Member Info for NicetoMichu

thankfully. I kept a small amount of these since the Lakehouse days and have added a few more recently as I thought the - big - fall was over done. I added some more this morning off the back of this solid update and healthy looking future. Thankfully it is rallying back now.. still look cheap to me .. but a bit dangerous still I guess with previous tie in to Grenfell.

PS: Surprised nobody has posted here already. The restructure/rebrand is months old now and it's a decent sized and profitable company.

L&G have been selling down a big holding over months now. Have not got too much left now I expect and hopefully they stop selling now/soon but unclear still. Also another II, City Financial, was selling down recently too, unclear their intentions from here too.

Getting some funding sorted here asap is a very - very- big thing and I hope/expect that is close. Off the back of this a new dawn is possible here, I hope.

I also hold FUM and that shows that with funding sorted and a good potential product reasonably advanced in the approval process the s/p can turn around.. Here's hoping MTPH 'does a FUM' in the not too distant future !!

I agree that AIM is a very sick market and I like Ironic's post below. Lifestyle and dreamer and white collar criminal executives are of course a massive problem on AIM but the daddy problem of all is shorting imho.. with so little liquidity is so easy to continually decimate s/p's and that ruins the essence of AIM as a market (raise as you go as long as you're making progress)

Generally, not to mind, on average, being uninvestable; AIM is close to, on average, unbettable for going long at this stage imho.


As this is an FRR board: I had a small position left in FRR - it has been very good to me previously, luckily.. but other AIM names have not..as is the nature of the AIM game - at time of suspension and have been a little shocked by events, but sadly AIM is full of all sorts of manipulation, one way or other. But I'm still relatively hopeful here as a lot fewer AIM companies than should do actually do de list.. a last minute reprieve is regularly found somehow on AIM

Good luck to all fellow longs

people getting in ahead of month end - or there abouts - update I guess...I have reasonably high expectations of this update being a strong one and if it is there is plenty of room in the current share price for a nice rerate imho..

Not long now.. here's hoping !

I too expect the Asia Investment to complete relatively soon.. otherwise I wouldn't have been topping up recently at all.

FDA approval, if / when forthcoming, can come in various forms in terms of required next steps.. there are differing financial implications/timelines to each.. etc..

Generally, best we leave it at that I think, as I don't think it's worth while getting into a back and forth here now with you.

Good luck with your bet and as life a lot is about timing, getting in at or around these levels might well - hopefully - work out well ! (that has little to do with the history here so far though, and history can easily repeat itself in the future imho)

it would have to be very very good news to multi bag imho.. and 5 bagging therein on one given piece of news is a very small chance imho.. (although a buyout of the co. in total at say 25p a share would be fine by me.. and the s/p is so low now that it might be crossing the potential Asia investors mind that an attempt at a full buy out might be worth examining at least)

Generally, If the size already talked about Asia investment goes thru at or around current s/p levels it will be massive dilution and while it will secure the co. for a - good - while longer, just on the maths it will take perhaps a lot more buying pressure for the s/p to - multi- bag thereafter imho.. granted, if that investment was with a no sale clause for x period, how much stock is available to buy in the open market would of course be a big a factor in bagging potential thereafter too..

Also Asia Investors might - hopefully - see paying a premium to prevailing share market price as a worthwhile thing to do to support the s/p - as Silver knight hoped for previously - .but as the company are backs to the wall why bother.... or if they do bother for whatever good reason, why bother making it too decent premium... etc..

Finally, it will be interesting to see how the co. manages newsflow in the near term viz a viz FDA feedback and - hopefully - Asia investment completion and any agreements they reach with existing Institutional - Woodford especially and L&G too etc - shareholders re their involvement here going forward..

Altogether, this is a proper mess imho.. but not an irretrievable one, I HOPE
(and whatever happens from here, to date the BOD and previous management at least - jury still out on current management granted - has been a complete and utter disgrace in guarding shareholder value here imho)

as I did one in 7's and 6's p I concluded it would be rude not to do one in 5's too.. and I'd do one in 4's p too it goes there,hopefully it doesn't of course.. recent top ups as much desperation - to bring my average down - as belief, in truth... but I've still got some belief here.. not least that it won't go under in the short term .. so even if lower again off the back of further Institutional selling it could readily bounce more decently again on any sort of good news.. and there is potential for some good news in the short term, I think..

and thankful for it..some positive momentum occurring here now, please keep this up momentum going with another favourable RNS soon Mr Bird.. and then another soon after that please .. this seems readily achievable in my mind.. around 'Ard Rock and progress around Moz Plant used as collateral and around Production figures ...

thanks but I'm sad enough being on the UK BB and so will leave the US one in your capable hands.. please update here off the back as you see fit.. PS; good updating by you here generally, thanks.

indeed Jarv55.. City Financial selling down too.. 'not ideal' as they say..

No Jarv55.. and I have no interest in doing so either.. the s/p performance here speaks volumes.. but hopefully they can save the day in the end..

generally, if I lose all my bet here so be it as I'll have contributed to medical science potential advancement at least .. if I do ok/well/very well in the end so be it too and I'll make a donation to cancer research off the back..

...but either way i'll see this as a bad bet by me ..

good to have balance on a bulletin board .. but I like your positivity here Jarv55 .. and hopefully it comes good in the end.

I am indeed burned out on this one .. and it was in the 60's when I started playing.. imagine to poor sods who bought this at or around issue price of 250p ish a few years back..

bottom line in the games we play is s/p and s/p 300p to 6p in a few years is farcically hilarious... but plenty of room now left for upside, HOPEFULLY/MAYBE

hopefully indeed Jarvis.. but alas this could of course go further down too.. amazingly, as it has gone from around 300p soon after coming to market a few years back to 6p now.. that's way beyond frightening.. so anything is of course readily possible here in short order going forward... be 3p or 0p or 23p or 33p etc..

this one is for hard core players -aka gamblers- imho... place your bets, if you deem it appropriate..

Good luck to all fellow holders.

indeed randomaxe.. the RNS made me laugh: again, it's Nigeria...

you can interpret the RNS as good, bad or neutral imho.. .. I'll go with neutral.. and so have many others and so s/p is calm.. (off a bit today but so are others similar for macro reasons, any no biggy anyway..)

place your bets... or not, win big or lose big or don't bet on this horse at all.. huge chance involved here imho..

confusing indeed.. but agree with Silly bagger that it's likely different legal entities within the group.. L&G and LGIM seem to be two main entities and then there are sub entities therein too, I guess (eg assurance society and assurance limited pension management within one or both) .. but overall they may well still have more shares than left I'd expected/hoped..

The group are indeed changing direction George but I would suggest it's not what the Midatech group wants L&G holdings of its shares to be, it's what Legal & General wants L&G holding of Midatech shares to be.. and that's a lot less than it used be for sure and maybe going to go to zero in coming days/weeks too.. and there is plenty more left to potentially sell than I was hoping, which is a real pity and could further adversely effect the s/p, alas.. but who knows how many they still intend selling and if they can find a keen buyer for however many other shares they intend selling at or around current s/p levels.. but under 5p could still happen or even lower again imho.. but very hopefully not..

or Monday even (never liked RNS's on Friday, as often trying to bury bad news )
Here's hoping..

and stunned by how low the offer is. But I wouldn't vote to block this deal as the company is clearly in a precarious place and this will protect the livelihoods of many flybe staff and their families. So I've sold out fully now, accept the hit and move on.

Apologies for my bad view on 25p to 40p bid here and genuinely sorry for those who lose life changing amounts. With the s/p currently much higher than the offer I guess there could be a few twists and turns here yet though, so good luck to all those who are still in the game here.

(Generally, imho, you've got to see the speculation we all here undertake as a game, and please bet amounts you can survive without only, or else it could do your head in, and I wouldn't wish that on anybody.. ps: for anyone in a bad place now I offer that time can readily be a healer)

well L&G did not stop selling at y/e after all.. damn.... IF they intend going to zero then they may have sold into yesterdays rise too - helping explain the strong retrace - and so be decently further again below 3% now... but with still some more to sell in coming days/weeks, perhaps .. so still some ongoing selling pressure here for a while longer perhaps ? So 5p ish still a possibility here perhaps.. but hopefully not.. as there may be some more buyers out there now, one way or other.. (I'd defo. buy another tranche if decent further weakness)

well silverknight after that reflection I'm with you and George Inn on averaging down now being the way to go here:

With y/e now passed L&G may well have stopped selling and my guess is that loan announced yesterday was granted in the knowledge that previously flagged potential Asia money fund raising will definitely go ahead as so, as a long suffering here, I've decided there is still reasonable hope and as my average is way way under water averaging down somewhat is the best way to go now, I GUESS. So I bought some in 7's p yesterday and some more in 6's p today and may well buy another tranche or even two next week - especially if it goes into the 5's p - and while my average is now still high - 17p ish - I hope to bring it down somewhat decently further with one or two small tranche top ups next week.

Good luck to all fellow holders and here's very much hoping...

I still have a strong feeling that this will get taken over in full in due course. And there are three likely bidders, Virgin, Stobart and IAG. And I expect either one strong opening bid that will see others not bid or there will be a bidding battle - more than war - if a low baller bid is first announced. I think the final price achieved will be no less that 25p and no more than 50p

All imho.. and I'm holding patiently.

PS: CityJet ceased scheduled operations under its own name in October 2018 and continues to operate several routes on wetlease contracts for Air France, Scandinavian Airlines, Brussels Airlines and Aer Lingus. (And for info. for a previous poster : Aer Lingus is owned by IAG )