Crimson Tide Share Discussion Threads

[mauricemonkey] 24/7/2021 13:01

Yes. There's nothing to say, so why say anything?

[wanttowin] 23/7/2021 16:15

Jeez anyone else still here ?

[wanttowin] 13/7/2021 15:54

Oh its so quiet drifting down here. Still quite a while before the likely hood of news.. Let's hope its above expectations and we can move out of this rather tedious trading range.

[sir plus] 09/6/2021 11:27

A quiet May and early June - Annual Report gave me lots of reasons to top up at this level.

[geraldus] 30/4/2021 14:46

Riding along on a crest of a wave after a few bods af thrown in the towel.

[338] 28/4/2021 13:50

So is TIDE share price heading back to pre dot.com... 😁

[michaelmouse] 28/4/2021 12:42

Appears to confirm that the overhang has indeed cleared.

[wanttowin] 28/4/2021 11:58

Bit lively today !

[wanttowin] 26/4/2021 20:52

Aah thanks again for enlightening me Michael. Please accept my apologies I do struggle to understand the holdings RNS's, I so wish they could be a lot simpler.

[michaelmouse] 26/4/2021 18:39

Nobody has been dumping shares wtw. These are just updated notifications following the 3p placing. It's not new information. The Whipps and Goodwin had already informed the market at the time of the placing. Both still hold very sizeable chunks of the company. TIDE looks set to prosper further with growth accelerating and the chart is showing signs that any overhang has now cleared. Great little company imo.

[wanttowin] 26/4/2021 08:29

So now we know who has been dumping, Steve Goodwin our second largest shareholder. Only a few days ago it was the Goodwins, what's going on here ?

[wanttowin] 22/4/2021 14:56

Well if Helium have finished selling, then we have someone else still offloading chunks into every rise ! Grrrr

[geraldus] 20/4/2021 08:57

I hope that the recent 6 million placing can be properly utilised to move them up to the next level.Performance before was glacial .

[2vdm] 20/4/2021 08:40

I would consider buying back in if the mngt gave us clearer news. I suspect geraldus (576) is right and this smacks of the company hiding a problem. Unimpressed. Just my view.

[wanttowin] 20/4/2021 08:04

Someone quick of the mark for 100k on the open, surely still good news with figures to follow.

[geraldus] 20/4/2021 07:59

Yes,miniscule I would imagine.I won't be getting my trumpet out.

[2vdm] 20/4/2021 07:56

Contract win. but again no figures put beside it. Frustrating!

[geraldus] 14/4/2021 08:13

The ill tidings of a placing not realised.I await results.Gla.

[michaelmouse] 03/4/2021 09:08

The Barrie Whipp/Jacquelin Daniell connection with TIDE/WEY is food for thought. Both companies have similar growth profiles. Not dissimilar balance sheets. If TIDE were valued on the same multiple of WEY's revenues or P/E then the share price would lie between 5.7p-11.7p.

[dubois] 02/4/2021 14:48

Interesting that Jacquelin Daniell comes on board and then a few weeks later Wey get an offer for the company?

[wanttowin] 01/4/2021 18:46

I'm quite happy to hold this one, it can prove frustrating but the name of the game has to be patience. It certainly was poor timing for release of results,and never nice to see directors selling. But they have plenty of skin in the game, I'm not selling any of mine and will deffo be adding if we see 2.5p, which I doubt. mm.. yes great to see the back of Helium, and another connection to WEY with Jacquelin Daniell already on board.

[michaelmouse] 01/4/2021 18:32

If I have concerns about a company then I don't buy shares in it. I have no concerns whatsoever here since Barrie Whipp still owns 68,000,000 shares (10.3%) and Stephen Goodwin owns 35,000,000 (5.3%). Still very sizable holdings. Just pleased that Helium's overhang has now cleared. The key metrics and prospects here are outstanding. If you know a safer AIM micro-cap with the great growth prospects that TIDE has then go fill your boots, but I don't.

[scrapheap] 01/4/2021 18:11

My main concern is seeing Mr Whipp selling 15 million of his holding as part of this - (plus another director selling 4 million) just seems odd timing given how bullish everything else seems. The directors buying in are only 333k each shares (£10k)

[michaelmouse] 01/4/2021 17:09

One final thing to mull over the Easter Bank Holiday is that Barrie Whipp the Executive Chairman at TIDE is also the Chairman at Wey Education. Now they haven't done too badly since listing!!

[michaelmouse] 01/4/2021 16:51

The placing shares represent 30.4% of the Enlarged Share Capital. The placing was at 3p (a fairly negligible discount to the share price at the time - bid was 3.2p). The key points here are that the Finals were released, and are absolutely excellent including 20%+ uplifts in revenues and profits. Gross margins are 81% and FCF was around £850,000 giving cash of £1.2m. Brilliant for such a minnow. They've clearly stated excellent reasons for raising £6m. In short to fund rapid growth and seize the substantial market opportunity. Management are clearly very confident in the future of this company. Tide is a fabulous micro-cap. Well worth noting that the placing has also enabled Helium to sell their remaining holding. Their constant drip feed of shares were the main drag on the share price. Accelerated book-build was oversubscribed. When the results and placing are read and digested, I think investors will twig what a great little investment this is.