Member Info for Pedrobull

Nice one, I had stuck a tenner on Wolves returned £46.

And another 2.5M @1.75p this morning

I guess the other question apart from value of the liquidation is time.

Will the liquidators look to close this down ASAP or spin it out for a year in slow tendering process.

I might buy more in my SIPP before suspension.

Merry Christmas

Think I might join you, I'm guessing interest rates forecast to to drop to 4% in 2025 isn't good enough to support this over £2

Merry Christmas

Good question and the market is reflecting this at current price.

What we know;

1 Oct 24, a preliminary unaudited Net Asset Value of 627.1 pence per Share as at 30 September 2024. This was reduced by the payment of a dividend of 23 pence per share on 4 Oct 24.

So unaudited NAV is 604p

Total net assets at 28 Nov 24, approximately £33.2 million comprising cash of £26.8 million, unlisted investments of £5.9 million and net current assets of £0.5 million.

Shares in Issue 5.5m quick check of above 33.2/5.5 = 603.6p per share NAV so lets say 603p

"The winding up of the Company will be a solvent winding up in which it is intended that all creditors will be paid in full. The appointment of the Liquidators becomes effective immediately upon the passing of the Resolution at the General Meeting. At this point, the powers of the Directors will cease."

"It is currently expected that the Initial Distribution will amount to approximately £19.3 million, in aggregate, representing be approximately £3.50 per Share."

603 less 350 is 253p which will be "subject to further distributions, if any, will be made solely at the discretion of the Liquidators".

So the question is sell now for say 453p effectively taking 103p of that risk or HOLD and get closer to 253p

I plan on holding as £6.9M is cash and only £5.9M is investments to be realised.

The question is will the liquidators fire sale these 3 investments and realise next to nothing or get best value close to or even exceeding 5.9.

GLA

Yeah BTC could retrace a ways from here mid 80s would still be bull market.

No doubt in my mind BTC is here to stay and will be many times it's current value in 5 years

At $440 TSLA has a Market Cap of $1.44T

$1,440,000,000,000 - Visualise that a trillion $1 bills laid end to end, the bills would stretch 96,906,656 miles, which is farther than the distance from Earth to the sun.

I'm buying the Short Tesla ETF

GLA

Https://youtu.be/1JOwfKLdRt8

Tweet

Share

Share

0Shares

Print this Page

The idiom “dead as a doornail” dates back to the 1300s, and was used by William Shakespeare in the 1500s and by Charles Dickens in A Christmas Carol in 1843. In use, the phrase means that something is, “not alive, truly unequivocally deceased.” But where does the phrase come from? To answer that question, the video below takes a look at the history of carpentry. When nails had to be made by hand, they were a valued commodity, and often had a lifespan much longer than the thing they were used to build. The video notes stories of houses being burned down, just to recover the nails that were used in their construction. In building doors, however, nails were used in a way that ensured that this would be the last project in which they would ever be used, hence the phrase.

Nah mate the Italian Alps.

Maybe could go camping in Cava Sidero as well later though.

I watch this share as an ex IT Services employee with fascination.

"Our focus is on becoming a better business, “getting smaller to get stronger and fitter to then grow” and being more selective in not pursuing and exiting existing lower margin contracts."

That is 100% the main issue, they have 50,000 employees and thousands of them are on £80K+ working from home reading emails and having non-productive video meetings.

AI could help them in Contact Centres where they can answer questions without an agent getting involved, if all goes well with that then good, if it doesn't they lose more like VM02?

AI in relation to Hyperscalers intrigues me. I do not think CPI are a tech company so not sure what value they can add here.

GLA

@Jonny when you say "how the testing is going on gbe 100 ASIC rigs they have"

What do these acronyms mean?

GBE -Gigabit Ethernet

ASIC - Application Specific Integrated Circuit

Do they have 100 Rigs or is it 100GB Ethernet?

Nope

The Trading and Operating Update has EIGHT reference to AI.

This sentence - significant opportunity to use more AI and generative AI in our service offerings, enabling cost savings target to be raised to up to £250m by December 2025 - is very good and implies more staff leaving the business.

Staff are expensive and if AI can do their job all well and good. However the really expensive staff are the multiple layers of management that send emails and look at spreadsheets all day long, are they going?

This sentence needs more explanation - Looking forward, we have opportunities which deliver AI solutions with the hyperscalers worth more than £5bn within the pipeline. - What business is CPI adding AI value to with Hyperscalers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP)?

Hi Guys,

MSTR looks to be a highly levered play on BTC to me market cap over $80bn and holding about $40bn in BTC at $100K price

However if this TA is right and 2025 plays out as predicted I will be piling in here.

https://uk.investing.com/analysis/will-bitcoin-see-a-local-top-at-115k-soon-200614838

That would mean BTC could drop to as low as $56-67K before it resumes its rally to our adjusted upside target of $216K to $445K by the end of 2025.

GLA

This is fantastic and for me it's 4 years in the making having made my 1st purchase in Dec 2020. I did sell some at 1.93p in April 21 and bought them back including some just before they failed to file accounts in late 22. My biggest purchase was 1M at 1.09 just after Dennis paid 1.2p which de-risked this a lot.

To have shares in the regionally safe environment of South Africa where the government is not going to nationalise (steal) the assets is great.

In the short term in addition to the 60 days arbitration we have the Environmental Authorisation Secured for Perdevlei and 21 days notice for lodging appeals from the 20th November (2 months early) to be announced.

I'm just in profit now and 3.5p would be superb but 34 times that..

50p would be life changing

GLA

GLA

GLA

From annual report for Kazera #KZG New Chairmans statement;

"This an extremely exciting time for the Group with every one of our initiatives seeming to reach inflection points at or around the same time. Together, we are building a resilient and forward-looking company which is well-positioned for sustained success."

Align Research say - "Fully expect to see a £25-30m market cap into spring 2025 and likely beyond. Hebei receipt would be a material bonus too. Struggle to find a more attractive miner on AIM atm."

2 x large purchases of 7.5M @1.55p

GLA

Defo something afoot

Finally above $1

This is often the case.

Reminder for us as investors that business is cut throat and execution is key, if the BoD are not experts the best products in the world do not a profit make.

NVIDIA, AMD, Intel, Broadcom this is not.

GLA