Member Info for Babbler2

where will it stop?

I bet ppl reading shares mag are laughing... todays article - doh! Trading updates may not explicitly state there is a profit downgrade to come, so you must read between the lines and make a judgement as to whether earnings are going to miss market expectations. For example, Thorntons’ trading update (3 May) did not talk about profits but it was obviously a warning, as a like-forlike sales decline had got materially worse in its third quarter. Full-year results from Parseq (PSQ:AIM) were arguably a thinlydisguised profit warning for 2011 (7 Apr). Buried within the outlook statement was a huge red flag over future earnings. Having said the first quarter of its new financial year was ‘broadly’ in line with expectations and that the company was positive on the full-year. Parseq added: ‘This does, however, require a step change in the level of new sales, which is supported by the present level of prospects, but is dependent upon clients making timely buying and implementation decisions.’ Ouch. Having already blamed contract delays for forcing a profit warning on 20 January, to flag it up again certainly showed Parseq’s vulnerability. This makes it a prime candidate for another profit warning in the near future.

and kicking myself for not averaging down here!!! :|

Last years results: · Total Revenues of £16.45m (2009: £10.17m) · Operating profit of £1.4m (2009: £2.3m) · Normalised Profit from operations of £3.7m (2009: £2.9m)* · Net debt of £4.2m (2009: £6.3m) Todays share price - 5p (for ease of calcs) Shares in issue: 437.31 million = MCap of 21.86 million. New "multi-million pound contract" signed. So should help a lot. Need to know exact figure and profits but can assume that last years 3.7 million profit will be blown out the water hopefully! Before contract announced expected revenues were 26.3 million (10 million more than last year) - so now 30 Million? Or more? 26.3 million = 6p ish a share. 30 million = 7p ish a share. Conservative estimates - though Im sure Im not getting it right. Just a first calculation. I am tired today...

About time this move back up - shame I didnt have money to top up around 4p! :|

Great news: http://www.bbc.co.uk/news/uk-politics-13438420 Work on Trident nuclear renewal to get go ahead The renewal of Trident has major financial and political implications Continue reading the main story Related Stories Trident move 'shows Lib Dem sway' Trident timetable 'could change' The defence secretary is to give the go-ahead for initial work to begin on the replacement of Britain's Trident nuclear deterrent. In a statement later, Liam Fox will approve the first stage of research and design for replacing existing submarines. The issue has been the subject of tension within the coalition. The Lib Dems, which support a cheaper alternative, want the final decision delayed until after the next election. But most Tory MPs want the government to proceed immediately, urging a clear signal of the UK's determination to maintain an independent nuclear deterrent. 'Insurance policy' The coalition had earlier indicated it would delay the "main gate" decision on replacing the UK's four Vanguard submarines until after May 2015 - a move widely seen as easing tensions with the Lib Dems. But Dr Fox will give the green light to the "initial gate" phase, which will mean ordering the specialised steel to build the submarines and designing new nuclear reactors. The BBC understands that the "initial gate" decision will cost about £3bn - a significant proportion of the end cost of the submarines currently estimated at around £20bn. Asked about the issue at Prime Minister's Questions by pro-nuclear Tory MP Julian Lewis, David Cameron said he backed renewal of Trident as it was the "ultimate insurance policy against blackmail or attacks by other countries". The prime minister said the government's policy on Trident was "absolutely clear" and he hoped to "elevate" the issue beyond party political debate and get the support of the opposition for the move.

No kidding...

U.S. slaps new fine on BAE over defence exports LONDON (Reuters) - Defence contractor BAE Systems has agreed to pay additional fines of up to $79 million (48 million pounds) for flouting U.S. regulations governing the export of sensitive military hardware.<br />BAE, Europe's biggest defence company and a major supplier to the U.S. military, said on Tuesday that the latest penalties formed part of a civil settlement with the U.S. Department of State.

May drop today: http://news.stv.tv/business/249984-us-slaps-new-fine-on-bae-over-defence-exports/ "The company looks forward to working with the State Department to ensure that it continues to make progress towards achieving its goal as being as widely recognised for responsible conduct as it is for high quality products and advanced technologies," BAE Chairman Dick Oliver said in a statement. Early last year BAE revealed it would pay around $450 million in fines in the United States and Britain following long-running corruption investigations on both sides of the Atlantic into defence deals in Saudi Arabia, Tanzania, Sweden, the Czech Republic and Hungary. BAE said on Tuesday that the latest fine would be payable over three years and that it would be able to reduce it by up to $10 million to offset the cost of improved export control compliance measures.

Mission Capital PLC ("the Company") today announces that 1,351,602,603 of its ordinary shares have been readmitted to trading on the AIM market of the London Stock Exchange under the ticker symbol "MCAP" with first dealings expected to commence at 8.00am today. The readmission to AIM follows the Company's acquisition of the whole of the issued share capital of Quindell Limited, a reselling and sales outsourcing company with expertise in technology, telecoms, utilities, leisure and retail, which the Directors believe has significant potential for growth. On readmission, Mission Capital will have a market capitalisation of £33.32 million and an implied share price of 2.47p. What price will the shares open at? Implied value of 2.4p - if they open at close price that would imply a large uplift...

Thought Id say goodby to premium in premium. Planning on cancelling. Not worth the money imo. Thanks moosh/osaki/boredmum for the chats/tips/advice/banter. Enjoyed it. May come back but cant justify it at the moment. Looking for a level 2 so money would go to that. And LSE unreliable of late and admin didnt reply to my email yet. Will stick around in premium til Monday then its buy buy sash...

Note the bit about defence shares... could turn. As for divis - 1st June this year it will be paid - and october. Thoise dates were last years :): LONDON, May 12 (Reuters) - A rout in commodity prices triggered by a glo omy view of global economic growth pummelled mining and energy stocks on Thursday, which led a broad-based fall in Britain's top share index. Oil fell to below $111 per barrel, after dropping more than 5 percent on Wednesday. Base and precious metals also slid and equities followed suit as worries about the global growth outlook intensified. 'Growth indicators have been disappointing, it looks like there will be tighter monetary policy and QE 2 (a second round of quantitative easing) is coming off which has led to a rotation into defensive stocks from more cyclical stocks,' Ronan Carr, European analyst at Morgan Stanley said. By 1127 GMT the FTSE 100 was down 75.63 points or 1.3 percent at 5,900.37 after it fell 0.7 percent to close at 5,976.00 on Wednesday. The index is down 2.8 percent in May, its sharpest monthly fall since last July.

News can come anytime in the 2 month timeframe - ending end of May. If we dont here by then Id be worried that Due Dilligence failed...

Your guess as good as mine. Next news will see this one rising to 6+ again hopefully. Wish I had funds...

I can highly recommend getting back into this share now. All warrents have been excercised. Long term holders confirmed in latest RNS. Directors increasing holdings. Better than expected gold find. All indicates to a great undervalued share at the moment imo. :) GLA. ps - dyor ;)

Thought Id venture to premium share seeing as Im paying for it! lol. I saw the SOLO RNS and thought Id buy in - but then read some negetive posts on ADVFN which stopped me buying at 0.5p. I am now well and truly annoyed as I should have followed my gut instinct. NTOG is now one Im hoping will be a breakthrough share in near future. Lots of potential there. And CNR of course! I know what you mean though... still time to get into CNR early before news (if you prefer safe bets to NTOG). 9p should be the floor now.

lol - yup. The fun of writing things on a mobile... ;)

...to the economy outlined here: http://www.oxfordeconomics.com/free/pdfs/BAE_Systems_Economic_Contribution.pdf

3 RNSs today - major interest in shares. Looks interesting... research time.

RNS out - major interest in shares. Should see a rise. Maybe rumours are true...