Elektron Technology Share Discussion Threads

[tilly99] 31/7/2017 08:10

Wow sold off Titman for as little as 500kThis made 400k profit 2 years ago so current managers must be laughing in their sleep as have bought Titman Tools on a pe of 1At least we can afford Daley and Wilsons wages for another year!!So we have now sold off most of the company ex BulginNothing for Daley to do now ..turnover will be much reduced and Daleys role now nonexistent He should employ someone to take over Checkit which hasn't won a meaningful contract even though we have invested 15m gbp in itDaley should now step down as 900k in central costs for a company whose revenue has now fallen 40pct due to disposals is excessive

[blackss] 21/7/2017 09:25

Black SS
20p or 5p ..which comes first?

I suspect the 10th of august will come before either.

[tilly99] 21/7/2017 07:41

At some point they are going to have to make a decision on checkit Then we will be able to value Bulgin What is it that Ruffer sees then that many here don't? He can't be a fool as he is a highly regarded find managerHolders are lucky this is a very tightly held share which means movement to the upside may get exaggerated Black SS20p or 5p ..which comes first?

[blackss] 20/7/2017 23:37

you can't just value Bulgin as it is locked up inside a loss-making group. No-one is going to bust EKT to release Bulgin and no one is going to shut down Checkit and have to explain where £8m-£10m went..
Lets see what happens in August. I do hope you can get out at your target and we can all move on and never look back at what has been an appalling display of how not to grow a company over the last 10 years.

[tilly99] 20/7/2017 22:31

You can value Bulgin as you can close checkit down at any point

[tilly99] 20/7/2017 22:31

A rise for no reason is not sustainable Not sure I agree with thatWe were too cheap at 5p and Ruffer buying may indicate he sees value where others don't..I'm sure they aren't idiots!!Whose to say if his average is 8 or 9p that he won't double his money??Most said I was mad when I said we would triple from 5p and we are nearly there!!

[tilly99] 20/7/2017 22:27

They are illiquid at times but I would say they are v liquid at the moment!Maybe 12 15 in 2m?!! Haha only me guessing from some recent RNSSo there is liquidity As to checkit and Bulgin ..I have said for a while Bulgin is worth 15p all day long And so what if checkit fails ? There was still value at 5p and 10p Thanks for your thoughts black SSI have reduced recently so this isn't such a big part of my portfolio any more with spectra now my biggest holding by far and luckily have tripled my money so far

[blackss] 20/7/2017 22:07

I am amused by the rise.
You know better than me that a rise for no reason is not really sustainable.
Daley alluded to a deal with Compass but that could simply be a few units on free trial, he has not RNS'd any sort of price sensitive financial deal with them which he would have been required to had there been any share price changing deal..
He has said Bulgin has done well but Bulgin has to carry checkit, the two are intrinsically joined at the hip. You can't value one without the other unless he plans to sell off one and let it stand alone.
My personal opinion is the company is only here because it has been asset stripping in selling off its profitable divs (albeit very small profit) in order to prop up the biggest loss maker the company has ever had. The cash position is also through sales of divisions not revenue from its products IMHO.
The shares are so illiquid it might only be one buyer buying at the expense of many small sellers, i am sure that any reduction in private investors would please Daley given his apparent attitude to them :)
Bottom line is we will find out on 10th August

[tilly99] 20/7/2017 21:13

Black ssAre you surprised by this rise?Would you sell out here if you were a large holder?

[tilly99] 20/7/2017 08:59

EKT going up every dayWhy?News due on checkit?Not a seller in sight My target of 15p will be hit within days at this rate

[tilly99] 19/7/2017 16:11

Have a look at SpsyI bought a stake at 20pNow 70pI think it is going to 10 pounds!!Have a look at the CV of the CEO and then compare it to Daleys CV!!It has the best technology there is..it's not a checkit..put it that way!!

[tilly99] 19/7/2017 14:53

Thanks beeksI always had belief in Bulgin like many here Just a shame we didn't have different mgmnt or we all would've made so much more 5p was madness but thankfully I didn't panic there Vlty and spsy also been good for me..staying away from miners now as cost me too much money Rhl at 9p looks v interesting ..doing some more work on that Appreciate the message Beeks

[beeks of arabia] 19/7/2017 14:35

I tip my hat to you Tilly. Credit where credit is due. Well done!

[simon templar qc] 19/7/2017 13:14

More legal proceedings to be "launched" very soon as well which will make all previous proceedings unlawful due to evidence of various parties actions which involve fraudulent conduct.

[tilly99] 19/7/2017 12:55

Bowl forming here on the chart?If so 20p will soon be reached Feels like we are on launchpad

[simon templar qc] 17/7/2017 16:09

Shareholder list is irrelevant its all going to be reorganised in due course, once the courts deal with all the wrongdoing.

No one is allowed to benefit from any wrongdoing that is the principle in the UK judicial system.

[tilly99] 17/7/2017 15:52

Not a seller in sightThese could get squeezed up now 20p isn't unrealistic No loose shareholders on the shareholder list

[tilly99] 16/7/2017 11:11

I value this differently to blackss who looks at navI look at how much Bulgin makes4m and put an 8 pe on it so 32m qd With 180m shares that's 18pI also think checkit has a 25 pct chance of success..if it is then ekt will fly into 3 figures Gutted for Barry here as he was treated awfully

[tilly99] 16/7/2017 11:00

You all laughed at me when I said I have a 15p tgt hereNot long to go now til that is reached If checkit takes off then 100p targetYes I have been selling some as nice profit on my cheapies that I bought from RhotothermD and A must be delighted with their returns here

[simon templar qc] 15/7/2017 20:16

Why can't the posters who press the red thumbs down reveal yourself or are you afraid you will be implicated in all these wrongdoings?

Bit of advice for people who think the Court of Appeal, Supreme Court, and even the court of European actions once exhausted is the complete end of all litigation.

Not at all, one only needs to look at the recent Charlie Gard case to understand the complexities of the judicial system.

It only takes new evidence and or evidence which hasn't been considered properly in order to take the matter back to court to seek a further appeal and that is what is happening with the Charlie Gard case. The matter has already been considered by the High Court, Court of Appeal, Supreme Court, and the European court and due to new evidence its back again in the High Court the Judge now accepting new evidence can be looked at.

Legal proceedings are very much active and they will be for some time to come, all the injustices involving any wrongdoing as a consequence of Elektron directors are yet to be put right and restitution sought and or including any committal sentence ordered.

[simon templar qc] 15/7/2017 17:52

So why hasn't the 2.5 million trade been printed when one of EKT's holders sold lately?

All the trades are being looked into of late including brokers conduct!

More court applications and request for court orders very soon.

[simon templar qc] 15/7/2017 12:32

1 million went through the market at 13 pence. This is probably a delayed trade from a number of days back, not all trades have been declared properly and these matters are being looked into.

If poster think for one moment all litigation has ended they are very mistaken.

[simon templar qc] 13/7/2017 04:07

1 million shares were bought by Ruff which were not declared in trades yesterday at 13 pence.