Member Info for Hardboy

"The important thing is to take a longer term view and ignore the daily swings"

Short term moves in the market are driven by emotion (greed & fear) [illogical]

longer term moves in the market are driven by rationale [logical]

I never check discussion boards over weekends. Maybe I should.

Many many thanks DS for all the time and effort you put into this weekend for posters on this board.

The Buffettology Fund (SANFORD DELAND ASSET MANAGEMENT LTD ) monthly news letter mentioned BVXP specifically and after outlining why they are so positive on BVXP they said they had never seen the CEO looking so happy as he did at their last meeting.

yes that director buy seems to have restored some confidence. But things are still going to be tough for a while - end users are struggling with rising costs, let's hope the next trading statement will be more positive about the future.

And what I hope we begin to see in the second half is the economies and benefits of their new site. It should reduce overheads (though of course it's increased debt which needs servicing, but that has come down nicely this half.) make for more efficient operations and give them far more flexibility in production.

If you mean today's block listing RNS it's neither good or bad really - just everyday life.

The company give staff share options which they can exercise at certain times, this is an application for new shares to satisfy staff exercising their options.

You could argue it's bad because it dilutes everyone else's holding slightly; but it helps keep employees with the company.

Nice to see a good buy from a director

"you would have to be a pretty extraordinary private trader to make more than 2 or 3% from that."

If you can make 2% in a day, it is equivalent to over 130k% pa (compounding.) I'd settle for that!

I've never known a company announce it's AGM before it announces its finals.

And what's the excuse for delaying the finals: ""AFC Energy is working with its auditors to confirm the appropriate accounting and disclosures for the revised agreement within the accounts." This is something that happened after year end so has no bearing on the finals. Current year trading is always nice to have, but can be fairly vague - s no need for auditors' agreement.

This is super little company, which a[[pears to be well run and growing nicely through well targeted purchases and diversification. I was a long term holder till the pandemic came (when the world was staying at home - didn't seem a great future for businesses dealing with transport.) Would love to buy back, BUT at a decent price - the current PE is around 80, which is ridiculously high.

"futures bright" - lit by LED lights

"Well now all bad news are out right?" - If you've been following events you will know that the share price began to tank from 100+ when the CEO was sacked with immediate effect, and a VIP service was shut down. That started the rot. There is an ongoing internal investigation into whatever irregularities caused those decisions. As yet we do not know the outcome.

When CEO's get kicked out immediately it is never for anything trivial.

Until we get the results of the investigation, all the bad news is NOT out.

Of course if you've not been following the story and have not done your research, you won't have invested yet, so not a problem

"Reckitt climbing while the the majority of shares plummeting"

It's not unusual at all - Reckitts is seen as a safe harbour. So when there is turmoil you often see Reckitts & Unilever bucking the trend

Admittedly I've only scanned the results announcement, but I was disappointed not to see anything about possible deals in N America. They did say since the Biden Green Energy deals they had seen a marked increase in interest from there, but nothing mentioned here that I could see. They have Asia with Waichei & Dooson, they have Europe with Bosche. They need a big partner in N America.

Today's RNS is Good News - OK it starts off saying this year's turnover & profits will be below expectations because of project milestone delays (so the money will come in just a bit later) But the Letter of intent for a £145m 2 year project is excellent. Bear in mind an annual turnover of 20m+ is very rare for them. Also it will mean for the first time for a long time, if ever, they will have 2 large projects on the go at the same time.

And when there is a realistic pipeline in the billions, and the transceivers business is almost large enough to support the business without any contract income, things are looking good!

I wonder if it's time to open my jar of jam!

The results were pretty much what was expected. Raising the dividend by 5% (it's 7.35p oogle - if you don't want the 0.35p I'll gladly have yours.) shows they are confident that is is a blip rather than a prolonged problem. The commentary on the current year trading is a bit more of a worry, as the demand seems to be weaker for longer.

As long as there is a demand for meat around the world ANP should remain profitable. But rising costs and lower demand (as end users are facing the same rising costs) means it's likely to be tough for some while to come. At current price PE is under 13, yield is approaching 5%, so it looks cheap, but markets are probably pricing in lower earnings. So I agree with Oogle - one to watch.

The results were pretty much what was expected. Raising the dividend by 5% (it's 7.35p oogle - if you don't want the 0.35p I'll gladly have yours.) shows they are confident that is is a blip rather than a prolonged problem. The commentary on the current year trading is a bit more of a worry, as the demand seems to be weaker for longer.

As long as there is a demand for meat around the world ANP should remain profitable. But rising costs and lower demand (as end users are facing the same rising costs) means it's likely to be tough for some while to come. At current price PE is under 13, yield is approaching 5%, so it looks cheap, but markets are probably pricing in lower earnings. So I agree with Oogle - one to watch.

" results out this week expected to make a huge loss and with cash drying up," A year ag o they made a loss of £23m, and had net cash of £250m. They will have to increase their cash burn one hell of a lot to worry about running out of cash anytime soon.

"Is that synthetic meat the same as Bill Gates synthetic meat that causes cancer in humans?"

I've heard/read quite a lot about it - the main term seems to be "cellular culture" - I've not heard any mention of Bill Gates. Jim Mellon is behind an Investment Trust called Agronomics which invests in this area.

Someone on Ian King Live was predicting it could be a $500b market within 10 years.

"no Rns ???"

Companies don't put out an RNS on the day they go ex div because they have already announced it - invariably they say when the payment and ex div date is when they announce the dividend - usually with the full year results and the interims. (Though sometimes it can be difficult to find.) There are various service providers who will publish a list of what companies are going ex dividend that week (ex div day is always Thursday - no idea why) Guardian Stockbrokers is one. And this site may help you
https://www.dividenddata.co.uk/