Member Info for Mikemine

Thats very cheerful bendipa. I can't see a profit warning coming up as they've bought their own shares and the directors topped up in January. Both good signs I would have thought. When's the next trading update anybody?

So what does the Market know that I don't know?

Goodness me, an upward tick on AIM

Hawker, "They all get a big fat ‘F’ for their work here" They should be sacked. I remember when RENX issued the RNS about Tempus and the SP rocketed only the be reversed by Polar dumping all their shares that afternoon when the SP was still on a roll. NXCI called it right with the" Myopic" description of the City boys.

SC, you must know about the fools in the City. No way would VRCI have gone in offering a discount. They would have asked for a premium such was the quality of their story. It would be the self congratulatory idiots in the fund manager's office that can now boast that they have screwed down another company, but stand back a bit and see what they have done. Sentiment is all and they have destroyed it here and for what, a piddling little percentage. I expect these guys already hold shares here so it would have been in their interest to pay a small premium which would turn the sentiment positive and also increase the value of their holdings. It'll be difficult for VRCI to improve sentiment and that is the last thing the SP needs. It's no wonder there has been an exodus of companies leaving the London markets.

I received notification at 10.15 from AJ Bell that the dividend was in my account. I find them really on the ball.

It can't be like this forever if they progress like they said they would, even on AIM.

When you fundraiser, especially if you are in a weak position like broke and early stage, the strike price is mostly dictated by the guys giving you the money. Ask for a premium and they will laugh at you. When you give a podcast it's obvious that you are going to ramp up the company's prospects. That's what a CEO does. Does anybody expect anything different? NXCI has nailed it in that this sector is hampered by the myopic City and that's one of the reason many companies have left for America etc. In fact NXCI, goodness knows who the guy is, has a good handle on this sector and should be taken seriously.

I'm sure Fonix could do well in that area. More expansion opportunity.

SC most of the board are non execs so wouldn't be paid more than a nominal amount. I think you'll find that the 4% ran out of time. VRCI is an American company and therefore salaries are at American levels. Barrington's salary is not large by American standards.

Are yo kidding me? "she’s done nothing but miss deadlines and dilute shareholders" Are you forgetting she has taken what was virtually an idea and brought it through the various scientific and regulatory hurdles to make it a commercial product and company. She hasn't been alone of course and it's some measure of her ability to attract and keep her quality team. She has inspired confidence in major investors and, yes, that has inevitably diluted investors. What other alternative was there? As for deadlines for announcements, are they really that important? In fact who cares? Everybody makes mistakes and I'm sure Barrington has made one or two along the way. Lord Hanson once said that they hope to get 1 in 3 decisions right and hope the other 2 can be managed but, if you want to avoid mistakes, don't do anything. Ultimately the SP is mostly dictated by private investors on a day to day level and management can only send out the news and hope it affects sentiment.

The SP IMHO is a reflection of AIM in general where the willingness to take risks has almost disappeared and any news has to go through a negativity barrier to have any effect on the SP. It also seems to be a reflection of the UK in general where we have so many bars to progress and there is an attitude of finding lots of reasons and regulations for not doing something rather that having a "can do" bias. So different in the States even with all their obvious problems.

I've still got a couple of investments on Aim but I've had enough and will not invest here again.

Why must Barrington go?

I'm happy to be corrected, as my maths are not great, but looking at other solid stocks ,Aviva for example, we see a dividend of around 5%. If we keep the cash dividend of LGEN and take it to be 5% the share price would be around the £4.00 mark. If you take it as 6% you get a SP of around £3.60. You can see why potential buyers would be interested especially if they could see additional values in breaking up the different parts and selling them off. Just a thought.

Regardless of all the talk about an American takeover, the fact remains that LGEN is a safe cash cow with a more than decent yield. It's showing how profitable and well run it is with buy backs and continuing growth. It's not a whizz bang AI company but very solid. The dividend shows to me that it is undervalued and sooner or later it will be considered as a T/O possibility IMHO. Only my opinion so make your own mind up. Have a good weekend.

A few decent buys in last couple of days. Maybe something is stirring. Could nothing of course.

Thanks SB

Remind me SB, what did Singer say?

Just had a buy quote from AJ Bell of, guess what? 0.0416. make of it what you will.

How about not being able to do the little you are able to do until September in case you interfere with the salmon migration even though salmon have never been seen in the river in living memory. The world has gone mad.

Absolutely right Strictly. Try building a conservatory and see how far you get without killing the planning officer. My neighbour, we have river frontage, has had a running battle with the Council and the Environment Agency for about 5 years over building an extension for which he has planning permission. To do this he will need scaffolding and 4 uprights of that would need to be in the river for about 3 months. The EA has been an absolutely obstructive at every step of the way and has cost my neighbour around £5K so far for nothing as far as I can see. This is on top a bat survey, fish survey etc. Take that nationally and you can see why building houses are not the choice of sane people.