Member Info for ringworm

time for an upturn soon ...

as we approach the bottom of the trench it might be an idea to top up before the turning point.

Having sold half of mine at 0.6 I am watching the curve now before doubling down.

No news means FEAR ...

well its been over a month now - so must surely something happen soon ...

They are looking for someone to join their auction team. I had an email direct from them.
I prefer to buy locally and pick lots to send them. BUT its getting increasingly difficult to buy good stock at a reasonable price.

Selling today at 0.16 and hoping for a dip back to 0.14.

I think this is just good now as it is with a small spread, and the placing was only at a 10% discount so I would certainly not sell an investment so soon when the potential here is so good for a 10% slice when I expect this to make 0.5p within a year of production starting. Seriously if you were offered a few million of these at 0.14p you would jump at the chance.

at this price I have optimism.

I was speaking to an engineer who is doing installations locally, and all new meters will be SMETS2 as there have been issues with the early meters, cant remember which brand he was fitting for SSE tho.

Personally I will not have one fitted.

50% software licence, 5% annual maintenance. pays 0.5 of a software support engineer for 10 years.

When these all add up together in a growth market it provides long term financial stability, and makes the books look better for a corporate buyout.

I no longer expect to see an imminent placement as cashflow is improved.

The last was too - and at real open market prices instead of SG book prices, but so many lots were closed early without bids. Its a good time for cherry picking from their stock.

how much for the spoon ?

as thier regionals are in decline, and the flagship publications are losing their popularity due to unpopular political bias.

Dump and Run - even whoopfart Murdoch wont have it ..

at 0.2p this is surely bargain basement prices now ...

hope for a price dip again, but I really don't think that that will happen. I think that we have now turned the corner, and this "hobby" will start to pay dividends.

but the firm is so small there is a big risk of customer buyout. The big cement firms have more cash in the back pockets than the mcap here - even after a good rerate.

but this time with with price so low - again - L&T might just buy the whole thing and kick JC and his buddies out ... with a cash call needed soon even the Bangladesh customer could afford the whole firm and move it to Myanmar or somewhere else cheap ..

Placement is needed to fund the next year. Disappointed to read that JC took so much cash out instead of paying himself in shares. If the recovery continues then placement could be as high as 13p unless the corporate customers take a private placing at market price - I think that about 8 Million will be needed before income starts to rise.

and 10p might be the best price you will get this week ... because this is half the last placement price, and another placement is on its way soon.

so I now have more than I held last year before I sold, but at half the cost, I see some turning of fortunes slowly materialising here.

here :- https://www.stanleygibbons.com/auctions/index.php?option=com_timed_auction but bidding is slow and items being closed early with no bids ... not the best way to run a sale ...

AI's selling big on downward bounce caused by placement speculation - maybe the last chance to top up at these prices as there would be no fundraising before upwards correction. Clear liquidity here and keen buying - I expect bottom at 0.38 before turning.