Member Info for Spades1973

I feel the worst of the Hull debacle is behind this company now, and the boards main protagonist of the Hull disaster has gone.

Not sure if they’ll start it again in 24 . But it’s well worth perusing, because Tricoya is a potential game changer in construction.

Fingers crossed that the patent is robust, and good enough to defend. Risks are cheaper competitors muscle in because of prior incompetence.

GLA

Oversold

Tick tick

Volume barely registering and a paltry 100K in sales but marked down heavily on red day trades. I see no reason to sell on general market negative commentary.

Nothing has changed in middle England yet - The frivolous post convid party rolls on

Great news from Gelion: Increased revenues = less chance of damaging capital raise.

Strong Buy

I doubt we'll see those levels with out a buy back . Zero debt and divi reinstated would help propel towards 1.5 billion mcap on TO of 750mil +

I'd be out by then too.

FCAP will not pay a divvy this year as declared in the annual report . However, they should report decent numbers once the merger has gone through. Reasonable recovery play

No

The wife went to collect a Take Away over the weekend and reported a very busy restaurant and the queues remain a constant.

The recent value of 200mil for pubs, add the Waga (IMO) 500mil the market cap should be upwards of 750Million

STRONG BUY

200million in the hand is worth 400million in the bush! Get rid of them.

I get the feeling the BOD think the portfolio dogs are performing quite well, running a profit and will command a price individually or a share price re rate by September. Maybe they think that B&P is worth 200mil on its own, and are willing to take a risk on the dross as its not worth anything anyway.

Tbf didn’t expect that . Maybe an activist losing interest as they realise it’s a slow burn

Tbf didn’t expect that . Maybe an activist losing interest as they realise it’s a slow burn

This message is a strong hint that alludes to, If you want our brands you are are going to have to pay top dollar

“ In evaluating strategic options including potential disposals, the Board remains mindful that any transaction must be at attractive levels for shareholders and must reflect both the strength of current trading and the long-term prospects of our businesses”

Ephe - Sound about right - we are on the same page 👌

I imagine if you want a but a business you'd want best value, and that is clearly now when the stock is out if favour. If any interested parties wait until sentiment changes then they will have to pay more. I understand there is risk involved but that is what these PE funds and venture capitalist do, they buy and sell risk.

Ever the optimist! I read that as a positive update . Especially the commercialization aspect.

If they don't ask for buckets of cash long term should be a winner.

As with all investments, Timing is everything!

I would imagine it would be a the merest sniff of momentum returning to this stock. For a transaction of this size the VC's and PE funds will have boots on the street doing due diligence . When they think the time is right the bid will go in.

I think sept is too late and I'm quite surprised it hasn't already happened tbh.. . although I'm an optimist and they clearly still see risk

I'm 100% pinning my 2023 YE valuation (1b +/- a few %) on a bid and/or asset sale . IMO It will come around the time of the interest rate turn or global sentiment change.

I shake my head whenever I read a doomsday account of the UK, industry is booming! All the capex jobs I've been on in the last year have never questioned a PO, regardless of cost the mantra is "just get it done!". (specialty chemicals and power gen)

Your top end was the true value in 2020 but with the extra borrowings and lockdown losses its nearer £1-£1.20

The share may get there quite soon if they offload some of the non core business and re brand to waga. It will get there in time. Possibly a lot sooner with the sale or IPO of Brunning & Price to raise capital for debt re repayments and reinstatement of divi.

RTN has good brands but too slow far to slow at decision making - They should have been all over a restructure as soon as they saw the upward trend of revenues.

The reason why is still hold this share has not changed since 2019,WAGA. The management hold a lot of shares and want more, they clearly see long term value, but as a small investor I want to see movement now!

Prediction: Market cap will around 1Bill by YE 2023

I've been waiting from Pre covid times for someone to realise the value of waga Its Hugely popular and vastly undervalued.

I wanted £2 but i'd take 0.50p today