Member Info for MrBB

I was fortunate to first buy just after the IPO @ around 130p & have sold & bought back since most recently around the current price & my decent holding (for me) stands me in at substantially less than zero-& that excludes my total dividends .I have no complaints & will buy more on any further weakness ahead of Interims,the Interim divi declaration & the likely announcement of more buy backs,unless we more aggressively pursue growth by acquisition,which would be a good thing .

H1 dividend should be higher than expected so glad to have bought more last month .
Interesting to see whether our US acquisition proves to be a decent bridgehead into the US market as substantial growth could arise in US

DGaser-shouldn’t regret sale at profit -I sold a third at 141/142 & votes against the deal ,which I suspect the majority will have done & had there not been a new buyer & Carlyle collapsed our SP would have been under 110p -so ,sure I would have rather not sold any with benefit of hindsight but overall a much better prospective outcome & now possibility of an auction + introduction of a third party
Good luck all

Great to see Carlyle & pal ,little Willie ,not getting their own way & PIs ,for once ,getting a better deal .Interesting to know whether Carlyle/Willie expected you have to pay more & tried to buy Vec on the cheap ?

Nothing else to add !

Trading update tomorrow will be interesting .We have our substantial retail estate which will have prospered since lockdown ended ,we are more globally diverse & have a large % if the nascent US market -so I reckon our update will be very positive

Airservices Australia-owned by the Aussie Govt & responsible for 11% of The Worlds Airspace.Not to shabby a client for a first deal in a new area.Hopefully those responsible for the other 89% will be paying attention.

It would be interesting to know who got what ?

You may be right SClub7-but perhaps PM & our Board now see that we are at the long awaited inflection point & FY21 ended better than expected & FY22 is expected to show substantial progress.Cannot be anything other than extremely positive

1515 retrofit + new sims would be a decent first order !

Hopefully Lombard have decided to try to take their stake to just below 20%,which means their buying up to around 85mill shares in the market & there is always the possibility that other IIs (& Richard Griffith) will want to increase their holdings before the release of really good news & Finals -which could result in our SP recovering its composure after an couple of weak weeks

Presumably the US Airforce has to put all contracts out to tender & we all believe that we are substantially ahead ,currently ,of all potential competition (& if SEYE ever get a product to market the speed limit will probably be 250 MPH)-so the tender process will hopefully be a formality & let's hope that a contract is close to signing ,with either L3 or CAE as the lead bidders.

A trading update may not be issued until early Aug ,as in previous years ,although if revenues have materially exceeded (or fallen short ,which is unlikely )an update could be issued sooner .My view is that A$50 mill + would be an excellent outcome for FY21 but the most interesting figure will be the FY22 projection -which I expect will show reasonable projected growth while remaining conservative & we will have to hope for upgrades as FY 22 progresses

31/3/21-Outlook statement with Interims 'in line with expectations'.Since then we have been advised that Fleet has been very busy in Q4,Auto royalties should have slowly started to arise & we have our first (hopefully of many)Aviation deals-so FY 21 may not be ahead of expectations but it must ,at least, remain in line .Our losses reduced in H1 & that trend will hopefully have continued in H2.Lombard buying 1mill earlier this week isn't necessarily significant ,but they may have decided to take their holding back to 20%.
I would rather our SP had increased 2/3p rather than reduced -but remaining optimistic as we are on the cusp & I remain optimistic & continue to welcome all views,even if I don't like them

Todays RNS will give our new CEO plenty to talk about this morning

Strong buying in a weakening market suggests that there are buyers seeing our SP much higher & therefore happy to pay a ‘premium’ now in anticipation of substantial future returns .Upgrading to AIM must be on the agenda

I sold about 40% of my holding in the market for 5/6p premium & should have sold the lot !
Chances of counter offer now v slim

I appreciate that it seems to be a done deal but that does not improve my sense of either injustice or deprivation.Our value excludes most of the potential upside from Advair & none of it from our prospective Ellipta range generics & not even sure it includes the $32mill due soon from Pacira.
Pushing out expections from 2022 to second half 2022 in respect of "normalisation" of Flutifirm sales is pathetic & no mention of our fledgling CDMO business was probably an oversight

Hopefully our new CEO will buy some shares with his own hard earned cash to provide him with more skin in the game.If he believes in our potential & that our SP could multi bag under his direction he should want to benefit personally as much as he can.

Q1 was very positive & CMCX have recently announced strong trading so I have increased mu holding today in anticipation of a decent H1 update in the near future & the likelihood of a further buy back scheme to be announced with Interims