Hi dude. Upbeat report from IC in today's FT. One broker claims there is £58m hidden value in the stock on the balance sheet at today's prices making total £100m instead of £42m reported earlier. A significant sum for a company with a £150m capitalisation. Add the cash in bank ... could be a target for takeover. Expected pre-tax profit this year is £11.2m, rising to £13.3m next year.
27 Jun '14
Presumably due to final results out today. Didn't take opportunity to average down .... duh ...
27 Jun '14
Good Bounce today
Unfortunately not in here, due to funds recently invested elsewhere, but still on my watch list. GL
20 Jun '14
RE: Support Level
Next few days could be interesting on which way the SP will go? Noted BlackRock have reduced there holding here.
19 Jun '14
Beginning to look very cheap Davbro. But I can't figure why. There's so much conflicting data out there. CNBC Talking Numbers is a classic if you ever follow them.
18 Jun '14
I am no expert when it comes to analysing charts but it appears the support level of 281p has now been broken and the next support looks to be 267p? Apart from selling can't really see any other reason for the continuing drop. This is beginning to look cheap?
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