Member Info for triumph1

BB's better lock up their WAMs, the pros will be back in town soon.

MAB are breaking the laws of gravity. A more deadly virus? Longer lockdowns? Surely pub stocks will go up tomorrow.

Madness!

Considering Next and another US contender pulled out of Arcadia bid. So much for "front runners". Shows how much 5h1t the media prints.

Boohoo must be right up there now as front runner. GLA

That's exactly the right attitude Steve. Nobody likes dilution but it is a very necessary evil for a company like XTR. 4.5p is far higher base than before, and CB does help the long term SH by making the most of his placings at the expense of traders so long termers should be as pleased as one can be with a placing.

I'll let the dust settle and perhaps float some funds this way as this project looks promising. Certainly wouldn't throw the kitchen sink in however as have been caught out by CB and his predecessor JN on XTR before. Thankfully got away with a negligible loss that time, but has left a lasting impression that you should never over expect and always under expect with XTR.

CB, not Jan Nelsen apologies. Two infamous confetti cannons relating to XTR there

Like in true JN style, A corker of a placing. I saw some of you guys call it yesterday...although no brownie points for that one as JN is so predictable with his placings.

The old saying "fool me once, shame on you. Fool me twice, shame on me" comes to mind but i am guessing the traders who haven't been acquainted with Jan were the ones left high and dry. But to be fair to JN, its a decent raise at a decent price so don't go to hard on him guys. Its all for the greater good.

I see porky hasn't lost his sense of humour. £100 SP will value this company at £7bn. A fair bit of work to do yet before talking about those sorts of numbers.

Phase 2 would see the Mcap cross £1bn. An RNS with phase 2, Shaun's estimates, 2021 guidance of 1bn+ revenues plus a fat contract win in USA would be enough to get to £30 -£40. Grow revenues into 2022, then the company may earn itself a p/e rating and could approach £100 in 2023 if a new phase of growth re non covid related products begin to establish themselves.

Of course, this is like saying if the numbers 1,4,19,22,44 - 2,7 were drawn on the euromillions, I would be a millionaire. It's a game of odds and a lot of luck to get to those levels. Admittedly lady luck has shown her cards to novacyt over the past year in the form of a rampaging virus and since november it is clear to see this virus is not dissipating as fast as everyone had expected. It's now about novacyt playing the hand, which we are close to seeing how well they have been.

Anything above £250m would be very impressive. If Shaun's £500m is hit which I personally doubt, I would be the first to concede and eat humble pie.

A placing but the SP goes up? Quite a generous placing price too! I must be losing my touch as I cannot fathom this one out haha.

Investors getting ready for the depression after governments turn off the money taps? Usually does well in times of depravity. This is the only thing I can think of. I mean, it cant be for the record breaking revenue made in the last 3 months right?

Continues to drop as boohoo get cheaper and cheaper. P/E currently is probably about 35x presently, with forward 12 months dropping to around 28x on current forecasts. This is historically very cheap for BOO (if not the cheapest), and has to be one of the cheapest rapidly growing stocks going. Earnings growth is rapidly outpacing SP growth and eventually things have to turn.

A SP of £5 in 12 months will give a P/E of about 46x. Not exactly a big ask historically speaking. If this goes anywhere near 300p i will buy another 10,000 shares.

A silly over reaction. A 2% increase in prices is not exactly going to send people flooding back to the high street. 40p on a £20 item really wont break the bank for most, so really is quite immaterial.

Im heavy in boohoo, but perhaps could be smart to throw funds this way instead of topping up BOO as both have dropped back by similar amounts on equally impressive earnings. At least you guys haven't got the press baying for blood every week regarding scandals.

Could someone, perhaps an investor explain how JDW and MAB continue to levitate despite no revenues scary levels of debt and the ongoing situation which looks very unlikely to change until Q3 (if it changes at all) whilst keeping a straight face?

I mean, who is buying this and why?? The Mcap is closing in on pre covid levels!

For BOO to rear its head just above water. Good for mental health i think haha.

well Uddin, you are certainly a glass half full type of guy with that statement. I think that is probably the best possible spin on things although must be the least probable scenario. I mean, what company in their right mind would voluntarily remove themselves from the biggest market in the world who happen to have the most cases?

More likely, ODX pulled the test due to them knowing they would fall short of the FDA accuracy requirements, saving them the disgrace and embarrassment of effectively being struck off and stoping short of FDA from spelling out the obvious which could cause a wobble here. Of course, still a big market for ODX in the UK as the govt seem to be in too deep with LFTs to U-turn.....for now.

Advantage PCR

TMT, NM was adamant to go this alone and has alienated BHP and newcrest in the process by inking the franco deal and has practically made enemies of everyone holding a large amount of SOLG shares. At one point long ago this would have provided SH with a decent uplift but the JV door is now firmly closed as I cant see BHP and NC partnering with SOLG (or NM) such is the bad blood between them now.

If NM goes, and the new CEO is much more willing to work with the majors, of course this could change. But I dont think the majors would be interested in a JV with anyway as they want the lot and removing NM makes this possible.

Certainly an interesting case study SOLG. Been in and out several times over the years but never fully committed to the long term hold due to concerns that if NM wanted in on the long haul, there would be very little left for us SH as we would get diluted to oblivion and left with practically nothing by the time SOLG were in a position to produce. The Mcap is creeping up, but the SP has not over the long run. The franco deal gave a glimmer of hope re debt financing or financing via some other means but the majors did not like that at all.

Most long term holders here must be long term due to the fact that they agreed with NM strategy and wanted to see this company turn into a major. If the rumours are true, I can see a selloff by those long term holders who were to see this become a major which is most of the current investor base as NMs plans have been known for a long time.

However I am guessing short/ mid term traders/ investors may pick up some of the slack left by the long term holders in anticipation of an inevitable takeover bid.

I genuinely think a takeover is probably the only way for current holders to see a decent appreciation on SP here.

Totally bizarre reaction. You have the likes of the hospitality sector such as MAB rallying 3% despite the fact that revenues are down 70%, 12 weeks of cash left to survive, huge debt and have already said a cash raise is needed to stay alive. Then you have BOO with another set of smashing results, growth engine firing on all cylinders with a mountain of cash....but tanks.

Am I missing a key part in this investing malarchy? What on earth are UK investors thinking??

Another tech company blue prism wanting to ditch uk and move over to US because I quote from the CEO "british investors did not have enough understanding of tech" which crashed at one point 25% for reporting 40% growth! This is the growing sentiment among high growth stocks which is a great shame.

BOO are growing rapidly into US markets and havent even scratched the surface there yet. It is certainly possible to become listed there but I do get the feeling the kamanis are not too fond of increased regulations and regulators sniffing around. Perhaps this is the only way for BOO to see fair value?

You do have to feel that the market is nitpicking at the report now, perhaps to try and explain the SP reaction, but this naturally causes a magnification of the issue when in reality and in the grand scheme if things, is immaterial and very minor. In some ways you cant blame them after the huge scandal that gripped boohoo, but then again it is obvious that this issue has not touched our top line.

A 40% growth with medium/long term targets of 25% are numbers the vast majority of companies couldnt imagine in their wildest dreams. As long as that top line growth continues, the EBIDTA spigot can be turned on to gush at any time if/when the company chooses.

Perfectly happy for the company to keep investing making the company more efficient, streamlined and bigger. Great companies such as AMZN all follow the same principles of growth.

Dan, I suspect it is due to the fact the US have not had a lockdown since the month lockdown back in march so growth has slowed a little since then.

Nothing more than a self fulfilling prophecy from last earnings caused by traders selling. You really couldnt ask for a much better report than that. Totally bewildered by that reaction.

And uk investors wonder why high growth/tech dont list on uk markets. The rise off this news will come in the next couple of weeks. Absolutely convinced the smart money will come in and drive this to an all time high in the coming weeks.

Very nice trading update. Not much wrong with that one. Massive increase in projected growth.
Very nice market surprise.