No worries , we shall both have things in the future that we don’t agree with and there will be days we do. That’s a healthy place to be, we all can agree debates have to be based on facts we can prove and there shouldn’t be people blocking each other stupid reasons. Let’s get on with it and have healthy debates and may be in the future we won’t see these ridiculous pump and dumps which force the hand of the company to release a poor RNS
Not changed teams Sharkie , if read through all my previous statements they have all been consistent with the current state of play. No one likes to hear negative opinions and many times I have tried to engage with you for a reasonable discussion. Now there has been information I now can comment again on what I see. My thought on a take over / JV may have been wrong but it’s the only explanation I had for the lack of news: however not to say in the future or couldn’t happen as and when they get bigger.
I say it as I see it and if you look back you will see I called every pump a dump and price prediction. I wasn’t trying to upset people but to help people. Like we have just seen this week an Poor RNS had to be sent due to the amount of fake news and posts regarding NHS deals and India deals. It’s just proven that’s not the best strategy and the best strategy is to have an open debate and discuss the bad and the good
Well my personal opinion is I believe around this point 55/56 as there is a lot of sediment at this price and it’s bounced off this point in the past. However , with the RNS that came out it’s hard to judge as now your fighting against the trust of the BOD and badly timed RNS. However I believe there is still a lot of LTH here which I believe will keep it around this mark until we hear again
I agree and I did say two days before when there was a pump and dump they had to send an RNS as it breached 40% which is usually the time companies have to make an announcement to justify the rise. Honestly I think they have over complicated the RNS and it should have been just as simple as “ we know no reason for the rise “ if renegotiations are going on they had to send an RNS or they would have been accused for yet again inside trading or a leak.
I believe renegotiations are happening as we speak as why wouldn’t they be. We have a product that helps , now wether they can pull it off is a different question but that’s just a matter of days / weeks.
The rest of the RNS was an insight but one that could have been left out to be honest until they had substantial figures behind them to back up there plans.
The RNS was slightly concerning on how they handle pressure which isn’t good which indicates the BOD have a long way to go in maturity.
Well in the RNS it said short / medium term value adde to share holders. I’m guessing the short term would be the renegotiation of the old contracts and the medium term is everything else. Short term price prediction if they renegotiate the old contracts I would say 0.90 / 1 p have to sensible here as I don’t think it will be the largest of the largest contracts but it will be big enough to gain trust again for their next stage
Poor , where does the 3 months come from out of interest? In my mind it shouldn’t take long to relight the fire with old potential customers. One they have had the the mask already and know what it can do and tested it. 2 , all NNN is doing is adjusting the prices. To make a decision on new prices should be days , and to get an answer back should also be days.
Not drag , draw sorry
Well I’m hoping it won’t take that long to drag new pricing to the prospect buyers again. For them to reply shouldn’t take long either as it’s either they like the deal or not they already have tested the product so I think maybe hopefully before Jan or 1st week
I don’t disagree, he should apologise and I once said an investigation is needed. I have had time to reflect on this and he’s not going to apologise. Looking back at past interviews he comes across as one of thous that’s far to intelligent to realise he’s being insensitive ( sheldon Cooper comes to mind ) he’s not a business man he’s a scientist and he’s got a product he knows can do well. He’s currently his own worst enemy , however as it’s stands he’s not said anything for a while which means either they where under an investigation from the FCA and there is not obligation to tell us share holders (unless it’s related to certain criteria). Or Mark and the rest of the crew have rained him in.
The problem I have was the RNS was completely unnecessary and it didn’t need that much detail as it was only sent to explain the 40% rise. The new CEO I thought was more capable and I would have thought he would have been intelligent enough not to send such a pointless RNS especially when he’s gone this long without an update. That’s my worry I have and I said this morning and other times. Personally we need much more help and that will only be a JV or buyout
That’s the catch 22 thou , you sack him we have no business , despite his lies and fake news he’s the one responsible for what we believe to be a future. He knows this and he’s fully aware of the control he has.
Like I said the RNS was mainly because they had to send something as they have to justify the rise in sp over 40% with no news. Exactly what you said 100% , they could have said most of what they said months ago and again this may have helped the SP as people where expecting the vision from the new CEO. The RNS they should have sent was just a simple we know no reason for the rise end of. If they are conducting new agreements and pricing why didn’t they just wait and see what the new deal would have done for them. Yes it would annoy us even more but at least the SP wouldn’t have suffered that much.
Your point “about a buyout at these low levels is interesting; this would currently depend on the value attributed to P2F’s intellectual property, as the company has little else to bring to the table at this point in time.”
One thing I think we can all agree on is that we don’t have to worry about the value of what we have in intellectual property. The issue we have is we don’t have a strong enough company to make it happen. I believe DR Cave is been stubborn and doesn’t want a JV or sell as it’s his baby, Cannot blame him on that however he needs to realise other companies won’t be far away from doing something similar or better , I cannot believe no one has approached them over the last year.
Well time will tell and thank you for wishing me well in my investments , I shall continue to watch and see what happened
TLwillams , I kind of see your point but how do you get strategy out of yesterday’s RNS ? It’s completely different. Strategy provides a detailed analysis of what is going to be done and how they will achieve this and how much will it cost. Yesterday’s RNS was only sent due to the unexpected rise the previous days. With the threat of FCA complaints they had to send something.
I hope you are correct however like many on here and for future investors it’s going to be hard to trust them again. That’s going to be the issue for the bod as they need investors to be able to follow through with there future plans. As it stands now they have lost all trust with the market , they only have 4 million or less now which leaves them very little way of movement before they need to pass resolutions past the share holders to get more money. Argument will beat this point will be “ what’s happened to the 4 million “ they have a huge struggle and one where only a buy out or JV can really save them now
I said 55 could be the bottom but looking at it 50 may be on the cards.
The trouble you have also is the reputation this company now has in the market place. Many of there ideas are going to need to be passed by share holders and I don’t see so many investors been enthusiastic about risking more of there shares for what could be another failed attempt. So many failures over two years , who the hell in the righ mind will invest going forward. Every bulletin board, every professional write up about this company screams stay away. How they are going to build trust again if don’t know and with only 4 million there is only so much they can do without the help share holders
I disagree, he’s had 12 weeks to say what he said yesterday. In fact we would have been in a better position with SP if he had said what he said yesterday. At least NHS/India rumours would have been put to bed. However At least the share holders would have thought you know what he means business and he has a vision. 12 weeks on and many investors would have expected a lot more especially with him been so silent. I would have thought he would have covered off what he said in his job interview.
what he said yesterday was a reaction to the share price rising sharply, all he had to do is send a RNS that said we Know no reason for the Rise.
He could have sent an RNS once they had completed the new pricing exercise and tested the market again with the new pricing.
What this shows is a company that has no idea ! They are all over the place with ideas but no way to put them together. It’s a complete shambles and the new CEO is out of his depth
Now will everyone agree that we need a face to face meeting with the BOD ? They cannot just get away with it all the time. They hide behind closed doors all the time . Time to face the share holders and actually look us in the eye and tell us what’s going on. It will be too late when the 4 million is gone
Sharkie , so why is it when we said it we was filtered best like your coffee. I have been saying this for months and you kept on saying I had no substance. I think you will find at every stage over the last month or two I called it right.
None of your posts for the last two months reflects what you have said below. I’m sorry but you caused at lot of nonsense on this BOD dismissing thous that actually saw the company for what it is just by looking at the facts.
Your not wrong in what you say now but it’s far from what you have been saying. A lot of people would have bought on the back of the nonsense you and other spouted over the last month or two and for that you should be ashamed:
Anyhow , let’s all move on from this. We know the score now and it’s a case of looking at the facts as they happen and discussing sensibly what the outcomes could be.
It was half a million for the last machine, plus are they buying a site or renting. They need Staff to manage the site plus other costs in like insurance costs , health and safety certificates lots of hidden fees plus legal. 1.5 million is a bargain
Well like is said based on the news we have the price is where it should be , anything around 55 and 65. Cannot see this going above 70 unless like you said the full story hasn’t been told and we get an RNS saying the India deal is back on with the new pricing. I don’t see that happening before Christmas thou .. it’s one of thous RNS’s that have come out again with no real thought for the share holder. They had to inform the market something as to explain for the unexpected rise , I would have rather had an RNS saying they know no reason. The RNS they should have brought after should have been the one with some success to it. I.E we recognised the price was to high and we have adjusted the pricing and in doing so we have successfully achieved sales and orders. That’s what should have happened, unfortunately NNN hasn’t got the jist of timing the their RNS’s right.