Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
.
could become quite interesting with a mkt cap of less than £1m
amount above 0.10? ...only a few piddly 0.11 buys over the past month that i can see.. ...now u can sell at 0.10 it all gets a little interesting, no?
...on M&A basis, how much could potential acquirer strip admin? ...so current EV ~ 4-6 gross may not be that bad.. ...but where's the upside for buying at 0.10 if that's a decent take out price? again dyor/check calcs (i'm no m&a boffin) & reach yr own conclusions opinion only
but mkt cap ~ 3* tnw (because most of assets goodwill), it seems to me & EV is 2- 3 * rev of unprofitable business...compare that with software hopeful cns (EV less than 1 * rev)...hopeless comparator (completely different businesses to start with)...but 2-3 rev is going some imv opinion only, as always!!! & counter analysis welcome...just don't like P&D
Extract from last rns i can find "The outlook for the full year is not as positive as it was at the beginning of the year but we are working hard to grow the business and enhance shareholder value. .... As the Group lacks critical mass the Board has decided to consider all viable strategic opportunities to maximise value for shareholders, including the potential disposal of the remaining operating business. In the meantime, the Group is also seeking to minimise its cash burn from on-going operations.
..
Interesting!!
trying life support?
wallet where posts r enjoy ur w/e
all out?
Seems like some bottom fishing going on today? Perhaps oversold?
There were rumours posted re "city activity"? From the posters on this forum were they related to a further company divestment or other corporate activities re going forward for shareholders?
..
Yes still got a holding here as I hate selling at a 10% plus loss so will hold - for a while
still in
These results are the first since the disposal of Sure-Track Europe Limited in March 2012 and the first interim figures since the change of accounting year end to 31 March. The comparative figures for September 2011 have never been publically reported. The results show that the Group made a small loss for the period of £65,107 (2011: loss of £301,511). The majority of the loss is attributable to costs relating to the holding company with the remaining trading business, IBP Limited ("IBP"), generating a trading loss of £20,162 (2011: loss of £42,953) Trading
Looks like a promising company..Where'd I put my wallet :)
subsides...
we share a dream...gco may struggle to manage its debts but in bob i trust lol
brings me hives out lol
well done again, kn - what's the catalyst for the frenzy?
I'm still having more hits than misses - today BRDY and AVO up and got loads in PPR which seems to have cleared out the free float....