Member Info for mick-b

Downing Strategic Micro-Cap Investment Trust (LON:DSM) are a fan and I believe that Volex (LON:VLX) is their largest holding. Unfortunately the former is in wind down and they are likely to sell into the market opportunistically so putting pressure on the share price. Whether this has happened this morning I don't know.

Not dissimilar to the situation with Telios and Card Factory (LON:CARD).

FTSE100 🔺 0.25%

https://www.ig.com/uk/indices/markets-indices/ftse-100

Getech (LON:GTC) - up 15% to 9.5p (£6m) - Trading & Technology Update - Paul (Scott)

A serial disappointer over many years, losses almost every year. I don’t understand why it’s listed. Today it says 2024 has started well. ARR has risen to £2.9m. Reducing costs by £2m pa sounds sensible, as previously announced in Sept 2023 H1 results (heavy loss). I doubt investors would be interested in any more fundraises. It’s hoping to reach positive EBITDA and cashflow. Mentions property assets. Had £3m NTAV at June 2023. No mention of current cash position in today’s update. Looks like it might survive, but I doubt this company can scale up - it’s spent almost 20 years trying, and got nowhere.

https://app.stockopedia.com/content/small-cap-value-report-thu-21-mar-2024-xpf-jdg-xlm-hsw-quick-gtc-poln-sbds-992796?order=createdAt&sort=desc&mode=threaded

As Boris Johnson & Nigel Farage correctly describe each other as 'morally repugnant'.

As Boris Johnson & Nigel Farage correctly describe each other as 'morally repugnant'.

BMN

A Lucky escape....

TRO

Hope you got out of BMN

Bankruptcy looms.....

FTSE100 🔻 0.1%

https://www.ig.com/uk/indices/markets-indices/ftse-100

Problems......

Too expensive, unable to get staff, poor transport links

Data from Calastone shows monthly outflows from UK-focused equity funds hit their highest in more than a year in March, the 34th consecutive month of net selling by investors.

The UK left the EU on 31 January 2020 at 11.00 pm

‼️38 MONTHS AGO‼️

Popularism takes a grain of truth and expands it into a conspiracy theory.

Nations choose to join NATO to stop them being invaded by Putin.

Https://www.proactiveinvestors.co.uk/companies/news/1050413/chariot-inks-gas-sales-deal-in-morocco-1050413.html

WRONG BOARD

SORRY FOLKS,,,,,

Https://www.proactiveinvestors.co.uk/companies/news/1050413/chariot-inks-gas-sales-deal-in-morocco-1050413.html

Jubilee Metals Group - Roll-out of Integrated Copper Strategy in Zambia

FTSE100 🔻 0.1%

https://www.ig.com/uk/indices/markets-indices/ftse-100

Russians in Germany

Total population

3,500,000 (estimate, 2018)[1]

Ethnic background:

German Russians: 3,500,000–4,000,000

- Ethnic Russians: 2,213,000[2] - Russian Jews: 118,000-225,000 - Russian citizens: 230,994 (2015)[3]

Relevant?

source WIKI

Farage is an apologist for Hitler, fasc-ism and Putin- a modern day Lord Haw Haw, an Oswald Mosley fan boy. Yet he terrified Cameron in to calling a referendum on remaining in the EU. He has destroyed our country, why is he allowed to continue spreading his poison in this way?

'In the European Parliament, Farage always defended Putin. Every vote for Farage is celebrated in Moscow!'

Farage has said openly he wants to end the NHS

Now he backs Putin

Apparently though, he’s a British Patriot!

"we are reliant on India for a larger proportion of drugs, and they are reliant on China for 70% of the building blocks [aka Active Pharmaceutical Ingredients] of those drugs and vaccines."

I didn't know that! Worrying if true as I don't trust the daily FAIL.

I do know India is the place for producing cheaper drugs. Lower profit margin drugs that Western Pharma's don't want to manufacture.