Member Info for Qd22

Thanks for all the information, Rivaldo. Given the ongoing predominance and importance of tech it does look like this could continue to be a great share to be in for a long, long time. very pleased to be here. And I note that while one or two institutions have topsliced over recent months they are only creaming off profits, no one is selling down.

Nice to get off to a great start, Bing! Welcome.

Just seen that Simon Thomson in Investors Chronicle recommended it on the 16th, though the email didn't come through to me till this morning. Hence the jump, probably.

..... anyone know why?

Another fantastic RNS. "Cerillion has experienced its strongest ever six-month trading period, exceeding management expectations. Revenue for the first half ended 31 March 2021 is expected to total approximately £12.8m, a 25% increase on the same period last year (H1 2020: £10.2m) and adjusted EBITDA is expected to be approximately £4.8m, a 77% rise on the comparative period last year" et al.

The top 10 holders, including just one private individual, hold over 94% of shares. Keeping it nicely under wraps!

Cherokee, do you need new boots? :)

I hold both Haydale and DCTA. I'm pretty sure there's been no legal issues with Haydale (which has been a great investment for me - now it's our turn). They do overlap on shoe soles, Haydale are producing an additive that is being trialled at Bolflex. I'm not sure the additive is graphene or not, the RNS talks of "functionalised nano-enhanced rubber masterbatch". Their graphene is 'functionalised', so it may be a process applied to both, or use the functionalised graphene.

They are also producing graphene enhanced fabric for masks: "Haydale (AIM: HAYD), the global advanced materials group, is pleased to announce that, further to its announcement on 1 July 2020, IRPC Public Company Limited (IRPC) has now completed the development project with Haydale and started production of its new washable functionalised graphene-enhanced fabric mask. IRPC has now placed a follow-on order for 200Kg of Haydale's bespoke ink, with further orders anticipated. The face masks are currently being produced for use internally within the IRPC group.."

Directa's masks have a throwaway graphene-imbued insert that you replace. Not too great to be honest: my mask is very flimsy, was expensive, and will not last long. I'll have a load of inserts I can't use.

But long term I have great hopes for both companies.

Going by memory IQE produces the precursor wafer substrate, not the chips themselves. The present chip shortage is probably due to many causes but mostly carmakers shutting plants last year and therefore not ordering the same amount. Now they are competing with everyone else to catch up. What we are seeing now is the result of that low ordering of chips which will have translated back into the wafers with either low orders, or surplus inventory? If surplus inventory it implies it will take time to get back to normal.

Just my thoughts, I'm no expert.

"Tungsten Corporation PLC (AIM:TUNG), a leading provider of digital financial management products and software solutions, is pleased to announce that NTT Ltd., a leading global technology services company, has selected Tungsten, the leader in invoice digitisation, to support its goal of 90% invoice digitisation.

NTT will be the first Tungsten customer to implement Total AR, Total AP, and the Tungsten Workflow together. The combined solutions will solve de-centralised and paper-based financial challenges and speed consolidation of 15 in-country based finance operations teams into one Global Shared Service Centre. Anticipated benefits include information acceleration, resource efficiencies, streamlined processes, resulting in productivity gains.

As with all customers, Tungsten will provide NTT with ongoing and global compliance for 15 countries, including Germany, a key NTT market impacted by recent regulatory changes concerning electronic invoicing."

God bless and hold, chas

And today an RNS that Liontrust are up over 15%. That's £142million.

IMO Liontrust are one of the very best small/midcap institutions. People always think of their Special Sits fund, but I did very well over many years in their Smaller Companies fund. Low risk, sector beating, strong performance, every year. When I go back to funds they'll be the first port of call.

...today I think. Buy more! :)

Thanks for highlighting this, Rivaldo, especially the geothermal. "Further sales have also been made for the supply of equipment into the geothermal energy sector, a key market for Enteq."

One of my earliest individual share buys. Sold out disastrously last July as I don't like carbon burners and had held on only for the geothermal which seemed to have then fallen off the radar. Now it's up about 50% and geothermal is back on the radar!

Time to look at it again.... My heart wants to be in geothermal (and I know no other way), but oh dear, it could be good money after bad. I've come back to previous fails before and if this wins it will be the exception to prove the rule. [I have a much better record through hanging on to my losers and then topping up near the bottom as with Carclo]. However, Rivaldo, you've been right in the past, often, as witness my comments in WIN just this morning. CLX another recent one. Thank you for those.

PS. It could be that the geothermal comment is more advertising than reality as yet: unless I'm missing something there haven't been any contracts, at least recently. But they are watching the way the wind is blowing and wanting to move into the environmental market. Which is good! They do have the tech.

To save time for anyone wondering as I was - from last trading update in Feb:

"The Group expects to commence FY22 with a healthy order book and intends to provide an update on the outlook for FY22 when it announces its preliminary results for FY21 in late May."

Bought last Sept at under 200p (196) so v v happy with 100% gain. Thanks for your analysis Rivaldo, as always!

Sold last week to bring into this year's ISA, but now wondering if after such a rise it's wise to wait. But it looks a great company and long term hold, in a great area. Stocko actually has the Value rating as having risen since I bought in spite of the double, though the yield is down somewhat. JPM seem to think it's worth it!

Any thoughts anyone? You're better than JPM!

...... Just looked back along the beautifully concentrated list of posts on this board. Too good to miss. Back in with the whole lot, not taken any profits. Hope it's wise.
Qd - or QED? :)

Simon Thomson had a target of 165p on this in 2018. He admitted calling it wrong: I wonder what he thinks now? Trouble is I don't think he ever goes back to his mistakes. But the problems of P&R are long gone by the look of it, and the rest of the group was never in trouble. They continue to squeeze their way upwards. May be a better prospect now than ever before. Especially if it's the turn of the main economy for a change.

Of course with a licence there should be some income....

Apologies for the formatting. It only came out once posted.

I meant to put this up as a new thread, title "What do you think, peoples?" Somehow didn't work.

Anyway this is a concern to me, though we have some time. But, boy, did they mess up the licencing. Glad to be corrected. Very!

Thank you sbury, that's useful about Cleantech.

From what I can see Cleantech has been set up to be the new Diamond Wood??? CEO is almost certainly Chinese. HQ is just 1.5 miles from Accsys, but strangely/murkily it is listed on some unheard of European market: "Cleantech Building Materials Plc acquired Diamond Wood China Limited on 23 December 2016 and on the same day completed its listing on Nasdaq First North, Copenhagen."

A week ago, 31st March, they released this in an RNS: "Cleantech Building Materials PLC (“CBM” or the “Company”) is pleased
to announce the signing of a comprehensive Joint Venture agreement to build
the first Accoya(®) Wood factory in China (the “Agreement”). Under the
terms of the Agreement, a new joint venture company (the “Joint Venture
Company”) will be immediately formed between CBM’s subsidiary, Diamond
Wood China Limited (“Diamond Wood”) and Nantong Acetic Acid Chemical
Company Ltd (“NTAAC”), an international Chinese chemical group, to
construct an Accoya(®) Wood factory with an initial design capacity of
160,000 m(3) and ultimate target annual capacity of 480,000 m(3). The initial
financing is for circa €48,000,000 as set out below.

Under the terms of the Agreement, Diamond Wood and NTAAC have agreed specific
factory-related milestones and equity contributions by each party. Diamond
Wood will contribute €11.2m of equity for a 51% majority shareholding of the
Joint Venture Company with the additional right to receive a royalty income up
to €180,000,000. This equity contribution will be made utilising the
Company’s investment agreement with a private family office which was
announced in July 2019. NTAAC will contribute €10.8m of equity for a 49%
shareholding. Debt financing has been agreed with a leading Chinese bank for
the remaining €26m. The China-based Accoya(®) Wood factory is expected to
be producing its first Accoya(®) Wood at the end of 2022, with sales volume
ramping up in 2023.

Diamond Wood has the exclusive license to produce and market up to 750,000
m(3) annually of Accoya(®) Wood in the Greater China Region from Accsys
Technologies plc (“Accsys”), with a right to sell into other Asian
markets. Accoya(®) Wood supply is currently only available from Accsys’
Titan Wood factory in Arnhem, Netherlands, and is primarily sold as a premium
building material to small construction projects. The new Diamond Wood-NTAAC
Joint Venture plans to industrialise the production of Accoya(®) Wood on a
large scale. By leveraging significantly lower costs in chemical, wood, energy
and other key inputs, the planned China Joint Venture Company will supply
Accoya(®) Wood to high-volume wood-product manufacturers in China and Asia,
which dominate global markets in windows, doors, flooring and outdoor
furniture."

It's a long drop - 37% - since our heady days of last July. To be fair we had risen from the low 40's in just 3 months, Covid fuelled.

Has there been any negative news since then? There's certainly been loads of positive. Love this last one re the TB test: 2 hours to tell them the strain and antibiotic resistances, as well as diagnosis. Great news for the world, as well as us.

"We believe that our new method, which utilises the advanced technologies of Adaltis and, in particular, the NATlab of Ador, will be particularly crucial in preventing the spread of drug-resistant TB strains. We also expect our solution to be more affordable and accessible than those used today. .....

The Stop TB Partnership was established in 2001 to eliminate tuberculosis as a public health problem. It consists of over 1,700 partners in more than 100 countries, including international and technical organisations, government programmes, research and funding agencies, foundations, non-governmental organisations, community groups and members from the private sector. .......

TB is one of the top 10 causes of death worldwide and the leading (non-pandemic) cause from a single infectious agent. Drug-resistance, which can emerge through the prescription of incorrect treatment, and multi-drug resistant TB is an increasing public health issue and a health security threat. In addition, the WHO estimates that three million cases go undiagnosed each year. "

The clinical trials are being fully funded by the Stop TB Partnership, which sounds like the leading world organisation in this area.

TB is one of the top 10 causes of death worldwide.

Drug resistance is a huge problem.

Yes, this is wonderful news.

Include me in pls. In 1 year today.

Can't be bad, can it?

"Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces the signing of an agreement under which Mastercard, a leading innovator and global technology company in the payments industry, will invest $100m in Airtel Mobile Commerce BV ("AMC BV"), a wholly owned subsidiary of Airtel Africa plc (the "Transaction"). AMC BV is currently the holding company for several of Airtel Africa's mobile money operations and is intended to own and operate the mobile money businesses across all of Airtel Africa's fourteen operating countries."