Member Info for swizz

Excellent news from one of the Investee companies, Parker Kittiwake are a sizeable player in this sector,.....GL S "Parker Kittiwake co-operates with Pyreos to apply sensor technology to oil condition monitoring" "Parker Kittiwake, a Business Unit of the Parker Hannifin Corporation, and Pyreos, the Edinburgh-based infra-red sensor developer that is the only supplier of thin film pyroelectric sensors worldwide, revealed today a development programme that combines Parker Kittiwake’s unparalleled oil market knowledge and oil analysis expertise with Pyreos’ unique infra-red sensors and algorithm skills." "The two companies have signed a strategic purchasing agreement, with Pyreos providing bespoke sensors and optics support for trials and Parker Kittiwake continuing to work on product development." "Pyreos’ core technology was developed initially by Siemens and spun out into an independent company in 2007. Since then, Pyreos has reinforced the intellectual property portfolio, which now comprises 148 patents." "Pyreos’ core pyroelectric sensing technology is used in several different sensors, which can be applied to a range of oil products. The core technology is small, robust, and works in the “fingerprint” infra-red region, which allows very precise identification of oils, additives, and impurities. " "Pyreos’ line arrays are unique in combining an array of thin film pyroelectric sensors with a wavelength dispersive element in the same package, resulting in a compact spectral analysis device and a lower system cost. They are also easy to customise for customer products because of Pyreos’ thin film microelectromechanical system (MEMS) production technology. " "Pyreos has also developed patented end-user products for the oil markets, which apply the company’s expertise in sensing, software and hardware to everyday oil testing requirements. Parker Kittiwake is now working with this portfolio of sensors and end-user products to select the most appropriate for its markets." Gavin Friend, Business Unit Manager, said, “We have been delighted with Pyreos’ focussed approach to support and its application of technical expertise allowing us to develop solutions to our industry’s problems. We look forward to an extensive partnership.” Andrew Wallace, CEO of Pyreos, said, “The Parker team has strong expertise in oil analysis and the products which support oil users. We have been delighted to work with them on this first Parker application of our sensors and we are looking forward to a long and extensive supply relationship.” http://www.pyreos.co.uk/news-events/parker-kittiwake-co-operates-pyreos-apply-sensor-technology-oil-condition-monitoring

Would appear to be imminent, based on the latest Q&A update.......GL S http://british-business-bank.co.uk/wp-content/uploads/2016/08/NPIF-QA-v2-23-Aug-2016.pdf Btw - It is also worth noting the scope and value.... http://ted.europa.eu/udl?uri=TED:NOTICE:156341-2016:TEXT:EN:HTML&tabId=1

Gm, I am really struggling to find a flaw in the investment case of Braveheart, TB has been very astute with his turn around plan, no wonder he has the backing of Adam Norris and DC Thomson, with the amount of equity those guys hold and the inside track they have, it is a lion waiting to roar, I am impressed that they have pretty much wrote the assets down to nothing and now have the circa £2.5m of retained losses to offset, IMHO watch the asset realisation unwind and the cash flow in and divi's follow, plus with the Peterhouse links, 2017 IPO's will be on the agenda and a prime target for that plan would be Pyreos, amongst many others, we also have a highly rated fund management team at Viking generating decent revenue in the background and in all probability I can see them taking an active part in the circa £400m Northern Powerhouse Fund, at some stage in the Autumn/Winter and then to cap it all of, we have an evolving investment strategy, which no longer has any of the waste or complacency associated with the previous management, ....all bodes well and certainly patience is the MO with BRH,.....GL S

Cheers MRS.....GL S

“So, what I want to do with Braveheart, as well as growing the fund management operation, is on the [direct] investment side take strategic and significant stakes in companies rather than portfolio dabbling.” The cash it has freed up has provided plenty of scope to do further similar deals. And when these companies are taken out there is the potential they will be acquired on a significant premium to the value currently ascribed by Braveheart. Brown, also an executive a director at Peterhouse Corporate Finance, admits to being “ultra, ultra conservative” with the current assessment of the worth of its investee companies. It is why the net asset value (NAV) per share has come down to 6.3p from 12.52p under his stewardship. Even after the cut the stock still trades at a discount to NAV. The emphasis this year is to ensure “positive earnings are achieved”. Braveheart should be aided by the tough decisions taken in the past year, with £570,000 extracted from the cost base. It has also exited the SEEDRS crowdfunding platform and sold to management WhiteRock Capital Partners, manager of a growth loan fund in Northern Ireland. Braveheart’s investor base is an interesting one. Brown owns just under 29% himself, making him the largest shareholder. Just behind him on 19% is multi-millionaire former Hargreaves Lansdown director, Adam Norris, while Beano publisher DC Thomson also has a stake. Brown describes the two as ‘very supportive’. They probably also recognise changes the tough decisions taken by the accidental CEO will have a long-term positive impact on Braveheart. “The jewels in the crown weren’t immediately apparent in the business,” says Brown. “I needed to take out the pruning shears, but now I think you can now see them and the potential of this company.” http://www.proactiveinvestors.co.uk/companies/news/128512/braveheart-s-potential-more-visible-after-pruning-128512.html

I could not have put it better,......GL S Braveheart's potential more visible after pruning Trevor Brown calls himself the ‘accidental chief executive’, having first been a major investor in Braveheart Investment Group, before taking on the mantle of boss. Braveheart is very conservative with its valuations Trevor Brown calls himself the ‘accidental chief executive’, having first been a major investor in Braveheart Investment Group (LON:BRH), before taking on the mantle of boss. The recent prelims, charting his past year in the job, reveal he has acted with purpose turning the AIM-listed minnow around. He has cut costs, jettisoned non-core holdings, closed Braveheart’s private client business and has taken a far more cautious and circumspect approach to valuing the stakes in the university spin-out companies the company owns. Have these factors been recognised by the market? Of course they haven’t, such is the propensity to overlook the obvious on AIM. To be fair, shares Braveheart (which owns a specialist fund manager and a mini-private equity fund) are so tightly held that trading volumes have been a little thin of late, meaning the price has drifted. However, he was upbeat on the prospects for the business now the difficult decisions have been made. “I think we are moving in the right direction,” he says when we speak. The Viking fund management business, which has £77mln under its control and oversees the £48mln Yorkshire Equity Fund, remains ‘comfortably profitable’, said Brown. Management will look at ways to grow the operation. A £400mln Northern Powerhouse Investment Fund is being planned by the British Business Bank, as a successor to the JEREMIE funds for Teesside, Yorkshire and Humber and the North West. It is expected to be launched in the autumn with Viking bidding to win a place on the framework for fund management services. Turning to the direct investments, with £1.3mln in cash on its balance sheet Braveheart can be a little more aggressive with its investment strategy. That does not, in the words of 1960s pools winner Viv Nicholson, mean ‘spend, spend, spend’. It is a case of taking larger, strategic stakes in some of the 18 innovative companies it holds shares in. The scientific instruments company Paraytec is a case in point. Previous investments have been what would best be described as seed money but the recent additional investment of £150,000 has enabled Braveheart to take a 33% holding in the restructured company. “In the past we have been portfolio investors. Yet some of these companies are world beaters and this is where we think we can add value,” said Brown.

An impressive line up.......GL S http://www.paraytec.com http://www.kirkstall.org https://www.reprocell.com www.appshare.co.uk www.atlasgenetics.com www.bloxx.com http://www.cascade-technologies.com/ http://www.claphamhousegroup.com/ http://www.conjunct.co.uk/ http://www.conviviallondonpubs.com/ http://www.designledproducts.com/ http://www.di3d.com/ http://www.ectopharma.com/ http://www.elonics.com/ http://www.micro-stencil.com/ http://www.mled-ltd.com/ http://www.nitechsolutions.co.uk/ http://www.optos.com/ http://www.pufferfishdisplays.co.uk/ http://www.pyreos.co.uk/ http://www.tayflow.com/ http://www.capitalpubcompany.com/ http://www.traak.com/ http://www.sercel.com/ http://www.wolfsonmicro.com/

Good to see that Paraytec are starting to see the benefits of their recent collaboration with Malvern Instruments and in particular the launch of the Viscosizer TD, which is currently underway with a worldwide promotional and marketing campaign, There is currently extensive activity underway in USA, China, India, Canada, Australia, Europe, Mexico, Japan, etc. It would appear to be capturing the Bio and Pharma sector by storm and the industry cross over in relation to the innovation is vey impressive IMHO, It would appear to have been a shrewd move by TB and the BOD of BRH to increase their position in Paraytec,........GL S http://www.labonline.com.au/content/lab-equipment/hot-product/malvern-viscosizer-td-biomolecule-measurement-905307942 https://issuu.com/indianexpressgroup/docs/ep-20160731pages/54 http://www.malvern.com/en/products/product-range/viscosizer-td/#

Indeed js, £50k is a decent chunk of SPL......GL S

Good to see the AGM is in London this time around and hopefully they have a meaningful update to share, along with a few meetings lined up to get the PR machine working, if they still have a main market listing on the agenda, they need to step up the investor comm's a hundred fold,.......GL S

Late print at 24p, a few more of those and 20p will hopefully be a distant memory in the weeks ahead,.....GL S

Now looking very likely and a BOD with zero credibility are going to struggle to turn this around IMHO, ......GL S

More to follows and many thanks to GM on ADVFN,.....GL S guernseymoney 28 Jul'16 - 12:57 - 8126 of 8130 2 0 "Just got back from the AGM, am sorry but won't be able to write up any proper comprehensive notes until later this eve." "In sum, made me realise that, as much as I like them, how far detached and "bubble-like" these forums can be." "I was bullish about SPL going into the AGM and remain bullish having left it." "Pavan fielded most of the questions, Jay Mehta had dialled in and answered operational questions. Messrs. Jones and Sutcliffe gave quiet approval/acknowledgement to what Pavan was saying and joined in when appropriate." "Despite what some people have said about Pavan, he was quite eloquent, had good detail and positive, but I did have the sense he was clearly telling me what I wanted to hear in parts. That said, I did sense his sheer enthusiasm for the project and he had no doubt it would be completed and operating." "The Board were courteous and friendly and receptive. They were joined by a gentleman from Arden and another gentleman (didn't get his details)." "Re the ship repair facility, as per the RNS, they said it would be something to consider only once the port was operational." "Re additional financing, they've not ruled anything out (i.e. debt/equity, JV) and are still looking, but any equity raise would be offered to all shareholders, not just II. Again, it was still too early. Besides, they still had some cash." "Re fixed overruns, yes there are some because of initial delays, but nothing drastic I believe." "Re "optimum" - Pavan said there were various permutations that they were looking at, but it was clear that if they had gone through all the effort in building the port, getting environmental clearance, etc, then it was in shareholders interests to maximise it." "Everything else we discussed wasn't new, just clarifications, which were helpful and given me a renewed sense of enthusiasm for the company." "Re the share price, it's disappointing to see it sell-off so much, but it simply doesn't reflect the company's intrinsic value." "Again, will write up more detailed notes asap, got to crack on with my day job work...."

Js, agreed, clarity on the ship repair plan is good to note, clarity on the optimum fit out and associated funding is also needed, otherwise this will anchor the SP for the foreseeable, fwiw, I have added a few more today,...GL S

KK, The 50k also catches the eye,......GL S

Bonkers IMHO, Tempted to add, but it would appear sub 20p is now on the cards,......GL S

Even the monsoon rains are falling well below expectations, hopefully with the lower temps and lighter falls work on the ground is staying on track,.....GL S http://www.skymetweather.com/content/weather-news-and-analysis/heavy-mumbai-rains-return-more-in-offing/

Based on a quick calc, yesterday and today's buy/sell ratio is now at parity, yet we are down circa 8%, the background selle still at work?, perhaps British Steel are refreshing their portfolio?....GL S Btw - What chances of the new non execs being revealed at the AGM?

And someone paying over for 10k,....friendly MM's.....GL S

Up to circa 15%......GL S