Member Info for MrBB

Prob with fobt s is that those losing £100 per spin are often people who are losing their weekly wages .Investing in individual stocks is considered extremely high risk by most fund managers .GVC is a relatively sensible ( & now blue chip) stock with growth potential & a reasonable yield but my portfolio is skewed towards high risk AIM stocks which have a higher propensity to multi bag ...... of go under

I would be surprised if we don't see a steady flow of shop closures over the next 2/3 years ,particularly as leases end & I expect we will have a much smaller retail estate to coincide with the reduction to £2. Kenny us no mug & I am sure he wouldn't have acquired the retail estate unless he could do so very cheaply & with view to sweating the assets before disposals

being played by MMs or others but to end up strongly on one of the worse days of the year for Stock Market performance is a major positive & my take is that positive news may well be released in the next week or two.

If they are expecting a flow of positive near term news they may have wanted these awards out of the way before our SP increases in order that the 6 key people will maximise their profits from the award-but , I appreciate as a holder of a large number of share I am bound to be looking for all the positives possible. The high volume today together with the reportedly very high number of sells & yet a (currently) firm SP is interesting.Makes one wonder whether news is coming & some know about it before others

I dont have a problem with share awards to retain key staff & align their interests more closely with ours.I would imagine that some of the key staff are not paid excessively & there is always the risk of their being poached by competitors.If they believe in our potential they will be even more motivated to help achieve the success that we are on the brink of. I do agree that details of the awards & to whom should have been disclosed. I hope they all become very wealthy from their free shares as that will help us all in our attempts at wealth creation here.

Betwixt the Bulls & Bears but I have held my ground (ave around 5p) & await substantive contract news (hopefully very soon)which will vindicate we Bulls & justify our valuation, based initially on the prospects for DA to prove to be a real winner in the IOT .Shorters may be tempted to close , particularly those still in profit

You get around -are you stalking me ?SEE,TERN & now VAL too-lets hope all are massive winners for us all !

Should have been viewed as good news for us & HIK but the Market clearly considers that Mylans second failure is an indication that we will fail at the second hurdle too, delaying the fateful day further.An optimist would suggest that we wont make that mistake second time around & we may then have some earlier mover advantage in the generic Advair stakes.The Market is struggling to see any positives in poor old Vec , endorsing my view in my previous posting.

Year end 30/4 & Results never before July & have been as late as Sept-so we may have to wait a while & perhaps Mick want to get 2/3 decent months of FY 19 out of the way to enable him ,hopefully, to declare in the outlook statement that we are recovering strongly.It will be interesting to see if they are persisting with Automotive as I understood that Mick wasnt too enthusiastic ( although I cannot recollect where I got that from )

We now need to hear that the mystery low cost components have been delivered to our manufacturer & that production ,shipping & invoicing of G2 can now , at last , commence & hopefully before 30/6

Great to hear positive news in this respect but why not give a more comprehensive trading update after the trauma of theborifit warning earlier this year.My take is -let’s forget about FY 18 but FY19 looks to be starting well

KK has inferred that we are close to an Aviation deal & the long awaited first deal in Rail must be ever closer & I would imagine that KK & team are very keen to close these deals before 30/6 ( ideally) & announce that our Far Eastern manufacturer is infact doing what it says on his tin - ie manufacturing . I appreciate that our SP may drift ahead of more positive news but I believe that there is a greater risk of being out than in right now , as we are close to an inflection point whereby a stream of positive newsflow could contimnue the rerating to much higher levels & that will hopefully be without bid speculation

The pipeline has not necessarily reduced to A$200 Mill ,IMO.Deals are being done directly with See & various distributors & I suspect that KK ,as a man of integrity,had to realease the RNS 3 weeks ago as soon as it became apparent that there would be a revenue shortfall due to the lack of essential components & would not have had the time to collate a more accurate pipeline figure.I agree that a back of a fag packet calculation following a relatively small number of emails to key personnel may have resulted in a more accurate figure but perhaps there wasn’t time & ,as ever,KK erred on the side of caution.I am hoping that he also erred on the side of caution with his 6 weeks delay scenario & perhaps our manufacturing partners will take delivery within,day, 4 weeks & some shipments can still be made before 30/6. Much positive neesflow expected in coming weeks (Apart from scope for an unexpected positive surprise)-all of which should help our sp consolidate at higher levels & continue to re rate.

Hardly a surprise that FDA May try to protect GSK & fact that their head honcho is ex GSK is possibly relevant .I found myself with a large holding here following the acquisition of my SKP shares & Vec has been an exceptionally disappointing investment ,so far .However ,they have some great products & patents ,£100 mill in the bank & I am beginning to wonder whether the worm may be about to turn .We all know that we investors should press our positions in winners & cut losers-well I didn’t !Additionally I find myself being strangely tempted to increase my holding ,on the basis that the news coming out of Vec May improve over the next year or so & the potential remains for our SP to regain previous higher ground & recover the heady heights of 150-200p ,providing a measured opportunity to double my money on a 12-18 month view.It would be contrarian but sometimes that is a successful strategy & it wouldn’t take much buying (or good news) for our sp to start recovering

After our rapid recent ascent we appear to be on an upward trajectory with positive news & media comment together with broker upgrades.Even the most successful stocks in history gave down days ( or weeks).The risk in being out or short is that the momentum will continue gathering pace backed up by the signing of more deals ( not all of which will be expected ).I also wonder whether the short supply components may arrive a bit earlier than expected (say 4 rather than 6 weeks) enabling some shipment ( & therefore invoicing ) before 30/6. High risk being short but if there is more unexpected bad news out SP will suffer & shirts will do very well.

I would love you to be right about Nasdaq but I doubt whether we are yet anywhere close to meeting their criteria for being listed.I agree that some sort of US listing is likely to be very beneficial although I still believe that KK will have one eye on the end game.

Is what unites us all here - is it not ?

Interesting concept GB2, although, given your figures of 42 X A$33mil,I make it about 40p.However, would our take out value be 42 X FY2018 actuals, or an average of FY19 & FY20 projections (based on contracts signed & to be signed in our 4 major areas of activity).FY2018 is almost history & it is the future which is financially very exciting for SEE - so if FY19 projections are for revenues of A$90mil, our take out price would exceed 100p ,given your multiple of 42. I am not suggesting that any day soon we will hear of an agreed bid of 100p + & I suspect that Ken will have to demonstrate further progression of our business plan first . As FY19 progresses & more contracts are signed (in all areas demonstrating the strength of our market position )& our revenues ramp up our value will surely increase along with our SP & a buyer (hopefully in a competitive bidding scenario) will have to pay a full price & we will all, including KK & his senior management team , will all have a very satisfactory exit.

Based on what we have been advised there should not be another funding round any time soon & the disappointing shipment delay is just that ,a delay, not an order cancelled.There must be a possibility of some upfront payments in respect of additional contracts signed & if we do need to raise more funds before profitability ( expected by 2020) we may find that the funds required will be invested by a global company who want a foothold in our substantial potential -say $50mill for 5%-10%, depending on our SP at that time & that also assumes we are still independent by then-which I hope will be the case

Cant fault sellers,particularly those who bought in speculatively & recently as they have doubled their money in v little time.However there is the risk that they will be taking their 100% short term gain but will miss the real action , which most long termers believe hasnt even started yet.There is much positive news to be released in the coming weeks & our profile will have raised substantially since this weeks RNS & we will have attracted the attention of all serious global players .Logic dictates that I should sell one third of my holding to have a free ride on the balance, but I have sold none & , if anything, I am tempted to buy more ahead of a continuation of the re rating.The application of our IP away from transport is also fascinating if ever we have the time to explore it fully.I hope we remain independent long enough to enable fair value to be achieved but there are many well researched posters here who do not perceive Mobileye being valued so much more highly than ourselves when looking at our massive potential