Blog
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BigDish – Virus fears could be positive for revenues, with recent 67% share price fall offering tremendous buying opportunity
By Richard Gill, CFA Prostitution, sport, airlines, bars, pubs and hotels are just a few of the industries reported to have suffered from sharp falls in demand in the past month or so as a result of coronavirus fears. According to trade body UK Hospitality, in recent weeks hotel occupancy has fallen by 15%, eating […]
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OPEN LETTER TO DAN FRUMKIN CEO OF METRO BANK
Dear Mr Frumkin (Dan.Frumkin@metrobank.plc.uk) We have been one of the very few positive voices surrounding Metro Bank during the last several months as evidenced by our commentary HERE. It is thus with dismay and incredulity that prompts us to write with regards to what seems, on the face of it, to be an abject disregard […]
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Argo Blockchain – Revenues up 56% in February and further investment in mining capacity.
By Richard Gill, CFA A brief update from crypto miner Argo Blockchain (ARB) has revealed that the company mined 337.5 Bitcoin or Bitcoin Equivalent (BTC) during the month of February, a 37% increase compared to January. On the back of rising crypto prices during the month, revenue growth was markedly higher at 56%, giving total […]
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Vela Technologies – Bond repayment date extended and corporate transaction still being sought
By Richard Gill, CFA Investment firm Vela Technologies (VELA) has announced a six month extension to the repayment date on its £550,000 10% Secured Bonds, from 17th February 2020 to 17th August 2020. With cash of £120,000 as at 30th September 2019 the company would only have been able to repay the bonds by liquidating […]
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NMC Healthcare – valuing the equity with more bidders now in the frame
It has been a tumultuous period for shareholders in NMC in recent weeks with the stock dropping to a new 5 year low on Friday of just 677p before staging a modest rebound to close at 700p. The maelstrom was started by Carson Block’s Muddy Waters research firm who allege a variety of concerns over […]