Member Info for Rokerpark68

It was a shame.

Oldapache

I would certainly like to be involved in the club - it would be great to be an investor and on the board.

Just on the wall to my left in my study is an autographed photograph of Vic Halom scoring Sunderland's first goal against Manchester City in the 5th Round FA Cup Replay in February 1973 which Sunderland won 3-1. I wish there were still nights like that at Sunderland these days. Look the game up on You Tube to remind yourself what the FA Cup used to mean, if you have a spare few minutes.

Surprised Charlton went down last season - thought they had enough.

Hello BigjohnnyWin

My Dad was from South Moor outside Stanley but I was brought-up in North Yorkshire. It was only a short drive up the A1 to get up to Sunderland so we used to go a lot.

What another shocker last night v Plymouth Argyle. Horrendous.

Hi again Oldapache,

First a comment on the Main Market move. Overall it has to be good for TILS holders, as it will raise the profile of the company and will, to some extent, increase the number of professional fund managers and institutional investors who will take a look. As I mentioned a few months ago, the problem for these investors is that TILS is still a relatively small company with a limited genuine free float. There will be no new shares made available to the market on Admission and I am not aware that any of the existing larger holders are willing to place some stock to bring in significant new investors. So the problem will remain for any new larger investor whose mandate covers the likes of TILS - ie how to get any reasonable size to make taking a position worthwhile. Having said that, if there is some really good news flow there will obviously be a squeeze as, inevitably, a few new professional investors try to start building a position. Also, if the price really gets squeezed up due to good Brazil trial prints, don't be surprised to see GC fund-raise again, as he alluded to in the conference call at the start of December. He has flagged this, so existing shareholders shouldn't be shocked if it happens.

With regard to the US, the volumes have been very low for most of the year. I have come to regard the ADRs as a small eco-system of their own which is easily manipulated by the shorting community. My attitude to this is "so what?". This stuff happens and will all be washed out if the company hits its product milestones. I really don't know what the impact of the move to the Main Market will be on the ADRs or vice versa. I just learned to ignore all this sort of noise and focus on fundamentals, because you never really know what is going on behind the scenes with market makers in these small caps. I accept volatility in the likes of TILS - it's a small high growth company with relatively illiquid stock. Fine.

What are your thoughts?

What I do know is that I am very happy to have a significant holding in TILS and I am eagerly awaiting news on my Accustem stock. Having said that I size holdings like these appropriately across my portfolios - so if there are negative surprises I can just shrug them off.

Yes, lots.

Hi Oldapache,

I'm coming out of retirement for you.

There are a lot of open-ended and closed-ended funds which have the FTSE All-Share as a benchmark index, but that usually means for a fund manager that it just represents a return target and is not something you are necessarily trying to replicate through the composition of a given portfolio. For example, I used to run an alternatives portfolio benchmarked against the FTSE World Index - hardly any of the investments were in that index - it was just a return target for a diversifying strategy.

It's the FTSE All-Share Index trackers which have to buy all the constituents of the index.

Separately, there may of course be specific restrictions on what a fund with a FTSE All-Share benchmark has can invest in (e.g. no US listed stocks), but this varies from strategy to strategy.

I have been a holder of Eleco for about six months now. It's a quality business with a strong market position, experienced management, a good ROCE, strong cash generation and a solid balance sheet.

I can see this attracting more attention over the coming months.

OKYO raised £500k in September by issuing Convertible Loan Notes to "a single private investor".

I wonder who that could have been........

Hi Oldapache

Thought you would most likely be following this one!

Best

Good to see a patent application going in - and not just in relation to COVID-19. An important building block.

Hi again,

I have been in TILS since March as well and have thoroughly enjoyed contributing regularly to that BB. It has been a fascinating investment - I think the quality of the TILS pipeline makes it very promising and we may well get some real excitement over the coming weeks.

Also, I can't wait to see how the market values Accustem when its Admission finally takes place.

In my view it doesn't matter how long you invest (and I did it professionally for many years) it is always difficult to take the emotion out of it. It's still a fight for me every day!

Very best of luck for the next few weeks.

Hi Mac4eye,

In the short-term I think OKYO's share price could be driven by news at Tiziana (TILS), which is obviously GC's main vehicle at the moment. TILS is on the verge of announcing data from a COVID-19 therapeutic product trial in Brazil and is moving up to the Main Market from AIM on 21 January. If these are good for the TILS share price then GC's association with OKYO will attract more attention - it's a mini price catalyst for OKYO.

In terms of investing in OKYO, my personal strategy for stocks like this usually has two elements. First, if I really want a bottom drawer holding for the long-term, I buy a certain number of shares and hold them. Second, however, I recognise that stocks like this often come in and out of fashion as they are developing, and I am quite willing to trade in and out completely separately to my long-term holding (which I might add to with trading profits over time).

This is one for the bottom drawer in my opinion. Yes the pipeline is early-stage, but how often to you get the opportunity to get in on the ground floor with this calibre of management team?

I have been following WEY for some time now and have finally taken the plunge with a decent sized holding.
This is a structural growth story and the company has a well-functioning platform to exploit favourable trends in online education. Also WEY has international reach.
Very exciting to be on board.

Given how well the TILS story is unfolding at the moment I think OKYO could well attract a lot more support during 2021 - Gabriele Cerrone's stock is riding high. I've bought OKYO stock on the strength of what is an already proven management team.

It would be fantastic if we now also heard some really positive news about the Accustem listing.

Very pleasing to see how TILS share price momentum is building in the UK at the moment.

Also an outstanding addition to the board announced this morning.

All looking good for everyone who held through last year's volatility.

I've just signed-up to it. Looks great fun.

Shame, you got me excited for a moment then.

That's for TILS not Accustem.