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Celebrus Tech #CLBS Share Price 57p (-40%) 95% software gross margin is fabulous, but FY26 software revenue was ~$20.3m against $21.2m of operating expenses, producing a $1.83m operating loss Great gross margin — but almost none of it drops through. Economics that must change!

Celebrus Tech #CLBS Share Price: 57p (-40.3%) The key is the new VP-Global Services must standardise implementation, cut no. of hours and people required Hence, can lower CAC and unlock much more ARR & profit. If so, the sales proposition becomes easier and more repeatable

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Celebrus Tech #CLBS Share Price 61p (-35%) Market is focused on the future losses and a future cash burn. I wasn't. Thought better to rely on the cash levels and I considered this a business stuffed with cash and plenty of time to turn the business around. Hmm... we will see!

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Dearg Doom @deargdoom.bsky.social · 05/10/2026

Celebrus Technology #CLBS Share Price 75p (-21%) Bought a small stake today after the profit warning. The fall in SP maybe an overreaction. ARR fell 2% and execution remains an issue. But CLBS has $22.3m cash, no debt and high-margin recurring software. Interesting risk/reward. For a Trade Only

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Nu Holdings $NU Share Price $14.84 (+10.5%) (pre-market) Pleased to see the SP recovery continuing. Move today looks very tied to Brazil's election first round. Markets reading a possible runoff win for Bolsonaro as business-friendly. Just watching the read-through. A Core Holding.

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Dearg Doom @deargdoom.bsky.social · 05/10/2026

IG Group #IGG Share price 980p (-1%) Doubled my position since RNS! Yes, Q4 is guesswork. Q3 OTC retention fell to ~70% (~80% avg), and that's the swing factor. Underdog is growing well! Maybe, just short of the founders' payout targets, but that's fine for IG holders. Watch 8 and 22 Oct.

IG Group #IGG Share Price £9.86 (-22.6%) 70% OTC retention shock! But Underdog is quietly doing something rather different: Q3 revenue ~$105m, >100% YoY. And Q4 is seasonally the big quarter — >⅓ of 2025 revenue came then. The 8 Oct presentation really matters! I've kept adding. DYOR

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IG Group #IGG Share Price 1007p (-21%) I'd looking for answers, not reassurance. As management says OTC retention will improve over the medium to long term, but... Tell me: — Why did it fall to 70%? — When does it normalise and where? — What does that mean for earnings beyond 2026? And ......

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IG Group #IGG Will host a virtual seminar on Underdog for institutional investors and analysts on 8 Oct 2026. Further detail coming on Q3 2026 trading on 22 Oct 2026, ahead of its strategy update that day. Not a broken business. But, a broken near-term earnings expectation! A Rough Day, Today!

IG Group #IGG Share Price 933p (-27%) Possibly foolishly, I’m averaging down with enthusiasm. Revenue growth guidance was cut to mid-single digits. But, customer numbers remain strong, Underdog is flying and the balance sheet is solid. I’m betting 70% retention isn’t the new normal.

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Dearg Doom @deargdoom.bsky.social · 01/10/2026

IG Group #IGG Share Price: 1,269p (pre-open) Q3 looks ugly: Revenue ~£240m, -14%, as OTC revenue retention fell to ~70%. But customer income rose 8%, first trades +25% and active customers +17%. Underdog revenue >$105m, +100%+. I'll treat Q3 as a blip. Buying any dip ~1200p. A Core Holding.

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Nu Holdings $NU Share Price: $12.66 (+2.5%) Monday: "Oh no — NU might spend billions buying Monzo." Then Wednesday after hours: "No, we're not pursuing it." Share price recovering (in after hours) much of Monday's 10% fall. Relief rally unlocked! After Hours SP is $13.44 Expect SP to go higher

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Toast $TOST Share Price; $29.41 (-3.5%) Chart might look like a falling knife, but looking past short-term price weakness, the fundamentals are hungry for growth: 📈 +22% Location Growth 📈 +25% ARR 📈 +28% Recurring GP Fair value for a future compounder. I'm topping up! 🍽️

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Can't keep buying more UK companies without selling or reducing some others. Sold, Eleco, Ashtead Tech, DCC, Breedon, Aberdeen, Trainline, Brickability....

RNSs out this morning. Immediate reaction after the first 20 minutes.

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Everplay #EVPL Share Price 423.5p (pre-open) Today’s RNS confirms the gaming boom is real: Wardogs ~3m copies in Early Access, Vietnam >1m Market already knew! Question is whether exceptional launch sales become a higher, durable earnings base I'm Watching, Not Chasing!

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Fair Isacc $FICO Share Price $615 (-27%) The moat was presumed permanent. It ain't! Bill Pulte FHFA director, has been unusually aggressive and influential in changing the GSE credit-scoring framework. $FICO always seem too expensive foe me as a lazy compouder Now, fairly valued or a value trap?

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Beximco Pharma #BXP Share Price: 54.3p, -5.6% Interesting! Shares falling but today’s Bangladesh news looks positive. Hmm.. BSEC approves the reconstituted board, with Salman F Rahman excluded and 4 independent directors. An odd reaction. I’m topping up! A Core Share Holding.

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Card Factory #CARD Share Price 75p(+3.3%)) Is £40m-ish FCF genuinely sustainable? If yes, cheap valuation potentially does a lot of the work. Vistry #VTY Share Price 271p (-5.5%) Can mgmt first repair the business sufficiently to generate meaningful FCF? That's much harder! No current position

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Made Tech #MTEC Share Price 50p 2pm investor presentation Interesting! With ~£115m of contracted backlog already in place, how much of it mgmt can deliver and what comes next. I'll be looking for evidence of execution against the backlog, alongside a clear pathway for further growth beyond it.

Made Tech #MTEC Share Price 49.6p Public-sector tech/AI looks an interesting sector to be in, with contracts and backlog improving. I like the direction of travel, but SP have already run hard higher in the last month. Taking a small position to whet my appetite and see how the story develops.

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Mortgage Advice Bureau #MAB1 Share Price 362p Market asleep! I’m topping up an already large core holding. Sept 9th profit warning may prove the pivot. New first-time-buyer support could boost mortgage demand, housebuilding and MAB’s market. If purchases turn, earnings/rating could turn too!

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Toast $TOST Share Price $30.38 Added some more today. I just can't resist! Each extra slice is costing a little more, but I’m happy adding around here. Just worried the bread will run away with the jam!

NU Holdings #NU Share Price: $12.25 (-10%) Took advantage of most of the 10% drop today to add to my holdings. Share price fall reflects early-stage discussions to buy Monzo, reportedly valuing it at £8–10bn. No formal bid or agreed deal. Looks very expensive in comparison, but NU can walk away.

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Funding Circle #FCH Share Price: 183.6p Bought Friday. After digging deeper over the weekend, my conviction increased and I added a lot more. H1 numbers are strong, but I'm increasingly interested in the operating leverage and cash generation. FCH looks an attractive medium-term holding.

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Labour’s “Your First Home” scheme may increase no. of people who can afford to buy a new-build, but that doesn’t necessarily mean anything like the same increase in houses actually being built. If supply is constrained, it could simply mean more buyers chasing the same homes. Just wondering...

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Yes, I know now. If suppliers and housebuilders are moving together on the “My First Home” news, that makes a sector re-rating more plausible. I'm just comparing the share-price moves across the sector after the first hour of trading to see how much of Breedon's move is sector-wide.

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Dearg Doom @deargdoom.bsky.social · 25/09/2026

Breedon #BREE Share Price: 336p (+9%) Today's move caught my attention! I'm watching the volume closely — if the price rise is being confirmed by unusually strong trading, the picture could be changing. No RNSs. Sold a third just in case, but something might just be up! Hmm...

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Funding Circle #FCH Share Price 182.4p (at close) Initiated a core position • Near-term growth jump is a 1-off step change, settling into low double-digit annual compounding • Strong operating leverage: expanding margins with PBT outpacing revenue • Rising cash build & growing funding capacity

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Toast $TOST Share Price: ~$30 Buy the growth story! Locations +22% GPV +22% ARR +25% Recurring gross profit +28% The bigger opportunity: selling payments, fintech, payroll, ordering, marketing & AI to 180k locations More restaurants + products = years of compounding Worth buying on the dips.

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Big Tech #BIG Share Price 95.2p Secures a 2-year contract extension with New Zealand Departmento Corrections, extending its partnership through Aug 2029. Exact financial terms aren't disclosed. But, validates their core electronic monitoring platform. More new contracts needed. A Core Holding.

On the Beach #OTB Share Price 171p (+4.8%) Bookings +9%, TTV £1.3bn, FY27 PBT £28–35m, £60m cash. So why has SP not moved more this morning? Seems, the market isn't sure: is this genuine growth — or simply recovery back to FY25? Proof needed! Hmm... I've been buying others' uncertainty for now.

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On The Beach #OTB Share Price 163.2p (pre-open) Down from ~194p despite +17% bookings in the last 8 weeks and FY27 PBT guidance of £28–35m. Expected debt-free with ~£60m corporate cash. £67m returned to shareholders #OTB has been buying back its shares Starting a new position Bought on the open.

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Ashtead Tech #AT. Bought in 2025. Almost getting impatient. Gladly, holding in size.

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Dearg Doom @deargdoom.bsky.social · 22/09/2026

Ashtead Tech #AT. Share Price 545p (+60%) Ember wouldn't bid 4 times, unless they truly wanted the asset. The Board rejected previous attempts, but is now opening due diligence at 615p. Brokers targeting 650p+. Ember may still need to sweeten the deal before Oct 21. What to do now? I own!

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Elixirr #ELIX Share Price 480p (-3.6%) I’ve added again today and may buy another tranche if SP falls further Reckon both brokers' reduced price guidance is doing the most damage. However, more realistic expectations could ultimately be positive I’m buying the risk/reward. Averaging down started.

Dearg Doom @deargdoom.bsky.social · 21/09/2026

Elixirr #ELIX Share Price 516p (-17%) H1 Fair reasons for a lower valuation. *Poor 5% organic growth. *Weak H1 free cash flow. *Peel Hunt broker sharp downgrade But a 25% rise in revenue, 29% EBITDA growth and 18% EPS growth remain. Sell-off looks overdone. A first time buy. Worth a trade!

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Dearg Doom @deargdoom.bsky.social · 21/09/2026

Craneware #CRW Share Price: 1,016p, -24% FY26 results confirmed July’s warning. The genuinely new punishment is weaker FY27 outlook + 340B/cyber uncertainty. Felt cheap enough to keep adding. Now, holding upped by 50%. Risk/Reward more attractive here. DYOR

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Dearg Doom @deargdoom.bsky.social · 21/09/2026

Craneware #CRW Share Price: 1,034p, -23% FY26 results confirmed July’s warning, but SP punished again. I’ve just increased my holding by 33% Strong recurring revenue, margins & cash conversion remain. 340B is the key growth catalyst. Blending averaging down! LOL