Member Info for dasv

I find it hard to value loss-making companies like SIT - I mean I don't know how one is supposed to determine if the market cap matches the results with a negative EPS. SIT says they will make $60-$80m revenue - i.e. about £30-40m. Their market cap is £77m. They lost £6m in the year ending 30/6/06 admittedly on a turnover of only £600k. So what do you do extrapolate the graph of revenue, and hope costs do not rise proportionally? Typically electronic technology depreciates with time - how long before copyright-exempt china clones what they are doing and wipes them out with cheaper equivalent products? I am seriously considering investing here, but having missed the boat on this one over the past 8 months, would appreciate some advice from those that have an opinion on SIT and other "green-shoot" stocks. So how do you guys work out if the share is good value or not

Thanks for tip chan - appreciated.

Datacash FY pretax up on 'high profile' contract wins, sales growth UPDATE (Adds details from statement) LONDON (Thomson Financial) - Datacash Group PLC said full-year pretax profit increased on "high profile" contract wins and strong revenue growth, and added that it looks forward to an interesting and exciting year in 2007. The AIM-listed payment service provider posted pretax profit of 1.6 mln stg for the year to Dec 31 against 45,000 stg, while revenues increased to 16.4 mln stg against 6.1 mln stg. It said it was adversely impacted by the Safe Ports Act in the US, which forced it to withdraw from processing gaming related payments towards the end of the year, and this, it said will impact growth in 2007 but is also providing added impetus to development plans. The board also proposed a 33 pct increase in final dividend to 1 pence a share. It added Proc-Cyber Services Ltd (PCS), which it acquired and is now called DataCash Services Ltd, had an excellent year and contributed significantly to its earnings. It said the non-US related revenues grew strongly throughout 2006, and with additional marketing focus being applied it expects even faster growth from this area in 2007. It added 2007 will be an interesting and exciting year for the group and it is confident of robust and sustainable, cash-generative growth.

looks like another byotrol to me - got my fingers burnt there, so won't be dabbling in this sector...

for what its worth the advfn consensus is that those traders with account trades are closing their positions in the black while they still can. The drop presents a buying opportunity in my opinion (for what that's worth too!).

from the 15th Jan 07 Ambrian note : top picks for 2007 SOLA has had an extremely successful start to its life as a listed company (its sp has gone from 90p to 475p). Its ability to recycle scrap silicon as a feedstock for its mono-crystalline wafers (sold to solar module manufacturers) has given the company a significant competitive advantage in terms of security of supply and cost in a market constrained by global production of polysilicon. We decreased our recommendation down to a HOLD on 6 Dec 06 following a share price run which doubled the value of the company, bringing it over £400m. We downgraded as we believed the share price was well up with events, esp considering that it had only reported two (un-audited) quarters of growth to the UK market and was only forecast to record profits of USD 24m for FY06. We do, however, believe the company has the potential, if expectations are achieved, to make over USD 73m of profits in FY07 and, therefore, once full year results confirm the story at ReneSola, we would expect to upgrade our recommendation again and look to a year-end price target of 900p

rnrg - I am holding and will continue to hold. However I respect Davius's decision to take profit. If you read this thread you will see he bought intelligently on recent price weakness, and you will also note the volatility this share has experienced due to amongst other things shorting from speculators and hedge funds. I would not be surprised that when the price weakens after profit taking Davius may well buy back in...

we've hit 530

fortunately for me my sola holding is 5x times the size of my smc holdings, but i know what you mean. wish i'd taken profit on smc when it spiked now :(

can't trade this on selftrade and left tdw account no at home. broken 7 now - this is flying. well done you guys.

indeed - looks like it has!

http://today.reuters.co.uk/news/articleinvesting.aspx?type=personalFinanceNews&storyid=2007-04-11T062750Z_01_NOA123010_RTRUKOC_0_BRITAIN-HOUSES.xml&src=nl_ukperesonalfinance

looks to me like a trading range with a support at 4.8 of and profit taking at 6.1. Fresh news may break out of this, otherwise buy at sub 4.9.

well done STOCKSPY, hope to hear from you again...

then again look at the figures. Lost 5.6m on a revenue of 927k market cap according to selftrade 8.27m!!. Although appalling, these are way better than Earthport's (EPO) figures. Although EPO is in OLTP and this is property, it does demonstrate the respective growth directions of these companies... NLX are claiming the property market has weakened - try telling that to SVS and HUM.

Glue -see RNS post below - even the PR company's had enough! However this is exactly the sort of situation where it's sometimes possible to pick up stock well under value. Probably worth setting a mental buy-in point and waiting for an upturn. If there was a wait Opinion in the sell/hold/buy drop-down I'd say this is a "Wait".

Have you seen this RNS? Not often an entire board walks out! Ex-CEO trying to appoint a new board including his brother(?):- LONDON (AFX) - Property development and investment company Northern Lynx PLC said Andrew Lazare, the company's former chief executive and largest shareholder with a stake of 47.2 pct, has called for the removal of the company's current chairman David Wilson, and chief executive Charles Caton. Given the size of Lazare's shareholding and his relationship with other major shareholders, the company said it is very likely that when these proposals are put to shareholders at the company's AGM on May 4, they will be successful. Lazare is also seeking the appointment to the board of Johnny Cohen, Warren Bomsztyk and Robert Lazare. In reaction, Northern Lynx said it has today received letters of resignation from Strand Partners Limited as Nomad to the company and from Keith, Bayley, Rogers & Co Limited ('KBR') as corporate broker to the company and and Cardew Group as PR advisers to the company. All these resignations will take effect from May 4. In addition, Northern Lynx said the only remaining director Lazare is not proposing removing, Alison Tumilty, has resigned as the company's chief operating officer and finance director. Her resignation will also take effect from May 4.

that's just bad luck cyberbub. trying to time the wave is hard when you are not glued to the screen. I think you should hang in there - this company will rebound given time.

Bad luck Davius- At least you have a t20 at a reasonable price. This stock has been viciously talked down by de-rampers in recent weeks, so it does look good value right now in my opinion. Of course it's so volatile just about anything could happen short term, but it's a good bet for the mid term I believe. In all likelihood, your t20 will come good too.... Yesterday may be proof that the shorters have closed and the damage from the CBA hedging has subsided.

a stop's a good call - nice one.