Member Info for Urraca

Paid. Starting to feel quite exciting now. I'd imagine funds will be queuing up to invest in Atome, to give themselves a patina of greenwashing.

Very amusing. I was somewhat surprised when the selling started yesterday afternoon.

Ok, I know he's lost a lot of credibility since his outstanding performance back was it 2015? But still, his latest blog says this about PPC "I continue to be amazed that the President share price has not yet taken note of the continued operational success in Argentina and shortly Paraguay nor that the Atome dividend to come shortly, this should be huge. "

Only $6.5m was owed to unaffiliated 3rd parties as at end Dec last year, the rest is owed to Levine. Can't see him foreclosing somehow. And they were cashflow positive last year, even with the collapse in oil prices. With the huge price rebound this year, they should be coining it. It's very hard to see the very modest levels of debt, especially compared to O&G peers, being any real concern. IMO.

I see he's covering PPC in his private blog. Anyone use it, and can give us a summary?

Very hard to buy. I managed to pick up 3 tranches of 100k shares by persevering through multiple fail to executes.

Long long time since I've been invested in PPC. Always kept half an eye on it though. This news looks good.

Hi guys, I'm back. Looking good for a serious rise this time.

ABDX said "which would, if concluded, lead to the outstanding monies being substantially collected and resolve all outstanding disputes with DHSC." Pretty positive. They'll have to cough up interest too.

Re not finding a formal note of the conversation, I used to work in the civil service, and to be honest, when things got frantic, it really was a case of crashing through as much as you could squeeze in, and things like that did something get overlooked.

Close over £2.80. Do it for the Dunce.

Deeply oversold, just the recovery to a saner price starting. There is also the ghost of a rumour on twitter that the DHSC dispute is resolved. I'll believe that when I see it, but when it happens, whatever the outcome, its bound to be positive for the share price.

Dunce - 'a cottage industry of misinformation.' I really didn't ever expect you to be openly self-aware in this way. But thanks, I didn't bother reading anything else from your long screed.

"We'll only be £4.44".

So, good fir a five bagger then.

PE hasn't been itself since Hislop took the BBC shilling and in return adopted all their biases and shibboleths. So the previously pretty strongly Eurosceptic PE became staunch anti-Brexiteers. By strange coincidence, so is Jolyon Maughan, supreme leader of Good Law Project. This smacks to me of trying to build a consensus before the Court case, to try and sway opinion. Will it work? Depends on the judge I guess, but impartiality has definitely slipped. If you saw the extracts from the article in the PE on twitter, they don't accuse NCYT of sleaze, just profiteering. They even acknowledge that LFTs were where the real profligacy was - and presumably PPI too.

Apologies if this has been discussed, but I've only just noticed, and don't follow the BB on weekends. The trades info is showing trades from March, June and July LAST YEAR. WTAF? Never seen that before.

Sorry Monty888, but I just don't buy that this is high risk. Cash in the bank now equals well over half the market cap here. When it turns it will turn fast. The reason for the sp is because the shareholder base is almost all PIs, and relatively inexperienced PIs at that, judging by many of the comments on chat boards, and people selling into weakness. Patience is needed for both investing and trading.

Lakshimi identified a gap that would be filled at £2.20. They also identified a gap at £10, which will also be filled. They could not say which would be filled first. I must admit I discounted the £2.20 as seeming wildly improbable, given the company's cash balance. I would now like to see it in short order so we can begin the bounce back, and head towards filling the £10 gap.

Harchris, brilliant. Couldn't agree more. Pierrick, interesting use of language that, presumably from Mandy. An "intervention". The sort of action you take when there's a problem, and very different from an "introduction".

Market caps usually include debt, hence the concept of enterprise value, to take account of debt. In NCYT's case, there is no debt. There's loads of cash. So I've been wondering what the market values the business at if you strip out cash and near cash. There was cash of £77.2m at the end of June. Looking at the half year results and extrapolating forward, we can reasonably expect EBITDA of around £23m, with no exceptionals this time. So £100m cash at year end. Plus over £17m tax refund due - am I right that this is now the worst case outcome of the DHSC dispute, from an accounting perspective? So almost £120m cash or near cash, against a market cap of £180m. Suggests the market is currently valuing NCYT at around £60m. For a company making at least £45m this year - and that's worst case because of DHSC. I appreciate that the market is forward looking, and we don't have a clear view of future cash generation prospects, but still, there is a huge value disconnect here.

And just to return to the start and title of this thread, there have been many much worse companies. CTAG. XEL. NMC. DES. UEN. HMV. Complete wipeouts, lose every penny you put in jobs. And those are just a few off the top of my head. NCYT is nothing like that.