Member Info for TrekMadone

Picked up 2k shares. Had to break down to 2 x 1k buys as was NT! Liquidity is a joke here.

The SP is not reflective of business value. I am a buyer sub 190 for the quarter income and will continue to buy the dips.

3 more dividends due here in rather quickly succession….

Ex-date

26 May

25 Aug

10 Nov

Record date

27 May

26 Aug

11 Nov

Payment date

10 Jun

9 Sep

25 Nov

That’s 3 payments in 6 months!

Divi increase, buyback or acquisition may also be announced at some point following recent asset sale.

Usual caveats

Trek

So today another hi vix day. Markets down across board on Feb hawkishness, nervousness ahead of some company results and China lockdown. Makes you wonder how good the Chinese vax was, well obviously it was perfect as they said it was!

Anyways these factors imo that the markets will adjust to in some time or other and drive more volatile trading. I for one have already done a few transactions today.

Point is the market still doesn’t believe CMCX among others will benefit…. Mmmm…I note JIM is starting a mini recovery.

I still expect this to move through 300 when the penny drops!

Usual caveats

Trek

Suddenly they can make a 30% cost reduction and have a plan for positive cashflow.

Shocking really!

So what exactly is the role of their NED’s?

I won’t be buying having sold in the 60’s from memory with a small loss but genuinely good luck to those stuck here.

Usual caveats

Trek

I even had limit orders that were in price just sit there. In the end I sent to market for deal at best and was pleased that the prices I got were in range.

Some great NED appts today. Be nice if they pick up stock!

Usual caveats

Trek

Lol, yes been buying GCAT and PXC as well. All due news.

I sold a lot of xd stocks recently. They all go xd again in Aug/Sept so I can time my entry to pick up next divi. That gives me cash in the meantime to go overweight elsewhere especially where news is due. I can then sell back to equal weight and recycle the cash. It also means I don’t have all the money in the market over the summer which is usual the weakest span.

It’s a plan that has evolved. I have a spreadsheet that flag’s opportunities across stocks that I don’t mind holding. I don’t trade anything I wouldn’t want to be holding longer term.

Makes sense to me anyway!

Usual caveats

Trek

Hi PP,

I no longer hold ECR but keep a look in. It will turnaround I think.

Yep I am fully loaded here 4m shares. Some to keep some I will trade if there is an opportunity. It’s what works well for me and has meant I haven’t ended up with holdings deep in the red.

Good luck with your investments

Trek

Just picked up a few more. I wasn’t planning to but it went below my average to buy.

Interesting on ii just now you could buy but not sell even 50k. So someone may be offloading. May straighten out later but not taking anymore sells atm.

Usual caveats

Trek

Only 100k shares left at 4.72p hence spread going out. I took 50k, there was 150k left; I was going to wait until next week before topping up but it may be that the interview is timed for Monday news.

Either way there will be news next week!

Usual caveats

Trek

What a great interview. The potential of IB gad free imaging is huge and if the cancer drug which is already in a phase 1 replicates pre trial success this will moon from here!

For sure it’s all iffs and buts but £8m for a company with a funded PI and on the brink of FDA submission for its patented AI tech with recurring customer revs on the books is ridiculous!

Usual caveats

Trek

If the spread is too much don’t trade. Been doing this successfully for years. Hold some, trade some, or not as the case may be but never buy a stock you don’t want to hold!

Good luck with your investments

Trek

Lol! Both!

Usual caveats

Trek

Due for a 4-5p lift in a day imo. TA showing breakout on cards. But it’s the news that counts and very little has been factored in in SP for the recent news let alone potential news. SEPL had a lift recently which fizzled out but there really hasn’t been the liquidity there to buy.

All said though the biggest catalyst for a big daily rise here is holding above 33p. That’s the insti average price as posted before.

So if 33p doesn’t result in a sell off, which it hasn’t and liquidity has been good which it has then that’s a signal to buy.

SETS works better with more liquidity, even limit orders can sit in price unfilled so everything has to be sent for best which folk don’t like to do.

It shouldn’t take much to drive this up 4-5p in one go from here.

Usual caveats

Trek

This morning the most you could sell at one point was 150k shares. That followed on from yesterdays close. I sold the 3 x150k shares that are close together at .9515 and bought them back in one hit at 0.93.

I was bored and made a little beer money! The nibble trade was always on and it got my average down a little on my core position. Lol!

Usual caveats

Trek

From Cenkos Note out today….

“ Comment: We see today’s announcement as significant despite being a non-binding LOI. This is because a leading worldwide supplier of automotive interiors to Tier 1 manufacturers will be a large, sophisticated entity and will have not only performed significant diligence to get to this stage, but will provide significant expertise to help progress the development of new solutions for the automotive interior industry using graphene. We see significant value to OEMs, for example, in more thermally conductive materials to enhance seat comfort (cooler feeling seats). Another example, post pandemic antibacterial and antiviral coatings will also be of interest for high frequency touch points. Lastly, whilst the automotive industry has historically been slow to adopt new technology, it is going through a revolution with a much greater rate of adoption of new technology and reduced development and qualification times. In particular we believe new materials for seats, for example, could well be introduced mid-product lifecycle. This new market opportunity provides significant future potential for Directa Plus, the value of which is not reflected in our current forecasts and 280p DCF based valuation. ”

Usual caveats

Trek

Thanks Aqua that makes sense.

Trek

Hi barchid,

Interesting AJB is the weaker in the sector followed by JIM but JIM is showing as a recovering when compared to peers.

Not sure if this save but if you chart IGG, PLUS, ICAP,JIM, AJB, CMCX over 6 months using the compare facility….

https://www.google.com/finance/quote/AJB:LON?window=6M&comparison=LON%3AJIM%2CLON%3AIGG%2CLON%3ACMCX%2CLON%3APLUS

You can see what I mean.

If it plays out it makes JIM with its quarterly divi and a 6% historic yield excluding the recent special a very compelling buy. Especially when you read the results narrative.

The market just may be correcting this oversold position.

Time will tell

Usual caveats

Trek

Are they saying that the previous assaying didn’t not do the grades justice?

‘ the Company has refined the assay method to include such metals as Antimony. Additionally, all samples will have an initial 50g fire assay with only bulk leaching amendable to samples that show trace gold levels. This will save costs and speed up results without compromising quality of the assay.’

I thought antimony was a pathfinder anyway.

Usual caveats

Trek

I like the use of RNS reach to keep shareholders updated. It’s good to see that ESG is part of PXC’s dna.

All of this will help with permitting and make the company more investable as well as the obvious great good for the planet.

Usual caveats

Trek

I am averaging back in now, just didn’t want to hold as many over the hols.

My buy shows as a sell. The buy/sell ALGO here is not the best.

Order Status Executed
Order Reference Xxxxxxx
Date 21/04/22
Time 14:02
Stock Name IQ-AI LTD ORD GBP0.01
Action Buy
Order Type Market
Symbol IQAI
Quantity 50,000.00
Limit Price
Price £0.0419
Consideration £2,095.00
Commission £3.99
Stamp Duty £0.00
Levy £0.00
Total £2,098.99

Ps made a nice day trade on TXP in and out in a few hours. So money was put to good use. TXP is my biggest position so it wouldn’t have mattered if the trade didn’t go as planned. It closed 12% up on TSX the night before and the MM was asleep at 0800!

Similar as the smash and grab at GRL I mentioned.

You can catch these opportunities if you happen to have cash in the pf.

Usual caveats

Trek

You called it better than I. They shook it down to 272 now it’s 300 in a blink. May have an order to fill.

Just seems an odd move on lowish vols. being chased back up though!

Usual caveats

Trek