Member Info for MrBB

$30 pm may not seem much but currently generating just short if $1mill pm which is very profitable ,due to low overhead of data collection .I look forward to the time ,in the not too distant future,when we are installed in new vehicles at point if manufacture & we than have 100k connections ,rapidly increasing to 1mill or more -at which point we would be generating $30mill pm from monitoring alone .Surely not an unrealistic target (& possibly modest)with the number of commercial vehicles on the road globally & DMS mandated by 2024 ?I believe our deal with Qualcomm will help move us towards that ambition

None & only time will tell if I will regret it -Much scope for more positive news to support our SP increase & confirmation of our deal with L3 would be a great start

Congratulations to Baxter 1 for retaining 1.6 mill shares having sold 500k @ 10p -your cohinas are bigger than you led us to believe,despite your negativity.

Perhaps the King of DMS has abdicated ?

Well done rjb -it is all about timing & fantastic that you have seen such an early return .Many of us have been here for 7 years + -although being on a long journey has ,I suspect ,enabled many of us to build much larger holdings than we would have had if SP had immediately doubled within a few weeks .I have sold none & dong plan to as I am hoping we are only now at the beginning of recognition & monetisation of our incredible IP & my view is that our SP has much further to run .Volume has been much higher recently & hopefully news will soon be released to underpin our SP over 10p & to enable us to rise to a higher trading range ,before the next leg up

If he is right let’s it’s at a much higher price than 15-20p.

All investors make mistakes-sell too soon , too late , too many , not enough & to cope with being a PI we all have to learn the unpleasant truth that we are human & prone to errors.If it was easy , every highly paid fund would always be at the top of the first quartile & generate exceptional returns for their investors - but the vast majority dont !
Selling out completely would have been fatal & I hope your holding becomes very valuable !

Interesting footnote advising that Trading update will be on 21/1 but advising that revenue continued to be strong & exceeded expecations,despite retail lockdown.
lets hope MGM pay a fair price,ie £20 +-although I would rather we remain independent &continue growing strongly & in the unlikely event of that happening no reason why our valuation shouldnt match Flutter, in time

Perhaps it will take confirmation of a licence with L£, ideally with numbers attached, which will encourage Cenkos to increase their expectations, with view to Aviation being in for nothing ?

Will the Chinese roots ( & branches) of Omnivision result in our having a larger presence in The Chinese Market than exptedd, so far ?

MGM want our Ladbrokes & Corals stores & if they cant sell they will close.I have been a LTH & am not ready to sell yet ,while realising I may have no choice .It will be very disappointing if our Board accept a low ball bid as it gives them a very profitable outcome & some of the senior management are likely to be offered decent jobs within the expanded MGM Group- which may well influence their decision.

In addition to much crypto speculation -which will hopefully added to activity & profitability ,as it did 3 years ago

Call me a Wus but I sold 25% of my holding for a 400% gain leaving a ‘free ride ‘ on my remaining 75% & a cash surplus .If I had managed that with all my investments over the years I would be seriously loaded !
Good luck All !!

Around 50% of our issued shares are held by 5 IIs -all of whom we would hope will want to maximise their returns from SEE & if we can demonstrate an ability to monetise our potential with an expansion of our revenue expectations I dont see why any IIs will want to sell too soon & therefore to a low ball bidder .Lets hope the increased volume & firming if our SP us very soon backed up by news of contracts with values attached enabling PM & analysts to update their projections

As Festive boredom creeps in & while we all speculate as to our expected/hoped for SP next year, our current SP continues to edge forward on increased volumes ( despite the festive malaise) so lets hope that the buying vindicated "thee is no smoke without fire" & our SP continues recovering ahead a a flurry of positive news next month, starting with details of contacts arising out of our 2 MOUs & confirmation of our presence in new Autos.
Reading about Tesllionaires this morning allowed me to speculate as to how many Seellionaires thee may be amongst us next year-if the news flow is very positive,our trading performance improves strongly & our SP responds accordingly & we remain independent for long enough to achieve our ambitions ?

I would be surprised if they invest in anything but not if they paid special dividends .A syringe manufacturer could however reverse into CRU

I am sure most of us would be very pleased if we reach the heady heights of 25-28p next year ,which result in substantial profits for all of us .If we reach that level without a bid it will be following contract news ,the confirmation of the value that Aviation has to offer & further expansion of Auto & Fleet & a market value of just over $1bill for a company with the potential to have 30% of the global market in Fleet & Auto + 100% of Aviation is far from being too high

Great timing MG & with confirmation of GSK s capitulation & a positive trading update early next month ,including ,hopefully ,reference to our projected Advair royalties & confirmation that our CDMO policy continues to gather momentum ,our SP could rapidly approach previous highs ,having performed poorly since MH SKP shares were acquired .

Had the US company wanted the whole company they would have bought it -so IMO they have bought the parts they want .Unless Joe & Paul have large acquisitions in mind ,which I consider to be most unlikely ,a return of capital is most likely & could be 5-6p per share ,leaving a profitable smaller company (which excludes Mouldings which has been a Banana skin for years & Automotive which was never a good idea ).My view is that our 2 remaining subsidiaries will also be sold ,as will Haydock (£2-£3mill for this type of commercial property) & more cash will be generated & what will remain will be a shell ,into which a private company (not involved in plastics )will be reversed .Alternatively it is possible that a decent sized private plastics company could reverse into CRU ,keep the subsidiaries & we become a much bigger company with shares which should be more liquid & reflect fair value .
Either way 15-20p next year is entirely possible allowing long term holders to exit with a profit -something which seemed unlikely a week or two ago

Thats the point isb1974-how many of us who have built,in many cases,larger holdings than normal due to regular 'topping up',will be hold our nerve & retain enough shares to benefit from 10 bags if & when it comes.I have been investing for much longer than 11 years & I have had some 10+ bags but to make difference to your portfolio we have to have a large enough holding for 10+ bags to be significant .10 bags on £500 is terrific but £5k won't be life changing .I am guessing that 10 bags here will generate profits of over £1mill to a fair number of regulars here (based on Klicks last survey)-but only if the shares are held to 40-50p+