Member Info for Tame2017

A couple of reasons:

1. I am being cautious - I am not loving this slow slide backwards and wonder if it reflects jitters with our own gov, the US, the ending of furlough and the impact to written off debt (secured and unsecured) and the yet to be clearly exposed impact of a god awful Brexit deal.

2. I think an A/W market level adjustment backwards is possible with some Covid related hysteria which means a great time to buy. The reasons in 1. made this the choice for liquidation in case this scenario realises.

I will absolutely be back in here for the LT, hopefully in a more substantial way than I was before.

my sell of £36k did not show at all.

Thank you @trawl

Just got a notification about this - any views / further info pls ?

If only it were true.....!

Rooky - it would be interesting to understand the agreement that they have.

There will absolutely be get out clauses for Peel, such as not having the cash to fund due to Group level criteria etc etc.

PHE should have absolutely not agreed exclusivity if Peel were in control of the timeline IF it was anything but quick with penalties in place for missing deadlines etc.

Am not getting a sense that phe are super sharp on commercials but that could just be me feeling grumpy about them today.

*waves at fellow beancounter*

so you must be also keeping an eye on the risk side of things ? Purchasing long lead items when the costs are not close to being agreed for the services, let alone the funding, seems a little.........bold ? Unless of course, its not your cash going on the long lead items.

Depending on contracts we cannot see, this might mean that Peel may be able stop this site without incurring much in the way of incremental costs ?

My hope of course is that PHE no longer have all their eggs in the one basket and are finding other customers to flog our fab product to.

Fingers crossed !

ooh and - I've worked in large infrastructure most of my working life with Procurement and Finance and have never heard it referred to as a 'financial close'.

every day is a school day ;)

thank you Led.

So the concern moves to months of talk of 'progress' when they don't know how much it is going to cost, who is doing the work and how it will be funded (we loaned them money didnt we ?).

Which probably explains why nowt much is happening on site and why there have been no comms ?

Definiltey explains why it won't be ready this year - because its August and hasn't actually started yet.....

I am not a deramper btw, I have 1m shares here - but the word salad that passes for comms from Peel and PHE is starting to grate. The whole of this year has been smoke and mirrors about this site.

As an accountant, I do wince slightly when there are multiple messages about 'financial close being very soon'.

Just had a peek on Companies House and the financial year end for Peel NRE is March 31st 2021 - there have been no requests to change the accounting period. Peel NRE Developments also has the same year end.

You cannot bring future financial transactions back so the finances are done for y/e March 2021. 5 months is not hideous for producing year end accounts but its not great either. PHE got their accounts into Companies House for fye 31st December 2020 in July of this year.

My complete guess is that they are shuffling wooden dollars around at group level or the financial statements are not all that and they need some nice glowy words about this financial year to offset it.

What is it that posters think the Peel financial statements are going to show us, PHE shareholders ? Are we looking for reassuring words about progress on the site ?

Because Peel do not need the financial statements to do that.

I am in awe of the brassneck of the gov to (literally) sell our data (oh, and don't bother securing it either) and pitch it to the masses as a good thing.

Said masses will not benefit at all (probably quite the opposite) but Corporate giants will be wetting themselves with excitement.

If this is one of the big wins of Brexit, we are in trouble.

Any thoughts on when they might be making a comeback ?

I was never sold on him and hope this change is for the better and that communication improves significantly for the PI.

Without wanting to sound like Loadsamoney, 6k a month as a consultancy fee is loose change in the consultancy world. That probably covers 5 days a month tops.

Onwards and upwards - if this dips below 3p again, I will be flogging a kidney on the darknet and topping up here.

Have a good weekend everyone.

i was considering an investment but this does look likes its heading for the cr*apper....

@kev - I am assuming this is not your first rodeo on the AIM.

The question I asked was what do you see thats different here than the usual drama on the AIM.

@Kev - what dodginess do you think you are seeing here that we don't see all over the AIM ?

Plus ca change....
Emotion not facts are driving this rise - a retrace will come.
That being said, if it drops below 3p again, I will be topping up :)

I wish I had bought too even though that would average me up - if it ever drops below 3p again, I am will be flogging a kidney on ebay and topping up here.

We are full time passengers on the AIM rollercoaster !

Hi all,

I have been in PHE for a long time (this is my fifth year) - I sold my original holding at 3.5p and made a nice profit, got back in at 1p and hold 1m shares. Took my capital out around the 6p mark I think.

With my first holding, I was on a paper loss for nearly 4 years - thats how much I believe in this product!

I posted awhile back in the post 10p wave of positive sentiment - my points were there was little reason to be above 3.5p - 5p for now and that there was a lack of clarity regarding responsibility and funding for the first plant with Peel.

Just because this share has dropped in price does not mean the share or PHE are failing in some way - I think this is a long awaited correction as sentiment drops away because there has not been much in the way of magical sparkles since our 10p wet dream. It got there on AIM emotion and not much else. If we cast out minds back - there were speeding tickets issued most days with good reason - there was nothing to back the SP up.

Does part of me think ooh bugger should have got out at 10p ? Of course !

Does my logical brain remind me that profits rarely come in months, let alone years with cutting edge engineering and nothing has really changed - its just not happening at the warp speed we would like it to and PHE are not good at communciating with their small fish shareholders (thats all of us btw). Its not going to be this time next year Rodders.

So I am holding and feeling a bit anxious but this is now a free ride for me. I have seen Buffet quoted on here before and its worth remembering that the stock market takes money from the impatient and gives it to the patient.

If you want a stress free small level capital growth and / or income, then AIM is not the place for you - this is the wild west and it will always be a bumpy ride.

Am not a Yeo fan at all - I think he is greasy, but that might be what we need right now to go up a gear.

This share is one for the bottom drawer - it may well make your pension on its own, it just not going to be stress free and this year :).

Have a great weekend everyone ! I hope we can come back next week to a less *****y board.

T.