Member Info for testpack3

As I now understand, there is no obligation, due to recent Rule changes, for cos, to issue Q updates. The next RNS therefore should be for the announcement of FYR results for YE Dec31, '14. This can be any time this month. All in MHO of course.

I was not expecting a cash flow problem, even with the impairment of c£300K. The market makes very bad news for co's. that cancel divi's. Hoping the loan facility is for divi, maintenance. And, what a good bloke to lend at 5% pa. With Trading Update due soon, will soon know. GL

You may well, hopefully, be correct. However, the article states Indian satellites, and Absea uses Earthexact?? Or, have I missed something?

All you say is 100% correct. It's been in 'too good to be true' since it went below 40p ( when u, with wisdom, sold out). A miracle is required. I'm not losing life changing money, but it's a v decent few weeks in The Caribbean.!! The CEO must have had a few friends asking if it was a good share to buy. If the answer was , No, it's a dog, They would have shorted the share. If the answer was Yes, I can only assume the CEO's silence is caused by him trying to avoid The Triad every minute of every day ( hopefully). lol. Worse things happen at sea. Thnks for the good wishes.

This is copy of mail posted sent today. Canace is their 'Asian specialist'. Will let u know reply, if any. Dear Canace I write as a PI in the above. Could you ask the company to issue a RNS on the catastrophic decline in the companies share price. Recent P/L ( Sept '14) accounts showed £48M cash at hand and in bank equating to 64p ps. ?? The following is an extract from a recent rns from Mr Zhang; ''The Group was encouraged by the recent meetings its Executive Directors held with certain institutional and other investors in London and remains committed to active engagement with its shareholders'' Can you please suggest to Mr Zhang that now is an ideal time for engagement. Thanks in anticipation, and Kind Regards

Agreed, however, they aint gonna do it. They have had ample opportunities to buy, at what seems crazy sp when one considers 4p pa divi. The mm have crashed sp on a measly £40K B/S, and have a near 20% spread. Any company which is genuine would have issued a rns stating 'no reason for decline in sp' or ' the co notes it's recent decline in sp, and is suspending shares, and a further announcement will be made in due course'. The MM's think/know this is another NBU. The previous poster said 12p would be a good entry point. Not if it's another NBU? I got my av down to 27p, (at some cost), and am now in the all too familiar territory on aim, whether to cut and run, or hope for a miracle. The lack of communication from CEO suggest a miracle is not an option. From my last communication with PR co., it is as much in the dark as we are. $67M cash in the bank eh. The bank manager, clerks, would be buying this share by the bucket load. The next rns will see it go supersonic, or end up in flames on the runway. GLA

Thanks TD.

it issued a trading update on 6 Feb. I am sure this update will be positive, confirming both Ocado in on plan, and confirming divi payment, and possibly increased margin news because of lower raw material cost. There is bound to be some increased efficiency at the Haydock plant with Fletcher in charge. News on new contracts would be a bonus. Obviously, Sid, this is wearing my Coral tinted specs. The downside would be cancellation of the divi, no new contracts, and further delays to Ocado. However, at 10p a pop, I thought a further modest buy would be rude not to do. All in MHO of course. GL

I was previously invested here over 15 months ago. When the first Au production figures were announced, I thought it an ideal time to check the actual Au produced figure and compare it. to the Au content figures of the ore being processed. During this period, actual Au produced was c9800oz, and according to the Au content of the ore, the figure should have been 16,800oz. My figures allowed for 90% of Au extraction, the figure that the co said it was achieving. When I brought it to the attention of MH, he said that these figures were not wholly accurate when sampling, and I should read Guy's Formula when interpreting assay results. He went onto to say, maybe it should have been made more clear in an rns.! Now. I do not disbelieve it has recovered a sample with 45g/t of Au, is it representative, definitely not. I say this because of the recent trading statement regarding the all in sustaining cost for Au production next year is likely to be $900-950/oz. It is regularly reporting Au contents of 7,8,9,10+g Au/t , and has this high AISC from an opencast mine. Many of it's peers have a lower AISC on ore grades of 2,3,4 gAu/t. If the reported grades are correct, that means less ore through the plant to achieve Au production figures, and less ore means significant production savings in both man power, and plant utilisation. The other red flag for me is the no of shares held by the dominant stakeholder, Fratelli?. All the comments I have read about such companies can be summarised as ' avoid like the plague'. All in MHO of course, and DYOR.

Of course CS, one would have thought, since CRU is a buyer of plastic, that it's chart should be a reverse image of the spot price. Can only re-iterate, that at this sp it has to have a 50% upside in the following months. It needs a really good trading rns, news that the divi is safe, and it should return to 15p plus. It released rns on 6 Feb in both '13 and '14. I did buy more after the rns re: Customer admin., and am toying with another buy before 6 Feb. Decisions, decisions!! All in MHO of course.

The bank has not revealed it's financial calendar, and unfortunately, on it's website, I am unable to find an investor section. The co came to the market in Nov. I assume it's financial year will end 31March. It could give a Q3 ( Oct, Nov, Dec) trading update any time now. We may have to wait 'til March when it should give a rns detailing calendar for FY results. The BOD has been tight lipped on news, and coverage of how it is fairing in the market place is hard to come by, or, that is my experience. Whenever it does come, I fully expect a strong rns. All in MHO of course.

Ref: aircraft use. I mailed co, and CEO replied promptly saying no. The technology already exists with immarsat for this, but since it is not regulated, mfrs will not install - sounds crazy with all the happenings in the last 12 months. He did go on to say that there are a few 10's of thousands aircraft in service, but 29 million ships/boats etc., and he knew which market he preferred to be in. Encouraging comments.

The half year report stated £5m of stock at cost, not sure what mark-up is though, but probably equates to $15m +. If the technology would work on commercial aircraft, then this must represent a game changing market? I've been trying to find the nos of commercial aircraft in operation, and found it difficult. Guessing at 30,000. may be a lot higher. If it does work, I am sure SRT is burning the midnight oil with plans for the operators and manufacturers. Should be a good 6 months for holders. GLA

a tad disappointed with a $1M sale order. It is distributor buying in anticipation of demand. The co, has plenty of stock on shelf, distributor knows this, and can re-order when sales come in. Not sure of the weight of units, but air freight can only be tens of dollars per unit, not 100's of $.? Took this small drop as an opportunity to add. If only this technology worked on aircraft - no more 'lost' planes.

Not so good. The line in the rns that has seen the sp fall is this: ' The remainder of this year will see our efforts focused on producing prototypes for our commercial partnerships." A year is a long time for AIM R & D cos. Of course, it may, at any time release a rns stating that it has a jv agreement with an OEM. My personal view is that this will drift down to the 60p level. The rns also stated this year would see further research on it's platinum free fuel cell catalyst. I believe it has a jv programme with Toyota on this. Toyota recently announced that it is 'giving away' it's patents on fuel cell catalysts to other car mfr's, in order to get the market moving. I have no idea how this impacts the jv, and less idea if Toyota holds patents on platinum fuel cell catalysts, and it is these it is giving away, leaving them with the more cost effective Pt free catalyst. I wrote to Ilika some 3 weeks ago for clarification, and no response to date. An income stream, PBT positive, dividends, is years away, at earliest 2017. In the meantime, new technology may come along making Ilika's battery portfolio worthless. It is not possible to predict future technology. I did sell the majority of my holding this am, and am more sceptical now. I hope it comes good, but the rns was a downer for me. All in MHO of course.

will set the scene for this sp. the big green flag for me, and which distinguishes it from it's peers, is no toxic debt, Branson does not like failure, and I'm confident he will ensure this bank will be a major player in the UK high street, and long term, take the brand overseas, I am hoping for £4 sp at end of this year. All in MHO of course.

The only red flag for me is the partner in S Korea. Eggs in one basket etc. If this co defaults on it's payments to TON, disaster. I have been unable to find the name of this Korean co who has been buying TON goods and services. Any-one know? GLA

this share for 2015. I've only had a quick look, and 3 things are evident. 1) Mobile 'fone tech. 2) Excellent growth results in Latin America and 3) Greek owned. I am now thinking of Globo, and the way that has been shorted, since some analysts believe the books are being cooked. When this co. pays a divi,, and has a known presence in Eu markets, and same applies to Globo, will be of interest. I will remain sceptical. All in MHO of course.

at 0.2p ps would cost £115K. With the BOD's commitment to a strong divi policy, would be v surprised and disappointed if fail to pay. Next up date crucial for long term. hope for good news on major contract production and sales. Had to buy more at 11.5p and reduce average buying price, This is the problem with smallcap AIM. If one or more customers go under, then can be v. serious problems. Still long and strong though, and a really +ve update will see us back at 15p+. All in MHO of course.

6000 patents on H2 Fuel Cell technology. I read this on the BBC website. It says it is doing this to get other car mfrs fully behind EV's. Where does this leave IKA and it's JV with Toyota?. I am under the impression that the only income stream IKA will have is from License Agreement, Royalty Payments etc from it's list of patents. H2 Fuel Cell technology is only one of it's many fields of pursuit, but I thought a very important one. I hope the company releases a rns to clarify the matter.