Rentokil Initial Share Discussion Threads

[hedgehog 100] 17/10/2015 19:29

Another + 20% day for KUL yesterday to end the week, featuring on the LSE top risers board:

"KUL Kuala Innov +25%"

Price Price Change [%] Bid Offer Open High Low Volume
8.00 1.625 [25.49] 7.50 8.50 6.38 9.25 6.38 1,169,946
Market Cap. [m] Shares In Issue [m] Beta EPS DPS PE Ratio Yield 52-Wks-Range
3.36 42.00 - -1.28 - - - 13.25 - 4.00




And another success for this thread, which alerted readers here to KUL's progress before the Daily Mail tip.

Further highlighting the supreme idiocy of Stig's bizarre nonsense in post 657 above:

The Stigologist 17 Aug'15 - 10:20 - 657 of 691 1 1
"what a disaster of a thread
hedgehog doesn't even post anymore due to bankruptcy i guess"


Still, I accept that envy can be a very powerful emotion ...

If you want to see a real disaster of a thread, then consider Stig's "STOCK Traders Thread" (created under his "Stockologist" id).

Set up as a rival to TOPINFO's popular "TOP Traders Thread !!!!", it sunk without trace (128 posts total, the last one over seventeen months ago!):

"Stockologist 9 Oct'13 - 06:43 7 4
STOCK Traders Thread (CR)
"

"Treacle32 4 May'14 - 20:08 - 128 of 128 0 0"


In contrast, TOPINFO's thread was on post 326699 when Stig's thread was started:

Stockologist 9 Oct'13 - 06:45 - 326700 of 539090 5 3
"Guys in light of the threat by Topinfo to take his ball and run off home I have taken the precaution of setting up a new 'mirror' thread for genuine top STOCK traders here should it be required.
NEGATIVE posts WILL be WELCOME !
It is only through intelligent debate that we can come to reasoned conclusions !
"


And it is now on post 539090, i.e. over twenty thousand additional posts in the intervening two years, an average of nearly three hundred per day (and more on weekdays).

[hedgehog 100] 15/10/2015 21:19

"By GEOFF FOSTER FOR THE DAILY MAIL
PUBLISHED: 22:02, 14 October 2015 | UPDATED: 22:02, 14 October 2015"

"Kuala Innovations, in which Jim Mellon and Steve Dattels are joint chairmen with a combined shareholding of 40 per cent, held rock steady at 5.25p but probably deserves a closer look. It has made its fourth investment in six weeks by subscribing to a 3.64 per cent stake in Delaware-based firm Factom Inc, a data company working with multi-nationals."



KUL volume today was 2,855,652 shares traded, out of 42M. in issue.
That's double KUL's previous record volume.

[hedgehog 100] 14/10/2015 20:53

12/10/2015 07:00 UKREG Mithril Capital PLC Proposed acquisition and suspension of shares

"Proposed acquisition of Agenda 21 Digital Holding Limited

Suspension of trading in the Company's shares

Notice of cancellation of listing on the Official List and proposed re-admission to AIM

Mithril Capital plc (LSE: MITH), announces that it has conditionally agreed to acquire the entire issued share capital of digital media agency Agenda 21 Digital Holding Limited ("Agenda 21") (the "Acquisition") in a reverse takeover. The Company has requested an immediate suspension of trading in its shares and intends to cancel its listing on the Official List and seek re-admission of the Company's shares to trading on AIM in due course.

Key Highlights

-- Conditional agreement to acquire the entire issued capital of Agenda 21
-- Initial consideration of c. GBP3.3m, to be satisfied:
-- 65% in cash

-- 35% by the issue of new ordinary shares in the Company

-- Deferred consideration of up to GBP8.6m payable subject to performance criteria over the next 3 years

-- Completion of the Acquisition is conditional on:
-- a placing of new shares in the Company to raise funds to facilitate the Acquisition

-- re-admission of the Company's shares to trading on AIM ("Admission")

-- Enlarged group to be Chaired by Peter Scott (previously The Engine Group and Aegis Group plc) and focused on building a digital-centric network of specialist companies operating in the marketing services, technology and e-commerce sectors.

Agenda 21 & New focus on Digital Media

Founded in 2005, Agenda 21 is a market-leading digital media and analytics agency. It creates multi-channel campaigns across pay-per-click, natural search, display advertising and other paid media, underpinned by proprietary analytics. It serves clients across a variety of industries, including financial services, utilities, B2B and B2C goods and charities. Agenda 21 has won numerous industry awards, most recently the 2015 RAR Award for Digital Strategy for agencies with 40-99 staff. The business is currently owned and managed by its founders, Pete Robins and Rhys Williams, who will remain with the business upon completion of the Acquisition.

The Acquisition has been led by Peter Scott, co-founder and former CEO of The Engine Group and former Chairman and CEO of Aegis Group plc. The Directors of the Company, together with Peter, believe there is an opportunity to build a digital-centric network spanning the marketing services, technology and e-commerce sectors across the UK, Europe and US. This will be achieved through targeted acquisitions consolidating the currently fragmented market of independent digital specialists seeking access to deeper resources to enable them to develop and grow their businesses. Agenda 21 represents the first step in building this new network.

It is intended that with effect from Admission, Peter will be appointed Executive Chairman of the enlarged group, supported by a management team with a successful track record in executing buy and build strategiesin the marketing services and digital space.

Suspension of shares, notice of cancellation of listing & re-admission to AIM

The Acquisition constitutes a reverse takeover under the Listing Rules. As the Company is currently unable to provide full disclosure under Rule 5.6.15 of the Listing Rules, the Company has requested a suspension of trading in its shares. The Company intends to apply to the UK Listing Authority and the London Stock Exchange requesting the cancellation of admission of the Company's shares to the standard segment of the UK Listing Authority's Official List and to trading in the Company's shares on the London Stock Exchange's main market for listed securities.

Pursuant to Listing Rule 5.2.8, the Company announces that the cancellation notice period has now commenced and cancellation is expected to take effect from 8:00 am on 13 November 2015, being the anticipated completion date for the Proposed Acquisition and admission of the Company's shares to trading on AIM."

[hedgehog 100] 14/10/2015 17:57

KUL has today announced its fourth impressive investment since the start of September:

14/10/2015 07:53 UKREG Kuala Innovations Limited Investment in Factom

"The Board of Kuala Innovations Limited ("Kuala" or the "Company") is pleased to announce that it has subscribed for 3.64 per cent. of the issued shares of Delaware incorporated private company Factom, Inc. (trading as "Factom"), a data company working with multi-national companies to integrate blockchain technology for data storage, management and security across industries ("Factom").

The Company has subscribed for 400,000 Seed Series Shares of Factom ("Factom Shares") at a price of US$1.00 per Factom Share (the "Factom Subscription"), for total cash consideration of US$400,000 (the "Consideration"). At the price paid by the Company, Factom has an aggregate pre-money value of approximately US$11 million.

Commenting on the Factom Subscription, Kuala Co-Chairman Mr Jim Mellon noted:

"Factom has the potential to revolutionise the way industries handle, process and store "big data", applying the huge advances of blockchain technology to real commercial issues and improving existing practices in terms of cost, time and effectiveness. With growing sales, a wide developer network integrating additional applications, and a pipeline of large client wins expected over the next 12 months, the Board believes this seed round investment by Kuala comes ahead of a significant value shift for Factom when it completes its anticipated Series A funding in the first half of 2016."

Factom

Factom's software allows companies to maintain a permanent, time-stamped record of their data tied to blockchains, reducing the cost and complexity of conducting audits, managing records, and complying with government regulations. ..."

[hedgehog 100] 13/10/2015 16:21

Cancer biotech TILS was a RTO in May of last year, accompanied by a placing at just 12p, since when it has reached 250p:

"Tiziana shares soar

By Harriet Russell,
05 October 2015

Tiziana Life Sciences(TILS) only floated on the London market a year and a half ago, but since then the stock has rocketed from a listing price of 12p, reaching a peak of 250p in August. In tandem with the European Cancer Stem Cell Research Institute in Cardiff, Wales, the group has identified the BCL3 gene as crucial in halting the spread of metastatic cancers to other parts of the body. It is now developing drugs to stop the disease being life-threatening.

So far this year, the group has signed two significant licensing deals. The first, with the Italian Nerviano Medical Centre, will see Tiziana initiate a third-phase clinical trial of milciclib - a potential treatment for a rare type of thymus gland cancer - in 2016. The second will allow Tiziana to use the University of Cardiff's anti-cancer stem-cell technology in a research project for OH14, a potential treatment which could instruct the human body to kill off cancerous cells.

Outside of oncology, the group is also working on a potential drug licensed from Swiss biotech outfit Novimmune. The treatment could work across a range of autoimmune and inflammatory diseases such as multiple sclerosis, type-1 diabetes and arthritis. Clinical development plans have yet to be finalised.

TIZIANA LIFE SCIENCES (TILS)
ORD PRICE: 193p MARKET VALUE: £178m
TOUCH: 185-200p 12-MONTH HIGH: 250p LOW: 42p
DIVIDEND YIELD: nil PE RATIO: na
NET ASSET VALUE: 7p NET CASH: £7m

Half-year to 30 June
Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p)
2014 0.0 -1.6 -4.8 nil
2015 0.0 -4.1 -4.6 nil
% change - - - -
Ex-div: na
Payment: na

IC VIEW:

A placing in March netted the group an additional £2.7m, but doubts persist over how long the cash will last. Investors in cancer research have to be prepared for regular equity fundraisings. The profit pay-off could be huge if these drugs prove effective, but it's a long-term gamble. Hold.

Last IC view: Hold, 141p, 9 June 2015"

[hedgehog 100] 11/10/2015 16:25

Two prior RTOs that haven’t been mentioned on this tread before:
SNTY, a September 2012 RTO of AIM-listed shell company Zenergy;
and PROX, a 2013 RTO into the Longships cash shell.


Synety Group (SNTY) 89p Market cap. £12.02M.





Proxama (PROX) 0.8p Market cap. £8.15M.





SNTY was tipped in the 1st. October issue of "Shares", and has seen recent director share buying.

[hedgehog 100] 10/10/2015 21:04

TEK (Tekcapital), a similar company to KUL, has nearly trebled so far this year.

Tekcapital (TEK) 51.5p Market cap. £17.9M.





That's encouraging for KUL, (market cap. about £2M.)


"Shares" magazine comment on TEK, 1 October 2015:
"Not a tech business at all but an investor in technologies and companies, some very early stage which makes shares enormously difficult to value. A minnow even in this specialised space, expect regular cash calls and lots of blue-sky talk, and maybe the odd success, but don’t count on it. (SFr)"

[mikeh30] 10/10/2015 20:30

EEP· Property held at 30 June 2015 valued at £16.6 million (30 June 2014: £16.3 million on a like-for-like basis; 31 December 2014: £17.4 million on a like-for-like basis). · Net asset value at 30 June 2015 of £15.5 million, equivalent to 99.56p per Ordinary Share (30 June 2014: £15.8 million, 101.66p per Ordinary Share; 31 December 2014 of £16.4 million, 105.36p per Ordinary Share).

[hedgehog 100] 10/10/2015 20:13

Thanks for flagging up EEP Mike.

Looks like it has good potential for a decent profit to shareholders buying now, if they're prepared to be patient if necessary for a sale of EEP's main property, and accept some uncertainty.


Eastern European Property Fund (EEP) 54.875p Market cap. £8.53M.





11/09/2015 07:00 UKREG Eastern European Property Fund Ltd Half Yearly Report

"... EEP has four properties remaining in the portfolio; two in Turkey,
including the remaining units in the Nil Passage property in Istanbul,
and one in each of Bulgaria and Romania. In 2015, EEP commenced the
disposal of individual units within the Nil Passage property in Beyoglu. ...

EEP's four remaining properties continue to be marketed for sale,
and will be disposed of as and when appropriate offers are received.
The two adjacent Istanbul properties, including the flagship Markiz
building, continue to elicit interest from Turkish buyers. The remaining
units in the Nil Passage property are expected to be sold in the coming
months. Although the Property Manager and Investment Adviser in respect
of the Turkish property portfolio have worked hard to complete the
sale of either the Markiz building or the Turkish subsidiary that
holds it, to date, no fully funded offers have been received.

It is particularly disappointing that, despite pursuing active sales
processes in Sofia and Bucharest over the past five years, EEP has
not yet received any deliverable bona fide offers for either property. ...

The position is less certain for the Markiz Passage, in which there
has been a high level of interest over a considerable period of time.
However, it has proved difficult to conclude a transaction, due at
least in part to the political and economic uncertainty, which has
affected confidence in the Turkish property market and has made lenders
more cautious. ..."

[hedgehog 100] 10/10/2015 19:53

From "Shares" magazine, 1 October 2015:

"PV CRYSTALOX SOLAR

(PVCS: AIM) 8.5p
Market cap: £14.4 million
Bid/offer spread: 5.44%

Solar panels supplier continues to struggle with unit prices in seemingly endless decline. Made a profit just once in last four years and trading is now so bad that management is completely rethinking the business strategy. We'd expect a sale of the business, but a limited value one sadly for shareholders."

[mikeh30] 10/10/2015 19:47

HedgehogHave a look at EEP.Distributable reserves of £16mMcap of £8.5mLooking for return of cash to shareholders.Couple of holdings RNS recently

[hedgehog 100] 10/10/2015 19:39

From "Shares" magazine, 1 October 2015:

"PUBLIC SERVICE PROPERTIES

(PSPI: AIM) 35p
Market cap: £13.7 million
Bid/offer spread: 4.46%

The European healthcare property investor is liquidating its portfolio and returning cash to shareholders after failing to refinance its debt. It has four properties in Germany left to sell. (MD)"

[hedgehog 100] 09/10/2015 20:41

Extracts from a February 10 2015 article by futurist Thomas Frey, author of "Communicating With the Future":

"Going Beyond Micro-Payments to Nano-Payments

If a billion people each gave you a tenth of a cent, you would have $1 million.

Over the past few weeks I’ve become enamored with the power of financial friction. This could involve everything from adding a tenth or hundredth of a cent charge to every email sent, social media “likes,” video downloads, views of copyrighted photos, and much more.

Even though it may not seem significant, there is a huge difference between “free” and “0.1 cent.”

Tiny charges, much like the rest of life’s sandpaper, tend to give us clarity between what’s significant and what’s not.

The reason this has become such an important topic today is because transaction costs have plummeted along with the cryptocurrency invention of distributed block chain ledgers, and the possibility of creating “nano-payment” networks is opening the doors to thousands of new fractional payment models.

The traditional way of providing online services like email, news, or uploading photos has been to pass the cost of operating these services on to advertisers. But that could change.

Over the past decade, micro payment schemes have created successful business models around charges less than $1. As an example, Google’s AdSense charges advertisers as little as a few cents for every click of their ads.

It’s only recently that we’ve been able to consider much smaller charges, even less than a penny. ...

The New Nano-Payment Paradigm

Yes, some people may view nano-payments as “death by a thousand paper cuts.” But in reality they’re just the opposite, the sparks that fuel a thousand new cottage industries.

A pay-per-use model could eventually replace many of today’s financing options. Instead of paying $300 for a printer, the printer could be free with nano-charges assessed for every page printed.

Every mobile app could be funded through an in-app nano-payment system that gets assessed with every use.

Video games could have a series of nano-payment options embedded inside each field of play.

Since opinion polls require so little effort, adding a nano-payment charge to the mix may be enough friction to make answers more meaningful. This line of thinking opens the door for creating a payment democracy, where users vote with nano amounts of currency.

Not only would we end up with a more accurate assessment of what people value most, but global voting systems themselves could also be financed and managed this way.

Final Thoughts

With transaction costs approaching zero, old school paradigms will fall by the wayside.

Nano-transactions are the key to unlocking efficiencies the world has not yet known. The tempo of business will continually ratchet up, new business models will begin to materialize, and the old ways of doing business will lose favor as the flow of money begins to short circuits them completely.

Disruptive technology is always most effective when it can be applied to lucrative industries, and banking and finance is one that entrepreneurs have had their eye on for decades.

Nano payments are easy to overlook because they requires so many of them to appear significant. But with billions of people online, making literally trillions of transactions every year, the numbers are already there.

In the words of Nobel Physicist Richard Feynman, “There’s plenty of room at the bottom.” And indeed there is."

[hedgehog 100] 09/10/2015 16:31

"It's not all about London: regions attract growing share of venture capital cash

A quarter of all investor finance this year has gone to firms outside the capital

By Elizabeth Anderson

5:15AM BST 08 Oct 2015

Venture capital (VC) investment into British technology companies has hit a record high, with a quarter of that money directed at firms based outside the capital.

Companies raised $2.2bn (£1.44bn) from VC investment funds backing high-growth businesses in the first nine months of the year. This topped the $2.1bn raised in the whole of 2014 and is three times more than the £790m raised in 2010, according to data from promotional organisation London & Partners.

London has been the main beneficiary of funding, attracting 75pc of total investments.

However, firms outside the capital are also attracting multi-million-pound offers from investors. Major non-London deals included an $82m investment into Cheshire-based holiday company Sykes Cottages, $61m of financing for Lancashire-based communications firm Daisy Group, and an injection of $50m into Cambridge Quantum Computing.

Top investments outside London this year

1 Sykes Cottages, Cheshire, $82m
2 Daisy Group, Lancashire, $60.77m
3 Cambridge Quantum Computing, Cambridgeshire, $50m
4 Gigaclear, Oxfordshire, $46m
5 First Light Fusion, Oxfordshire, $35.41m

Just four companies accounted for half of the $491m raised in London in the past three months. These were online takeaway service Deliveroo, which raised $70m in July, Made.com and Secret Escapes, which recently raised $60m apiece, and Prodigy Finance’s $19.5m investment round.

There has been a rapid rise in the number of tech businesses in the capital. London’s digital technology sector has grown by 46pc since 2010, and there are expected to be 51,500 firms by 2025, according to consultancy Oxford Economics.

“In little more than five years we have seen investment in London’s tech sector increase tenfold. Today’s figures, and the fact that London is home to more software developers than anywhere else in the world, validate the fact that London’s tech sector is maturing and is one of the world's leading tech hubs,” said Eileen Burbidge, partner at London-based investment firm Passion Capital and newly appointed head of government agency Tech City UK.

There has been a rapid rise in the number of tech businesses in the capital. London’s digital technology sector has grown by 46pc since 2010, and there are expected to be 51,500 firms by 2025, according to consultancy Oxford Economics.

“In little more than five years we have seen investment in London’s tech sector increase tenfold. Today’s figures, and the fact that London is home to more software developers than anywhere else in the world, validate the fact that London’s tech sector is maturing and is one of the world's leading tech hubs,” said Eileen Burbidge, partner at London-based investment firm Passion Capital and newly appointed head of government agency Tech City UK."




It's time for Britain to produce the next software tech giant: step forward Cambridge Quantum Computing Ltd. (in which TGL has a stake, as well as being a key business partner.)

[the stigologist] 06/10/2015 20:48

pmsl

you missed out the word "BADLY"

Hedgehog 100 5 Oct'15 - 21:47 - 673 of 676 0 0

RJ,

I work in finance, and have been investing [missing word] in shares for a few decades.

I've had some success with this sector, but have previously been hampered by the amount of research required.
That's why I started this thread as an info-sharing forum: a sort of 'shell central' if you like.

Tara7 (now TEN BAG MAN) shows the sorts of returns that are possible here though.

See post 113 above:

Hedgehog 100 13 May'14 - 18:20 - 113 of 672 2 0 edit
"In fact, I would like to pay tribute to Tara for the excellence of her record:
tara7 26 Nov'13 - 19:40 - 563 of 837 0 0
"MY SIPP pension smashed through 11,000% today for the first time,[over 8 years 3 months.]
All tiny AIM stocks where I have research value.[and posted at the time]
What fun.!!!"
..."

[mikeh30] 06/10/2015 18:50

KUL certainly is getting interesting. Tiny mcap, shares tightly held. Can see it returning to 10p+ quickly

[hedgehog 100] 06/10/2015 18:43

"Has computing taken a quantum leap? Scientists use strange subatomic particles to create the building blocks of a super computer

• Quantum computers capable of doing far more complex calculations than current supercomputers may now become a reality following study
• Computer scientists have described the breakthrough as 'game-changing'
• They created quantum bits, or qubits, on silicon to perform calculations

By Richard Gray for MailOnline
Published: 16:33, 5 October 2015 | Updated: 19:03, 5 October 2015

A major step towards building quantum computers capable of performing formidable calculations at a fraction of the speed of current machines has been achieved.

Computer scientists claim to have made a 'game-changing leap' by building a logic gate – a building block of a digital circuit – using the strange properties of subatomic particles in silicon.

They say these could eventually lead to new types of quantum microchips that would revolutionise the digital world.

... Professor Andrew Dzurak, director of the Australian National Fabrication Facility at the University of New South Wales, said: 'We've demonstrated a two-qubit logic gate - the central building block of a quantum computer - and, significantly, done it in silicon.

'Because we use essentially the same device technology as existing computer chips, we believe it will be much easier to manufacture a full-scale processor chip than for any of the leading designs, which rely on more exotic technologies.

'This makes the building of a quantum computer much more feasible, since it is based on the same manufacturing technology as today's computer industry.'

... The key step taken by the Australian scientists was to reconfigure traditional transistors so that they can work with qubits instead of bits.

Lead author Dr Menno Veldhorst, also from the University of New South Wales, said: 'The silicon chip in your smartphone or tablet already has around one billion transistors on it, with each transistor less than 100 billionths of a metre in size.

'We've morphed those silicon transistors into quantum bits by ensuring that each has only one electron associated with it.

... 'We then store the binary code of 0 or 1 on the 'spin' of the electron, which is associated with the electron's tiny magnetic field.'

The team has now taken out a patent on a full-scale quantum computer chip that could perform functions involving millions of qubits.

A practical quantum chip could have a huge impact in areas where classical computers face an uphill struggle.

These include weather forecasting, the stock market, drug development, code-breaking and encryption, and exploring the fundamental nature of the universe."

[hedgehog 100] 06/10/2015 18:07

KUL has today announced its third interesting investment within a month:

06/10/2015 08:03 UKREG Kuala Innovations Limited Investment in Intensity Therapeutics Inc

" ... The Company has subscribed for 250,000 Preferred Series A Shares of Intensity Therapeutics ("Subscription Shares") at a price of US$2.00 per Subscription Share, for total cash consideration of US$500,000. ...

Intensity's approach allows for the administration of drugs directly into cancerous tumours. ...

Commenting on the Intensity Subscription, Kuala Co-Chairman Mr Jim Mellon noted:

"The landscape of cancer therapies is changing rapidly thanks to major advances in our understanding of human biology. The Board of Kuala believe that harnessing the power of patients' immune system is an important step in treatments that are both effective and durable and could ultimately lead to the holy grail of a cure for cancer. Intensity is at the forefront of this innovation and we are pleased to work with Lewis Bender, CEO and Ian Walters, CMO in support of their efforts to bring better treatment options to cancer patients. Intensity's pre-clinical results are extremely encouraging. Should these results translate into humans in phase one clinical trials, Intensity could be on the verge of a blockbuster treatment in cancer therapy." ..."

[hedgehog 100] 05/10/2015 21:47

RJ,

I work in finance, and have been investing in shares for a few decades.

I've had some success with this sector, but have previously been hampered by the amount of research required.
That's why I started this thread as an info-sharing forum: a sort of 'shell central' if you like.

Tara7 (now TEN BAG MAN) shows the sorts of returns that are possible here though.

See post 113 above:

Hedgehog 100 13 May'14 - 18:20 - 113 of 672 2 0 edit
"In fact, I would like to pay tribute to Tara for the excellence of her record:
tara7 26 Nov'13 - 19:40 - 563 of 837 0 0
"MY SIPP pension smashed through 11,000% today for the first time,[over 8 years 3 months.]
All tiny AIM stocks where I have research value.[and posted at the time]
What fun.!!!"
..."

[hedgehog 100] 05/10/2015 20:55

Kuala Innovations (KUL) 5p Market cap. £2.1M.





KUL is a vehicle of the 'dream team' of Stephen Dattels and Jim Mellon:

"Stephen Dattels (Executive Chairman)
Stephen R. Dattels co-founded UraMin Inc. which sold in 2007 for US$2.5 billion to Areva. He was a key executive at Barrick Gold Corporation during its formative years from 1982 prior to 1987. He has completed several financings in the natural resources sector, either directly or through his family owned merchant bank, Regent Mercantile Bancorp Inc. and other investment companies. ..."


"Jim Mellon (Executive Director)
... He was also a co-founder of UraMin Inc. and Red Dragon Resources, both mining groups.
Jim spends most of his time developing start-up opportunities in undervalued sectors, currently concentrating on life sciences, robotics and fintech. He is also the co-author of four books: “Wake Up!”, “The Top 10 Investments for the Next Ten Years”, “Cracking the Code” and “Fast Forward”. ... "


"'Don't call me the British Warren Buffett': He's worth £850m and believes his friend Farage is right on quitting the EU ... Jim Mellon gives a candid insight into his world
By SIMON WATKINS FOR THE MAIL ON SUNDAY
PUBLISHED: 22:02, 22 November 2014 | UPDATED: 15:45, 23 November 2014"



KUL's 7th. September acquisition of a stake in DBC was acquired for shares from Messrs. Dattels & Mellon, at a deemed value of 5p per KUL share, and was therefore in effect director share buying in KUL by them.

KUL has also raised £868K. in placings in the last twelve months:
£668K. November 2014 (shell refinancing), at 3.32p
£100K. x two September 2015, at 5p

[hedgehog 100] 05/10/2015 20:22

Mikeh30,

Thanks for flagging up KUL; it was previously mentioned on this thread in January (posts 524-527 & 529), but since then it has refocussed from resources-energy into tech & life sciences, and is now looking both very undervalued as you say (near the bottom of a trough) as well as very exciting.

KUL has made two interesting investments in line with its new focus within the last month.
And in particular, KUL's investment into 'nanopayment bitcoin' developer SatoshiPay two weeks ago could potentially be explosive:

21/09/2015 07:00 UKREG Kuala Innovations Limited 10% Acquired of nanopayment developer SatoshiPay
"...SatoshiPay is developing a two-way payment platform, which will enable online content providers to monetise their digital content through the acceptance of nanopayments. Using the SatoshiPay platform, online media companies will be able to process nanopayments of 5c or less with minimal transaction fees (SatoshiPay technology can also process payments greater than 5c, but the company believes the real technical innovation is in relation to nanopayments, in some cases being less than 1c). ...
SatoshiPay is currently preparing for a trial launch of its nanopayment technology in Q4 2015 followed by expected full release of its software in the first half of 2016. For the 5 months ended 31 August 2015 SatoshiPay made a loss of EUR36,626. ... "


07/09/2015 07:00 UK Regulatory (RNS & others) Kuala Innovations Limited Acquisition
"... The Board of Kuala Innovations Limited ("Kuala" or the "Company") is pleased to announce the acquisition of a 4.9 per cent. interest in the issued shares of UK incorporated private company The Diabetic Boot Company Limited ("DBC").
DBC is a private single product medical device company based near Oxford, in the UK. DBC is focussed on the treatment of diabetic foot ulcers ("DFUs"), which are a comorbidity of diabetes mellitus. The treatment of DFUs represents a significant commercial opportunity with the current standard of care and alternative therapies lacking efficacy.
DBC's lead product is the PulseFlow(R) which combines intermittent plantar compression with the current standard of care for the treatment of DFUs called offloading. Technology created by DBC in relation to the PulseFlow is currently the subject of a number of granted patents in key jurisdictions, with further patents submitted. Intermittent plantar compression as a mechanism of action has been shown in independent clinical studies to produce statistically significant improvements over placebo in wound closure. ..."

[mikeh30] 05/10/2015 18:46

KUL is still a 'shell' Very undervalued IMHO of course

[rjmahan] 05/10/2015 18:41

Hedgehog, just wondering as to your background how long have you dealt in rtos? Have you had any luck over the years ?