Member Info for Stuartrm

I have just contacted them. I will report any significant reply. If they are asked enough, the hassle may cause a rethink.

I am not sure that the chart tells us very much. It could mean the price has bottomed and there will be a swift rise in price. The short term chart suggests that. It could mean that the price will spike in the short term and there will then be a further collapse and period of decline. The longer term chart suggests this. I hate to sound like a cracked record but a number of meaningful sales is the only thing that will drive this share up and reduce the current lack of trust of the company's management - unless the management changes and sentiment improves that way, of course.

Https://www.investorschronicle.co.uk/ideas/2023/10/25/lower-metal-prices-hit-this-miner-but-shares-are-lowly-rated/?xnpe_tifc=bDBu4fU_bfh_4.x8x.HlhypsafeWaeiWhFWDEyULV9ncafiZEksAajPsnkiJEkpvad3cbdiArF_lbIzjbDzDxDUN4dx7huxT&utm_source=exponea&utm_campaign=IC%20-%20Investment%20Daily%20-%20Newsletter%20-%2025.09.23&utm_medium=email&promo_code=O1BDAILY

This contract is clearly good news, but it is for R&D for new items and not for sales of what they have already developed. We need some substantial sales of the things that are in production to get this share moving in a positive direction. All in my humble opinion, of course.

My guess is that the drop today is related to the US banning certain chip sales to China and others, and the anticipation of retaliatory action by the Chinese in particular.

The future may not be so bright for the lenders if they get their interest payments in shares, to say nothing about their original investment. I hope the gloom and doom is over stated but until a series of significant and profitable sales contracts is announced, one can see why so many are sceptical- to put it mildly.

Unfortunately there is no mention of the value of the contract. As such, it is difficult to judge what it means.

Https://www.smithsdetection.com/press-releases/sdi-agreement-with-kromek/

It seems as if Kromek supplies radiation sensors to Smiths rather than chemical detectors.

Https://jpjenkins.com/company/pelatro/

The indicative price is currently 1.21p.

Some information re trading via J P Jenkins can be found here:

https://www.pelatro.com/wp-content/uploads/2023/09/Matched-Bargain-Facility-Details.pdf

Thanks Malafuster. I must admit I missed it when scrolling down the RNSs. I probably should not post at 02:44 local time when I can’t sleep.

Personally, I like the following explanation for the difference between a pessimist and an optimist.

The pessimist says, "It can't possibly get any worse than this."

The optimist says, "Of course it can!"

On 31 March 2023, the following RNS was issued.

“RNS Number : 8389U

Jarvis Securities plc

31 March 2023

31 March 2023

Jarvis Securities plc

("Jarvis" or "the Company")

Company Update

The Board of Jarvis provides an update on the Skilled Person review as announced in its update on 16 September 2022.

The Skilled Person continues with its review of the systems and controls of the Company's subsidiary, Jarvis Investment Management Limited, and its associated recommendation work, pursuant to s166 Financial Services and Markets Act 200 ("FSMA") ("Skilled Person"). The Skilled Person is currently conducting the review and testing, as part of the second stage of its work originally agreed with the FCA.

The voluntarily agreed restrictions, as set out in the previous update, remain in place. JIML will continue to work with the Skilled Person and FCA with the aim of having the restrictions lifted on its impacted Model B clients as soon as possible.

The Board will provide a further update in due course and within the next three months.”

We are now approaching six months. Surely we should receive something from the BoD.

Steph. I am not sure why you say interest rates will be coming down next year with a likely new norm of below 3%. The current noises from bankers are that current rates may increase by a further 0.25% or so before they stabilise for a significant period of time. Any fall in 2024 is likely, therefore, to be modest. I accept that these forecasts are based on current expectations of no significant change in Ukraine and no additional flare ups elsewhere, such as over Taiwan, but these things can change both dramatically and quickly. Indeed, with the current geopolitical instability around the world and a number of elections looming that look likely to increase, rather than reduce, risk it is not obvious to me why we might expect significantly more benign interest rates, or a more benign economic outlook in general, in the short term. I hope that I am being unduly pessimistic but I doubt it.

So you think it is a done deal?

Who would take up such an issue so soon after the last one? We need some reliable sales and financial data before any issue would have a hope of succeeding.

They appear to be about 30km apart, if I have got the right place.

https://www.google.com/maps/dir/McDermitt+Mine,+Nevada,+USA/Thacker+Pass,+Nevada,+USA/@41.767597,-118.2199574,10z/data=!3m1!4b1!4m13!4m12!1m5!1m1!1s0x54b49221ba19a07b:0xcc8bd7813f668b6d!2m2!1d-117.8123665!2d41.91878!1m5!1m1!1s0x54b4de728714d627:0x87a76d8380de6e14!2m2!1d-118.0729281!2d41.6998969?entry=ttu

Following on from the views of Hawker and unhooked, the swings are on small volumes too. The largest trades at the time of writing are for 5000 shares. Real hold onto your seat territory.

Is the adoption of the Kromek detector in that machine good news? Technically, yes. The big unknowns include, as is often the case, how many of the machines will be sold, the break-even point for Kromek from those sales, when will that break-even point be reached and the projected profit per machine after the break-even is reached. Unless and until the "good news" has a significant dollop of good old Lsd attached to it, Kromek's past financial history will continue to temper any enthusiasm for such announcements. Small sales, small profits (or even worse a loss) are no use, no matter how wonderful the breakthrough is from a technological point of view. Provide some realistic numbers, please, Kromek.

Apart from the usual market malaise and a lack of anything positive, does anyone have an idea why we have had such a steep decline recently?