Member Info for W13Ken

As suspected, RENX are pushing on to the next level with new hires for comnercial partnerships and comms. New RNS shows they will start speaking with the numerous health trusts across the US. Expect RNX to push on beyond 1500p later this year.

Leadership additions announced to support expanding US Government and Healthcare Provider KidneyIntelX Deployment

Enabling expertise in sales, population health and value-driven care models

NEW YORK and SALT LAKE CITY, June 7, 2021 - Renalytix AI plc (LSE: RENX) (NASDAQ: RNLX) announces a series of key hires to drive its commercialization strategy in the United States market in light of the recently announced Federal Government General Service Administration payment contract and additional large healthcare system partnerships. The combined background and experience of the new leadership team is expected to drive adoption of the KidneyIntelX testing and care model implementation in early-stage diabetic kidney disease populations. Renalytix expects to continue expanding its sales, marketing, and implementation teams with expected KidneyIntelX roll-out beginning in the VA Medical Health System in the 2nd half of 2021, and as the Company positions for a broader national expansion beginning in fiscal 2022 in line with expectations for a national Medicare insurance coverage determination later this year.

More info from Watson on menu simplification, positive restructuring over the last year and plans to expand to 100 sites:

https://www.morningadvertiser.co.uk/Article/2021/05/13/How-will-City-Pub-Group-look-to-expand-after-lockdown

Good to hear about pub visits from shareholders and that all sounds pretty positive. Regarding the menus across the CPC pubs, I read that Clive Watson said they had reduced them from 45-odd to 2, which would simplify the supply chains and make it easier for kitchen staff to switch venues I guess.

I notice that the upcoming AGM later this month is being held at the Aragon House pub in Parsons Green, I might try to get along to it. I had a look at room bookings and it seems that they look pretty strong.

The website has had an impressive upgrade this week, there's a new logo, the AI in the name has been dropped and there's a clear mission statement. Seems to be a sign that they are ready to become much wider known.

We are Renalytix.

Our singular goal is to eradicate kidney disease.

https://renalytix.com/

antelope & Ivorhunch, I think you make a few good points about GROW that are line with my thinking. I'm happy that it is a safe haven for a large holding, they have invested in unicorns and should grow maybe 20-25% a year but I agree that it is not going to multibag in the short-term. I was surprised by how large a percentage of the holdings is owned by Tern. Personally I wouldn't invest a large % of my portfolio but think it's an exciting prospect if even 1 of the 6 holdings comes good and DA looks especially interesting.

What are your thoughts on the valuation of VC Draper Esprit (GROW)?

April's TU said that NAV per share is expected to be not less than 728p but the shares are just 804p. Seems a bargain.

Based on their Discounted Cash Flow model the shares are worth 325p

Nightmare, no talk of a special dividend. Doesn't look like there has ever been one.

I'm happy for them to focus on growth with their record and I'm still hoping that we can get up to all-time high, near the 900's, once FY results are out on 14th June and broker reratings are released later this month.

From a few weeks back but didn't spot it being posted...

https://www.proactiveinvestors.co.uk/companies/news/949053/city-pub-group-deserves-premium-valuation-liberum-says-after-better-than-expected-results-949053.html

Interesting update from Simply Wall Street today. They are careful to say that they never give out direct tips but they are strongly hinting at one here with this title. On their Valuation page it suggests that a fair price based on their Discounted Cash Flow model would be £8.65.

Tandem Group (LON:TND) Might Have The Makings Of A Multi-Bagger

"If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So on that note, Tandem Group (LON:TND) looks quite promising in regards to its trends of return on capital."

https://simplywall.st/stocks/gb/consumer-durables/aim-tnd/tandem-group-shares/news/tandem-group-lontnd-might-have-the-makings-of-a-multi-bagger

Oops that message went early :-)

I can find no indication of them selling UiPath so I believe they have retained the lot. I'd previously tracked this back to an early £10.3m investment. This is a Romanian company found through their Earlybird partner.

Draper had no need to sell in mid-April at the IPO as they had just sold a huge chunk of Trustpilot at IPO on 31st March, the last day of the financial year. That was a timely decision to boost their FY numbers but retaining some of TP was wise as they have risen. Draper's flexible policy on when to buy and sell is working very well indeef.

https://www.morningstar.co.uk/uk/news/AN_1619076932701841800/draper-esprit-says-value-of-uipath-investment-jumps-after-ny-listing.aspx

No

Draper climbing nicely into the 800s again, ahead of June 14th FY results.

UiPath has risen to a an astonishing market cap of $43Bn since its IPO so my calculations make Draper's £10.3m investment now worth approx £145m. Looking forward to this update :-)

This should be good for SEE as Tesla's DMS will struggle with sunglasses etc. Hopefully this will bring DMS to a wider audience, some will easily hack it and SEE's superior technology will be highlighted by Colin Barnden and other experts.

More details here...

https://driveteslacanada.ca/model-y/tesla-officially-adds-driver-monitoring-system-through-cabin-camera-update/

You won't find K3C hyped on Reddit but they have an experienced CEO and a solid business expansion strategy.

Up from 254p just this year.

https://www.k3capitalgroupplc.com/investors/strategy/

Good luck #1. I expect to buy back in a few months when things are more stable...

Good luck #1. I expect to buy back in a few months when things are more stable...

Some patches and hotfixes incoming but a lot of damage is done and positive Steam ratings are at 31%. I sold up the remainder of my ISA shares this morning. I'm sure things will recover but I see sideways movements or drops for a while.

No doubt about it, there are definitely a lot of problems to address with this release - many are saying it's like a Beta version and positive comments are low at the moment.

I hope that FDEV can address these quickly but they have got a challenging period of negative feedback ahead and need to get back on track before the Autumn console releases.

I'm confident in the long-term but have top-sliced profits for now while things settle down.

Odd - that first post did not show for me until I posted the second.

Different articles in the 2 posts but I see about 6 available on this acquisition already.