Member Info for OliG

Let’s hope it’s worth the wait. I’m quietly confident.

For those that are getting stressed about the current SP movement just look at the 5 year chart. You will see this sort of movement in the short term is quite normal. The important trend is the long term one and its firmly in the direction of North. Let the Directors worry about the business. They are doing a great job.

What report came out las week?

This is a first class company with a great future.

Positive AGM statement this morning.

Just taken advantage of this little pull back to add to my holdings. Great value.

Great volatility. I reckon Plus is making a fortune on Wirecard. It was one of the most popular bets and 80% were buy when I looked and its just gone down and down.

Its pretty straight forward. For every 50 shares you hold you can buy a new one for 65p which is about 4p cheaper than you can buy the shares in the market. You don't have to buy them hence why its called an option. You have until next Tuesday (30th) to make your election.

How did you arrive at 39%?

As well Optigene the article goes on to say "As well as trialling the Optigene saliva test, the Southampton team are exploring the use of other no-swab saliva-based coronavirus tests with companies including Chronomics, Avacta, MAP Science and Oxford Nanoimaging."

Its a whole page focussed on the story of the CEO Ondrej Vleck. He was the company's 6th or 7th employee and is clearly a very clever and motivated guy. I think Avast has a very bright future.

AstraZeneca is worth £110Billion.

Good article about Avast in The Times today.

I agree this share is ridiculously undervalued. When I was looking at buying in, the low share price initially put me off as I was suspicious. A couple of things reassured me which is why I'm here. 1) If you look at a 4 year graph the share price has steadily grown from 6.5p to 57p just before the March sell off. That's a 9 bag so clearly the market is getting there just not as quickly as the company has gown. The March sell off was way over done as usual and much has come back. As others have mentioned being in South Africa has also added to the perceived risk particularly at the moment. 2) The other things that reassured me is looking at the numbers themselves. They make sense and the business is generating huge amounts of cash. If there was something dodgy going on you would have seen the cash being used for long term investment plays. The real test will come when the results are out and seeing what happens with the cash. I will be looking for large dividends and large share buy backs. If that doesn't happen I'm out. If it does I will increase my holding but I suspect it will be at much higher prices than we are at now.

Goldman Sachs initiates British cybersecurity co Avast PLC AVST.L with "buy" and a target price of 600p - highest
among brokerages covering AVS. "Avast set to benefit from increasing work-from-home trends in a heightened cyber risk environment", says GS.
AVST is the "winner" in a cyber-risk world and that market under-appreciates co's opportunity for earnings growth,
says GS, adding that it sees an attractive opportunity ahead of co's first-half results.

You can only apply to buy 1 share for every 50 you hold. So basically you can increase your shareholding by 2%.

I've been watching this company for a while and this acquisition sealed the deal for me so I've just invested. My hope is that they can now use their greater size to drive up profitability which hitherto has been quite low as a percentage of turnover. Management are clearly ambitious and the business is in a great sector.

I bought into this today for the first time. Spent the weekend researching this company and couldn't believe what a bargain this is. It hits all my target metrics and is incredible value. I suspect that as this company continues to grow it will eventually come on the radar and there will be a big rerating of the share price. The dividend policy is a bit vague. Personally at these prices I would have thought it makes more sense to ramp up the share buy backs than pay a large dividend.

Absolutely. I was talking about the company. If the business is turned around the share price will inevitably follow. Its not as if the company is saddled with large debts to constrain bold action, in fact it has no debt and healthy cash balances. I like the decisions the new management have taken. The opportunity for this company his huge.

I've just bought in here. I was a holder a few years ago. I now think this is an excellent recovery play and has the potential for strong growth. Once that happens this will be a cash machine and the price will be multiples of where it is now.