Member Info for RKBeekeeper

Your Broker was correct to refuse your limit order if it was for more than 10,000 shares.

RKB

I bought more

I am not concerned that the share-price has retracted a little as it allowed me to top-up and now I have over 250,000 with an average of under 27p.

I do not post as often now as I appear to have a few trolls stocking me.

I am a numbers person and crunch numbers all the time and our ZOE numbers (when they are revealed) will be interesting crunching them as I still believe we will be the next Fevetree.

Normally I do not like convertible loan notes, but ZOE do require capital to fund their ambitions and I keep a daily record of how many shares would have to be issued at any date if the first £15 million is converted.

On the 9th of March 2021 (date of the Funding agreement) our share price closed at £1.015p -£1.04p and for ease of calculation lets say the price was £1. For any normal placing it would be at a discount and for this calculation I will use 10% discount. This would imply to receive gross funds of £15 million ZOE would have to issue about 16.666 million shares.

The way the Financing agreement is structured is that as at yesterday’s closing price of 63p – 64p would give a ten-day average of about 81p and with them only having to pay 90% of the price it would be about 73p and for the £15 million drawdown they would receive about 20,579,519 shares.

On the above calculations because ZOE did not do a placing in March for 16,666,666 as at yesterday, they would have had to issue an extra 3,912,853 shares (it the £15 million was converted)

What may have been overlooked by some is that with ZOE having access to the £15 million over 6 weeks ago they have been able to accelerate their ambitions, and this could actually increase the share price (because of the faster roll-out) which will happen, in my opinion and as such result in less shares being issued that the 20 million + above.

As always, please do your own research.

RKB

Yes

RKB

ZOE & FeverTree

I have posted previously about Zoe & FeverTree and I believe there was a reason not to put actual figures in today’s RNS.

FeverTree year to 31st December 2020: Revenue UK £103.3 million, US £58.5 million, Europe £65.3 million, ROW £25 million total £252.1 million. Gross Profit £116.3 million Gross Margin 46.2%.

The FeverTree Brand was launched in the UK in 2005. Their shares were first listed on LSE on the 7th of November 2014. It has taken them 15 years to grow their revenue to £252 million.

When we have our Annual Results announced in July, there will be some actual figures and you will be able to extrapolate them, and I believe it will not be 15 years like FeverTree to achieve a gross profit in excess of £100 million.

RKB

Why I am invested in BBGI Global Infrastructure.

I monitor many top 350 shares and I had BBGI on my watch list for over two years and began buying in February 2021.

I am transitioning from AIM to top 350 companies with a goal of obtaining dividends of £40,000 a year from my SIPP.

I currently have seven shares that are paying me almost £3,000 over April & May and I have a goal of a minimum dividend yield of 4%.

BBGI are paying their dividend today and they did offer me a script alternative but, on this occasion, I decided to accept the cash dividend.

Currently they yield about 4.18% and in 2021 they have a goal of paying 7.33p which at the current price of £1.724 is a yield of 4.25%.

What BBGI do is in the name “Global Infrastructure” Where they invest in reliable and dependable infrastructure projects with a guaranteed income.

RKB

Why I am invested in Secure Income Fund

I had this share on my watch list last year, but things were about to change, and I decided to wait.

I am still in the process of migrating from AIM to top 350 companies for dividends and potential capital growth.

A few years ago, when a FTSE 100 company went ex-dividend like say LGEN or DLG, whatever the dividend was, the share-price on the day it went ex-dividend would almost always without exception decrease by the dividend amount. That is not the case over the past 18 months or so and often the share-price perversely increases on the day that it goes ex-dividend.

Secure Income Fund is not your normal share. The company is in rundown mode and in the process of winding-up and returning capital to shareholders.

The most recent capital return of 12.5p is being paid tomorrow and the current NAV is 78.2p. You need to read some recent RNS to fully understand how much you may receive on the wind-down. Recently when the share went “ex-return of capital” the share-price did fall by 12.5p which is understandable.

With my financial background and knowing what a large Scottish Retail Bank did (does) when “collecting assets” I estimate that in the process of winding down Secure Income Fund there will be more than 78.2p returned to shareholders. This is because in previous write-downs some of these were written off or written down substantially and now SIF are in the process of “collecting” previous bad debts they will be making offers to “secured” clients, offers that in my opinion will be a win-win for the clients and SIF.

RKB

PS Theosus I may have arrived late to the company that you referred to but I have done very well with that one, it is the only share I have traded and continue to trade.

Why I am invested in RBG Holdings

I bought my first batch of RBG Holdings in January and I have an average of 72p. Currently I am up about 40%.

This was another share on my watch list. I have many shares on my watch list, but I only invest after I have done extensive research. I do unfortunately attract a few trolls.

I now only invest in top 350 shares basically for the dividends and potential capital growth and I have stated recently that I am only now in two AIM companies (My Italian Company an Investment Company that has £5 million cash and no debt and £5 million of other assets) but as you will note RBG is AIM. I obviously had not removed this share from my watch list and fortunately for me it remained on it.

You will not obtain the correct dividend information from HL as they indicate last dividend was paid last June but I received a dividend of 3p last month and my current yield is 4.17% but with a capital gain in only two months of 40% I am pleased I retained RBG on my watch list.

If you were to read just a few of the recent RNS communications, then you may discover why I believe that I will achieve a 100% capital gain this year.

RKB

Why I am invested in Sabre Insurance

I began buying Sabre Insurance earlier this month on the day they produced their Annual Results and after having them on my watch list (along with a few others) and doing extensive research.

I liked the Annual Results, and I am only now investing in top 350 companies, ideally ones that are good dividend payers and / or ones that have protentional capital growth.

The current dividend of 6.8p is being supplemented with a special dividend of 4.9p making a total of 11.7p and currently my yield is 4.96%. I calculate my yield on what I am about to receive (on 22nd May) on my actual costs. HL indicate a yield of 4.36%

I note the share-price has moved a little today, but I believe it will move substantially more over the next few months.

RKB

Why I am invested in Syncona

I began buying Syncona last week after doing extensive research and only when I had the indicative pricing of the IPO of one of our investments in Achilles Therapeutics plc.

When Achilles IPO this afternoon in America, Syncona will have about 27% of a company that at their IPO indicative price of $18 will be worth £127.8 million (11,086,909 shares @ $18 = $199,564,362) Our increase in book value of Achilles will be about £50.6 million and they indicate an increase in value for us of about 7.5p.

I am only now investing in top 350 companies, ideally ones that are good dividend payers and / or ones that have protentional capital growth.

In my opinion Syncona is undervalued and eventually the Market will discover what I have.

RKB

PS I have re-posted this as it is not showing on laptop or iPhone, no doubt when I do it will appear twice.

Why I am invested in Syncona

I began buying Syncona last week after doing extensive research and only when I had the indicative pricing of the IPO of one of our investments in Achilles Therapeutics plc.

When Achilles IPO this afternoon in America, Syncona will have about 27% of a company that at their IPO indicative price of $18 will be worth £127.8 million (11,086,909 shares @ $18 = $199,564,362) Our increase in book value of Achilles will be about £50.6 million and they indicate an increase in value for us of about 7.5p.

I am only now investing in top 350 companies, ideally ones that are good dividend payers and / or ones that have protentional capital growth.

In my opinion Syncona is undervalued and eventually the Market will discover what I have.

RKB

Good morning Dbag

I think you will find the RNS land in about one hour.

RKB

The share-price at the close and the daily volumes for the past week will have been used for calculating the number of shares to be issued for the enhanced script dividend alternative.

I do not have their algorithm, but my calculations indicate just under 19:1

Therefore, for each 100 shares I would like to think we are going to be given 5.263157 New Shares.

We will know on Tuesday exactly how many shares we are due for each 100 shares and if my calculations are not so accurate then I will look at my calculations and see if I could have made a similar calculation to what we are informed.

RKB

Good morning Theous

Part 2:

So, the conundrum. First if anyone has purchased at say 4.5p and the price in the not-too-distant future is north of say 6p (a low price just for this post) then if at some point in the future they are “trapped” then there should be no reason to be derogatory towards any poster (myself in particular) because if they had wanted to exit at a profit then they could have (greed prevents them so they only have themselves to blame)

I have said I have in place numerous top slices from 4.4p and above beginning at 21,000 and only reducing in volume. This was to send a coded message to say I am not running away but that I was confident of achieving a higher exit price. I have today cancelled all limits except the one at 4.4p for 21,000.

So, if you have your calculator then the question is why do I have an answer on my calculator of 26,905,554 and at the silly low price of £0.30p that would be an inheritance of £8,071,666 for my family if I was to be hit by the bus at 30p?

RKB

PS I have no intention of posting in the future (on this B.B.) my financial future is secure and it is up to you to “persuade” Fredomfighter to apologise for saying that I have other user names and that I am invested in other AIM stocks. I hope that you are not successful in persuading him / her in retracting their falsehood as I will then have more time to discuss “other little gems” privately. It is your loss, but you all should have made life changing sums in this little (!) Italian company. Do not forget I play not to lose, I either draw or win and most of the LTH here have won, BIG TIME.

PPS I will only have one AIM share after CLP and that is PRIM and I am 100% confident that I will make more on PRIM than CLP. Now that is a conundrum (because you do not do proper research)

Good morning Theous

Part 1:

Conundrum: noun a confusing and difficult problem or question.

I have said I would not post because of the trolls but events have overtaken after Francesco decided to go on the attack (I have no issue with that as it is always a good move: attack)

Theous, I have always appreciate your support and I have always believed in free speech and as you say we may not always agree but apposing views “act as a personal check and balance” (now at about 50,000 in MTRO so extremely happy with that, courteous of Francesco)

The nupties never understood the reason why I was made an insider. I had to keep my powder dry, and I had to watch the share-price rise and could not top-slice to attempt to remove my original stake.

As you know when the trolls arrive and attempt to rubbish anyone invested, we all know that they want in at a lower entry. Nobody (apart from the bitter Johnybad’s) post on a share they are not invested in.

When the shares in issue were about 210 million I had slightly over 3% and wrote to Bod, Nomad, Broker etc and had communication that I did not have to TR1 as it was HL responsibility. My shares were held in their Nominee account. There was a lively debate at the time on our B.B. about the ins and outs of TR1’ing and there was no definitive conclusion who had responsibility to TR1 even Matlot and Knigek contributed to the debate.

There have been a few on our B.B. who take exception to my posting that I am top-slicing and take exception to my incessant posting to that effect.

RKB

Good Evening BBR391

You have always remained positive throughout our trials and tribulations.

I will make an exception and post tomorrow.

RKB

I believe you will find the spread is actually 4p – 4.65p

RKB

Not true.

RKB

Filtered

John Story and ZOE

Part 2

RNS 20/08/20 TR1 from Spreadex Ltd informing us they increased from 8.02% to 9%. You will not know at this time if this is John Story increasing through his preferred financial instrument or a friend or someone who is following the money. Share Price closed at 21p – 22p

RNS 16/09/20 TR1 from Spreadex Ltd informing us they increased from 9% to 10.39%. You will not know at this time if this is John Story increasing through his preferred financial instrument or a friend or someone who is following the money. Share Price closed at 22p – 22.5p (are noticing a pattern yet?)

RNS 21/10/20 TR1 from John Story which shows his holdings which are shares and financial instruments. You now need to get your calculator out. Share Price closed at 40.5p – 41p. (have you now noticed a pattern? What are friends for?)

RNS 29/10/20 TR1 from Spreadex Ltd informing us they increased from 10.39% to 11.08%. You will not know at this time if this is John Story increasing through his preferred financial instrument or a friend or someone who is following the money. Share Price closed at 38.7p – 39.5p

RNS 9/12/20 TR1 from Spreadex Ltd informing us they increased from 11.08% to 12.14%. You will not know at this time if this is John Story increasing through his preferred financial instrument or a friend or someone who is following the money. Share Price closed at 75p – 77p

RNS 2/03/21 TR1 from John Story which shows his holdings which are shares and financial instruments. You now need to get your calculator out again. Share Price closed at 87p – 89p. (have you now noticed the pattern again? What are friends for?)

RNS 8/03/21 TR1 from John Story which shows his holdings which are shares and financial instruments. You now need to get your calculator out again (keep it out) Share Price closed at £1.02p – £1.03p. (have you now noticed the pattern again? What are friends for?)

RKB

John Story and ZOE

Part 1

RNS 12/02/20 £330,000 convertible loan note & 950,000 shares @6p share price about 7p on the day.

RNS 2/06/20 850,000 shares @4p share price closed at 8.5p – 8.8p

RNS 24/06/20 Company receives two disclosures from John Story the TR1’s and points out that the majority of his shares are held through a financial instrument and “the majority of the holding of Spreadex Ltd relate to the financial instrument held by Mr Story” Share Price closed at 9.5p – 10p

RNS 25/06/20 TR1 from Spreadex Ltd informing us they increased from 5.8% to 6.04%. You will not know at this time if this is John Story increasing through his preferred financial instrument or a friend or someone who is following the money. Share Price closed at 9.6p – 10p

RNS 5/08/20 TR1 from Spreadex Ltd informing us they increased from 6.04% to 7.23%. You will not know at this time if this is John Story increasing through his preferred financial instrument or a friend or someone who is following the money. Share Price closed at 11p – 11.2p

RNS 17/08/20 TR1 from Spreadex Ltd informing us they increased from 7.23% to 8.02%. You will not know at this time if this is John Story increasing through his preferred financial instrument or a friend or someone who is following the money. Share Price closed at 15p – 15.5p

RKB

I have a Story to tell.

Tomorrow I will post a Story which is in two parts.

I think I will post about 10am.

RKB