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Stampee - It was your choice investing here, stop with the blaming other posters. I assume you have free will, or are you saying you're easily led?
Stocko classifies many stocks as sucker stocks, one of which has made me a very decent amount of money - not saying this one will, just that its a crap (and condescending) classification and the main reason I stopped subscribing to them
Retirement_Plan - I think your 400 will come soon enough
Brilliant results, unsurprisingly.
Not blaming you at all LOTM, You pays your money and takes your choice.
The decision now is whether to participate in the placing to average down, or put them in the bottom drawer and hope for the best.
The technology looks sound, the management less so.
Keep up the research and keep posting.
Lovable - You're preaching about this forum not taking into account and dismissing alternative views and then being condescending about mine.
Your suggestion is very possible, intelligent people doing intelligent things. So is mine, dodgy people in a dodgy business doing dodgy things.
Perhaps be a little more open minded ;-)
Bob - I think you're trying to get on a bus that's already full, but I get the impression there'll be another one along soon...
They certainly need to look closely at the identity of the seller over the last couple of weeks.
Anyone dumping large amounts continuously just before a placing is dodgy as hell. Probably wouldn't have to look too hard to find links to either the CEO, BoDs or Broker.
Stephan Beringer, CEO at Mirriad, said: "We are undertaking this fundraising to move forward from our build phase towards true scale, capitalising on the market power of our growing roster of US entertainment 'majors' and 'supermajors', and our pathway to programmatic delivery.
"As in-content advertising leaders, Mirriad delivers seamless placements in a format that audiences actively prefer, driving new revenue for content owners while also solving the ongoing challenge of ad saturation and ad avoidance associated with traditional forms of advertising."
Sorry. My brain is gone today. Take that all back, that's absolutely not great at all..... :-(
1.25p so at a premium. That's very good news in my view.
Interesting that the Retail RNS said that the main placing had been announced earlier. They obviously put them out in the wrong order
You're right PSK, I was obviously just thinking where the price should be!
Nothing to do at 108 other than buy.
The CMA will have to come up with some recommendations to not look like bigger idiots than they already do, but it won't be anything that changes the fundamental metrics of CVSG. It's a great company, currently seriously under valued.
At these levels it's a great investment as long as you can sit tight for 2 to 3 years. Unfortunately not too many RIs can do that.
Agree, it's a long term hold, although my gut feel is things are happening. A profit here would be a welcome novelty but I'm holding (more than I would like) against a takeover or merger.
Cash of over £12m, annual burn rate of £4m
Why on earth would there be a placing in the next 18 months UNLESS they've identified a really great asset to buy, in which case - GO DO IT, I'M IN.
Fear of placings when companies aren't simply trying to keep the lights on is irrational.
What the hell are any of you doing here if you don't believe in Speculate to Accumulate.
This is a strong buy now. If it goes sub 210 it becomes a screaming buy.
Retirement_Plan - Just seen your later post about having a sell target of 400. Ironically that was my final sell level on my small divested remaining holding, having made 4 previous sells from 204. I have no doubt it will get there in the end, but I'll tell you one thing for certain. If the SP goes anywhere near 270 I'll be wading back into this fully, and if it goes further so will I.
....and Retirement_Plan, you really do have to create a sell-down schedule on all stock (15% intervals x 5 sell downs will make you 50% for example), UK or otherwise. Don't just hold for open ended blue sky.
90% of the time you get to buy it back again for 20% less in 12 months if you want anyway.
Blame the politicians not TRN. It is a great company, it's just subject to sound bites from idiots.
The greater the percentage of business TRN do overseas now the better, not unlike CVSG in fact.
When will we stop shooting ourselves in the foot over here.
(sorry, I think you need to be 45 plus for that line to mean anything)