Member Info for Babbler2

saying that their MCAP is 166.24m? Not sure... see what happens. £1.50 year high.

PPS - Was looking at the one which was cross tipped on Naut yesterday. Does look interesting imo - RMS. Think it was mentioned here after last rns? in the news reports?

PS - My target there is over 10p.

No worries.. didn't see your post yesterday. Did you buy & sell it?

Makes me laugh some sells towards close at a loss when news is due soon on he sale there. And cash rich (over $10m). Sale will be at circa $10m imo - if lower it will still be at same price as MCAP imvho. Risky (low ff etc so hard to trade) but... be in before RNS imo dyor etc etc.

7.5x last years EBITDA?

The Group has demonstrated strong growth during FY18 and expects to report adjusted EBITDA of approximately £7.5 million for the 12 month period (FY17: £1.0 million).

Certainly looks good:
"it expects 2019 to be another year of significant growth. "

Look at the growth in one stock this morning (FFX)
The Group has demonstrated strong growth during FY18 and expects to report adjusted EBITDA of approximately £7.5 million for the 12 month period (FY17: £1.0 million). "it expects 2019 to be another year of significant growth. "

The Group was able to deliver substantially improved profitability and cash generation in Q4 2018 and will provide more information in the preliminary results, which are expected to be published in April 2019. The improved Q4 2018 financial performance leads the Board to expect that the Group will be EBITDA positive in 2019.

but cash may be needed soon?

Gross cash on the balance sheet at 31 December 2018 was £0.6 million (2017: £0.2 million).

Morning - ah - too early for me!

Im still in... imo - for the sale... when it will BOOM past 10p. CASH is currently almost 3x mcap alone.

MTPH Ramped yesterday: the Company has very limited cash to enable it to continue as a going concern
Fish and chips might move up 1 or 2 %
NUOG Bounce perhaps.
UJO Etc extended.
CTEA nice - but no money involved?
DEMG: The Group was able to deliver substantially improved profitability and cash generation in Q4 2018 and will provide more information in the preliminary results
KEFI - Might actually move for a change? Up... lol.

Morning all - looks like those ramping MTPH from here yesterday are in for some pain today - if they still hold that is:

"the Company has very limited cash to enable it to continue as a going concern" (MTPH).

Morning... is he still in? Braver man than me!

Then again Im in NAUT! lol.

FRR dead - well gone private anyway... may do better that way! (or were no nomads interested?).

ZOO - Should have held for 30% (possibly more today)... took 10% whist seeing all my "predictions" come true there... meh. Thought Id learned to listen to myself more! :D

GL Today!

OppenheimerFunds doubled their holdings. Nice... Why did I sell... bad mistake and lost elsewhere since. Hey ho... can't win em all!

Not a p and D then...

Looks like on the books value is around $10m - probably mis-reading it. Only 2.4x the mcap then (just for this?). + circa $14m cash?

£3m mcap.

From results:
"This preservation of its liquidity and capital resources should continue to attract acquisition and merger opportunities that will benefit from its current asset base along with its established management team and business processes.Careful evaluation of these opportunities will allow the Group to identify the prospects which offer operating activities which can be combined with our existing assets and management team to create revenue growth potential and lead to increased value for our shareholders."

Bought another just under £1k.Going to sit back relax and wait for sale now. GL.

its a good company. Debt free by march which is a rarity. Will watch closely. Any placing shares left to flip will be gone soon.

hopefully its put a smile on your face. I nearly got in at 36 but didn't - good for you imo ;)

someone definitely loading up here... nice for all holders :)

It only took them 2 months to sell LLanos back in 2014 - $50m cash?

The disposal of the Llanos Assets was effected by the sale of the entire issued share capital of the Company's wholly owned subsidiary, Colombia Energy Development Company ("CEDCO") to the Purchaser (the "Transaction").  CEDCO held only the assets and liabilities relating to the Llanos Assets. The gross consideration for the sale of the Llanos Assets was US$50 million in cash, net of approximately US$1.0 million, adjusted for CEDCO operating income received and capital expenditures spent by Global during the period between the effective date, which for the purposes of the Transaction was set at 1 August 2014, and the closing date