Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
My point is, that the World has changed because of Covid ahead of the Christmas break. People have contracted Covid, workspaces compromised, and the general flow of doing anything has been disrupted. It's increasingly difficult to go about one's business at the moment, without facing disruptions.
I'm still holding, and I hope that doesn't come back to haunt me. But, one of the downsides of Suzy going way beyond the call of duty at keeping PI's up to speed is that we're all hanging on every word. My gut feeling is that we need to temper expectations.
Contract win this morning from the Russel Ductile Division.
Excellent start to the Year!
Well done Chamberlin!!
That may be the case.
But, I think we have to be a little more realistic on events.
We're in the middle of a Global Pandemic, that's on the tear at the moment.
Also, trying to get Business done at the end of any year ahead of Christmas, can be challenging.
With all the best intentions, I'm sure Suzy and Co (despite guidance) are doing all they can to get things boxed off.
Perhaps their time is better spent on getting the deal done, than keeping us in touch with every twist and turn, because some of us want to bank imaginary profits.
If people are genuinely nervous - then sell, and sleep peacefully at night.
You're bang on the money Kwaker.
This will be a slow burn, as it's not sexy like a Pharma or Tech Stock.
However, you just cannot ignore the fundamentals here, the people involved, and the progress that the refreshed Board have made.
I've bought consistently over the past year, and will continue to do so.
Have added a few more also.
This is a classic turnaround story that so far seems to be somewhat under the radar.
Three separate divisions within the group, all turning the corner, and showing relative strength. All less than a year of Trevor Brown taking a stake. It just goes to show the experience of the Guy.
The market cap is tiny at circa £4m and they're now profitable. I mean the land that they sit on must be worth double that!
Steady as she goes.
Christmas Buyers in on the NAPS!!
Excellent work from the guys at Chamberlin.
This is a proper Business that will flourish under Trevor Brown's leadership.
Market Cap is tiny, share float is tiny, and TB has more than a bit of an interest in the game - which is exactly what you want to see in a classic turnaround situation.
This is just the start.
Just bought another 100k.
Just come back from the local Health Centre for my Booster Jab - absolute mayhem down there, with tempers a little heated to say the least. People are frightened out there.
Well done to the NHS Team for their incredible professionalism and relentless hard work.
The takeaway for me today is that we're nowhere near the end of this. Covid is a hideous Virus that will keep doing its thing, whilst us mere mortals try dance around it, trying to keep out of its grasp.
Testing I believe will be huge in keeping on top of this, long into the future, which will be huge for MHC.
The Bid story short term at least is Dead in the water. That doesn't mean that it won't re-appear in some shape or form further down the road.
Capital will have been deployed in a substantial way on the initial play of BT being taken out. As that trade is now dead in the water, Hedge Funds will liquidate existing positions or reverse them, or re-deploy capital elsewhere. Hot Money is always trying to find a return.
Private investors are merely caught in the crossfire IF they have been part of the same idea of buying BT as a potential Takeover target. If you own the stock long-term, say in a pension fund, then chill. They go up, they go down, but hopefully long term the outlook is positive. If they move substantially to the downside, then top up if that's your investment strategy.
Also, remember that to get up to 18% someone out there was happy to sell.
N&G conversion at 1p.
Stock taken off-market (Risk) plus financing the trade for an undetermined amount of time (1-2 Years at a guess) puts the share price around here for now.
Unless someone out there thinks the deal is too cheap at £40 something Million.
Now that the dust has settled a little.
The shysters that are pulling this off AIM.
What are they going to do? Why are they doing this?
Ultimately, their goal is to make a sh*t tonne of money out of this. Take a Pig's ear and make Loius Vuitton Handbag out of it.
Crash the share price, force everyone out, award themselves a Boat Load of Options, and head off to NASDAQ. The PR machine will crank up, FOMO will run rife, and all of a sudden NAPSTER is back at nosebleed-inducing Multiples. I mean seriously, look at some of the loss-making companies Stateside that have Billion Dollar valuations.
So, just maybe that N&G and the Gang see a different picture (Clearly), and perhaps beyond this ridiculous situation there some highly speculative value here?
Just for the sake of debate, please don't hurl abuse at me, I'm just trying to look at every angle
N&G pay a Penny.
Directors are in for nothing.
Market getting drilled sub 0.4p.
Deep Joy.
Absolutely right there ORLM.
I went against all my rules of investing with this one, convincing myself that some crazy deal would emerge from this sh** Show.
The figures were awful. Cash burn ridiculous etc
Guess what? There was a deal, a really bad one.
I'll be having a strong word with myself.
The BOD should go to Jail - this is beyond having your pants pulled down.