Member Info for lordloadsoflolly

MasterRSI - talking to yourself again I see.

Seamanp911 - I haven't sold, as I still believe there'll be some decent distributions. Eventually. The point you (& others) made about dilution being less of an issue once Microsalt floats is valid. Except it rather assumes that TEK isn't looking to add to its existing holdings....

JDPT - spot on. Though personally I won't be adding, as I've a significant holding already & the risks remain high (whatever the short term share price movement).

pokerchips - afraid I find your explanation of Tim's motives & actions laughable.

I'm still a holder here (with a decent chunk of my overall portfolio) But I'm slightly concerned that the start of SMT's price decline coincided pretty much with Anderson's departure. Now of course, he may just have foreseen an imminent mood music change & timed his exit accordingly. Or it may be pure coincidence (though I tend not to believe in that when it comes to investments). Or it could indicate Slater & Burns lack Anderson's Midas touch. I haven't quite decided which yet. I'm inclined to think Slater & Burns haven't been in charge long enough to change course sufficiently to stuff things up. But if inflation starts falling substantially, interest rates stabilise/start coming down & things still haven't improved here, I may have to revisit.

Frits - unfortunately that "positive past history" hasn't done much for the share price over the last 5 years.

Hate to disappoint anyone, but I doubt Cliff will answer any of your more awkward questions tonight. Suspect it'll just be another TEK for Dummies session, trying to reel in some new investors. There's nothing really he can say until TEK actually starts cashing in some of its holdings & distributing the first of hopefully many special dividends. No amount of IPOs has shifted the dial so far. Lucyd moved down dramatically post-IPO, only to recover a bit of its lost ground to date. Meanwhile TEK continued along its now familiar downward path. Many still hope that a Microsalt IPO would solve our valuation problems. I'm more doubtful, having seen the effect of Lucyd's IPO (which also had everyone very excited, until they saw the longer term negative impact on TEK's share price). I know many LTHs think it's far too early for TEK to be cashing in any chips just yet. Problem is, until they do, we'll just be diluted more & more by successive fund raises. Then, even if the share price DID eventually start recovering, it would be from such a low base that we'd stuggle to recover our original outlay any time soon. One final point: IPOs are often when the froth is still in the price. Froth which can soon disappear again, as Lucyd amply demonstrated (despite its recent rally).

Conversely, 8.41p is hopelessly optimistic unless one of their drugs moves on with the FDA. So here's hoping. Sadly, current value is what the market dictates. Not what you, I or the analysts think it should be.

mol42 - sounds great. But will they actually sell any?!

baf3 - you may be right. Trouble is, like many tech-heavy shares currently, TEK's NAV has decoupled from the sum-of-its-parts valuation. And it continues to do so. Until global inflation & interest rates start falling consistently, sector sentiment is unlikely to change. And TEK's value therefore remains unlikely to reflect any significant progress in its holdings. I'm still reasonably confident this will change eventually, as growth stocks start coming back into favour. But that may still be at least 6-12 months away. So timing any buys/top ups is risky and doesn't guarantee rich rewards.

wildbunch - I'm neither deramping nor playing trading games. I've a holding here, but won't be adding whatever the price, given the Tims' propensity to overpromise with misleading statements, then under-deliver. If the price rises, I'll be as happy as the next man, as I might even make a profit. Or at least get my money back. But I'm not holding my breath.

CauldStream7 - I agree the last 3 RNSs seem largely factual. But many of Tim McC’s previous “predictions” proved way off. I imagine you already know the sort of things I’m referring to, but if you need examples just let me know.

CauldStream7 - fair enough, but broader sentiment in IMM is still very much driven by investors' regard for the Tim Twins. And that is on the floor, following countless false dawns, empty promises & misleading (IMHO) statements to shareholders .

Hardly surprising given Tim's track record.

The bid price ISN'T over 3p. It closed at 2.76p, due to the continued huge spread.

mrozzy - yes, "asking" rather than "stating". As the article goes on to say, smart glasses' commercial road to success is littered with casualties. Not least Google Glass. The piece is clearly an advertorial for Innovative Eyewear. Clue's in the word "ADVERTISEMENT" just above the Lucyd logo! Not saying they won't succeed - but the jury's definitely out still.

Andrew7 - agreed, though it depends what the bottom line's like. PBTX is currently capitalised at about £7.3m. In revenue terms, the valuation looks undemanding. But if they're not actually making much profit yet (which no-one really knows pre-results), it might be quite toppy still.

Sadly, awards don't pay the bills.

mayster1 - the only things I tend to believe are hard numbers, a company's track record on delivery (assuming not a start up) and my gut instinct. The rest is largely noise. And best ignored IMHO.

oscar22 - of course there's potential. And it may still materialise. But to date, under the two Tims' "stewardship", it's proved utterly elusive. As for saying Tim McCarthy has "demonstrated a strategic approach to drug development". Well, really! The only thing Tim McC has demonstrated to date is rank ineptitude. Oh, and an ability to line his own pockets, whilst trashing value in the very company he's meant to be running. Nice work if you can get it.