Member Info for mfdoom

'Bott' sounding true to their name...That post read like they went to chatGPT and loaded the prompt with their bias to spew out that garbage!

Argh, IG blocking me from buying... typical!

"Closing only: Market unavailable to open"

I think it was the US session that brought most of the buying volume, lets see if we can get the same today and break yesterday's high, 2.8 is next target.

Nice chunky director buy yesterday, hoping this one has bottomed for now!

Good news about the management fees - thanks Tetley.

And more good news with the director buys. There were actually a few that came through today:

Minesh Shah – 20,564 shares at £0.755

James Olding – 23,029 shares at £0.755

Phil George – 7,952 shares at £0.755

Marco Perona - 28,000 shares at £0.7460

Agree - this one has been a tough hold, but I doubled down on my holding here today. I feel the worst news is full out and market has fully priced in all potential negatives now (and then some!) so I think we should have seem the lows personally. Also seems like there was a volume climax in the chart around the bottom, always a good sign of a capitulation bottom, let the upward trend begin!

ChatGPT leaning bullish...

Overall, I'd lean towards a bullish read on this news release, with a few nuances:

Dividend & Buyback Upside:

The company raised its 2025 dividend target slightly and significantly increased its share buyback programme from £50m to £150m. This indicates management sees value at current prices and is actively returning cash to shareholders, which is typically a bullish signal.

Accretive Capital Allocation:

They’re using their revolving credit facility to fund buybacks as a bridge to further divestments and refinancings. The fact that they expect proceeds from these transactions to exceed £300m—and that recent asset sales have been at a premium—underscores confidence in the portfolio's underlying value.

Balance Sheet & Yield Strength:

Despite a slight decline in NAV (mainly driven by operational assumptions and a 30bps rise in UK discount rates), the balance sheet remains strong with robust debt management and attractive dividend yield (9.4% based on the current share price). This supports a long-term, income-oriented investment case.

Caveats:

The drop in NAV per share does highlight some headwinds—namely, lower wind generation and revised operational assumptions—but these seem to be offset by proactive management actions (like revenue fixes and CPPA discussions).

In summary, while there are some short-term adjustments reflected in the NAV, the company’s proactive capital allocation—especially the enhanced dividend and buyback programme—suggests a bullish outlook for long-term shareholders.

Calling a long term bottom here. A very large trade cleared yesterday and it seems the seller who has consistently been selling every morning has finally gone. Large volume candles usually mark the bottom and the fact that the large sell yesterday was absorbed by the market is in itself bullish. Looking to pick up some more, but I notice MMs also widened the spread on my broker, buy price is 190, sell 180... I have very large resting bids in the 180s, in the hope that we have a bit of time around this level before moving up, but will market buy if we start to move without my fills!

Nice catch!!

Not letting a single share go here, this is my highest conviction share at the moment, with lots of potential catalysts coming.

Huge volume on the bid, don't let them take your shares...Momentum is only just getting started.

HIGHER.

Agree - yes this is very positive! I think the whole sector has been sold down way beyond a reasonable amount, seems we may have finally found a bottom here! Rates finally moving down here and Trump prioritising low rates in the US, so these are all positive catalysts for the sector.

Haha, yes it is a pleasure to watch the MMs get done over.

Not selling on this occasion sorry chaps, this is payback. Even removed my sell orders at 17p and 25p just to thin the book out a little more hehe.

Lol, yeah sorry - replace dollars $ for pence p in that last message!!

Agree, see absolutely no reason to sell here. I've been holding and adding a long time, last add was a few days ago and I am happy to wait, first target I had set is $17 and we are on our way there quicker than expected with a strong break through $10.

We broke a 12 month range, retested it and are breaking upwards from a cup and handle, charts that look this good dont normally turn down again very soon without really bad news...

Did a lot of research over Christmas and consumer opinions seem to be better than ever on the TUNE product range and a work colleague was raving about his new Adam Audio speakers.

This also prompted me to check google trends and most product ranges have had a huge boost in searches over the past 2 months, I think we may have finally seen a bottom here...Take a look for yourselves, but looks very positive to me and I think the first results in 2025 will be very positive.

Bit lackluster, i was hoping for more this morning, feel like there was some buying pre-earnings in hope of a turnaround. Not sure I like the drop in profits:

EBITDA dropped by 34.6%

Operating profit fell by 76.5%

EPS fell by 85.2%

Adjusted diluted EPS dropped by 53.1%

Though Audio Reproduction at least had a 14.9% increase.

...shares just about holding up this morning, though I wouldn't be surprised to see it turn around this afternoon, only a handful of trades gone through.

15p is modest for sure, I am in at average of 40 and expecting to get back to that level myself :)

Lol, i think this news is almost too good to ignore.

Marketcap is an absolute joke now- I know UK markets look bad, but at some point people have to start buying up this value! Meanwhile in US, tech companies selling for 100x earnings !

Very positive trading update this morning, good to see price following.

Expecting profit improvements and i liking the sound of this:

"Business simplification, efficiency and cost-saving initiatives will drive profit recovery in H2 such that we expect to deliver a profit in that period, compared to a loss in that period last year. We have executed a number of cost saving initiatives during H1 including the closure of the Chinese manufacturing facility and significant restructuring within DG Americas which positively impacts the higher H2 profitability"

This alongside the US economy still looking strong means results next month could be very positive.

TLDR: Burn the shorts, onwards and upwards!

Thanks for the extra money sir. When I see people posting about shorting more on a stock that meets ALL of my buy criteria, I always double my down on my buys, so you motivated me to take the other side of your shorts and so far it's looking great ;)

Stockopedia Value score now up to 99 on this one, third out of 63,000! It is a larger percent of my pf than I expected now, but you have to take these opportunities when you see them, especially this one with US economy looking good again and with Christmas just around the corner! Good luck to fellow holders into the new year!

Geothermal definitely has a lot of potential, i am slowly accumulating at these levels, STAR is still completely under the radar, and I believe any sellers are long gone by now. All it will take is some positive coverage and with such a small market cap, this thing will push much, much higher!