Member Info for 42trader

New record high here upon the news today that revenues are smashing forecasts. Well done DNLM. Not going to see 735p. How high can this go?

Very positive update though I must point out that the plant is NOT sold yet. As usual with most things in life, everything always takes longer to do in reality.
It will certainly be interesting to see the full deal figures at end. As usual though, this might still run later than June but I wouldn't worry if it does.
Lord Moynihan and David Dinwoodie certainly are working hard and spending a considerable amount of time in the US.
The new paraffinic product line is very good news. Shows there are looking at new revenue streams and one with a good feedstock from.
HYR could well of now seen the bottom regarding the share price. A lot to do still this year and things WILL probably run behind schedule but overall I am very happy with this progress.

Looking forward to hearing from the AGM today.

https://www.edisongroup.com/publication/potential-for-further-positive-surprises/24434

Another shameless ramper. You were not calling for 8.7p though, were you, but well above 20p? Maybe its posters like you that should not be posting on these boards.

Sorry, what did you say about RBW the other week? Nice PnD.

Show us your chart please TT

SFU - do you want to buy mine? We could come to some arrangement if you like. A discount for a fellow investor. 8p sound ok?

https://www.edisongroup.com/publication/exit-from-canada-announced/24422

obvious edit, WSG. :((

Many thanks to all who went to the AGM and posted about it here. Very much appreciated.

BT, yes it may be worth a punt. But why not wait until the results come out to be safe?

.... is the ramping by cuddothisnow. Now he has moved onto EVE and doing exactly the same there with allegedly a £35k holding. I thought he said he'd learnt his lesson but he's up to the same bull on that board. Can anyone seriously believe a word he says? He does not care if he causes others to lose money as long as he gains. Absolute disgusting behaviour.

Seems some are getting itchy feet and sold out. I can understand that as AGM is just 2 days away and no news of the sell of the Aus. plant yet.
Possibly a buying op if the plant sale is delayed?

Well I was going to keep these a bit longer, but I had forgotten I had set a sell up for 750p.
Still a nice profit and gla who are holding. 800p looks a strong possibility.

Forecasts
Following the acquisition of the Australian business in December 2017, a new General Manager was appointed to head up the Australian business. After some execution issues, the General Manager left in October 2018; furthermore, the vendors of Kinetic decided to move on before the end of their earn out period (foregoing potential deferred consideration of AU$0.5m). Internal promotion has steadied the ship and the last quarter of trading was
encouraging.
Nevertheless, the expected net effect is a reduction in revenue expectations from Australia of £1.0m, and of EBITDA by £0.2m. Alongside review of performance in the whole group, with a focus on margin quality, we review group revenue £-1.29m, and EBITDA by £-0.14m; however, with lower D&A, adjusted PBT remains unchanged; and with lower tax, Adj dil. EPS improves 4%.

Dividend expectations are in line for FY19 forecasts. We had assumed an increase with payment of both interim and final dividend in FY20; and a more normal 10% growth rate from 10%. However, on reflection and discussion with management, a consistent 10% growth rate with room to upgrade is considered more prudent, focusing on debt repayment and capacity for M&A as well as emphasising cashflow discipline with a growing dividend.

No guarantee when investing but I think it will come good. Just put in an order in NT today. Can sell my whole holding but can not even buy £1k without it going to NT.
Chart wise, there is support at the current price, so good spot to buy at providing it holds which I think it will.
The nature of this company is, it makes money sporadically. The money it has failed to make this year, will still likely be made but just next year causing the drop in the share price and making this buying opportunity.

Could this make it's way back to 20p-30p and continue it's charting trading range?

Frontier Developments (FDEV): Corp
Strong H2 sees upgraded forecasts

The leading game developer continues to see success on the back of ongoing success for Jurassic World Evolution,
FDEV’s third self-published title, which launched in June 2018. The bulk of sales were seen in H1 but clearly the game retains significant momentum in H2. This is augmented by its strategy of supporting and nurturing the first two selfpublished titles, Elite Dangerous (launched 2014) and Planet Coaster (2016). This has led to a stronger than expected H2 and FY 2019 performance. We lift our revenue expectations from £83m to £89m and with the much improved operating margin, we lift adj. PBT from £18.6m to £20.0m. Our expected Adj. EPS rises from 41.0p to 43.9p, leaving the stock on just over 25x this year’s earnings and looks increasingly undervalued, due a re-rating.

We make no change to FY 2020 or FY 2021 forecasts at this stage, awaiting the FY results due in early September.

Castleton Technology (CTP): Corp
Prelims
Castleton’s prelims report performance in line with the trading update: EBITDA of £6.3m (vs £6.3mE) from revenue of
£26.4m (vs £26.5mE), with operating cash conversion of 97%, and free cash flow of £4.8m. With the maiden dividend
reaffirming the board’s confidence in cash flow and net debt approaching breakeven, the balance sheet retains capacity
for acquisitions to complement 7.3% organic growth achieved in FY19, and expected to persist into FY20 and FY21.
EBITDA margin expansion from 24% (FY19) to 26.5% (FY21) is expected to derive from continuing improvement in
cross sales, and the integration of the now unified Software and Managed Services divisions. With operating
fundamentals consistently positive and improving, we lift our target price to 140p (125p), representing a 16.4x
EV/EBITDA multiple and 4.5% target free cash flow yield.

Cavendish3, I agree with your post. Let the dust settle.
No one really knows whether it will bounce drop further or what, but there is still the results to come out and a placing and so there is still uncertainty. Add to that the bod can not be trusted.
Yes, there probably will be value in this company but I don't see the sp rising for some time. The best you can do at the moment would be to trade a bounce which imo is extremely risking.