Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Best of luck with your approach
For me this was a bitcoin punt or a throw away SPAC like punt, I'm 40% down and watching, I only invested a dividend from another stock so very much a gamble here, I liked the potential court case case and I like the potential upside from bitcoin going mad, but in reality and working in a similar industry this is mostly noise about what could be done, for example FPGA, something I studied at Uni in 1999, its still relevant but not a material thing that will directly relate to excitement around this stock.
For me, machines (hardware), energy reducing tech and some tangible progress like we have a site and purchased x machines and this is the outcome expected along with a timeline as opposed to have hired a bloke who once knew something who will then investigate something and then something might happen lol.
DYOR - I'm holding , if nothing else we might see a return for the court case, but my expectations are that will get thrown out on a technicality or there wont be any money at the end of the case.
Just a load of tech words thrown into an update, if these fly (I am holding) I will be highly surprised , basically a cash cow for the owner.
Biggest punt since Quindell
DYOR
Think things are moving in RBG's favour, lockdowns, testing and revenue going the right way, lets hope the numbers are massive and we stay open for Christmas and we will be firmly in recover mode.
DYOR
Completely on point with ESG requirements , I wonder if this puts them into the ESG funds list and adds buying pressure to the share price.
More positive news can only be good for holders, I think the UK still have 18months of rapid expansion in terms of building so as long as SRC can get it out of the ground and get it delivered then things are looking good.
I'm wondering if I should reduce my position and take some profits , original buy price or circa 40p , being patient usually pays off.
DYOR
: Bernstein starts Vodafone at Outperform
Various Eateries PLC v. Allianz Insurance PLC
Another restaurant company is seeking to recover almost £16.4 million from Allianz in respect of losses suffered during the COVID-19 lockdowns, specifically £15.8 million for decreased turnover, £520,000 for increased working costs, and £30,000 in costs for the claim. Various Eateries’ claim for losses falls under different categories in its policy, namely the prevention of access clause, the enforced closure clause, and the disease clause. Relying on the FCA test case, Various Eateries’ position is that each lockdown and each set of restrictions constitutes distinct events under the policy.
I think it's likely to go ahead as they have already received 2.5 up front , this should give the re opening and expansion a real boost
Buy the recovery is my play here
I think M&A is rife for this sector, time will tell
DYOR
I was lucky enough to have bought back in at these levels, slightly under water but received the divi so am content enough, I think the telecoms (media) sector is somewhat un loved right now, I do wonder if the M&A activity though , around a big boy like a BT or Vod could become reality in the same way the supermarkets suddenly become attractive, although the debt seems to keep potential suitors away.
Someone or someones bought a large stake in SRC from the sellers...... last three TR1s are reducing their positions , I wonder why.... profit taking or something else....
Shows you the competition..... when was the last time you wore or bought a new suit for work and M&S have just realised this, Boo turn around a line of clothing in days, not 18 months.
£BOO the market will be waking up to this very soon.
I expect some consolidation in the etailers before the end of 2021 as the market matures, it could be an interesting period before Jan 22.
https://www.retail-week.com/department-stores/marks-and-spencer-pulls-suits-from-half-its-stores-as-demand-slumps/7040505.article?authent=1
DYOR
The good news keeps on coming,
https://www.dailymail.co.uk/news/article-9941815/Ministers-set-unveil-8bn-plan-build-119-000-properties.html
Huge investments by UK PLC.
Still it goes up, really positive noises coming from SRC, the number for the enlarged company should be easy this year , then the real challenges start to maximise the combined company along with the further acquisitions, I'm expecting yet a bigger deal in the next 12 months, with backing from borrowings and a placing at higher levels to really push SRC along, whilst the EU/UK is spending large on building anything , I think SRC are really set to continue their growth.
The only flaw here for me is if another company tries to buy SRC before the journey is done, lets hope that SRC can stay independent for at least 36 months to get the full potential out.
24 month target price for me, is an eye watering £3
DYOR / IMO
no volume, everyone is in holiday mode, wait for sept, then the melt up into Jan 2022.
any views on potential dividends from SRC, guess they are in acquisition mode for the foreseeable future so no divi'd , but personally, I think in the medium term dividends are likely to follow, which for me is the compelling part of SRC strategy to go from penny share to medium size company, lets hope no one else notices what good job is being done here or else it will be come a target itself.
DYOR
+1, this looks like a tremendous update with the acquisition numbers to be folded in, the next 12 months likely to repeat what we have just experienced in terms of share price growth, anything between £1.30 and £3 for me, nothing not to like as long as the resources and deliveries are maintained, the UK&EU is going to need resources for big building projects over the next 5/10 years to keep the economy on track.
completely agree that with time, medium term 2-3 years this will progress (with some serious swings) north of £10, its just a matter of time in my view.
DYOR
much better from Boo, paying into the UK by being a UK company, hopefully the beginning of the end of the teething trouble with the media, we should be looking after Boo as it could be a global leader for fashion and its British which means it could be the driving force of build back better as opposed to something we dismantle and replace with Shein!!!!
Slightly biased I know (being a shareholder), but I think I'm on the right track for the Uk economy.
DYOR
plodding along, think this has 12 / 36 months to plod with the reconstruction (building) of the UK economy, seems like 120p possible in 2021 , hardly goes down , but often goes up, potential for a rerating or indeed some acquisition/M&A activity here.
DYOR
I also like SRC
Trading at 86% of 2019 on 26% of the capacity BEFORE the remaining restrictions were removed on 19th July suggests the next TU will be another "significantly ahead".
This is the big for me, I should think this is more like 120/130% now....., lets hope it continues , I'm also in the 30p target,
DYOR