Member Info for stt1

Link was broken.

https://www.bbc.co.uk/news/uk-politics-68673216

New homes poor build quality.

"A Competition and Markets Authority (CMA) report, published last month, has raised concerns about the build quality of some new homes, and a petition has been set up calling for government accountability for substandard housing and infrastructure."

https://www.bbc.co.uk/news/uk-england-berkshire-68663984

We had onerus ground rent scandal

Fire safety/cladding.

Help to Buy.

CMA investigations.

Now 'fleeceholds'

Housing estate 'fleeceholds' the next great scandal, Tory peer warns

"A Conservative peer - and ex-adviser to Boris Johnson - has warned "fleeceholds" will be "the next great scandal" to hit the housing market.

The term is used to describe the plight of homeowners on new-build estates locked into private maintenance contracts for communal areas."

https://www.bbc.co.uk/news/uk-politics-68673216#:~:text=A%20Conservative%20peer%20%2D%20and%20ex,maintenance%20contracts%20for%20communal%20areas

The company is currently paying for 2 leases, the old and new facility.

Costs they could do without.

Read the facts.

1gw_ ramps on HVO, I warn about the red flags.

Byot, is just one of those shares, I've been warning on since they were 10p.

They crashed 60% on Thurs and are now 99% down from 10p.

Virtually every share 1gw_ has ramped have crashed.

Rthm down 80%, trmr down 80%, Byot down 99% and delisting, stu bust...

Is it a coincidence that posters on shares which 1gw_ ramps then go onto the TLY to deramp there?

Read my post from 21st March and 1st April.

https://www.lse.co.uk/profiles/stt1/

There you go, yet another one of 1gw_'s shares crashes.

Byot now delisting, down 99% from where 1gw_ and his mates was ramping.

Is it a coincidence posters who post on shares ramped by 1gw_, where I've raised questions and been proven right, also deramp here?

Why's that 1gw_?

From my post on this thread, 21st March 12.04:

"As you know, we have both posted on the same shares for many years. Trmr/Byot/HVO/RTHM.

What I find amusing is that the derampers who appear on here also post (invest) in shares you ramp. All those shares subsequently crashed based on the warnings I had posted.

Is that a coincidence?"

My post 21st March 13.25

There's nothing wrong with posters presenting opinions but the amusing thing is 1gw_ You do overplay the potential and underplay the risks on shares you ramp. Whereas, you overplay the risks and underplay the potential on shares you deramp.

For someone who portrays themselves as well researched, why do virtually all your shares crash and based on the warnings I post?

Byot down 95%, STU bust, Trmr down 80%, Rthm down 80%

Byot - down 95%:

Mine - posting of company/sector newsflow, warning of the risks. https://www.lse.co.uk/profiles/stt1/?page=78

https://www.lse.co.uk/profiles/stt1/?page=76

1gw_ - https://www.lse.co.uk/profiles/1gw_/?page=3

"Sttsbumbag" posts on Byot and TLY https://www.lse.co.uk/profiles/sttsbumbag/?page=2

This is why reader's shouldn't just read posts but do some research.

"Amryt Pharma floated with a market cap of €29m and was sold last year for $1.48bn (€1.38bn)."

There's a history of reverse takeovers, spinoffs etc, which cloud the fundamentals...

The article doesn't give a full picture of what's happened to the previous IPOs, like Fastnet oil and gas. Reverse takeovers/spin offs from one to another...

Fastnet oil and gas raised $50m since IPO in 2012. 3 years later, they were conserving cash and had only $15m left. In 2015, Amryt reversed into Fastnet.

As of the latest AR and despite the IPO 2 years ago, Polb has zero revenues. Polb was spun off from HVO.

HVO being talked up with the Chairman/Founder dumping majority of his holding. Looks like HVO was talked up so that the chairman/founder could raise money for his next venture as well as gain instant PI following...

The fact he dumped the majority of his holding recently and before the fy results is a concern. Why wouldn't he do the same again?

Fastnet Oil & Gas plc was an independent oil and gas exploration company focused on identifying early-stage exploration and appraisal opportunities in offshore Ireland and Africa.

"Fastnet successfully developed a portfolio of high impact conventional oil and gas projects utilising the experience of the directors and advisory board. Having successfully raised c. $50m, Fastnet became one of the most active small cap oil and gas companies, bringing in Big Oil companies who entirely funded Fastnet’s offshore Moroccan well. Fastnet also discovered one of the larger onshore gas resources in Morocco, and did extensive work in the Celtic Sea basin.

In 2015 the Board of Directors, including its Chairman Cathal Friel decided to shift Fastnet from an oil and gas company to a life sciences company. This decision flowed from the worldwide decline in oil and gas prices (from c. $120 a barrel to c. $30 a barrel) and the associated adverse sentiment towards small cap oil and gas concerns at the time.

The Company immediately conserved its cash, reducing overhead by 95%, thus creating a substantial cash shell with c. £15m in cash."

https://www.raglancapital.ie/fastnet-oil-and-gas

This were several media tips since Dec.

The Chairman/Founder knows more about the company than any media tips.

Yet, the Chairman/Founder dumped majority of his holding soon after it was tipped and before the forthcoming fy results. He dumped majority of his holding in a DISCOUNTED secondary placing.

The CEO was awarded huge >7m options a year ago and are excercisable from less than a year's time. Of course he would talk it up.

This is being talked up just before CEO can exercise his >7m options.

Those are red flags.

Ricky,

"Stt is constantly talking Hvivo down saying questionable business model, no Institutional investors, low growth etc etc"

That's because I see a questionable business model.

Can you provide evidence where I've said NO IIs to prove you're not making things up or misquoting me?

I've deep concerns about their business model. It's a questionable business model.

I had concerns about other company's business models, CEO options etc. Those company shares went onto crash.

Readers, don't take my word for it. The evidence is in my 2 posts on TLY dated 21st March around 12pm and 1pm.

https://www.lse.co.uk/profiles/stt1/

The options were back dated a year. Look at the company newsflow since the CEO joined in 2022 and then compare that to the repeated media tips over the past 6 months.

There have been several media tips, presentations since around Christmas. The CEO's options are exercisable from around a year. I don't think that's a coincidence.

There's no evidence of significant buying/holding by institutionS. CEO's options are exercisable within a year. Over the past few months, some IIs have bought a few. 1 now holds > 5%.

The shares are being talked up and CEO's options due within a year. I don't see that as a coincidence.

The Chairman/Founder dumped majority of his holding last month. This was after the shares were talked up in media and presentations.

The Chairman dumping majority of his holding so soon after they were being talked up is a red flag imo.

From company rns

"The LTIP has been designed to reward, incentivise and retainMr Khan to deliver sustainable growth for shareholders. The deemed date of award is 24 February 2022, which is the date Mr Khan was appointed CEO. Under the LTIP,Mr Khan has been awarded 7,227,273 nominal cost long term incentive options ("LTIP Options " ) over ordinary shares of £0.001 each in the Company.

Vesting of the LTIP Options is conditional upon a three-year total shareholder return ("TSR") performance against an initial 11p reference price. A portion of the LTIP Options will vest on the third anniversary of the date of award subject to the achievement of a minimum 10% CAGR TSR performance increasing on a straight-line basis to vesting in full subject to the achievement of a 22.5% CAGR TSR performance. The award of the LTIP Options is also subject to continued employment, malus and clawback provisions and will vest in full on a takeover of the Company."

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

Ricky,

"STT Mo Khan’s LTIP is for the period ended Feb 25 "

That's what I've been saying. More posters are realising what I've been saying and repeating the same.

The CEO was awarded huge 7m options a year ago, exercisable from a year's time.

There's no evidence of significant buying/holding by IIs 2021, 2022, 2023 then over the past few months and just months before CEO's options are exercisable, some have bought tiny amounts. 1 has bought > 5%.

With several media tips, presentations etc, the shares are being talked up since the options are due to become exercisable from less than a year's time.

TLY is an illiquid share, small trades can move it in either direction.

Every company has risk/reward.

There's nothing wrong with posters presenting opinions but the amusing thing is 1gw_ You do overplay the potential and underplay the risks on shares you ramp. Whereas, you overplay the risks and underplay the potential on shares you deramp.

For someone who portrays themselves as well researched, why do virtually all your shares crash and based on the warnings I post?

Byot down 95%, STU bust, Trmr down 80%, Rthm down 80%

Byot - down 95%:

Mine - posting of company/sector newsflow, warning of the risks. https://www.lse.co.uk/profiles/stt1/?page=78

https://www.lse.co.uk/profiles/stt1/?page=76

1gw_ - https://www.lse.co.uk/profiles/1gw_/?page=3

"Sttsbumbag" posts on Byot and TLY https://www.lse.co.uk/profiles/sttsbumbag/?page=2

Trmr down from around 850p to 200p(now called nexn):

Mine - facts, company newsflow https://www.lse.co.uk/profiles/stt1/?page=72

Radium - posts on trmr. tly and refers to 1gw a lot https://www.lse.co.uk/profiles/radium1/?page=7

TAP - down 80% (now part of nexn)

https://www.lse.co.uk/profiles/stt1/?page=114

etc

You have to understand the company/sector, as well as economic, political newsflow. Just picking out comments from rns or TU doesn't always tell you what is happening.

1gw_

(another HVO poster!)

As you are aware, the BoD have explained many times the reasons for the liabilities/assets. In fact, you have been mentioning it (on advfn) for many years (just search for "Horrific" on advfn).

The fact you don't understand how the NHS model (or indeed other suppliers to Govn bodies work) doesn't mean it's a problem for TLY.

Companies win and lose contracts all the time. You mention the NW London contract, yet they have won other contracts within the same division(which you fail to mention!), since the NW London contract came to an end.

Dec 2022 (just before the NW London contract ended)

SE London c£66m contract

https://ir.design-portfolio.co.uk/viewer/100/55210

1st March 2023

National contract c£10m

May 2023 c£12m

https://ir.design-portfolio.co.uk/viewer/100/57538

Mcap £10m

The fact is they expanded their business model to include Elective Care (EC) in 2019. This is a higher margin business and in significant demand. Waiting lists are high and govn needs to bring them down.

It is good business practice for companies to want to end unfavourable contracts and go for better contracts.

As you know, we have both posted on the same shares for many years. Trmr/Byot/HVO/RTHM.

What I find amusing is that the derampers who appear on here also post (invest) in shares you ramp. All those shares subsequently crashed based on the warnings I had posted.

Is that a coincidence?

They comment on 2025 "could" be a boom year.

It could be but that's next year. It'll be 2 years of subdued housing market activity, which is why I thinkpaying dividends whilst demand is subdued is a bad policy.

Dustofnations

"While high % growth can be sustained in the early part of a company's growth phase, as a matter of basic mathematics it's absurd to expect continuous high rates of exponential growth"

That is exactly the point I've been making.

I've stated "growth has slowed significantly".

The suggestion has been that the company is growing fast, booming etc whereas the figures, revenues and order book, don't back it up.

These are their own figures:

H1 2022

Order: £70m

fy 2022

rev £50.7m

Order £76m

H1 2023

Order: £78m

fy 2023

rev: £56m

Order: £80m

fy 2024

Expected Rev £62m

"Of course, this transition to "undramatic, consistent delivery" is much less interesting for traders and speculators"

That's why I think, since December, there's been lots of media hype. To talk the company up.

Hence why I believe the Chairman/Founder dumped majority of his holding. He has the figures and can see the company's strong growth rate has slowed significantly.

Hence why I believe the CEO was awarded > 7m options, so the company is being talked up so they can sell.

Hallsworthy,

You are misquoting me again.

Please read my post of 23.46 and stop misquoting me.

My post clearly states "TU" and not results.

"Last year the interims TU, which mentioned "cash as at 30th June" was in July and not Sept!!"

https://www.lse.co.uk/profiles/stt1/

Hallsworthy,

"Interesting you say the interims are in June and not September."

Where do I say interims are in June?

My previous post says "period ending June 30th 2024" in reply to your post which says " cash will be higher than 37m in the September interims," .

Last year the interims TU, which mentioned "cash as at 30th June" was in July and not Sept!!

https://polaris.brighterir.com/public/hvivo/news/rns/story/rno86jw/export

Crest Holdings reported their TU this morning.

HBs have been paying dividends, resulting in cash dwindling, whilst demand is subdued. I don't see that as a good policy.

If there's huge demand in the UK for property then why are HBs building less?

Reservations still low.

From Crest TU:

"Build activity in the sector continued to operate at a lower level"

Pre 2019 completed sites

Since the publication of the FY23 results, the Group has become aware of certain build defects predominantly on four sites that were completed prior to 2019 when the Group closed its Regeneration and London divisions. These sites will require remediation over the next three years at an estimated cost of up to £15m. As a result, the Board has decided to appoint third party consultants to provide greater assurance on the adequacy of current provisions around these and other sites completed prior to 2019. A further update will be provided at the Group's interim results in June.

Outlook

The Group continues to focus on optimising value and expects FY24 completions to be in the range of 1,800 to 2,000 homes, with completions weighted approximately 35/65% in favour of the second half of the year, reflecting the opening order book and the low level of reservations in the first two months of the financial year."

Hallsworthy

"Yes, cash will be higher than 37m in the September interims, when adding in anything paid out as a dividend in between or anything spent on acquisitions"

I differ. Let's see.

The interims are H1 2024, period ending 30th June 2024 not Sept.

Hallsworthy,

"But they didn't buy in tiny amounts, did they? They bought all of the founders shares and JP Morgan have bought more since too."

You miss the point. The institutions were not buying in 2021, 2022, 2023.

There were several media tips since Dec, so the shares were being talked up.

The Chairman then dumped majority of his holding in Feb

https://polaris.brighterir.com/public/hvivo/news/rns_widget/story/xe1g9jw

Despite their intention being to only sell 25%.

https://www.share-talk.com/hvivo-plc-aimhvo-proposed-secondary-placing-of-ordinary-shares/

Provide the evidence where there has been significant(>3%) buying/holding by institutionS prior to them being talked up since Dec?

I don't think it's a coincidence the CEO's 7m options are exercisable in a year and the shares being talked up this year.