focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Do you have a link to the news?
So the company continues to be valued at cash only. Crazy !
Roll on higher gas prices to get this moving
Price looking strong, can sell for 21.2p
What site do you use for looking at current Ukraine gas prices? Do they show historic trends?
Tried searching a few times but failed to find it. Thanks
What just happened?
Something brewing ??
See Trump's tweet
https://twitter.com/priminvestments/status/1131512842807578624?s=21
I fully expect to see a TR1 either later today or Monday. SP only starting rising yesterday
I think it's clear that Tinkler (sold 1% of his Stobart holding, RNS today) is increasing his FLYB holding on the open market hence the sp increasing the last 2 days.
As to what his end game will be, time will tell.
Can see the sp continue to increase while he mops up the shares.
"We expect to deliver revenue and adjusted EBITDA slightly ahead of consensus forecasts* for the year to 28 February 2019."
Recap of the last week (IMHO):
Share Muppets set their sights on FD with a view of bringing the sp down and making money via their shorts. A practice they have been doing for years against 100s of other AIM listed companies.
The first report from Matt Earl did make some valid arguments around the company being overvalued but I cannot see how this justified a 50% re-rate even in the current market climate. The rest of that report and subsequent articles are merely scaremongering.
There’s no reason to suggest that next month’s interims won’t be inline with market expectations. Coupled with the recent announcement of another 1,000 employees being taken on I see no need for alarm. I’m sure next month’s numbers will speak for themselves.
Onwards and upwards
Malcy’s last SDX blog post on 28th August did say this. Maybe he was referring to River and Merc “My spies tell me that there has been a seller in the market, holding the shares down at the 57p level but once that technical situation has cleared out I expect that this high margin growth company will move significantly higher. There is much to look forward to at SDX.”
If that was the case, why is the 'Position of previous notification ' blank on the TR1?
Did they not have to notify when holding over 7%?
https://www.ascentresources.co.uk/wp-content/uploads/2018/02/2018-01-AST-Corporate-Presentation-FINAL.pdf Slide 19 goes some way to show where that NPV figure comes from Monarch
Figures updated with the recent rise in Aphria FFWD current market cap = �22.5m FFWD current holding in NUU/APH = �12.5m ($3m cash and $18.7m in shares) Imminent sale of Leap = �3.5m Cash estimate? = �0.5m Which leaves the following assets currently valued at only �6m: Future value growth of Nuuvera/Aphria 3.7% of Factom 15% of Yooyaa 2.11% of Intensity 4.38% of Vemo 12.34% of Vested Finance 4.86% of The Diabetic Boot Company
FFWD current market cap = �21m FFWD current holding in NUU/APH = �11m ($3m cash and $16m in shares) Imminent sale of Leap = �3.5m Cash estimate? = �0.5m Which leaves the following assets currently valued at only �6m: Future value growth of Nuuvera/Aphria 3.7% of Factom 15% of Yooyaa 2.11% of Intensity 4.38% of Vemo 12.34% of Vested Finance 4.86% of The Diabetic Boot Company Looks incredibly undervalued right now IMHO. DYOR
Just sticking to the facts here: FFWD current market cap = �24.8m Assuming Nuuvera merge with Aphria, FFWD current holding in NUU/APH = �13m ($3m cash and $19.6m in shares) Imminent sale of Leap = �3.5m Cash estimate? = �0.5m Which leaves the following assets currently valued at less than �8m: Future value growth of Nuuvera/Aphria 3.7% of Factom 15% of Yooyaa 2.11% of Intensity 4.38% of Vemo 12.34% of Vested Finance 4.86% of The Diabetic Boot Company Looks incredibly undervalued right now IMHO. DYOR
So Nuuvera/Aphria are up 4% today yet FFWD are down 6%. Make sense of that...
Lets not forget about Intensity, could be a big year for them: http://www.courant.com/business/hc-biz-westport-cancer-therapy-20171222-story.html