Member Info for NicetoMichu

Turnover was excellent but margins got hit heavily, seemingly mostly because of inefficiencies coning out of working alongside co-vid.

And through an incredibly difficult 2020 for the World, the company is still decently profitable and nicely cash generative and its strong balance sheet is intact and capacity to maintain decent dividends is good.

With vaccine coming and covid moving incrementally to the margins in 2021, the future looks bright here. So room for further s/p appreciation in anticipation of a better macro environment in 2021, I feel.

So -At 70p as I type - this remains a buy for me (55p was joke low imho) and then becoming a hold if it gets to 80p .. 100p by late q1 2021 may be a stretch challenge but is doable, hopefully.

loving the good volume here recently indeed longshorttrade.. even if it includes plenty of sells for now.. and maybe even some time to come, but hopefully not - and, whatever way you present it, there has been a lot of II selling of this stock this year at serious paper losses, for whatever reasons, alas - continuing good volume will help this share price move on up decently 'in due course' I expect/hope

Shocking to me that this is not much higher already. ( Again, this was .50 p with no clear drill plan/funding.. and now we have a large part free drill months ago announced and that drill project now 'in train' and with quick delivery timeframes... and for a prospect that's at least decent.. and we/re only at .60 p odd ?! )

So whoever is selling at such ridiculously low levels towards keeping this s/p down should get overrun soon enough, I hope.. and 1p + should come smartly here then, I hope.. and that's still a great risk reward entry price opportunity here imho..

We've just broken thru 70p and one more top for me just now to celebrate.. maybe the last one..maybe not.. here's to 80p before end November, hopefully.

Might even get another post here besides one from me if 80 p achieved :-)

Thanks for posting that response and PL is excellent at such responses generally these years: practice makes perfect.

My guess is chilston hasn't been in ppc for many years and has a low average price to boot?

This s/p has fallen so so so so so so so so so far over the years that PL cares iteratively less and less about shareholders generally these years..and I think II's have gotten that by painful increment and fewer and fewer trust or believe in him generally.. and them selling down/out is an utterly brutal thing for this s/p, alas.. and a downward spiral gains more and more velocity as it goes and getting out of it is extraordinarily hard, but can of course happen at some point.

More positively, the s/p has gone down plenty less than it could have today, so far !

I'm now a little more confident again that a break out is in early progress again.. but the spread is very wide this morning which has me a little cautious.. I did another top up recently and while still not even a medium size bet for me I have a pretty good feeling about this one going plenty higher from here .. but, again, this is a volatile/tricky share which can easily gap down as much as up at any given time.. so DYOR and be lucky

I just did my bit to help that cause A Parky and sold 10 per cent of my holding this morning (and sold 10 per cent earlier in week too for good measure)

Share options are useful tools, but the 1p level at this time is adding insult to severe injury.

I still think this s/p will go plenty higher at some stage though.

But this reminds me one more time that in spite of the recent year facade Peter Levine possesses an abundance of arrogance. That arrogance grew hugely out of successes in a very different oil&gas world paradigm that's now history, and in spite of being severely humbled in recent years the arrogance still simmers just beneath the surface and can't wait to bust out again.

Much appreciated Happysparrow and nice that you have put a - small - bet back on here too. And if you are to get more involved again on this BB please keep posting in the questioning way you previously have. (While we have plenty of brilliant posters here, plenty are often very slow to point out negatives as well as positives. And I often find I learn more from hearing some negatives too, versus the tomes of positives on rinse and repeat. That said I'm still long and strong here and plenty hopeful for the future. But this AIM sector can be absolutely brutal and the s/p performance of this company has been shameful since coming to market.

Btw MR B .. When you say we're at all time lows here, i take that in a very general sense :-) (the all time lows were in the 6's here and while historic charts may show end day mid/high sixes as that, from a bit hazy and happy to stand corrected memory, in day lows were - very? - low 6'sp ? I have 60p to 6p etched in my mind .. and unsurprisingly perhaps it won't easily leave my mind !)

Much appreciated on the below feedback happysparrow.. and very interesting to see you've dipped your toe back in SAVE That remains my biggest bet but also remains a very tricky/annoying share. I did indeed pay attention to that sale of Calabar next year news.... but I haven't seen any detail on that so far and so, for now, will sit on fence re deciding whether that's good, bad or indifferent for save...but interesting/refreshing that your instinct is it's good.

I'm big in PPC and small in Trin and agree with you that they could be range bound for a while yet ( the reason I'm small in trin now is that I actually dumped most of my holding to take some profit .. so a chance it may rally big somehow now of course :-) )

My two biggest metals resource holdings are TSG and KMR btw

As this is a blvn board I offer : If this goes back to 3's p i'd so a small top up. it may not of course.. and fine by me if it rallers into 5's p soon !

apols its 66 of his 101 posts since joining have been on zephyr ( i looked at the visual only first and that was last 30 days only )

Hi mcadder, I always like to keep tabs on a broad church of opinion and so have not filtered sonofscb so far.

ps: I note, that zephyr announced that the Uni of Utah had chosen their site for the exploration drill grant on 2nd Sept and sonoffscb became a member of this site a few days later and apppox 90% of his - plentiful - total posting since has been directed at undermining any potential s/p increases here ..and we have had a few rallies in those few months here and he has gone into overdrive posting mode towards quashing them each time and some selling has kicked in in parallel.

here's hoping the spread closes thru the day and this s/p wakes up.. market makers are still cautious about a seller about, seemingly.. and sonofscb is trying extremely hard on this bb to manage this s/p down, which may or may not, in some shape or form, be an interrelated thing?

Again, for this s/p to be around .60 p now is very surprising to me .. this was .50p with barely a hope going forward, where we are now versus then is chalk and cheese imho, yet despite early positve movements the s/p has fallen back again, when most might reasonably expect it to have kept ticking on up .. but the coming weeks RNS 's up to drilling results should help the cause plenty.. and if there is a decent strike achieved this would go exponential from such miniscule market cap levels

My bet here is most all about the Q Sphera delivery tech and those two collaboration exercises leading to something meaningful. ( se below for summary from previous RNS )

I'm hoping that some early feedback on these is forthcoming pre year end, as up to nearly 6 months will have passed by then.. so I'm generally feeling my position was a little small here now .. while I got one top up at just under 26p this s/p has clearly not continued on down towards 20p, so far.. and with afore possible update before year end it may not do so in coming weeks either now, i'd currently guess.. and so I bought a bit more today into what might be the beginning of some sort of rally in anticipation of such news by year end. (still open to buying plenty more of this head back towards 20p ahead of next news, of course )

(''On 8 June 2020, the Company announced a collaboration with Dr Reddy's Laboratories Ltd and on 21 July 2020 the Company announced a second collaboration with a European affiliate of a global pharmaceutical company, in each case to explore the feasibility of applying Midatech's Q-Sphera technology to the partners' proprietary products. Currently the revenues associated with these collaborations are not material to the financial position of the Company, but the Board believe the collaborations are encouraging early validation of the technology platform and, if successful, the Company would expect to enter into licensing and technology transfer agreements with its partners including milestone payments and royalties.'')

I have 6 or 7 O&G legacy 'write off' holdings and look in on sundry boards from time to time and, if VO&G recently is anything to go by, am all for seeing HS involved in them !!

This one I actually have good hope for still and consider it about the best of my dog 'write off's' .. indeed to the extent of me topping up at plenty lower and not being that far off b/e here now.. so here's hoping.

PS: my absolute mongrels of the bunch are the Z brothers: Zenith and Zephyr. I dare you to find something good enough to buy into in either of those HS, please :-) Extraordinarily low Market Cap 's might make hard core gamblers want to have a flutter in either granted.. but many might say they're so low for a reason, of course and absolutely DYOR

Mr D's might offer that you are the greatest 'deramper' in the history of Flx, FK1 :-) Very correct in your 'deramping' calls so far, of course. (Towards countering part of your retort in advance: If this was wallowing around say .5p and they announced a million pounds new contract with good margin, you might well buy in here asap for eg)

I sold most of what I added in that rampfest FK1 .. when laptop disappeared and you showed sales coming thru smartly (started buying at .82p and second tranche around .90 p so tiny loss altogether only ) And so have approx 2 k gbp only in here now that’s well under water of course

Ps: You wouldn’t criticise a deramper here as it’s in line with your view FK1 . As dodgepot and mr dribbles equally wouldn’t criticise a ramper ..

That year and that price was around my entry level too telegraphist.. and like you I've averaged down a lot since.. and it certainly has been 'a journey' !

But there have to be many more looking in / posting here who come on board at WAY higher than that. From the s/p chart on their website this actually briefly peaked at approx 60p - 2014 - .. so in terms of Top Trumps, I'm looking for someone here who first bought around the time of this - complete and utter dog so far, in s/p performance terms at least - coming to market?

sonofscb is of course entitled to his opinion and it could be argued that he adds balance here.. and he could of course be right too.. but he could be wrong and people place their bets as they see fit.

I had a legacy Rose holding that was - of course - way under water but have added a bunch more in hope that this time round it will be different.. and there is an exciting and co funded for free drill coming in the near term, so here's hoping!!

PS: I'm surprised that this has fallen back to .60p recently .. as poo has had a reasonably good run back up off the back of co vid vaccine hopes and the drilling is soon upon us and the new management team has been impressive so far.. I was expecting plenty closer to 1p than .5p at this stage, in truth.

Laptop 15 might be back in due course as Laptop 16? The brains trust posters here will spot that one and power that laptop down !!

This looks to me like an executing broker for an II - or two - has instructions to gently sell ongoingly into any increases in s/p until a rump position is cleared to zero.. towards an orderly and not - particularly - time critical clear out of remaining holding(s). I'm further guessing Norges Bank held off selling down its rump holding in any sort of meaningful way at all while IFC was actively selling in the open market - towards not decimating the s/p altogether- and has now recommenced gentle selling. (And there may be other II(s) with small remaining holdings selling along similar lines too) And towards doing things in three's, my final guess is that total II size for selling in coming weeks/months is relatively small altogether.. eg no more than 500,000 gbp worth at around currents/p value... but I could easily be completely wrong ,of course