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How rare is it that a major broker initiates coverage with a PT more than triple the previous settled SP? CPI is a complicated business that has tripped my thesis up more than once but if Canaccord have done the analysis and come out with this sort of unequivical statement, well, maybe there will be a happy ending here...

Looking at the share price recently, maybe it should've been shortlisted for disappointment of the year....

The continual share price decline is what's not to like. Briefly touched 200p this morning. Only bought 3 weeks ago, already down 25%, not great.

1.1p per share would be nearer the mark based on past payouts, but, no, they're prioritising investment which they reckon will be more profitable in the long term.

0.11p is a joke - about as low as you can go - no wonder the sp has dropped so much recently!

Your wished for 'charge and a rerate' seems to be well underway. No complaints from me.

Yes, and as bullsit reminds us, often accompanied in short order by a raise. Easier ride for Jako at the Q&A though...

Verici? Ha, that's another one! I sold my remaining Verici shares on 11th October 2024 for 5.6p. Those shares I had bought for 21p, so I took a 75% loss. More by luck than judgement, I had accumulated some previous trading profits on VRCI, so net, net I somehow walked away breaking even on that one. Today VRCI's share price is 0.6p so it would need to 10-bag in that "mother of all recoveries" to get back to where I sold. Not trying to be clever, just illustrating a bit of one person's investment journey with biotechs. I learnt the hard way that it's a mugs game. The only time investing in these blue sky ideas makes sense is when interest rates are zero and there's money-a-plenty to speculate.

As usual the share price dropped almost 50% in advance of today's Results/profit warning.... insiders playing the market no doubt. And does anyone really think looking after PI's interests will be a priority when the sh*t finally hits the fan? Of course not. We've just been used as a cash cow - a dumb cash cow - only to be discarded when the time comes. It's companies like this that have given AIM such a toxic reputation, it should never have floated. I sold half my shares (at a big loss) for 5p many many months ago, but I don't actually know why I kept the other half.

Yes, these are poor results by any measure.

Well, this one is going down the plug hole after a brief life.

That's investment trusts for you. Some slightly left-field whacky ideas in there, which has a good side in that one gets exposure to ideas and types of assets that it would otherwise be impossible to, but, inevitably, some are or will be duds. In the case of LABS, I don't think it was a bad business idea (transforming commercial/office space to high quality labs, potentially improving value), but the Trust's inception in 2021, just before interest rates started rising and the health/tech sector declining, couldn't have been worse timed.

I never invested a lot into LABS and am now 75% out anyway, but with the rest I think I'll see the (wind-up) process through. They say it'll take 18 months and who knows, they might realise meaningfully more per share than the current 38p.

Disposal RNS this morning, seems the spouse of a NED sold £280k's worth of shares.

Presume no aspersions on the company... maybe she wanted to buy a cottage??

Excellent read, thank you. I'm better informed about Water Intelligence than I ever was. hard not to conclude that I made a mistake.

I can understand why they might do buy-backs, but my query is whether it's working. Looking through a few RNS's, the amounts look paltry anyway, so it seems more of a PR exercise. Rather, they seem to prioritise spending their spare cash by taking franchisees in-house. I'm not convinced this policy is working either because there's not much progression in the financial metrics over the past 4 years.

Only £50m market cap, I also worry about some sort of corporate action that leaves us PI's high and dry. Do I trust our esteemed exec chair and his 28%? Not really.

40% down on my original investment. Thank God it wasn't huge. After 4 years experience of WATR, no way would I add!

Dreadful. 'The Oak Bloke' called time on this share a couple of months back, saying it was his worst bet of 2024, Should've listened.

The share price just keeps falling....

Comforts? Well, cleverer people than I contributed to the last capital raise at prices higher than this. Secondly, in April the CEO bought £30k's worth of shares on behalf of his children at a price of £12. Finally, the value of trimming: I've been trimming at prices up to £14, so profits have been banked thank god.

Discomfort? In my wisdom I added at £11.20 back in February.... whoops... now we're at £7.50 but I can't bring myself to buy more...

I took the time to watch the presentation on Investor Meet Company. I recommend others do. I have not seen the CEO and CFO so positive about the future. The whole atmosphere is so much lighter compared to past presentations! And they seem much more focussed on costs and preserving cash, in stark contrast to their spendthrift days post IPO. The post IPO performance of TBLD's share price may have come as a bit of a shock, esp to Alex who owns such a significant chunk of the company, but it seems they may have learned and adjusted. I'm well down on my holding but am actually more hopeful than I've ever been.

I thought that was excellent Fr.Jack.Hackett, thank you!

Possibly the sp is about right then? I think we might already be overbought but the gold price is doing astonishing things, so CMCL could easily go higher. Personally, I've been trimming on the way up.

If I had a smallish holding (as I do now), I'd probably let it ride, but if I owned plenty I'd be minded to trim.

I joined the party on Friday as I felt the share was oversold. Affirmation comes this morning courtesy of a director purchase RNS. It seems the CFO also bought shares on Friday but rather more than I did - in fact about £387k's worth by my calculations! That's collectively over £1m of director share purchases in the past 2 months. Just a thought.

It ain't helping the share price...

Bit of a retrace though. Inevitable.

I read that statement as reasonable caution, particularly in view of their previous poor record of meeting their own expectations.