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Thanks PD and Run1. Like the Canine Times. I’m sure our dog would love to get his teeth into that. I used to get The Tea pot Times which I think was published by Clipper teas. Was lot more interesting than our usual rubbish press! Really much more optimistic now than two years ago when the price was 3 times higher, those far off days where it all seemed a bit flakey and Sci-fi . Now we are seeing real product, launches and partnerships. Of course profitability is key to sustained success but generally getting good feed back across the investments which are somewhat de-risked with a share price at its lowest level when placings are taken into account.
Ah I see Good Dog Food has rebranded to Meatly for imminent launch yesterday.
to be fair to blunalu it was probably mellon being a bit over eager with the facts. i get email updates from blunalu which are thankfully sp**** but always insightful about progress. you can sign up on their website. it does look like some good deals are being hatched in asia and middle east where they import most of their food upto 95%. this was always going to be a tricky phase, not just getting the food to market , but achieving sustainability and profitability. probably daft not buying more anic shares at over 40% discount. might put a few in my isa when we get to april if the price is still low. cant see it doing much for a year at least , although good dog food could take off this year end.
Gresham always are relaxed about their stock falls. Saw you coming! First there was the Jani fire sale mopped up by? The board. The guy got a bad case of covid it eventually transpired. So he had to take a 40 per cent drop! Seems a little bizarre. Is health care that expensive? Presumably these guys have health insurance plans. So is history about to repeat. The board generously mop up cheap shares again with no plausible and I mean plausible explanation.
BluNalu also updated today about progress to market and collaboration with Saudi. Only thing is , now talking about 2026 . So slipped back two years from original market launch, but it does sound lIke a big scale up.
‘It’s a high tech revolution.’ You don’t normally need to advertise revolutions but why not on LSE. Not doing much for the sp but clearly the board are as frustrated as we are at the stagnation of the SP. There are so few buyers around that people mainly any spare cash goes into takeover fever. There are too many small caps that are incredible value at the moment but unless they have some number crunching cash generating news it’s a brick wall. That will change and quite suddenly . We just dont know when. Would definitely rather be in than out though. If you think as many do this one in particular will multi back within the next 12 to 24 months trying to time it precisely could seriously damage your wealth
Quarter of the value dips with no news! I get the risk but what is the reward? Another good kicking in the gonads.
Expect Yani is thinking he was well out of it assuming his health is ok. I have to admit thinking it was a bit of an excuse using covid as the reason for dumping 12 million shares on the open market. Remains to be seen if ex ceo will do the same. The CFO only had 30k in plus maybe some options. Harry /Henry had warned of a slow down but was already on a low pe and pretty reasonable cash position and net asset values etc. this could be a good opportunity. The trouble is shareholders are treated with utter disdain and the staff are not held in the same regard as for instance Eqls. For that reason I will continue to monitor. I suspect this is the usual meerkat over reaction though unless told otherwise and on previous form don’t get the sp on that.
It is a huge debt. One which they claim they are paying off rapidly. Should get us back to £1.20! If it happens. Nomidea how liberum get £2 never mind £3.45. Gaga land like most brokers
New auditors well overdue. Lets hope they keep a better ship than the last lot
Let’s not loose sight of the announcement of the court approval of 25 million capital reduction on the the same day as the announcement of a strategic review. They now have a green light for the maiden dividend payment of approx 2.8 million leaving ‘distributable reserves’ of just over 22 million. As stated by the company there are various possibilities including buybacks and acquisitions. This requires careful consideration in the light of takeover fever gripping many UK companies. A methodical approach by the board seems a sensible course of action and flushing out possible suitors is part of the process to determine how the company proceeds in relation to the sizeable distributable reserves released. The current takeover market frenzy is hardly the responsibility of directors. They are merely directing the business of the company in its best interest.
Morbox. Know how you feel about Justin. Not great delivery, stuttering about all over the place. I have sort of got used to him now. He is pretty shrewd too. They all absolutely love talking shares and get genuinely excited. Makes for better listening than some of the quieter dead pan commentators.
Paul knows this company better than anyone. Although he admits not to have had any conversation with board, and these are strictly his own views, sounds like interested parties have been circling for a few months and therefore forced their hand to RNS. I’ve no doubt in my mind who the top fx company is withe the most desired technology. My money is that they will stay independent. The share structure suggests ownership is pretty wide spread, so unless the bid goes hostile it will be hard to get agreement for anything but top dollar. Dollar being the operative word. Paul mentions companies such as Paypal possibly getting interested. Their shares have been on a long slide, so can see this would be a great fit towards helping restore their fortunes . I see naked trader added recently although not massively yet. I re listened to the results interview early September and sounds like they have good projection into 2028 and no doubt. That will improve from there. Just amazed this has been dawdling around pound land for so long, as are many institutions across the pond. Gl
I think a lot of people seem to fave missed the fact that the main reason for their under performance in the past was that they were competing against free services. This is no longer the case. They are attracting good clients who know they get the service they want and are prepared to pay for it, and they look after their staff as motivation. While other companies no names mentioned have to fire the founders, spend a load of money building up a sales force which they are now rapidly offloading. The other key point in the RNS is ‘THEY WOULD PREFER TO REMAIN INDEPENDENT.’
The Board have declared they would prefer to remain independent but have given two companies until end of month to come up with a substantial offer if interested. Trading in line and see a great future. Gone have to be a big offer!
I really would not be surprised. Anything undervalued is currently up for grabs. The key words are ‘improving shareholder value’ which clearly applies to many shares on the uk stock exchange, accepting quite generous premiums, but generally falling short of potential value. I guess there has to be something in it for both parties. Certainly the weakness in recent share price doesnt suggest much about market speculation. This often happens though. The market makers get wind of it first and try to drag the price down to exploit. Cadbury was the first time I noticed this kind of reaction, a few yers back. The sp kept falling and I took a lucky punt, but couldnt buy many. Monday morning Kraft announced they were buying the company. It was a poor offer, and should not have been allowed to happen, especially since all the provisors were reneged on.
I would hope they would not consider any offers below £1.80, preferably over £2. Gl, nice problem, but will there be any quality companies left by the year end? I guess the guy who made the initial big sale @ £1.05 after interims will be kicking himself, or someone will be kicking him if a fund manager. Personally I would very much like to thank him!
The largest Holder Richard Griffiths trims 30 percent holding by about 3 per cent. Would seem a reasonable move with that kind of holding. The stock seems to remain strong in a very weak market.there is a very good video on Niox site about the product and history of development. Seems to have a long and vital future ahead in helping the millions of sufferers exacerbated by the tobacco industry and now more than likely by the ludicrous legal development of vaping that they tried to disguise as medical equipment in original PR. Obscene and no shame in the tobacco industry
With options like that it’s no wonder people are selling up. This kind of greed gives aim the name suer for good reason . The directors didn’t even take part in the placing. Just want free cake it seems
Seems I got my Henry and Harry muddled up. The Beckwiths , father and son are big backers of Argentex. Not royalty , but titled. This could be another storm in a tea cup, but as last time they dont seem keen to get the story straight yet. As a guy on Stockopedia observed his departure was not thanked. Not great for PR. The big question is will and when will Harry want to cash in his shares?
Wow. They say lightning never strikes twice. Not so with this company. The other founder having left with long covid,but rather mysteriously dumping all his shares which were mopped up by the remaining directors at a massive discount which crashed the shares to 80p. Today we see a new low when the ex?spice girl partner even more mysteriously exits with no explanation, although I have a pretty good idea. That is immaterial really because the fundamentals are better than when the other founder left. There is around 27p Asset value per share if that info is correct and up to date. They did warn of a slow down in trade. The question is to hold for recovery or move on. There are better places to invest without the uncertainty and lack of information. This big problem is how damaging will this be to the confidence of clients.on balance, although financially on a stronger ,it doesn’t look like a bargain yet