Member Info for JPP88

Another super positive RNS.

Buys around the 2.7p region are going to do very, very well from here.

Today's RNS is an R&D agreement with a supply chain also.

All the hallmarks of a recovery play from here.

If this opens ANYWHERE 3p I suspect the MMs may have their pants pulled down... What a wonderful RNS 🤯

Graft Polymer, (LON:GPL) the specialty chemicals company offering modified polymer solutions for refiners, compounders and processors, is today announcing the completion and commissioning of a bespoke production equipment site in Slovenia which is due around the end of July 2023, doubling the company's production capacity.

The company operates in two dynamic sectors with strong growth prospects - the global polymer market, set to grow from US$590 billion in 2021 to US$947 billion by 2030 with a CAGR of 5.4% over this period (source: Prescient & Strategic Intelligence); and the global drug delivery devices market, set to grow from US$78.09 billion in 2021 to US$124.83 billion by 2029, with a CAGR of 5.6% over the period (source: DataM market research, November 2022).

Solid business model, organic growth..

No idea why it's so cheap but I'm in at 2.7p

Ridiculous price as far as I can tell. Was 10x this price in January with a £25m mcap.

Mcap currently £2.8m

Not a lot of downside risk here.

Dropped 30% off nothing?

Leaky? Fundraise coming?

Looked cheap a few days ago... Now it's sat at a £3m mcap.

Was available on the bid at 2.78 for around 2 hours before close.

Any ideas?

We have a Nav of roughly £9m

Mcap is £3m

Company holds 1.6% of Yourgene, which has just done 150% today

Can't imagine there's too much scope for the SP to get any worse.

RSI is ridiculously oversold, and the Yourgene SP boost may well be a catalyst for a recovery.

Raced back up to a .30 bid

MMs tried to open at .22/.25 and got absolutely cleared out.

The bottom is in here.

Effectively comes down to whether CanMax believe the FM is enforceable. If it is, and the two companies can come to some other arrangement, or at least allows Prem more time, then the SP fall is a huge overreaction.

If CanMax want to make things messy then that's a different story, but inevitably the lithium hasn't gone anywhere and we're close to production and offtake.

The linked text is on the Shenzhen Stock Exchange website

Szse.cn

Totally legitimate website and we will see an RNS very shortly .. probably tomorrow morning before open... Potentially with the yearly accounts?

Yeah maybe I'm blinkered... But canmax terminating their agreement isn't awful .. sure we owe a lot of money to them, but there will be many interested parties at this stage..

It's on the Chinese stock market and Reuters have picked it up - it's definitely true.

Regardless, at this mcap for an active lithium producer, we could see a quick recovery in share price if we are lucky..

We still have yearly accounts submission to come before close of play Friday COP

That and a well worded RNS could see the SP double from here

All IMO only.

The worst is priced in now.

.30 is a gift price if this does eventually come good.

If the business is sold for a sum, then that sum will be distributed back to shareholders in the form of a return of capital or special dividend

That looks possibly the most likely outcome. If the business gets bought out privately for £10m then that would be a 5x return from here, excluding costs.

Would likely pay a special dividend.

See AMC for a similar example.

Reward Vs risk is far too great...

Buy.

Bottom looks in around .38, moves very quickly.

Nice dividend, good profit yield Vs mcap.

Looking like a recovery back to 2000p to me

Two large sells printed from yesterday afternoon.

No sells today.