Member Info for TaltBong

Gresham House Energy Storage Fund (LON:GRID) and Harmony Energy Income Trust (LON:HEIT) I don't hold and know little about either but noticed the piece from Adam Bell on X yesterday with regards to OFGEM possibly invalidating the above's business model somewhat.

https://x.com/Adam_Grant_Bell/...

Https://www.amazon.com/charts/mostsold/fiction/ref=bsm_char_sold_fict/ref=s9_acss_bw_cg_bsmmost_1b1_w?pf_rd_m=ATVPDKIKX0DER&pf_rd_s=merchandised-search-5&pf_rd_r=7AT6V0Q10X545AJMT2EJ&pf_rd_t=101&pf_rd_p=fb761a38-a2b0-45ea-a9b8-7d638a0cca2d&pf_rd_i=16857165011

Thanks to abtan on Stocko for the following:

"For anyone following the story here:

SJM was the #1 most sold book on Amazon.com last week.

It's been in the Top 20 Most Sold Books List on Amazon.com for 5 weeks now, despite only being released 2 days ago.

In total this week there are currently x8 SJM books in the list.

At the time of the last profit upgrade (mid December 2023) SJM only had x2 books in the list.

https://www.amazon.com/charts/...

If anyone knows a data source that shows Total Fiction Books Sales By Week please do share. It would be interesting to see whether the market has shrunk, or if SJM sales have indeed gone through the roof."

Guides FY-Dec in line but warns FY24 profit significantly below market expectations.

Excellent action recently and now popping above 40p buy price. Interesting times at RNO which is doing a lot of the heavy lifting in my portfolio atm. Good luck all!

Paul talks through the stocks he and Graham Neary reviewed in their Small Caps Value Report (SCVR) that week on Stocko which is based on RNSs issued each day so this is the playlist.

I read the SCVR each day but also listen to Paul's podcast each weekend, with the SCVR open on my laptop, as I like the additional colour he adds.

I also find many of the comments added by other subscribers to the SCVR, a number of whom are professional investors, of high quality and very useful in providing me with investment ideas and pointing out the pros and cons of various stocks.

I should say POS is from 10:19 minutes (although I think the rest is well worth a listen. Personally, I listen each week and subscribe to Stocko)

Discusses HVO amongst others. Link for those interested (from 7:48 minutes) https://podcasts.apple.com/gb/podcast/small-caps-podcast-with-paul-scott/id1642339156

Link for those interested https://podcasts.apple.com/gb/podcast/small-caps-podcast-with-paul-scott/id1642339156

The link didn;t seem to work on my last post. Try again https://www.offshore-mag.com/subsea/article/14290517/subsea-systems-market-witnessing-steady-growth

POS seem to have sold the rights to surface wellhead production to SLB but have retained rights to sub-sea welded markets. The latter is projected to be worth over $15bn by 2030 (https://www.offshore-mag.com/s...).

Paul Scott will be speaking to management later.

BTW I'm not affiliated with Stocko but would recommend getting a subscription. There are a lot of expert posters on the forum there on top of the generally excellent content from Stocko itself. Saved me from a lot of mistakes and following their advice paid back the subscription in the first week.

Checking the view on Stocko this morning:

On the plus side this $5.2m replacement licence deal with SLB solves the tight cash position but in return POS seems to have given up a potential future royalty stream for at least some products so how does this affect POS's future?

Cavendish has put out an update note, where it raises adj PBT for FY to June 2024 from just above breakeven to £3.5m although it notes this is a one-off deal.

The situation looks a bit complex and needs unravelling. Paul Scott on Stocko, who owns nearly 3% of POS is aiming to set up a Q&A with POS management to see what it all means.

From Stocko: “Small shareholders are very vulnerable here, to further ramping from paid-for commentators, sucking in the unwary before yet another discounted placing.”

From Vox: "Saietta set for growth after transformational 1H23"

With the latest funding round running out as soon as March 2024 this stock is uninvestable at the moment imho. Shame really. I did have high hopes for SED. GLA

Ticking up nicely today and this should continue through 2024. GLA

Good to be getting rid of currently loss making businesses from the group as the newish Exec Chair starts to simplify the organisational structure of the company.

I see momentum building here and am thus hoping for a positive outcome for SAA in 2024. GLA

I wonder if news from NIKE will have a read-across ZTF today

to https://www.msn.com/en-us/money/companies/nike-cuts-sales-view-on-choppy-demand-outlines-2-billion-savings-plan/ar-AA1lSU80

Mixed update but more good news than bad for me and the news about HMRS was not entirely unexpected anyway as you say.

There's plenty of value here. Forward PE of about 11 (and now) a tasty divi of about 8% and a NAV of around 700p so I'm not selling any of mine.

Buys seem to be matching sells this morning and might even over take them later.

Nice to see Gresham increasing their stake. Maybe time to get back in here.

If you go back far enough I think wasn't it 80p ish?. Maybe on it's way back there. I feel that FTC is just at the start of the latest stage in their journey.

Very interesting and rewarding watching this play out. Can't understand the 6.71p buy but all seemingly heading in the right direction. What will today bring?