Member Info for Jurado

Do we actually do anything yet? Or are we just theoretical?

Presumably something that is not, like this, "in line with expectations".

Goodness knows I takes your point about poor performance elsewhere - I own most of them too. I suppose my faint optimism is that TRX, XSG and MWG barely have any further to fall, while the scale of growth at Nanopore could be huge. Of course the more serious analysts will be more aware of the progress in the unlisted companies and how many have serious potential - First Light Fusion seems like science fiction to me, but it were to happen then surely the impact would be astonishing.

Can't pretend to understand the full impact of today rns re Oxford Nanopore, but as by some distance the biggest item in our portfolio the future of Oxford Nanopore is vital to IPO and I get the feeling it really is starting to hit paydirt. Doubled it's revenues last year and this seems to be a major step forward. In any portfolio of our size there will be plenty of losers but the progress here - as well as at Ceres - is reason enough to be optimistic that that paper figures should improve considerably. Whether that translates to shareholder value is far from certain but I think this could be an exciting year coming up. If anyone can offer informed view on how significant the Abu Dhabi deal could be I'd love to hear it.

What's the story? The story is I should have sold when we were at three quid two years ago and bought back in on Monday. But beyond that, we just had a fund raise at one fifth of the already degraded sp, which was largely ignored by PIs in the open offer (I gave it £50!), but turns out IIs were taking it up, hence the return of a little confidence. The bigger picture, which you can read about, is we've got great tech for very low water cleaning, nearly ran out of money and are moving into a licensing model.

Today's release states "the drawdown of these tranches is now subject to MidCap's discretion and satisfactory recapitalisation of the Company at that time." So what do people think "recapitalisation" means here? Sounds wee bit like could involve a placing to me. Also someone suggesting it was significant how easy it was to pay back the loan - we just borrowed 7m, so it's not that much of a surprise if we have 5.5m ready to pay back is it?

I just googled "Pragma Ceres" wondering if there was a link. Not that I could see, but at least I do now have a new favourite Chilean rapper.

Ok, apart from "they are all evil frauds", can anyone suggest why this placing and offer is at such a ginormous discount. I mean, do you reckon 81 per cent is really necessary? In fact doesn't it suggest desperation? It feels like I've been mugged, but somehow I'm still tempted to take my (fairly tiny) allocation. Confused.

Well now. I'm pretty much used to this kind of narrative evolving on AIM, and the dilemma is always the same - is this is a dead man walking that will run out of money before reaching safety. Or is this actually a tremendous buying opportunity with the company posting news that will scare off short-termists, despite the fact that profitability and expansion is within sight. We are, of course, being given a fairly upbeat case by the company, although they have to be clear to the market about these delayed expectations. Ultimately investors will have to assess the realism of those management statements. Personally I'm very tempted at this price, but I'd like to hear the assessment of someone who knows better how to read balance sheets and financial forecasts.

Seems to me that today's update is a little terse almost. Not much being made of these juicy contracts just along the road and a fairly bald statement of increased turnover and increased loss, with second half revenues still to come in. Feels like a slightly different tack is being taken to managing expectations - obviously there's the webcast next week, we'll get some flesh on the bones then I expect.

Given that this is the only positive mover in my entire portfolio today, I wonder if something big is about to drop. To be at a 52 week high against these kind of headwinds suggests something is afoot.

Hello! Full of confidence are we? The last company I was involved in that this happened to was a gold miner in Guinea who RTO'd a pair of gastropubs. I'm rather hoping we take over a fine patisserie somewhere .

Marvellous - I didn't know there was such an active SRT community over there. Very useful information - many thanks.

Nice little boost since the AGM and open day event at Midsomer Norton - somebody must have been impressed. Did anyone here go? I'm assuming this bubble is anticipation of a big contract announcement - it's nice to have something in my portfolio that is pushing ahead regardless of wider issues.

Good to see the company has huge faith in the future even if the market seems not to. Second shift, new premises to hold and process more stock, ten year lease with an option to buy - sounds tremendous to me.

Give Trump time for all his family to fill up with cheap stocks before he announces a breakthrough in talks with Xi, there's a big bounce, they can sell off, and the whole process can star again. Sorry what? You thought he was in this for the benefit of the American people? Right...

Right, now we're hitting a 52 week high - I think the market thinks good news on one or more of those sizeable contracts is getting very close. Assume that means a drop when the news actually comes out of course, but nonetheless this is all good progress.

Revenue up 286 per cent, loss of £4.2m turned into profit of £3.2m, and six contracts amounting to £220m expected in the "near term" or "relatively near future". Also loans being paid off, profit margins widening and steady growth of transceiver division. I'll be honest, I've seen less attractive propositions.

Would be nice to think that was him done now - but I don't suppose we can assume that. Still I'm trying to focus on the fact that we'll soon be making money.

Have always thought Oxford Nanopore's success was key to IPO's future - so to see the news release today about the new factory and scaling up of production is very heartening. It's obviously harder to get data about private companies but lines such as "Our order book and revenues increased 2.5X between 2017 and 2018, and in 2019 we have seen strong growth continue. It’s a very exciting time for the company.” give hope.
https://www.ipgroupplc.com/media/portfolio-news/2019/2019-08-07