Member Info for MrBB

600k

Interesting to see £530k invested today into Fundamental VR & it will be interesting to see how the remaining £3.5mill is invested.I would hope for a decent % of another portfolio company, diversifying our position further & providing an additional opportunity for exceptional growth.....eventually.

As EM apparently knows about us & previously considered our product to be unnecessary,presumably he is capable of "manning up " & admitting that lack of DMS is at least a setback & possibly a marketing disaster if all rivals are rolling out DMS over the next 12-24 months(or sooner) & will use the existence of DMS as a strong marketing feature .
Perhaps EM will therefore perform an "about turn " & rapidly start working with SEE directly , or Qualcomm in order to incorporate our DMS in their software stack - which would , I believe, result in a terrific PR coup for SEE as it would be all over the press,both Automotive & general.

With view to the new buy back of a relatively modest $12.5mill our Board may well have a plan to expand further,either by additional US acquisitions or to invest for substantial US growth following our recent US acquisition.

Excellent results ,ahead of expectations & should volatility return,as expected by many commentators,we should benefit further-apart from the potential for our US "bridghead" acquisition resulting in the potential for substantial US growth.

A positive outcome over a period of market stability.Should markets become less stable,as predicted by many, we should prosper & our "bridghead"US acquisition should also prosper.

Interesting to see if Directors buy in decent quantities.

A particular attraction of this deal is that while consolidation our strong position in New Zealand & Australia it is also opening up the likelihood of strong expansion in the US-which ultimately should be one of our largest markets & will no doubt "comfort" US investors further

15%+ with CFDs

Perhaps the guys at Killick could have lunch with their pals at Cenkos & arrive at a more pragmatic valuation than 16p

Last Aug we were in 2.6-3p range & had been for some time.Interesting that PM didnt but then but recently bought at much higher levels.

Very low cost of our Korean deal & revenue=margin=profit contribution .If similar deals are announced soon in Japan & others our prospective income stream will ramp ip substantially & it would be surprising if Greg hasn’t already had some fairly blunt discussions with Norgine about improving their marketing efficiencies .
My view is that STX will be taken over at some point but hopefully not until our substantial potential is more apparent ,backed by tangible evidence if major progress

Widening our geographical spread s great news & a 15% royalty should result in decent 100% margin additional revenue.also bodes well for similar deals in Japan & other territories.Looking forward to Interims with interest & the likelihood of a strong outlook statement.

Whether any more stakebuilding has been occurring over the last couple of days,with view to volume & a few larger trades ?

The Green Blobs should all be guests of honour ?

Interesting play on The Future & after years of serious underachievement perhaps the new dawn is awakening for Jay -at last

Tiny cap so impossible to take a big punt but Tim Weller would be unlikely to have accepted role of Chairman unless the company had a very decent plan & I suspect a reverse takeover wont be far away

RG is known for building significant stakes in companies he believes in & our latest RNS & Proactive video ( assuming RG hasnt also had an encouraging discussion or two with PM )suggests to me that his stakebuilding is far from over if our SP remains at current levels.It would be interesting to know what his expected exit level is but fair to say it will be much higher than 10/11p

If funds are required to fund further growth another 10% placing with a strategic partner ( such as Qualcomm) with a Board member added representing their interests & to ensure our pathway to growth is smooth would make total sense & any other investors would still have to buy In Market.
Exciting times !

My concern has always been an early stage opportunistic bid which substantially undervalues our substantial potential to dominate an emerging but crucial market sector .We have never heard PM (or KK) so bullish & ,ironically ,my concern is that prospective suitors are already sounding our Board out & PM us trying to build a moat or at least extract as much value as possible at this stage .Even with competetive bidding it would be hard to imagine us selling for more than 25-30p currently ,which ,while giving all of us a decent or excellent return ,would substantially undervalue our vast potential 12-24 months down the line .