Member Info for Hallowed

Thanks for the replies and yes, I didn't realise deleted posts as just logged on.

What do people think of the 3 large sells 72m @ 31p (10:46)? Unusual - are these really sells or if buys then it's market manipulation. Thoughts?

Lexlugar, there's a lot of things there we don't know. However there is one thing we do know...your 'target' SP of around 0.25p won't be reached this summer (I seem to recall you mentioning this a while back). Stay conscious, stay well (and stay invested here for the re-rate in the summer).

I agree with most...this is more of a healthy dilution (4.3%) in the context for growth of revenues/earnings...I think the summer period will finally kick off the first leg of this re-rate. GLA!

"I watched the film Money Monster last night. "
----
Not seen that one but will watch. it.

However I can imagine the good-looking, charismatic AZ starring in a new movie this time next year based on unicorn companies called "Cash Cows"...come on AZ let's get the ball rolling aiming for that magic $1 billion Mcap!!

"as shareholders, we are treated disgracefully."
---
That's about the only accurate comment I have read here for a while....

AMC did a placing on 25.8.20 @ 1.75p (to buy the CLN's @ 14% pa) about the same time as Habib joined and so he brought this business to AMC. Now he left and the deal went with him.

Around 8.10.20 an orchestrated rise in SP to 3p allowed those who bought in to get out and almost a year later LTHs still left here holding at 1.6p.

Shareholder value no longer has the same meaning as a rising SP. If only they had orchestrated an average 14% rise in SP over the last 5 years, LTHs could have doubled their investment.

Now speculation re T/O. Even if it happened, the acquirer will most likely acquire lucrative resources at knock down prices.

Too many horror stories where resources are discovered (the PI pays for it) and the resources gets bought out at a depressed SP level. Hopefully AMC will be the exception to the unwritten rule.

GL.

“AH may still hold the shares as a PI. The only thing changed is him not being involved.”
——-
He’s not stupid to put money into a stock which has been financed by multiple share dilutions over the years….

"The question is, what will come first
a} AGM
b} News on West Newton
c) Fund raising and dilution "
----

Well, a) and b) will happen this month but why raise the need for funds when RBD already raised £7.5m (@ 0.55p) end of Jan 2021 and still held cash at bank of £6.8m in June 2021 (as per RNS 10 June 2021)?

“Dilution of over 50% !!! only gamblers would start to buy this .”
——-
Real gamblers want better odds than this mate…

“Price at an historic low and cash in the bank...presumably most investors would see this as a buy.”
———
Hiveoff….Hmm…..no (unless you wish to be a typical LTH holding paper losses…then you might be right).

You seem to be the ‘leader’ on this BB (given volume of posts) but having looked at your posts before this raise, I really hope not many get influenced by your nonsense.

To bring some balance here, sometimes better to cut losses and learn from the experience and make up the capital elsewhere (not saying do it now or do that every time) rather then continuing making the same mistake….diversifying, managing risk etc all key to winning in this game (unless u get a lucky with a one-off).

Wow! I expected the dilutive financing arrangement but not to this extent.

Forget their '33% discount to closing price of 3p' - the impact of issuing 500 million shares i.e. 56% dilution (500m/888m) is massive - it will take quite some time and some massive catalysts for the SP to recover. I feel for the LTHs (been there, got the T-short).

Real shame as I think they're in the right space at the right time but will take a bit longer (and hopefully no more surprises at the expense of PIs).

GL with how you play this.

“ I dread to think what would have happened to the share price if that were communicated”
——
You’re kidding right…it’s already happened. Share Dilution over the years and lack of JV has taken care of that. A deal has not happened for whatever reasons (still no concrete road financing in place after all these years).

Downside from current level is perhaps minimal but so is the upside (sadly). Nothing much to see her until they come forward with concrete strategies/KPI’s that they can be measured against.

"This excites me

The addition of the copper revenue will likely have a material impact on the results presented in the independently audited February 2019 PFS." "
----
There's been soooo much excitement in AMC over the years...except for the SP which is dead and buried. I learned though it's a great stock to be in if you have a desire for spiritual practice - learning the art of patience (all about being in the present moment).

One day LTHs will learn to pick stocks the proper way (I learned the hard way) and even make some money if that's what we're here for. Could be wrong though. GL.

“ I have been trying to trade it now and then”
——-
Angus, what’s your average price if you don’t mind me asking?

Just as excited as most here...nothing to add, it's all been said. I suspect though we will have several more weeks before the key catalysts are released but released they will be and that will kick off a major rise in SP. Well done all for holding..

"- You speculate that slow digital B/L takeup and guarantees might have been a factor in the agencies not proceeding. These factors would normally affect TF's ability to process transactions efficiently/turnaround times, not the credit rating itself."
----
Not sure I agree, it's not about the "efficiency" of their platform (they've proven it works efficiently) but its about the rate of growth of profitable business in the near term i.e. they could not get a large enough volume of new business (from the Banks) to justify the bond issuance at the time due to the restrictions, as pointed out by TJ).

As for your other points, fine.

We all know the score here...massive news flows (IM etc) is now imminent that will undoubtedly affect the trend in SP

It almost feels like a 'binary bet' at this stage, as I am not seeing any volumes, no aggressive price move yet and we are still below the 200MA.

We wait with baited breath....GL.

“ It's in talks with ratings companies to eventually sell a senior note, raising as much as US$100 million, he said.”
————-
It’s quite telling that TF was in a position to consider this form of financing but in the end didn’t of course happen.

I suspect the speed at which they had hoped certain conditions to be in place didn’t materialise (ie rate of take up digital BL’s and other guarantees in order to take away a bigger chunk of banks’ business) but didn’t happen… SYME came into the picture and said ‘your track record combined with our platform, financial contacts and global vision provide excellent synergies to achieve the desired growth prospects moving forward in this relatively new space’.

SYME got 3% dilution as a result and a new branch of business combined with unsecured CLN’s (as opposed to secured interest credit at this stage of the game).

CLN financing for smaller cos has typically lead to substantial share dilution as the loans get sold down (converted) at discounts.

However, AZ has addressed this and said first tranche of loan can be repaid 100% cash and IMO after further consideration there is no reason why remaining tranches could not be sold down at perhaps higher (not lower) SP due to ongoing growth in SYME business - but I can only see this happening if we get a strong uptrend in SP.

Larger companies with strong growth can choose a mix of unsecured/secured loans depending on the SP performance.

So the SP is everything (not to be confused these days with ‘shareholder value’) regardless of whether you’re a LTH or trader.

In conclusion, after further consideration, these conversions do not necessarily have to be fully dilutive - if we get the key catalysts that lead to a rising SP based on anticipated strong revenue/earnings growth.

AZ over to you…

SP hast been on the rise and next week we have to sustain this if a re-rate is on the cards...AZ loves to go down to the wire - I can only assume he loves suspense movies :-))

Next week they must report 2020 accounts + AGM + most likely Trading update as the figures are in... if all goes as we expect, then we should be back in the money by beginning of July and start an uptrend in the SP over the summer.

GLA!

typo alert...'to 30 June'.

Thank you for the witty posts, I had a good laugh. Let's hope it won't be the last after SYME release their 2020 accounts and trading update to 20 June. GLA.