Member Info for Peterrr

I can’t imagine any of the other board or executives buying in. He at least has to make a token gesture.

I expect it will finish down from that. No reason to think the book build will be successful at that discount.

At least you have one question answered now Marc.

I think they will pay the divi Senator. The Chinese are in via a Dutch BV so would be extremely tax efficient to repatriate the profits. I’m not sure they would have taken less than 50 percent anyway and CREO were already over a barrel. Management will pay themselves another handout for selling the rest so they won’t really mind if it’s a good or ordinary price.

Not quite sure what you’re saying Neel, there’s 10s of promotions a day across the licensing mix. Is this a new client?

Doesn’t look like they have factored in the write downs in core and non core. They haven’t all flupped from underperforming to AI powered unicorns, not with the rounds of redundancies the employees report.

10 mill June 24. Hiring 3 media consultancy’s, putting up booths and posters in a pile of conferences, paying for fireside chats, brown paper bag to motley fool and other influencers, patent attorneys who just do a find and replace, an executive team who only has to like the socials once a day to be productive, CF is right that they are still capital light. So maybe 2 more years of the same before they turn off the lights, everyone wonders where the money has gone and backend into a new Friel venture.

Following a proud tradition for the AIM cash strapped with only expenses to report my guess is next Friday after market close.

Never say never Burton but I wouldn’t mind a job there. Executive pay with virtually nothing for the high powered team below CEO to do unless Friel has got them moonlighting on his other projects using Poolbeg cash reserves, perish the thought.

Can’t trust management not to stuff it up again given no trial updates apart from pushing back the end dates so have taken profits, kept a free carry and will await some genuine news. IMO it is impossible the accounts will surprise on the upside, although the story may sound great it is still Jam well through the Euro cash pile.

ICeye big Polish defence contract now on top of their NATO one.

Agreed Steph, more than a glimmer of hope. They will pay over the odds for the less risky investments and Molten has a few of those now.

That’s why I was particularly unhappy when the CFO too the reins.

IMO it’s just spin. Value weighted revenue growth, did they make that term up to just to skew the numbers to Revolut? I think you are attributing a level of logical economics and probity which this lot will never aspire to.

There was a modest increase in NAV , very modest indeed if you exclude Revolut and buyback effect. So yes undervalued and safe buying but most of the portfolio not really growing so much. I expect a couple of decent write downs of core which didn’t happen last period but you can’t kick the can down the road for ever just to cement your performance bonus.

You do know that these are paid for slots and should be viewed in that light? There has hardly been a true independent opinion published.

The share price has halved twice because of poor management of the news flow. We don’t have the option of averaging down with millions of undeserved free options. Plenty of news available now, I don’t want an update in a few weeks when it has halved again. This lot have to understand they need to feed the market with the same enthusiasm they promote their conference booths, not as an afterthought.

At least management can now badge their free 13p option grant as a stretch goal.

Load of fashionable hot air that adds absolutely nothing to the business case.

How can the results be a coin toss? They would have given an early heads-up if they were even remotely positive. They really need to provide a YTD business progress update before the results are released to soften the pain or this will see 8p very quickly.