Member Info for Spades1973

You may be a nominee and have no benefit rights . Depending on the account at Trading212 you may not even own the share in a nominee account, you may be betting long on movements using CFDs

if you intend investing long term I'd transfer your business to decent broker who charges a very small commission and holds your shares in CREST.

That RNS slipped in late . Bodes well for the future

"The Formal Sale Process announced by the Company on 2 November 2022 is progressing, with multiple expressions of interest received from credible counterparties. The Company will provide further updates in due course."

Possibly paywalled ?

https://www.sharesmagazine.co.uk/magazine/2022-11-10-Shares

Lets see what the next update brings. In the meantime we can feast on this Journos incredible insight, comparing cheap meat heaven MacDonald's to a largely Veg / Vegan Health conscious high end dine in? I often question myself why I despise journos so much... and then an article like this comes along.

https://www.sharesmagazine.co.uk/magazine/apiDownload/2022-11-17-Shares/844837f9f84179153cfb70d45c4b1f31?edition=ajbyie

"Frankie and Benny’s and Wagamama owner Restaurant Group has seen its shares jump 14% over the last month although year-to-date they have lost around two thirds of their value. Restaurant Group has done a good job of mitigating increased costs, having hedged its utility costs out to fiscal 2024. In addition, the firm has reduced interest rate exposure by arranging a cap on £125 million of gross debt from November 2022.

Despite the business showing resilience with like-for-like sales growth ahead of the market, the pressure on households’ budgets and consumer spending is likely to intensify. That raises the risk that families will switch from a trip to Restaurant Group’s outlets to a cheaper experience like McDonald’s (MCD:NYSE).

Shares believes it would be wise to avoid the shares given heightened risks of a consumer slowdown and persistent downward earnings revisions. Over the last year analysts have reduced their earnings forecasts for 2022 and 2023 by 20% and 50% respectively"

DYOR GLA

Sit on hands time!

Sorry I stand corrected 357Mil to buy Waga. Near enough 400Mil Tho

"The Restaurant Group plc ("TRG"), is pleased to announce that it has conditionally agreed to purchase the entire issued share capital of Mabel Topco Limited ("Wagamama"), the holding company of a group that owns and operates the Wagamama restaurant business (the "Acquisition") for a cash payment of £357 million"

The jewel in the crown was bought for 400M, current RTN Mk cap is 250M. so taking into account the increased revenue from Waga, and the protected state of the company balance sheet any bid ITRO 0.5B (70p) would be at the bottom end. Although massively below what i expected these shares to achieve i'd have to consider accepting it.

Tightly held . Not even 0.15% of shares traded on 765m in issue . Massive swings to stimulate trades . Don’t fall for it - Long game

Nice uptick today! Can you sell some more please... :-)

Its not looking promising for a reasonable bid, something would have leaked by now. I would vote against anything below 30p anyway as the full business is worth this.

More real world progress ...

https://www.batteryenergy.com.au/news/safe-sustainable-batteries-made-in-australia

Maybe Acconia need to get their finger out and get the first batteries installed before we can real pictures? Although it has only been just over two months since the inspection release note was signed at Gelion, and it will have been a long transit.

I Agree at least one picture of a completed ZnBr battery or cell should have been in the report.

https://www.pv-magazine.com/2022/02/01/zinc-bromide-batteries-to-store-solar-power-at-accionas-testing-field-in-spain/

Closing Statement

"The world has changed significantly since becoming a public company in November 2021 with the
top agenda item for most countries being energy security and targets to net zero driven by
geopolitical events. These energy challenges have resulted in a search for alternative non-lithium
technologies, which are safe, long duration and highly recyclable such as the Gelion zinc-bromide
batteries. We believe that a combination of these factors will assist in reducing the gap between
expected sale price and production costs"

A very slick and persuasive report from what seems to be a company going in the right direction. Well done Gelion for at least trying in very very baffled investment landscape.

Top up.... Maybe?

GLA

Good reports on footfall and Quality from Gateshead.

Yeah it is a bit annoying to see empty tables and queues . But it may be a directive given to stimulate interest and demand from passers by? i've seen it done in nightclubs back in the day. Making people queue spikes the interest gene in Humans!

Good News RNS: A not too shabby interest rate for an RCF on a micro cap tech business. The bank must hold the Management in high esteem.

Sorry @dflynch, I meant @JohnPwh

@dflinch I 100% agree . Its a great product and that is a constant that wont change. What will need to change is the delivery of Tricoya, if the prices skirts 50p a buy out of the tech is on the cards buy a bigger and more slick operator.

I am a value investor and at present there is no value in this company , but there is huge value in their product. Accoya wont provide the cash on its own, its applications are too limited and its too expensive. Accsys needs Tricoya more than Tricoya needs the Accsys.

I am not a de-ramper I am a realist.. Maybe I should short sell? I haven't got much right this year but I guessed the direction of travel on this one when it was over a £1.

The timing has nothing to do with it . It’s on my watch list . I’m waiting for 50p

Absolutely delusional: the Tricoya project was controlled by accsys at project level . There was no interference from the partners. Accsys were 100% responsible for this .

Without wholesale change this will fail . It is a probably the worst project I’ve known for ignorance and inability at strategic level. 50p