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I'm expecting a 1st half update in say 6-8 weeks time. Be interesting to see any progress on integration. However both are complex companies so it may well be a series of small steps to achieve efficiencies/cost savings. Cross selling will also take a bit of time IMO. But I'm very optimistic re the long term.

Hi ABLE, not to sure I understand your point but I don't have much of a view on markets in general. I take a view, and a gamble, on individual companies in particular.

I currently hold 11 companies of which only 3 are divi payers. If the other 8, which I classify as start-ups, actually, progress to profits and dividends then the SP should rise anyway even if we're in a bear market.

Woodford was rare in that he was very open and he published his holdings so any investor in his funds could easily know what they were buying. In spite of that he has hit real problems which has surprised people. There were very few people who predicted the fall before it happened but an awful lot criticised his holdings with the benefit of hindsight.

If the shares I hold come good then I intend to retain holdings but cash out profits for re-investment in certain Investment Trusts. Because they are "Closed" Companies it's the share price that takes any hits leaving the investments alone. With Unit Trusts because they are "open" the underlying investments have to be sold, often at a fire sale price, if holders want their cash back. This is why Woodford froze his funds.

Bed & Breakfast ISA?

Hi ABLE. The market is extremely complex. It operates on fear yes but also on greed. It also operates on optimism and pessimism and also future expectations and past performance and many other factors. In the Neil Woodford case there are a host of facets not least the hype and advertising surrounding the launch. Check it out.

It is a fact that the number of PI's and II's prepared to invest in start-ups is quite limited. The number of investors for established company's, particularly as you say ones in "very good health" is totally different and far exceeds the numbers both in participants and cash invested.

Once a company pays a dividend it automatically hits the radar of a far greater range of investors some of whom may well dip their toes in the water. The bigger the range of investors we appeal too the greater the chance of share purchases.

In order to achieve a real lift we need to spend the acquisition fund positively and declare a token divi IMO.

A small token divi will not cost a lot and we are a cash generative company anyway. My thinking is this 1. A maiden divi will be a form of advertising in itself. 2. It will demonstrate that the Bod, who up to now have an excellent record, have confidence in the company. 3. Importantly many II's and PI's only invest in divi paying companies, consequently we will open up a whole new, and very large, market for our shares.

After all it's not as if we can't afford it.

Excellent appointment - bags of experience and skin in the game. All we need now is the sale proceeds from river Group and we're up and away!

Hi Taly - I don't think the comparison between the 2 companies is valid because of he extra capital a start-up consumes in capital expenditure. But did you notice that while both had sales increases one has a cost increase and fox has a cost reduction. This is as might be expected.

However the mark-up from Mermeren is fantastic and shows what we can achieve. As a plus point if Stone Alliance is successful then it will blow of our tiny little socks!

I was a little disappointed with the results but prepared for that as delayed results are rarely good news.

However the progress since then is at long last (and with Fox it is at long long last!) looking good.

Quarries. The recent acquisitions have cut down on royalties and we now have increased equipment and manpower to expand production.

Factory. It now appears that all the machinery needed is on sight and with double shifts we should be able to not only process orders but build up stock.

Sales. Always the key. However the Temple contract alone is equivalent to the total 2017 revenue for the next two years - and the customer is a serial temple builder!

And finally not only do the finances seem to be under control but, Gor Blimey Gov, fundraising has started for Stone Alliance!! Now that would be the icing on the cake.

Hi Max - didn't mean to seem upset but I genuinely didn't know what you were referring to so apologies.

I think RNS Reach is cheaper but I'm not sure

Max. Further to my reply to your post about TPG that you posted to me on the SRT share chat board. Please stay on the relevant company board. It avoids confusion.

My lack of comment is because of you anonymising the company concerned and so there is literally nothing I can think of to comment about.

Max. 1 thing. This is not the TPG share chat board. See you on the correct board.

And again and again I'd say.

Coggings as been berating the company for it's lack of action again and again and the Chairman buys 900,000 shares.

I wonder, who has made the right call? - hmm...….

yin

Hi Gunthorpe, Just two weeks a go you said "Spoke with someone far cleverer than me over the weekend about this"

You then bought but since then you've made several negative posts. so was he wrong?

There seems a lot of negativity re the above recently about lack of sales announcements but the good news seems to be ignored.

The last interims showed that revenue increased by 160%. Expenses increased by a third to promote various initiatives but the losses halved. Shareholder's funds trebled. It's not all bad!

I'm actually looking forward to a positive year end.

Hi Goggins, I cant help feeling you're a little pessimistic here. Have a re-read of the April trading update. Not only is every metric on the plus side and we made sales in 30 countries but cash at hand went up by almost 500%!

In addition we've since got 36 new products and no debt. The timing of the acquisition means that the half year point in September will give a good indication of how things are integrating.

Have a re-read of the placing RNS of the 17th April and section 3 of Yourgene's strategy and rationale.

I have to say I'm not to sure that woeful quite cuts it?

If this 1.5p SP jump remains then my last two little top-ups actually break even!

Contract coming on down the turnpike?

The senior management team have a wealth of experience in growing businesses. Lyn Rees has not quite completed his first year. Elucigene has a wealth of products to exploit.

Consequentially when the year end March figures are released there will be an opportunity to update the market. My guess is it's going to be pretty damn good. Also the current year will have the full benefit of the acquisition so promoting both revenue and EBITDA.

I also believe that there is a potential for more takeovers as Rees seems pretty predentary (in a good way of course!)
I think we are on the verge of real solid growth.

It's awful twix - no new contracts and we only had a 45% increase in revenue last year!

I'd be happy with 8p. however if we actually do get the full buyout cash then, providing the recently announced deals happen, 20p is achievable plus divi's!!! Ah, me and my dreams!

Hi jsmith, The share price 2 years ago was around 60p. Not to sure when you bought but a temporary reduction is to be expected. At this price it's a buy.