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Pennystock

LONG if support line holds - bullish divergence - undervaluedMcap: 7.7mil (undervalued) Final Results for the year-ended 30 November 2017: Total revenue of US$7,263,048 reflecting an unrealised profit on the revaluation of portfolio companies of US$6,083,225 Net increase in fair value of portfolio companies due to appreciation in shares of Lucyd Ltd (US$5,833,392) and Belluscura plc (US$249,832) Cash balance of US$1,797,729 (2016:US$1,839,603) with liabilities of US$238,149 (2016: US$484,825) and no debt Net assets at year end: US$10,675,961 (2016: US$3,137,074) -- Salarius ltd, which holds the patent for micro-salt (uSalt(TM)), manufactured its first patented micro-salt samples and had them independently tested for both flavour and sodium content with a leading brand of potato chips (crisps). Results indicated that Salarius salted crisps have all the flavour and roughly half of the sodium of traditional crisps. We view this as a significant breakthrough for producing healthier snacks. According to Grand View Research, the global healthy snack market is expected to reach US$32.8b by 2025. Salarius is both continuing to seek an out license for its patented product while exploring the potential launch of a healthier snack food brand -- Established Guident ltd, a new portfolio company that acquired and seeks to commercialise a patented technology that enables the development of software apps for controlling autonomous vehicles. According to Research and Markets, the global autonomous vehicles market revenue is expected to reach US$126.8b by 2027 -- Established eSoma ltd, a new portfolio company that acquired and seeks to commercialise a patent pending software called Trace-it (TM) for improving the accuracy of gesture recognition on any device. The global gesture recognition market is expected to exceed US$12.7b by 2020 according to Industry Analysts Inc. -- Smart Food Tek Limited is continuing to seek a licensee for its Crackle-baked(R) technology. Post-period end highlights -- Lucyd pte ltd announced it has received approximately US$6.1m in contributions from its blockchain token generation event (TGE). Lucyd pte ltd is a subsidiary of Lucyd ltd, a Group portfolio company, of which it owns 100%. Proceeds of the TGE will be used to develop ergonomic smartglasses and for operational expenses. -- Belluscura plc concluded a private placement of approximately US$1.33m and converted loans equal to approximately US$268k to equity under the same terms as the private placement.
LSE:TEKLong
by vcm11
Realistic unbiased long term view - I hold TLY from 24.90p - I bought into TLY at 24.90p based on volume and some good short term indication like Bullish divergence but I'm realistic and have set risk management on this one due to the weekly view. short term we could well have a nice run at least to the 20ma on weekly view and possibly above it for a period of time but previous support line bugs me. Hopefully we won't see that support area and TLY will do well. But if we do that price will be a bargain and I will doubledown. With Miton out of the way based on last 2x RNS's we should have a nice run at least short term.
TLong
by vcm11