Member Info for reapz234

Chart looking good here... passed the 200MA and only a matter of time now before a golden cross

The article in Investors' Chronicle highlights that software firm Arcontech's shares are undervalued, trading at a low enterprise value to operating profit multiple, with significant net cash and a target price that could lead to a substantial re-rating and a potential doubling of its share value. Despite potentially lower near-term earnings from the absence of new contracts, the firm's strong cash position and potential for investor optimism suggest an upgrade from "hold" to "buy".

Key Reasons to Buy

Undervalued Shares:

The company's shares are considered to be in "bargain basement territory" due to their low valuation of 6.2 times operating profit to enterprise value, according to the article.

Strong Cash Position:

Net cash is expected to rise to £8.2 million, which is more than two-thirds of the company's current market capitalization of £12.4 million.

Potential for Re-Rating:

Analysts believe a re-rating is possible, with a target price of 180p from Cavendish. This represents a significant potential upside from the current price.

Positive Investor Sentiment:

The company's optimism, coupled with a buy recommendation from Investors' Chronicle, suggests a bullish outlook for the stock.

Mentioned in IC last night - 100p+ today?

https://www.investorschronicle.co.uk/content/c28899d9-8d13-47df-b1ab-6468b58d6b7f

"As at the date of signing this report our cash balance is £8,018,154. This strong balance sheet allows the Company to continue to invest in organic growth and to continue to look for relevant acquisitions."

Nice update. Should see NAV start to close now, and if it doesn't then the extra cash proceeds are available for buybacks

Traders selling out brought this down to a bargain basement price, small amount of buying or one RNS and this is back above 1p

Comms look to be starting again with new warehouse coming together. SP picking up again, should see a nice rise as we move into a news rich period in Q4

https://youtu.be/LCKS7UlEYLQ?si=EHtPa_0Q61tE3LTt

"15,000 items" processed per day.

"A lot of new customers."

In terms of 'benefiting his mates' he just said the warrants issued at 2p only have a 12 months vesting period as he is confident price will be above this, and if so then will benefit people issuing warrants when price above 2p. This is beneficial as raises further money at a ~33% premium to current prices.

Nonsense. The fundraise was as follows:

9,630,000 @ 3.6p = £346,680

40,500,000 @ 1p = £405,000

Total proceeds of £751,680.

This implies 50,130,000 shares issued at price of 1.5p.

So yes people did pay 1.5p as part of the raise.

Note the £100k raised by 10,000,000 million warrants is from an existing warrant holder who used their Notice of Exercise.

Placing price was 1.5p, so doesn't make sense to immediately dump at 1.4p

Big 15 million trade this morning, that's about 6.5% of mcap

On the March to >400p

Seems the current focus whilst the warehouse move is ongoing is towards higher value items on Boop Beauty. This makes sense, as it was previously mentioned by management that an amazing stock/deal had been done for some items for Boop. But also these items will be easier to migrate to the new warehouse in the next month if they are not all sold in the period, but also whilst driving increasing revenues.

All setting up nicely for a huge Q4, where expecting to see many new lines hitting and a big revenue acceleration. Christmas in Q4 will aid revenue growth and new customers

Yes there's been a chunky seller over the past few days suppressing the rise here, but once they are cleared then rise should begin again and start to build momentum

On its way back up. 2.2p target - https://x.com/TheSaintCharts/status/1951617483888009478

Results inline, stabilised cash position to support incoming major Zoox contract that will provide significant growth

Chart looking technically very strong, only a matter of time before this undervalued share pops to 2p+

More director buying, always a good sign

Valuation looking increasingly attractive, should bounce from these levels and head back up towards the £1 mark

Good update on funding, addressing concerns and delivering to their word