Member Info for Walkley

No one is buying , so why would market makers want to hold any shares.

As a potential buyer could someone direct me to an simple explanation of the value here. When do they start mining ? What is the expected annual revenue?

Does anyone know when we will get paid? Am in ii and have heard nothing. Now 2 classes of I3E share listed one at £0.00 and the other with a total value of £12.72 ( should be over £5,000)

The listing on Synnex is positive but was like getting your product listed on Amazon which was why it wasn’t issued as a price influencing RNS but only a Reach announcement.

Have you noticed Corcel - they have a 55% operating interest (49.5% net) in adjoining area KON-16 in Angola. Their share price is up 110% in the last month. Would a joint operation make sense?

Why the strong rise today? Has share buyback started?

Sorry 72% plus more when warrants exercised. Missed the shares issued to pay off debts.

The buyers of the placing shares get about 63% of the business but we need the cash to get things started.

Cykel AI PLC (LSE: CYK), a leader in AI automation solutions, today announced the launch of a suite of recruitment-focused automation workflows designed to streamline end-to-end processes and high-volume tasks. This launch builds upon Cykel's successful partnerships with multiple recruitment firms, including Chaptr, an innovative recruitment startup specialising in hiring across Engineering, Product, Data, and Leadership. This launch comes at an optimal time to meet the growing demand for AI solutions in the talent acquisition space

Sorry Corcel have KON-16

Corcel have 50% of KON -15. Why not buy Corcel - market cap £5m - £7-8m would surely sort it.

"Intercede, the leading cybersecurity software company specialising in digital identities, today announces the launch of a share buyback programme to acquire ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") up to the gross value of £1,000,000"

Actually Simply Wall Street bots have the P/E s the wrong way round Galliford is 10 against an industry average of 14.

From Simply WallSt - would love to believe it!

"After last week's 15% share price gain to UK£3.67, the stock trades at a forward P/E ratio of 14x.

Average forward P/E is 11x in the Construction industry in the United Kingdom.

Total returns to shareholders of 135% over the past three years.

Simply Wall St's valuation model estimates the intrinsic value at UK£6.65 per share."

£6.65!!

Is the market finally seeing the value here? A P/E of 9 compares to other construction companies of about 12, a dividend yield of over 3%, lots of cash, a share buy back and no nasties such as pension liabilities.

Spratt1982 could I have an apology please. I have made 1,641 posts - in the last 30 days 11 out of 20 have been about Cirata. I noticed Stephen Kelly’s possible reason for deals not getting done was the lack of confidence in the market evidenced by the collapsing share price.

Until actual evidence of annual bookings higher than the $20m cost (target this year is $13-15m$) this company is in my opinion worth perhaps £10m (8p a share) ignoring the FCA report which must be due shortly.

Excluding the HCSC renewal the 15 contracts signed in Q3 had an average value of $47,800 each. Would need 180 contracts of that size in Q4 to meet the target. Will clearly need 4 or 5 seven figure bookings which may be in the pipeline to justify the board's confidence. These significant contacts would have to be announced as they happen so should be no need to wait until January for a further update..

Half year full results on 26 November will be the time for an indication of what intend to do with the cash. A P/E of 18 seems low for a very profitable, cash rich, tech. company. Whilst cash balances have dropped by £1m since March this may just be by paying bills earlier or investing in new developments or sales efforts. Look forward to more details in November

RNS

"The Group is pleased to announce that revenues for H1 FY25 are expected to be approximately £8.54m (2024: £6.99m), 22% higher than H1 FY24 and 29% higher on a constant currency basis. This is in line with management expectations."

"As at 30 September 2024, gross cash balances totalled £16.2m (2023: £9.7m) and was £17.2m as at 31 March 2024. The Group has no debt."

Look forward to hearing of plans to use the massive cash balances. If no sensible acquisitions are available then perhaps would consider a share buyback or even a dividend!