Member Info for StuoftheToon

We have immediate funding in place and a portfolio of products that are very much sought after. We are rubbing shoulders with some big hitters (ARMS etc) who I think could easily facilitate a loan, merger, takeover, licencing - basically any scenario you can think of. These products will not be allowed to fail for lack of funding my concern is can TRX grow quickly enough
to keep everything in-house and retain the highest possible margins. TRX have some very good cards to play but just have to be careful how they play them. For me, the demand for our products will necessitate outsourcing or licencing to buy some 'growth time', the danger being a pharmaceutical predator picking us off early. TRX need to decide how big do they want to be!

There will be a pub in Rotherham with a market update pinned up next to the dartboard. That for me is XSG's approach at communicating with Shareholders. Lets have the licencing details we were promised and updates on new business from India and Bangladesh or have you not unpacked your duty free yet?

Nothing like putting yourself in the shop window - but don't even think about anything less than 8p a share. So,so many positives, most of which we know about, but a follow up RNS confirming the funding would be perfect

I received a reply to my email from Caitlin at TRX. I wasn't expecting any disclosures but it was a positive update about the cyber attack, all of which was detailed in the RNS. RNS first then catch up with the emails - I can live with that!

Great resolution to the cyber incident - congratulations on a job well done. Now a finance update would keep this momentum going - come on TRX, you know you want to!

Excellent and welcome news!

Understood Woody - I'm not expecting war a peace from them but an acknowledgement and some detail is not too much to ask from a courteous email sent to the person who deals with Shareholder enquiries. Matter of principle now Woody!

Re-sent my email this morning to Caitlin Pearson asking for an acknowledgement and answers to my original communication sent on 30/01/20. Thank you to Woody for the update from his 'phone call. I am sure at this moment in time the staff have other things on their minds but as per smokinjoe's last post, everything is out of date - no excuse for that really. Here for the long term, apprehensive rather than concerned, still a strong buy for me though.

Very positive first post Iglu, saying all the things an investor wants to hear. Which HQ have you visited as the one in Leeds is nothing to write home about!

Worth reading posts on the TRX site (another Woodford share) regarding Woodford Fund. Makes very good sense and may apply here. Not ramping TRX, I am invested here also. Worth a read.

I think you are spot on Parkez and that is what I am running with, but until an RNS confirms it then some will still be sceptical.

Some of this is of course speculation, albeit very well reasoned speculation and I am very appreciative of those posters who have helped me make some sense of this situation. I wonder if other people have arrived at similar conclusions, and if so, will they take a position on Monday. A raft of RNS's are what will move the share price but Monday morning could be interesting. Oh, and happy birthday for Monday Woodie.

Thank you for posting Parkez - a good take on things.

Let me know how you get on Woodstock. I only live a few miles from their Leeds and York offices so I can knock on their door. Last thing they want on a Monday morning is a conversation with a gobby Geordie. Would much rather leave them alone to get on with things though but a polite email or phone call is not unreasonable.

Good call B2HS2L - gives more clarity than my confused ramblings.

I emailed Head of Communications on Wednesday - still not had an answer or even an acknowledgement. I agree about a fund holding good stock and longer term should get an excellent return, but the kicker might be that there is another deadline to sell. Interesting times Woodstock!

OK so how does this pan out?
LF ASI Income Focus (GB00BD9X6L36), which used to be run by Neil Woodford, is set to start trading again on 13 February ending a suspension that lasted nearly four months.
Link Fund Solutions decided to suspend trading on 15 October 2019 after Woodford resigned as manager of this fund and Woodford Patient Capital Trust, which is now called Schroder UK Public Private Trust (SUPP). At the time, Link warned that heavy outflows from LF ASI Income Focus, which used to be called LF Woodford Income Focus, might result in it having to sell holdings fast for unfavourable prices “prejudicing the interests of both remaining and redeeming investors."
Today ( 31st January) Link said that the fund's investment allocation has been repositioned meaning that trading can resume on 13 February.
Investors are due to receive an update on the fund's investment approach, its new portfolio, recent performance and costs of repositioning before 13 February.
So if TRX are in this fund, a large percentage may remain unsold, as I understand, pending a sale at a more favourable price. Thus the portfolio will operate as a viable fund and trade as per the Woodford Fund. So with no strict timeline to dispose of these shares, then the dumping of shares into the marketplace effectively disappears, or have they merely deferred the selling with a different deadline.
Both scenarios will impact on the share price.
Have I got this right and how do people see this going?
Sorry – bit confused here.

https://twitter.com/XerosTech/status/1223231459923808257?s=20

https://t.co/01scG1fKYp?amp=1
23 minutes in.

Not a great fan of the Twitter Pump Brigade but a few out there are bigging us up this morning. Hoped for an update re. cyber attack by now but I am assuming they are just getting on with things and will update us in due course (I hate that term - due course - so open ended, much prefer a definitive timeframe).