Member Info for Narada

Thank you so much for the information Wolfbag2. So from what I gather, if I do invest in Raven it makes sense to invest RAVP for it's proposed dividends and priority is bankruptcy occurs. Can;t see any value in buying Raven Property (RAV) shares then. If I'm missing something please let me know otherwise I'll definitely be keeping a keen eye on RAVP and the Ukraine situation.

Can anyone clarify what the difference between RAVP and RAV are. They're both listed on the LSE but appear to be the same company at face value. What is the difference as to what you're buying into in respect of one or the other?

Any clarifications or advice as to anyones opinions on which has merit would be very welcome.

Until the Ukraine situation is satisfied to everyones liking, I wont be investing but, in the future, it would be good to know the difference between the two.

Many thanks.

Wow, thank you so much guys for your most detailed and informative responses. You have definitely given me food for thought and I'm incredibly grateful. I'm with you all that , even to a novice like me, the contracts already attained in the past few months as well as the potential going forward , makes this company incredibly undervalued. This currently seems an incredibly pro active company and hopefully, as you say, soon the wider world will see this.

I take your point Bennister about shares dilutions and amounts in circulation over differing time periods. I clocked that about 6 months ago and am really surprised that there are many graphs and charts in respect of a company's share price but I can't find any simple chart to make an informed judgement on current and historic share price in relation to the shares in circulation at any given milestone. That would make it so much simpler for a novice investor like me to see if a share , for example, has gone down by 90% over say a 5 year period, is that with roughly the same shares in circulation ? If double the shares are in circulation then I guess the drop is 45% in real terms which throws a completely different angle on my judgement making.

I'm new to investing and the more I read the more confused I get.

In symplistic terms, I'm told the Stock Market is forward looking. I would assume the market has the same information the rest of us do, and more, and yet this share defys the information provided within this board. In 2018 and 2019 Live made a loss each year of £ 2M and the share price was at a height of 90p then. We're now at under 5p and, from what I'm reading here, revenue is increasing beyond all expectations. If I was a broker and saw a share 95% down but with revenues increasing way above it's 90p value in 2018 it'd be an absolute 'no brainer' and yet they're not all running for the cheque book. They're either completely oblivous to what the likes of MB10 can see and reads or their calculations and estimates are at extreme odds to what some projections here are.

So MB10, the accounts for 31 December 2021 should be with us in a couple of month I'd have thought. From the £8M loss last year, what is your estimate it will be this year? A profit? Or even break even would be dramatic and yet the market can't see this; only us from the information the company are providing us.

None of it makes sense to me.

Ah that's what I'm missing then LLucan. Thanks for clarifying although , I appreciate, it's guess work on everyone's side at the moment. So there wont be any dividend to us from Phoenix maybe but just a buyback of a share that's crashed nearly 40% in the past year so that buy back wouldn't get someone anywhere near break even as a result of the buyback. It'll just get lost in the market sentiment at the time with potentially no financial reward for it's shareholders. If it paid a Special cash Dividend which is how I read their announcement that, of course, would be a different situation.

Now I see why Phoenix isn't having any effect for shareholders. Disappointing but then I'm getting used to disappointment with the Stock Market as everything I touch seems to end up with knock after knock. Oh well, that's gambling I guess :)

Thanks LLucan for your most helpful reply.

This is where I'm more confused then. From what appears to be the case then , if I bought today at £ 1.95 I'm in for a 28p return within a year ( 7.3p X 2 plus 13.6p from Phoenix) . That's about a 15% dividend return !! If that's the case the general market must be incredibly worried to pass up that opportunity and in fact keep selling to lower the share price even further. I must be missing something; surely ?

Can someone clarify the Phoenix distribution to me to see if I'm understanding it correctly:

1) It will be paid in cash and no company share buy option instead?

2) We're speculating 13.6p a share but Abrdn haven't confirmed this even though I thought today would be the day details were to be given? So we still don't know how much or when? I'm assuming next tax year?

3) the 13.6p if we do get it is ON TOP OF the 14.6p for this year?

4) Is there a date as to who is eligible for the Phoenix distribution ie all shareholders at the date the sale was announced and not eligible to any share purchases after that date?

It all seems so vague to me but I'm probably missing some important details the company have announced. Any clarification would be appreciated.

I'm thinking of investing into this company but I'm a bit confused about the share price performance over the past 3 years.

I appreciate the company has taken a massive hit recently due to disappointing product results but it's still 500% higher than it's December 2019 price. I'm wondering if it could reach those 5p lows again in the near term or whether the company has changed to such an extent the valuation in 2019 bears no resemblance to today. If so, what merits the 500% increase? They must have so much released( ie products out there making money) or pent up potential to warrant the 500% .

Any clarifications would be really appreciated.

Had anyone got any idea when the next Dividiend is due to be announced and any guesses on what it's likely to be? Dividendmax.com have it down as yesterday.

Thanks for your help guys.

A J Bell have confirmed mine is not a " flexible" ISA and therefore I've lost the whole grand allowance. Thanks Uk Spac / FCA !!!

If your ISA is flexible you can use the transfer amount to reinvest Isa wise, if not isn't, you can't.

That's how I read it anyway.

Does anyone know the ISA position with this share? AJ Bell have told me it's no longer ISA eligible so I've had to transfer it to my Dealing Account. I bought £ 1 000 of the share as an ISA on 4 March 2021 under Mountfield Group Plc. AJ Bell have the value currently as £ 548 being the value when it de listed. Have I lost that £ 1 000 worth of ISA allowance or can I transfer it to this years allowance. For example if it's worth was £ 548 and my 2021/2022 ISA allowance is £ 20 000 can I buy £ 20 548 worth of ISA's or basically have I lost the whole £ 1 000 allowance I used purchasing this stock in March last year?

Any help from you guys would be much appreciated. I'm sure I can't be the only one this has affected in respect of ISA's.

I've been investing in shares for about two years so still very much a novice and learning the hard way at times. Had many successes but many failures too.

Everytime a positive announcement is made on one of my AIMs shares and it goes up significantly the posts start. " Strap In", "Going to the moon", "wouldn't want to be out of this over the weekend", " 10 bagger at least" etc etc etc. Every single time this has happened, and we're talking a couple of dozen now, it has come to absolutely nothing, share price drops massively and all goes quiet until the next time albeit several dillutions in the meantime !! Then the merry go round begins again.

I'm so guarded now as used to get so excited and believed all the hype. It could very well be true this time and surely at least once out of dozens of times it has to be correct but I'm beginning to believe no one actually knows anything and the only thing that will keep a share price high is how much improvement is seen in pounds and pence on the balance sheets. The rest is just wishful thinking and, at times futile and distracting.

If this does multi bag I will of course praise those who stated it would and be very happy. In the meantime I'll keep the suit of armour on just in case . :)

This isn't meant as a de ramping; far from it actually. Just my experience of these situations and not specific to Bidstack or the commentators on here.

Yes really stupid and irresponsible comment to make Wellington99. Shameful .

I've been investing for about a year now and took me a while to realise Motley Fool nearly always tend to tell you to invest in a company once it's had a massive increase in share price from the lows. Even with Cineworld I'm sure several months ago it was saying buy at £1 but when it was 23p several months earlier it told you not to touch it with a bardge pole ! They're great at seeing big increases after they have happened. What use is that? I don't even bother looking at them now unless they mention a share I already have.

Yes , I've got something to say/ask. Why the 10% drop today? All I hear coming out of this company is good news on contracts coming in. We have lockdowns easing and encouraging figures on infection rates globally at the moment so all seems good to me but this share is nearly always in the red. Is anyone any the wiser?

I'm a bit of a novice with share buying and learning the hard way. I'm thinking of investing here but a bit unsure of how much the shares, in real terms have gone down. I see that two big drops in share price occurred around June 2019 and November last year. Is that because of some Rights Issue or other share changes? In June 2018 the share price was 492 which is over a 90% drop to todays price. Is this a fair reflection or, for example have there been double the amount of share issued since 2018 and, therefore, in real terms it's a 45% reduction for example? Just seeing how much upside potentially there is here.

To a real novice, the accounts for the company seem really healthy with net assets increasing each year. 2016 at 7 million, 65 million at 2020. Debt although ten times higher than in 2016, the assets total isn't far off that figure for the same period.

Compared to some of the other AIM company shares I've bought recently, the RNS talking about good sale prospects going forward, this with possibly a healthy balance sheet and what maybe a 90% drop in share price from it's peak all sounds too good to be true in respect of buying now.

Can anyone tell me, in a nice way, what I'm missing as sure I am.

Many thanks.

Thanks Stretchum for the clarification. I tend to invest more in companies that have had a sharp fall in share price but potential for it to recover. I thought at first Shefa Gems was one of those but, from what you've explained, if I bought in here I'd be investing in a company from scratch so no idea, from a historical share price track record, what the potential the share price could reach. So probably not for me but very best of luck to everyone here who is going to invest.

I'm a bit of a novice when it comes to buying shares. I'm looking to invest here but confused what I'd be investing in? Would it be a Spac company intending to go down the IT route rather than gem mining? If so the share price history will be completely irrelevant I guess. If this is the case will a new company launch in respect of the gem business and again if the case would imagine any share price history will be irrelevant between Shafa and the new company. Whichever way I look at it I'd be buying blind into either scenerio of company.

Well done " Could do better". I was concerned about throwing good money after bad but again at the moment another bad move from me with this share. Like us all I'll just hold the faith I guess . You win some you lose some.

I bought a few years ago at £ 3.68 and then again on the Rights Issue of £ 1.31. Have wanted to cry since. I thought a £16 high down to £ 3.68 was a bargain given how oil prices have highs and lows and since then we've seen some highs. Not for Tullow but hopefully I may break even before my letter from the Queen in the unlikely event that happens.!!