Member Info for Richard08

I wonder, would a merger this big run into a monopoly challenge? Do they have this in Oz?

Every time I think of buying more, it goes up, and I tell myself not to buy more as it will surely stop rising soon.

And then it goes up more the following day/week.

Still, can’t really complain!

Agreed. It quite clearly says “no problems over here”.

Another tip for MPAC, Lucy T the Sunday Times today. All free positive publicity is good publicity!

Good numbers those. Can't argue with more gold and a higher price. On a much stronger footing than last year, it will be interesting to see the market reaction today!

I shouldn’t worry too much. The Bank of England decided not to reduce rates today and it doesn’t look like it’ll happen soon. Until rates go down this won’t become attractive. But when they do, it should rise

Tend to agree, Jurado. The company fundamentals are in place to support a higher price and hopefully the market is now recognising that. It will take time for the market to overcome the company’s now distant past but give it time.

Obviously we don't know... but it's getting a bit carried away now and I do wonder if something has got out. In a way, hopefully it has, because it must be good news! Fingers crossed they've finally got something sorted out.

ATB

And selling this off. Anyone have access to the full shares traded today? Doesn’t seem that much traffic going through. Mind you, doesn’t take much to move it down ten per cent…

He keeps doing it. Eventually the market will see the light. Hopefully!

That seems a positive update. I keep reading it looking for the nasty detail but there doesn’t appear to be one. Dare we hope the company is on the right track at last?

I don't know of any company linked reason as to the fall but the European Central Bank kept rates where they are today and made no mention of lowering them, in fact the reverse. The read across is that the BoE and the US Fed will do the same meaning that shares like Gore Street will not have a reprieve any time soon.

Yes, profit. it has been a long time coming! Well done to all at the company and let’s see what 5e sp does today!

GLA

I tend to agree r.e. bottoming out. Just commented on the BGCG board (which is extraordinarily quiet) that the majority of the negativity must be priced in by now. You would think/hope! Perhaps the news of the potential for Chinese stimulus will come to something. Fingers firmly crossed!

Maybe it is, maybe it isn't... but by now the majority of the negativity has to be priced in? You would think... Either way there reaches a point where this becomes a value proposition. And given that this is a quiet board (often a good sign) I'm buying more.

Definitely a time for patience. It's only four weeks since the trading statement telling us that revenues in 2023 would be 500% up on last year and 100mw of orders for Mistral which is still in the testing stages!!

And they also added: "The increased size of these opportunities naturally leads to a longer sales cycle than Invinity has previously experienced."

And we still have two-thirds of Q1 left for the strategic partnerships to materialise. I think the company is doing the very best it can it what I imagine are testing times.

“we will report a substantial increase in revenue and profitability in H2 2023 over H1 2023. Mpac's balance sheet remains strong, and we closed 2023 with positive net cash, in line with our expectations.“

A reassuring sentence if ever there was one! Looking forward to the full set of results!

Seems like someone may be on your wave length here oldbutnowisa… hopefully it’s good news that has leaked! We shall know soon.

IES seems to be heading north to finish the year. I just bought some more to continue averaging down and the deal went straight through so seems to be plenty of liquidity for a change. All fingers crossed for 2024!

Https://www.youtube.com/watch?v=D8KGgjL4Lx4

I think this is the first one of these the company has done? Correct me if I’m wrong. Worth tuning in 30mins into it for the portfolio and growth update alone. Quite considerable growth planned for next twelve months so possibility of positive news flow as it all comes online and becomes accretive.