Member Info for ismalia

Don't know a lot about KAV but taking a look and seeing that POW has an interest in a JV suggests to me that it could have potential. Not a lot of trades so perhaps the PR team ought to earn their fees. Not in at the moment but would welcome constructive thoughts as the BOD seem to have some 22pc of the company.

Thanks for the correction MrI. 0.32p it is.

I feel our MC is still too high relative to CWD.

To be fair I feel a valuation of nearer £50m is more appropriate given the potential. Or about 0.26p. That is now in anticipation of the fantastic news that is to come, but once hat is out then a figure closer to the Broker forecast can be expected IMO 0.50p is not unrealistic by the end of the year.

The construction industry will lead the economical recovery and we will benefit. The order book is such that it count be attractive to a predator. We have a name and a low mc to a relatively high order book IMO we should have a valuation of at least £200m

At the close - not small money

My concerns are that we have had no further updates since the interims and things have moved on, not only with business and their workers but also with investors who I feel need a message of comfort. The pubs and coffee shops will drain cash notwithstanding there is assistance from furloughs and rate benefits. There will then need to be consumer confidence for them to get back into the pubs and I am not sure it will be there for several months. I have always thought that any recovery in the economy will be driven in part by the construction industry but I feel it possible that although the Hasting and SW deals may have completed these may have be done at lower valuations given the current situation. Don't know a lot about cars but there is a churn, and one would imagine this may be kept moving for cash flow purposes. The Life Science businesses look set to be good investments but my experience with these businesses are that they can be massive pieces of blotting paper soaking up more and more cash, even ahead of initial marketing and scaling. trials etc. We must also remember that the IPO showed the new Group with net assets of £450k which included the fund raise. And this was before the interim loss, before the lock down and no income, and commitments of cash for further LS investments. Cash must be tight so I can see a need for a CLN issue as equity would be too dilutive but importantly I feel the need for an update from the BOD.

Having raised some cash from a disposal and having got the interims and the year end figures out we may see a bit more activity. More exploration is what is needed with further grants from the Government.

Not so good.NBES lost more in the second half £210k NBLC lost more £46k NBS lost £54k in the second half against a profit of £258k in the first half. NBIM did well making a profit of £200k in the second half but we only own 75pc of this. MB tells us tha NFI is 12pc higher in the first four months with that dropping down to the bottom line. If it's all NBIM then it's only 75pc.

Fortitude - any thoughts on why we have not had any updates on the progress of the development in Hastings and the property in Saffron W. These were both highlighlited in the offer document and should have been put to bed by now, unless of course both have stalled because of the current problems.

Could be another offer on its way. The metals market seems to be the go to place and we have plenty of it.

Yep, due to debt, fraud, and current climate the lights have been turned off. The one hope for the staff is an overseas offer.

The other major prospect is of course North Kelsey but you knew that of course.

We are now in H2 and can expect first oil from Wressle. Also we can expect positive news from WN and Biscathorpe should also make positive progress. Then we can expect our other major prospect being drilled next year. The recent Broker note targets 0.82p so I would not be surprised if we see 0.50 by the year end. So on what we know the current 0.20p seems a little low.

Take a look at a potential GEM on the NEX market.

I think I have already said that I am not a great fan of DL but he can get things moving and in this case of NQ he was invited to join the BOD by the major shareholders. Also of interest is the recent Broker note that looks for a move to a SP of 21p. It is a gamble as are all similar stocks but I think the needle is pointing more positively now.

Interesting but I cannot DL the article - but I guess we wii suspend and get an RNS in due course.
Thanks DTM you seem to be on the case.

It will be good to have some good PR but first we will need an initial deal preceeded by a decent size raise.

S@V Are you invested here as you appear to have negative opinions. The idea of investing is to invest in something you have positive thoughts about. Should it then go wrong consider moving funds to another investment. Being a stale bull offers little reward in my experience and waiting to get your money back only to sell seems pointless.

Thanks Dan. Well as you say there is potential here. Why would the new Directors consider taking a position in a resourse shell holding a few shares in NQM and a bit of cash. They could have their eye on a target or something of their own they want to bring to market. No doubt they would then move onto a new market. AIM or perhaps more international. A 20 bag sounds good even for my modest stake and I suspect things would move quite fast. We shall see - GL