Morning. I think the poster in question goes by the name of Tim00. He posts some very informative messages both on here and on ADVFN and seems pretty knowledgeable. I think he mentioned the investments.
I have a recollection that the guy attended the last AGM and it was brought up there (according to his post) and that the investments had not performed as well as hoped.
I hold here and LAS. I feel as though I’ve missed the boat with TGA although it still looks cheap, it’s had an incredible rise. I’m hoping the BISI catches it up and pulls LAS up with it.
From another well informed poster of ADVFN I do believe that Bisichi have been making investments (an in house fund type of equity investments) but it performed badly during the period of the previous 12 months. I’ll take of divi of between 30 and 50p. Especially if they grow it the year after too.
RE: Whatever happened to justnotworthit?5 Jan 2023 07:51
Solid numbers from Next in their Trading Statement this morning. The statement finished with cautious outlook but in this environment I wouldn’t expect anything else.
Hi Edward, Happy New Year. From your previous post are you implying that you believe that BISI will have an eps of approx 442p?? Or, have I calculated that wrong (at £10 per share)?
Well I appreciate that today was a sh*te day on the market in general but nearly 10% down on zero news (as far as PI’s are aware). The forecast divi for 2023 is 9p so this now on a foreward divi yield of 14%. It’s either a) dirt cheap or b) someone’s got wind of something…
… it looks as though Morses Club and Non Standard Finance are as good as finished. If this happens, who are IPF’s main competitors? Surely there is still a demand (to some degree) for their services??
Yes, TGA has enjoyed a far, far bigger rise than Bisichi, making BISI (if the directors make this look attractive for shareholders) look way undervalued.
The director purchases totally 500, 000 shares is ‘food for thought’. Did last weeks update have an element of ‘kitchen sinking’ in it by the new exec?? Recent events have certainly been unsettling for shareholders.