Member Info for Qd22

Just topped up at 10.26p. a lot of positives.

Government support for rare earths/strategic metals?

Just topped up. Pity I missed the bottom, but this update underlines for me that this is a good level to buy at. SP is over 40% off the year high.

"The strong organic sales growth reported last financial year continued in the first quarter this year1 with underlying earnings of the Group for the Period ahead of the Board's expectations.

Group sales in the Period were 27% ahead of last year at CER2, increasing by 17% organically3 with a similar organic growth profile in both divisions to that reported last financial year.

Orders were stronger than expected and continued to be ahead of sales with a book to bill ratio of 1.09. The order book at 30 June 2022 increased to a new record level of £240m (31 March 2022: £224m), being 40% higher than a year ago organically. As the year progresses, we expect the order book level to begin to normalise as it converts into sales.

Gross margins in the Period continued to be resilient and the semiconductor sourcing issues flagged last year, impacting two of our 21 businesses, have improved although remain tight."

Also very glad to see how they are treating their employees in Sri Lanca's dark times: "One of the Group's 31 production facilities is located in Sri Lanka where, despite the current unrest, our operations remain at expected output levels. We are supporting local employees with cost of living subsidies, food and transportation. Contingency plans are being developed to temporarily move production to other Group facilities if the situation demands it. The site's output accounts for around 6% of Group sales."

Wahaayyy! What a roll.

I’m surprised they are not RNSing these contracts. Any thoughts why?

Bought in at 138.44p - a price which has been marked as a sell earlier today.

A small amount buys an awful lot of shares!

If they were going bust I struggle to see them acquiring other companies. And contracts have been coming, more than before.

Also Richard Griffiths is the largest shareholder with 1 billion shares. Rivaldo, whom I pay attention to, says he has quite a following in the City.

What a great and constructive board! It really helps.

Thanks everyone.

Yes, this looks a fantastic product, "adsorbing more than 100 times its own weight of oil-based pollutants" - and you get the oil back! Cheaper than drilling I would guess :)

And it's getting traction. Looks like the North Sea testing has been passed with flying colours, now it's gone to "certain agreed territories". "international oil producing regions with the North Sea being the first". So they've seen it, and they like it. I know nothing of the process or logistics, or capacity, but I would guess supplying the North Sea area would be all they could cope with for the time being anyway. So it's moving forward fast!

And bbluesky, that's quite a figure!!

I'm also interested in "the reduced amount of plastic used in Grafysorber® booms and pillows". I wonder if they enhancing said booms and pillows with graphene? End result stronger, lighter. ...Or just a new design. Anyway, all good.

Just realised this morning how low this has fallen. There are so many shares that have fallen so low against all sense, and so few to take some profits from to make a top up.

But I couldn't resist this, and topped up - again. I'm not a numbers man but the results in Feb from the ongoing operations looked great to me, they're sitting on a growing pile of cash, they look to be profitable, all divisions are moving forward, edgility looks to be really getting its feet under the table, and they were buying their own shares into treasury in the 50's.

Thank you

"The last day and time of dealings in, and for registration of transfers of, and disablement in CREST of, Ideagen Shares, will be 6 July 2022 at 6.00 p.m. The admission to trading of Ideagen Shares on the London Stock Exchange's AIM market will be suspended at 7.30 a.m. (London time) on 7 July 2022. It is expected that, subject to the Scheme becoming Effective, the cancellation of trading of the Ideagen Shares on AIM will take place at 7.00 a.m. on 8 July 2022. By 7.00 a.m. on the business day following the Effective Date, share certificates in respect of Ideagen Shares will cease to be valid and entitlements to Ideagen Shares held within the CREST system will be cancelled."

If the shares are cancelled 8th July, is that when we get our money?

Impressed with all your sleuthing, Thordon! Thank you for the info..

.... to get some news.

This has been in the bottom drawer for me for months, so I'm not up to speed. But I'm sure they are very aware of the disappointment last year, and the negativity of SOME, and are just doing their best to keep us informed. ART you slam them for an interview with little content that seems pointless, but wouldn't you slam the even worse if the lack of communication continued. To me this interview tells me they are listening to investors, and trying to keep us fully informed during this necessary wait. It will go on a while longer - how would we feel if we heard nothing from them all summer?

I'm just glad they are communicating, and showing us they are doing their utmost to make sure all goes well. Seems like good management to me.

I'm not a day trader but I topped up at 3.47p earlier this year and I do find on AIM it works best to always take some profits in a spike. This has risen and levelled out.

Do I take some profits? It's not dishonourable, it would be about 20%.

Or do I hold and wait until mid-July to see what happens?

I think I'll wait - though my guess is on Monday it will fall back.... but then, I am NOT a day trader. At some stage though this will level out, and I just hope I'm alert enough to take some profits then. Goodness knows just about everything in my pf would just love a little injection...

But it's a great company, and I'm so glad to be here. I was to be in 4D too [agreed: no comparison]! And Angle, and look at what's happened there recently.

Really could've done without this thread. We've had a step forward today, let's just be glad of it. There's enough horrible days.

At 50p over it's previous high this looks like it's finally broken out of its year of treading water (which was not such a surprise given the previous years gain).

After those fantastic interims (by the way, it was the statutory PBT up 72% - I'm no accountant) the rise would seem to have been a given: but in this market nothing seems to be moving upward.

KM91, your WealthOracle quote raises a red flag over R&D levels. "Investments in R&D were bellow the depreciation charges for the last year, and this is a red flag for us. We would love to see the divis spend on the future of the company as it is in a highly competitive sector requiring constant innovations and technological advancement."

I don't know how much this - in the interims - addresses it:

"In order to maintain our attractive competitive positioning, we continue to invest in R&D to improve our product set, providing new features and enhancing existing functionality. We are in the process of investing approximately 10,000 man days in R&D over the year to provide two major software releases. We completed the first, Cerillion 22.1, in the period, releasing it in April. As the latest version of our Enterprise OSS/BSS suite for fixed, mobile, cable and multi-service operators, it provides customers with further capabilities and also launches a new set of out-of-the-box solution configurations, which address discrete telecoms market segments. The second release is well under way.

We have also continued to build the team, bringing on new and experienced talent, and have expanded our staff numbers in both India and London. In addition to this, we established our new skill centre in Sofia, Bulgaria, opened in September 2021, and intend to invest further in the team."

70% in hands of top 10 holders, 9 of which are institutions, but the largest holding is the CEO with 30%.

Very happy to be holding this, especially now.

Taking legal action against DP (and CFO?) may also keep the administrators on their toes, and aware their actions can be held accountable in court.

"As we stated in our full year results, our transformational GP Strategies' acquisition continues to progress ahead of plan. The enlarged Group provides a platform to capture a greater proportion of the circa $100 billion and growing addressable market in digital learning and talent management.

While mindful of the current macro environment, strong business momentum has continued into the first half of 2022 and we have a robust balance sheet that will support further strategic acquisitions in due course, underpinning the Board's confidence of significant progress.

"We are delighted by the progress made in the first half of this year and look forward to providing a Trading Update on 26 July".

Massive.

No