Member Info for izstar

yes I agree - same old, same old - if anything date on Ireland pushed back to 'by end of year' - was no more then I expected though
Having said the SP on Wressle alone should be 2p

Roofer you are always pretty close but due a reasonable week heading into next results period so will be optimisitc and go for 93.4

To be fair I read ARR as ranging from 5% (for one company) to 97% for the best performing company - so the average will be somewhere in between.
Typically unrealistic promises years ago that have not been even close to delivered on however investees are in 'interesting' markets and there must at least be a chance this will come good

A shame that this one business that is making 'money in the hand' progress and seems at the point of take off and is listed is being sold off to pay tern's salaries. Quite incredible that they brashly say we can do this because you can buy the shares directly - I had thought that is why we invested in TERN to gain exposure to such shares. The team needs to be dramatically trimmed now. Only positive is that they are at least getting 2.5x the investment but largely to pay salaries I am guessing. The investee companies do look excellent and the market conditions are difficult so when the economy improves I do believe this will come good but when?

I agree with every line of post. I have written to the company in similar terms - no response, of course - something SO at least did.
Yes some minor buy backs and trimming of the team unless of course they pull the Irish rabbit out of the hat .

93.7p, thx!

This company with the luck you always need has such a bright future. Management are super, products super and prospects bright

92.70, thank you!

Thx - good news if that is the case
ATB

The absence of anything from tern of late - totally agree - need the results out good, bad or as I suspect indifferent. SP is shocking.
Worryingly must be in need of more funds to pay their salaries - fund raise at 5p - surely not but what are options?
So much to be positive about in terms of the investees and to be fair it was our board who identified them.

Appreciate the positive post, let's hope so and that they are that prescient!
Will be a happy day when that RNS drops
ATB

Very well said - this looks like an appointment thought to be a good idea over a beer
I am normally an optimistic, loyal person and have never voted against a board save for this one

yes, missed that M&A reference, whose the target, Shell? Hopefully we'll be bought and end the misery.
They finally had a great asset in wressle and missed the opportunity to grow the SP in probably the last period of time conducive to oil companies by gambling on serenity.
No one wants this company to succeed more then me but it has been a horrible investment over a long period of time. As I say I would have used the money to buy back our confetti shares but again I truly hope the board finally deliver -- we'll see

Oil prices up which is good news for Europa but despite the sp being on a long term share crash, terrible serenity investment just as we were recovering, wressle being run by another company we, instead of cutting cost, are increasing it.
This looks like we are heading towards another money squandering project. Would far rather they cut the pay roll, bought back some of the give away rights issues shares back and took far less risk.

Our only hope is Ireland - hopefully they know something we don't - very happy to eat humble pie if that turns out to be the case but I have held shares for many, many years and have heard all the promises before and been rewarded with nothing other than failure. Not the case for our company's highly paid execs,

I think for once shareholders voted against some of the resolutions at the AGM - it sent a clear message - hard to ignore - was refreshing that for the first time I can remember SH's bothered to vote.

yes totally agree - was a superb presentation - again measured and sensible - so relaxed with my large holding here for the long term

yes robust results in line with the trading update
Share consolidation very much needed for the company's shares to be taken seriously, this company has great management and products and after some difficult years will now pick up pace as it goes forward.

I hope so but judging from update it is likely to be progress as anticipated (which is excellent) and I hope an improving picture as we move through 2023. Honestly, for once an AIM company that does what is says on the tin, does not over promise and runs its business in a fiscally prudent way
Hope as you say there is a pleasant surprise tomorrow but I am happy with things as they currently look.
GL

91.4 for me please

All the best to you. I have held a sizeable number of shares for about the same time buying in significantly higher . You have been a stalwart of this thread and will be missed. Would be great to see pay roll cut … I won.t go on
Take care