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30/12/23
13:06
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Originally posted by minoil
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I guess my big hope for next year is SIS Simble Solutions, supplier of electricity management software and carbon accounting. Following several years of aggressive trading it I have recently knuckled down to serious accumulating. It's been close to a death spiral, a combination of low revenue, high capital requirements.
Now, revenue is improving though still lumpy and has the spectre of capital raise casting a shadow over it. Recent chats with management finally sees them understanding how a bad raise can crucify them. They had been considering funding via large holders and partners but this has been put back for a while now revenue is improving.
I'm hoping for a decent turn around in fortunes now that management are coming to grips with all aspects of the business, including thoughts and views of its shareholders.
My more " normal " plays are the corporate shells or sleepy stocks in acquisition mode. My biggest commitments include....TKL AUR GNM M3M PUA LKY PLG
These stocks either have openly displayed acquisition desire, or, are quieter yet have the register dominated by known players or have recently had corporate moves to suggest a plan is underway....happy to expand on any of the above
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Gonna throw SRR into the ring as well. It got reamed by the Burkina Faso mines depth but has engaged a legal team which happens to be the same mob who acted for IDA in a similar situation.
In the meantime it's likely SRR will acquire a new project, possibly Cote d Ivorie or similar region with more stability