Iconic Labs Share Discussion Threads

[anotherdaytoday] 23/11/2020 09:50

Now Now Mr Tait. calm down.

[different world] 23/11/2020 09:16

Another 3bn day on the cards then.

[livup967] 23/11/2020 09:07

I have a feeling sometime MM mark the price up at close Friday
and keep the ASK the same because they are not sure
if news will drop early Monday. as they are in the dark also,
when they see so many big buys coming through before the weekend lockdown,
and if news don't come, they adjust the price back on opening..

but that doesn't mean update is not coming??
looking at the relentless buying going on ATM,

WE WILL WAIT SOME MORE, where ever it takes us

liv..

[livup967] 23/11/2020 08:53

morning D/W

JUST ANOTHER TRICK OR TREAT DAY, that we are use to..

nothing to worry about, with over 100m buys to 700k in the sell column,
and even that may be a buy as that drop was a technical one
as the ask at close Friday was 0.013p although the price was showing 7% up

we are on our way

give it a chance

ATB

LIV..

[livup967] 23/11/2020 08:53

morning D/W

JUST ANOTHER TRICK OR TREAT DAY, that we are use to..

nothing to worry about, with over 100m buys to 700k in the sell column,
and even that may be a buy as that drop was a technical one
as the ask at close Friday was 0.013p although the price was showing 7% up

we are on our way

give it a chance

ATB

LIV..

[different world] 23/11/2020 08:39

Good morning all.

[city1911] 22/11/2020 16:08

If you can message me when to sell and buy as I'm a novice lol

[pwhite73] 22/11/2020 14:17

RNS - 13/11/2020 - ".....the Company will not enter into a transaction with EHGOF for a 3 year period."

Parob - "EGHOS may have increased to 3% to allow them to take place in the recent placing."

Keep away from this stock and the pay-as-you-go liars contracted to promote it.

[parob] 22/11/2020 14:04

Very true but it was obvious that the price wouldn't go on a massive run as EHGOS kept dragging the price back and funding was needed.However, things could be different this time around due to (13-11-20):The Company is also announcing today that it has entered into a new more conventional debt facility (the "Facility") with Shard Merchant Capital Limited ("SMC"). The Facility is to be secured and is for an aggregate amount of up to GBP1 million, with an initial drawdown of GBP500,000 from SMC. The Company is also announcing today that it has brought to an end any further issuances of Ordinary Shares to European High Growth Opportunities Securitization Fund ("EHGOF") and has agreed with SMC, pursuant to the terms of the Facility, that the Company will not enter into a transaction with EHGOF for a 3 year period.

[city1911] 22/11/2020 13:31

It's not always easy to know when the high has been reached though in most SP's

[parob] 22/11/2020 12:30

I made decent money trading ICON by buying low and selling on two previous spikes. All about buying low and selling high. Really is that simple.IMO we saw the low when the spread was 0.0124-0.0125 on Friday and we are about to see the next big move up over the coming days once the placing shares have been fully churned.EGHOS may have increased to 3% to allow them to take place in the recent placing. We may see a TR1 from them soon taking them back under 3%/to 0%.Personally think the risk/reward is very favourable at this level. Bought back in Friday afternoon and have more funds ready to add further on any weakness.

[blades38] 22/11/2020 12:11

White
Why on earth did you buy in a few weeks ago knowing what you know
You sold at a loss now move on ffs

[jonny_five111] 22/11/2020 11:52

The only thing worse than serial rampers are the so called "clapped out senior citizens" who spend all their time hanging around bulletin boards of shares they pertain to hold no financial interest in. Those who believe they are taking the moral high ground and portray to be the saviour of all our "new investor"s souls (and wallets). When really they are just as in it for themselves as everyone else, twisitng facts to suit their own agendas, but without the morality to just admit it like the rest of us. NEXT.

[pwhite73] 22/11/2020 11:39

For every new investor whether it be ICON or any other company stock the clock always starts today. A new investor is not interested in what happened back in March 2019. They are not interested in the failed £1 million contract. They are not interested in the resignation of DS to protect the company's reputation. They are not interested in the death spiral. They are not even interested in the collapse of the share price by 95% over the past year. New investors look forward as and from today.

It is the responsibility of retired clapped out senior citizens like me to remind the young of the past. For without knowing of the past you cannot plan for the future. Once you know the past of ICON and the actors involved JQ and DS you would also know the company has no future for PI shareholders. The future for the directors and funders has never been brighter but for PIs it has never been darker.

The FCA permitted the issuance of up to 20% of a company's shares due to the Covid-19 emergency. This has now been withdrawn. The company cannot issue anymore shares without publishing a prospective. The calling of a EGM inclusive of resolutions to issue billions more shares will be the next game changing announcement from this terminal POS. AVOID AT ALL COST.

[jonny_five111] 22/11/2020 10:26

Rather bitter is an understatement. Its always a little sad to see people with significant losses never being able to let go and move on.

Those large round buys are highly unlikely to be MMs closing shorts too. What utter garbage! They will be forward sold placing shares. And the arbitrary date of the placing shares "flooding the market" last Friday means nothing. They are all but sold most likely as is always the way.

[parob] 22/11/2020 09:31

On an operational level, we believe the recent doubling of the base monthly management fee under the JOE media deal is a gamechanger and builds upon the commercial traction that we are achieving with these underlying businesses - in which we have a 25% profit share. To give some examples, since taking over the management of JOE the Company has not only secured several major sponsorship contracts but has increased programmatic advertising revenue of 300%. We have also significantly increased revenues at TLE, with programmatic advertising revenue more than doubling in recent months.

[parob] 22/11/2020 07:30

Post by OilNovice on 20/11/20 on the lse bb:Just to add to the MCAP analysis. I believe the market discovered the 'baseline' value in MCAP terms in March / April 2020. It went down to c.£340k - which was when it was a 50/50 between survival and bankruptcy. Since then, ICON has started to win work, get retainer contracts, employ some high calibre staff, and even achieve a profitable balance sheet.The market clearly sees a growth company in ICON.Since the baseline value, the market now values ICON at c.£4.7m which is growth of c.1400%.Unfortunately, during this period shareholders have not enjoyed this rise due to the variable convertible loan agreement with EHGOS and subsequent dilution. When Institutional Investors and Equity Buyers (Shard Capital) look at companies to invest into, they will look at the 3-year ROCE. For ICON, I believe this will be based on growth potential using multiples of Price / Sales. We know that ICON's revenues are c.£2.1m per annum. Using a growth rate of 100%-200% (typical for JOE) an Investor would apply a multiple of 10-25 times sales.Using a growth rate of 1400%, this multiple would be far higher... If ICON can continue to grow as they are now, and sustain this over the next 12-24 months, we are looking at a significant company, and with no EHGOS shareholders may finally see a reflective rise in share price ..

[prof_glenglad] 21/11/2020 21:09

Ziggy, disappointed in you after all this time!Do some research, look these words up in the dictionary.HonestyTruthIntegritySelfishFactsThey are all words you seem to have no understanding of.

[different world] 21/11/2020 16:36

I'm wondering whether eventually there will be a takeover here, possibly by a bigger predator in a similar field.

Sometimes these very small companies are exceedingly vulnerable.

[livup967] 21/11/2020 16:11

afternoon D/W AND ALL''

yes that was some unbelievable monster buys all day and towards the end.
someone is sucking up anything that's going begging for a home Hmmmm,
god knows how MR Market held it back for so long,

and yes Monday onwards should be interesting,
but as we know we just cannot speculate on any outcome here,
or get too excited as this is still a big gamble,

but if EHGO is really gone, and J/Q start to offload those new contract
from JOE he keep going on about, then we could soon start to see a more
reasonable share price going forward.

GLALTH for next week and beyond...

ATB

speak soon

liv..