Mycelx Technologies Share Discussion Threads

[snowy78] 11/5/2020 12:04

Good news this morning, the company really needs to up its PR game, as does NUMIS as broker. Should be a proper recovery play now seller has cleared.

[snowy78] 05/3/2020 12:37

Thought it read quite well today. Need to get the recovery story out there. These should be 75p+ once the contracts come in!

[snowy78] 21/2/2020 12:56

Should be due a Q1 update soon...

[snowy78] 19/2/2020 19:51

Very quiet on here, surprised about the share price performance after the forced seller, Garraway was cleared and the CEO bought a hefty chunk. Institutions were happy to pay a much higher price at the last placing. Not many companies out there with such high profile names on the client/consumer list. Be interesting if they can convert some contracts in Nigeria this year, I would also like to see if they can use their technology and patents in household appliances or uses. With all these green energy/technology plays going mad lately, hopefully Mycelx can have its moment in the sun and make a recovery back to the 100p level.

[rp19] 05/11/2019 12:25

On the watchlist but visibility of earnings is poor.

[cfro] 04/11/2019 07:58

Well, the directors were buying around these levels and Octopus increasing their stake to 16%.

[cfro] 16/9/2019 17:56

Results as expected. There is the delay in the Saudi contracts which should come through eventually. I dont know what impact the drone attacks will have - whether new contracts will take longer to come through, OR maybe the infrastructure re-build will lead to more and potentially larger contracts? I liked the new contract wins in Nigeria and Australia. (not holding any shares presently but watching with a keen interest)

[someuwin] 12/9/2019 10:51

Worth buying now imo. Forecasting for 2019: $4.5m cash, EBITDA $2.5m. Profit $500,000. And that's without any new deals before year end. (H2 expected to be busier than H1). NED and CEO buying last month (CEO adding £247,500). H1 results and current trading update before end of September.

[rp19] 16/8/2019 17:56

At 55p a share, not a bad gig.

[someuwin] 16/8/2019 16:11

Huge buy by CEO - 450,000 shares = £247,500 worth!

[thefartingcommie] 08/8/2019 17:01

re Big seller by the looks of it ....serious o/hang here from City Financial..now Garroway.. David Crawfords now defunct CF fund had c 18% hldg here....now down to c16% under new management. Am reliably informed that this is a Woodford type of situation..for which a resolution is being actively sought.

[laptop15] 07/8/2019 18:53

Big seller by the looks of it

[laptop15] 23/7/2019 10:31

What's the story here guys??

[nimbo1] 30/6/2019 15:26

basem1 no i sold out after realising i didn't like certain attributes including the us business listed on aim malarky. I am very strict with my core holdings criteria but can play loose around the edges...fortunately not impacted here.

[supernumerary] 17/6/2019 16:07

ic - that's what I mean - one would have to accumulate in tiny dribs and drabs and would then find it completely impossible to sell should you ever wish to do so - dangerous to own such shares. I also remembered I didn't like the US incorporation much either.

[supernumerary] 15/6/2019 12:13

When I last looked at them the big problem was liquidity - impossible to trade in any volume. Still only 20M shares, and their site says 73% not in public hands. I expect the news will have loosened a few! https://www.mycelx.com/investors/securities

[srichardson8] 15/6/2019 09:49

Put simply the company has to rebuild trust in its execution and management. Last year was the first profitable year since 2013. Last month there was no hint of problems which have apparently emerged from the ether over four weeks 'We expect to continue to work with our partners to grow our business and footprint in this important, robust market into 2019 and beyond. ' 13.5.19 CEO statement with annual results. Probably a case of... You can look but you'd better not touch (Poison Ivy)

[buywell2] 15/6/2019 06:38

chart says not

[castleford tiger] 14/6/2019 15:34

is there a story here are these worth looking at? Tiger

[pugugly] 14/6/2019 14:35

Currently 46.7% down - basem1 May have hit your 50% down and then bounced - Any value left?

[basem1] 14/6/2019 07:22

Jeez.....this could/should halve in price today.

[basem1] 14/6/2019 07:20

Ouch......

[basem1] 11/6/2019 12:32

nimbo have you still got your 10000 shares ?

[rp19] 16/5/2019 19:19

Just researching on the back of the impressive results. Product seems excellent. Currently rely of a small number of customers. Are people confident that they can widen the customer base? The short term rental part of the business seems to have been responsible for a large part of the reecord results. This part of the business is cited as unpredictable. Is last year's performance in this area likely to be 'as good as it gets'?