The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I see the trend of taking this down despite the already way over done drop is continuing. Better shelve this for a few months and let them mess with this until they’re ready to take this to a serious price
How funny, I was thinking of you today Tech! Trying to remember the other guy that did a complete 180 after ramping this share to high hell. Hope you are doing well! Think I’m looking at another 5 years here, but at least it’s my only AIM share.
Very happy with todays RNS although would have liked more concrete confirmation that there are no fees to pay for Maxwell's legal fees. Glad I bought a huge chunk last week, sitting at a more comfortable average, and hope to see a step up to 1.5p where this should be, before seeing some licence deals and increased profit forecasts to take this back to 2.5-3p. 8-10p still final target.
Anyone who sold at this price is an idiot, or it’s so low you might as well just hang on. Even if the companies going to 0 there’s still the dead cat bounce to get off at. Hopefully though they’ll turn things around this year and start growing based on what should be higher and more lucrative deals
I worked out my losses based on 0.80 today and they’re not too bad. As always never invest more than you can afford to lose. Still happy to keep this as a puny, but think the original 10p target might need to reduce to 8p. Glad I sold most at 9p years ago.
I think questions we need answered are how much the total fees to pay are for CPX. We are debt free so can we afford it without placement? Will the BOD appeal or do they feel it’s pointless? Regarding the patents they were fighting, how important are these to CPXs overall business strategy. Are they items we can afford to lose to public use, or were they are core part of the business?
To be fair the moment I knew this was in front of a jury I had my reservations. They were never going to make an educated decision. Thankfully markets have been up the past week so will absorb the loss. After 8 years I never believe hype like takeover and win already decided. I’ll just leave this share as the punt it was and hope it will meet its potential one day. Maybe they’ll appeal the decision but it’s a pretty serious loss that allows Maxwell to continue to use their stolen technology, and produce it on a larger scale
This is the ultimate share to be taking a punt on right now. MMs have no reason not to move it up as we wait for news to drop early next week. They make money either way. Good news the SP flys and they can make money on the spread as people flock to buy. Bad news they make a killing on shorters. Hopefully see another 10-20% tomorrow in anticipation of news. GLA
How has CPX let us down? They've had a slew of new contracts over the years and consistently developing and updating their technology, they have money in the bank and lowered their debt year on year and have been fighting patent infringements, which is timely and costly. Yes the share price has lowered, but CPX as a company have been doing what they should be doing, it's just unfortunate that as an AIM company it's not pumping up on any positive news like 99% of others. That's why it's always a joke when a new contract comes out and the sp drops 10%
I think Musk has bigger problems with his poor financials at Tesla, and reports investors aren't seeing his products as luxury anymore. I doubt a takeover is being considered, although happy to be proven wrong. Ultimately this is being brought down by a lack of news of substance and lack of interest in the company. Its fine to say theres a big payout coming, but we've been waiting years for this to be settled, whose to say in December this doesn't get pushed back yet again. The company has a great product and a new CEO can hopefully focus more on the marketing and sales side now AK has completed most of the R&D. The other directors still have their shares so it is in their interest to at least get this moving again.
Despite your views on Rishi Sunak, I like his style of delivery that is to only talk about something once it is completed. No point in show boating and talking about all the deals and potential sales if nothing has come from it yet. I don't mind waiting if the company want to only report when there is something worth reporting.
Everyone knows Musk massively effed up with the Twitter purchase, and he massively overpaid. It wouldn't surprise me if his lawsuit is an attempt to shake the share price down so he can make a lower offer and save face with the Tesla board.
The RNS says good things, but it is still a case of jam tomorrow, and a growing number of pipeline sales, but we need to see these realised. Still I have more optimism from this and with a new CEO than than I did a few months ago. Just annnoying the court case keeps getting dragged out when it's obvious we've won.
Possibly. If results finally end up being positive, the court case finally delievrs or we get takeover interest, hopefully we will see a boost to the sp, my target has always remained to sell at 10p, and I believe that is possible on all 3 counts.