Rentokil Initial Share Discussion Threads

[hedgehog 100] 23/9/2019 13:56

FFWD's stellar track record of NAV increase:
31.3.15: 1.69p per share
31.3.16: 7.85p per share
31.3.17: 7.60p per share
31.3.18: 10.18p per share
31.3.19: 11.81p per share

= A 6.988 fold increase in four years.

17/06/2015 09:34 UK Regulatory (RNS & others) Kuala Limited Final Results LSE:FFWD Fastforward Innovations Limited
" ... Net assets at 31 March 2015 of GBP463,000 (2014: net liabilities of GBP34,000). ..."


24/05/2016 14:34 UK Regulatory (RNS & others) FastForward Innovations Limited Final Results
" ... The net assets of the Company at 31 March 2016 were GBP10,277,000 (2015: GBP463,000), equal to 7.85p net assets per Ordinary Share (2015: 1.69p net assets per Ordinary Share). ..."


07/07/2017 07:00 UK Regulatory (RNS & others) FastForward Innovations Limited Results for the Year ended 31 March 2017
" ... The net assets of the Company at 31 March 2017 were GBP10,101,000 (2016: GBP10,277,000), equal to net assets of 7.60p per Ordinary Share (2016: 7.85p per Ordinary Share). ..."


06/07/2018 17:44 UK Regulatory (RNS & others) FastForward Innovations Limited Results for the year ended 31st March 2018
" ... The net assets of the Company at 31 March 2018 were GBP13,534,000 (2017: GBP10,101,000), equal to net assets of 10.18p per Ordinary Share (2017: 7.60p per Ordinary Share). ..."


11/09/2019 08:00 UK Regulatory (RNS & others) FastForward Innovations Limited Results for the year ended 31st March 2019 LSE:FFWD Fastforward Innovations Limited
" ... The net assets of the Company at 31 March 2019 were GBP19,072,000 (2018:GBP13,534,000), equal to net assets of 11.81p per Ordinary Share (2018:10.18p per Ordinary Share). ... "



And FFWD's last fundraising was at a 27.7% premium to NAV per share. -

03/08/2018 08:00 UK Regulatory (RNS & others) FastForward Innovations Limited Placing
" ... Further to the announcement by FastForward Innovations Limited (AIM: FFWD) on 1 August 2018, the Company is pleased to announce that it has today agreed to place 30,769,230 new Ordinary Shares of 1p each (the "Placing Shares") at a price of 13p per Placing Share with a number of new and existing investors thereby raising gross proceeds of GBP4,000,000 (US$5,240,000 at an exchange rate of GBP1:US$1.31, being the rate on the date the Company determined the terms of the placing) before expenses (the "Placing"). The Placing Price represents a premium of approximately 27.7% to the Company's most recently published NAV per share of 10.18p. ..."

[haydock] 23/9/2019 12:47

With thanks to e- bomber.

UNICORN IN THE MAKING!

FVR is growing expontentially and now supported with an incredible level of recruitment to keep up with demand for the product suite.

THIS RECRUITMENT ALONE WILL MORE THAN DOUBLE THE SIZE OF THE CURRENT HEADCOUNT.

BUSINESS MUST BE ROLLING IN WELL ABOVE THAT PLANNED.



We can expect substantial enhancement in market valuation of FVR from over £6.7 million some 11 months ago (October 2018).

FACT - 9% MONTHLY compound growth achieved in market value of FVR between the funding rounds of 14 May 2018 to 30 October 2018 (5.5 months).

11 months on and where will the new market valuation be with new contract wins now secured and an established but expanding global pipeline.

Is 18% MONTHLY compound growth unrealistic? Or simply game changing growth for just this single investment!

Not long to wait to see how much above 9% MONTHLY compound capital growth for FVR.

With DA maybe somewhere between 9-18% MONTHLY compound growth but a part or whole exit will demonstrate value here.

NEWS IS CLOSE VERY CLOSE AND I AGREE WITH OTHER RESPECTED POSTERS.

CURRENT TERN PLC SHARE PRICE IS NOT EVEN REFLECTIVE OF VALUE OF FVR.

SO MUCH FOR FREE


Tern has the type of investment that FastForward Innovations Ltd. (FFWD)
is still looking for.
DA is shortly to share a platform with Micro-soft yes that's the one with all the money.
FVR has been a 35% investment for a year, & i suspect that a view of the growth might just change a few minds, on the tern valuation.
It's in the health care sector, with an open door to the NHS that other companies are keen to use as a way in, & are placing orders.
hxxps://www.fundamentalvr.com/

Whilst the valuation comments are classical perhaps a look at the relative investments that tern already has on the landing strip to go might show a different picture.

The valuation could well change as there have been hints of refinancing & VC input.

The classical point of view has been heavily backed by the shorters, however Tern is just moving to buy signals & the figs are overdue.

[hedgehog 100] 21/9/2019 16:04

A comparison for the 'intelligent investor':

1. Tern PLC (TERN) 10.0p Market cap. £25.43M.
40.845% premium to last published NAV.

19/03/2019 07:02 UK Regulatory (RNS & others) Tern PLC: Final results for the year ended 31 December 2018 LSE:TERN Tern Plc
" ... The net assets of the Company at 31 December 2018 were GBP16,751,773 (2017:
GBP10,580,802). The net assets per ordinary share as at 31 December 2018 were
7.1p (2017: 7.38p). ... "


2. FastForward Innovations Ltd. (FFWD) 5.6p Market cap. £9.04M.
52.583% discount to last published NAV.

11/09/2019 08:00 UK Regulatory (RNS & others) FastForward Innovations Limited Results for the year ended 31st March 2019 LSE:FFWD Fastforward Innovations Limited
" ... The net assets of the Company at 31 March 2019 were GBP19,072,000 (2018:GBP13,534,000), equal to net assets of 11.81p per Ordinary Share (2018:10.18p per Ordinary Share). ... "



If FFWD was trading at TERN's premium, FFWD's share price would be 16.63p.

[scotty666] 09/9/2019 10:12

PIRI no longer looking to RTO, NAV is around 3M v Mkt Cap 1.7M. They are going to shift to high growth artificial intelligence (AI), augmented/virtual reality (AR/VR) and internet of things (IoT) sectors investment as detailed on the new website launched today include Warducks, Admix amongst others.

[hazl] 05/9/2019 11:31

WOW IT'S DOING WELL!

oops sorry

[hazl] 05/9/2019 10:06

HNG HAWKWING is now a shell.

Be interesting to see what happens.
Just a gamble.DYOR

[5oletrader] 22/8/2019 14:42

S _ O _ T !

;-)

[solarno lopez] 22/8/2019 14:32

Mika looks interesting apart from substantial warrant dilution

[hedgehog 100] 22/8/2019 14:02

AUCThtung!

Another main market investment shell, valued at well under a million quid, and with £920K. of cash at its final year end (final results 29.4.19).


Auctus Growth PLC (AUCT) 31p Market cap. £0.87M.





29/04/2019 07:00 UK Regulatory (RNS & others) Auctus Growth Plc Final Results
" ... I am very conscious of our lack of performance in regards to securing a suitable reverse takeover candidate. Myself and the Board are very appreciative of your patience and remain eager to find a transaction that will ultimately reward all shareholders. In that regard I can confirm that the Board is currently assessing a potential transaction and whilst there can be no guarantee the transaction will proceed the Board is encouraged by the initial due diligence being carried out. ... "

[philanderer] 20/8/2019 09:54

Rentokil Initial was down 1.0%, after RBC Capital cut the pest control company to Sector Perform from Outperform


Alliance News

[hedgehog 100] 10/8/2019 14:49

pilot486 May '19 - 04:43 - 925 of 936(premium)
"MILA worth a look. Valued below cash and new director in place."


Thanks Pilot - looks interesting.

A main market investment shell, valued at barely a third of a million quid, and with £573K. of cash at the interim period end (interim results 29.3.19).


Mila Resources PLC (MILA) 1.4p Market cap. £0.34M.





29/03/2019 07:00 UK Regulatory (RNS & others) Mila Resources PLC Interim Results
" ... We recently mutually terminated a proposed reverse takeover of Capital Metals Limited, however we continue to see a strong flow of potential Acquisition opportunities. The Board of Directors, together with the Company's advisers, are constantly evaluating these opportunities to ensure that we secure and execute the right transaction.
I look forward to reporting our progress to you over the coming the months. ... "

[hedgehog 100] 31/7/2019 16:57

A belated happy 18th. 'shell birthday' to HWC!

Just think of all the things it can now do: vote, buy alcohol ... maybe even finally get a RTO!!

28/06/2001 15:25 UK Regulatory (RNS & others) Final Results
LSE:HWC
Highway Capital
"The Company is now effectively a cash shell and as such is seeking suitable acquisitions. Your directors are in the process of searching for a suitable business."

[haydock] 10/7/2019 12:36

Hedgehog 100
Tern has revealed some of the details of their main companies.
[FVR]

[DA]


They hold 56% of DA. & 34% of FVR.


Finally revealing some of the amazing potential.

Also an overview of the company:



Cheers Hay.

[philanderer] 27/6/2019 09:17

27th june Barclays overweight tp 410p up from 350p

[hedgehog 100] 27/6/2019 08:11

Well done!

[yogaboy] 27/6/2019 08:09

Grabbed a few on the dip yesterday, so I'm in now.

[hedgehog 100] 23/6/2019 13:16

IQ-AI Ltd. (IQAI) 3.9p Market cap. £4.69M.





Thanks yogaboy! Sorry you didn't see it earlier: I tipped it at 1.2p on 5th. May, and after closing at 1.4p on May 9th. it drifted back, and as recently as last week (Tuesday 11th. June) it was back at 1.2p.

Since then 103.6 million shares have been traded, out of 120.35M. shares in issue, of which 67.76M. are available.

This has been triggered by two things:

1. 12/06/2019 07:00 UKREG IQ-AI Limited Business Development Agreement with CorTechs Labs


CorTech has marketing agreements with very big players like GE Healthcare and others.

2. A video interview with IQAI's David Smith on Proactive Investors:
"IQ-AI on track to double sales in 2019 as it inks deal with CorTechs Labs
15:56 12 Jun 2019
IQ-AI Limited’s (LON:IQAI) David Smith caught up with Proactive London's Andrew Scott after announcing that Imaging Biometrics has signed a non-exclusive business development and sales deal with brain analysis firm CorTechs Labs.
Smith says the deal gives them extended and immediate sales representation in the US and other international markets.
He adds that product sales have continued to accelerate in 2019 and as a result they're expecting full year 2019 numbers to be more than double those for 2018."

ADVFN won't allow links to Proactive Investors to show, but here are a couple of links to the video that work:



FDA approval for IQAI's StoneChecker software is expected by the end of June, i.e. next week.


Note that David Smith sold his last company for $178M., and before that played a leading role in driving sales at Biocompatibles from 0 to over £40M.
(Biocompatibles was acquired by BTG in 2010 for £177M.)

And last August David Smith did a series of investor lunches, introducing himself, explaining the company products and future pipeline and laying out his vision for the company.

Here are a few points from one of those presentations:
• His deal is largely equity based, so he is aligned with us.
• Whilst StoneChecker has great potential, the real winner could be the brain scanning software of IB, which should be extended to other areas. Liver was mentioned as achievable with minor tweaks.
• His plan is to deliver revenues of $20M. to $30M. annual within the next few years on existing products but double that with 'planned' products.
• He mentioned the possible need to land grab in order to build the business quickly at which point they would probably be taken out by GE or Phillips who provide the hardware but have poor software that is 20 years old in many cases.

[yogaboy] 20/6/2019 13:22

Wow Hedgehog, not checked in here for a while and just saw your IQAI piece from 46 days ago. Pretty good return for 46 days, good call! Wish I'd seen it earlier!

[hedgehog 100] 09/5/2019 19:17

Haydock,

Yes, I'm expecting IQAI to raise additional funds in a few months.

And I'm also expecting a period of very positive IQAI newsflow in the near future, driving the share price to much higher levels ahead of that fundraising.

In fact, I would prefer a situation like this to one where a company doesn't need to raise funds for quite a while, and is happy to let the share price drift in the interim.

IQAI did actually conduct a fundraising in March though, which bodes well for the price of the next fundraising.

IQAI's March 2019 fundraising had two major positives:
1. The fundraising conversion price of 2p was at a massive premium (56.86%) to the then IQAI share price (1.275p).
2. The investment of the two CEO's was akin to massive directors share buying, a huge vote of confidence in the company, especially at such a massive premium.

11/03/2019 07:00 UKREG IQ-AI Limited Issue of Convertible Loan Notes
"IQ-AI is pleased to announce that the Company has issued GBP268,500 in nominal amount of 6% unsecured convertible loan notes 2024, convertible into 13,425,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at a price of 2 pence per share ("CLNs"). The funds raised as a result of the issue of the CLNs will be used to provide additional working capital for the Company. The funds raised enables the Company to fully execute its current business plan and shareholders should take comfort that the Company is now able to fully execute its current strategic objectives, following this, initially, non-dilutive fundraise.
Trevor Brown, Chairman of the Company, has subscribed for GBP250,000 of the CLNs and Michael Schmainda, Chief Executive Officer of the Company's 100% owned subsidiary, Imaging Biometrics LLC, has subscribed for GBP18,500 of the CLNs. ..."



There are some similarities with TERN near its medium term low of 2p.

And TERN took advantage of its subsequent share price rise in 2018 to raise funds at far less dilution than otherwise -

08/05/2018 07:01 UK Regulatory (RNS & others) Tern PLC: Equity Fundraise
Tern Plc (AIM:TERN), the investment company specialising in the Internet of
Things ("IoT"), is pleased to announce that it has raised GBP1,750,000 before
expenses through an unconditional placing of 9,459,460 new ordinary shares
of 0.02p each at a price of 18.50 pence per ordinary share (the "Placing")
with a single institutional investor, utilising the existing share
authorities granted at the 2018 AGM. ...


25/07/2018 07:01 UK Regulatory (RNS & others) Tern PLC: Equity Fundraise of c. GBP2.9m
Tern Plc (AIM:TERN), the investment company specialising in the Internet of
Things ("IoT"), is pleased to announce that it has raised approximately GBP2.9
million before expenses through an unconditional placing of 11,192,307 new
ordinary shares of 0.02p each at a price of 26 pence per ordinary share (the
"Placing"), utilising the existing share authorities granted at the 2018
AGM. ...

[haydock] 07/5/2019 19:22

I have had a look at your tip. Interesting tech, in a good area, but will need more cash?
Tern is now adding companies in that area, & this looks to have a cash shortage.

Tern has been an education in that direction.

Suggest you look at the beauty Tern has 35% of these days, if you want to see a winner in the same area.
That's one reason the holders is now excited about Tern.

hxxps://www.fundamentalsurgery.com/

[haydock] 07/5/2019 17:43

Hedgehog 100

I hope you have your eyes on the tern Chart.
Just beginning to stretch it's wings ?

Cheers Hay.

[hedgehog 100] 07/5/2019 15:37

Purple11,

Zamano paid a cash distribution to shareholders in February of this year, of just over 3p per share.

A final distribution is expected to be paid out this summer.

[purple11] 06/5/2019 06:22

Hedge your last "other"tip on this thread was ZMNO at 4p

what happened to that?

[pilot48] 06/5/2019 04:43

MILA worth a look. Valued below cash and new director in place.