Member Info for GrowthmanPO

Interested to see that 2 companies in the running, KKR have been rejected so expect price offered less than Advents indication. So could go higher yet. This should fly again on Monday.

So finally some news, talk about leaving it late, announcement to be followed by an investor meets company meeting on the 30th June.

No Bid has been formally submitted as yet thats why and some people will take the profit in the hope it won't happen and then buy back in far cheaper. there is also a play here that you could make £5+ per share if you buy in now, expecting a bid. but for me thats too risky

Now available to watch on Investor meet company website if anyone interested, plenty of Q&A.

So he still has 34768823 shares or just under 9% of company on the 30th May, so plenty still to sell into the market. Sold just under 2% since last update.

"UBS raises Investec price target to 710 (670) pence - 'buy'"

good upside to get anywhere nr that price expectation.

Strange they still haven't issued FY results, according to AIM rules it cannot be more than 6 months following close of period i.e. 31st December, for EAAS, was the close period therefore have to issue before 30th June or the share will be automatically suspended. As previous i hope this doesn't mean a shed load more adjustments, falling foul of the auditors.

These are very late this year, hope not loads of adjustments again. but if this deal was holding them up i can live with that, just get them out next week now with a nice forward looking statement and it will fly.

This was issued in of dec last year

"Options vest evenly over a three-year vesting period. If the Share Price falls in-between the figures specified below, the number of Shares in respect of which the Option Vests and becomes Exercisable will be determined on a straight-line (linear) basis, rounded down to the nearest whole number of Shares. If the share price is less than 9.32p, none of the share options would vest.

Less than 9.32p 9.32p 13.00p 15.80p

John Gahan (Director) Nil option 950,000 2,100,000 2,500,000

Abi Wall (PDMR) Nil Option 532,000 1,176,000 1,400,000

the number being a no of shares not a value at the time.

So these should be 'our targets' for the next 3 years, hope this helps.

Yes i agree, but i doubt its patience in terms of the legacy shareholders its just a want to get out of the stock eventually. problem being 1 such person is Derek Myers, who guess has engaged some broker to slowly reduce his shareholding at a minimum price of around 4p per share, which is why everytime the stock moves up with good news it seems the sellers come a flooding in. looking back he had 10.86% of the company stock at the end of Jan or 42mill share give or take. thats an awful lot of 100K ish sells to hit the market, and he is just one. Its the buying shareholders who need the patience. Don't forget for the directors now to get their stock awards the share price has to be a lot higher than now so they have an incentive to push this company forward. thats the initial target price and time scale we should be targetting.

Am i being thick or what, why in particular are banking stocks being hit so hard with these US Tariffs?

People keep forgetting the impact of a falling dollar. Trump has impacted the whole worlds markets not only with the tariffs but also the impact his policies will have on growth, inflation and the dollar exchange rates, this is just the tip of the iceberg, more to come i fear.

Scrap that answered my own question, he's was a non exec director until may 2023, when he resigned and had 44m share back in Dec 23 (from last FY report)

Yes but who is this guy, why? and i haven't seen the volume to justify that holding.

I agree with the feeling of the meeting, Harvey is sounding very positive, the new CFO seems to be more switched on, hopefully pull this business into what we believe it should be.

Another new development partnership announced sounding more and more positive. keep it coming.

These events tend to be a regurgitation of news already in the market i.e. of the trading update from last week, is what i am expecting. at least we can ask questions even though nothing new can be given out its against market rules.

Interesting article bemoaning the UK Stock market and this deal. indicated it should be Dowlais taking over AXL, they are bigger and only because the Americans got in there first is why the offer is so low. We should all reject and keep out this BOD. obviously only in it for themselves not the good of the company.

Good update, everything sounding positive.

Nice jump in inflows, market likes it up 4% at posting.