Member Info for Riomaster

I had a good look at SAE last night on the annual report and also watching video's, I never knew the 4 turbines up Scotland were actually under water, I thought they were wind turbines. What SAE are doing is really incredible and I'm gobsmacked that a company like this is worth less than 100 Mln market cap. I reallty think the company has so much potential and this will definitely be a 10 bagger or more.

I've just put in a limit order for 250K shares @ 1.8p, I hope it gets filled.

Lutra,

Post your evidence??

Kamakeriad,

Of course!!! who wouldn't be tempted to sell? If I was holding yesterday at 1.05p I think I would of sold 50% and just let the other run as effectively they would be free shares. I've done some number crunching and I've come up with 24p a share Value taking the P/E ratio @ 5 and the Net asset value, bearing in mind Aim companies can do 60 + P/E ratios then who knows where this could end up in a few weeks/Months/years??

I F**king hope so LOL because I will load up :-)

I'm going to buy again if this drops below 2p, might wait for it to settle and see where we are Thursday, the NAV alone is something like 6/7p area a share.

Just been through the Financials & balance sheet etc, I'm not ramping here because I only bought after seeing the rise on the leader board and the EPS alone is 3.5p a share taking 722.8 Million shares in issue, if you worked on a conservative P/E ratio of just 5 that would push the Sp to 17.5p and this is without any assets being taken into account, so we could be looking at present of a 10 bagger from here!!!

I Just bought 50,000 for 2.38, just read the RNS this looks a bargain at this price??? are there still only 722 million shares in issue?

Showing blue so somethings looking good, I only sold a third of my holding Friday as a precaution but on a positive side I've averaged my other 2/3 down. definitely holding from here with an average of around 11% yield, win win situation from here.

It's going to be quite exciting seeing this open tomorrow morning, I sold a third of my holding Friday @ 516 that I bought @ 482. I'm holding the rest and if it does turn into a damp squid then I'll buy back cheaper.

Spikey,

All I can say is read the RNS news of AZN, they are spending billions each year on Acquisitions and their R&D is second to none, trust me £300 a share is very very capable.

Hi Spikey,

I also sold a third of my holding @ 516 after buying @ 482, I see PHNX as a stock well over 600 after the elections and Interest rate cut, I only sold the third as a precaution that I may buy back cheaper but I'm now averaged down on the 2/3 and these can run as I can't see PHNX hitting my average and it's a nice dividend.

Good choice of AZN btw thats my top holding and I think it will hit £300 a share by 2028.

Alessandro,

Because of the IFRS 9 accounting rules. read this link .

https://www.ifrs.org/issued-standards/list-of-standards/ifrs-9-financial-instruments/

I think IMO the main reason for these type of stocks like PHNX, LGEN, MNG etc being under valued is most investors don't understand the new IFRS 9 & 17 accounting rules. IFRS 17 accounting really skews the EPS hence the P/E figures and actually makes them look over priced rather than under priced.

LGEN hit 229!!! me and my misses opening Champayne lol!!!

The 200 Mln will make absolute zero difference in the SP because there are nearly 6 Bln shares in issue, in fact I would say that 200 Mln won't even scratch the surface. What I would of done is turn the dividend payments into quarterly payments and had a very slight progressive dividend rise over the coming years, A good example would be BATS, I think this would of helped moving the sp in a more positive manner.

Lotm-13,

Not sure I'm with you on only 2% growth.

5% DPS growth to FY24 and a first share buyback of £200m in 2024, followed by 2% DPS growth per annum out to FY27

For DPS growth you need exactly that "Growth" or the DPS becomes a negative figure.

For people that are investors in LGEN or other similar stocks like PHNX then I would recommend learning a bit about IFRS 17 accounting and then you will realise just how undervalued these sort of financial stocks are.

https://www.bing.com/videos/riverview/relatedvideo?&q=Understanding+IFRS+17+accounting&&mid=579BABBF7357239F6A70579BABBF7357239F6A70&&FORM=VRDGAR

I was just reading the RNS for the second time and I'm sure that there is some confusion, I think LGEN mean 2% increase on top of the 5% but how it reads is saying only 2% from 2025 and I think that is why the drop, I'm convinced LGEN mean from 2025 they will be increasing the divvy 7%

GB,

Nick always said you ain't daft unless you paid £12 for NCYT hahahaha!