Member Info for lordloadsoflolly

Aquae - still some way to go, but it’s not all bad.

The greatly improved gross margin %, coupled with growing sales & a flattish fixed cost base bode well for the future.

OSD - like most things, it’s wrong to generalise about AIM.

There are some good, steady companies there, which consistently grow & make a profit. My largest holding was with H&T, where I’ve more than doubled my money thanks to it recently receiving a takeover bid. Plus I’ve enjoyed a 4 - 5% yield along the way.

But there’s also a disproportionately large amount of jam tomorrow, CEO lifestyle dross in the index. And however much fun it might be to some “riding that wave”, for many it’ll end in tears.

As to which camp IMM falls into, the jury’s still out. I remain a holder (though it’s a fairly small part of the p/f. But increasingly, I’m thinking this may well end up being dead money, given Tim’s appalling track record - delivering false promises, placings & hugely detrimental Lanstead financing “deals”.

CaptainJack - sure, but sells are ALWAYS going to be “soaked up” by someone else’s buys. Otherwise you wouldn’t get a quote.

Takes two to make a market. That’s why the spread varies - depends on real time demand.

Richar - bit like saying it's a good job we didn't picnic on the motorway or we'd have been run over.

UNkwn - I'm not invested here yet. Came across it via Hex (where I have a holding).

The company may say RTO is a formality, but from what I can gather it has been delayed multiple times. Over a year already?

There may be very good reasons for that (I'm new here, so not qualified to judge yet). But I'm sure it would make any potential new investors wary.

Maybe_tomorrow - not to seem pedantic, but he didn't say which year. Or timezone. LOL

Brentw1 - thanks. I'll set the alarm!

Ezhik - to jump in (apologies Trek!), I don't think they've specified exactly what initial production will look like. But they did recently say the following, (implying it may not be all 5 wells initially?):

"preference for a soft-start configuration to reduce fuel usage and improve control during initial startup".

Also, Trek - you've been giving a £1 price target for a while now. What's your view on timescale for this, appreciating it's all guesswork at this stage. Mine would be 12-18 months from now.

Wildtiger - jealous? Yeah right.

More like baffled as to why you claim to have bought back in at 9.5p when according to your "custom built AI tool this one is going to 8-9p in the short term".

I'm sure other readers here will draw their own conclusions about the reliability of your claims.

Wildtiger - as a reminder to other folk, here's what you posted on 1 July:

"According to our custom built AI tool this one is going to 8-9p in the short term."

Which presumably explains why you now claim (yes, claim) to have bought - again - at 9.5p.

I'd be asking for the money back on that custom built AI tool of yours.

Positive RNS this morning with an update on the deal timetable:

"In light of the anticipated timeline for satisfaction of the FCA Change in Control Condition, the parties now expect that the Scheme will become Effective during the third quarter of 2025."

Very much doubt Inez wireline logging & flow testing results are known yet, given timescales with previous drills.

Thunder - no, they're two very different things.

It's by no means a given that a Taiwanese deal will be forthcoming.

What is certain though is that they'll need to raise funds somehow within the year. Otherwise, what was ominously buried in their 13th May FY Results RNS may come to pass:

"The Directors have concluded that the successful completion of the planned sale of non-core assets and/or availability of sufficient, appropriate funding for the group's needs beyond the maturity of existing facilities represents a material uncertainty related to events or conditions that may cast significant doubt on the group's and the company's ability to continue as a going concern and, therefore, that the group and company may be unable to realise their assets and discharge their liabilities in the normal course of business."

Thunder - anyone’s guess.

The last RNS in May gave no timescale. Just said:

“As part of the Strategic Review, IQE is prioritising the possibility of a full sale of IQE Taiwan, alongside a potential IPO. The Board is leading the Strategic Review and continues to be advised by Lazard. While there can be no certainty as to the outcome of the Strategic Review, the Board is currently evaluating a range of proposals and will provide a further update when appropriate.”

Morri940 - it's certainly not me.

But I guess you may have been referring to the other self-appointed "Lord on the board".

Tambo - agreed. Problem there is the more Trump lobbies Powell to reduce rates, the longer it'll take ironically.

Odd how The Donald has failed to grasp even the basics of human nature. It really doesn't help win friends & influence people when you call them - amongst other things - :

"Knucklehead"

"Numbskull"

"Major Loser"

"A stubborn mule"

"A complete moron"

“A fool”

“Truly one of the dumbest”

"Mr Too Late" etc, etc - you get the general picture!

Span - nowt wrong with Poundland.

Just that my chauffeur happened to be passing Tesco at the time. (On the way to Fortnums).

Weirdly, I was quoted below the mid (25.88p to buy) about 20 mins ago. So I added another 19,300 shares.

Wish I'd bought more now in May & June when I paid just under 16p & 19p respectively.

Hoipefully they'll still all look decent buys in a year's time.......

And I've been travelling to Tesco. Does that count?

Spantrout - what, you mean we're not on the cusp now after all?!