Member Info for PortfolioPower

Looks like someone may have taken a Tr1 stake

RNS due this week?

Ask Nadhim Zahawi :-)))

For balance..... Personally I would WAIT if you are not already in to see if they can arrest the losses as the cash burn is high giving them less than 12 months runway at present burn rate should the worse case projected Year end losses follow through. It will be more difficult raising next time around (If nigh on impossible)

It's another 2021 IPO at 200p which I've banged on about on here before :-)

MODE iPO 200p - now bust

MADE IPO 200p - now bust

MEAL IPO 200p - now bust

ITS iPO 200p - was going bust at 0.27p until last week and has jumped 2000%+ on the prospect of a lifeline being handed out.

All of the above listed with ridiculous profit projections in 2021 that never came to pass and with each subsequent mafket update the cash balances got lower and lower and no one was going to bail them out as they were not able to demonstrate that they could generate positive cash returns.

All pretty much did a number of dead cat bounces.

The most impressive of which has undoubtedly been ITS this past week after the SP had fukly capitulated.

My worry for holders of PODP was that it was massively overvalued at IPO just like all the above so hasn't ever had the chance to ever get some momentum going in the SP other than downwards.

Next 6 months will make or break the company imo.

I wouldn't want to call it with an update due next week.

Is the CEO kitchen sinking all the bad news? or is this going to struggle to generate cash to address the losses?

That cash balance and their market cap could erode dramatically further if not.

I'd rather try and find an entry once it's fully capitulated like ITS did. Or like AML did or like WAND has just done. Then Hold for a few sessions and exit with a quick profit rather than hold it for 6 months where they have advised they are going to continue to lose money which will drain their cash reserves.

Feels like a gamble where the odds are against a positive update next week unless there is manipulation taking place today ahead of a major contract award being announced next week.

I'm just cautioning all against some of those 2021 tech IPO's as there have been lots of nasty falling knifes emerging from that 2921 cohort as demonstrated above.

Swissy.

Are you already in, or looking for an entry point here?

I mentioned it on here when it was 1p

Now 2.74p

It's the same team that oversaw the discovery at GGP that led to a 150 x bagger.

GH and SG left GGP.and the SP collapsed.

They have now got the old band back together and going again in this new Co.

Doesn't need lots of posts.

GH has set out a good summary re potential future value

Well respected team within sector with an exceptional track record and not 'lifestylers'

Its a nice silent riser.

Good post from GH to summarise things perfectly

The reason why folks hunt in AIM is that as far back as I can remember there is at least one company that manages to 10 x bag ever year and many other that see 5 x moves.

These are the ones that even if you don't catch the full move can make a massive difference to your portfolio gains come the end of the year and why I guess we all keep coming back to the small caps year after year in search for these outsized gains.

If ONDO can keep stacking up new insurance company clients, they could be the big mover for 2023 come end of this year.

I've not really mentioned it much as its moved up from 5p to 37p and presently 29p.

We'd all like a few of them each year!!!

Dai,

I can still recall company's from back in the 90's that have changed names several times. Or phoenixed several times. For instance ZPHR where I think you correctly called the recent low has changed name about 4-5 times.

I actually remember when AIM started back in the 90's and comprised of only had a handful of companies

Now it's 800+ companies & I guess it's like when you can recall the names of 100's of footballers over decades and who they have played for and facts about them it all just builds up over the years.

It's no bad thing starting out learning all the players in one particular sector (say oil and gas) but there will always be sector rotations when certain sectors (such as lithium miners etc) enjoy a 12-18month boom and they are the hot stocks seeing multibaggers and then something else happens (like covid) and all the Bio Techs 10 x bag and then slowly sell back off. We mentioned all those hydrogen stocks. They all 10 x bagged and have been in an 18 month downtrend and now trying to break.

Some of the lithium stocks that have 10 x - 20 x bagged have been seeing profit taking recently.

The Gold and Copper exploration Co's are on their knees at present so have the potential to move quickly.

AI and Tech has been flying over the past year, but some are trading at crazy multiples..

It's good to be able to rotate across all the sectors and be able to move to where the action is (ideally ahead of the herd) but it takes time to learn all the various players and what they are up to.

Once one particular company in a particular sector starts to move quicly you tend to see the copy cat trades in similar companies doing similar things that are priced more keenly vs peers, and when that happens that's where you often see the herd running to next.

I've also got notes on stacks of companies on what news is expected and when, so I'm not having to try ro remember it all. :-))

On the flip side, I've seen other traders successful employ a 'one AIM company at a time policy' and go both long and short on a volatile stock that they have fully researched and feel they are better positioned to know when to go long or short as they just focus on that one company.

It's finding out what works best for your trading style and risk appetite imo.

HOME REIT was another that TW nailed and has gone into suspension.

This one did sell off fairly hard from around 120p+ down to about 38p prior to suspension

This is another I'll be watching if it ever re-lists.

It's a long way from that at present, but if they continue to service their cheap long term fixed rate loans and they don't default and a new management team and advisors come in and re let all the property and they do relist it could be interesting.

Could see a sharp initial sell off as those trapped just want out at any cost, then new buyers if around 30p-20p or lower is on the bid as the value or the properties must still be up nearer to 100p than 30p (as long as the valuations aren't moody.

Lol)

it's a Million miles from re-listing at present and no guarantee it will or timescales given.

But another one to keep an eye on.

RNS dated 30 Nov 2022 07:00 is where it all started to kick off :-)

Kev, it's a filthy trade really as its prospering at the misery of the LTH's

Unfortunately that's how these things often work.

What I really don't get is why LTH's didn't bail out around £13???

They were all warned by the likes of TW.

As Tro mentioned the other day, when he starts sniffing around a stock with a bearish take its usually a sign to make a swift exit.

WAND had also recently multibagged so I can only think it was pure selfish greed that kept them in. Even though at £13+ that was a triple top on the charts and the valuation (even based on the moody financial accounts) was insane and really built on a lot of 'hope value' and silly USA style revenue multiples.

Feel sorry for those that may have been put into it by any advisors but for traders to have trapped themselves like that is just poor decision making imo.

Anyway my theory was based upon those with big pockets trapped at higher levels averaging down hard and I think that's what we are seeing play out today.

Have fluked a few recently Dai.

GSCU has started to move also now.

Still queit over there at present.

Small punt position here hence why I shared my thoughts.

High risk like AML after their share re-orgnasation.

Perpetually in a neverending circle of boom then bust.

Key is to get out at the first signs of trouble.

Sam Garett & Gervaise Heddle

Original members of GGP's Havieron discovery team now working on a Giant Copper belt.

Initial fieldwork has yielded excellent results.

If you could pull together a dream team to work on proving up a potentially globally significant district scale discovery.

These are the guys you would want on board.

Potential for a Solgold style rise from 1p to 40p if the scale of the surface outcropping continues at depth.

Big drill season ahead.

GLA

Nice when these play out as envisaged

I'm heading out for most of the day now.

Need to update the thread to keep up with the rapid SP movement :-)

3.4p PAID

Another tick up

3.00p PAID

I think the sector rotation is warming up.

Improved liquidity has definitely come back into markets both the FTSE and AIM all share index since last Wednesday's positive inflation figures.

Normally this is a quiet time of the year but we have seen a few decent moves recently.

It's too soon to call a sector bounce but sowing some seeds over Q3 probably ain't a bad idea.