Venture Life Share Discussion Threads

[apad] 13/11/2016 14:31

Like SPX with its peristaltic pumps, RSW has the metrology jewel in the crown. So, I haven't changed my position (as I have with XAAR and GDWN).
Nevertheless, I might think about top-slicing RSW at some point. Interim at year end, so news in January. I doubt whether there will be a rns. So, forget it until January, then look carefully for a sea change, I suppose.

apad

[bamboo2] 13/11/2016 10:47

I look at both Cable and DXY on a regular basis and they both look to have good potential up to year end. Cable could be in the range 1.28-1.30 by Xmas, the Dollar Index above 100. This points to weakness in some of its constituents [Eur is over 50%].

GBPUSD Rounding Bottom/Cup as a reversal, target 27.95, which is co-incidentally historical resistance. Price has closed above 50sma and recent [down] trendline.

[redartbmud] 13/11/2016 10:07

APAD

I agree that tge end game for Rsw is a buy out for a silly sum, but I do wonder what McM & D will do with their shareholdings that constitute 52% of the existing share capital. They could put them into a charitable trust, for example, and that could create an interesting scenario. We should not pre-judge the issue.

CRDA & HLMA - if you have conviction in the long term future of the businesses, should you hold on, ot take a short term view. Weir springs to mind, where I bailed out at a price significantly below the current quote - albeit at a time of great hiatus.

GBP strength is random noise, as far as I can see. Will the $ strengthen against the £ over the coming weeks, as the Trump camp solidifies it's policies in advance of his taking office? He does appear to be talking sense since his election.
On that basis, where does oil go from here?

red

[apad] 13/11/2016 05:49

ps
Interesting to see class companies like CRDA and HLMA dropping with the increasing GBP. Surely this GBP strength is random noise?

[apad] 13/11/2016 05:44

It's all a handwave to 2017, mod. Pretty meaningless.
I'm assuming that Seimens are not going down this path for an incremental improvement, but for a significant advantage (time between tests). If they get this in europe, than I assume that they will be pursuing FDA (mad processes) approval. Indeed, I would expect these processes to be already underway - why wait?
This is a most optimistic viewpoint, of course. I was delighted to have called Seimens as the collaborator before it was publicised, as they are the gorillas on the block. The ball is firmly in their hands. All BVXP can do is stockpile the chemicals for them.

A highly configurable and controllable additive machine producing, reproducable, quality at a microstructural level without skill is a different sort of animal than a mass production machine. Whether there is a big, profitable market is another question. In the meantime they are spending our capital like true believers.
I guess, I am not concerned about the likes of GE, but they may well buy RSW if the owner's shares hit the market.
RSW is a unique animal - like ARM it'll be bought for silly, coloured paper, eventually.
apad

[redartbmud] 12/11/2016 18:53

APAD

I tend to agree - David vs Goliath.


red

[modform] 12/11/2016 18:04

Apad, do you have any idea when Siemens news will surface

[apad] 12/11/2016 14:02

On the face of it it looks as if GE are essentially buying into routine production line machine tools.

Maybe easier to buy the companies with offshore monies than to buy their products.

More flexible machine tools that can be configured to produce a range of different products are maybe a different niche.

It looks to me as if RSW are tilting at a 'manufacturing as a service' industry. With this activity as being a potential to selling kit into production companies after development.
To make this work they have to have a technical edge, and they maybe have to have the ability to plug away unprofitably, perhaps for too long a time.

apad

[redartbmud] 12/11/2016 12:04

APAD

I wonder where Rsw fits into the 3D printing scenario.
It certainly doesn't have the bid bucks to spend like GE.

red

[modform] 12/11/2016 11:01

Dacian, I highlighted miners as being in the first stage of bull market in March on the zulu thread, they have all multi bagged. There were incredibly good value, VED had a yield of almost 10%, and it had paid dividend continuously through the biggest bear market. It's unbelievable how many experts gets simple things wrong, they were all saying that the price of gold will rise by $200 if Trump gets in, there was a rush to buy gold and then sell off started, that was the signal to sell PM, so I sold HGM and other PM miners and bought copper and steel miners because of the pledge to spend money on infrastructure.It's a dynamic market, you either buy and hold quality like ABC which you have to accept high PER, or you need to switch stocks in your portfolio.If you are a charitist and like quality stocks in a niche market in the USA then have a look at NVIDIA which I highlighted here when AMD pulled out of producing high end graphics card for PCs at the beginning of the year which meant it created a monopoly for NVIDIA, again high per but they beat their eps by massive margin last night.The other one is GIMO that is operating in a very niche market but again very high per. I think per is a ridiculous means of measuring growth stocks, you can add peg to that but you still don't get the full picture.

[apad] 12/11/2016 08:45

General Electric Co. in September agreed to buy two European 3-D printing-machine manufacturers, Sweden's Arcam AB and Germany's SLM Solutions Group AG, for more than $1 billion combined. When GE's offer for SLM was scuttled by shareholders last month, the conglomerate agreed to pay $599 million for another one, Germany's Concept Laser GmbH, the next day. GE's Arcam offer has been extended through Thursday to garner enough shareholder support.
GE sees 3-D printing with metal alloys, which it commonly refers to as "additive manufacturing," as an important part of its future, especially for its $25 billion jet-engine business. Greg Morris, who co-founded an additive manufacturing company that GE bought in 2012, said skepticism within the conglomerate has faded over the past couple of years. "Convincing people is no longer what I do," said Mr. Morris, who is now the additive technology leader at GE's aviation business.
Engineers at GE's Ohio-based jet engine business initially hoped to use additive machines to create a portion of the fuel nozzle for its new commercial jet engines, said Anthony Dean, who managed the team that developed the part for GE Aviation.
"Then we started to get greedy and said, 'Can we print the whole thing?'" Mr. Dean said.
As a result, the interior of the engine's fuel nozzle is being made entirely through printing, and the company built a $50 million 3-D
printing factory in Auburn, Ala., to make the parts in bulk for the new engines.
GE has 28 of the machines in use at the Auburn facility and eventually plans to have more than 50, a spokesman said. GE says it will produce 6,000 fuel nozzle injectors at the facility this year, and double output next year. The company says it can make a set of nine of the fuel nozzle interiors in five days, rather than the weeks it takes using conventional techniques.
GE says 35% of the company's new advanced turboprop engine will be made using 3-D printing, a technique that has allowed the company to eliminate more than 800 parts from the engine, cutting 5% of the engine's weight.
Those who didn't anticipate the rise of 3-D printing of metals may have missed it because of disappointment in the polymer-based products made by consumer-oriented companies like MakerBot, said Cathie Wood, CEO of investment manager ARK Invest.
"The industrial part of this is really heating up," said Ms. Wood, who earlier this year started a fund that only invests in 3-D printing companies.
GE's pending acquisitions could push other companies to act, whether by snapping up other additive-machinery or metal-powder makers, or just by pushing competitors to experiment with additive processes to build components they currently make through traditional means, analysts said.

[apad] 12/11/2016 07:36

Policy is to increase BVXP at every opportunity up to Siemens news, mod.

Parking money in GSK spoilt the policy - bad call.

I'm assuming that GBP strength is nothing to do with GBP, but it's making RDSB look interesting. Musn't be sidetracked again.

apad

ps

Siemens confirms plans to spin off healthcare unit.

[redartbmud] 11/11/2016 22:40

mod

I think it would take a Thesis to explain what is a very complex situation.
Putting aside the numbers quoted, there are so many other things to take into consideration. I would want to look at the fundamentals of the two businesses and make a value judgement of the future prospects as a starter.

Polo is riskier:
The Company makes direct and indirect investments in natural resources companies and projects, both listed and unlisted.

For starters 'unlisted' requires a subjective valuation of an illiquid asset. It can only be disposed of by a willing seller to a willing buyer.

GCM: Looks to be a play on - principal activity, through its subsidiaries, is the development of the Phulbari Coal Project in Bangladesh.

One trick pony that is stable as to it's activity.

That is just scratching the surface.

My starting point for a lot of hard yards to come I'm afraid, if I was doing the research.

red

[rjmahan] 11/11/2016 21:13

I have a little POL - People probably dont know about Pol and if they know they dont trust POL's BOD not to steal their money.

[modform] 11/11/2016 19:22

I hate it when I don't understand things. I posted this on bbus thread

POL which I have a small holding from 5.5p used to have a nav of 8p, and that was the reason I got some. It owns almost 30% of GCM.
The POL share price is now about 7p with nav of 22p, since GCM is up almost 300%.
I don't understand it.... Why punters should chase GCM when they can buy POL at massive discount.

[modform] 11/11/2016 19:10

Apad, you seem to have a lot more BVXP than me, I have almost £50k, you seem to have £100k, I need to catch up.

[apad] 11/11/2016 15:31

GBP strong!
apad

[redartbmud] 11/11/2016 09:15

Tickling down nicely ATM.
The play is supply vs demand, and the short term outlook.
At some point, I will buy back the shares that I sold. It is just a question of timing. That is not my strongest point!

red

[apad] 11/11/2016 09:09

Very strong RDSB article in the FT, concerning Brazil deep water, red. Benefit from BG.
apad

[redartbmud] 11/11/2016 08:45

Shell in the playground?

red

[redartbmud] 11/11/2016 08:43

Yes, Hils perfectly positioned. Muir is an excellent CEO. They must be attractive to bigger fish, given that corporate actions are slowly winding up again.

Cgs flagged the end of a large contract some time ago. They have worked hard to fill the gap but it is still yawning for now. Vicary is an excellent appointment as the new CEO. The numpty Hairy Tim, who was CEO at Chamberlin, saw him off from his position as Production Director. It was Cgs gain and Hairy is toast.


red

[apad] 11/11/2016 08:28

HILS perfectly positioned I would have thought.

CGS suffering as expected.

Bought BVXP with BVXP income this morning - very satisfying.

apad

[redartbmud] 10/11/2016 21:47

mod

Wonder if somebody is sniffing around?

red