Member Info for TrekMadone

Extremely bullish now!

Short, medium and long term indicators all bullish,

Need to close at 188 to break resistance. That’s 5 weeks on the bounce of slow steady rises. £2 will go very soon imo then it’s £3.52 long term!

I get it’s on a chart and news changes it all but it should still form PART of one’s investment decision tree. Imo Now is the ideal time to buy, sub £2 before news. There are many pro traders on AIM and they diarise which shares are due news and when to get in out. I think sub £2 could offer a decent cushion going forward. That’s also below Director options.

https://www.marketscreener.com/quote/stock/ONCIMMUNE-HOLDINGS-PLC-27737217/charts/

David, good work mate!
PC01, thanks and it’s nice to be in a stock that could be transformational for people’s health.

ATB

Trek

Well Canaccord just increased their holdings from an already significant position to 18.37% . I thought they may be offloading soon so I didn’t buy more. That is a strange one. They either see this as a banker or they anticipate some M&A imo. More like D4T4 being the predator rather than being predated! Found a home for that cash?

Usual caveats

Trek

Here’s the extract, meant CB....

“LONDON: 6 JUNE 2017 - The directors of ECR Minerals plc (the “Directors”) are pleased to announce that ECR has completed the subscription with Shenyang Xinliaoan Machinery Co Ltd (“Shenyang”) raising gross proceeds of £553,564 from the issue of 55,356,391 ordinary shares at a price of 1 pence per share. On admission of the subscription shares to trading on AIM (“Admission”), Shenyang will receive warrants over 83,034,586 new ordinary shares in total. Of these warrants, which are valid for five years, 55,356,391 warrants are exercisable at a price of 2 pence per share and 27,678,195 warrants have an exercise price of 5 pence per share.”

Trek

This is great news tactically. Trade relations with Beijing and Canberra are really strained atm. I was concerned, as I posted earlier about Shenyang’s holding here. Yes they have been diluted but even after the sale they still have a significant warrant interest in ECR.

I suspect the sale is to enable conversions of those warrants , 6th Jun 2017 RNS (83034586 Shenyang wars 55356586 at 2p 27678195 at 5p. By 6-jun-22). They can only convert the 2p ones atm and I expect that to happen soon.

The JV will then hopefully enable a pathway for the 5p warrants to be offloaded.

However, I hope that CM does not use the accelerator for the .0125 warrants also at 5p. That could suppress the SP unnecessarily, why, because we don’t need the cash.

Allow the Chinese to exit, they have made known their intent.

That then opens up the door for another strategic investor perhaps as part of any future deal. Well at least the option would be there. Don’t underestimate the politics atm from both sides. The acrimony is pretty bellicose. I think both ECR and Shenyang would prefer to quietly go there separate ways.

What does that mean, well we could be banging our heads on 5p for a while but when it clears it’s clear blue water.

Usual caveats

Trek

Some very nice surprises with mask sales; I think they have that one right. It’s pitching a higher end market and the ads look great.

Setcar is really going well. The refinery returns are awesome. There are so many opportunities across Europe for soil restoration and tank cleaning and to get the product back with impurities below 1% with those volumes is staggering! With the poo as it is this is a no brainier to service tanks make them more efficient and pretty much self funded maintenance! There has to be a worldwide market there. I would like to think now the tech is proven we license it out.

To teaser is NexTech, that imo is going to be huge.

I note there were no updates on some of the other vertices, apparel, fire re tardant clothing, grafysorber etc but this update follows the Dec 3 trading update. I would rather have this drip feed of news. I hope it’s a change in strategy to give us a heads up more regularly.

Happy to be invested here and given the ESG credentials it surely won’t be long before an insti takes a major stake. They seem to be decarbonisation all over the shop. Have to put money somewhere!

Trek

Something is happening here. Heavy volume of trades in first half hour and no news? Have we been tipped again somewhere? Strange, didn’t think many peeps knew we existed!

Trek

Thanks for the reassurance weedylan. I only thought we’ve been waiting a year but it’s since 2017!

Look I am a fan of the science just not the newsflow. I never thought even one vax would be launched before our LFD. I get a vax is not a silver bullet, I get it’ll be worth the wait but I just don’t like those contracts be taken by what I think are inferior products.

There’s more at stake here than just the SP. An update on when we can expect our test to be available in the community would be so much appreciated.

ATB

Trek

Hydro,

I think you will find leveraged positions in POG are being closed because of the Basel 3 changes that start from the 21st March and end of June 21.

It’s a significant event. Gold will be classified as a tier 1 asset so the 50% haircut no longer applies any leverage will need need to be backed by High Quality Liquid Assets (HQLA) not fractional trading.

http://www.lbma.org.uk/lbma_media_centre/net-stable-funding-ratio-update

I have posted loads of intel on it on the ECR BB or you can google Basel 3.

Trek

£3

They were June 2019 and 18.

2019 Finals and half year came out at the same time Finals should have been March but I suspect were delayed as per govt covid amnesty.

Tomee, that’s a reasonable assessment. I have read the horror stories and the BoD changes. The finals intimated the worse was over. I do think a raise will be needed. They can’t go on waiting for conversions or issuing stock in place of cash.

It’s not a problem raising cash. It’s one of the many reasons to list on AIM to have access to capital. It’s why you raise it and what you do with it that matters. It they announce a big deal and placing at 2.5 then the SP could actually take off on the back of it.

Atm they are working under the spectre of financial constraint.

I have done more research here and I may buy a ‘small’ amount but no way in the ‘thousands’, appreciating figures are relative.

Usual caveats,

Trek

Yes and they are in the midst of a trade war with Austin they dared to support the US in calling for an international investigation into the source of covid. Incidentally the health inspectors were turned back at the last minute including the UK scientist.

Australia are really struggling as China is their main export market. There are horror stories of lobster being dumped and several hundred % tax increases on wine and other goods. But UK plc see fit to maintain is service sector shop keeper status.

I was not a fan of Trump but at least he read China and stood up to them.

I am not political it’s just how I see it, as an investor you Interpret current affairs.

Trek

I wonder if they are getting these tests to go on the blockchain, it’s in place in lighthouse labs and is GDPR compliant. If the intention is to test and open up the economy you need an open database. That’s where blockchain technology comes in.

So say you run a construction business, a key activity that needs to run and you have employee mobility even internationally. You put in place a testing and validation regime. On the same blockchain is there qualifications, safety training and covid test.

It’s really not complex the tech is already there and if you can get a population to take a vaccine then centralising test data is no big deal. Oh the vaccine data can also go on the blockchain. Will help avoiding mix and match if protection expires!

It’s something that you grow organically and it links into other systems over time. I’m pretty sure it will evolve eventually.

Trek

I have been a long term investor in ARB, bought after IPO, sold and rebought at 4.3p. I sold into the rise. Kept a few. Was a twenty bagger at one point! Helped me build a pf and do some nice things with the money. I will leave what is left in but it was always undervalued like all of my picks. But then we all say that!

I think ECR is undervalued, even allowing for conversions. But they are in the business of finding stuff. Only when that journey begins will value be attributed. Bit like TXP and that even at a 9 bagger is still significantly undervalued!

It you want access to crypto but don’t want to hold the stuff then MODE is imo the best play atm.

My new tech adventure is quantum computing, AI and cloud. That and graphene which will play out soon is what am enjoying researching atm. Much of the maths based science will use blockchain.

Usual caveats

Trek

ActualTruth,

Further to your post Friday and my comprehensive reply. I am somewhat surprised that you have not been able to recognise, yet, the detail of my post. I do still extend you benefit of doubt. However, I have unfortunately met so many ‘investment bankers’ who really don’t know what they are talking about and many other ‘silver spoon’ professionals in my career.

I have like many observed first posts on BB’s from some folk purporting to be an ‘investment banker’ or a retired ‘Market Maker’ or some other erudite profession. They thenoffer what they think is a ‘smart fact’ trying to gain the trust of others just before they go on to sow negativity.

As I say, I do give you the benefit of the doubt but if your intentions are at all disingenuous you really cannot beat Trek. I have DMOR here to the nth degree even to such an extent that I know the companies weaknesses, they all have them but they are in the price and in my risk profile to such an extent that I have a substantial investment here now. Not for me for the kids!

As a father would say don’t mess with the kids! I will be watching your next post with interest, probably at 9am Monday and I reiterate. You have the benefit of the doubt.

PS. I would be interested in the sphere of banking that you excelled in. Because I will have an understanding of it.

Trek

Sharetalk....

“...Bitcoin Jar specialist Mode (MODE) rose another 5% off the back of being featured in the Daily Mail, but perhaps, more importantly, having been runner up in the ShareTalk stock of the year for 2021 last week. The company also managed to find time to be interviewed on ShareTalk, as it celebrated accelerating new client interest and business in the crypto space.”

https://www.share-talk.com/stock-market-watch-rbw-ime-piri-rgo-dish-mtph-gun-arb-mode-dmtr-zoe-xtr/?utm_source=mailpoet&utm_medium=email&utm_campaign=the-last-newsletter-total-posts-from-our-blog_2#gs.pmsf3o

Trek

£5

Carrib,

500k at 2.8
300k at 2.3

I was gonna buy more but eventually topped up on the dip at Mode as it’s been on my watchlist for a while and it spreads a little risk. Not done here yet though.

Trek

Hi Agadem,

“Outside of all the direct news in relation so the oil and gas stuff, I also note and really like some of the softer / indirect stuff that AK has been doing and mentioning more and more on his comms.”

Yes imo this is absolutely essential. We would regularly do ‘bring your children to work days’, community sport sponsorship, work experience, interview help etc you cant do it all but my thing was to really try and help kids get a start so we focused on that.

I was really encourage when the TXP team, 11 employees and the CEO took time out to restore a special needs building in Rio Claro, Trinidad & Tobago. They literally refitted it! And of course they then earned the right to include that in a corporate presentation. It was appropriately down played but it lifts the person from the spreadsheet.

Such things humanise what SAVE are about, it builds a brand. The judo sponsorship, given AK’s love of the sport was a great move, not quite a ‘tominagi’ as they can do more. But it’s certainly a potential interview question should we appoint a new NED.

I would expect AK, as he has to theme this, it should then be lined up and just signed off by him so he can then turn up and ‘kiss a few babies’.

I mentioned before when we replace the NED position I would like to see a candidate with ESG strategic experience because let’s face it the decarbonisation properties from where the country currently is and what SAVE has t9 offer is a ‘gift horse’ to sell at the moment!

Furthermore, there is no reason that they couldn’t later add solar to their pf. It’s exactly the same management skills. Sure it’s out of the box but those are the characteristics I would be looking for a NED to bring. Someone to drive the ESG, diversification and softer side. That imo will reap benefits.

Let’s face it we have corporate experience, business acumen and forensic detail coming out of our ears! A bit like this BB! Lol,

Trek - it’s the weekend!

Hi David,

I did look at DEST, SUMM, AMYT, SAR, N4P, DDDD, TILS, ERGO, HZD.... gosh and quite a few others. Some I traded, some I held I while. Some like ERGO lifted the day after I left. HZD got bought after I sold and another (I forget) in the same week!

I refined my aspirations from shoot to the stars or virtual bust to steady eddy with proven market and a quite upside with still an explosive potential. I also paid more attention to financial structure. That’s why ONC is my favourite choice. Others may do better like AVCT and SNG that I hold but as said ONC you can sleep at night!

Also Adam responds and is attentive to shareholders and, not that it’s an investment reason but I quite like a BB where you can talk both sides with no axe to grind either way.

We had a good debate on the finance, the results and GRAIL. Those were all potentially bear scenarios. That’s as important as discussing upside.

Atb

Trek

270 held over hols, not a bad result. Hopefully sign up another customer soon. The move to on line and change in shopping, surfing behaviour driven by home working is not just genX, it’s ubiquitous across all demographics. The analytics are driving those ARR’s and that result speaks for itself.

Add in the ESG qualities, cash, divi growth and low costs here and it’s very investable. The few shares in issue probably works against it. The SP jumps all over the shop on low volumes as liquidity is tight.

Be interesting to see what they are looking for in a new NED. The right person could certainly set this alight!

Trek

Hi Deagle,

I wouldn’t touch VELA again with the proverbial! I don’t want to run down another stock but my views don’t align with its business model. So I sold. All said good luck with your investments there.

Trek

Hi AtualTruth,

‘If a stock is purely traded and priced by market makers TA is irrelevant. Just thought i would give you all a heads up’

I will give you the benefit of the doubt because you may have retired since Mifid2 and the LSE SETSqx systems have changed somewhat in Q4 2015 following its launch in 2007

https://docs.londonstockexchange.com/sites/default/files/documents/Further%20improvements%20to%20auctions%20on%20the%20SETSqx%20Trading%20Service.pdf

ECR is traded on SETSqx which is a hybrid between SETS and SEAQ. So there is an amount of automation and MM intervention. Also the extra auctions which I assume you would be familiar with recorded in the above document.

Here is a simple explanation of the differences...

“SETSqx is a hybrid trading system, combining features from SEAQ and SETS, and is designed for securities with reasonable levels of liquidity, but which may at times require market maker quotes to maintain levels of trading. As such, the electronic order book is split into a quote book and an order book – the quote book being the listing of quotes by appointed market makers, and the order book being electronic orders entered as they are on SETS.”

https://aim-watch.com/project/seaq-sets-setsqx/

Here is the instrument..

https://www.londonstockexchange.com/stock/ECR/ecr-minerals-plc/company-page

Here is the tech spec which is worth a read. It’s up to date. Page 26 explains how SETSqx is internalised,

‘SETS Internaliser allows participants to elect that any trades between specified Trading Users within the same firm are not sent downstream to Clearing and Settlement. This service is supported on all Cleared services (SETS and where relevant International Order Book and SETSqx)...”

https://docs.londonstockexchange.com/sites/default/files/documents/mit201_-_guide_to_the_trading_system.pdf

So yes TA is applicable but if everyone is happy as we all have, well should have, a shared objective to make money by sharing knowledge then let’s call it a hybrid TA. Lol!

Trek