Member Info for TrekMadone

adv11,

Np, you could take a view of trading a % to lower your average. Sell some buy some lower. It’s just another option to hold and hug. I pay 3.99 a trade with ii, the spread is usually the most costly consideration.

The FCA feedback/corrective action should be announced soon. I would assume that given the time taken they are fixing the systems as they go rather than releasing a plan. If that’s the case then the next RNS could also offer a trading opportunity to sell a few on a spike and buy back lower.

Good luck

Usual caveats

Trek

It’s been on my watchlist and was just about to buy! No idea why the sudden move up! It’s broken chart on no public news.

Usual caveats

Trek

HBR….

As they shout from the terraces at the govtS….. “you don’t know what you’re doing!’

They all frigging useless!

“ North Sea oil producer Harbour Energy had its profits all but wiped out by windfall taxes as it warned it had cut investment and staff.….”

https://www.telegraph.co.uk/business/2023/03/09/ftse-100-markets-live-news-interest-rates-microchip-china/

UK plc is a laughing stock!

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Trek

I am waiting for the budget to be out the way before buying back in. That will still be in time for the xd.

Govts have a habit of achieving unintentional consequences and a 25% corp tax level could actually send shockwaves through the small cap space!

Usual caveats

Trek

What a downbeat message and then he says the future is bright! Wish they qualified that more. There has to be more upside than interest rates! That could just be burnt if corporation tax goes up!

News on ‘an inspector calls’ soon. Was expected by now and I must say it’s a worry what they have found to do.

I am on the sidelines atm and even at below 100p I wouldn’t buy back in. I would like to see some better numbers and the divi going up and not as a result of a lower sp.

I called it as I saw it when I was invested here and did well.

Hope indeed that the future is bright and those volumes tick up!

Good luck

Usual caveats

Trek

Just wow!

“ Following investigations undertaken by the CFO and CEO, and as reported to the Board of Directors of the Company (the "Board"), significant, sophisticated and potentially fraudulent irregularities with regard to received purchase orders and related revenue and bookings, as represented by one senior sales employee, have been discovered. These irregularities give rise to a potential material mis-statement of the Company's financial position.

The identification of these irregularities will significantly impact the Company's cash position and lead to a material uncertainty regarding its overall financial position and significant going concern issues. The Board now expects that anticipated FY22 revenue could be as low as USD 9 million and not USD 24 million as previously reported. In addition, the Company has no confidence in its announced FY22 bookings expectations.”

I just shows what a jungle it is for investors out there. This actually makes CLLN look like a slight misdemeanour!

I was actually looking at the chart for WAND yesterday thinking it’s due a retrace! Wtf! Lol!

They have no confidence in their accounts then will come fines sorry directors usually get paid off and moved on. SP will open in pence if at all imo.! Customers won’t want to be associated with them now!

Usual caveats

Trek

AUM down as expected but client flows gone positive. Divi up 7%!

Outlook is solid.

Anyone making a move would have waited for these numbers.

Given that LGEN’s results were excellent and the sp fell rating it ridiculously cheap I have no idea what to expect here.

All I know is I am getting well over 10% yield and the company is far from going bust it’s making much improved headway!

Usual caveats

Trek

Hi nom,

Yes thanks, when I posted without reading my post as in the usual hurry I thought should have specified it’s life and asset based insurers. So they benefit from higher rates, bond yields, guilts etc. also inflation hedged as opposed to non life classed as motoring, house insurance etc. Av have more exposure there.

In the non life space DLG cut their divi in response to higher repair/parts costs driven by inflation in the motoring industry that also spooked ADM at the time. With the more hawkish fed and ergo boe that signals that inflation may still be sticky here. So they’re re more skittish and quite rightly so!

But in the life space there are companies that deal with investments. Their risks are predominantly assets under management, AUM. Whilst that’s a smaller part of LGEn & PHNX pf it’s higher for likes of LIO, MNG and N91 etc so they would be the riskier sector plays.

Insurers is a confusing catch all phrase as many of their books differ and yet they often get caught up in the same market sentiment which of course can lead to opportunities as well!

Thank you for sharing the link.

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Trek

Avct got a long long way to go. They are using synthetics to target cancers and from memory limited US presence. Whilst never say never I would see this going to a US company. Someone else operating in the brain cancer arena.

Whilst Nimble is good it’s not necessarily something that another company would chase. It would be for the IB software and GaM.

There are so many possibilities. There are many glioblastoma trials underway from google and most seem to fail!

There is even a paper listed by the NHI on how to improve glioblastoma clinical trials chance of success rates as many don’t get the phase 2. It’s all on the web but the dates and scope is so wide. The constant is that funding and headway hasn’t shifted in decades!

From Yorkshire home of Avacta! Lol!

“ In more than 35 years, brain tumour treatments have remained relatively unchanged. Unlike other cancers, research has been underfunded and continues to be way behind. In fact, it could take up to 100 years for brain cancer to catch up with developments in other diseases and this is why the brain tumour research that we fund in Yorkshire is so important.”

https://www.yorksbtc.org.uk/Loving-Research/Research/Background-to-research/Ellie-s-Fund

Then you have to factor in our machine AI interpretation of scans. So do someone want the AI tech, the clinical treatments and the nimble add on? That would lead to a bigger institution imo capable of a one stop package.

And I think anyone linking in will be known to the Mayo clinic as it’s probably the best in the world or perhaps Ivy also in US. Could be the likes of Takeda, Gilead or even a private unlisted company. Again the options are too numerous!

But make no bones about it orphan drug status is extremely coveted and so is that ever increasing AI database!

To build this from scratch, and I know you can say that about many companies, but this is a unique unmet need and would cost many multiples of the mcap to even get going!

I have trawled the web many times looking for answers and options but they are far too numerous. In part that’s what leads me to the fact that there is a demand out there but not many IQAI’s!

AsI posted earlier, the huge costs of going to phase two will force the hand of the company into making a business decision around how to take this tech forward. So just gotta sit on one’s hands for now! It’ll come!

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Trek

Well I grabbed 10k more.

I have traded some and held some here and been v lucky as it’s helped get my average well down.

With the thin market there will be disproportionate swings! Trust me I have a big position in YU and have almost doubled my money there trading the volatility. They also have a small float. Grabbed more there today to sell into news next week and will leave some hopefully on a free carry!

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Trek

Tight spread eases the senses 3816 to sell and 3819 to buy can get quotes for 50k either way. That’s a sign of a shake. NT to sell and can buy with a big spread would be the worse market.

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Trek

WTF 6p dip today!

Profit taking after the run?
Some may have missed the +40p window to slice and grabbing some now?
Leaky ship with news tomorrow? Unlikely as they are tight.
Tree shake ahead of news?
Slicing to reinvest either higher or lower?

Ballz of steel time and trust your DYOR and that the BoD aren’t FoS!

Don’t like seeing 15% drops so close to possible news. Glad some buyers arriving now….

Oh the adrenaline! Lol!

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Trek

487.28 one of my buys as unknown for 1000 shares. Got one more buy and two more sells pending. Average now 500.00025! Lol!

Getting there!

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Trek

Chid,

They are really a US company that happens to be listed in London albeit now with ADR’s. Think of LEX or even DEC or many in Pharma. London used to be the place to raise for smallcaps especially with the attraction of the lesser regulated AIM. It’s the same for some Canadian explorers as well as Africa and Europe.

They are capitalised, listed and ostensibly domiciled here but really their staff and operations are often much further a field.

Usual caveats

Trek

“ The head of financial services giant Legal & General has dubbed the UK a low wage, low growth, low productivity economy as he criticised regulation on businesses.

Sir Nigel Wilson said the pensions and insurance company had been held back from investing in Britain by the regulatory regime.

Ahead of Jeremy Hunt's Budget next week, he warned that the UK is "lagging miles behind right now" as the US, China and Europe try to incentivise investment in the climate industries.

He told the BBC Radio 4 Today programme: "We'd like to invest a lot more here in the UK, but a combination of regulation and policy has made it very difficult to do that over the last 20, 30 years."

He added: "We have to recognise we've starved our economy of growth equity, and the consequence is we are a low growth, low productivity, low wage economy fraught by political infighting. This has to change.

"We need the government to step up and put rules and policies in place that allow us to invest in the real economy in the UK."….”

https://www.telegraph.co.uk/business/2023/03/08/ftse-100-markets-live-news-budget-corporation-tax-jeremy-hunt/

So just how will increasing corporation tax from 19 to 25% help companies invest? They have 6% less! This Tory party must be the highest tax party we have had since Heath!

Oh don’t get me wrong labour will step up with their windfall which will also stymie investment!

Tax system needs a complete re think starting with closing the offshore loopholes that the mps benefit from and charging at point of sale!

Then a ski slope income tax scale starting at 16k to take the most vulnerable out of poverty and 5% increments thereafter.

Non of them have a clue imo!

Usual caveats

Trek

BREE great numbers as K expected. Divi also up and looking to list on main market. I used to hold them but just on sidelines for now. Was a Sunday times tip way back. Should have bought em back under 70 but was put off by house builders drift. Bree will do well when next gov make some proper infrastructure spend!

WAND what a sexy chart. One of those that you sell and wish you didn’t coz it keeps on going. They have more contracts to come on this year. I am waiting for a technical pull back there to trade but not a sniff yet!

DEC putting my trading pot back in now!

YOU should be due to move above 1000p soon. Election year coming up. They will do well. The surveys will be kicking off soon and now they probably have additional diversity breakdowns that will be key for many!

OXY…. The sage has got permission to buy up to 50% of stock! I wonder why! He obviously sees a future for HC’s!

https://www.proactiveinvestors.co.uk/companies/news/1008375/buffett-s-berkshire-hathaway-buys-more-occidental-stock-1008375.html

All Europe are doing is de-industrialising and handing control of stuff to China. They have over 150 nuclear power plants coming on and opening up old coal mines to build millions of tonnes for us! We will pay for it later! I didn’t know pretty much ALL lithium is processed in China!

V good interview here from LSE to skip through….

https://www.lse.co.uk/media/what-drives-the-lithium-price-and-should-we-be-worried-that-china-processes-it-all.html

You really couldn’t make it up! Oh and China have increased their military spending by 7% and threatened US with use of force recently!

Sleepy Europe!

Usual caveats

Trek

Looks like profit taking on recent run into results. I am waiting for it to go below 260 before adding. Probably like everyone else! If it doesn’t go there before 0900 I will buy anyway.

I really see this turning and heading back to ATH’s of 300p once the suits get their calculators out. It’s no wonder peeps are psd at the LSE. I read we are 40% discounted on a NYSE peer basis!

If LGEN can turn out these numbers after this sht year with war, inflation and the LDI fiasco that’s a pretty good endorsement!

Sp will turn later even if in next few days and once it goes blue lots will jump on as looking for market confirmation Imo!

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Trek

LGEN outstanding results! Like I keep saying insurers place to be. Especially with hawkish Fed as higher rates = higher margins and they don’t have the same debt exposure as banks.

My split across MNG, LGEN & PHNX all up around 20% now and 2 are +10% yields!

Usual caveats

Trek

AUM was a great result across the board which was a primary market concern. It’s amazing that they consistently turn out such good numbers in this climate. The hawkish fed comments and rate rises should actually help margins for LGIM!

Divi up 5% as well!

If I had a wish it would be that they went to quarterly divi to smooth the SP out!

300p v soon imo !

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Trek

Over 15 one trades so far on the LSE trades page.

They are usually MM liquidity scheme. This is where the MM generates lots of trades to try and encourage trading liquidity.

Or they can be scrip divi buys.

Given the timing of the xd it’s likely the later as there are many other low single digit indicative buys.

Usual caveats

Trek