Member Info for rylidan

Thanks for the metrics.
One I particularly like is NAV against MCAP.
NAV at 30 Sept 2021 $451
MCAP as today £301

Ridiculously cheap. They are churning out profit, pay a great dividend, growing, plenty of cash.

Can't see what not to like, so topped up this morning.

Yes and yes. Expected 1.7p interim as previously announced, but with exceptional results they may announce an increase or a buy back....

Amazed that this is still at a considerable discount to the recent placing at 0.8p, given a couple of significant RNS's.

Why is the share price "stuck" at 0.547p on here? Does someone set that manually? It's not on any other site.

This would also be the right time to announce a share buy back. At a share price just over 4 times last years EPS it makes complete sense.

The shorters are in for around £40m to buy back. They will try and twist the likely good results with their spin. At the end of the day this company is generating cash, has a niche market that others can't reach, and is growing content revenue. Time will tell. No doubt the shorters were out again today trying to dampen enthusiasm. At around 8% yield I believe this company is an excellent dividend generator for my long term pension. Will be looking for a nice EPS figure in the results.

I see citadel increased their short slightly this week with an attempt to push us lower. Reckon plenty of shorting stooges from blackrock and citadel on this board. Shorters generally mean depressed prices, but when they exit the price rockets. Reckon results will be good, if Q1 is any guidance they will be. Plenty of new content coming on line, and the ITV brand is loved by many with large disposable incomes that the advertisers need to reach. Obviously the shorters peddle their own story.....

Been looking at the RNS again. I'm quite surprised by the level of additional debt they have secured. It doesn't seem needed for just one plant? So are there things not being said?

1. Do they actually have a number of plants lined up OR
2. Is profit this year below expectations and therefore not available foe expansion?
3. Is there another reason for the two loans, the new revolving credit AND not paying off the existing loan as per their agreement.

The numbers don't add up for me, so would like the company to explain further if possible. Or someone here may have a view?

That said the rate they have secured for new loans is very good. It would have been good to pay off the older higher rate loans sooner, but now that won't happen.

So shorters do have their uses! Got a bargain top up today that would not have been possible without them. I see they are trying to reduce / close under 70p, so with a little patience today's purchase will see a great capital gain, as well as a stonking dividend. Cheers!

Got the money, just need something other than seeds to spend it on! Could be the trigger to a price surge today.

I don't understand why we fell so much when the last fundraise came through. Trading at around 1.3p, we've had great news, more funding and yet trading at 50% of the price. Anyway, I have lots of patience, and also taken the opportunity to top up a couple of times. I guess it will move up when the players are loaded up.

Sold out over a year ago, lovely profit, but felt it was overheating. Now back in with a starting position as consider this oversold. Will build back up over the next few months. GLA

Still looks very cheap to me. With Iodine at $70/kg and global demand rising we should be closer to 50p, and to £1 with a couple more plants in the right locations. No reason to sell anything for quite a while yet.

I guess this is one of those risk vs reward shares, that will be volatile with high PI involvement. Hold onto your pants! Assess value and risk, and buy low, sell high. What could be simpler?
Holding these for a while now. For me current value after that RNS is quite a way above here. Going to take time to get there. Weeks or maybe months! We should have been 50% up on .8p if it wasn't for the spreadbetters taking us down to stupid levels by assessing too high a risk.

I see fair value some way above here. The potential share buy back is likely to drive us there. About time too.

That's a lot of shares to buy in a thin market, in a share that isn't very liquid.

Approved up to 19,185,841 shares to be purchased.

Nice to get verification in the IA.

Much to like in the half year results. Headlines for me:

"RWS remains in a strong position to make the investments announced in March, fund further acquisitions and maintain a progressive divided policy"

Half year dividend up 13%.

Good board appointment who will bring a depth of experience.

I expect yield of over 3% for this full year.

So what excitement will tomorrow bring?

Well, something is pushing us up. Let's hope we get news of new plant build starting soon.