Member Info for K3VMC

Well, maybe reading is not your strong point. Yes, I guessed that you thought you would make money here. I just couldn't understand why you were bleating because you were not. I wondered if you had any understanding of the company. You've managed to answer that, at least, 'mate'. No offence meant. :)

ok, flip the question. Why did YOU buy NEOS? What turnover / profit do you expect them to produce? What saleable assets do they have? Any intellectual property? Products in development? I asked this question about a week ago. On what basis is the company undervalued at this point in time? Yes, the sp WAS higher, but that was then, this is now. Why should it go back up?

Ok, why do you think that and what would you value it at?

Yes, I realise that all holders got the dividend, but the AD folks knew they could knock a 40p divi out to pay back part of the 90p sp! Wish I could do that! I take your point about connections though. I'm fully committed elsewhere, but GL anyway! You have had a decent rise today. :)

My point being that the cost to the new directors was 96p - 40p dividend, so 56p MAXIMUM!! Money goes to money. :))

The new directors bought the last lot of shares at 96p, as far as I can see. They had obviously been building up a stake beforehand. Now they paid a dividend of 40p, most of which went to their 66% (your figure) holding. Now they will pay them £1.2m, PLUS 35% of any profit NTA make with their connections. Well, maybe their connections WILL make a net gain for NTA, but it looks like a gin-palace fund to me. No offence meant. GL

to see TIG sp where it is! TIG Directors selling and QPP winning huge contracts ahead of TIG, but TIG on a p/e of 40 compared to under 10 for QPP. That gap must surely close over time. A TIG valuation applied to QPP gives a sp of £1. Even an average of the two p/e figures puts QPP sp at 60p.

Hi, thanks for the tip here, but note that it has $450m, not £450m!! Also the cost of production is on the high side at $930ish/oz. Compare that to Medusa's $250ish/oz and even Shanta at $800ish, reducing to $600ish On the other hand, reserves and prospects look good and it is a market leader in the region, so one to keep and eye on.

I think you will find that HGI SOLD 12m shares, reducing their holding from 27% to 24.6%. Other II's have decreased their stake in TIG. Recent director's deals have been sells at 27p. I'm comparing TIG to 'the new entrant', QPP, which I admit to holding. Personally, I think TIG made a mistake in removing the Rob Terry, the driving force behind its initial success. I think QPP will beat TIG to every punch now, based on the operating profit margin of each group. I guess Rob Thomson thought that, as well as Iter8 in north america, since they both are with QPP now, instead of TIG. Every company has its own trajectory. It just isn't always this clear.