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to retest 80p...still ridiculously cheap imv
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This is my biggest holding. A nice increase in the dividend.. Now back to sleep for another 6 months.
yes. i've been a titon for 4 or 5 years...free carry of c10k...superb lt play (with trading as added spice)
just quality! another of my recovery plays jolly! but if course u knew that!!!!!
just excellent
Should have year end figures and update this week with hopefully an increase in divdenf
or will dreary 70-75p ceiling prevail (as £4 does over on dwha)??? ...I can see why folk derisk here, but the low multiples and current asset strength make taking money off the table Jolly difficult
but fairly cheap lol
Certainly seems so!! Jmb gone?
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cheap as chips on current p/e...esp when adj for cash
The only red flag for me is the partner in S Korea. Eggs in one basket etc. If this co defaults on it's payments to TON, disaster. I have been unable to find the name of this Korean co who has been buying TON goods and services. Any-one know? GLA
Low valuation for a company producing circa £1m profit. P/E ratio circa 8, dividend and good management. Should this be seeing new highs shortly and the trend continuing to nearer £1? Hard to argue with the fundamentals, and a nice quiet bb which is always the best
Brilliant results....excellent growth and producing free cash flow with dividend.
Due on the 11th, bit of buying beforehand here.
Based on 2013 figures the EV/EBIT is 15.2 and company is trading at a 27.5% discount to TNW The interim 2014 results showed were absolutely superb though so now the EV/EBIT must be 7.5 to 8 ish from my calculations. Additionally the TNW rose so that the company is now trading at a 33.6% discount to TNW. The Q3 update was also very positive saying revenue were 21.4% higher (even better than the 20.4% shown at the interims). The only thing I haven't mentioned so far is the PE ratio. Based on the 2013 figures it looks faily high (at 23) but it looks like EPS will be roughly 64% higher. I reckon 2014 EPS will be about 4.7p giving a forward PE ratio of 14. Conclusion Forward PE is undemanding considering growth EV/EBIT ratio indicates the company is very cheap It is trading at a 33% discount to TNW so there's a great margin of safety The accounts (cash & liability) look very healthy There's also a 3% yield Chart-wise, it looks to have bottomed out. Therefore it looks like now would be a good time to buy.
I didn't play it well: missed my top/load up
Should have acted on my 19 June post when I realised this was dirt cheap. I blame my lack of confidence in my abilities as an investor these days. Will do some research again when I get a chance. Well done to you, Jolly. Hope you're keeping well :)
Self
Feeling pretty pleased with my recent buys holding 34500 at an average of 55
I bought in at 46p, and then doubled my investment, after the half-year report, once it got back down to 52p. I was very unimpressed to see the RNS half-way through the day, and must admit I assumed it would be a profit warning - why not issue it at 7am? Anyway, needless to say I am very happy with the results, and think this one has further to rise. If they can make about £1m pre-tax profit this year then, with the cash in the bank, it will have a historic P/E of about 6.
but happy with my 10k here...elite has missed the bounce as well??
top top company man! excellent rns...saw it up 6% and didn't bother! hindsight!
now growing...MCAP still lower than TNW!!!