Member Info for stt1

Ricky

"He exercises at a lowish price (does Stt believe 17p is a talked up price?) and pays less income tax (which he covers with share sales) - more importantly is how much CGT he pays on the 4million he holds at 17p"

Your claim the CEO sold at a lower price to pay less tax makes no sense.

It's more sensible to exercise options at a higher price, as you need to sell fewer shares for the same gain. You also retain a larger amount if you believe the sp is going to rise.

If anything, with the CEO exercising at 17p, suggests he doesn't believe the sp is going to rise soon.

Carrot

"According to some commentators CF "dumped" his shares at 28p, which made the SP plummet all the way UP to 31p before the Budget precipitated a CGT sell-off across the markets"

Read the rns', the chairman did dump majority of his holding last Feb. The placing rns said CF will sell 25%, yet the happily sold >50%, so dumped, majority of his holding. If he was so confident then why not stick to the original rns of selling some??

In July, the chairman then sold his entire remaining hold just 4 working days after the July TU. So soon after a supposedly positive TU???

If CF was so confident re what the company is saying then why sell his entire holding just 4 WORKING DAYS after a supposedly positive TU????

In both cases, the speed at which he sold, shows he dumped them asap.

Trout

"By exercising them at a lower level the tax will less"

It's the timing and company newsflow which preceded the exercise.

My comments/warnings have been consistent, the CEO's options awarded in Feb 2023, backdated a year and due to START Feb 2025.

The company has been talked up, so the CEO could start to exercise his options.

https://polaris.brighterir.com/public/hvivo/news/rns/story/x21q5mw/export

I think it's a red flag.

Jester,

"Clueless on tax clueless on finance clueless on life"

The company newsflow here has been as I predicted...

The company was talked up so they could sell. The options were awarded, backdated a year and start to exercise from Feb 2025. The company was talked up recently, as I said it would be.

You can throw abuse at the messenger. I only posted the company newsflow, facts, and my opinion on those facts.

Read the company newsflow.

Where's the rampers who were ramping these at 30p? Hallsworthy/Moniman/Gw etc

The newsflow here continues to show why I've been negative on this and HVO.

Read the company/sector newsflow.

The CEO exercising huge number of options is a red flag.

If he felt there was strong revenue growth rate, prospects were significant then he wouldn't have started to exercise the huge options as soon as he could.

Last Feb, the chairman sold majority of his shares and rampers said he hasn't sold all of his shares, he retains a significant number. The same is being said of the CEO.

How many PIs/IIs will see this as further evidence that the company was being talked up just so the execs could sell?

Read the company/sector newsflow

Dinodog

"If Mo sold them all, sure, it would raise doubts. He has sold an amount to clear fees and tax, as stated in the RNS"

It doesn't matter if he sold them all or not.

The fact is, as I predicted, he sold millions...

As per my red flags, the company was being talked up so they (CF and CEO) can sell.

The huge number of options awarded to 1 snr exec, CEO, is always a red flag. It gives them the incentive to talk the company up, which is exactly what happened.

If you read the results, you'll see similarities in the tone to when they dual listed in 2021. Then the shares went to 800p(Dual listing IPO) price, highs 870p($22) before crashing on the next quarter's results....

With US shares, they can move significantly either way, on the slightest miss/beat, as was shown before when they crashed from $20 to $4.

The other point is there's likely to be some AIM holders who still can't sell or trade.

FatherTed

"Till the board offer some clarity on the level of costs there is going to be nervousness from investors."

Newlands are loading up, shows confidence from them.

Read the company newsflow.

"The loss of 2 senior board members with no explanation isn't helping either."

What loss of 2 senior board members? WL, the CEO, resigned after 12 years at TLY. That is a very long time to be there.

I'm not aware of any other senior board member leaving since fy24 results were published or in fact the start of this fy25, 1st April 2024.

Can you name them ?

Carrot

"the health of the company hasn't changed since the sp was in the high 20s/30s, in fact i'd say it has got an awful lot stronger with recent contract wins"

Not really.

As I've mentioned, one of the red flags was the chairman dumped his entire holding at 28p/29p, the latest only last July, 4 working days after the TU. I believe the chairman knows more about the company than any BB/II. Do you?

As mentioned, the sitting chairman selling out at 28p/29p set the ceiling to the sp at his selling out price.

The other point I raised was revenue growth rate has slowed significantly, as can be seen by the company rns. At 30p, I think they were priced for revenue growth rate to continue to increase significantly, which it clearly hasn't done.

Hence why I said months ago I see these heading back towards 10p, which they clearly have.

Read the company/sector newsflow.

Only a week until results. There'll be some who are still unable to trade.

The sp has been falling ever since they solely listed on Nasdaq.

Currently c$8, c317p(UK eq price)

https://finance.yahoo.com/quote/NEXN/

Hallsworthy

"Cash only £1.4m and falling the last three periods in a row

And then the inconvenient truths:"

Were they inconvenient truths?

"Recent cancellation of £13m contract with NHS"

Can you prove where it was a cancellation or is it a lie?.

Evidence: The contract was due to end this month anyway.

It was a contract to run for 12 months awarded by NHS England.

"The contract, awarded to Vocare Limited ("Vocare"), part of Totally Urgent Care, will run for 12 months from 16 February 2024 "

https://ir.design-portfolio.co.uk/viewer/100/61227

"SINGLE CLIENT in the NHS."

As posted dozens of times, that is misleading statement. There are 4 UK NHS national bodies, NHS England, NHS Wales, NHS Scotland and NHS NI. There are dozens of local NHS bodies, who award the contracts. Look at any contract win/extension and it's awarded by local NHS bodies.

As well as UK, the company also has contracts in Republic of Ireland. HMP in UK. Plus their Company Wellbeing services to corporations.

Can you provide evidence that Republic of Ireland is part of the UK NHS? NO

I see your HVO & Polb, continue to crash, as I predicted they would. You got them completely wrong as well.

Nexn was already dual listed. Their largest market is already the US.

They are already known within the US investment community and ad tech ecosystem.

Why would moving solely to Nasdaq had made any difference?

The same was when they dual listed. The shares moved up on expectation and crashed on events.

There seems to be many UK holders who haven't had their shares in their accounts. This was a known issue. I have had similar problems when PIC was taken over by a US company and CEVA moved to Nasdaq.

It took weeks for the shares to be credited to my account.

The real concern is the results are due to be published next week and if there's a profit warning then there will be manyt looks like there will be many who won't be able to trade/sell, if the results are bad.

It was a very bad idea to have such a complex move just a couple of weeks before publishing results.

Jester

"The best investors are emotionally detached and rational. "

Good luck to you as well.

Absolutely, the best investors are emotionally detached from their holdings and rational. They review company/sector, political/economic newsflow without any attachment to their investments.

That's why I post company/sector newsflow and opinions, with a clear mind, based on facts and company/sector newsflow. I ignore BB posters.

The chairman dumped his entire holding last year at 28/29p. The last of which was dumped just 4 working days after the July TU.

As per my assertion, I believe the chairman knows more about the company than any BB or II. His dumping of his entire holding was a huge red flag.

So what's your honest, emotionally detached opinion, do you agree?

Jester

"Stt1 is even more angry and bitter today, if that was ever possible, as his beloved TLY is on the rocks."

Not at all, it's only one of my shares.

I have a rule, I review company whenever there's newsflow.

Given the current newsflow, if I think company:

worth buying, I'll add/topup.

worth selling, I'll sell/topslice

I thought HVO was a strong sell over a year ago, as the company was being talked up and the chairman dumped his holding.

revenue £62m, mcap £200m, so I said sell.

They're ex-growth, so unless the newsflow changes then no reason to buy

On TLY,

c45% hold them, c£27m contracts wins/extensions since GE, revenue expectation £85m, c£3.5m ebitda,

mcap only £9m,

so I've bought a lot more.

I wantthatone,

"I read this as she was sacked. "

If she was sacked then the chairman would not have thanked her and the CEO would not have been allowed to include her own comments. She clearly resigned. She was in the post for 12yrs, which is a very long time for any CEO.

"it provides services the NHS can’t without adding to fixed expenses, which comes with its own problems"

The govn obviously is aware and as happened at a rival, they increased the value of the contract.

They also use a lot of contracted staff, which are not fixed expenses.

Onsolidground

Differing views if what makes a market.

Good luck

Onsolid

"It's being strangely treated for sure."

It's not strangely treated. The company was expected to continue to grow strongly but that's not the case.

Previously, they were 'supposedly' growing strongly, revenue growth rate seemed great. I posted that the revenue growth rate had slowed significantly with evidence pointing to the company newsflow.

I think others are now beginning to see the same.

I think the chairman dumped his entire holding because he knew they had gone ex strong growth.

I think the chairman knows the company than any II/PI.

Hallsworthy

"I personally don't blame them, the situation here looks dire to me"

Can you backup your comments and explain why the situation is dire?

Or maybe those 5 who voted you up can?

;-)

Hallsworthy

"may be the start of a massive exodus of institutional holders "

Really?

It's some (could be just 1) discretionary client(s) of Cannacord who have sold.

You should read the rns properly, it'll save you making mistakes.

https://ir.design-portfolio.co.uk/viewer/100/74854

c45% held by IIs

You have the opposite view on HVO, where the chairman dumped his entire holding and other investors followed. Why's that?