Member Info for Richard08

That's how I read it - thanks.

Those former Avalon employees should wait patiently like the rest of us are for the sp to rise!

Initially a worrying title and read but after a second read it seems to be a somewhat obscure change with no negative consequences. Am I missing something?

I’m in here mytton. Perhaps this is suffering as a tech play or maybe the debt? Who knows. I think the market is underestimating the essential nature of Restore’s services and this is probably a recession proof play.

I found this in the recent RNS from the 21st akajimmy, it suggests the majority of their debt is fixed unless I have it wrong?

'77% of the Group's drawn debt at 30 September 2022 is hedged via a £75 million long term debt facility expiring in 2035 fixed at just under 3.0%, and a £25 million interest rate cap of 1% which expires in June 2023.'

Possibly, all property related shares and REITs came a cropper over the last month. But IMPACT is climbing now. I have this one buried in my dividend/rock solid collection of holdings. The sp may fluctuate as the govt messes the yields up on gilts but the clientele IMPACT has are as reliable as it gets, and we are not running out of senior citizens anytime soon. This recent drop is a heaven sent opportunity to accumulate in my opinion.

I'm hoping that the gentle rise in the sp over the last two weeks is a good sign that someone knows something we don't. Usually someone does, hopefully this time it's positive news.

A good first quarter it seems. The company is having to manage some enormous currency swings as the ZAR and USD fluctuate:

The impact of exchange rate fluctuations on cash held at the end of Q1 was a $3.3 million loss due to the spot ZAR to USD exchange rate depreciating by 11%.

Just shows how the currency exchange rates can really hit the bottom line!

TRX does seem to be developing a nice upward trend, hopefully it will continue. I too hope that the company continues to invest and grow whilst hopefully staying independent. If it can keep developing new products and selling them at high margin then who knows, we may get a divi, but that would be the icing on what will hopefully be a large cake in a few years time.

I’m buying more of these too, China is going through a rough patch but isn’t going away. The divi will keep us going until a recovery takes place. Of all the worlds economies, China is best placed to manufacture a recovery. Especially once these covid lockdowns end.

For some reason Bioventix doesn’t seem to get it’s results published on here early doors, but they are on their website for anyone whose interested. Another good set with a special divi. This continues to be a nice under the radar play, a well run business, excellent cash flow and recession proof.

Larry mentioned (a while ago, I can't remember the quote/video) that each batttery brings in approx £200k so for 44 batteries this makes approx £8.8 Million. But this £200k is at least a year old and should only be taken as a very rough approximation after the last year of inflation.

The main point to take away is that this is another project win, a bigger battery and yet another installation that Invinity can point to as a successful deployment of IES tech when showing potential customers around.

Important confirmation of the Californian battery sale. 10MwH… biggest to date but not for long I would think. Hopefully this will help to stabilise the sp at these levels and provide a solid base to move up. Certainly the company is moving up and so the sp will eventually follow, as a wise man once said.

Looking at that graph BillBursio, it would appear the gold price is falling with the fall in the value of the £ in relation to the $. Since April both the £ and gold have sold off in similar downward trends. Whether it's just a coincidence or not...

Management seem to be coping well with the unprecedented energy prices. The solar plant should give them an advantage over other miners if energy prices remain high. A good RNS that says ‘hold’ to me, and maybe buy more if you can! This short term situation of low copper price/high energy won’t last for ever and Atalaya has too many irons in the fire to remain cheap for long.

What an RNS! Reassuring on all fronts, another sale hot on the heels of the others and good news on the Yadlamalka battery. Another bounce today I would think!

The company is certainly undervalued now. Mcap of 25mill with approx 35-40mill of assets. But with sales of 1-2mill or so and the net loss rather out weighing the cash there’s a possibility of running out of money in the next year or so, which in this market is enough to encourage selling.

The company obviously has huge prospects, vastly increasing sales, macro trends in its favour, deals being done across the world and a huge ramp up of production. But the market is giving nothing any benefit of the doubt at the moment and it doesn’t take many sales to push the sp down on AIM.

Worst case scenario? I imagine they would be able to borrow against the assets they have if needed but the market needs to see sales coming in and a swift move to profitability. Personally, I am holding and will buy more if it appears to bottom and/or next March-April before the deadline for the Siemens deal.

Obviously the sp is important, ultimately it’s why we are all here. But if you just look at what the company is doing, the progress they are making and the sales that are coming in then they are moving mountains. The management are clearly frustrated as fellow share holders and obviously wish they could tell us more.

My final two-penneth for what it’s worth? Keep the faith, stay the course and hold. This current market ‘phase’ will pass away. It always does.

Interesting that the update appeared on their website but not as an RNS. You would have thought they would have to copy it here too? I love a good Buffet quote Hardboy, I offer you another I think is relevant here:

"If the Business Does Well, the Stock Eventually Follows"

Hopefully, sooner than later. This is surely a recession proof play that pays a good dividend, lots of earnings in US dollars and ripe for further attention from former growth stock/jam tomorrow investors.

Good news! Although I must confess I want to know who it’s with…

I would option C is the most likely. Neither the bank nor govt want the financial Armageddon that would be high interest rates (anything over 5%) would cause so many problems it would be a meltdown. The nation has been on low interest rates for so long it’s almost become a necessity. I like to think I’m a contrarian investor and the market is trying to price in so much bad news that there is no room for anything good happening at all. Admittedly, there is a lot of difficult and bad news around the world but since everyone believes it’s time to sell, the world’s ending, nuclear war is imminent etc then surely this is the time to start buying?!

Interesting to read in the RNS that interest is being shown in the next gen products:

"In addition to advancing sales of existing products, Invinity has received positive preliminary feedback from prospective customers regarding its next-generation product in development alongside Gamesa Electric."

So they must have something to show and/or demonstrate of the new battery and be confident in their ability to deliver on this product otherwise they wouldn't be showing it off. This lot don't strike me as the smoke and mirrors types. Also, by doing this it may be actively putting off potential customers from buying the current battery who want to wait for the new one thus damaging the bottom line in the near term. Well it's not long until next May and then the two years are up on this project and we will see.