Member Info for SLove

You never catch the bottom as they say and I jumped in at 178 but this is, in my opinion, a good investment. More so at these current prices. Almost no debt, good financials, investment that should now produce in a sector that will rebound. At which point the recent investments should start to enhance earnings. Just my opinion.

Lurka, not sure that’s accurate. EPS double and even within the dividend section of the final results it talks about maintaining 2-2.5 times divi cover over the medium term.

I am looking at this price as a good buy in opportunity. Solid business and inflation should erode the debt, in theory. I’m sitting on my hands waiting to see what next week brings. Below 255 and I’m in.

Anyone have any suggestions as to why we have fallen recently? The half year results were good and the tone very upbeat. Significant improvements against most metrics. I’d be interested in anyone’s thoughts here.

We are anticipating a big divi cut, so maybe the market is anticipating this to be severe. Also maybe manufacturing has been disrupted so to what extent against market forecasts? That’s the gamble. Like you Morbox I would top up but have an uneasy feel re tomorrows numbers. I hope I’m wrong. Let’s wait and see

If they can utilise any portion of the inevitable retained dividend to achieve higher returns then that’s fine by me. Hard to get the balance between those longer term holders who have bought in way above the current lows. But total return is what we all care about going forward. Hopefully with the easing off in China and Billi synergies hopefully a much better 2023 and therefore a surge in the SP. Fingers crossed. Still a market leader at a rough PE of 9. Looks attractive to me.

It always gets me how a company like this can lose 10%+ of its value due to a few tens of thousand net sells. Or, is bad news coming next week. No doubt even with all the positive potential order updates revenues will still be lower than expected.
I hold here and have for years. Like you all I’m here hoping for the big one to drop and the ball really starts to get some momentum.

In addition to them saying performance will be ahead this will be further helped by the weakening pound and their growing US business. Assuming no downturn in business from the wider environment this share should do quite nicely. Time will tell of course.

Could you attach a link as I’m unable to find anything on it… thank you

For me I’d like them to refer to how these huge contracts will be funded. I know we have just had the raise but hopefully the deals include an order deposit which would support working capital and therefore hopefully allowing us to reach capital self sufficiency. Reducing the risk of dilution and further raises. I hold what is for me a substantial holding and have for around 4/5 years. The future looks very bright and I am now extremely optimistic looking forward. My feeling is that the market will want to see these agreements translate into increased revs and profits in there next financial statement. Onward and upwards.

I’m sure we all wake each and every trading day hoping to receive that notification at around 7am of ‘significant’ news from TRAC. Will this week be the week? I certainly hope so.

The recent RNS is of course exciting and we all hope it turns out to be true and to the degree that the RNS suggests news will be, as significant. But I am apprehensive. I remember all the excitement around the Bosch deal which turned out to be a huge anticlimax. I hope the news which we are led to believe is imminent is a game changer. Two bits of significant news prior to Christmas.... now that would be something.

I have been invested for for about 4/5 years. I’ll be keeping my fingers crossed for the big news although I do feel there’s a chance we could all be disappointed and not receive anything before the new year. Let’s hope that turns out to be incorrect.

Keeping the faith

I have held here for 4 years or so and feel it’s a well run company achieving good year on year growth. Happy to hold this long term. Acts in a growing space with a product that any company will or in the future will require depending on legislation requirements. Just annoyed I didn’t picked any up when the price dropped back last year.
Congrats to the team for the continued growth

I have posted recently re my confusion re our valuation against our peers. For instance we have a similar valuation to LGEN but have just generated half our mrkt cap in cash from disposals. Our last update showed our core businesses, those that remain, still generate significant profit that is again in line with LGEN. Yet we have all this cash. It’s like we are valued excluding the cash? Even without it we are on a pe of around 6-7. It still feels we are way too cheap here for me. Does anyone have a decent counter argument against this being great value to justify the current price? Thanks

In addition to the convo below re additional cash due to the sales, with the reduced debt and therefore interest payments on those debts (at 6%) our costs will significantly reduce again leading to higher profits... it all feels like it’s going in a very good direction here. Anyone have any other thoughts?

Hi all. As a holder here I am confused as to how we will soon hold half our value as cash, remain highly profitable and are at a PE of nearly twice that of LGEN. Even valued at 15bn with the core business generating 2.5bn we are around pe of 6 excl cash. LGEN pe 13. Surely we remain hugely undervalued. Or am I missing something obvious here. I have just increased my holding.

ECK offers products to support safer transactions including online. I’m confused, as a market leader, why we aren’t prospering during this time when companies are having to change their way of business while ensuring data safety etc. Any thoughts?

Hi all
Like everyone invested here I too was disappointed by the lost divi however I am more than happy with the recent price increase. I would take £4 ps over a lower price and a divi. This feels like it is going to continue its steady climb north which can only be good news for us holders.

Evening all. I’m invested here and have been for a good few years. With the increased geographical coverage and product offering are we expecting an improved performance since the last update? Market volatility usually sees those offering trading services do well which we have seen with the big players in the ftse.
Of course we are biased as we are invested but what are people’s honest thoughts on our progress? Last proactive investors interview was upbeat.

Net profit from DragonFinancials, in which TechFinancials holds a 51% stake, decreased by 87% to US$ 0.27m (H1 2017: US$ 2.06). No dividends were paid by DragonFinancials to TechFinancials for the period. The above was in the lastest interims. Yet now DF pays out a big divi. How?

Slight decrease in rev and profit, shame we didn’t see an increase. Increased cash. Just hope new HK venture starts up soon. To increase revs and profit going forward Still undervalued

Great news on what is a big order however I am disappointed that we have had to have yet another placing at such a discount.