Member Info for oogleflugal

Possibly this news encouraging some positivity here. Will we take part in the IPO? probably not, but at a possible mouth watering 2 billion float these are encouraging signs of what is to come.
Singapore-based agricultural giant Olam International on Friday said it has chosen London for the initial public offering of its food ingredients business.

Olam is in the process of demerging its two units - Olam Food Ingredients and Olam Global Agri. OFI supplies ingredients and products made from cocoa, coffee, nuts, spices, and dairy. The IPO is planned for the first half of 2022 and will be joined by a secondary listing on the Singapore Stock Exchange.

Amazing isn't it. All this institutional and director buying and still the sp drops. Very weird

https://www.**********.co.uk/articles/q-a-with-amati-global-investors-fund-manager-dr-paul-jourdan-cb09037/
This little chat on Heiq is quite interesting released yesterday. Amtai Fund manager explains why the market has got this wrong, or why retail investors have got this wrong, although as I said before there were a couple of big sells that set the slide. 'This is a unique company with possibly one competitor vaguely in a similar area.' Very interesting about cleaning in hospitals fighting bad bacteria with good bacteria just like our guts and sourdough bread. Quite happy with my large holding now and look forward to next update which I would expect to surprise on the upside. DYor etc

The sp seems to be saying good riddance

Good for you Everopt. I ran out of money at £1! I did post there was money to be made here after the drop.a while back. I never imagined that Jani would sell all 11 million shares. He initial sold a few and then 1% Is he planning on buying a cruise ship?
The AGM was behind closed doors. My main question would be is 'have the directors acted in the best interest of shareholders'. Clearly there were alternatives to them filling their boots @80p with price sensitive information not disclosed until the deal was done. Glad to be back in profit with it in my ISA .

I bought on the day of results and continued buying all the way down to a pound. There will be justifiably be many very angry shareholders who sold out and lost money because of their secrecy and privileged position

Its bouncing back now, but they could have explained what was happening and done a placing at minimum £1, perhaps more and been well oversubscribed. Instead we get an RNS about record month and the sp gets shoved all the way down to 92p, before they explain about little piggies with snouts in trough

Argentex Group PLC (AIM: AGFX), the provider of foreign exchange services to institutions, corporates and high net worth private individuals, announces that following the resignation of Carl Jani, Co-CEO, announced 11th June 2021, he and the Board have agreed an orderly sell-down of the entirety of his shareholding in the Company which completed on 10th August 2021.
Well nice for some to line their own pockets when it could have been an orderly placing, rather than keeping ordinary share holders in the dark. Another poor example of AIM. I have bought quite a few but not at 80p. They better pull their bloody fingers out now

premier effing miton sold 1% of their 15% holding. Couldn't have done that on the open market , so another trust fund must have bought them

Phil shuffles more shares into various family ISA's. So no new buying from directors but he can claim some tax losses.

I see Scooby mentions Lloyds as a possible takeout candidate which is a perfectly reasonable possibility with the CEO 's banking history. Lloyds desperately need a legitimate area to gain market share and with curtailment of investment activities for banks ULS would make a perfect fit to cross sell mortgage, insurance through Halifax, Bank of Scotland and themselves

Still seem to be some persistent sellers around possibly from the placing fall out . It can take a few months to filter out, especially in this market. More shares at a very decent price for me though thanks.

I bought 3 tranches this morning @ 74.6 , so Kestrel are not the only ones buying. Unfortunately not in their league. I was suggesting a share buyback rather a dividend with only 65 million share in circulation. Its just they have a lot of cash doing sweet FA. See River & Mercantile took a 4.9% holding end of last month possibly off Octopus I guess

Quite up-up. With my last house purchase I did a lot of the work myself, planning searches, alteration approvals etc, and finally got a very nice rebate on stamp duty because I discovered that buying two properties on the same plot entitles you to multiple purchase discount. My solicitor didn't believe it so agreed to repay half of his purchase fee too, which was quite something for a solicitor.
I can't understand how Kestrel are buying shares almost every other day and the sp still languiing. Shouldn't they be doing a share buyback for regular shareholders too with all that cash?

I would say its definitely micro chip shortage that is the worry. Naturally its quite complicated. Electric car manufacture has had an impact but they use a different kind of chip ti companies like Intel. There is the manufacturing capability globally but yet again supply to some extent has been let down by inefficiencies in China. Some western manufactures are reluctant to build new factories because with margins so low, the worry is the market could be flooded when the Chinese get their act together. Thats the big unknown with China, apart from the general secretiveness and incompetence they like to play games like selling off their metal stock to try and drive prices down. Long term its never going to work.
We can only hope that CNC have a very good relationship with suppliers and were warned to stock up. They are in a strong financial position so hopefully can withstand a blip easily. Intel have put out a statement about supply which is a bit negative, but I would expect it to be more of an issue for a company that size. Others expect the supply to recover this year and back to normal next year. Nobody really knows the full impact of the Suez blockage yet and expect we are only just seeing that coming through now.

I would say its definitely micro chip shortage that is the worry. Naturally its quite complicated. Electric car manufacture has had an impact but they use a different kind of chip ti companies like Intel. There is the manufacturing capability globally but yet again supply to some extent has been let down by inefficiencies in China. Some western manufactures are reluctant to build new factories because with margins so low, the worry is the market could be flooded when the Chinese get their act together. Thats the big unknown with China, apart from the general secretiveness and incompetence they like to play games like selling off their metal stock to try and drive prices down. Long term its never going to work.
We can only hope that CNC have a very good relationship with suppliers and were warned to stock up. They are in a strong financial position so hopefully can withstand a blip easily. Intel have put out a statement about supply which is a bit negative, but I would expect it to be more of an issue for a company that size. Others expect the supply to recover this year and back to normal next year. Nobody really knows the full impact of the Suez blockage yet and expect we are only just seeing that coming through now.

Trust me to put the mockers on it. Very true , there has obviously been some persistent selling. People are far too impatient with it imo. Acceptance statement from are new CEO: Dr Miles Ad**** commented:

“I am very pleased to take up this role. Concurrent Technologies is a fantastic organisation. We have great people and technological capabilities and a competitive customer offering. I look forward to leading Concurrent Technologies in its next phase of growth and creating value for all our stakeholders.”
Its not a question of if , its more of a when, which we will get some indication of next month. I'm guessing the chip shortage factor has been an issue with lack of confidence here. I'm quite happy to start purchasing again if it does drop again.

Thanks Uria. Keep the upgrades coming. Hard to say who looks more excited Mr Creamer or the CEO! Certainly this is much better than the results presentation.
Kind of underlines what I was saying about we should be in the tech sector making the point about raw materials for the shortages in semiconductor manufacturing. There's no semi conductors without mining companies like ATM

Just to clarify 'targeting $100 million revenue' and the extract was from Sponge share blog with proactive interview posts earlier by another poster. Really worth reading if you look back a few posts for the link.

Some excellent posts here , thanks guys. One of the better boards on LSE or adfvn come to that. Guess the widening loss headline was the focus for some investors pulling out and indeed the aptly named Motley Fool were bleating on about weak balance sheet and lowly revenue. I find it usually pays to do the exact opposite of their advice. I think there is an argument that ATM should be in the tech sector seeing as that is who they are mainly servicing.
Targeting 100million revnue in future years! The oversubscribed raise puts the company in a very strong position having settled Long term debt liabilities as recently RNS’d. In fact a portion of that settlement was c.£750k equity at 4p which could explain the recent weakness. However I think that will have been flushed through now or close to.

Lithium in Focus and it could be the Icing on the cake!( Extract from Procative )

We all know about lithium and its important role in lithium-ion batteries but I am seeing more and more commentary on the metal and getting twitchy myself about not having any decent exposure !