Lensl
21 Jul 2015
A wise buy The offer will be well oversubscribed and it is a cheap option to buy them in the market at 1.5p.When the offer is finalised the price will be pushing 3p.
DAVOLD
07 Jul 2015
Re: Just waiting for them to rise. Your not on your own. Do not look at them very often, might get a nice surprise one day although I must admit that at the moment the chances seem weighted in me being in my grave before a surprise comes along. Davold
Derkky
07 Jul 2015
Just waiting for them to rise. I bought my shares in 2003 at 51p each. At 1.5p it is too risky for me to buy again. I just want to see them rise and give me a little back. I certainly won't be selling as the costs we wipe out most of the current value.
longtermBLVR
30 Jun 2015
Re: scenarios.. if fully subscribed, the Co will have 500 mln shares...at 1.5p, this is a 7-8 mln mkt cap...out of which 3 mln will be cash (to be spent in the next year or two)...ignoring the pending sale of IntSaw for maybe 5-6 mln..sales at 3mln for 2015? P/S 2 approximately. Expensive? Risky? Yes, the BOD was overtly optimistic...they have learned I guess...hence raising more than the Co needs...but they will make it up IMHO from the IntSaw sale at a better price..DYOR!
uggy 100
30 Jun 2015
Re: scenarios.. I'm not saying don't invest but people have to be aware (they should be by now) that, even with the fund raising further investment carries a very substantial risk. Having said that I believe any application for new shares qualifies for tax relief under the EIS scheme which does make it a little more attractive.
longtermBLVR
30 Jun 2015
Re: scenarios.. Uggy, the past is not always a reliable predictor of the future...nobody, even the best analysts, had predicted the collapse in commodity prices (which affected projections for itrack sales to miners) - even Tesco messed up big time!I am just saying that, now that the big negative of the dilution is out of the way, the downside is very limited compared to the upside. Cash burn is at a minimum 100k per month, monthly income should be rising, still to come is the IntSaw sale, production next year by OEMs...The Co has its fingers in many pies (got burned in some albeit!), engineering verification takes longer than expected but eventually it comes through...after many false dawns maybe we are appraoching the real one?
uggy 100
30 Jun 2015
Re: scenarios.. Longterm People have to weigh things up before committing further funds to this co. Time & time again we have been disappointed by the management & until there is more clarification over Intelisaw sale I would urge caution. Quite simply there is a huge question mark over the current BOD's ability to deliver, for years they have been found wanting,
longtermBLVR
29 Jun 2015
Re: scenarios.. so we got a variation of the 3rd scenario in the end ...25% dilution but NO sale yet of IntSaw...very positve...2 mln raised already plus 1 mln for those who want to average down...I don't think Co is desperate for that 1 mln, it's just to sweeten the pill. It clearly states so anyway under the purpose for the 2 mln and potential extra mln.Still a few million to come from the sale, which should NOT be a fire sale hence the Co will realise its full price.Also encouraging is that the Co burned less than 400.000 cash in the 5 months to May (meaning Revenues and expenses are faring well).Given that the dilution uncertainty and cash raise is over, I believe that the Co will now steam ahead and that this price will turn out to be the BOTTOM.
uggy 100
29 Jun 2015
Re: Only 1 way to go Get shot of the bunch of incompetents called the BOD & i'll consider it.
trickler
29 Jun 2015
Re: Only 1 way to go I'd like to agree but having previously taken up 'offers' I'm not prepared to sink any more into this. It's about time we saw some positive resultstclr
Lensl
29 Jun 2015
Only 1 way to go The fact that the company was able to place so many shares, presumably with institutions is an optimistic sign. If the company was going under there is no way that it could have placed so many shares. Clearly they expect them to rise and I'm sure they would have done their homework! Now is the chance to recoup some of the losses.
lambrini girl
29 Jun 2015
Re: SELL OR HANG ON? machine flagging weak buy 1.5p...
longtermBLVR
25 Jun 2015
GE and ourr sensors???? [link] comment!!!General Electric, the US engineering giant, has predicted a new “industrial revolution” worth $1 trillion a year as wind turbines, oil pipelines and aircraft components become connected to the internet.Mark Elborne, GE’s head of the UK and Ireland, predicted that the industrial world is set to mirror the consumer internet revolution of the 1990s, which has brought instant, on-demand information to billions of people.GE, the American institution that helped develop the lightbulb, the commercial jet engine and the MRI scanner, is investing heavily in what it calls the “industrial internet” - adding millions of sensors and connectors to aerospace, energy and medical equipment.Mr Elborne, speaking at The Telegraph’s Digital Leaders conference on Wednesday, said that this would mean equipment that can relay up-to-the-minute data on how well it is working, preventing industrial failures that can put lives at risk and waste billions of dollars.“We are in the same place in the industrial world as the consumer world in the 1990s,” Mr Elborne said."Machines have to become more intelligent and we need to start collecting that data… [this will mean] zero unplanned downtime, which is worth $1 trillion a year to the world economy."This is the next industrial revolution. It fundamentally changes how we design and create products and opens opportunities for millions of people."While just under half the world’s population - around 3 billion people - is connected to the internet, around 50 billion machines will be online in the near-future, Mr Elborne said.Although this presents major opportunities - planes that uses less fuel, oil rigs that know where they need fixing, and wind farms that can check themself for safety - hackers will also try to exploit these “smart” machines, he added...."
lambrini girl
04 Jun 2015
Re: SELL OR HANG ON? >>SELL/Bank<<<might regret not bankin..chaps..
longtermBLVR
01 Jun 2015
a few more weeks... already 3 months since the March interims, the Co should make an announcement about the Full year end (30 june) either prior (in 2-3 weeks) as last year, or soon after (by July end) as in the year before last...given the ongoing IntelliSAW sale effort I guess the announcement is more likely to come in July...with or without details about the posiible Capital raising!
