Hellenic Dynamics Share Discussion Threads

[extrader] 17/1/2024 19:10

Guys,

The Piraeus offer is highly conditional and short on substance.

The facilities discussed are :

(1) Export factoring = discount of receivables ie any payment risk on buyer, after HELD has jumped hoops on performance (production, quality etc);

(2) APG's in respect of grants already applied for ie self-liquidating discount of receivables ie primary payment risk on grantor, not HELD (other than secondary recourse);

(3) unquantified working capital for plant expansion (presumably above that plant already (?) commissioned).

No detail re amounts of ££ involved, pricing or security terms.

It also requires a detailed reworking/updating of HELD's business plan (the original IPO version presumably superseded by the recently acknowledged 'pivot' in business model), to be submitted by an independent third party consultant acceptable to Piraeus.

Apart from the additional cost, that's not exactly a vote of confidence in HELD management, is it?

Nor does it seem likely to be a quick process, IMO.

A step forward, to be sure, but not quite as it's been bigged up to be, AFAICS.

GLA

[halland75] 17/1/2024 16:13

420k just appeared.
Looking forward to the close, hopefully a monster buy after hours.

As has been said, today was the game changer for us.
That is twice now Davinder has spared us from dilution.

I am certainly not ruling out another RNS tomorrow.

If you didn't know before, know now that your money is in very good and capable hands.

[halland75] 17/1/2024 14:21

From iamnotbitter on LSE.
I couldn't have said it better myself!

RE: RNSToday 13:49
This is the start of the management team getting their ship in order. The Riverfort funding was at a silly level and you would imagine they have done a great deal with Piraeus Bank. I really feel the team are going to deliver the goods and win some big contracts going forward. Cannabis stocks are back in vogue in the US and there has been some major moves in the sector YTD. If you look at the volume that has traded since DEC 1st 23 (47m Shares. 38% of the company. But lets divide that in two as the market maker buys and then sells them. Still 19% of the company). There has been big sellers exiting but news buyers are soaking up the stock. You can only think its one of the main holders that owned it when it was a shell. Now that the funding question has been answered and NO equity raise needed I am looking forward to management delivering the goods. I really think with the right contract annoucement we see this into the teens.

Fill your boots here while you can the move is about to start.

[comedy] 17/1/2024 14:05

Nice 500k :)

Right better get on with day job.
Catch up next month.

[comedy] 17/1/2024 14:04

Ps the 7p collapse took ages to happen and obvious now due to seller.
Many probably have brought their averages down.
Expecting 10% scalpers as we move back up but until we move past 10p, this news has not made its impact imho.

[comedy] 17/1/2024 14:00

Oak I’ve just been buying steadily last 6months.watching all the videos not to put all your eggs in 1 basket.
Then carried on buying. Been here I think 3 or 4 years now.
Today finally can see they must be at a stage of a “ business” where a decent bank wants to lend them money.
Those who understand business and banks will realise today was a Gamechanger rns.
My plan was to buy another £10k on Friday as the stock though moved of the bottom has been having large volumes traded over last
Few weeks which also signified as someone has already posted the seller finishing up.
Today could be the last of that stock ???
I bought a stock years ago at 0.45p zone, it moved to 2p zone and then on next news hit 8p.
I put in £6k left at £22k zone, but if sat on hands would have had £100k… pre 2014

[oakridge] 17/1/2024 13:55

There are plenty of people here, holding decent sized chunks who are SPC holders, or even those who go back prior to that (ie Mountfield). They have sat through 18 months of suspension as HELD came to market...and then another year as the new company finds its feet. That kind of money isn't going to bail into a 20% rise off the lows we've seen. After todays reassuring news? Much more likely to add if anything...exactly as we're seeing. Would be nice to see a squeeze on until we are well up into double figs and from there, +ive company developments for the rest of the year.

GLA. AIMO etc

[oakridge] 17/1/2024 13:49

Comedy, I agree.

What's more is the period of woe and stagnation has already forced a lot stock from weak or nervy hands.

Much of the retained stock in the hands of retail investors is probably pretty 'sticky' (ie long term, or at least patient enough to see their purchase prices hit and move comfortably into profit).

[institutional investments] 17/1/2024 13:49

Seen enough in market. Taken higher price alerts off. Just await the RNS ping

[lawson27] 17/1/2024 13:48

Nice on an otherwise dire day! :-)

[institutional investments] 17/1/2024 13:47

You can tell news is imminent. Small funds don't get the feed until the lads in the know have completed build. It's feeding out now

[comedy] 17/1/2024 13:46

Can we do straight line to 10p then il be relaxed and 😊

[halland75] 17/1/2024 13:46

Flipping hell! This is going great guns.

Don't worry comedy, the day is coming when you will surpass your average.

I would say good luck to everyone, but we won't be needing it 👍

[institutional investments] 17/1/2024 13:46

Maker is on to the CEO now

"Can you hurry up with the release FFS. I can't contain share price much longer"

😂

[comedy] 17/1/2024 13:46

Can buy 1% of the co for approx £50k.

[institutional investments] 17/1/2024 13:44

The news is out there....

We just didn't hear it yet ...

[comedy] 17/1/2024 13:42

We haven’t even moved , when it fell from 0.1p ( new money 10p)… then new money 7p.
Some of us have averages from those stock levels and higher.
Until we get past 15p we haven’t moved.
Plus guess very little high volume sellers round this area as most bought stock higher.
Also consolidation effectively wiped out higher buyers b/e unless they buy at lower prices?
Friday will be interesting?

[oakridge] 17/1/2024 13:38

Well done to whoever napped the 200K on offer.

[institutional investments] 17/1/2024 13:34

Something has got out to the smaller funds. For sure so it's nearly time

Anyway best of luck all

I will pop back around 10p and see how it all is

[institutional investments] 17/1/2024 13:33

Running at 92% net aggregate buy side today

Phenomenal numbers

I think il forget about the fast 200% here, and hold for a much bigger pay day later

[oakridge] 17/1/2024 13:32

Ping goes the spread and just breached 5M volume for the first time.

Excellent stuff.