sells.

In a twisted world I could do with some upward movement in the SP if only to remove the reason for topping up. I'm holding too many for my sanity.

D, and well said - to finish my message! Always prefer to hear any view when it adds value.

Agree

We're occupying persistent holder ground now