Member Info for BushyTailed

True FireAnt, you said 'ATM' I disagree but perhaps your definition of 'ATM' isn't universally understood.

Last time I looked, there wasn't much that's down circa 15% in a week

FireAnt

If you think the entire market is down YTD as much as serabi then you really are deluded.

What price today, maybe it will 10 bag on all the good news recently lol

Wow FireAnt three separate messages within 12 minutes all addressed to me. You definitely sound calm about the situation.

Of course you have a big stack of spare cash and only down a bit, you're a dreamer

Locked in and money to buy then is it Pedro?

There's been no where near enough buy volume to substantiate all the delusional ramping in here. So what is it... you got no money or you trying to dump this piece of ****?

This keeps going down and the 'bargain' keeps getting cheaper... Funny how all these mad delusional rampers won't post their buys though

Big chunks going with zero premium on the bid, bottom quote matched several times today. What price tomorrow?

Hummingbird Resources' (LON:HUM) Performance Is Even Better Than Its Earnings Suggest
BySimply Wall StPublishedJune 03, 2021
AIM:HUM
Hummingbird Resources PLC (LON:HUM) just reported healthy earnings but the stock price didn't move much. We think that investors have missed some encouraging factors underlying the profit figures.

See our latest analysis for Hummingbird Resources

earnings-and-revenue-history
AIM:HUM Earnings and Revenue History June 3rd 2021
Zooming In On Hummingbird Resources' Earnings
As finance nerds would already know, the accrual ratio from cashflow is a key measure for assessing how well a company's free cash flow (FCF) matches its profit. To get the accrual ratio we first subtract FCF from profit for a period, and then divide that number by the average operating assets for the period. The ratio shows us how much a company's profit exceeds its FCF.

That means a negative accrual ratio is a good thing, because it shows that the company is bringing in more free cash flow than its profit would suggest. That is not intended to imply we should worry about a positive accrual ratio, but it's worth noting where the accrual ratio is rather high. Notably, there is some academic evidence that suggests that a high accrual ratio is a bad sign for near-term profits, generally speaking.

Hummingbird Resources has an accrual ratio of -0.13 for the year to December 2020. That implies it has good cash conversion, and implies that its free cash flow solidly exceeded its profit last year. Indeed, in the last twelve months it reported free cash flow of US$46m, well over the US$19.0m it reported in profit. Hummingbird Resources shareholders are no doubt pleased that free cash flow improved over the last twelve months. Notably, the company has issued new shares, thus diluting existing shareholders and reducing their share of future earnings.

That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.

One essential aspect of assessing earnings quality is to look at how much a company is diluting shareholders. Hummingbird Resources expanded the number of shares on issue by 11% over the last year. As a result, its net income is now split between a greater number of shares. Per share metrics like EPS help us understand how much actual shareholders are benefitting from the company's profits, while the net income level gives us a better view of the company's absolute size. Check out Hummingbird Resources' historical EPS growth by clicking on this link.

How Is Dilution Impacting Hummingbird Resources' Earnings Per Share? (EPS)
Three years ago, Hummingbird Resources lost money. The good news is that profit was up 243% in the last twelve months.

You said it swampy Risk analysis is key... Buying at 70% of book value is about as risk free as you can get too.

If hum closed the doors tomorrow, sold everything off, it would not only exceed the value of the mcap but will be paid directly to shareholders in the absence of creditors and anyone in at that this price could expect a circa 20% profit from such a fire sale.

Typical troll behaviour Shareminator.

Purposefully and totally miss the point to take the conversation off into a different direction with double speak. Those who can count actually sleep well enough at night, knowing that HUM is quite literally hacking it up. They'll eventually be posting like they've always held or they'll end up doing one as the obvious transpires into SP growth.

I'm a retired city veteran and HUM is by no means a first unresearched punt.. finding unloved miss-priced gems is my specialty and i've it done for years. Calling out the multi account little shysters out for what they actually are whilst we wait, is rather amusing though.

Cheers Chri55 and good luck with yours too, seeya fella

Let us all know when you've bought then Metal head, as it's obviously such a gilt hedged opportunity

Rule 19 of the Alternative Investment Market is very clear on the matter.

https://www.londonstockexchange.com › ...PDF
Web results
AIM Rules for Companies - London Stock Exchange

Deluded Metal head,

I'd do more research if I was you.

Here fishy fishy.. how's your SRB going

You holding now Adam, honestly can't tell lol. What a difference a coup makes to the fundamentals eh?

You absolute womble, still one less walter out there thinking they can control an offer with BB rhetoric at least.

You're looking at the wrong srb board, try the moderated one where trader is banned from and the sensible long term contributors post too. Multiple LTH's had enough with the bod and not one of them trader. Even Boris has gone cold over there now.

Researching isn't the strong suit of the remainers here is it, crikey. Turn the lights out

Non issue... Yeah alright, The BODS been asleep at the wheel. If you believe their hands have been tied with regards to not getting out to Brazil to resolve these issues then you're insane and totally detached from reality.

BOD needs to go from here it's nothing short of outrageous. ADVFN makes some interesting reading today, lots of people starting to see the light here now.

You are mistaken Metalhead, the extension granted here was covid last year followed by an extention from the canadian exchange this year...I'm afraid if you don't file on time for the LSE, you get suspended.

New low again today though so you might be right ;-P

That's not what I asked Mr Self Invest