The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Not sure I follow the game plan of your recent trades?? I suspect that a number of individual shareholders have been dumping their shares recently judging by the volume of trades that are shown as 'sells' and I assume the people controlling the company are mopping them up. The 'free float' is very small as I observed before. I am still a small stale bull at a price well above 11p as are one or two others I know; so we live in hope!
Apologies for tardy response - I've been away for two weeks over Easter. The boiler is revolutionary in that it will generate 50% of a household electricity needs while heating the house and domestic hot water in a much more ecologically efficient way than a power station and pylon distribution. The green aspect of this is politically welcome and to be rewarded? The proposed method of making the boiler free to the user (who pays only for the installation expense) will be attractive to cash strapped householders who will get an 'A' rated boiler and, after 5 years, a substantial reduction in their electricity bills. It looks like a no-brainer for anyone who has to replace an ageing, inefficient gas boiler. Flow have comprehensively patented the boiler and the potential market is huge throughout Europe and North America. The compressed air emergency power plants that Flow make are also innovative and should be a nice little earner going forward. As a 'provider' of gas and electricity in a market that is fed up with the 'big six', Flow has another nice little earner on a fairly constant basis so long as they keep themselves at or close to being the cheapest dual fuel provider. So, earnings should grow very rapidly from now on in my opinion and the shares are still relatively cheap looking forward a year or two. As to CAD, I became interested when an old friend of mine, joined as CEO to clean up the fraud and make the business work. He is a bright geologist and oil industry expert and was on the right track to sorting things out when he was beaten up in Kiev and then forced out by the local mafia. Since then the company has been pillaged again and the shares are back to rock bottom. The political problems in the Ukraine of course don't help the share price but give good cover to the mafia who seem to have reduced the free floating shares to a tiny minority somehow. Its hard to say what the cash backing is as current management don't say more that they absolutely have to about anything. I have written my holding off but at this price there is no point in selling them - a miracle could happen in the next 10 years! We should wish each other good luck!
Six months ago the shares of Flow were 10p and have recently been 40 something. Ten years of dedicated research has gone into developing the small domestic boiler and the fruits are soon to be harvested. Very bright management team and well structured business model going forward. The next 12 months will see huge growth in the delivery of gas and electricity to hitherto luckless consumers who have been ripped off by the 'big six' and an incompetent 'Ofgen'. The launch of the production boiler later this year will, I believe, be a game changing move in the beleaguered British energy market. Very significant earnings/profits are perhaps a year away so now is an excellent time to tuck some shares away. I have met the management and am full of confidence for the future and my pension pot is well stocked with shares at around 13p but I shall add more through this year's ISA allowance for my wife and myself. What do you know about Cadogan?
I am a stale bull of Cadogan from the days when the management team were doing their best to develop shareholder value. Sadly that team were ousted by another bunch of hooligans who seem to have another agenda - or no idea what they are doing? However, there is value to be found on AIM if you look carefully. Take a look at Flow Group plc who have some very interesting prospects of changing the dysfunctional energy market in this country. Do some research and help yourself to a useful gain over the next 12 months. Good hunting!