|Mon 11:42||horneblower||Investor Visit to Ilika plc. 23/01/15
An enjoyable and informative visit.
Ilika’s mainstream business of 'fast-track materials discovery and testing' appears efficient and productive. It produces the smallish revenues being realised by the company annually. This business may grow but is not that exciting financially. It basically speeds up the process... read more...|
|22 Jan 2015||shrout||short-termers selling up. lacking in patience, lacking faith, lacking a lot more besides probably. And as you say, volume is nothing to write home about.
I'm in for the duration, however long that may be... or until the story changes. No sign of that in today's report, afaics. read more...|
|Mon 18:11||pj 1||Following Horneblowers excellent write up (much better than I could do) I shall add some of my own notes taken for info-
Aerospace alloys- Roycies are targetting engine impreovements and Boeing structural .
Price points- I hope I understood this correctly as I did ask a number of questions. If a wearable device (e.g fitbit) as example. Currently costs approx $5 to manufacture the... read more...|
|23 Jan 2015||pj 1||Phew, that was along way there and back from Newark on Trent!
Lovely buffet lunch though made it worth it! There were approx 20 PIs there, which was about the limit they could cope with I felt so it was well attended. Graeme Purdy CEO & Stephen Boydell FD did the presentation. NED's Clare Spottiswoode CBE and Prof Sir Bill Wakeham were also present.
I am unsure if I had missed any... read more...|
|22 Jan 2015||impvesta||"It just seems like a figure they've thrown in to make the results look positive."
Razr - it isn't a figure they've thrown in, it is a real increase in cash compared to 6 months earlier. They have been cash positive, in spite of negative operating cash flows, because of the issue of share capital giving proceeds of £1,335,000.
A little detective work shows that this has arisen because of... read more...|
|23 Jan 2015||heyho2||http://www.proactiveinvestors.co.uk/columns/beaufort-securities/17662/beaufort-securities-breakfast-alert-royal-mail-ilika-cyan-holdings-and-cityfibre-infrastructure-17662.htmlIlika (LON:IKA) – Speculative BuyYesterday, Ilika announced the unaudited half yearly report for the six months ended 31st October 2014. Revenues stood at £0.6m (H12013: £0.6m) and the pre-tax losses widened to £1.6m... read more...|
|22 Jan 2015||big7ime||I'm not bothered about the current revenue, that's not why I'm here as it's to do with future potential. Yes it's a speculative investment but with the risk comes massive upside if it works. I think the timescales are longer than most had thought so sp may not be explosive for a while but on the main all looks positive.
A question I'd really appreciate someone asking if they're going... read more...|
|22 Jan 2015||razr||Thanks for the reply Imp, still doesn't make much sense to me, I must be stupid. It just seems like a figure they've thrown in to make the results look positive.
Disappointing that there hasn't been any increase in revenue over the 6 months compared with last year. In fairness, we're all here for the battery technology so hopefully they will progress it substantially in the next few months... read more...|