Member Info for MIKODX

As the saying goes, buy on rumour, sell on news.

The takeover period has already been going for a couple of years now, god knows how much longer it's going to take. So thats my investment tied up for another couple of months. Hopefully they reject the offer and sort out a refinancing package, which should see the SP rise well above 35. Either way whether they refinance or accept the offer, it's got to be win win from these levels. Am I wrong?

The SP could easily drop below 20 but I doubt it. The impending offer is keeping it up. The Spread is also very tight, which tells me both sellers and buyers are heavily trading the stock.

The day hasn't ended yet. An announcement could come at any time from now until c.o.p.

The announcements are up on their website and on London Stock Exchange page. Takeover period still in full swing. Nothing strange going on here.

The fact that 85% of the company is owned by financial institutions, and the board is advising shareholders to take the offer, it looks like they have already decided to vote yes. The below article should make things clearer.

https://www.investorschronicle.co.uk/content/09281777-1a0a-48c9-872e-bb97c503d9a3

According to the latest Financial report, the company lost 899M last year, which will have to be repaid back this financial year. However, as far as I can see, the company should have enough assets and working capital to meet their debts this year. By my calculations they should only be down 40M with their current stock and cashflow. They should easily be able to meet their financial obligations this year, they even stated so in the report. Another direction this could take is the company turns down the offer and restructures the debt by way of convertible bonds or some other means of finance, maybe even a fundraise. Tomorrow is D day where the company will have to state their position. Look forward to seeing what happens.

It's probably down because all markets are down, caused by Trump and his extortionate tariffs, sentiment is low evrywhere. The company has also been badly run. Looming suspension due to delay with the Annual accounts, is also having a negative impact on the SP. If it drops below 20 then that would be a disaster considering the size of the company. A company of this size now worth 150M? Highy undervalued. It will rise back up once the Annual reports come out and/or if the company is sold. It may slide some more, but if it falls below 20 I'd be surprised. But with AIM stocks, anything is possible. The worst that can happen is the Sale doesn't go through, and there is a shock Annual report which could land the company in hot water. My guess is this will be a quick fire sale for 35p per share which is not a bad return from these levels. Just bought a load, cant turn down opportunities like these. GLA.

I think the company has been giving out very innaccurate figures in their recent annual reports, which is why the latest one is being delayed. I think there will be lawsuits evrywhere when investors realise that figures are nowhere near what was projected. I think the company has made a lot of mistakes with their projected figures, and it will be shareholders that pay the price.

At 35p per share that values the company at 250M, they're basically giving away the company. During a Takeover period the company is valued anywhere from the lowest to the highest SP during the latest calendar year. This Share has seen £2.11 in the last year. This is a company with an annual turn over of 7B, thats not including the assets in their portfolio. From what I can see, the company is worth at least 2B. This offer should be flatly rejected by investors. How they could even propose such an offer, it's preposterous, unless there's something Im missing. The company doesn't seem to be under any financial distress so why would they need to sell? If it's capital they need they are well covered by Corporate Investors. This just doesn't make any sense.

Can someone explain why this Takeover biod period has taken so long.

Considering the carnage that has gone on this week, this one has held up very well. The big climb today was probably caused by the price of gold going up, it's been getting stronger as other stocks tank. Look forward to next week.50 next stop. Onwards and Up.

Most of CNSL trade is done with China who have not increased their tariffs with the UK, so why have the bedwetters got spooked and sold off?

This has been trading strongly lately and we all know why. Don’t get me wrong, I’m glad this is trading strongly as I’m invested, but I have the company valued at a much lower market cap. Would love to hear others opinions as to why this is overvalued.

The UK government agency responsible for overseeing a national register of companies has collected just �1,250 in fines after being given new powers to crack down on corruption, it has emerged. Companies House is implementing a series of reforms, amid embarrassing revelations about fraudsters and jokers signing up to the corporate register with names such as "Darth Vader" and "Santa Claus".

The former chief executive of Metro Bank says he has been made "untouchable", advised to move to Australia and even had trouble opening bank accounts after the UK regulator accused him of misleading investors over a �900m accounting blunder. Craig Donaldson, who resigned in 2019, told the upper tribunal in London that both his career and personal finances had suffered as a result of the Financial Conduct Authority's (FCA) 2022 ruling.

Donald Trump's finance chief has rejected fears of a US recession despite the president's trade war sparking a $6 trillion (�4.7 trillion) stock market collapse. Scott Bessent, the treasury secretary, said on Sunday there was "no reason" to expect a downturn in America, claiming that the economy will remain buoyant thanks to strong job numbers, low borrowing rates and falling oil prices. That is despite mounting fears over Mr Trump's tariffs, which have upended global trade and rattled global stock markets. - Telegraph

That’s one thing with this stock, it’s very volatile which is why I like it. It may look like it’s recovering but it could drop further. I’m sure FTC relies heavily on trade so their could be more carnage to come.

All Stock Exchanges have suffered from the trade hikes. All stocks with the exception of a few have been hit. Whether now is a good time to buy or not, depends on whether this has hit the bottom or will slide further. I’m sure there will be plenty on here that will offer their opinion as to which way they think this will go, and will at the same time try to convince the gullible that their opinion is fact. Dyor and decide for yourself. If anyone wants to buy in now, that’s up to them, it’s their choice and money. Like the saying goes, you can bring the donkey to the water…..you know the rest. My personal opinion is I think this will slide further, in fact I think we could see a penny very soon. Genedrive financially is a disaster, only a uplift in sales will change that.

I know I'm a bit late but just as I thought, another fundraise has happened. The company is in a good space when it comes to the fundamentals, but when it comes to the finances, they are a total shambles. That Cheek fella they had as CEO recently, has brought this company to it's knees. The CEO before that wasn't that great, but when it came to the financial side of the business, he was a lot more savvy than Cheek. It's disgusting the way this company is run. I dont even look at this stock these days, it's already dead, finished, stick a fork in it. It's only going to get worse. Wont be putting another penny back into this P.O.S. Much better stocks elsewhere.

In the last 2/3 weeks I've seen market manipulation at it's finest right here. It's a disgrace really.

I agree, but it's a bit too late for that. The offer has already been accepted.