Member Info for phil01

Price will recover later today or latest starting tomorrow.

Problem with BOOM is there is not a lot of free float so price swings widely on small trades. It also have a lot small PI investors a few momentum investors who were hoping for completion of acquisition today.

This has been delayed by about 2 months at least but these people need their money now, they are alrady in profit so they are thinking why not cash in now..I can't afford to tie down my trading pot for two months.

They trade....share price goes down as a result of thin liquidity in the stock, this may trigger some peoples stop price that at also causes some that have not had time to digest or do not understand the RNS to follow the herd and sell.

Meanwhile some others are buying and locking in the shares.

Possible valuation on sale:

Currently BOOM is trading at about 1.2 x Sales

Valuation:

Low (0.5x - 1x)

Medium (1x - 3x)

High (4x - 6x+ ) [High growth or Tech business].

Lets assume BOOM is in the Medium category, so I am expecting 2x -3x valuation.

with expectation of £100M revenue that will place BOOM at 200M -300M valuation. [ I might be too aggressive but I am expecting double to triple current price ...anything above will be a bonus]

They can't release an RNS stating that bid is higher than today's price.

They have to have a baseline and that will be from the date the offer period was announced.

They are a listed company and have to make coherent RNS based on logic.

The offer period started on xxx date.

Any offer price will be in reference announcement will be in reference to the price on xxxxx date.

Why has it taken longer to get to this stage:

The bidders may have been bidding based on multiples of Revenue, profits or some other metrics , as of the date xxxx. BOOM management probably felt that the metric being used is not representative of the true current state of BOOM, hence need for this Quarter's figures to show the true trajectory of BOOM revenue and profitability. Bidders will now probably review, I am sure they may already be reviewing, and will submit their final offer.

I am not in the data room, this is just me view based on past industry acquisition experience. Things could be totally different at BOOM, what is clear is that the bidders were looking to first see the direction of travel for BOOM before committing.

Offer from Candy that was rejected years ago was pitched at £10 range if my memory serves me right.

Tobins average must be close to £5 (guessing this one), if so he will not be just looking for a few £s on top.

The shorts will be panicking to close them out within the week and following days else they may be caught out having to cover this at the offer price. Nothing to say that any of the bidders, after seeing today's result and a clear line of sight to future growth of BOOM platform, will not make a quick offer causing trading to be suspended while the offer is put to share holders approval. [ In such case if you still have an open short ...... you better have deep pockets] .

Before we start counting our chickens, it really depends on the requirements.

SEE provides the dMS in Snapdrago ride but Qualcomm also has another integration.

ArcSoft (VisDrive) — Provides a full DMS/OMS suite deeply adapted to the Snapdragon SA8155 platform, including DMS, OMS, biometrics, ADAS perception, and 360° surround‑view.

Above information is just for completeness and balance as I was also one of the people, when the SEE Qualcomm deal was announced, assumed that SEE was the sole supplier of DMS to Qualcomm. Consquently I was erroneously expecting £s following into SEE coffers for every company using the Qualcom drive platform.

I am also led to believe that there are aslo other dMS/OMS options available within the Qulcomm chip, but the only one sthat has been officially announced, as fas as I can recall, are SEE and ArcSoft . [ The client using the Qualcomm chip will choose their prefered vendor from the list of the avaibale DMS/OMS software within the chip].

CB seems to be conspicuously absent with regards to his comment on the SEE results just published. Previously he is quick to gush about any RNS released by SEE. Wonder if he is no longer invested or falling out with powers that be at SEE.....just unusual that he still has not commented more than a week since the release of the results.

May well be nothing in it, but it is strange judging by his past form and behaviour.

Another notable ramper that has gone quite for the time being is Safestocks, who can forget his assurance of the dim-witted that he is convinced Seeing Machines will be taken over within six months at a price well over £1 per share... that assurance was on 9th Aug 2021 ...so it has been a long six months and counting.

Long term investors may in the end get their money back , hopefully with something on top for their patience........but everyone better strap in. The plans we made for a yacht party has to be replaced with having a quick drink in some corner pub, hopefully within the next 3 years.

Anyway to keep your hopes up or just have a laugh while waiting, go have a read at postings at Safestocks .

anyone that thinks this is great news needs their head examined, it is was it would not be released on a friday, a day for burying bad news. i am still invested but not exactly because i am confident about he prospects but just stubborn enough to leave some money on the table for about 500,000 shares.

at one time i was holding over 4 mill shares but happy that i heavily reduced my holding.

i do not know much about the perceived detractors but do know that there are always a dedicated group of investors that will follows an assumed sure-bet of a company to the grave. the normal statement is always about the technological advantage etc about the company. anyone that states otherwise is a de-ramper which may well be true. unfortunately for every de-ramper you probably have 3 rampers who will never see or hear anything wrong about a share and will follow it to the grave. for example we do have someone that was stating that see will be at leas £2 per share by 2024, none of these arbiters of fair statement thought about calling such nonsense out?? the important thing is that no one should take investment advise from an unknown individual on a bb especially me.

this is not an investment advice, it is just that for the first time on bb, i am vetting my frustration at a company that has the world at its feet but due to poor execution will **** it away...the litany of poor delivery and missed timelines has become indefensible.

case in point about companies that had bright future but just as this one due to poor management execution all led to disaster. the other thing these companies had in common is that they had a group of dedicated blinded followers who every contrary opinion is detractors so they retreated into an echo chamber of telegram group where they self congratulate each other. [cf. versarien, and eqtec to name a few]

I am now more optimistic on what 2026 will deliver. A few have been in this for a while when the shares has been a real dog, so they might take this opportunity to exist. Their view of the company would naturally be skewed by their recent experience when the old board was in position.

If it comes down any lower I will be accumulating. I have these in my ISA so my investment window is about 2 years. Knowing that the current board has turned the ship around, price weakness becomes an opportunity for me to accumulate, finances permitting.

NO INVESTMENT ADVICE INTENDED OR IMPLIED.

Well done to the new management. Only been 11 months but they have delivered on their promise. Now to grown the business from this level.

Often we moan at poor management so kudos where it is due.

About time this started rerating. If they become EBITDA positive as Chris promised then the only way is up from here.

I am hopeful.

Bodes well if this was a sell. Shows that even late yesterday mm were willing to take that much off someone at that price, which implies that there must be a buying demand.

A bit disappointed with todays RNS. I was hoping for better.

Well the CEO seems fairly confident on the direction of travel.

https://www.linkedin.com/in/giulio-cesareo-a8801710/recent-activity/all/

Graphene was just wrong timing. Commercialisation and adoption of graphene is just at it's inflection point. Unlike Versarien which is a 1 trick pony , Directa Plus has multiple bows.

There is the pure graphene play but also the water and soil decontamination angle with their Graysorber, that angle have contracts that will ensure that the lights are still on when graphene adoption curve ramps up. I expect this to start this year and next year, ( personal opinion and not an investment advice).

I was hoping to keep adding while the price was still low but I have used up my ISA allowance for this tax year, so was hoping that nothing will happen till 6th April 2026.

Not Plumbos fault he is not great a running a business. The fact was staring any sensible investor in the face 5 years ago. Rather than see things for what it is, some retreated to the echo chamber of a telegram group where they can keep convincing themselves that its all going great and this will soon be 5/10p in spite of the perennial failure. For every failure they found an excuse why it is not the company's fault.

I took my medicine and sold out, lost just over £4,230, could have lost over £46,000, so all in all I did not do too badly.

The book value of the drabs I did not manage to sell is £2676.12 , as of today it is now worth £1.43. If I add that to my realised losses then all in all I have lost about £6,900. Still, I got away easy as I could have still had significant sum sunk into this.

Started buying into EQT on 10/05/21, believing that they have something that will gain from the drive for decarbonisation. Last BUY trade was on 09/08/21. By 29/09/21, I started selling having decided that the guy is full of hot air but have problem delivering on anything. Managed to sell my last batch on 15/10/21 before it really plunged and I was left with some remainder, which unfortunately has a value less that the dealing cost of a trade.

The trick is always to sell out and take your medicine if you decide the shares are not going anywhere. More likely than not, waiting till it recovers never really works out. Bad management will drive the share through the floor rather than the share magically recovering value.

Uallmakeitup,

While I am not on any side, I wonder what us the pointbof informingbus about your trade? Do you need validation, public admiration iron a blue Peter badge?

If you nade all these money, my advice is to use some of it to see a professional about working on your self esteem.

Never can fathom.peolle who gave a leaving to tell a public bb how much money they made it is as useless as ne boasting mine is bigger than yours on a bb.

Can't be calculated so any reason anyone shares money they made on a bb to total strangers is that they are looking for attention shich is sad, else they have ulterior motive which is abhorrent.

That's my tuppence worth, which again is a useless piece of advice as you are not paying me to psychoanalyse you.

Lets give the new CEO a chance. If the company becomes EBITDA positive this financial year as he suggests then we have lift off.

I myself have taken a position, though I understand the frustration of those that came in at a much higher level.

Amplify Technology, (AT), holds the whip hand as to whether Smattech delists or not, they have 60% holding in the company.

A vote to delist requires 75% of votes cast to be effective.

Plumtree Capital Limited with 9.7% hoding seems to be acting as a trustee to AT , when by my calculation gives AT near 70% of the votes.

The mission statement of AT is to help tech companies drive growth and unlock value. Hence if they vote to de-list then they will have a clear plan of how to realise value down the chain through acquisition or relisting in another market. They are not really in the game to own companies but to help companies realise value If they don't feel that this will drive value they will vote against the motion and Smarttech can not delist since a 75% vote is required.

Having said as below, I would still be voting against delisting, even though the company is undervalued in AIM, since I would like the shares to stay in my ISA. Sooner or later the value will manifest itself.

However if the majority vote is to delist, I am still comfortable holding. I imagine that those that would vote to delist are not stupid, just like me they are looking for the best way to maximize their investment. It is the big players in the share holder's register that will decide the outcome irrespective of what the S247 wants.

The management of the company does not have enough shares to swing the vote. Hence if the big players are voting for delisting, then surely that will be because they think value will be manifested quicker as a private company. Sooner or later they will be looking for a way to crystalize their investments and that would normally be through re-listing or being acquired by a major player. I am just hitching a ride on their backs since I am willing to leave the money invested for 2 years.

Managed to top up again. Those that are not comfortable holding for 2 years will want to sell which is presenting an opportunity for anyone who does not mind locking up the capital for about 2 years time frame.

If this gets delisted, I would still expect the company to be acquired within two years. CCAP were willing to acquire SmartTech247 for £33.5Million a few years ago until Smarttech decided that they would rather list in AIM themselves. The company is worth multiples of what it was when CCAP offered £33.5Mi, which is probably the reason the board believes that the company is undervalued in AIM.

For me the only disadvantage with delisting is the fact that it comes out of my ISA. When i first bought this I had a 2-3 year window for a killing. The issue with cyber security is only getting worse especially with AI helping fraudsters with social engineering and phishing and multi vector attacks are getting more difficult to spot.

The company is well placed to take advantage.

I have made a few bob with a couple of delisted company and I expect this outfit to be taken out within 2 years. Acquisition will also be easier to the acquirer if the company is unlisted.

This is not to say that I am over the moon of the fact that they are delisting but I can also understand their rational, the market fails to understand the company and attribute the correct valuation to it. I took the opportunity to but some at the drop hence significantly reduced my average. If it ends up delisting I will hang in their and wait for the sure fire acquisition within 2 years time frame. IF the vote is not to delist then I have managed to increase y holding at a bargain price.