Member Info for Jurado

I assume the relentless rise in recent weeks is fuelled in part by the special divi - news of which I think we are due soon?

The continuing failure of the market to believe in us is perplexing me somewhat. We had a year's cash left last December but with rapidly increasing turnover and gross profit up nearly 400 per cent in two years. Then last month we drew down £7.5m credit with another £12.5m lined up over the next couple of years - more than in enough to see us into sustainable profitability during 2020.. So I wonder what the resistance to us is. No confidence in the financial projections? Concern about Trump's approach to health? Br*xit? Wish I knew because as far as I can see we've had continuing solid progress.

As I drafted this I saw Sandhopper's post and have to agree - right now I can't see a reason not to buy at this price.

Depends what you mean by update. The company has regularly provided formal half-yearly trading updates in April and October, but Simon's webcasts pop up now and again in between.

I think I should be pleased about debt funding rather than more dilution. I assume lenders have done their research and are happy that we'll soon have the income to service those loans. Having just been dealing with the complexities of convertible bonds, open offers and revolving credit facilities at SXX, this seems refreshingly straightforward. If anyone more knowledgable wants to offer views, that would be welcome - though soon after 8.30 I guess we'll know what the wider world thinks.

Good to see us back around 37p - last time that happened we were knocked back by a placing at 30p, so hopefully this time it'll be onwards and upwards. There's every reason to think that there will be one or other big announcements at some point in H2 which should kick us up a level from the range we've been for last few years. Can't say I've got a target - we just don't know what will come in and what won't - but I'm looking to finding out what happens.

Oh I think McDonalds would love to be the Greggs of the hamburger world. In the UK at least. I'm not sure how Greggs would do on a global scale, but if this kind of growth is to continue then we probably do need to be thinking of how we can do cheap and cheerful empanadas at service stations on the Buenos Aires ring road and turkey and cranberry pierogis at Christmas time at Warsaw airport.

The company tweeted this today about the Mayor Liverpool's plans - https://www.placenorthwest.co.uk/news/rotheram-argues-case-for-mersey-tidal-power-project/ . Wouldn't it be lovely if we could get a major piece of the action if the project comes to fruition? Let's hope we are/will be in the frame.

If you are a holder now you will have an entitlement to buy one share at 15p for every 22 you already own. You must tell your broker that you intend to take up some or all of this entitlement and load your account accordingly. The transaction will take place on 23 May.

Me too - and if the next month for TRX is as good as Rene's last month I'll be very happy indeed. Mind you, I'm not expecting the final accounts to tell us much more than what we learnt in February's trading update (which of course was very positive).

".. turning out to be a sad day for traders who bought yesterday hoping for a quick profit" - there you go, fixed it for you Rooster.

Indeed. BHP price is currently 1828p - which, give or take, would give me around 380 shares. Their last divi was 42p, so about £160 a year. To get that from Sirius would require a divi of around 0.5p. I'm hoping for somewhat more.

If we make it through the next year I think we'll really deserve to succeed. Throughout the last two years the terrific science and the positive response from clients from China to India to UAE to Cape Town to Mexico and the US seems to have been met with complete scepticism from investors, resulting in prolonged sp fall and a somewhat derisory response to last November's open offer. Trying to stay optimistic I think we've got big enough partners now who would want us to keep going and eventually licensing revenue will begin to flow - followed by happy days all around. I also hold Rene, which had also fallen over 90 per cent for me but with further good news today has risen some 700 per cent in the last few weeks - so it can happen!

Yes - am looking at HL. I only really trade now again - so the quarterly charges at ii just becoming a nuisance.

There's no much to say though is there? A good business, consistently making money and paying good divis. Not much is going to change week to week, month to month here. Today's fall? Going XD. All expected, move along.

500p. Walked past Greggs about 8 years back - saw a queue. Bought shares. It's not the most sophisticated strategy but it worked.

...this was agreed on 26 March. Someone will have done very nicely out of this. Excellent news whatever.

"say they invested at £6/share (6p in old money)" - that would be very much worse case scenario, no? If they've got an average of 3p/£3 and are happy with 6 bags, then £18 would do it. Anyway, that's not a calculation I'm looking at - £10 and I'm outta here. I'd say it's correct to think the really big rise will only come when products are approved and being sold.

...that's the bottom line as in balance sheet rather than sp of course! But one will eventually follow the other.

Can't answer that other than to say our bottom line has been rising very nicely over the three years and this can only help us to reach our target of moving to profitability at some point in 2020. When dermapure was launched we got these messages regularly as the sales team went about their business in raising awareness of the product. I think we have sales evidence now to conclude our product is accepted by the market and obviously every purchasing group that takes us on is good news. Hope we can crack Europe next.

Suffered? Well there was a time not so long ago when we were worth 50 times this sp. I suppose legislation wouldn't hurt, but I just think the market doesn't believe we can make inroads into the market before we run out of money. I could make a case for saying we will - the link with Chinese giants, the progress with tanneries, the increasing sense of water crisis in places such as South Africa and California - but I must admit I'm feeling worn down and fast running out of optimism here. Not going to sell up - no point at this level - so just hope someone somewhere is preparing the rabbit and the hat.