Tern Share Discussion Threads

[joeblogg2] 28/1/2021 09:48

Fest I did enquire earlier where sweepie was , hopefully all well!!

[ebomber] 28/1/2021 09:46

TERN plc Current Book Value of :-

Wyld Networks - £4.1 million (increased 241% on revaluation event dated 28 Jan 2021)




Equity Stakes of :-

Wyld Networks - 78.7% owned by TERN plc





TERN plc valued at £27.42 million at mid price at time of writing TODAY of 8.3 pence with assumption 330,338,101 shares in circulation.

+ Debt Free.

+ nearly £2.5 MILLION CASH IN BANK.

+ over £4.5 MILLION LOAN MONIES including INTEREST to be repaid by investee companies

+ TERN plc operational cash burn of £100,000 per month

[festario] 28/1/2021 09:46

I know he can be a bit annoying, but is anyone else worried about Sweepie?

[still waiting] 28/1/2021 09:40

all eyes on DA.

[joeblogg2] 28/1/2021 09:39

These loose shares will dry up soon and even more quickly if we get more news like today!!

[swimmerjohn] 28/1/2021 09:35

Oh good, another chance to buy cheap.

TERN's cash flow strengthened, looks like no chance of another cash call anytime soon.

[7rademark] 28/1/2021 09:32

Tern is always red on good news, that makes it easy for traders, sell the news then buy back. One day the news will be too good.

[emigna2020] 28/1/2021 09:31

Oh dear ,yet another false dawn.

TERN `s cash flow is damaged, looks like another cash call be soon happen.

[still waiting] 28/1/2021 09:30

more dots..

[tyrano1] 28/1/2021 09:28

Wezen continue to tweet about SpaceX and if I recall Wyld were tweeting the same a few days ago.

SpaceX, the company of millionaire Elon Musk, obtained the license to provide service of #Internet broadband in Argentina through satellites #Starlink .
Find out how much it will cost and how it will work from the link

[mac_steven] 28/1/2021 09:27

Can see blue-chip co's taking percentage stakes in DA & FVR in short order.I think AS realises this is the best way forward.

[robberywithviolets] 28/1/2021 09:25

Mac stevens. I don’t think this is one of them. It would if taken an industrial strength crystal ball to foresee the events that have accelerated Wyld.

[kcowe] 28/1/2021 09:25

tern did when the markets imploded during the covid crash last year...8p to 4p.

[mikemichael2] 28/1/2021 09:22

Tern don't follow general market, it's being traded to death, Johnma and his associates. Will be lucky to stay blue.

[kcowe] 28/1/2021 09:22

Dollar breaking out , going to hurt markets if it is a substantial break.

[robberywithviolets] 28/1/2021 09:21

Festario, it’s traditional here. I’ll be pleased if for once on a good rns it finished slightly blue.

[mac_steven] 28/1/2021 09:21

AS did say there would be a couple of revaluation events early 2021.I think DA will be next.Can see 20p here in short order.

[babbler] 28/1/2021 09:19

Have you seen the general market today?

[hulltiger] 28/1/2021 09:18

Good morning, although I am not back in here yet, I am pleased that the BOD have found funding without further dilution for shareholders.

[festario] 28/1/2021 09:17

I expected a surge to 10p at 9am, but as it stands, it's getting sold off again. Very strange.

[still waiting] 28/1/2021 09:03

for me it shows Tern can book NAV x3 in short order, SO if we get a further revaluation for FVR or DA which shows same or improved multiples the market will finally start to price in higher, say x5

so based on a higher NAV at June 2021 (if 2 more events before then) say a possible NAV of 15p at 30/6/21, then apply a forward rating gives a target price of 45-75p before any exit..

lots of ifs but shows how low Tern is priced right now...

[bryall2] 28/1/2021 08:58

Carl 19, 100%. Al.