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QYM Quayle Munro

590.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Quayle Munro Investors - QYM

Quayle Munro Investors - QYM

Share Name Share Symbol Market Stock Type
Quayle Munro QYM London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 590.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
590.00 590.00
more quote information »

Top Investor Posts

Top Posts
Posted at 22/3/2013 10:23 by stevie blunder
Presentation now on the website:
Posted at 14/3/2013 16:37 by stevie blunder
Yes that is a bit worrying, although they did raise the carrying value, so QYM can't be that worried.

The only positive spin I could put on the Morris news would be that perhaps they have fewer sites open? That would help them reduce the debt which may be a priority. I don't know. I may try to get an answer next week.

AMG have another big investor, Strathdon Investments trying to exit, something might happen there soon ( but I thought that last year)

Vascular Flow is a disappointment, but might come good.

They do seem to be going for growth on the advisory side, and want to invest the cash pile. How that all works out remains to be seen, I would love some more Kath Kidson type investments! 50k to 2 million if memory serves.

So we will have a Venture Cap type fund with a dividend from the advisory work, and hopefully an occasional special dividend when one of the investments crystalises. Not a bad story, just needs executing ;-)

Shares seem to be up today, but that is wrong, the real spread is 600-650 if you try to deal.
Posted at 18/2/2013 08:31 by stevie blunder
Interims on 14th March and 2 investor days.
They must think they have a good story to tell if they are going to this trouble, especially with an Interim statement.

I plan to attend the Edinburgh event, should be interesting as I haven't been to an AGM since they moved to London.
Posted at 03/1/2012 18:35 by stevie blunder
Tayside getting some serious funding:



25th November 2011 – Tayside Flow Technologies Limited ("TFT"), a Dundee-based vascular medical device company, announces the completion of a £4 million investment by a Guernsey-based Trust. The £4m investment is a combination of equity and debt, and will allow the Company to drive forward through its next phase of growth.
As a result of the funding, the Company is pleased to secure two new appointees to the Board of Directors. A new internationally experienced, medical device CEO has been identified who will be formally taking the reins in January 2012, and a new non-executive director will represent the interests of the Trust.
Brian Howlett will continue as non-Executive Chairman and Graeme Houston will be Medical Director. The strengthened Board has a breadth of relevant operational and strategic experience, and is well placed to drive the Company forward.
Brian Howlett said: "This significant new investment represents a very positive step forward for the company and will allow the management team to properly execute the business plan until 2013".
The new investor is backing the company based on the potential of its disruptive technology platform, spiral laminar flow (SLF). The primary aim is to commercialise fully the initial regulatory approved applications in the field of vascular surgical grafts. Discussions continue with other interested potential investors and industrial investors/strategic partners to boost further the company's commercialisation plans. Potential co-development or licensing of its SLF stent asset is also envisaged.
In addition to the new investment mentioned above, outstanding loans from existing shareholders including Braveheart Investment Group and Quayle Munro were converted in to equity. New investors from the Equity Gap syndicate, management and a number of individual investors were also granted shares in respect of subscriptions to a bridge round which raised £442k earlier in the year.


Gives them 2 years funding. The new investor must have faith in the products, but it looks like QYM are diluted. Can't tell how much without more detail of the holdings and the loan conversions. Any return would be good as the investment is written off in the balance sheet. Hopefully a sale or flotation in the next 2 years.

Aortech have a co-development project with an unnamed company for an AV fistula, suspect it could be Tayside, but only guessing.
Posted at 04/2/2011 07:59 by stevie blunder
Thought I would try and get a handle on what to expect in the half year results.

First I don't think there will be any change at Morris, it is probably chugging along in line with the slow recovery in the quoted house building sector.

The professional advisory business could be quite interesting though.

In the first half last year they declared £5.1M professional revenue

For the full year it was £15.6M, pointing to a sharp improvement.

The outlook statement at the full year said:

"While it is difficult to predict the outcome for the next year, with our strong financial position and healthy pipeline of work I believe there is scope for further growth both organically and by attracting more senior people to our advisory platform. "

That leads me to expect/hope that professional revenue in the first half might come in around £10M which might generate profits of £2.5M. There should not be much in the way of exceptional costs this year so most of that should drop through to the pretax level. I am hoping for 30-40p earnings, which would allow them to raise the dividend, hopefully by 10%.

These earnings should also be "clean" ie encumbered by changes in the investment portfolio and so will be much easier for investors to understand.

Results last year were on 4th March.
Posted at 11/10/2010 13:27 by makingheaps
7% up today. Amazing what one trade of 1,000 shares will do to the value of this business. The tightness of the market and the size of the spread does nothing to encourage investors. Once you're in you've got to be in for the long term!
Posted at 28/10/2008 21:36 by joan of arc
As an aside support the Kill the Spread campaign. It is in all our interests!!

See below :-




www.killthespread.com



October 2008 (2)

Dear Supporter,

We wrote to you earlier this month with details of the Kill the Spread campaign objectives - since then word has really started to spread! Below are the links to the latest news and articles written about the campaign over the last two months. Were you aware that the London Stock Exchange is facing a High Court claim of anti-competitive behaviour from Plus Markets??

Change we need.....so what's next?

Since we last wrote to you, we have been approached by several brokers, wanting to know more about the Campaign and offering their assistance!

We were very encouraged by this – it's comforting to know we aren't the only ones complaining about the AIM and its Market Maker system. It's killing their business too!

We have learned a lot from their perspective on the way the AIM works and have now started discussions on some interesting initiatives including:

1/ Ways of creating an alternative Broker account for AIM shares, which could effectively cross stock between buyers and sellers, bypassing Market Makers and avoiding spreads.
2/ Creating a "ring-fenced" nominee account, offering guarantees to shareholders that their stock will not be loaned in the Market to cover short selling.

We think these could be very compelling propositions for Investors and any views or feedback you could give us on this would be very helpful; info@killthespread.com

We are also discussing ways forward to achieve the big systemic changes we are looking for with Direct Market Access, and we hope to be able to update you shortly with some very interesting developments.

We are finding that there is a willingness to listen to the voice of the Private Investor, but to turn these initiatives into constructive measures, we need to prove we have sufficient numbers behind the Campaign.......... and this is where you come in!

Hitting those Numbers!

At this crucial stage your support is essential and we are now asking you to make a really big effort on behalf of Kill the Spread.....

As a growing grass roots movement, we are now being taken seriously. We want our demands to be implemented as soon as possible and the only way we can ensure this happens is to prove beyond questionable doubt that a significant number of Private Investors are totally dissatisfied with the way the AIM market currently operates and are demanding change.

In simple terms - we need to get the numbers up - and fast!


5,000 supporters = ACTION!

Our target is to get to up to 5,000 supporters. We're getting there – but we need to get there quicker!! We are currently up to just over 1,300 supporters on the Poll - so there is still a way to go.

We are getting publicity but we really need the word to spread......So please, make sure you tell as many Investors you know about Kill the Spread.

You can spread the word in the many ways:

Talk to others Investors about the campaign
Post a link to the site on your Blogs
Post a link to the site on Bulletin-boards,
Tell people in you Share Club/Investor Group
Tell Everyone!!

Ask people to sign up at the website


and get them to complete the on-line poll



it won't cost you anything and will only take a few minutes of your time.

Help give us a real push – and remember if every supporter brings in just 3 new supporters - our numbers will quadruple!!

We are now on the brink of making a real difference for all Small Cap Investors - so a big push for more supporters right now is just what we need!

Thank you once again for supporting Kill the Spread – with your support change really is possible!


Kind regards



Campaign Coordinator
Kill The Spread

www.killthespread.com
info@killthespread.com

Please email us at info@killthespread.com - if you want to know more about Campaign - all question & comments are most welcome!

Recent News:


The London Stock Exchange is facing a High Court claim of anti-competitive behaviour from Plus Markets




Great Article by Tom Bulford





another mention from Dominic Frisby
(mention is at the end of this article)
Posted at 01/10/2008 12:53 by makingheaps
A spread of £1.50 is hardly enticing for new investors. Stock as hard as ever to find
Posted at 17/4/2008 10:01 by stevie blunder
Hi Makingheaps,
I've been on Holiday the past 2 weeks, nice to see they have been busy while I was gone!

Today's announcement on STS seems like a good deal, and should result in an uplift in NAV if I have understand it properly. OTOH they are left with a 49% stake in a company with no exit strategy on the horizon that I can see, except to wait for the management to retire and sell the company at that point. Hopefully STS will pay out some good divis in the meantime.

The Acquisition of Tulleken is encouraging, I was expecting/hoping something to be acquired after their comments in the interims. We just have to wait and see how it performs, hopefully they will break the rule that acquisitions are usually value destroying ;-) I am a bit puzzled by the terms which are quoted as 6.1 million, 313,988 shares and the payment of £1,952,386 in cash. On my calculator that works out as 13 quid a share, well out of line with the market price. At least the vendors were not put off by part of the consideration being effectively in Morris shares!


On the subject on AMBR, I haven't looked at them for a while, last time I did they were at a premium to NAV, which I see have now gone. Thanks for the heads-up, I will have a look, a good divi and some asset backing always appeals to me. I already have Anglo Pacific, which is more of an active/hands-on investor than an advisor in the same sector.
Posted at 28/1/2008 19:59 by makingheaps
Good news re TFT but a bit of perspective required. Investors have injected £6.7m for 80% of which QYM paid £1.4m so their stake is approx 17%. Lets be bold and guess that in the next three years TFT becomes a 10 bagger ie. worth something like £85m. That would only add about £3 to QYM's NAV. I'm not saying it's a bad investment but it's not the real driver of the share price right now. If you're looking for positive news in the unlisted investments I think their stake in Submersible has better short term prospects.

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