Member Info for WelshBen84

Agreed. I am surprised, given the various current conflicts around the globe demonstrating the decisive impact of drone and electronic warfare, that the company has not generated more excitement recently.

It’s the gaining of the various new contracts that is ongoing, not the contracts themselves. Reads fine to me

I’d say the CFO buying was pleasantly bullish

Siennaj,

In my view (see the 20 Aug RNS) a draft prospectus has been submitted for approval. I can’t see major money or investors being committed until it receives regulatory approval. The £2M facility being executed shows confidence by the board but until the prospectus gets approved there remains regulatory risk.

Nice to see some buys here.

Technical bounce or something more?

I don’t expect this will move the market as ultimately it is just the execution of something already announced; however, it does show that the plan is unfolding and demonstrates his confidence in the next steps.

I find the predicted rises don’t come when you plan them to: they happen often when you don’t expect them. All you can do is get in at the best price possible in a good company and hold. Reward vs risk is attractive at this price I’d say

Small dividend here this Friday I think so will re-invest that here!

It’s not really down that much. Was able to buy below 1.3 yesterday. Now it’s more. MMs have altered the bid and ask so it looks down. Think the real spread is different.

Still would be nice to be higher, but if investing teaches one thing: it’s patience

Sold did you? 😉

Disappointing but the long-term view remains very good.

Yes, very nice. I particularly like the increased cash.

Interim Results 8 July. Not long. Looking forward to it.

Might be time to trot out the various Buffett, Munger etc sayings re focusing on the company? Company seems to be doing a cracking job. It’s only when you look at today’s share price there is disappointment. The share price will catch up in due course IMO.

I suppose the may be standard, but the exclusions to the rule are interesting: whilst Shell are not making a formal approach at this time they seem to want to be able to if anyone else jumps in

That’s a chunky trade! Something bubbling?

Yes, positive without getting too excited. Looking forward to the results. I’d like to think the share price would build in anticipation of them as something like a forward p/e of 11 looks cheap to me. Happy to hold.

Hardly the Wolf of Wall Street stuff.

… watch this bounce higher now

I think at this market cap the cash pile supports either an investment decision or a cheeky trade

Yes, also interesting to do a comparison on P/E ratios, market cap, sale price etc. My own view is that RFX is still undervalued by comparison