Member Info for Newrino

I thought the presentation earlier this week was okay; a bit lackluster. Bobby's answer to where do you see Yu in 3 year's time was a politician's answer and so was unconvincing. This was a chance to leave us in high spirits with fire in our bellies, but we just got an asinine boilerplate nothing answer. Disappointing. Bobby seems like a risktaker to me, as entrepreneurs should be. He needs someone forceful by his side to keep him in line, is my guess. I am not sure that he has those checks and the 2018 debacle might suggest that he's historically been light on the granular detail.

As a long term holder, I have come to the conclusion that this share is being used and an income share; sell and buy back. I would have made tonnes if I had, had this approach. Just when you think the rise in inexorable it drops a couple of quid. I could've bought a new car this week if I had that approach, but haven't, sadly! :(

In the next 6 months, I am hoping we get a base somewhere nearer £14 and maybe £15 to £17 in the next 18 months. This would seem to be entirely realistic to me. That's still a great investment for current non-holders.

I am less sure about the share being with £94 on a 12x EPS in FY25, although, clearly we'd all love that! If the company's investor roadshows were an uninspiring as the CMI presentation this week, I can see why institutions are not all piling in; there may be lingering doubts around management. The numbers are great and have huge potential., assuming nothing has been mucked up. The comms suck.