Member Info for Takayama

Always interesting to understand who is behind that 8.3. This latest one is Church House Investments, a boutique wealth management business based in Mayfair: "Our skilled Investment Team design and manage portfolios, that over time, aim to deliver the performance clients expect, without the shocks they fear.". Seeing them invest here today suggests that these uber-professionals, who have the most difficult of all clients, agree that there is far more upside to be achieved. I'm DEFINITELY holding! Roll on to 10p!

Pat - you've probably answered your own question, but the fact remains, regardless of what other posters ramp or deramp about, you can look at the Director deals tab above and see what the Directors paid for shares in the company. 11.25 to 28p. Their holding is above 10% collectively. They know the market for SABER, much better than anyone on this board. So the price at the moment is ludicrously low for what the company represents.

It was interesting to see when the big buyer bought in yesterday - last thing (literally around 4.25pm). Examine the stream of 8.3s and you'll see a list of well informed people who have staked a decent amount of money here (above £20k, usually around 40k). They won't be selling at this low price. They're holding out for that offer of purchase, and I bet they have some idea about what the deal will be - certainly higher than the current price. So I agree with tomus. We'll see a further rise next week and it'll get closer to what many consider the reasonable valuation of 10p per share. Remember, the funding crisis is over, and that is what the low SP was reflecting. There'll be some inevitable retail profit taking along the way, but the trend is massively up, back where the SP ought to be.

Pollster - Good luck. I'm in for the final deal rather than day trading. It's all about risk appetite and how much you can grind your teeth. It's hard waiting for that final RNS announcing the final sale price, but then that's also potentially when you kick yourself for jumping out too early. I've done the latter in the past!

I think it's impossible to say. It could be tomorrow. It could be in a month's time. My risk calculation is about whether there'll be an announcement at all - and I'm 95% certain there'll be a sale at a hefty premium. Given how many well informed people have taken such large stakes here, (check out all the form 8.3s since the announcement), one factor is 'following the herd' - but in this case, these guys are likely to be much, much better informed that the ordinary PI you meet here. The next issue is the value of the IP and the expertise built up in the company. Bearing in mind that the SP was so depressed because of concerns the company would go bust (now resolved via the expected sale), the price I reckon is likely to be in the 10p or above range... . Look at how much the Directors (who will understand the market for NTQ Saber drill in the oil/gas markets) paid. And they stumped up lots of cash - not the paltry £2k you see some directors stumping up. So fingers crossed about a swift announcement and even a bidding war, but no disappointment if it takes a little bit of time. It's about gritting teeth sometimes and just overcoming that instinct to de-risk and putting your money into a building society!!!

Richy - You're right. Another RNS identifying yet another well informed, rich investor with a large stake here will be welcome! They aren't going to day trade, they are looking for the multi bagger when the deal is announced... .

3 x 5k buys within ten minutes of eachother... . Another Form 8.3 on its way this afternoon?

Last chance to buy at 2.5p now. It could be 5p by the end of the day at this rate! And all we need is another well informed, rich person to identify the opportunity here. MMs certainly seem to be short of stock and are upping the bid price (so the price they are willing to pay for your shares) every 5 minutes or so!

Laura - I took a look at THRU. They don't look anywhere as good a prospect as NTQ for so many reasons. But rather than discuss or market other shares on this board, how about we take our chat to the THRU page and leave this board for discussion about NTQ?

I've been looking at IAG for a few years now. To be honest, the SP did pivot at the right time. There was a lot of uncertainty about the debt position. That really hit the SP. It felt like it rode right up to the last minute.... . The timing of the ride back up was pretty much the de-risked position. With a blue chip like IAG, the average investor has a average risk appetite. You won't get many people taking risky positions, so they'll wait for a degree of certainty before putting their money here as they know other people have a relatively similar risk appetite. (Do you remember Cineworld and what happened to the share price there?). Higher risk appetite means higher potential reward, but also higher potential loss! There isn't a limit on how much things can move each day - but you can imagine that there are a number of factors - you need a massive amount and value of trades to move a company with a multi billion pound market capitalisation compared to a small AIM company with only a few million pounds market capitalisation.

L2 reveals that offer is slipping 0.1p at a time very quickly... . Last chance to buy at 2p! Then it's 2.1p.... .

10p eventually, yes I agree. Or perhaps even more? All I know is that the IP is worth a multiple of today's SP. Yesterday's shoot up in price was principally the result of one rich, well informed investor buying two percent of the company in one day. He obviously knew what he was doing. We may get the hoards of PIs catching on today or we may not. It depends if the PIs make informed decisions about risk (and so decide to buy today, with early mover advantage) or simply follow a herd (and so decide to buy when a bidding war is announced). We'll see.

I hadn't realised that Gneiss (the company advising and managing the sale) are holders here too! 1.5% of the company! It almost feels like this is a slam dunk of a multiple bagger! No wonder Archer bought 2% of the company today!!

Carl - The reason it had gone down in the first place was it had to take on a massive amount of debt to survive covid. The fear was that it wouldn't get through and need even more funding. In the end, it turned out that it didn't need extra debt and in fact was back to making money. The company also used covid to restructure in many ways, dealing with some historical issues that had kept the SP down. Essentially, it is now a "money making machine". It's been de-risked to a very large extent and that's the reason for this return to a normal SP. It can't really go to £5 overnight given the size of the company, but it can by going up 1-5% a day. And there's a share buy back too, but that's only a small factor in all of this. The big factor really was the overselling given the fears over accumulated debt and the actual survival of the company during covid.

Swizz = It's hard to quantify exactly how much time a potential buyout has been discussed. It's been two and a half weeks of the 'formal' process, so a couple of weeks of the 'private' process before that may be reasonable where two serious potential buyers were identified. I note that we have one more significant investor on board today with almost 2% stake in the company as per the RNS at 1730 this evening... . Stephen D Archer. He's the guy behind today's buys I'm guessing. That's quite a few people with a significant stake here - suggesting shares will be in short supply, so the next significant buyer will face an equally steep, if not steeper, increase in offer price I've no idea who Archer is.

In any case, it's a good idea to jump in now for anyone thinking about it. The only way is up baby!!!

Wow! Just caught up here after spending some time on the NTQ board (it's about to go nuts there!) and you'll know I'm really positive about IAG too, but even I didn't expect a close above 362! That JP Morgan buy note with a target price of £5 on Monday really had an effect it seems!!! Looks like it's going to be £4 by results... !

Tomorrow could be a scorcher! Excited to see what happens! In any case, it'll be going up. The question is whether it is going to be tomorrow, next week, or later... . Plenty of headroom left... .GLA!

Top of the leaderboard today. Plenty of upside here. Inevitably there’ll be a bit of profit taking if we don’t get any news within a week or two, but there’ll be plenty more people getting on board once they check out who else is speculating that we will get a decent return. We’re valued at around £1,5m now, but that is only a result of speculation that we’d have another fund raise,/run out of cash. Neither have happened and the road ahead is about valuing the IP and expertise in the company for another company to become a leader in this field at little cost with little risk. Tbh, the more I look at this, the more I can see at least a 5p price and more likely coming close to 10p or over. £15m for the ip is nothing compared to the revenues it will bring. It could be well over 10p…. .

News always seems to leak when there is something good on the way. People can't seem to resist. I wonder if that is what is happening here? The IP here is worth a massive amount, and with Trump calling people to 'drill, drill, drill', there is no doubt that Enteq's IP is something that will make someone a market leader. Some have speculated 5p. Given directors, who will be very well keyed into the market, paid 10p upwards per share, maybe that's what we're looking at? All it will take is an announcement of an offer for the company, and it'll be too late. MM's will have marked up the price at 7am, as soon as the RNS comes out and an hour before markets open. It could be an overnight ten bagger or even more. I've seen it before with Serica.... . I'm sure you have to.

Unsurprising pop up in SP given the people invested here. There is a lot of knowledge of how the market for this particular share should go in the people with significant holdings here. It isn't a bunch of day traders just ramping! Or naive people with a bit of money to spare. I doubt there is much time left to buy shares at this price.