Member Info for BoringBernie

We've been told revenue will be ~ £3.95 million for H1 Profit's trickier, I'd guess "Underlying operating profit" will be between 350 and 600k with a best estimate of 450k. BB

"Crossed 17%" is what they reported in their last RNS too The number of shares has changed marginally but there was no need to notify. Sounds like an admin bod at Downing has been a bit overzealous :) BB

Yea, not a huge amount ( ~ £50k ? ) but they should be in a better position to judge any long-term value than we are. I'd say we now have a position where the vast majority of those who wanted to concentrate on Fruitflow have sold up and gone now, so it's up to the BoD to show the way forward with results. Happy to hold these for the medium term, unless of course the sp gets overexcited again :) BB

Alf -- Isn't NMS calculated as something like 2 or 3% of the average daily volume over some timescale ( 3 months ) ? Anyway, it doesn't normally come into play and is the worst case scenario. There's normally someone who's happy to buy or sell multiples of the NMS Yankie -------- I'm afraid I know nowt about Desire, or, looking at your posts over there, much about your other holdings. Commiserations on your losses, the market's a tough place to do your learning. Re. SiS - I recently bought back in so I'm fairly positive, but it's highly unlikely to make you rich or recover your losses from elsewhere. You asked over on the DES board "... so can at least get some of my losses back!! so any tips on what i can do? thx invance would be very much appreciated" I'd say :- 1. Try to wipe the losses from your mind and treat your investments as if you'd just bought them, or are thinking about buying them. 2. Be realistic. If you think some of your holdings are dogs then find better companies to invest in and sell the dogs 3. Don't try and get rich quick, chances are you'll lose more money. Lower your sights and aim for a decent annualised return and you'll have a much better chance to hitting any targets. 4. Take no notice whatsoever of share tips by geniuses on Bulletin Boards. If any of us were that good at it why would we be posting ?.Always DYOR. 5. Finally, if you keep on losing money, year after year then, unless it's a hobby which you enjoy, stick your cash under the mattress or find a really good fund manager or just buy index trackers. BB

Actually, according to http://tools.morningstar.co.uk/uk/stockprofile/default.aspx?LanguageId=en-GB&SecurityToken=0P0000ZA4A]3]0]E0WWE$$ALL&Id=0P0000ZA4A&ClientFund=0&BaseCurrencyId=GBP&InvestmentType=E0 ... the Normal Market Size is 1200 shares

Yankie Honesty's right. There shouldn't be a problem, I just got quoted 68p to sell 5000 shares. I don't know what the NMS is for SIS so if you've got 10's of thousands it might be an issue so you could always try getting a quote for a smaller number of shares. BB

"Not easy to farm out given the strictness of control necessary, but there will be such specialists somewhere I guess" Don't forget that it's not that long ago that the gels were contracted out and we decided to take that in house. I forget what it is, but there's something which is still contracted out. Anyway, the expertise is out there. I guess the main issue is, that any expansion into the States could well need extra capacity and would you keep that in the UK, where the expertise is, and deal with the shipping logistics or set up a facility over the Atlantic ? Short to medium term I'd guess they'd use Nelson, there's space for expansion there, so long as the factory doesn't bloody sink anyway ! Lots of small caps talk to analysts by the way. In itself, it doesn't mean much. What matters is what the analysts think of what they've been told. Note for Route1 : Placings aren't necessarily evil. They're only evil if they're heavily discounted and aren't seen as ( potentially ) adding anything to the balance sheet. BB

"i am sure the bod will be working on their first of many placings ,issue of share options,increase in wages ... " You've just described how the market works for small to mid-caps, and especially AIM. There are exceptions where management and shareholders aims are neatly aligned but they tend to be the exception. If you've only just learnt that, then welcome to the real world. BB BB

"Suggests to me that there isnt much free float" True that. I bought back in on Friday and struggled to get an automatic price on anything above ~ 2500 shares. BB

Defo not me :) I thought about it when it was in the low 60's but never pressed the Buy button. BB

Route1 What a shame you couldn't be bothered coming up with a coherent argument. Do you have any feeling for the possible return on capital associated with hiring Cavendish, or not ? BB

I'm not sure that having Cavendish on board is going to sway peoples judgement that much. He's got, what was when announced, about 100k's worth of shares plus whatever he gets paid in cash, so probably 150 to 200k in total ? At a gross margin of ~60% that means SiS have to sell roughly 250 to 350k's worth of goods based on the Cavendish name over the three year contract to breakeven, or say 100k / year on average. Cavendish is, as you say, well recognised, so that looks eminently achievable, but isn't really something which is likely to make much difference over the next 12 months. Come Rio 2016 it could be a very smart move though if there are products with the Cavendish name on them in some shape or form. But, that's medium to long term. Those who have bought into SiS as a medium to long term investment probably don't waste time on Bulletin Boards. Others ( like myself ) have it on their watch lists but don't yet see huge value in the sp and the momentum traders will be waiting for something to kick the sp into life BB

"you are trading swings and looking for an entry." Blimey, who rattled your cage ? It's only been listed a few weeks and it overheated so I sold. For sure, if it looks like there's value here I'll buy back in, but if not and it soars again, then good luck to all and all holders. I've had some companies in my portfolio for years and years, not because they're dogs though like, but because they keep on growing and delivering. SiS might be another one. If it is, great. If not, I'd sell it. Relax a little and go and spend some time with your son. How long's he over for anyway ? btw : CGT ? Errr, have you heard of SIPPs at all :) BB o/t COYB "Are you watching David Moyes ?" ringing out around Goodison was boss

Excellent sales growth bodes well for the medium to long term. Profit "in line with management expectations" means they're expecting to post a pre-tax loss ( and probably an increased underlying operating profit ). No real surprises in either of those, so it's quiet here. If they'd been more bullish on the profit side then I'm sure the MM's would have pushed the sp up and there'd have been more interest shown. There might be more interest once the financial press pick up on the news. For the moment I'd say this is on a tad on the high side of fairly valued. BB

... than it is over on iii ( interactive investor ). Goodwin's more than doubled in 12 months and none of the traders care. Long may it continue :) BB

Good post, recommended. Harpin "only" needs to have bought ~150,000 shares to cross 6%. If there's no RNS by end of play on Tuesday then I'd say most of the large buys havn't been him, which is no bad thing actually. It means there are probably quite a few people with deep pockets picking up shares. Mind you, some of them could be momentum traders too. BB

Are we sure that's a buy ? Sells, including mine, we're going through in the 90's that morning. Did the sp drop enough to make the trade defo a buy ? I don't renember. My gut instinct is it's a buy and it's around 0.5% of the company so there's a fair chance it'll contribute to a holdings RNS within 5 ( ? ) days, so it might be crystal clear soon. BB

Sorry, I should have said, these became available on CompanyCheck last week but today's the first time I've had access to a pdf reader for a while BB

I know, I know, accounts are dull and soooooo last year but ... For anyone that's interested I've put a copy of the Accounts at http://dl.dropboxusercontent.com/u/96035648/SIS/Accounts-02742833.pdf. On a quick glance through, about the only thing that hasn't already been seen in the old group's accounts is the fact that the highest paid SIS director ( Moon in other words ) was paid 88k, which sounds about right because his total pay for the full group was ~200k. BB

Fair enough lad. Have you reinvested in PXS yet. I vaguely remember you telling someone ( Moffatt ? ) that you were waiting to see if it dropped any further ? Good luck however you play it BB