Member Info for Theanalyzer

nbu1. Rubbish there are no updates are due. Company only just released interim results two days ago..

Pathetic attempt to ramp.

Bond investor I am not down on CTEA.

Bond Investments. CTEA now has around £500,000 in the bank after paying £270,000 for Hyperneth and spending another £300,000 in losses in last 3 months since interim results to 31 March 2021. So it will out of cash by Christmas unless it invents a new product that sells like crazy before then which based on recent performance isn’t likely. Yes it could spike on rumours but that is trading not investing. Finally it’s not a Cigar Butt as per Ben Graham definition (later adopted by Warren Buffett in early years ) because it is loss making and market cap exceeds net assets so there is no margin of safety in a liquidation.

Doc123 My mistake I was think of Alan Simpson. So it’s in worse shape than I thought.

Nbu1 Tiny revenues, huge losses and you conclude its all going to plan. LOL

nbu1 this company has an appealing track record of generating tiny revenue and racking up huge costs. The CEO is a good guy who knows technology he helped on the BBC iplayer rollout but trying to create new products takes time and money. This isn’t an investment it’s a gamble with poor odds.

Just because it is cheap doesn’t mean it won’t get cheaper. The COVID crisis and passport hype enabled the company to raise a lot of money from PIs but unless they can generate something to similar in 6 months time management will struggle to keep the company going in my view.

Nbu1 mate the only way this share will hit 20 p is via a massive consolidation.

Mick 2 You said assets acquired will be worth more than debt with no time frame give. I just pointed out that on day one this won’t be the case.

Mick2 on what basis will assets acquired with say £5 million of cash be instantly worth more than £5.6 million of debt taken onto buy the assets?

Yes if SYME buys well and successfully grows the business then your statement will become true but in short term especially when you are buying starts you will incur losses which have to be funded by more CLNs.

By all means be optimistic but try and be realistic.

Calamari

They spent £3,000 at interim on IT systems about 3 days worth of developer time.

Now all development cost is combined to hide minimal IT spend

These should be fruit and sugar.

That would guarantee jam tomorrow.

Nice start today, Negma can get ready to unload first £5.6 million of loan notes.

Bank tend to be valued on a multiple of net asset value. Even if thie Fin Tech bank is valued at a low price to book there is no way that it could fund billions in inventory monetisation as its balance sheet won’t be big enough.

Fin Tech banks tend to need a lot of funding to cover losses as they scale up and funding for capital.

The banking group is a different story it could lend larger amounts depending on size of bank.

Almost certainly needs 2nd tranche of convertible loan note to fund deal.

So Ganfeng have raised the cash, got shareholder approval but still need Chinese State approval to make bid.

I suspect as Lithium is a key resource for electric batteries permission will be granted hopefully soon.

Tradeflow acquisition isn’t until July as in says in RNS

Afamefuna I could write off my entire stake in company without impacting my liquidity or capital as holding is small relative to overall portfolio at under 5% so not that worried about being locked for a few months.

Let’s see what happens.

Oil prices are strong at present and believe this will help drive cash flow and value to this stock.

Afamefuna
Shame you can’t admit I was right.

Since you patronised people in your original comment, I thought I would respond in a similar vein.

Afamefuna. Yes in your example there are more shares in issue but this does not mean deal is dilutive, it will depend upon the pricing of RTO share and assets acquired.

Time for you to jog on back to Nursery school and leave the adults to chat.

Observation

The average fund manager trades at around 2.5% funds under management. Hedge funds like Tradeflow should trade for more due to higher fee structure. At £1 billion funds under management, Tradeflow would be valued at £25 million on industry metric average i.e. close to £31 million figure buy out value if targets are met and if valued 20% above industry metric.

Suspect that this might be basis of total consideration.

Research equals listening to Vox Markets or Proactive paid for interviews where no tough questions are ever asked.

ROFL