Member Info for Tyma

Very interesting analysis. Thank you. Of course even fully contracted companies are able to take advantage of higher energy prices as they enter into new contracts. This is why I believe the disparity in premiums between say FSFL and UKW is overdone

Agreed. I have bought some today.

Now much cheaper. I have bought some today.

It would be good to get a timetable for the Annual Report, the AGM and the dividend.

You are lucky living in Orkney. It is such a wonderful place.

The trading update is even better. This company continues to deliver positive surprises.

The CBIL is a coronavirus loan of £1 million from Barclays. This is disclosed in the last annual accounts. I assume this is the term loan shown in the proforma.I don't know why there is also a CBIL asset in the proforma, unless these are funds on lent to the sold businesses and to be repaid by them

There seems to be about 6p per share they could distribute unless they have more ideas on spending the cash. They could then do a share consolidation.Hard to be sure since the proforma balance sheet shows an asset of £444000 for a CBIL loan advance yet they seem to be planning to repay the whole loan.

At some stage we will hear about a distribution which might act as a catalyst for a rerating.

If the SID did defer the meeting with a major shareholder several times I can understand them escalating it. There are valid concerns raised in the letter which need answers. However given the discount on net asset value I still rate this a buy.

There is a pro forma balance sheet in the 19 January RNS

Well said