Corcel Share Discussion Threads

[kemche] 28/5/2021 08:49

A non pharmacal morning to you richie. Looking good so far.
An entire £72k eh?

[richie666] 28/5/2021 08:46

Good morning Kemche.

[kemche] 28/5/2021 07:50

My sum of the parts valuation updated:

Metcoal - £256m
White Car limited - £188m
Mambare - £1,569m
WoWo = £983m
Vanadium Gap - £995m
Southport - £89m
Burwell £189m
Tring Road £93m
Bristol £132m

Some may disagree with that and suggest that I have pulled the figures out of a hat but that is what I believe those "assets" to be worth. Some may suggest that I am deliberately undervaluing the assets and they may well be right. But it just goes to show that there is another view out there - however fanciful. But I would warn people reading too much into my "analysis" when I say that I am only an amateur rather than a fully fledged professional.

[mr roper] 28/5/2021 07:48

Decent news

[kemche] 28/5/2021 07:47

Expect a run on shovels this morning.

And no, that statement cannot be "Pharmacalled" and nor is it up anyone's endo!

[helpfull] 27/5/2021 18:48

Was that 3,000,000 share "buy" rmart selling out? Perhaps he has had confirmation of his rumour. Be careful.

[kemche] 27/5/2021 18:11

Of course.

[hedgehog 100] 27/5/2021 17:38

Helpfull,

I don't mind meeting trolls - there's more that sport that way - and there's more trolling on this thread than in Tolkien.

But I do prefer them to at least be interesting.

[helpfull] 27/5/2021 17:16

Hedgie, I thought you only posted on that special thread with your matey rmart? What's happened? Had a falling out? I suspect you get a better quality of poster on that thread. Safer. You never know who you are talking to on this thread. Not your sort of place. Rumour has it you do not like "Rumours" but I'm sure you were eulogising about them only last weekend. Be careful.

[hedgehog 100] 27/5/2021 17:07

"BB User Filter
These are the users that you have chosen to filter out from the BBs:
User Remove
kemche ..."


You are filtered, but I can still read your latest posts if I click on your name.

I can't really really see why anyone wouldn't filter you to be honest, as you never say anything remotely interesting or useful.

And it certainly makes this thread a much clearer read.

[kemche] 27/5/2021 16:58

And yet you refuse to filter me - how odd!

[hedgehog 100] 27/5/2021 16:38

Kemche,

Your post 1219 is clearly insinuating in a libellous manner.

Twenty one years of your boring, repetitive, moronic posting on ADVFN, which no one but you seems to find remotely funny.

It would serve you right if you were sued, and perhaps teach you a lesson.

[kemche] 27/5/2021 16:21

My facts are insinuating? Pharmacal that!

I hold the BOD in the highest esteem. Pharmacal that!

But I cannot emphasise this enough - I do not believe that these will go up a thousand fold, or that this is in any way like some other random company with a parabolic share chart.

[hedgehog 100] 27/5/2021 16:10

You can be sued for, and found guilty of, libel, for making an insinuation online:

"McAlpine v Bercow
From Wikipedia, the free encyclopedia
McAlpine v Bercow was a landmark libel case in 2013 between Conservative peer Lord McAlpine and Sally Bercow, the wife of John Bercow, Speaker of the House of Commons.
... Bercow said: "The High Court found that my tweet constituted a serious libel, both in its natural meaning and as an innuendo. To say I am surprised and disappointed by this is an understatement. I will accept the ruling as the end of the matter. I remain sorry for the distress I have caused Lord McAlpine and I repeat my apologies. Today's ruling should be seen as a warning to all social media users."[5] ..."

[kemche] 27/5/2021 16:02

I place the below as a matter of record without a wish to be "Pharmacalled":


2012 - Loss of £2,112,350 - Admin £1,091,108 - Cash raised £907,090
2013 - Loss of £5,166,017 - Admin £1,224,013 - Cash raised £3,327,678
2014 - Loss of £1,508,812 - Admin £881,947 - Cash raised £1,212,805
2015 - Loss of £5,888,742 - Admin £964,761 - Cash raised £1,049,765
2016 - Loss of £1,965,722 - Admin £594,733 - Cash raised £781,595
2017 - Loss of £534,267 - Admin £414,943 - Cash raised £1,576,701
2018 - Loss of £1,549,619 - Admin £735,697 - Cash raised £1,150,000
2019 - Loss of £2,607,978 - Admin £652,918 - Cash raised £240,000

Total Losses above - £21,333,507

Total Cash raised above - £10,245,634

Total Admin above - £6,560,120

[kemche] 27/5/2021 15:58

Can you be "Pharmacal-ed" for a question?

End of.

[helpfull] 27/5/2021 15:54

" gunning for a showdown"?

How did the warrants issued by Corcel to the "Lender" get into the hands of the "co-investors"? Did Corcel issue the 23,076,923 shares from the warrants exercise to Align, the Lender" as defined by the RNS? Or did Corcel issue some of the 23,076,923 shares to Align " the Lender" and some of the 23,076,924 shares to the "co-investors" not defined by the RNS? A simple question. You position yourself as being close or intimate with Align Research having definitive knowledge of the work of the company. Are you an employee or a officer of the company? Be careful.

[kemche] 27/5/2021 15:40

My sum of the parts valuation:

Metcoal - £256m
White Car limited - £188m
Mambare - £1,569m
WoWo = £983m
Vanadium Gap - £995m
Southport - £89m
Burwell £189m

Some may disagree with that and suggest that I have pulled the figures out of a hat but that is what I believe those "assets" to be worth. Some may suggest that I am deliberately undervaluing the assets and they may well be right. But it just goes to show that there is another view out there - however fanciful. But I would warn people reading too much into my "analysis" when I say that I am only an amateur rather than a fully fledged professional.

[kemche] 27/5/2021 15:31

Richie, Am I not allowed to provide independent unbiased research here too? Is it a monopoly?

"Quick look at their recent accounts, are they not going to be needing money very soon?"

Good question to which the following may prove useful:

This only in the last 15 months:

December 2019 - £830,000 placing
April 2020 - £470,000 placing
June 2020 - £220,000 placing
October 2020 - £750,000 placing
February 2021 - £300,000 placing

And therefore one has to ask:

6 monthly "Admin costs" £493k.
Loss for the six months £526k
Cash at bank at 31 dec 2020 £180k.
Cash raised so far - squillions.


Net cash flows from operations (outflow) £536,000
Divided by six is circa £90k a month cash burn rate.

[richie666] 27/5/2021 15:20

U looking for a Norwich Pharmacal order too "Kemche". Events from there would be very costly 4 u...

[kemche] 27/5/2021 15:17

"Impugned" I suspect.

[kemche] 27/5/2021 15:16

It's getting all AERO all over again. That ended well.
Deep research.
Be careful!