Member Info for surprised

https://twitter.com/surprised_trade/status/1407260722359418880

other's see a recovery too ....Downing Strategic Micro-Cap Investment Trust just took 14%

https://www.lse.co.uk/rns/RFX/holdings-in-company-muf1tau2eynz7wf.html

https://twitter.com/surprised_trade/status/1406913970750033923

'preventing biological threats is a core mission of U.S. defense & national security agencies.' Biological weapons' existential risk, Investments in bio defense prevention been woefully inadequate', now is the time for nations to invest

https://www.armscontrol.org/act/2021-01/features/pandemic-shows-need-biological-readiness

indeed, AP $117

https://twitter.com/surprised_trade/status/1406866260667908106

confidence & a bigger stake 30,000 @ 350p (£105k)

Robin Totterman (CEO) purchased 30,165 ordinary shares at a price of 350 pence per Ordinary Share. Following the purchase, Robin Totterman and his connected persons have a beneficial interest in 19,861,213 Ordinary Shares, representing 19.6 per cent. of the Group's issued share capital.

Catherine Kay, the wife of Chris Kay (CFO), purchased 8,574 Ordinary Shares at a price of 350 pence per Ordinary Share. Following the purchase, Chris Kay and his connected persons have a beneficial interest in 2,200,000 Ordinary Shares, representing 2.17 per cent. of the Group's issued share capital.

substantially undervalued even ....

indeed, value gap increasing as AP at A$ 114p....ensuring TSL shares are sunstantially undervalued at current sp levels, I've added on the dips as a potential 30-40% upside to 'fair value' from 64p

IC notes.....''although the Covid-19 disruption to business this year has sent the share price well below the 165p entry point in my market-beating 2019 Bargain Share portfolio, I fully expect to recoup the paper losses in due course. Bargain basement buy.''
Cash rich balance sheet to fund rebuilding of pawnbroking book
Strong gold price supports precious metals buying and selling
Set to capture market share in foreign currency exchange from weaker rivals

The share price rallied t to a high of 260p by early January last year, before giving back all those gains, and more, in the 2020 stock market crash.

The fundamental long-term drivers of the business have not changed even if the profitability of certain business division have been impacted by national lockdowns in the short-term. This is exactly the type of recovery play Ben Graham would be looking for to create a decent ‘margin of safety’ as well as offering prospects of a sharp rebound in profits when life returns to ‘normal’. That’s because Ramsdens’s market capitalisation of £42.2m is only 19 per cent higher than NAV of £35.6m even though the group has a debt free balance sheet and holds cash of £15.6m. Current assets of £38m are almost four times current liabilities of £9.8m, highlighting a strong liquid ratio and an ability to pay its bills. In fact, current assets are more than double total liabilities of £16.8m.

The Group has had a successful start to 2021, with sales of $67m in the first quarter compared to FY Group revenue $47.4m 2021 (2019: $61.2m)

Acquisition of Norville on 13 July 2020 giving further vertical integration and access to the lens market

Acquisition of Eschenbach on 16 December 2020 giving a strong platform to the independent retail market in Europe and the USA
Increased manufacturing capacity to over 8.5m frames, up 70% (2019: 5.0m)
Seven new in-house brands added including BOTANIQ™, the Group's first fully sustainable eyewear range
A significant number of new global branded licences added to the brand portfolio
Awarded the international Green Product Award for fully recycled and recyclable O'Neill Wove frame
Launched B2B website with 63% of independent UK customers registered
Contributed to the national and global COVID effort providing special PPE eyewear for the NHS and other health providers around the globe
Awarded the Queen's Award for International Trade

'Our order books at the time of this report are higher than at the same time in 2020 on a like for like basis.'

https://twitter.com/surprised_trade/status/1405047792532393989

nice write up today in IC and a target of 100p

https://www.investorschronicle.co.uk/ideas/2021/06/15/tap-into-a-cash-generative-technology-growth-stock/?xnpe_tifc=bIBLxIE_bIzlb.xXx.L.bjpsafeWaeiWhFWDEkUdhC8NbMPchMxjnkPlajBsa9EvVup_tu4vaMXlb.YX4.bZbDP.4.z7OIYd&utm_source=exponea&utm_campaign=Investment%20Daily%20Email%2016%20June%202021&utm_medium=email

https://twitter.com/_CapitalLimited/status/1405036550832857092

Our Rig 55 has recently started a greenfield exploration drilling program in some of the remote areas of North Mara, Tanzania. Its quite a spectacular ‘office’ to work in every day. #CAPD

indeed, a raise for growth is fine, however, a dissapointing discount to sp.....hopefully they can pull a few more deals to build on the potential ...

yup, very decent results against a covid back drop, six new sites in London and south east in pipeline and nice cash position. A four week delay in opening up will pass quickly and foreign travel opening up shortly too will hugely boost figures. All set for growth, increased profitability and increasing business ...a lot to like :-)

with respect Mr Open , the sp has been far from the same price, volatility also provides opportunity.....the sp has been some 300 to 400 percent up from the lows and 100% up from current levels. As we all know there is often a disconnect between the daily sp and the actual business (as on any share) and CPX has now growning into a producer in the global market with the sp lagging behind. This weeks broker reports both suggest fair value 15p/16p+. These outlooks exclude any Maxwell/Tesla infringemnt, Ioxus money owed (US$4.9m) or any new business/contracts etc.

A pragmatic view with all the available info suggest on current knowns CPX is currently under valued with at least a 100% + upside to achieve just fair value, add in a few new contracts, production expansion, IP wins, etc and it would not be unreasonable to assume a price around 20p+ at some point.

Is the current sp an opportunity at what may be the new lows ? .......it may well be, hence I added a few more to my holding at just over 8p a few weeks ago :-)

https://twitter.com/surprised_trade/status/1403266626556940288

upside hiding in plain site ......Allenby, in addition to Cenkos upgrade, state 16.5p fair value (100% upside) excluding IP monies owed (US$4.9m). Order book up 127% & Maxwell/Tesla infringement not priced in......

''For most people buy now, pay later is a really useful addition to their payment options. One of the key reasons for its popularity is that it allows you to try things before you pay for them. If you don’t like something you can return it and cancel the agreement before any payment has been taken.

It allows you to spread the cost of larger purchases — at no charge — without the longer-term commitment of taking out a credit card, and it could be seen as responsible borrowing because you are not taking out any more credit than you need.

..buy now, pay later looks nothing like the payday loan sector, which charged very high interest rates and layered fees on top of fees when borrowers fell into difficulty.

... my guess is that it will soon become an accepted and valued tool that millions of consumers use each year. ''

https://www.thetimes.co.uk/article/we-should-all-calm-down-about-buy-now-pay-later-dhd7krz29

Afterpay climbing back up...$A 103 today

https://twitter.com/surprised_trade/status/1403052639215144962

Allenby in addition to Cenkos state 16.5p fair value (100% upside) excluding IP monies owed (US$4.9m). Order book up 127% & Maxwell/Tesla infringement not priced in.

:-)

yup indeed, growth continues, and on target for an earnings upgrade at some point and clearly a large value gap to the'fair value' target of 100p +....

https://twitter.com/surprised_trade/status/1400700408734138370

.another new contract... 2021 revenue is approximately $7.0 million so far

excellent news, growth and interest will only grow from here.......meanwhile the fleet is expanding on the drill below ..

https://twitter.com/_CapitalLimited/status/1400231524180500482

Encouraging news continues for client @FirefinchLtd
at Morila, new drilling results continuing to support its potential. We are expanding our fleet on site where we are engaged to deliver their ongoing delineation drilling program with a 3rd rig on its way