Member Info for WarrenBJunior

So while there is no guarantee they are seriously interested in buying the company and they certainly have the cash !!!!

This is taking a considerable amount of time to come to an agreement so I presume it must be a considerable amount that they are discussing .The contract was was for over 10 years so while it is purely a guess it could be in excess of £10 million .

These new high profile investors are probably able to access such payments and realise there is a generous payment coming .

Spoke to a chum of mine in the city last night and if you are right we are in for fireworks.

He is a very successful investor and no doubt sees value in Carclo !!

Hopefully he is someone who wants to buy the company considering it’s stinking cheap !!!!

That’s nearly half the present value of the business.

Now we should start to move !

Possible news announcement!

We now need an update from the Company as to what the plan is .

Trading will be subdued for the next 6/9 months but that gives them time to right size the business.

We were aware of JD’s share holding but it will be interesting to see who picked up the other big chunk of shares , might surprise us with a new holder .

Hopefully we should start to get some positive RSN’s as they start to action their recovery plan , the great thing about having a £500 million turnover is cost savings have a massive impact on the bottom line .

cash in the bank , £50 million coming in from the sale of Asia IP , £500 million plus turnover, £30 million potential cost savings, a multi million pound founder totally committed to the business,
What more can I say apart from the business is worth way more than £70 million!!!!

Would be nice if some of them put their hands in their pockets to show support!!!!!!

Someone is selling down their stake, unfortunately we will have to wait till it’s cleared.

Interesting that they came out with a statement that they are looking at bidding!!!

And in CASH !,,,,SHOW ME THE MONEY

Something is definitely afoot with the price moving north , maybe finally they are going to deliver on a decade of promises.
Cash is worth 7p a share so a £100 million valuation excluding cash is not ridiculous .
35 / 40p target

Looks like the good news is leaking, 60/80p target!!

I have known about this company for 20 years and it has been a classic never quite lived up to its potential. Spent the weekend catching up on its latest developments and this is a company with a very very bright future.

Will be picking up a few shares in the morning !

Love the space potential.

Share price is moving north on very small volume so I presume we are due an answer on the compensation package, who knows it might surprise us and wipe out a large chunk of their debt .

Happy Christmas !!

It looks like we have the start of a positive run up here !!!!!

Lego is valued at over 9 billion , once the shares enter the FTSE 100 there could be quite a surge in the share price as institutions scramble for shares.
Top share tip for 2023 !

He has 23 million followers!!