Member Info for LV1991

Hi AJP. I think the reason for the share price underperformance is contained within your post, $2.3B addressable market and revenue growth in H1 of $1m from $3m to $4m. Now you can say isn't that fantastic in % terms, but for a growth company with unique products it is pretty dismal. I know a bit about growth having grown new market entrants with multiples of million $ per annum. Having said that I bought back in today with a small purchase as the cash base is solid following the raise, but expect this to be a 12 month or longer hold.

Thanks for the great detail Dartron, the key things for me are the stable shareholder base, the Director buys and the fact that the CEO was previously the CFO and the new CFO is not new to the business either. They have had some unbelievable bad years and not sure why the cyber attack would cost as much as they say it did, but think the investment case is sound, hopefully no nasty surprises on or before 27th, then again at 8p it can only go down so far lol. Bought a few more today at close of play

Phoenix, Probably concern about the upcoming results on 27th September, hopefully not a leaky ship! Given the Director share purchases following the profit warning in late July one would hope thing have not headed further South in the last 6 weeks. My initial purchase of £6k at 1357 has just shown up

Thanks Dartron, totally agree with your view, the other share has done well for me in the early days and I can't complain overall but there are too many dreamers talking unrealistic against a market position which is not moving, if all goes well it will probably re-rate, but not without risk. Here at HSS and SFE they look more as they are approaching the bottom of the cycle and being priced accordingly, so assuming they get through the difficult downturn in 1-3 years they will be a multiple of where they are today. Appreciate your input and analysis

Hi Dartron, that's an absolutely excellent overview and lots of useful data, many thanks indeed, I am not currently invested here but have been in the past and considering a possible re-entry for a longer hold. Your input is most helpful as I have not done much research recently on this one, again much appreciated and good luck

Leaky ship just before the results ? Looks like a profit warning coming linked to the problems in construction and the wider UK economy ??

Because I think the market will not re-rate on news which has been know and expected for many months, instead it will be a gradual process over 6 months or more and with any potential risk on operations or cash creating the odd peak and trough, but that's just my view based upon how the market has reacted over the last 3 months

I did say Friday morning I was undecided, sold Friday afternoon, been bit busy travelling to post until today, think the realisation is settling in that this is going to be jam in 2024 or 2025 and not 2023, the £1 before Christmas holders seem

less bullish..

Not really Tom, sold 50% of my holding last Friday so up or down is good, but looking more like the 50’s than the 70’s

On ii I can't get a quote to sell more than £3k but buying is not a problem, looks like 58p is coming

Indi / As I have said, this time I have not traded it, I have bought and held, and am still holding, so I am not talking it down looking for a cheaper re-entry and what a ridiculous statement to think that a few posts on a board would achieve that on a company with a market cap of £155m

I take it that is an admission that it was you that was making a ridiculous statement and not me, or do you want me to go through and list all the individual events, issues, delays one by one...?

Totally ridiculous right, I mean there have been no technical issues, delays, safety process issues at all over the last 2 years at TXP T&T right?

Eyore, completely agree, assuming there are no technical/safety issues

I have traded in the past, hence why I sold out last year and then bought back in. I made the mistake of not selling when we hit 94p as I thought it was the real deal this time, even didn't sell yesterday, now am starting to wonder if we will go back to the 50's and if so whether I hold for another long painful journey down 20% or sell out again and buy in again. Undecided at present. If it wasn't a trickle I am sure they would be boasting in the RNS?!

A trickle of gas and a trickle down to the 60's / how about 58p by year end or will we get there quicker?!

I sincerely hope to be proved wrong Tom, for all our sakes lol !

No Tom it's not been held down, it's down because there is no demand as all the news today was already factored in

Spot on candidinvestor, a disastrous rights issue that only solves a small part of the problem and worries remain about the competitive position and market share. If it cleared the decks or there was a better growth story it might be more appealing.

My current holding is 84,777 shares, down from over 100k shares last month