Member Info for PSSW

Another item ticked off. Now Suzy can update us with her exciting plans to get this business going moving towards a proper market cap! VAL is very much in Vogue at the moment with global healthcare issues. IMHO we should be valued at around 30p with everything we have and the future potential. This is one of my largest holdings...looking forward to the journey now.

Very Low Market Cap, Not many shares in issue, new CEO waiting for the official nod. This share cannot defy gravity and remain at these levels. Once the new CEO is confirmed I expect to hear her new strategy and immediately push the share through 10p.

We have a planning permit now to build a 500 Million Waste to Jet Fuel Plant in the UK. That is huge and has huge value in itself. We are partnered with BA and Shell on this project. That is worth a damn site more than 20 odd million in Market Cap. This project, with a permit could be sold tomorrow for multiples of that 20 Million. Every environmental fund will be waking up to this now and casting their eye over VLS. Let the Day Traders move on and this will move toward initially 6p and then 10p imho. This has VALUE.

yes.....meeting has started.

Would have expected it to be a little more challenging......maybe 20p! But maybe the discussion started when it was around 10p.

Anyone come across MIRI?

I came across them last week and took a stake. MIRI is basically similar to BIDS but in the TV and Video arena. They have 19 Million in cash and a similar market value (!) and revenue generating contracts with Tencent. So the business itself is valued at zero! Cant help thinking if anyone wanted to acquire BIDS....MIRI would be a great candidate and have the cash. But Im probably getting ahead of myself with that theory.

MIRI put out an RNS on Friday saying that they have had one of their best months and that China is reopening with Tencent contract doing really well. End of year results due next week followed by an investor webinar.

If you like BIDS as I do, im an investor, MIRI is an interesting company in a similar field.

Correction 366 Million shares. Not 150 Million. Not sure why I had that number in mind.

Welcome. I have been in this stock for probably a year and topped up earlier this week. Im now thinking of topping up some more. This really has the makings of potential bagger. There are only 150 Million shares in issue and a lot of those in sticky hands....so when news comes there will be little supply and the thing will rocket. At these levels in my humble opinion the company is a very god buy.

I'm surprised they have not come across a good candidate to reverse into the company from this long list of clients. Im sure currently, in the sector they move in, a player would benefit from a listing to be able raise capital.....Especially with the Tax Losses they have of what circa 3.5 Million?

There was a big buyer about a week ago, who is an Ex City type and Tweeted that he had entered and that the price will settle around 1p before news is due. The news will see DKE entering into a construction/property deal with the likes of a large UNI and in return will make around 20% of the deal. One deal will be circa 150 Million. Go on to Twitter and search for #DKE and you will find a lot of good research. Based on that research this share will likely 10 bag if a deal is pulled off.

The concept is good. But the CEO needs to go, i get exasperated by listening to his bungling explanations and how he cant say much because competition is listening....FFS He should partner with the VRS CEO for Bull****.

When he said last year he would hit revenue and then missed it completely I lost confidence and sold down, but still hold a few - as i think the concept is great.

Only hope here is he leaves or someone buys them!

got it thats encouraging. I have been in for a while from a much higher share price. Was thinking of topping up and averaging down. The overhang clearing would be great.

Zebra there was a total of 5 MIL I assume that could be converted (500,000 x 10). This is what you are saying, so the over hang should almost be cleared you think?

There is a bigger strategy behind all this in my opinion. The UK Gov are behind this for two reasons, 1. to help UK Citizens and this dreadful Virus. 2. To build the UK once again as a global manufacturer/ Innovator to build our post BREXIT economy. Now we are out of the EU we can do what ever trade we want!
These tests are going to sold around the world. This is going to be Huge.

However you cut this...there is a background order, the gov is backing the R&D of this test, so one would think the next natural step (providing the test works) will be to finalise the order. I would say the Gov and the Consortium are too far down the road, with all the press etc, for this now to fail. Would be some serious egg on faces! So then we get into the calculation of what the consortium will make financially - someone said the tests would be free - they may be free to users but I dont think the consortium are in to charity. So for sure they will earn something. On my back of a fag packet numbers I can get this to 1 to 1.50..... But we will need an RNS for that to drop. Tomorrow will be interesting and I pleased im strapped in for the ride.

Great article about TW and why he is supporting PIRES and slating Bids. Its worth a read, makes a lot of sense to me.

We must be close to Design Freeze....2 weeks since the RNS. This dropping next week will be like lighting the blue touch paper!

Are we down today due to Epics delay of Fortnite till June?

Thanks for the info on the barrel price....I couldn't find a number in the RNS of the presentation apart from the cost to of the pilot etc. I think as soon as they get this 1 Million back from Morocco then we must be then thinking t to expand the Trinidad business with the cash we are holding. I have been in this stock from around 7p odd. Seriously thinking of a top up here. This is a 5 bagger in anyones books.

Anyone know what our cost per barrel is in Trinidad?
If there 8 Million recoverable even a profit of 10 Million would give us 80 Million.