Member Info for TrekMadone

Phase 1 commencement rns next imo shoukd rinse the warrants through.

Operationally things seem to be going well.

It would be great if TB could at least get a partner.

Anyways this is looking better value now. Look at POLX! Ouch!

That’s the space we have invested in. It’s high risk poss mega high rewards!

Slowly slowly!

Trek

TIME TO BUY.

Just to say that anyone been following my ins and outs to get the average down. IMO now is the time to buy 1.65 on ASK but that is not the reason. Major cap miners are up today and so are most of the small/micro caps. ECR not yet.

That makes today the buy back in day. Any news is a bonus.

Usual caveats

Trek

Look at the chart for IFFX21. It’s a pull back fro 250 to 221.its gone from 108 ish to 221 in 3 months.

It still makes TGA significantly undervalued. Our SP target was still over £5 at 150.

Peeps will never time the top or bottom that’s why it’s best to average in and look at the overall trend.

https://www.barchart.com/futures/quotes/IFFX21/interactive-chart

Usual caveats

Trek

Either Or???.....

“Wholesale gas prices hit new all-time highs on Wednesday, prompting warnings that factories could be forced to shut down over winter or switch to more polluting fuels just as the UK hosts the Cop26 climate conference next month......”

https://www.theguardian.com/business/2021/oct/06/uk-industry-could-face-shutdowns-as-wholesale-gas-price-hits-record-high?utm_term=5e94a9b78d40d6b4b4b6ba3766b755b5&utm_campaign=BusinessToday&utm_source=esp&utm_medium=Email&CMP=bustoday_email

Trek

Added at 458 then 430. Didn’t expect that opportunity! Doesn’t change general outlook, volume of sales or cash so far.

Banking that this is another ‘bear trap’ similar to the 350 to 300 pullback to generate liquidity. Causes folk to panic sell, then off again.

Usual caveats

Trek

Sell half before the ex date, buy them back after in a couple of tranches and then manually re-invest or keep the divi cash when it arrives. I pay £3.99 per trade so it costs in and smooths the returns.

Trek

Now got 5k at 60p at 09:26. Some liquidity back but sub 60p was a false drop. Probably just MM inter trades to artificially show lower price. Probably see single figure trades again!

Will get more later after US opens.

Good luck with your investments

Trek

Ha! Just looked in here and have same problem. I sold a blue chip to top up here sub 60p. Thought happy days. Tried to buy 10k shares not a chance! Went all the way down to 1k shares before getting a trade for 59p! Yet they will take 50k off me in one go!

The MM obviously marking stock down to entice selling.

And it’s not just here. Even my divi payer, GLO and mixed energy play (£1.2bn) is actually +190p to buy but can’t buy any quantity as NT but can sell all my stock! Been completely overlooked by price hikes as well!

I think covid punters are spotting value and the MM’s are trying to keep a lid on it. Hiding behind US jobs reports when that is NOT the SP driver for stocks like PXC.

Trouble is if you send a trade NT you get robbed!

Crooks!

Trek

I understand that you don’t understand, I have read your posts! Lol!

Anyways, joking aside, nothing wrong with a bit of ambivalence but personally I would, assuming one can, reduce a position to a level of interest rather than all in or all out. That way you have a foothold and options going forward.

Objectively, I doubt ERC are going to make a major move until the RC infill drilling gets underway. By then there will, I hope, be a lot of interest. So if I was in the ‘better offers elsewhere camp’, I would then be back we extra money.

For those with a longer view now is the time to add not sell. I am still waiting for sub 1.6.

Anyways as you have cash there should be some ‘easy money’ at MXC & PUR today. The former more so than the later but I may sell into the rise there. Let’s see how they go.

Good luck with your investments

Usual caveats

Trek

https://www.londonstockexchange.com/news-article/PUR/non-brokered-financing-of-c-3-45-million/15162472

C$3.45m at C$1.05 = 61p + warrants

Non brokered means DL rang Ashanti and said hi guys, think I underestimated the last lot. Could you chuck us a few bob more?

Ashanti would be like wtf! What have you got.

8 zone, this time guaranteed!

Ashanti, we are balls deep here now and really don’t have much choice! As soon as you hit that zone DL you are out and we are moving on this. We need folk that can deliver a budget!

So sometimes things get so bad they can only actually get better. At least buying now there is a genuine cushion below the last 4 placing! Only way is up!

Usual caveats

Trek

Hi itsyou,

Glad you are still here. If you added all my sold shares to yours then may be a TR1 from you soon! Lol!

Yes I remember you saying on DCTA bb you were mostly in cash. Probably wise atm. I am on the ‘wall of worry’ hoping for a Santa rally and then will take it from there.

Likewise I gave some back some over the summer. That’s one of the reasons for going for yield now bar a few potential ten baggers (dreams!).

FY is as you say £5.6. I missed off outlook! Hoping interims will be near 10. That would be quite something.

This intrigues me....

“The ImmunoINSIGHTS pipeline of qualified commercial opportunities has continued to grow throughout FY21 and currently stands at more than 160. A number of these opportunities are in late stage legal documentation and, as a consequence, the Company expects to sign these new contracts in Q1 FY22. ...”

The Sept 20 RNS may be one of the two major pharma deals but 160 opportunities...wow!

I am looking forward to more detail on that and I think the guidance could be very bullish. But then I should know Adam uses words more than numbers!

Good luck with your investments

ATB

Trek

Well just tipped some in. 4500 shares. It will show later. I don’t mind buying back and paying more it’s what you sell for that counts. Spread has put the trade £420 down! Not much liquidity here.

Anyways.....

“The Company expects to announce its FY21 results in late September 2021...”

Could be tomorrow but defo soon!

The market may be fixated on deals rather than revs (we could see close to £10m) if it drops because of no deal I will double up. The difference for this on income really isn’t much. But that’s it a plan is a plan! Lol!

Usual caveats

Trek

So our assumed seller has now turned into a buyer.

They must have got trading advice from Lucky! Lol!

Sorry Lucky couldn’t resist!

£5 soon then eh!

Good luck with your investments

Trek

Hi AgentB (tenBag),

She still has some HE1. We sold a load after they lost the drill. It was obvious then that it wasn’t going to be plain sailing so changed mind and took profits. I also later had concerns about the finances (I posted). They are using money now (phase 2) for different things than they stated in the raise.

It was a question of timing. We needed cash and HE1 was a hefty, risky position so sold 550k shares at around 24p that went part way to helping one of the kids onto the ladder. Still hold a few, a much more sensible position, for fun though.

Note the spoofing trades here. Orders placed keep getting pulled, minus sign before the duplicate trade.

Still watching this one and if another comes up this week I hope to flip back in here.

Ps. I don’t hold AVCT anymore sold the lot now and bought GLO, yawn! Lol!

Good luck with your investments

Trek

Hi guys,

Thank you for your kind words. Usually I am lambasted for posting any change of tact. It’s refreshing to hear your comments

Firstly, don’t sell your ONC unless you have to. Look at ERGO as a comparison. I rode them, sold too early but their latest interims were ‘in the price’. ONC’s finals are not, peeps are on the sidelines. ONC could follow the ERGO chart!

Irrespective of the SP in Nov this is nailed on going north or a takeover in the medium term. I held HZD and LID taken over in same week & I called both!

One of the many reasons why I couldn’t hold a blog is I am a very active investor and react if the data changes often quickly. I couldn’t live with the thought that I had lost someone money.

Anonymity suits me. But I have had many many comments over the years that some folk have made lots of money from my tips. Duke and others on ARB credit me with literally £millions! That’s not an exaggeration! I hope they do good with it.

My motivation is not money, it’s the difference money can make. I have enough and would just benefit from a little more income. My target now is to make a £100k charity donation in one hit. I hope TXP and SAVE facilitate that, obviously that will be after family but it’s a nice objective.

Anyways for tips check out LBE if you have the stomach for a potential bumpy ride! I bought at 70p and still have a few as sliced some to buy PAY. Only posted once there but it’s getting to the business end now and should hit £1 soon. Fully funded for 7 drills two are underway and the third will be by year end. Read the interims. Info is in there.

Good luck with your investments

Usual caveats

Trek

I must be honest. I am out of ONC atm. No other reasons than I am selling most and eventually all of my aim/small cap positions even now those I was intending to hold for longer.

I have had to find substantial funds to help family, which I am eternally grateful to be in a position to do so.

I also need more income having used up cash. I have been doing this (high risk investing) as a living for 6 years now having retired at 51 completely self funded from a relatively small starting pot!

I now need to be smart and use my remaining capital to grab additional income. It’s comparatively easy to spot potential winners in the FTSE250 compared to AIM/smallcap especially following covid as their balance sheets have been exposed!

E.g I piled into TGA before the herd, I mean lol!

But anyways...

Remember my first buy here was 85p, I was up significantly and took profits along the way as were my ‘rules’.

But such is the irony that I am trying to scramble some left over cash together to hopefully re- invest ahead of results and for the few weeks after. Remember it takes time for news to sink in here and there is normally good liquidity to sell into following the results.

I am talking ‘just’ around 5k shares now if I can time it.

Liquidity together with income have been some of my reasons for selling here and elsewhere. One of my positions took me three days to sell and that was at a 25% lost. I just had to sell even though there was no liquidity. So that’s the risks I was taking. Be careful!

My sell is absolutely nothing to do with Adam and the team who are awesome! Adam has replied to all my emails and I totally respect him and his leadership and what he has achieved at ONC. This is a £Bn company in the making . £10 a share imo is a given a few years!

I just had to find significant funds pretty quickly else I would be still here.

It’s how it goes but likewise there are things more important in life than shares!

Of course I will still look in. I know you shouldn’t but I do really like ONC! It’s another gem I found ‘all on my own’ like DCTA, D4T4, ARB, NFC and YOU where I don’t post and have multi bagged on a relatively quiet BB. Then of course the covid plays most, well all bar SNG I have now exited. I only have a few SNG just in case! But all is now for review!

One gets tired doing this every day. It’s what it takes reading so many RNS’s & media searches every morning. Not a complaint as it’s easier than my previous but I am looking to now completely cash out.

My ARB average was 4.3p there was hardly a post. I just sold the last at 160p! That’ll do! Thank you.

Good luck with your investments.

Gradually easing myself into the sunset!

Usual caveats

Trek

Lets assume our drills will be for hire during ‘non drilling periods’ or even for sale/inclusion in JV...

Leave it at that and think laterally around price, demand availability.

We know of the demand in Oz especially inVictoria for drilling services but where is the price going?

Power outages in Shenyang....

https://www.ctvnews.ca/business/chinese-switch-to-flashlights-generators-amid-power-cuts-1.5604818

Chip shortage hitting the mining sector...

https://www.ft.com/content/36b8dfd6-6818-44f2-8e86-b1fee7ea4ed5

Oz international lockdown eased... well it was a kick in the balls so we should now benefit from demand taps!

https://www.theguardian.com/australia-news/live/2021/oct/01/australia-covid-update-live-national-cabinet-vaccines-borders-scott-morrison-gladys-berejiklian-daniel-andrews

Remember Shenyang Machinery exited ECR,

https://www.lse.co.uk/rns/ECR/tr-1-standard-form-for-notification-of-major-holdings-qoumqnbmr3tiabt.html

didn’t take long to sell 8% incidentally but they have warrants still.

Also you have the ongoing trades dispute with OZ and China (if you don’t know about that imo you shouldn’t be here!) curtailing Chinese investment... remember this...

https://www.bbc.co.uk/news/business-56234776

Oh then chuck into the mix real estate rises in Oz last year 16% was it and even with fiscal changes there is no guarantee that further rises will be tempered... and if you dig you will see suburbs dip and the sticks are rising! Perhaps a hotel in the sticks next!

https://propertyupdate.com.au/australian-property-market/

Then as I posted before you have our neighbours getting into bed together.

Welcome to the lateral mind of a CEO before she/he even awakes!

And there is so much more even ignoring macro!

Imo we are gonna get hit big time left-field here!

Usual caveats

Trek

This is still on! Merck could have a “multi-billion dollar opportunity” that’s only 50%!

All covid ‘treatment stocks’ hit.

https://www.marketscreener.com/quote/stock/ATEA-PHARMACEUTICALS-INC-114338425/news/Merck-COVID-19-pill-success-slams-Moderna-shares-shakes-up-healthcare-sector-36574509/?countview=0

All said being honest if l was around I would have sold at least some and bought back cheaper like I have many times before but I couldn’t. Doesn’t change my views on the stock but it helps understand why the SP ‘dipped’.

Everyone’s situation is different but this time I have factored this news in as a hold. I expected a run up Sept/Oct so bought back but one can never time events.

End game is still on but for balance if folk that can’t wait until next year with Christmas and uncertainty etc I don’t blame them exiting now. It’s just how it goes and that is not a reflection on RM. He’s done a great job!

I hope those that have to leave find an opportunity to get back in!

Good luck with your investments

Trek

Don’t hold here yet as busy elsewhere but it’s on my buy list - again!

Totally agree with your view stock. I have been selling my smallcaps now for easier pickings. Most have bagged but tech, Pharma and miners have since struggled generally. Quality/individual exceptions aside. On the higher mcap I think one has to run a divi cover and growth prospects alongside the macro. For insurers, they are a halfway to banks pending any hawkishness and tapering....

My filters pick up....

PHNX - for yield, divi, tier 1 cover , TA recovery. SP hit following asset sale miss. Really not an issue!

MNG - market hasn’t priced as relatively newly listed but high yield covered + transformation underway and intent on value return.

Av. - Divi well covered following covid cash skip, asset sales and shareholder returns.

DLG - divi well covered, share buyback, Director buys. Transformation underway. Peeps not driving travelling as much.

GLO - a little gem! 6.8% yield atm quarterly and in USD! Energy sector but price lifts not included yet. Even though 1.2bn mcap hardly covered. Assets are outside UK so shouldn’t be hit by any windfall tax. Energy mix, solar, wind, gas etc. Signed up to 10% yoy divi increase.

For me borderline is LGEN as lots in the price but I would buy...

None of the above are for capital gain I just treat as income.

For banks yes agree especially if interest rates rise but I haven’t any because insurers are less cyclical. Banks gain on one hand then loose on another even in recovery.

Copper...

PXC - Copper, I agree on macro and for me the best investment is PXC. US based, funded explorer with several mines about to come on stream next year. Have other metals as well. Some great drilling results, about to list ADR’s. Following funding management intent on self funding going forward. I have tipped others into here now. High conviction play. I only want this for the capital gain for now.

Energy...

Well BP for a safe play and quarterly divi. On a small cap basis LBE, IOG, DELT & KIST are perhaps pick of the bunch for geo and risk reward potential. I held all at some point and still rate as buy but for turbo charged potential with still a responsible balance I back TXP which is my biggest single investment and then SAVE, now suspended pending RTO.

All will benefit hugely from energy price increases...

Then there is coal. Overlooked? Check out the TGA chart. I am looking forward to a huge divi there well covered based on 30% fcf! That’s like a 30-50% divi based on my entry price and it keeps rising + shares are 200% up!

For funds/trusts etc I am not interested. Rather make my own decisions.

To hedge inflation gold. My top pick is ECR in the small cap space. It has own drills, land etc Then for a producer, PUR. That’s catching the bottom. Sp bombed out! But the work is done now and it will imo gradually rise back up.

Interest rates/tapering etc not this year can will be kicked again recovery stil

I used to hold here. No axe to grind either way so good luck, but for risks. Just for info, apologies if already discussed.

https://www.sciencealert.com/how-artificial-diamonds-are-made-microwave-methane-gas-lab-ethical

Trek