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Can you please find another contract somewhere to cheer me up. I contract for 3 million Chinese food intolerance tests would be perfect. Thank you.
Don't agree this can only go up. We knew major shareholders were dumping yesterday and still had stock left to dump which I thought would spook a load of shareholders today and we would be hit big time. The sp dropped by 10 percent and and that's a great result as we now know the big sellers are gone! Huge relief for us all. Why brh and PR sold who knows but they probably have that many investments and just set targets to meet. Rms reached their target a lot quicker than they were expecting so they sold. Its a good approach and wish I used it more as I would have sold and rebought rms several times by now but got greedy each time. Onwards and upwards now.
I can't get over it. 18million cash with a market cap so of £15million. Its unreal.
I'm in rms also but thought I'd spread across both brh and rms as saw potential in both.
Really hope rms can recover back to the highs.
BRH I am excited to hear what will happen over the next few weeks.
I was gobsmacked in all honesty! Thought I'd do a bit more research about the company to see where I think they'll spend the money. Really have no idea. But it surely does de-risk out investment knowing they have that sort of cash behind them now. I mean in all honesty £15million could be the kind of profit RMS make from the mask over the next year with all their hard work. BRH have made it without much effort and expenditure! Its a pretty good result for BRH shareholders if you ask me.
I am in RMS too so on the other hand its effected my holding over there. Luckily I bought in at 0.7p so enjoying seeing the crazy hourly swings at the moment.
31st October 2019 RNS....
Dividend wasnt much but with the figures they published in 2019 you wouldn't expect a dividend at all!
Interim Results
Braveheart Investment Group plc (AIM: BRH), the fund management and strategic investor group, today announces its interim results for the six months ended 30 September 2019.
Key points:
·; Revenue of £250,000 in the six months ended 30 September 2019 (2018: £509,000);
·; Loss of £122,000 in the six months ended 30 September 2019 (2018: £113,000 profit);
·; Loss per share of 0.48p in the six months ended 30 September 2019 (2018: Loss - 0.42p);
·; Dividend of 0.5p per share paid in October 2019; and
·; Completion of acquisition of 100% of Paraytec Limited in October 2019.
Thanks for sending on.
Interesting to know that MHRA can take 6 months! Not like we are in the middle of a pandemic and could do with it fairly urgently to assist on the vaccines etc! Surely if they can push vaccines through the approvals as quickly as they will do, MHRA can work a bit quicker. Well lets just hope we get approval before 25th December then.
Does anyone know on what grounds MHRA could be rejected?
How do you participate in the Abingdon IPO then? Require an invitation?
It's about time. I cannot believe the market cap at the moment. Wish I had more money to top up!
Agreed.
Just been doing some more reading up on their existing investments. Seem like they are getting some steady growth in the turnover from these businesses also.
Wonder if they will choose to increase their stake in a number or them.
I notice that in 2019 BRH paid a 0.5p dividend per share when their turnover was around the 250k mark.
At the time she SP was around 11p - thats a decent dividend.
Surely we should get some news on a dividend now we have £15million??
My view is that BRH saw the volatile SP that was being led by the RMS share price and all attention was on RMS news not on the current BRH projects. They wanted to move away from that and sold up at a great profit.
The cash they have now can be reinvested and I am excited to see what they choose to invest it in.
I mean you'd expect a company with a market cap of £15million to achieve maybe £1million profit per year - BRH have just generated £15million in one year. Its pretty crazy and much more than they were expecting.
I know they said they are looking to keep RMS shares for the future but they probably thought they would get to an SP of around 5p in 1 or 2 years not in a couple of weeks!
N4P are not a covid play at all. They are using the covid vaccines as an example to show how Nuvec works etc.
The aim for me is if successful, they could get a tie in with a vaccine manufacturer for say 2021. We are going to need the Covid vaccine for years to come and if Nuvec can show that its easy to administer, cheaper to store and transport etc we are on to a winner. Exciting times ahead and great research note!
Forgot to say copied and posted from another member. I haven't personally contacted them.
Looks promising though. Good sized company and have a UK base too. Great we have a direct link to distribution in eurpose particularly with brexit!