The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Here is the link to the referenced 6 million in 2019 which I rounded up. Of course 2020 is referenced in the table at 6.7 million rounded down in case I am accused of ramping. Hope you enjoy perusing the article and apologies for not attaching earlier. Before anyone starts bemoaning the figures, well I for one could quite well believe them.
https://pomanda.com/company/04676191/device-authority-ltd
forgot the link for great article...still searching for the one that referenced estimated turnover at 6 million plus.
https://www.progressive-research.com/wp-content/uploads/2019/09/TERN-20190927.pdf
This link is not the one but goes back to Sept 2019. Very much worth a read for new investors or disillusioned current investors. Straight forward to realize how much further forward we are and therefore the complete disconnect in sp.
Yes when posters keep changing Avatars you can be fairly certain that they are duplicitous. Yes sad, empty and desperately needy individuals. But if they are on here they at least are leaving other shares alone. Found an interesting article that put the turnover estimated for Device Authority at 6 over million for I believe 2020.
If Device Authority has increased it's revenue and the handsome numbers have continued as we have been told then figures now and especially at the half year point should be very impressive especially as many Device Authority partners must be very busy deploying Keyscaler especially Microsoft Azure, Venafi and AWS and not necessarily in that order. Potentially many others when looking at the website including being deployed by our other investee businesses.
Just a matter of when the SP will rise significantly which is frustrating but certainly no longer of any question about if the sp will rise. Fortune favors the patient. Al has now stated that the key overiding factor is maximising shareholder value and as he remains the largest it makes sense and I am more than happy with the progress being achieved on all fronts.
I have to presume not G rees (LOL) as near as dammit blue when he/she posts. Sp drops but every day the investee companies are moving forward and not only receiving prestigious awards but also receiving high praise from their peers and equals in their respective fields of expertise.
If the average to new investor cannot see that then there is no help. As for traders and trolls they will knock it as in many other AIM registered shares to suit their agenda but are totally disingenuous. Personally happy to have had time scales being clarified. They will happen when giving the best greatest reward at a time and price that is most beneficial to not only Tern share holders but to all the share holders of all the investee companies.
Makes sense and stops any buyers thinking we have a timetable to adhere to. Lets be honest Covid has fast tracked all our companies forward by a year or two than would otherwise have been realized.
So whilst very annoying if you invested on Terns time scales and need to pull the money which for some may be around a 50% loss then yes you should and have every right to be aggrieved and this is what Al and other tern directors fail to acknowledge nor show any understanding. If however you have invested and await a handsome return sometime this year imo then you have been given another timely gift if cash rich to get more bargain priced shares.
I feel no funding required and certainly he would struggle to justify doing any fund raise at any price lower than the last which was at 18.8p. Especially as he has stated that all business revenues have increased by 75% on a 6 month basis and no sign off a slowing down.
Still the best share for Multibagging on AIM imo!
I think you will find that Al Sisto and directors are not being let of the hook at all. Far from it and I am sure you will see some exceptional newsflow before the AGM. This should return to 20p++ . the" handsome numbers" being reflected for the last 12 months are only increasing and if at 75% every 6 months as stated then Tern's percentage share (53%) of Device Authority's valuation will more than cover our current market cap. (39)million. Incredible really when you dissect the fundamentals
So the other four world class investee companies currently carry a value of zero?
Personally it is an easy buy for me at any price up to 20p if looking for a multi bag. I said it last year and if value for shareholders is the key driver then I still see that we will get an all time high sp of 60p ++ on our first exit with whichever of the investee companies it is.
Still a more than happy holder. But yes, very disgruntled with the very poor communication.
reading many posts yesterday across numerous boards many investors took a negative slant on the rns. However my slant was that of which has been posted on ADVFN (below)and it just shows how an rns can be perceived so differently.
Great post, Tonyslyfox 301913
From the telegram group, makes perfect sense. Courtesy of Richard.
I got a reply from Tim yesterday regarding the no defined time horizon quote. An extract below
"These three lines all need to be read rather than just three words (“no defined time horizon”). Al is saying in his quote he wants to sell when shareholder value will be maximised. Not sell cheap, not hold for ever, and looking every day at whether today is the right time to sell, whilst continually increasing the value. No one timeline fits all companies, even if an indicative one has been provided. Some may be sold quicker than the indicative timeline, some may be held longer to maximise value to Tern shareholders. In fast moving markets which are presenting continuing opportunities to the portfolio companies it would be inappropriate to have a “defined time horizon” for an exit and indeed this would be seriously value destructive if potential buyers knew Tern was selling by a certain date."
Confirms what many had said yesterday, why have a gun held to tern’s head if in talks due to stupid timelines they’ve missed already.
From MY stance point the fundamentals are all improving greatly and in the cold light of day investors will see the manner in which the RNS was ACTUALLY meant and the sp will rise accordingly. Again poorly worded and the Nomad and PR company are both culpable and should be relieved of their duties imo for being incapable of performing their duties .... but hey maybe they are loading up.
Al Sisto and Directors are also once again guilty of shooting themselves in the foot for producing another poorly written RNS. However an exit will now be announced completely out of the blue as time lines have been erased and maximum value for share holders of which Al is the largest is the key driver. Income continues to gather due to recurring revenues and top class investee companies with synergies that promote each other and are all going Global.
That is a fantastic achievement and Al must still take credit but needs to silence the doubters and naysayers. One good exit will do it.
Great RNS re occuring revenues$$$£££$$$£££. I have to say that after todays specifically worded update on all investee companies I am more inclined to believe that Tern could be bought out for a very large sum that would give all Tern holders a very deserved dividend payment with Al Sisto being the largest shareholder and most deserving of any T.O.
The revenues of the investee companies are increasing and the end game is in sight imo. One can only surmise till an exit/s or T.O. I feel many will get caught out with the announcement. Great work Al Sisto and Tern Team and all Management Teams and employees of our investee Companies.
Those that post all day with no shares make me laugh. Not agenda driven are you? Soon you will have to find another home to frequent imo. LMAO
Yes fabulous post and so very accurate. On ADVFN one particular Avatar posted 18 posts to try and hide all the very important and relevant current exceptional progress of all the investee companies. The mismatch will soon rectify in what will be very good news for all Tern holders. Al Sisto may soon be unable to stop the inevitable RNS that re rates the Tern SP once and for all.
Sorry that you are not all quite their imo. A cynic if ever there was one. Firstly I have never known a ****** to have a good idea. I do my own trades as have several share accounts. Neither do I fish in this country so you seem confused on many levels and that is translated in your random inaccurate posts. Back on filter with the other idiots. You may want to read my post as you will see I have a very healthy average. So no big losses and no little losses either so sorry to disappoint. No I can stand my rounds quite comfortably and have the friends to do it with. Sounds like you are a tad jealous that I have a great circle of friends. Oh well maybe join a Gym and try making friends that way. Good luck bobbysocks with your other stocks.
The 250K shares is a definate buy as my trade shows as a sell when it was a buy and that indicates that the 108108 buy and alot of other buys are showing as sells. This means they are trying to stop the sp going on another 9p rise. Over 500 000 trades showing as sells that are definite buys and just noticed a one trade.
SWEEPIE a 1 trade. RNS incoming as you often say. Alot of very big buys being made to look like sells so for once you may just be bang on. GoodLuck for all those that made it on the train. A lot of unwanted baggage left on the platform.
Flash garden yes bonkers it seems on the highest level but I just received some info from a friend who studies share codes and he said a figure of 108108 shares went through and that such a mirror 6 digit number he has known to be followed by t/o's or partnership announcements.
Beats Sweepie's 1 share belief which even though I have seen that occur many a time the opposite can be said less so. Has anyone else heard of the above 3 digits mirrored into a 6 digit trade. First I had heard but may be something in it.
it is a sure sign to buy. even 2Hott is back. Welcome again as Sunny and look forward to your contributions, I would say I have missed your contribution. But shoes where easily filled by numerous other avatars.
Probably not long before you need to change Avatar again.....speaks volumes.
Al Sisto does that well enough with his silent pr machine. But on the flip side, whenever there has been this much silence a deal or enhanced sp normally transpires.Hardly a ramp Gainzbridge you must be very easily swayed if you see that as a ramp. LOL