Member Info for Takayama

1. Laura has good instincts and knows when to take a profit. Lunglife looked too much of a punt for me but look at it now! Nice one! 2. We all make timing mistakes. 3. Sometimes we make bad calls also. 4. Given the aussie miner is still interested, there’s got to be something here. 5. Saber hasn’t been ‘ready to deploy’ , ever so far, but it is now. So there is a sellable product here that requires minimal or no further development. I repeat, that aussie miner is interested… . 6. Big investors are still in. 7. I’d buy some just for fun if I had the spare cash. It is high risk but at this price it’s also high reward. And it’s going to be fun result whatever!

Well, I'm glad I followed my analysis of this stock, rather than cave in to the standard procedure of 'cutting losses' - not a useful tactic in the illiquid market of AIM. Despite the downturns, there are also upturns here and it remains that with the reasonable likelihood of the first contract (I'm happy to be labelled as downbeat) before October, and that being transformational, this remains a good find. GLA!

We all get unlucky sometimes about exactly when we buy. I’d say this was at least a hold at this point… even a buy. The ‘power generator’ tool isn’t much more than a fancy lithium battery from what I can see (if it’s the thing on the website ） but what interests me here is two things - first, let’s face it, these are tiny trades today and the big buyers of £25k and up are still here, and second is the aussie miner. I’d imagine you’ll at least make your money back if/when this gets wound up..

Do people not know what a share suspension entails? It's a temporary suspension of the ability to trade whilst an issue is resolved. That's all. During the suspension, all sorts of things may happen. Sidara may make a bid public. Or they could walk away. It's pretty much the exact same as today or tomorrow when you have the ability to trade after news released at 7am. No different. But here, we know that Sidara have been all over this a number of times, they know the worst and the bid price will take account of all of that. Whether the business has lost 90% of its price because of shoddy management is up to you to decide. My view is that it's a factor, but not a 90% factor. Sidara will already have known what a mess the company is and will be using all it can to leverage a better price for themselves. It's likely that their bid will be marginally better than any refinancing provision offered given that refinancing doesn't give you control of the company - and it is the control of the company that has gone awry. The company will be using the refinancing information to leverage Sidarta into offering a better price. But that'll be a weak call. So all I can see is the most logical outcome being a Sidara bid accepted. It's unlikely to be 40p or below. It's likely to be over 40p.

Specinvest - no to all

Me too, I’m down. But the big drop in the last week is on pretty slim

Volume. Even if we said they were all sales, it’s only £45k. That’s 1% of market cap resulting in 10% share drop. Something wrong with the company? Well, if anything, the company looks in better shape than when I bought in at 0.4 (aaaargh!). AIM is notoriously illiquid at times, and I’m expecting good news. The MMs need to create a market so I can understand why they are dropping the price. I’m going to hold for now with a 6 month horizon to review. It’s an informed gamble here. If everything comes off, it’s a multibagger.

The company won’t recover until the CEO goes. As a CEO you need to sniff around your company and pick things up. When the dead wood is out the company will grow. The Deloitte report is the second step. If the FT and Deloitte can pick things up, a board should be able to.

Oscar1210-I agree. BOD are responsible. That sort of culture comes from the top down. They will go. A bid will be more favourable now - lenders will have difficulty lending when they realise also it is the board that is the problem. Sidara will pick up a bargain and install proper management.

The original company statement is enough for me not to worry particularly about the Deloitte report's impact on discussions: "the company stated it does not foresee the inquiry’s outcomes having a "material impact" on its overall position or future cash-generating capabilities. Nevertheless, it is currently assessing the scale of prior-year adjustments and their effect on adjusted pre-tax earnings.". It's a mess and of course dd requires consideration of the report as the FT article points out. Dot the I's and cross the T's. I wouldn't NOT hold though - too much of a risk the report comes out and Sidara-WG make a quick announcement.

It's a bit of a moot point. Obviously it will be better than where we are. That's pretty much all you can be certain of. And that should be good enough reason to continue to hold.

Swell2316 - There was a story about a fantastic German brothel in the FT recently? I'd love that to be true. I'm guessing that the brothel part is more your story though... . "Swell1236", really! Lol!

Doodoo - interested story. Can you tell us your sources? So for example "The company quickly informed...." - informed who and where is this reported? TIA.

Thanks Freddie! Sometimes I need to reiterate plain logic to myself! Normally, I'd have just followed the trend and bailed out by now from my buy-in price at the peak of the latest rise (duh!) , but occasionally, there are situations where the trend is contra-logic and I have lost out by bailing out too early. I'm trying to challenge my own judgement here (to hold/accumulate), but finding it difficult to find anything apart from mere superficialities - essentially the low SP is the only worrying sign. If this does fold (really hard to see how that'll happen), it'll be interesting to see why, and maybe even worth the financial loss! First share I bought was Burtons (menswear) in the 1980s when I was 17 - buying and selling by popping 2ps in a payphone, and I made a decent profit in the space of a month! So I know a little bit about risk. I invite any challenges to convince me to sell. LTH invited!

I think it's reasonable that the Unilever contract will be the first to provide a steady income stream from licensing. Given they are discussing a second contract for work is being discussed, it looks like everyone is feeling very positive about the first one and it will be signed - the lab tests that Unilever are conducting are almost a formality now. Even Unilever seems positive. Given there is an expected contract signing before November this year, that's going to be the transformational point. The company will be self financing from that point and the only trajectory is upwards. There is a risk of total loss here (as everywhere) and it is only because the share price is so low that I feel nervous - and because nobody else is buying in £5k min lots. The low share price must be indicative of something - but what, I don't know. Poor/unlucky financial management is the reason we are here (from what I can see looking at past RNS's) , and that is pretty much resolved in management terms, and will be actually resolved with the Unilever contract. So what's stopping more buying except looking at this distressed SP - except of course for sentiment from those burnt in the past? It's nuts. Holders HAVE to be patient now. And perhaps accumulate. That Unilever contract is going to blow the lid on this. Sky high I'm reckoning.

… is a headline I’d love to see. But alas, no such leaks. GLA!

Tetley - There'll be an offer, the market automatically adjusts up to pretty close to that offer price (assuming there isn't an RNS saying its been rejected), so you can sell straight away if you want. The risk is that there is a counter offer, higher, that gets accepted, so you lose out on that early sell..

Wow! Pewtinsux - you are a weirdo! Thought about therapy? It may help!

Trump has been royally played by Putin! News about call just out!!! Lol!

I love this board! The only place you can chat about anything except for the company under question! I’m a little surprised the lizard people haven’t featured. The MSM dismisses the idea which surely points to them existing? Not good for the Lloyds SP. Or is it?

I'll add that, unlike some of my positions elsewhere, I'm not going to exit and reentry once the 'floor' has been reached. Three reasons: (a) finally a management team I have confidence in, in an AIM company. There is a definite plan for cash management (b) trials with Unilever on final phase - the lab testing phase for Unilever. It's hard to believe it'll fail at that stage. A contract with Unilever is pretty much on the cards (c) when there is a contract, it'll be about IP - so a licensing agreement bringing in a constant revenue stream (d) I understand there are another 9 (total 10) such contracts in the pipeline. (e) My calculations suggest the next twelve months are likely to be transformational (f) If anyone has any idea who is selling and why, it'll be interesting to know. Thanks.