Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Surely this news should get us back above the 2p mark. Big Market and the potential for other European Countries to follow suit if its a success. Lets hope the Marketing Company know what they are doing !
This doesn't look like a good sign
An extra $1.25m would be a positive step forward. Chinese announcement suggests somekind of of ramp up period so I'm guessing it take 12 months before we see anything these. Plenty of positives and hopefully more to come. It won't take much to get the price moving, hopefully the management team can finally start to deliver.
Thanks for the breakdown per unit. I think your estimates are a little overcooked but if Akers could secure 5m in orders over the next 18-24 months that would be positive. Why are my estimates below yours? The roll out will take a while as with any new requirement and the fine for not having a test is only 16 euros, from what I have read. With overseas travellers hiring cars most will not use the tests so whilst each hirecar will need to have them, two tests could remain in a car for a year easy. Don't get me wrong this is great news for Akers if approved and especially if other countries follow suit but progress will be slow and uptake will take time. A step in the right direction though
You must be right, hopefully it isn't delayed. I have just checked out on Amazon and you can pick up a breathalyzer for £2.08 and you need two of these so I'm just wondering what the profit is for Akers on one of these both from a production and royalty standpoint
Does anyone know if we will get a Jan update. We normally get one around about now ?
Does anyone know how long it takes for approval in China ?
In answer to your point about being negative Akers I’m being realistic and there are pros and cons to investing. The company has failed to deliver and as a result the share price has dropped from 21p to 1p. I brought in a 6p “not on a spike” . This happens when you invest in penny shares and the question is whether this is a viable investment at the current share price. Is their value in Akers at 1p ? In my opinion yes but it is down to their IP and not the management team. Also its only a viable investment (Short-Mid term) if there is news flow. Hence the question about what news do you see on Horizon. The Sales Team were around 18 Months ago and some sizable investors have already invested along the way “Richard Penny, Legal & General”. The fact our new investor has brought at a premium is great but he has gained voting rights and options as a result so the arrangement is in his favour, although without his investment your right we would be in a worse position/ As an investor in Akers right now I would like to know: 1. Who is this investor and what are his previous successes? a. Why has he invested (How is he going to help us) ? 2. Are they in later stage discussions with anyone in France about commercializing their breath testing range given new legislation (or is this more an observation) 3. What is happening with Blood cell Separator technology and all the other technology they have out there ? That’s just off the top of my head. I understand the fact that you are positive about the recent 30% jump but would be investors need to consider all the options. Its shouldn’t be a case of telling investors who have stuck with this company for years to simply sell up and move on just because we aren’t jumping for joy like you are, it should be a case of identifying factual evidence that things are about to change.
Terry I understand the importance of an Update but I don't see that news alone getting us to 2p do you ? which was why I was asking you what you expect the next big update will be. Why is that a negatative question ???
In your opinion what news are you expecting will push us up above 2p and when do you think the positive updates are likely to begin ? I can't wait
I'm not going to argue the point, I'm a shareholder afterall. The company does always seem to pull investment out the bag when the company is at threat and jobs and wages are on the line but I'm not sure how many times they can do this. I invested in this company at 6p and have given up hope on AKR. I blame poor management for their demise but hopefully the new shareholder will be able to turn things around.
You like the management in this company, can I just ask why ?
Guys, Does anyone know where we sit financially now that the 3.2m deal has fallen through ? How long can we run off the cash we have ?
This is a set back. Not only is it bad news but they have failed to update on whether this order will now be fulfilled, halved or canceled. In my opinion the management team need to sell this business to a company with the capability of developing and selling their products. They have had a shot at making it work and they haven’t delivered. If your team doesn’t deliver you look to the management team. If I were Mr Akers I would be on the phone EKF !
mmm normally AKR news comes as a surprise. I think this rise is on the back of the recent announcement or maybe acquisition rumour. No broker upgrade either ? so maybe someone is sniffing around, trying to snap it up at a great price.
Should hear back on that in Jan along with the progress of the sales team. Would be nice to hear something between now and then although it would probably just get lost in the wash of Euro Zone news.
do you know when we should expect news on the Asthma Trial ?
I understand your point and I too would have liked to see some director action. As for this being the main catalyst for the share price In the short-medium term I would disagree. We have Asthma trials we are awaiting to hear back on as well as some great new distribution partnerships who could come through with large orders. This is on top of the 3m order that will be included in our year end figures and much more on the horizon. A director buy would be nice but we have much more game changing news on the horizon.
I'd be interested to find out the gross profit on the $3,242,200
So cheap, all because someone has sold 15k worth of shares ? It would be nice if we had some kind of announcement. What are we due to find out about how the Asthma tests have gone ?