Member Info for Mikey279

Probably the most ridiculous reaction this year…

you guys really think you have influence on a £200m mcap company by shouting placing....it's OIP is still worth well over £1

All IMO

Don’t be silly Greg

There’s overdone and there’s this…4% of resources ffs

There might not be one as there is a 5% threshold which they are under, the MM's raising the bid or large prints is the bes t indicator, silly price considering where the company are at now...

IMO

Well they’re slowly moving the range up from 1.45-1.55 then 1.55-1.60 now it’s 1.65-1.7, seller or not it means their overhang is reducing

Anyway pointless discussing these levels when NAV is around 7p in a growing profitable and funded business…. Sometimes these large sellers give you opportunities that you don’t see until it’s risen massively

All IMO

Wood not want to be out over the weekend ;)

Bet you watched the World Cup despite the migrant worker deaths though right ?

profitable with double digit YOY growth...has cash...7p NAV and wood on a bottom curve so could bounce any time

Seller probably done...absolute steal atm

Probably best bet for a bagger or to over the coming weeks IMO

they stuck in a massive sell order at 1.6 probably a few months back, they've only now got the volume to process it all

reckon they'd be done this week

7-10p NAV.... LOMB must be on fumes now

NT for size now... should rally for a while now

Guess you can say it'll keep the LIGHTs on ;)

well it looks like they think it will get done, cant imagine they would risk 5m to make 20% on massive dilution - too risky

Thinking the raise will be in double digits, lets see.....and agreeing a 25p conversion shows confidence too re the debt

All IMO

well why would they agree to a 25p conversion....solves the short term issues anyway

28p is £50m mcap which doesn't even cover the infrastructure improvements

I wouldn't worry, it's a stable company with guaranteed revenue over several years + with government backing and a monster partner in Navantia (not to mention funders willing to part with £200m). With the pipeline and new exposure contracts will be coming thick and fast this year IMO, imagine at breakeven, and a £50m contract comes in, it's straight to profit/dividends, see if it's 28p then

This will trade in the £s in the next few years IMO

It's low because of the types of people buying are the types that ask 'why hasn't it moved' after 2 hours of trading....

Today's RNS clarified literally everything...just give it time to re-rate, there will be multiple contracts coming as per their revenue guidance and a refinancing update in a month or so.

There is no 'placing' as they've extended the facility

All you need is patience (ie several weeks/months not minutes), it is by far the cheapest 'safe' share on the market

All IMO

There you go, breakeven in fy24, they’re confident of tripling organic revenue in 2 years without FSS

3.6bn pipeline and mid 20% margins in a backdrop

This is ftse in the making

As for placing twats:

Group financing

The Company is also pleased to announce that it has amended its debt facility with Riverstone Credit Partners LLC, upsizing the loan to $100 million (previously $75m). This upsized facility is fully committed and will be used to accommodate the Company's near-term working capital requirements whilst the Company concludes its £200m refinancing with UK Export Finance and Astra Asset Management. The Company has agreed further terms with Riverstone in which the interest payable will be accrued and paid on maturity thereby reducing the Company's cash outflow on a monthly basis.

Should be well over 50p IMO

One of the most overdone drops this year on a bad but not disastrous update, growth is still there... should recover

Ok.

I’m referring to Astra, I think the deal will trigger II buying as it will satisfy their risk criteria

To be honest with you IM doesn’t interest me at all

Like I said, call me out on it if it doesn’t happen

All IMO