Tern Share Discussion Threads

[sweepie2] 30/9/2019 09:53

hxxps://www.pushtechnology.com/wp-content/uploads/2019/04/Push-Technology-Value-Prop-Airlines.pdf

[cmackay] 30/9/2019 09:41

Utgp; I've filtered him. I will listen to people that have a different view. I will not listen to people that tell me the stock market is going to work in a way that contradicts everything I've ever seen with no reasoning behind it.

[duxy786] 30/9/2019 09:33

They focus on the portfolio not the share price. The share price is ramped hard daily and does not reflect the underlying company so don't expect the bod to care about it.The SP, following those interims and DA results, should be nearer 3p for tern to be even considered 'investable'. So far, with no DA exit, promised over Year ago and no external funding, it looks very much like it will need to be impaired.

[sweepie2] 30/9/2019 09:30

Andrbea, hope you are right, at the moment the price looks fragile to a move under 8p despite Fridays 800k net buys, I remember the days of June 2018 with fondness

[andrbea] 30/9/2019 09:28

We've had Intel and Thales webinars, but DA haven't really come out of their shell yet. Assume the Microsoft partnership is of great consequence, and the Oct 16 webinar reveals that, do they step up their trumpeting then, and Tern also? Or will stealth mode continue, even after the Microsoft webinar?

If Microsoft chooses to headline it, then the cat's out of the bag IMO, and stealth mode, by Tern, is no more.

Maybe just one month to go, and then below 20p is a soon-forgotten episode.

[sweepie2] 30/9/2019 09:22

150k sell and the bid goes up, bored MM probably

[jonc] 30/9/2019 09:09

I'm a caring person.

[upthegardenpath] 30/9/2019 09:07

Well Floydy you've been 100% consistent so far with your predictions - 100% wrong.

So I won't hold my breath.

Nearly forgot - A million pounds by teatime, guaranteed !

[jprich] 30/9/2019 08:45

"During H1 it has focused on developing opportunities to expand its portfolio and increase the value of existing portfolio companies."

Really from 15.5p to 9p in H1 hmmm try harder.


Btw I think Fiona has left Newgate.

[likya123] 30/9/2019 08:41

"20% y-o-y growth in value by year end 2019"

Corporate event incoming and I'm expecting before conference call and Microsoft webinar.

Many many pounds not pence.

[mikemichael2] 30/9/2019 08:35

Why do you care??

[jonc] 30/9/2019 08:31

No?

I'll give you a clue.

They were absolutely dreadful.

[jonc] 30/9/2019 08:26

Care to comment on DAs filed accounts Grannyma?

[johnma] 30/9/2019 08:24

Tern plc* (TERN.L, 8.4p/£21.3m)Interims: Growth at portfolio companies (25.09.19)Net assets increased 25% year on year to £17.5m and by 4% from the end of FY18. Operating loss increased £0.4m to £0.6m with a £0.1m increase in operating costs and a £0.3m lower increase in fair value. H1 costs included some one off legal and advisory fees on a potential transaction.The company raised £1.5m during the period and H1 cash was £1.4m. NAV/share increased 11% to 6.9p during H1 but down 3% against FY18. Fair value per share of the portfolio was broadly stable at 6.2p (FY18: 6.3p; H1 FY18: 5.1p).Revenue at the principal portfolio companies increased c. 50% in H1 and headcount by 9%.During H1, Tern has focused on developing opportunities to expand its portfolio and to increase the value of its existing portfolio companies. It has made follow-on investments totalling £1.4m in loan notes: Wyld Networks (£0.4m); Device Authority (£0.6m); InVMA (£50k) and FundamentalVR (£0.3m). Post period end, it issued a further $0.3m to Device Authority via a loan note.Tern does not now expect to have at least twelve companies in the portfolio by year end. That said, deal flow remains strong and portfolio expansion continues to be a key strategy.Allenby Capital comment: Tern is focused on investing in UK start-ups in the healthcare and industrial IoT markets that have scope to expand globally and particularly into the US, the largest and most developed market, where Tern's management has considerable experience and expertise. Tern provides hands on support to achieve value creation and is aiming to achieve US Venture Capital valuations for its investments in later Series 'B' rounds and beyond, to create shareholder value and premium exit opportunities. Its aim is to achieve an average 20% y-o-y growth in value by year end 2019. During H1 it has focused on developing opportunities to expand its portfolio and increase the value of existing portfolio companies.

[jonc] 30/9/2019 08:03

Well worth looking at DAs accounts on Companies House website if you are sure just how badly this AIM POS is doing.

[jonc] 30/9/2019 07:30

Give them time.The rampers are wounded.Anyway you have posted so there are some rampers about.

[maarleck] 30/9/2019 07:25

Funny isn’t it how we are told this share is ramped to death but the only posts coming out so far today from’Team Duxy’ are slating the company and how it’s going down.

#obviousagenda

[jonc] 30/9/2019 07:15

Anticipating further declines in TERNs share price this week as the Company seeks to raise further capital.You all know it is going to happen.Sub 5p now I would guess.