Mycelx Technologies Share Discussion Threads

[solooiler] 07/4/2021 08:50

nico

The rollercoaster off the trough is in its early innings. how often do you get to buy a company for less than the net assets it owns. Deep value style investing.

' MYCELX has made a strong start to the year '

[nico115] 02/4/2021 12:41

TotallyAgree I'm long at 30p and looking for at least 70p here

[solooiler] 31/3/2021 09:52

A nice little entry dip for new holders if they want it! Half the valuation in cash, huge discount to asset value and a new chapter for the company beginning with some exciting tech. Only £8m market capitalization leaves a lot of juice for the tank

[oldtimer169] 25/3/2021 09:03

Thanks for the clarification.

[solooiler] 25/3/2021 09:01

It may be best practice but not common for property sales. It is common for business disposals but this is not that.

[oldtimer169] 25/3/2021 08:58

It's surely good practice to issue an RNS to that effect?

[solooiler] 25/3/2021 08:42

A tweet last night from revue author

"#myx MyCelx update. I checked in with the company and the Duluth property sale has been completed and the funds were received on March 12th (this is within the 30 day window they put out in the initial RNS). So they are sitting on about $6m of cash and cash equivalents thumbsup"

[someuwin] 24/3/2021 09:27

MYCELX have a marketing & distribution agreement with the mighty Schlumberger (the largest oilfield services company in the world)...

[solooiler] 24/3/2021 09:15

this company have 50% gross margins and attracted a world class customer list only on the energy facing products. I imagine the market has to correct this valuation anomaly because the potential of the polymer into new applications let alone the upturn in the core business is in for free.

[oldtimer169] 23/3/2021 08:19

Very positive comments as the company embarks on the next stage of the journey.

[nico115] 23/3/2021 08:02

A very positive RNSShares are ridiculously valued but then again I would say that !!

[someuwin] 23/3/2021 07:59

Yes - very positive sounding comments.

[solooiler] 23/3/2021 07:41

New chairman. Quotes are very encouraging for where this business is finally going. Im getting a little bit excited.

"The next chapter of the mycelx story is set to be a very exciting one"

I wonder whats coming out from under the duvet.

[solooiler] 22/3/2021 20:49

Thank you still. This is a very exciting company only entering the radars of some investors for the very first time. The chart looks excellent for a good run in the coming weeks

[knowing] 22/3/2021 11:39

Hi Solooiler not mine but someone else's but worth sharing so people can understand the potential.

[solooiler] 22/3/2021 11:36

Excellent. Thank you for sharing your research. Lots of new things I did not know mycx was up to that just makes this more exciting

[oldtimer169] 22/3/2021 09:42

The 2 year chart speaks volumes!

[solooiler] 20/3/2021 15:36

Angkawijana own at least one other property on Meadowbrook Parkway where the Duluth building is

I guess we will get an RNS when all the paperwork gets signed off

This is too cheap. You have been warned! Let us see where the share price is at january 1 2022 ;)

[jungmana] 20/3/2021 13:59

From 18th of February rns, has this sale been successfully concluded yet?"The sale of the property to Angkawijana, L.L.C. is subject to certain typical completion conditions to closing. Post transaction, the Company expects to have circa $6 million of cash and cash equivalents on the balance sheet. The transaction is expected to close within the next 30 days."Update next week imo

[knowing] 19/3/2021 16:17

Well after a strong rise and a down market day not surprising to see a bit of profit taking. Will be looking forward to the next leg up.

[oldtimer169] 19/3/2021 09:10

We await the major shareholding updates with interest...

[pass the dutchy] 18/3/2021 18:50

ANA will be the UK’s leading cannabis producer (200 TONS per year that’s worth £400m)


Share price 1.45p
Only £8m mkt cap


Fastest growing sector worldwide
Will have first mover advantage in UK
Same growers as GW Pharma (just got sold for £5b)
4 biggest shareholders hold over 50%
BOD own 30%
Massively undervalued
Near term multi bagger on license approval
Partners with leading prof , scientists etc
Primed for a RTO/ main listing (price driver)
Under the radar (most chased MXC,CBX)
Looking to bring a product to market
Off take agreement in place already
Will be producing 200 TONS per year (200,000 kilos)
Has the most land out of every UK cannabis co (40 hectares)
Fully funded for phase 1
UK medical cannabis growing 20% month
Only 584m shares in issue
Hardly any available in open market
Will apply for a commercial license too

[playful] 18/3/2021 13:58

Just sold 20K at 40p but will hold the rest for the time being.

[solooiler] 18/3/2021 13:56

Myclx was unlucky with covid else 2020 would have been a much better year than 2019. Hell, oil prices went negative, global travel was shut down and they still managed $7m of revenue. The technology is worth $20m alone before $6m od cash. Think about it. Nearly $50m of revenues in the last 3 years at 50% gross margins is worth a lot in the pocket of a bigger company. I cant wait until they come out with plans for the agriculture industry and pollution cleaning