Member Info for alfista

Would you say there was an element of risk here? The company is chronically short of funds to progress, if their main competitors know that, then is there a chance that they would acquire at much less than NAV. After all, the assets are not easily disposable except to a chosen few. Just a balance to the enthusiastic posts seeing no downside. ATB

There is a buyer recently, adding slowly so it doesnt surge up. The publication of results is due next month, lets hope that provides the trigger for more rises. The fall is sp was never the fault of the company, it was caused when the newly merged Lloyds/HBOS decided to rationalise their funds, causing them to dispose of TMMG holdings along with several other AIM shares. Clearly that overhang has been absorbed now, as quite modest trades move the ASK up quickly. Several director buys have helped too, they clearly have great faith in the direction of the company. If they reduce debt at the current rate, it is likely that they could pay divis in a couple of years, which would be a huge boost to the sp and put it in an entirely different trading range IMHO

Very good RNS, progress being made, the rise is reflecting this. If they get this right, there is massive upside here IMHO

Rising very well, as it should on such solid achievements IMHO

Further success, debts paid down, all good IMHO http://www.investegate.co.uk/Article.aspx?id=201201260700161964W

Director buys are a very good sign. I dont think they have any broker coverage at present, but the progress in expanding whilst still paying down debt is building good value here, the market has to reflect that eventually. An upside of two to three times current sp is realistic IMHO

Director buys are always a good sign of confidence in the future. However, the stated purchase price is a bit of a puzzle, as there is no trade of that size at 14p listed, in fact trades at that price would have been listed as Sells. Nevertheless, the timing is good as it is well before the March results, which will hopefully reflect more growth and reduction of borrowings. GLA

Very significant progress here this year, got them salted away as a long term hold. Tungsten is very rare, and a European supply will find a ready market IMHO http://www.investegate.co.uk/Article.aspx?id=201112130700178210T

Director buys http://www.investegate.co.uk/Article.aspx?id=201111211617284845S

It is quite a serious expansion this time. they are taking advantage of their strong position to acquire existing opportunities. By broadening the field of expertise and applying proven profitable techniques they are growing the group well. I just wish they would do some more promoting work for themselves, all the groundwork is in place for this to become a major in the sector. ATB

Expansion. http://www.investegate.co.uk/Article.aspx?id=201111070700265676R

Maiden profits! http://www.investegate.co.uk/Article.aspx?id=201110100700128147P

In fact we have enjoyed a strong rise over the past few months, as the cash raising was absorbed and the results of the company turned around. I added substatially around the 10p mark and am very happy with the gain so far. The market has been harsh for a while now, hopefully when it turns up a bit we will see something realistic as a sp here. I certainly think that it should continue to gain and hope you start to see some profit here before too much longer. ATB

Very nice to see that the core patient investors are seeing a good reward here. An excellent turnaround from loss to strong profit on a comparison with same period last year. All good.

Nice early rise on the back of the strong results, still masses of upside here IMHO as they continue to pay down debt and grow the business. Very well run company, the sp suffered early this year but has continued to recover through a tough market period. GLA

Very strong results. http://www.investegate.co.uk/Article.aspx?id=201109300700202267P To grow business and profits, and to reduce debt at an accellerated rate, in this economic climate, is exceptional IMHO

Fair enough, both sides of the argument have been stated, time will be the judge I guess. Keep watching as it interests me, growth funding is so hard in this period, can they buck the trend?

Not concerned about the halving of cash reserves so soon after the emergency placing? Losses doubled, cash halved, that provides clear evidence that the CEO's paycut was enforced as a condition of receiving placing funds. Long term maybe, short term high risk of further funding being needed, expecially since they said that they must have a minimum amount in order to be able to tender. Risk is there, each to their own IMHO, DYOR of course

http://www.investegate.co.uk/Article.aspx?id=201109200700105305O

EBITDA is Earnings Before Interest,Tax,Depreciation and Amortisation PBT is Profit Before Tax P/CF isnt an accounting abbreviation, where have you seen it?