Member Info for Choppers

MC = £22m, Elephant & Castle hostel (under development) alone has an MV of £26.8m. I know REITs tend to trade at a discount to NAV but even so.....

An increasing amount of things to be positive here, not least the removal of the threat of a Corbyn government. Whilst I don't think there was necessarily a direct threat to Fulcrum, by association of utilities nationalisation I think we suffered. Looking forward to a healthy update. 2020 could be a really good year here. GLA

Me too sadly, will be back probably at less the way things are going, but happy to wait for news and if its good am happy to pay more. Just cant sit by and watch the fall whilst holding and no news continues.

This article is now 6 months old and its worth taking a moment to read and consider the progress that has been made since.

'Around 150,000 people play Football Manager on a typical day, spending an average of four hours in the game per day. According to Bidstack, this generates around 25m potential impressions per day, giving the game an advertising inventory worth over £100m per year.'

https://www.valuethemarkets.com/2019/04/12/we-aim-to-become-the-biggest-video-game-advertising-media-owner-in-the-world-bidstacks-ceo-james-draper-discusses-his-firms-once-in-a-lifetime-op/

Yep... here it comes!

If we can follow this up with a positive trading update - and no reason to expect anything otherwise - plus a new CEO this will hopefully return quite quickly to the mid 40’s and hopefully push on from there.

Sorry I meant Billion.....!! £240bn. Just let that sink in...

FT headline two days ago 'UK faces £240m bill for electric vehicle charging points...' can't have done any harm! Fulcrum well positioned to service that....
https://www.ft.com/content/9cba0522-f564-11e9-b018-3ef8794b17c6

Anyone going to Sheffield today?

H1 not Q3... apologies.

Most significantly, I went back through all RNS's last night and Vox podcast interviews as far as March and at no point has JD not delivered on anything he has said he would. I certainly couldn't find claims made on Twitter by TW that the had predicted revenues of c.£1.75m in Q3, so although I haven't read it, immediately distrust anything other claim made by share prophets (although don't entirely discredit them as warnings have proved true in the past, mostly in O&G sector though, which is so much easier to see through)
Anecdotally, I noticed on Linkedin a while ago an old school pal (himself a CEO of a midsize advertising and communications consultancy) is linked directly with JD, and vouches for him personally. Furthermore, by coincidence I noticed a colleague had 'liked' the post by JD on Linkedin announcing the appointment of Rob Dembitz. When I quizzed him it transpires RD is a personal friend of 20+ years. Whatever the guy touches turns to gold and my colleague believes him to be very very excited about the future for Bidstack.
So whilst I'm just an anonymous name on a BB, and you can take it with a pinch of salt or not, the first comment is fact and the latter are good enough for me to hold, ignore the waffle and add when I can.
Just my pennies worth.

market doesn't seem too bothered, unlike when the CFO left and the bum fell out.

2019 revenue expectation is £5.9m. JD seems pretty confident they are on course for that so they must have made some inroads into that through Q3 and therefore enough visibility to make that statement. Really I'm more interested in where this will be Q4 2021... (when the kids will be tapping into the bank of dad for uni fees) hopefully a long long way north of here.
On a side note every time FickleInvestor pops up so does the share price.

Indeed. Value bought £1m, value sold £12k. If that was reversed we’d be down 30%!
It’ll all come out in the wash but something is afoot and soon we’ll be well north of 30p I’m sure.

As jl says 'hold firm'. Some meaty buys today. This is a good company that is currently under valued.

Just a pretty video, but worth a watch https://www.fulcrumutilityserviceslimited.co.uk/results-centre/2019

Would have liked to see further uptick this morning , but feeling confident regardless. Just be wary of the near 6% fall coming on 3/10 when it goes ex div.

Really positive results, albeit with what is now a standard Brexit clause. Lets see a return to levels at the turn of the year before nerves surrounding the accounting set in. 6% Final divi yield suits me nicely too.

The government announced yesterday that they are delaying the deadline for the nationwide roll out to 2024 from 2020. Apparently the older smart meters don't cope well if a customer changes supplier and the new and improved units are in short supply. Google or BBC news will provide you with the detail. The roll out will continue so the work isn't disappearing it seems just a recognition of the scale of the task I think. Can't comment on the impact on Fulcrum.

Fall today possibly a result of the smart meter delay announcement.

Errr yes and they have bought 5.21% (unless I’ve misread which is possible as looking on phone), 5.21% is £2.9+ change, so rounded is about £3m....