Member Info for 42trader

Took a small holding here today when my alert for 35p rang. There is support here at 35p but whether it holds or not with the obvious seller around who knows. Hence I bought a small amount and may add if it drops more.
Plenty of skin in here by bod.

gla

Seems to me there is a ii seller on the cards. support @57p but who knows where this may drop too. Read the ic report and it does look good but if an ii is selling and there are very few trades.....

If the ic report is true and profits for the second half meet the targets then this seems a good share to buy on the way down. I'm personally aiming for a buy between 57-58p

gla

I think it says it all that the sp is holding at this level while oil and related companies are taking a hammering. Amer share price is consolidating nicely at top of trend line. Only a matter of time and it should hopefully break out.

If there is a big buy being filled then they need people to sell to fill it and holding the sp near the top of a trend channel is a good place to encourage sells.

My guess is the mm’s have dropped the share price purely on low volume to try and stimulate business. Bear in mind the mm’s make money from buys and sells. They are not bothered which direction the sp goes. In a way it’s good that there are so few trades and small trades at that. The big players are not selling, but they are not buying either so all the mm’s have to play with is small pi trades. It’s certainly frustrating to see the sp drop, especially when I could of sold at over 100% profit but when investing in companies that are not yet officially profit making then your investment should be over several years. Time to add soon. Atb

http://www.chartupload.com/viewer.php?file=20432335258225625409.png

The chart shows a downward trend still with the share being in over bought territory.

But every now and then, when the fundamentals are that strong a break out occurs and the technicals of a company are rewritten. Normally I would sell at this position and rebuy lower but I believe the trend is about to change directions because the fundamentals are that strong. Don't forget in the last few weeks the bod have also bought in shy of £1.2m adding to their large previous holdings.

gla

This is the report:

Interactive Investor: Ashtead share price drop a ‘conundrum’

The Ashtead (AHT) share price slump is a ‘conundrum’ given the equipment rental company’s earnings and profit growth, says Interactive Investor.

Analyst Richard Hunter said ‘on the face of it, the company is riding the wave of an economic boom’ especially in the US but more recently has been plagued by a downturn in US construction.

This coupled with its market’s cyclical nature and the shares ‘have been pounded even if the company’s performance is painting a different picture’.

‘It may well be that Ashtead’s fortunes remain largely welded to prospects in the US, yet the share price performance over the last year has not reaped the benefit of earlier economic success, having fallen 20%, as compared to a 10% drop in the wider FTSE 100,’ said Hunter.

‘Even so, the general view of the company is rather more reflective of both performance and outlook, with the market consensus coming in at a strong “buy”.’

The shares rose 5.8% to £17 yesterday.

The drop imo is all about a pull back after years of continuous rising. The dividend is not particularly very good to keep people in the share and so profits have to be made from selling the shares.

And what difference would 16p be? Once this resistance is broken a lot higher pride will come in time. How quick, who knows but 16p is certainly not a price anyone sensible would be thinking of selling at.

The results of the drilling have significantly exceeded our expectations in this respect and of course the very significant oil column encountered means we will have to review, with our partner ONGC Videsh, the resources associated with the Indico structure. The fact that no OWC was encountered is also very positive for the eventual size of recoverable reserves within the structure. Naturally, given this result, the Company and our partner will be reviewing options for further appraisal wells into the Indico structure in the short term, which will be required to further extend and define the resources encountered. “Significantly exceeded our expectations”

So, a £93.25m farm out deal has been signed followed by nearly £1.2 m shares bought by four bod and traders are selling their stock? Crazy imo but keep it up. I'm happy to add at any lower prices.

Good morning.
Having read the tip from Simon Thompson a couple of times now I have to say it is very encouraging for any holders.
The company has a nice low P/E ratio, especially compared to other similar companies.
Cash of £4.8m, 4% divi and NAV of 52p.
Revenues have steadily grown since 2010 and underlying profits have increased but only in the last 4 years. All in all, a good report.

The negatives I see, and reasons why I will hold off investing here at the moment are:
The current share price is hitting resistance and so anyone buying now could find them self buying at the top. If it breaks through it’s good, but with the current market turmoil of brexit, interest rates, US and China we may well be attthe start of a bear market.
Even though revenues have grown yoy since 2010, 2010-2014 showed profits in a decline which highlights the low profit percentage of currently 2.8% (though on a positive this could end up 3% for this year). So with a low percentage profit it would not take too much to see profits drop.
Add to this the company has a pension deficit of approx £19m.

The upside is pretty good but I’d rather wait on the outcome of current market traumas and see whether we do get a bear run or not.
It will be interesting to see in the coming week whether those that bought in on the tip at 10am -11am sell out for a 5 % profit especially that £50k odd trade.
Certainly one to watch and I wish everyone success.

Out of 20 AIM stock, BOO were 8th.
Top 3 were ABDP, DGOC and GAMA

Alpha momentum criteria
The Alpha momentum screen is conducted separately on
constituents of the FTSE All-Share, FTSE All Small and
FTSE Aim All-Share indices, with the results from each
screen reported in separate tables. The screen looks for
stocks displaying three characteristics, each of which are
tested using a few different criteria.
n Earnings upgrade momentum: EPS upgrades over the
past 12 months of at least 10 per cent for both the current
financial year and next financial year.
n Earnings momentum: Forecast EPS growth of at least 10
per cent in the current financial year and next financial year.
n Price momentum: Studies have found that the longer
price momentum has persisted the more likely it is to be
‘stale’ and set to reverse. The Alpha momentum screen
tests for strong share price performance over four different
periods, which helps check price momentum remains fresh.
The screen looks for share price performance among the
top quarter of shares screened over one year, and share
price performance above the median (mid-ranking) average
over six months, three months and one month.
Not many stocks pass such a stringent list of criteria. The
ones that pass all the tests are listed at the top of the tables,
followed by those failing one test, then those failing two
tests as detailed in the ‘Tests passed’ column. All stocks
must pass the EPS upgrade tests to feature in the tables.
While the primary ranking of the stocks is based on the
number of tests they pass, inside each of these groupings,
stocks are ordered according their attractiveness based on a
combination of earnings upgrades over the past 12 months
and three-month share price momentum.

BOO scored within top 8 companies in its sector having passed 7 out of the 8 tests. Failed on the 1 month momentum test.

True, hence why new people were made board members who are more knowledgable in the business including Hadi Ghossein the previous owner of Woodbois.

Over the next few months I'm looking for 90p (top of trend line).
The dividend with the special divi will be about 3.5% at current share price of 72.5p
As promised by the company, a progressive dividend policy is in place and being met. This will likely grow again next year.

Special divi - ex divi date 14/12/18 paid on 25/01/18
Normal divi - ex divi date 14/12/18 paid on 07/03/19

Most investors who post on lse are into the companies that they hope will multi bag but are not making profit unlike OMG who is profit making but will not be a multi bagger. The difference being, most will loose money but those in OMG will steadily see their investment grow which includes a dividend.

Good results:
on target for their 5 year plan to triple revenues and double profit at the end of year 2 where they are currently at 42% increase of profits at end of year 2. So their target in the next 3 years is now to increase by another 58%.

Revenues in year 2 have increased by 8.6%
Profit increased by 32%
OMG has cash of £12.229m an increase of 33.1%
The NAV of OMG is £29.229m (approx 33% of market value)
PE of 26

With these results and the special divi of 1p on top of the 1.5p divi both on ex divi date of 14th December OMG should see a nice rise start again.

Technicals of the company are good too.
The chart shows OMG are within a growing upwards trend line having previously shot out of it and spent some time consolidating after a pull back, keeping within the upward trend.

http://www.chartupload.com/viewer.php?file=16791041930043724194.png

Well you just need to ignore personal comments. It's your money to invest.
Saying that, WMH just hit bottom of trend line, just off some support, over sold on RSI and STOCH. Looks a good entry point to me. If it can get to top of the trend line that will be a 50% increase and it can still carry on it's downward movement.

Simon Thompson’s view:
implyBiz (SBIZ) listed its shares on London’s junior market
a few months ago and, with a market value of £145m, has
slipped below the radar. It’s worth exploiting, though, as there
is a real opportunity to lock into an investment that has the potential
to deliver a 50 per cent return over the next few years, in line with
anticipated EPS growth. A shift in the IFA industry towards direct
authorisation, and the need for financial intermediaries to comply
with a raft of new legislation means that an increasing number are
seeking the services of companies such as SimplyBiz, who provide
compliance, business and technology services they need to carry out
their business. The company makes money from product providers,
too, so profits from both the ‘demand’ and ‘supply’ side. It’s a winwin
business model investors are likely to warm to.

Bull points
n New legislation driving growth.
n Market leader.
n High barriers to entry.
n Low attrition rate of clients.
n Non-cyclical revenue and profit streams.
n High recurring revenues.
n Operationally-geared.
n Highly cash-generative.
n Substantial boost to pre-tax profits from paying down borrowings.
n Progressive dividend policy.
n Low-cost bank facility to facilitate earnings-accretive bolt-on
acquisitions.
n Senior management heavily invested.
Bear points
n UK economic uncertainty.
n Liquidity.
n Risk of housing market downturn.

Tipped today by IC.

IC View
Cash conversion was a slight concern, reaching just 39 per cent last year. But management has reiterated its aim to improve this to between 60 and 65 per cent, particularly as demands on working capital normalise next year. The business still needs work, but now that a lot of the ugliness has made its way through the financial statements, we see the continued share sell-off as unjustified. Buy.

Slowly slowly ticking up.