Member Info for davydoo

Surely that's known and in the price? Only *not* receiving the cash would have an impact, causing a fall

The painful medicine this firm needs is to stop retaining so much interest on its client cash. Its client's cash after all. But right now that is the only thing keeping them profitable.

These numbers have essentially flipped in 2.5 years . Cash now c. 1.5x mkt cap

That should trigger a lot of shareholding disclosures, as it will generate 1% moves for anyone holding 3-5%

The company puts out no news, no trading updates, all year, then announces a NED resignation with 10 days notice. Surely you make it longer, even if for just how it looks.

Surely they should be buying their own shares at this level of discount

What pensioner goes from the high risk of investing in a single stock for its dividend yield, to the security of an annuity and loss of capital?

Looks Like Pollen Street capital bidding for Matiloi Woods is the trigger here. Makes sense they would then wrap this into to it too. But does that represent a risk of delisting rather than making a high bid?

They're paying to provide Snoop with scale? Snoop should be paying them!

Not a huge free float given the size of the expected buyback

Broadly I agree, but in 6 months the EV has to be £3m, in 12 months at least £4m, and so on. This is cash that is being spent, and if it's not spent in ways that increase the EV, the share price will keep falling, because the EV will still only be £2m

Plus it brings his wife's similar size holdings into notification and therefore out of play as potentially available

Rest in peace Ian. What a man and what a business he built. Thoughts with his family who have been robbed of the years they hoped to enjoy together.

And they'll start to make interest on their cash now

Waiting until the last possible day to report, does not inspire confidence

Thanks, that was a very thorough analysis. Forward yield now over 4% I think, not what you'd expect for a high growth co.

The best financial advisers I know recommend Transact, and one of the things that makes them the best financial advisers, is they attract/coach (its a virtuous circle) clients who understand and have enough to wealth to require their assets to increase, rather than be spent down. That sustaining an income in retirement, or more importantly a lifestyle, requires a growing pot.

This looks way overdone to me. I can understand HL falls because they face a lot of price competition from AJBell for an open platform and Vanguard for a single provider, but in adviser world there are different decisions going on.

WhatsApp is free but it’s not like users will be paying for bleepa, their employers will. Right now their employers don’t choose WhatsApp and don’t know or own the data shared on it.

The EBT being able to buy that many shares at that price yesterday looks good business for their employees, but whoever sold that many may need to notify a change in holding