We would love to hear your thoughts about our site and services, please take our survey here.
Still a strong buy.
Bit of profit taking, to be expected, Without news sideways trading 14p-16p for the next week or so.
Something may be brewing chartwise, will take a couple of weeks to confirm and anything could happen in between that, but if not at end of next week, early the following week. Aligns quite nicely with the SALT presentation but that's not what i'm looking at. Might be an excuse for the trigger though.
Mystic Meg will let me know and I'll pass it on when she does
GLA
Let me know if you re getting bored of this. Not had many reasons to shout out recently.
Salt at sell price today worth approximately £40 million quid to TEK. TEK MCap £30 millionish + includes BELL & LUCY (a battered valuation of £3 million to TEK and Guident.
TEK behind, even applying a discount as previously discussed.
Hopefully a good day in store
I think we will see news being released on SALT before the presentation over there so hopefully a steady tick up to 1.50.
--------------
I think you're right Sea. They'll have lot's up their sleeves as well imho. They're keeping info close to their chest for commercial contractual reasons I guess, but there may be clues.
An advancing SALT sp should see TEK heading well into the 20s in short order. 27.5p will be the big one to crack. After that just horizontal stuff with the 30s. If the news is good, I don't see that being a major issue either. 27.5p is the one to watch
Change of tune.
Loads of it has been ramping this and telling everyone £5 was imminent all over. The imminent minimum wage increase and retail backdrop were already known. Maybe he was getting out whilst you were getting in.
With sentiment on the wane here those results in March better be good. If they're average or worse it's only going one way.
Watching with interest. Can't short on a spread bet at the moment (results imminent) but otherwise I'd take a small punt.
Chances are it's going South
Maybe CM. I get your drift but it was the listing of Salt that's given it a value that cannot be ignored (even at a discounted rate). Guident could arguably be worth more. A listing would immediately attach a value to Guident
It has CM. They've always maintained it will be sold trade sale. Not sure why. Maybe because they know where they're going with it etc.
Thing is they could float, raise for ReVive at the same time (if necessary) and smash the SP into orbit. It's valued at 0 so the 'trade sale' line isn't being taken seriously. If it happens it will come out of the blue
It's impossible Laim. Things move so fast day to day. NAV has to be well in the 30s by now. The Oak bloke writes it up frequently, as does Simon Thompson. TEK trades to a discount though.
A lot will depend on your time frame
Just need an RNS to say they are intending to float Guident and this will hit 50p plus.
Doubt it s going to happen anytime soon but if they did it within the next few weeks this would hit 50p and we'd all be talking about a Golden Nugget.
Cliff. That easy mate. Why NOT float Guident. Everything else is now on an exchange and Guident has top management, products, contracts, all the right connections. (See Jacksonville state transport contract). I think it would be received well
Morning Sea
I think the same. First IPO on the LSE for a long time I think and all the right sound bytes - innovative, global, unique product, government legislation, Fortune 500s, Sainsbury. I could go on.
Could go anywhere
Does seem that way Bazzaman, at least until Bell or Lucy starts moving.
They've always spoken about a private trade sale for Guident. Imagine if they suddenly announced it was going to float.
That would be a master move off the back of what's going on with Microsalt
Does seem that way Bazzaman, at least until Bell or Lucy starts moving.
They've always spoken about a private trade sale for Guident. Imagine if they suddenly announced it was going to float.
That would be a master move off the back of what's going on with Microsalt
If MicroSalt can increase their revenue stream quickly and land some decent contracts, I'd hope they'd raise (if necessary for rapid global expansion for example) through a convertible bond or bank loan. They probably already have revenue approaching $£ 1 million a year extrapolating some of their previous figures so they are light years ahead of LUCY. Should give them a few more options.
That's if they don't just get taken out. Has to be a possibility somewhere along the line, once it looks like it's taking off
I've got something like 65% if we are to assume TEK will also be taking them.
I expect there's a long way to go before anyone will be exercising warrants, but in doing so SALT will receive further funding to their bottom line, beefing up their fundamentals further.
Could be a lot worse (See Lucyd !)
TEK’s entitlement to subscribe for additional shares in SALT at a 10% premium to the IPO price-which one day could be very sweet indeed
---------------------
Thank you ACAB - I d missed this. That is looking pretty good from where the SP is today.