Good to see some contract wins, especially as some of the UK announcements relate to NHS providers, who have a lot of relatives and won't default. |
For every seller there's a buyer - feels like a seller cleared to me. Pity really, I never got my last scoop. |
But rather marginalised by the 5 million sold ! As the price was 15p they were presumably sells and not buys. Would have thought that some institution would be triggering an RNS. |
Flurry of buys this morning..... |
Personally I think the share price action over the past few years is almost entirely due to the end of what was the "free money era". Interest rates of 0,25% for years meant people bought growth ideas ahead of genuine profitable cash generative businesses. This company has changed its focus to get to profitability earlier than previously planned, when they were very confident of raising further growth capital. With each set of results you can see them getting closer to this goal, while still developing the product (albeit in a more focused way).
I will probably take another little scoop if the shares weaken any further. |
I'd settle for making a few pence here. I still think this is an overloaded plane going down a runway which is going to either run out of runway or it is going to get off the ground. It can't keep going forward for that much longer, it will run out of cash .
I have held since long before the change from Elecktron , and it was a very different company. Even owned Titman the machine tooling manufacturer for no obvious reason. The change of direction was either an astute move , ahead of the monitoring trends , or an eggs- in -one- basket gamble that will eventually destroy all value. I don't know enough about the company to judge , but the share price move over that time suggests the latter. |
Where would the share price be without JW? Best news in ages in my opinion. Someone with a track record of making investors millions. |
Interesting that the TR-1 notification specifies the buyer as "John Wilson & closely associated persons." Speculatively, these could include his private equity partners/backers. It could also be his spouse of course.
Don't be short! |
Already up to 5%. Serious buying boots on! |
I meant taking the company private before it has a chance to show its full potential.
If he is just a supportive shareholder then great! |
He already is by the looks of it Trev. If shareholder value is aligned with greed what’s the beef? Isn’t that what capitalism is predicated on? |
He's very good and ambitious but rather greedy. He will know the Checkit business, but I just hope he won't try and buy it on the cheap. |
So now we know about the volume with today's disclosure:
If he gets involved, could be massively positive. |
V big volume yesterday with a price rise. Hopefully a seller cleared or a capitulation trade.
Investment decisions made purely for tax reasons are usually wrong - just saying. |
Hmm, is this further share price weakness just the AIM IHT depression or something more? |
Google; A technology play for the digital era Simon Thompson |
@wad with irregular contracts and the illiquidity, timing difficult and I have concluded pointlesss. It is all about the direction of travel, ensurung quality of tthe offering and visibility on avoiding the need further capital.
Any chance you could summarise ST's reasons for liking it ? |
Simon Thompson tipping in IC this week at 20.5p , pointing out that it forecasting to stop burning cash by Jan 26 and then will finally make some money in FY27.
Then it will seem cheap.
Mind you , he was also tipping it in March and dropped 10% since then. |
Total shares traded today....zero! Not noticed that before. |
New contract RNS for recurring £250k. Maybe CKT is going to fly after all.... |
Yesterday's news was the abandonment of the Crimson Tide attempted takeover. Today's news is that HMRC has accepted that a previous VAT reclaim was valid. Must confess hadn't noticed that possibility in the Annual Report. Hopefully the latter will pay for the former? |
I see I missed a contract win last week. Not huge but might buy some new windscreen wipers for the company's cars...
The Group announces a significant expansion with Octaphama Plasma in the United States worth c.£718,000 over three years. |
There is clear rationale for this takeover with likely £3m+ of central costs, listing costs and synergies that CKT would benefit from. Arguably this would accelerate CKT to cash neutrality in the year. There are, however, 2 substantial risks:
1) Very weak management with no track record of delivery
2) Somewhat related, high execution risk.
CKT has spent c£10m on acqusitions in the last few years and burned through an additional c£20m+ of cash. All for a market cap of £25m which will take into account the £8-9m of cash on the BS.
I expect £2.50 all cash would be the minimum level acceptable to TIDE. Why TIDE investors would be excited by a potential 10-11:1 share exchange is a question to ponder. |
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