Member Info for Nortel

Gavin Newsome apparently saying "Soluna has been a great investment".

Lets hope that augurs well for the forthcoming renewal discussions.

Having been involved in investment and markets for a long period of time , it does take something truly exceptional to surprise me. THG fits that bill. Back in the eighties Polly Peck became the poster child for examining cash flows rather than manipulated earnings numbers. Today , THG is the poster child and case study for appalling corporate governance coupled with management incompetence. Rather than lambasting the LSE for every failing under the sun , perhaps Mr Moulding should consider that LSE's failings lie closer to home ie investors being turned away from the UK market to avoid investing in shambolic companies that have london listings where corporate governance is non existent and businesses are not being managed for their shareholders ! Just a thought

Share volume up out of nowhere. 1.2m traded at a £1 , as a price to be paid to exit. Perhaps a function of continued redemption in this area of the market but shares look to have been picked up. Interesting timing as trading update must be due about now given last year's timing.

Harwood been topping up

Tuesday 26th March for Full year results and hopefully a positive update !

Yes , glad to see it emerge a little from the doldrums. Thought we were going to have to wait until full year results for it to spark into life.

Their website advises that trading update coming tomorrow , 22nd Jan.

Fingers crossed !

A somewhat tepid response to today's announcement. Clearly the rush of money in the last couple of days was expecting more news other than California. Nevertheless , while nothing new it is still a big positive given they have confirmed that they have delivered everything they said they would and on time.

Lets hope that this is simply the start of further announcements.

It does appear to have had support the last couple of days. Unless there are any funds requiring to sell to meet redemptions , there is unlikely to be much supply of stock.

ShearClass , i note cannacord had over 13.5% last May so unfortunately i guess they may have some way to go , though as you say its unclear how much they may be forced to liquidate. Its certainly very positive that the shares hold the 300p level notwithstanding the odd day.

Your digging on future opportunities is certainly potentially very positive , even more so than my previous expectations !! Fingers crossed.

Yes , news vacuums are never good , especially for AIM stocks.

Nevertheless , the fact that the launch has gone ahead as expected is clearly positive and in itself not a requirement i guess for an immediate statement given they have already said it would begin on Jan 1st. The fact that there is no statement at least means nothing has gone wrong which would have required said statement.

Hopefully a trading statement will be forthcoming soon which will also provide an update on Pennsylvania and if very lucky something on new opportunities !

Thanks for the update. Thats Pennsylvania sorted so hopefully we will get more info on future opportunities.

The linkedin post was very interesting and does highlight the good position the Co is in given the requirement for such services which will only grow.

As you say , the future looks very interesting for this company.

Hi ShearClass

Thanks for posting the links , very helpful.

The big frustration for the company will be the inevitable delays that occur when dealing with public bodies and funding. Nevertheless , patience will be rewarded here as i believe the risks associated with public funding being pulled or kicked into the long grass are less relevant here.

Hopefully the next couple of months will see significant updates on their progress.

Am with you on this one. The scourge of AIM when there is no newsflow and stocks drift without any thought to what their position is. Certainly an opportunity for people to get in at the previous (premium) placing price.

Pennsylvania seems to be taking a little longer but there has been nothing to suggest any issue here. California kicks in from Jan 1 which is a material gamechanger. 6 months ago the Co talked about consolidating current position and not being distracted by New York or North Carolina. I don't believe for a moment that is the case now given California is up to speed and good to go live as expected.

For me this stock is simply the wrong price which will become evident in 2024.

While i never subscribe to noise around where Co's should be listed etc , i can't help but wonder with the large and growing US exposure , what this would look like if listed on Nasdaq.

Difficult to guage where value is. All chat of SMS, buybacks,divis etc is pretty irrelevant at the moment.

This is all about negative operating leverage and the fear over Q4. The latest margin downgrade is no surprise when revenues are less than expected. Big fear is Q4 which is a big quarter and if revs are light then margins could get massacred especially as i guess that budgets will have expectations of this big revenue quarter. I reckon it would be a brave call to go in ahead of these.

Next year is big for traditional agencies -US elections, Olympics- but less clear where S4 sits in this environment.

I have been in and out of this twice in past year , profit making once and losing once. Not brave enough to call this one yet