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Unfortunately I can see this heading back into the 40s range. Way undervalued but will pick up more in 40s

I said this ages ago, maybe even until FY results - equally, a damn good price to increase positions.

Indeed! Prixe movement is around the 160-170p mark recently. A few TR1 RNS with II reading down some of their pre-IPO stock. They bought in around 100p so have made a good 70% so fair play to them. But either PI or other II snapping up the shares. Strong BID spread isn't too big either!

Good news today, SP now in the 172p region, been here since 130p range. Good to see a lot of shares are in II, creating a very small free float, I have a feeling this will be around the 190p mark by DEC'18. GLA.

Suprised we are now below 60p... Again, just shows how volatile the AIM market is though.

Holding long for a breakout through 100p

Why does LSE say the price is 245p? Must be some form of glitch? Unless we've gone up 240% haha

I wouldn't say debt was 'high - but yes, they do have some debt. Net debt stands at £45.9M, profit after tax was £27.5M, Cash at end of the year is £10.1M, Total assets stand at £41M (current assets £26M), Total Liabilities stand at £73.4M (current liabilities £17M) Current Ratio = 1.52, debt/equity ratio = 1.78 (pretty high, earnings per share = 14.5p, P/E ratio = 10.7 (155.80/14.5). Final dividend was 1.9p/share (making 2.9p total dividend for the year). Dividend payments of a total of £5.5M, so Dividend payout ratio = 20% (2.9 total dividend/14.5 EPS =0.2). Here is the link to look at financials. I hope this was helpful; https://drive.google.com/file/d/1wZ2FQvhU-7suOtpUkJ3_AvC2uj2tI_Mv/view

Interesting. I still think William Hill will start a rapid store closure programme, would make sense, to start now rather than struggle when the £2 bet on FOBTs law comes in (If it is 2020). Unless they have a dominant high street position, they will most likely close the stores (If there is too much competition from other betting shops, I can't see them keeping the store there). It will be interesting to see what happens. If there, 2020 gives WHM a lot of time to start the store closure programme and invest some profits elsewhere, perhaps into the American Market. GLA if you're in here.

I agree. My first target is 180p, 20% top-slice and then at 210p take another 25%. Then leave the rest to hold, provided all continues to look good. Also, aim to re-invest the dividends if they continue to look well covered against profit and if cash flow continues to be stable. If there starts to become a large gap between profit and cash flow I'll think about sizing down my position. GLA

Hopefully! Very small free float available here. When it slows down or drops ill continue to add to it, when value is noticed this will begin to move. Its one of those 'boring but predictable' companies that keeps your portfolio well diviersed, steady and actually returns longer term shareholders well.

An unusual 5% rise today, no RNS? Hmm

Liverpool has lacked a good goalkeeper since Pepe Reina, in my eyes. Butland for either Liverpool/West Ham - It would be interesting with Pickford at Everton and Butland (if he went to Liverpool), rivalry for England No.1 and club rivalry... I don't think they will get Donnarumma, he is more than likely to go to PSG (he is only 19, could win trophies in France then go to PL in the future, still young at 24/25 perhaps) - The only way I see Liverpool getting Donnaruma, is if De Gea stays at United and PSG get Buffon. Either way, both Karius, and Mignolet need to be either sold or loaned out, perhaps to newly promoted PL clubs, it would be a good experience for them both, in my opinion.

Things aren't looking good here. Speculative optimism towards the US market has increased the SP here. Just because the Supreme Court has overturned the 1992 US legislation on gambling, classing it as "unvonsitiutional", it has instead left it to individual states to create their own rules - Yes, sport is big in America, but US states will be cautious towards the parameters they enforce due to the vast economic effect gambling *could* (most likley will) have on state economies, especially in the more economically deprived areas... We have seen first hand the corrosive effect gambling has had on the UK, more so for the socially-economic deprived people... as I speak, sat in a Weatherspoons Pub, in Abingdon, Oxfordshire a Stan James opposite is closed with a 'Let available' sign above it, additionally, to this, next door is a William Hill; one of the helpful employees has informed me that they aren't seeing as many customers as usual, and not as many people are playing the FOBTs - more so, customers are having smaller £1/£2 accumulators on the football or one or two £10 bets on the horses. The gambling commission have shower statistics that betting is by far the most popular way of gambling (Gross gambling yield by sector - against arcades, bingo, betting and casino). Additionally, to this, £2 FOBTs threshold will significantly reduce revenues, which will adversely hit profits. WMH have estimated that total net gaming revenues could fall by between 35%-42%. Which would result in around 900 shops, or 38% of the total estate resulting in loss making and being forced to close... Annual adjusted operating profit is forecast to fall between £70M - £100M. This decision regarding the £2 FOBTs appears to be politically motivated rather than practical and Public Health England are due to conduct a review into the public health effects of gambling. Furthermore, Analysts at 'Goodbody' say thay WMH are the most exposed to changes, primarily due to the fact that during the first four months of this financial year, 70% of WMH total gaming machine net revenue came from stakes made above the £2 threshold... If punters can not spin £100 on the wheel, will they a) play more, b) branch out into a different form of betting, or c) stop all together? Despite all of this, WMH is still aiming to pay out around half of its underlying earnings in dividends, as a desperate ploy to retain shareholders. Don't be deceived by this as if profits start to drastically fall that dividend will soon be slashed, alongside a good 40% of the SP. A good shorting opportunity in my opinion. GLA, stay safe, speak soon.

Greetings all - it�s been a while, I hope you�re all keeping well. Stumbled across S&U (ticker: SUU) which is essentially a credit provider, which typically charges between 12% - 18%/19% on its loans. The service they provide is primarily loans for the used car industry (the used car finance market reported to grow by 6% last year). They focus on individuals who have semi-good credit ratings, not sub-prime, but more so people who have previously missed a couple of payments on their credit cards who won�t be able to get finance from a more commercial bank. They focus on higher purchase (HP) rather than personal contract purchase (PCP) deals. Another thing that is interesting is that the finance is secured on the vehicle, so it isn�t a personal loan - that fact that its an HP agreement will mean that the �goods� (the vehicle), in principle, is hired until the payment has been settled, so the loan is essentially secured. I know there has been a lot of skepticism around this market, what with how the US is running these deals, however, 25%/30% yearly compound growth for several years can�t be ignored. They are also going into the housing market, which is a pilot project, but they expect to make around �5M + in 2/3 years. SP 32% growth in past year, and 129% growth in past 5 years. https://www.suplc.co.uk/docs/April17%20SU%20AR2018%20Index%20Linked.pdf A few things that concern me, liabilities doubled in past year, gearing is at 68%� and impairments have increased, but then again, the business this company is in is to do with loans� so you wouldn�t expect these to be low. �24M impairment appears to be the bulk and is within 3 months, but overall amounts of receivables are �262M so around 10%/12% are impaired� The business model is simple, the company looks well presented, a lot of the boardroom staff are more elderly, so I am somewhat stereotyping by assuming they will be more sensible in their decisions. Not invested yet, still need to do further research, but an area I would like to add to my portfolio.

Unlucky but at the same time the news has been very positive over the last few months. Company are still in a strong position. I imagine a drop today but I'd be surprised if it dropped like it did last year...

I can see rhis Hovering between 65p and 75p for a while. Hasn't dropped below 70p yet though which is good.

Speculation will drive this up. Have had it on watch list for a while. The wager thing looks good alongside the news around gambling in America yesterday. Additionally to this, Jim Mellon owns a large stake in the company which looks positive.

I've never understood why so many people are 'traders'... all you end up doing is giving more to the Government (stamp duty + C.G.T - unless in an ISA) not to mention the brokers cut and spread etc. Much rather a good long term hold. I suppose it's a quicker way to accumulate wealth, if you're good at it... but to me it's more of a punters game. Not criticising anyone btw.

Like to take this opportunity to congratulate everyone who has stuck with SDX for the last year. In with an average in the lower 50s. Happy to hold this long term. Like we said a while back... 'some stocks trade higher than NAV, some trade lower and some trade sideways until value is noticed and then almost overnight they can transform'. Still undervalued here but heading in the right direction. Any pull backs will be snapped up. GLA

Pretty sure I remember reading that ibn unas or whatever was the least likely and came in well... Or something like that? So I am assuming the likelihood of Kelvin is good. We still have Rabul as well don't we?