Member Info for TribalHound

The window of opportunity is ours for the taking at these knock down prices.....
...... anyone adding now will look back at these heated discussions in 12 months and simply laugh.
Whilst still underwater - my average price is now 2p a share - go big - or go home.
We all have a choice - sell out now or ride the storm. Just keep from FUDing on every post.

For anyone that's remotely interested - I posted an idea on TradingView for VLS back in Jan 2020, which played out very nicely during the global pandemic crash.
I've posted a newer one a couple of days ago - which, subject to any bad news, looks like it represents a fair assessment of where we are heading.
I doubt, as 'Expatbrat' says there will be another placing all the time we are in a downward trend - Typically on AIM prices rise before that happens. Somewhere above 8p would be a more appropriate level.
However, with Japan airlines flight completing last month & the appointment of KPS for production what VLS needs next is a run of good news, a related rise in price and then I'd expect a significant raise towards new plant / production facilities.
This might be from a specific set of corporates or via a short term 'Primary Bid' raise for IIs - either way, I doubt PIs will be given a front seat and an easy ride.

at 15.195
6.5% = .0988
The price just spiked down to 14.21
Which is 15.195 - 6.5% exactly

More likely than a take-over would be a fund raise.
With AIM you can almost guarantee - when PIs are in profit new shares get printed for the institutions to get on board - usually at a considerable discount.

Just shilled a couple of trading chat rooms - raise a little awareness and price has gone from 13.5 to 14.15 - not taking responsibility - but raising awareness never hurt

They can have some of mine at 23p since my average cost is just under 6p ;)
Keep it going up boys !!

And just like that - a 20% dilution and no opportunity for Pre-emption for existing investors.
Gotta love the way investments that start to do well can gift a significant entry to the big boys who missed the boat.

https://www.lse.co.uk/rns/QFI/issue-of-equity-flelywk4dfy1i6x.html

RNS says it all.... convertibles from 3.2p - somebody's dumping to get their 'cash back' - which they'll no doubt use for the next round of convertibles / warrants

https://www.londonstockexchange.com/news-article/EQN/equiniti-group-plc-revised-proposal/14954393

Once over £3 a share and even the current employee 3 year SAYE has 8 months left to run with an option price of £1.77.

So £1.80 represents an actual loss even to the employees that have contributed since 2018 - let alone those employees that 'believed' in the company enough to have been buying shares since EQN first floated in October '15 (floated at £1.52)

From March '17 to March '20 they have traded ABOVE £1.80 - in fact they've spent longer above £2 than below it.
So the reality is - just under 6 years since first floating they have effectively only risen 28p (probably less than inflation).

Any recommendation from 'The Board' to accept £1.80 is just a cop-out !! -

Makes you wonder if the old CEO was ousted for not wanting to sell so cheap and the new CEO accepted the job on the basis he'd agree to sell and bag a 'quick profit' in the process ??

Unless the board thinks they're going downhill rapidly and want to bail out they'd be better off waiting 'post covid' when the price will likely rise back to £2.50 on the strength of a general market rise.

We've just coming out of a Global Pandemic.
EQN have spent the last quarter under temporary leadership
The new CEO has been in position barely a month - but already had a sizeable pot of shares before joining
Share awards to the BoD are mostly part of a 5 year incentive for the new CEO and options for the remaining directors.
Their clients include most of the FTSE 100
They process & manage share options / dividends / boardroom reporting - most companies have barely this service over the last 12 months.
Pre-pandemic the price was undervalued around £2.30
Inflation is coming - so prices will rise on that alone.

Sure they made a big mistake not reinstating some kind of dividend, no matter how small, but that will come and the markets will regain some confidence when their client base is more active again - instead of preserving capital.

Any bids below £2.20 will almost certainly be 'considered' then rejected.
Any bids below £2 will be the source of major amusement to the BoD and employees

Personally - I think £2.75 might be considered if the board want new jobs elsewhere or are close to retirement, but I will certainly be voting NO DEAL below £3. Between £3 & £4 I'll give it some serious thought.

After all - most of the board & employees probably paid close to £2.00 for their shares.

As always with any company that has a potential future the MMs just short it to the ground so they can take as much %age for themselves as possible.
Whilst the results have not been brilliant for EVRH / MVR / NAPS (or whatever they want to be called this week) you can't deny that Gore's investment was just miss timed as the world went into lockdown and Concerts / Theatres ceased to exist. In addition dilution is never heathy for the PIs - but a welcome entry for larger institutions who missed a good price.

You can (practically) guarantee that when performances resume they will want to catch up on lost revenue as fast as possible.
While a theatre might only have 2,000 seats - or a concert capacity of 20,000 - the ability of audiences to 'Virtually' attend means that capacity grows to millions who are no longer restricted by geographic location or lockdowns.

I strongly believe that sub 3p a share is just large investors over-shorting and buying up everything - when the lid comes off and the world begins turning again you'll be glad you had a chance to bulk up - as an LT investor I certainly haven't squandered the opportunity, but I might just be taking some profits off the table once I'm back in the black.
GLA

A simple rule:
Buy / Sell any shares inside an ISA and there is no tax to pay on profits and no tax to pay on dividends - money can be added (max £20k / financial year in cash or shares transferred in) and can be withdrawn (tax free) anytime.
Shares listed in UK markets are subject only to your broker admin, management, and trading fees.
Shares listed in foreign markets can also be traded (where your ISA provider permits) - for USA Stocks you complete a W8-BEN form (every 3 years) which means you pay no USA taxes either (It's like a trade agreement between UK & USA).
For stocks you want to transfer into an ISA, some allow you to deposit 'the shares' - for others you have to sell outside the ISA, transfer the cash and then rebuy - it's termed as a Bed & ISA transfer.
I hold stocks from several countries all inside my ISA - with a little paperwork ALL the gains and income are tax free.
Hope that helps.

IMHO anything south of 1.90 (the price of Rights Issue when EQN purchased the Wells Fargo share dealing in 2017) represents a 'value' discount to investors in todays climate.
With no notable increases of shares in circulation (outside Director bonuses and Employee Schemes) since that date the true Market Cap should be hovering around £700m (even allowing for Covid) - and the outgoing CEO had always publically said it was potentially worth £1BN (more than enough to be back in the FTSE 250 where it belongs) with his intention of entering FTSE 100 within a 5-10 year timeline.
EQN have relationships with 70% of the FTSE 100 - and that in itself is something any potential bidder will know the true value of, let alone the insight they would get through it's Boardroom and Share Dealing divisions.
Sure - the price has been beaten up during the pandemic, and some will argue it was already beaten up before, but we all know Private Equity firms are the modern day bandits, so whilst Sky News might post 'an offer' it doesn't mean it's going anywhere.
Management should stay strong and stand their ground here (as should shareholders in any voting) anything less than £2.50 per share is simply selling themselves down the river.
In the interest of openness, I've been DCA adding below £2.40 for 5 years (most sizably below £1.25) and trading the odd peak and trough - anyone fortunate to sell the 2017 / 2018 highs above £3 will surely have taken advantage of any sub 1.20 re-entry opportunities.

schwee said "no announcement from either the alleged buyer or Equiniti" - you posted a link to Sky news rumour that clearly says "An Equiniti spokeswoman at Tulchan Group declined to comment, while Siris, through US media relations firm Abernathy McGregor, declined to comment" - so it's just a rumour.
Considering when Equiniti bought Wells Fargo share trading barely 18 months ago their 'option price' for the raised was circa £1.80 this is likely to fizzle out as a low bid.
Looking at Equiniti's balance sheet they have a sizable cash runway so should almost certainly just be looking at this as 'an interest' that at least needs to be closed to £1Bn to consider seriuosly.

BP. / ITM / CWR / DRX / BSIF / UKW / GRP / TRIG - or use the AIM Watch - https://aim-watch.com/sectors/alternative-energy/
All (although not obvious right now) are either already heavily into renewable energy or heading that way.
Or through Seedrs you could look at companies like Nova Innovation & their rise in Tidal Energy supply - a market still in it's infancy.

Nice idea - relive the nostalgia - revitalise the brand.
And let's not forget, all those spotty teenagers that grew up with Napster and downloading limitless albums for free are all grown up now - they have families, responsibilities and more importantly good jobs and money to pay this time around.
Where we're going - we don't need roads.

Premier Investissement are not the only ones increasing their stake.
I originally got into XLM by 'buying the dip' in April '18 at what now seems like the dizzy heights of £1.70 - how was I to know that dip would lead to where we are today?? (although marginally better than where we were yesterday, and the day before).
Thanks to ye olde 'double down' (something I've done several times with XLM) - most sizably between 16p & 27p - I can finally say I'm 'In Profit'.
To all older timers or new comers alike - may we pray the the runs of misfortune from Google ratings to options to a global pandemic are finally behind us as we see green shoots, trans atlantic new openings, and vaccinations to finally put XLM back where it should be.
GLA !

Manipulation is one thing - but you only have to glance at the companies vital stats and the way the whole world is turning to renewables to know it's so undervalued right now.
Add to that the accumulation by the likes of Schoders and the general chat here and it's a no brainer to add on every dip.

So glad I found this (unloved and undervalued) little Gem in December....
After a 300% + rise in the first few weeks of ownership I took the opportunity to take some profits and rebought at 1.75.
I now own a bigger slice of IDE than any other stock in my portfolio.
A couple more RNS with good news and we'll easily break 10p a share once the news spreads. Definitely will be squirrelling these away until after that. GLA !

MMs probably borrowed a few shares from Shroders to push prices down a bit - not seen a TR1 from them yet this year, so clearly they are bag holding....
With MacDonald adding a sizeable chunk here it reassures against a raising anytime soon.