Member Info for skid35

Rodders, not a lot going on apart from Sbtx going up (and down a bit) with logo doing nothing.
Looking for a catalyst to provide a next trading range between 60-70 rather than 50-55 where we are now. Hopefully some news on the horizon, would like the 2020 finals out as well.

Hoping for an update too. Still awaiting the restart of AROC contract which the company, and fed to ST to repeat, was a mere blip a long time ago.

After the cash call before this one to find expected expansion on major orders nothing really happened.
Worth remembering this cash call was required due to complete financial and commercial incompetence.
Still holding out here, I think this is my 3rd year, but have no confidence in board being able to deliver.

Perky.
The rns is a little weird, they have been building this stake for a period of time it's not just a build in the last week / few days.
I am a holder of Miton micro cap investment trust where some of this holding is, they have had this holding sometime (into last year).

Tracy, a lot of small buy a now to build a decent shareholding now, good to know it is new money and not purely the same bunch on this board. Also nice to know they are reaching the same conclusions leading them to buy as it reinforces our decisions.

Nice steady buying, probably a mix of new investors building or existing shareholders topping up having more confidence seeing risk substantially negated.
A final buy this morning to take my isa to a nice round number.

Any further news now will have this absolutely flying, I can see a few taking a quick buck but most will stick this out.

Tracy, an accountant so tend to be a little conservative (small c).
I do now share your medium / long term price estimate, which is why my 1% is not moving for a long time.

I have one other company with a similar market cap as ENET and three others in the £50-80m range, all are subject to profit taking hair cuts and eventual sale in short timescale with the exception ENET.
Although all have their merits none of them have the opportunity that ENET have carved for themselves, class leading products in a growing market, high margin and minimal opex. Concern is really on their ability to recruit and scale for the opportunities.
I would have a conservative share price now of c 60 - 80p (based on a sensible market and no stupid ramping). I thought the Tarana deal was a game changer purely on terms of reducing the risk of further cash requirements and keeping the lights on, but can see it is much more.

Not one for watching the short term share price as I believe quality will out here in the 2-4 year time period.
However I really would like to see us above 40p to get the the warrants issued, just to take this off the table - just get the cash in to strengthen the balance sheet and so that management attention is not diverted.
A nice small piece of news would do this.

With the news this morning that Han**** has awarded contracts to a company where he is a shareholder and the on going saga with greensill, it really does show the absolute and deeply disturbing requirement for companies to have guys like Hammond on board to grease the wheels.

Not sure why this is being compared to unilever.
I own unilever through probably 4 or 5 of the investment trusts I have, I understand the role such a global company has as part of a globally diversified portfolio which is why 80% of my sipp is in investment trusts.
I own opti directly as part of the risk element in my holdings, I realise the risk in opti.
Just because they are in vaguely similar areas of food doesn't mean they should be compatible in any way.

Market in the company showing great strength, not company showing great strength.

Would love this to be Herald as a stamp of approval to add to what they have. Unfortunately they do not provide this level of detail so will never know, and to be frank a tiny blip to them.

Dactions,
I don't believe the BOD are rudderless, some great progress resulting in numerous partners (some will fail) and growing revenues.
Agree the share price is rudderless, it is strange what moves companies and what is in and out of "fashion". As always time will tell and hopefully the quality of OPTI will out in the end.

Looks like a great investment in acuity, just wished drum owed much more than the % holding they have even with the further 5%.
Looking forward to updates, including further strategic updates on increasing stakes or new investments. Compared to similar investment companies this one seemed at a reasonable price, with upside potential.

Tracy,
If this was throwing off 50p every 6 months the share price would be at least 20, I can see ENET FCF being incredible once this hits a more steady state especially if royalties make up a large % of revenue.
Not sure of the tax on div vs capital gains in Israel which might determine this.
As with most here in the the long haul, I think I have stopped adding to my holding now as I have broken every rule in the investor handbook on diversification, in nice level of profit now so just going to sit back and watch with interest.

Simon, the amazing thing here is that it is only 65% as it a duty free sale.
Good portfolio of products now with the company not reliant on one single product for success, and always reinventing itslef ahead of the market.

Gharri,
I think any suitor would need to pay a multiple of where they are, like you I want to see this play out over a 2-4 year cycles where the real value will be understood by the market.

Cambridge, what is the deep technical analysis showing now?

Great numbers, and further product launches to hit the p&l.
Surprised they haven't put out a 2021 estimate even at the low levels, they seem to be absolutely blasting it.

Everthing, across every line and kpi, is deeply impressive. Well done to the management and while team at boom.