Member Info for Norfolkian

With a rush and a push £5 was breached...a good solid turnaround story after the disaster of 2021. With good management on board there is no reason for the company to not return to it's previous levels

Several new products previewed at the International Microwave Symposium in USA this week...new RF and Gan amplifiers and a new comms chip (from their US offshoot) used in defence/drone applications. All good stuff for future sales.

Topped up yet again as I believe a low has been reached and the market will react favourably to the Precision2030 presentation on 24th.

Sold out filtronic completely last week and bought back in to cml. Even at 3.15 it is still only at a 20% premium to what Nathan Zommer bought in with £2m over a year ago

Shutts

I took the advice of Jesse Livermore last week. He said that after a fall, if the line doesn't hold then it's time to sell. I waited all last week for a rebound according to his speculative chart that you mentioned, and realised it didn't apply in this situation. Luckily for me I sold up by friday.

Why aren't the company paying a dividend given the sp is so high and their cruises are selling out?

Yaz18

As a shareholder since 2019 at 8p I'm pretty much out except for a few 1000...seeing the sp not respond at this price and also seeing very large shareholders taking profits has made me realise potential gains may not be so great. Director selling at under £3 was also persuasive. Will keep a few 1000 until the ipo but tbh I think there are better prospects elsewhere or better to hold cash atm.

I'm new here: don't believe in charting but the bowl does actually look promising

I can't for the life of me see any appeal with these type of cruises, but my mum loves them...there is terribly rough sea in the bay of Biscay and on her last cruise the deck was closed due to health and safety and a few grannies could be seen toppling over on their zimmer frames as the ship lurched from side to side.

And what did she say? Brilliant, we all rallied around with the Blitz Spirit.

Absolutely bonkers, but then she is a widower and the staff always make her feel that she isn't so lonely. It's 5 star service and all you can drink at £500/day, and even though she is teetotal she raves about it. Like a lot of oldies who read to daily mail about rachel reeves trying to steal their savings, they think it's better to spend the money now instead of passing it down and rather than me paying inheritance tax at 40%.

All you can do is buy Saga

I get the feeling that a number of day and speculative traders have jumped on this bandwagon and are taking profits...as previous posters have commented, it is often difficult to buy shares due to a shortage of free stock, so selling and then trying to buy back later may be a case of missing the horse after it has bolted.

I hold 30k and have no intention of selling at what I think is a still reasonable price with 3% divi.

I thought the Dowgate Grp were building a stake for an outside interest? It's also a nuisance that there are also several large private shareholders like the Dixons and Newlands who must be off-loading shares every day - what are they to do other than wait for a bid to emerge? It would be great if Musk, Bezos or BAe could get their fingers out and just bid for filtronic, saving us the time and stress of staring at the screen price...

Respectfully disagree. CML has £11m in cash, makes 60/70% on each chip and has spent 2 years coming out of a downturn and stock overhang. They also have a developed US facility and a nav of £3.10, which is all impressive. Agreed, certainly not as impressive as Filtronic tho when talking about the space sector - as Ftc have engineers working inside Spacex and also their own manufacturing capability, but CML are not without credit as they have a specialist division who do consultancy work for Filtronic. Both companies have great potential but I think Filtronic stock has already risen substantially whereas CML are just beginning their ascent. The next 2/3 weeks will tell.

Topped up again despite being heavily overweight here.

Like the fact they have moved into higher-value products and are investing seriously into new products such as optics for autonomous cars/robots and digital healthcare/syncura. The aero/engineering side has also bought new machinery for the French factory.

Expect the sp to rise up to the director buy prices (50/60p) as it now looks the bottom has been hit.

Stoopid,

What's your take on the 4 short positions?

Did a quick tot up and there are approx 3 million shares held by small investors (holding 3% or less of the company) which isn't a lot considering 166k have gone thru this morning.

I may top slice a small percentage at £4 and then wait for 1) Spacex ipo on june 12th and 2) cml pre-lims on june 17th

Tight number of shares so the price will show upward volatility.

Regarding Filtronic, the price seems to have hit a temporary ceiling due to off-loading by large private holders which I'm not sure will allow the price to resume it's highs. Although I'm still keeping a number back for june 12th!

Previous notable highs were £6 in 2014 and £8 in 2001. This company has been going since 1968 and according

To the last report, "The Group is cash-generative, has no debt and is dividend paying". Expect the new purchase in USA (read Nathan Zommer in previous posts) to generate increasing space/satellite interest which will complement their recent £30m contract in marine comms. Hoping for £5-6 which is not an overly optimistic valuation.

I have insider information: my elderly mother is off tomorrow on a cruise around Ireland and has just booked another one for christmas. Says they are constantly full and tried to book one in september and it was sold out. Apparently she is looking at a golden ticket which means you can live on the ship full time.

She's happy but I'm saying Ship Ahoy! my inheritance

Hi Shutts: Agree that space will turn out to be a bubble. And since Spacex satellites have to be replaced every 5 years then ergo, Spacex will be a bubble stock. I've also been doing research into AI at PhD level and can see most of AI spending is also partly in a bubble. Chuck in shadow banking and Iran and...'nuff said. As with everything it's down to timing.

Re. Filtronic, if we're in phase 7 then we can expect a crash after the Spacex ipo, once the dust has cleared and folks start to discuss profits not matching up to reality. Personally, I'm all out by july. Do what the bankers do and stay on holiday til St Swithins Day.

Interesting article from Mark Watson-Mitchell, Director of SQC Research from last June. He set a’ total gamble’ Target Price at 290p. He also gave it a nav of 310p and added that the group could well allude to strategic new markets for its growing semiconductor portfolio, especially in the space and satellite marketplace.

Wouldn't be surprised if the Dixons/Newlands were offloading stock in the background, hence the fall.

What it has shown though is an appetite for buying at this level, so expect the price to rebound back to a high.

Too volatile and risky at my age...sold most of mine already and just waiting for a bid or £6 to sell out completely.