focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Following Ed's recent Tweet what's the betting the next investment will be in JM's Agronomics Ltd!
"Could lab-grown meat help tackle climate change?
Many big years ahead for the clean meat sector. Along with plant based medicine/nutrition/leisure products I can’t see better sectors to invest in for the medium and long term"
Rest of final sentence:
….. win more customers. That provides plenty of potential for a doubled share price once the penny drops with investors.
Opportunity 4 Material Gains: New Article PUBLISHED: 30 Jan 2019 @ 01:19
Mporium (LSE: MPM)
4.45p (4.4p/4.5p)
Mkt Cap: £28.2m
Next results: Finals, March
Last week, Mporium Group (LSE: MPM) unveiled a company changing deal but investors’ have focused on the dilutive share issue associated with that deal. However, while issuing 25% of the enlarged share capital to new client Allay for nil consideration heavily dilutes the existing shareholders there are aspects of the deal that should more than offset this.
The IMPACT platform developed by Mporium enables an advertiser to choose the optimum time to publish an advertisement on television, online or in other media. Specific events or television programmes stimulate the interest of consumers and the technology means that the advertiser can advertise at these times for maximum value for its advertising spend.
Mporium will supply exclusive digital lead generation services to consumer claims management services provider Allay, which spends “low single digit millions per month” on generating leads for PPI, timeshare, flight delay and loans claims. To put this in perspective, Mporium generated revenues of £2m in 2017.
Mporium set up subsidiary MporiumX as a way of getting business directly from clients and generating revenues on a pay for performance basis. Historically, business has come through marketing and advertising agencies. This is the first major deal for the subsidiary.
The size of the Allay deal and the fact that the existing providers will be replaced exclusively by Mporium provides part of the reason why the share issue is justified.
The other important reason is the cash flow benefits. Dealing directly with Allay, means that Mporium has to buy the media space, whereas previously this was handled by agencies and did not go through Mporium’s books. That has cash flow ramifications.
The size of the Allay deal could have put pressure on the cash flow of Mporium and it may have had to raise cash – most likely via a share issue that would have itself been significantly dilutive. However, part of the deal is that Allay is paying more promptly than standard clients and that means that Mporium should have enough cash reserves to run operations.
The Allay stake could end up at 29.9% but if that happens it would mean that the performance of the lead generation operations will have been highly successful.
Business continues to be won from advertising agencies and this will continue to be an important part of group revenue generation.
Mporium has changed from a loss-making, cash hungry technology business into a revenue and cash generating services provider. Investors will eventually appreciate the potential of the deal and realise that the dilution enables the company to become much more valuable.
Mporium should be profitable and generate cash this year. There are no broker forecasts yet, though. Allay provides a strong base from which to grow the business and
(Sharecast News) - Primorus Investments advised shareholders on Thursday that, as per its investment mandate, it now owned a total of 35 million shares in AIM-listed metals exploration company Greatland Gold, representing 1.09% of the issued capital in Greatland at a weighted average price of 1.71p per share.
The AIM-traded investment firm noted that Greatland recently reported an "excellent" combined drilling intercept of 275m at 4.77g/t gold and 0.61% copper, including an upper zone of 118m at 3.08g/t gold and 0.84% copper from 459m, and a lower zone of 157m at 6.04g/t gold and 0.44% copper from 660m.
Those reports came from Greatland's 100%-owned Havieron Gold and Copper project in the Paterson Province region of Western Australia.
The assay results for the further 4 drill holes - HAD 006 to HAD009 - in the recently-completed drill programme were currently pending.
Previously-announced drilling by Greatland at Havieron also yielded "excellent" results, Primous said, including 121m at 2.93g/t gold and 0.23% copper from 497m on HAD001, and 21m at 3.79g/t gold 0.44% copper from 418m on HAD003.
"We have added to our position in advance of the further assay results for the drill holes HAD006 through to HAD009," said Primorus Investments executive director Alastair Clayton.
"We hope these results will confirm Havieron Gold and Copper Project in the Paterson Province of Western Australia as one of the most significant gold discoveries made by any company globally in recent memory."