Member Info for dnalkr1k

Good luck with that 3p - 4p per share, I can't see it myself but if it happens I'm out and F-A-S-T!

Goodnight Vienna!

No one could say other than that today's results from Wynnstay are excellent with the company posting a 60% increase in earnings per share. Assuming these increase modestly to at least 50p per share in the current financial year, the shares are on an undemanding prospective p.e. of 12, when its recent growth performance appears to suggest a rather higher ratio should be justified. So why did the market appear to be somewhat underwhelmed by today's announcement? Might it possibly have been the unduly cautious looking 6% increase in the total dividend of 15.50p for the year, when most of us had been hoping and expecting something significantly higher, especially having regard to there being net cash of £9.24 million in the year-end balance sheet?

A further and I suspect inevitable sign of the Americanisation of RQIH. But without any additional share capital being raised, where are the shares going to come from to allow any meaningful two-way trading to take place on this market, unless, of course, the Directors and in particular the American Directors are intending to provide the necessary 'seed corn' from their holdings to get the show on the road. We shall see soon enough. Once, before too long, Quilter has followed Randall into retirement and with both have possibly disposed of their founders' shareholdings, it's not difficult to imagine this company, suitably re-named by then of course, becoming based entirely Stateside, even to the extent of the London listing eventually being cancelled.

Many thanks to DAVO5 and Roofer61 for explaining the reference to 'GGP' ... I really should have been able to work that out for myself, especially having been a shareholder, it simply didn't click.
Many thanks also to hydrogen for providing the info.

"I genuinely believe this is the GGP of the oil and gas world... Simple as that."

This from hydrogen earlier today. Sorry to be a bit dim, but could he (or someone else) please explain what GGP stands for in this context ... thanks.

Because of the ridiculous ultra-green policies of this government. But fracking will happen before too long ... it simply has to.

A phenomenally successful final quarter's update from RWA this morning including the following:
"§ Strong trading momentum was maintained through the fourth quarter across all of the Group's regions with Group net fee income up 39%* (33% actual) year-on-year.

o Quarter ended very strongly with a record December performance.

§ 83% (2020: 79%) of the Group's net fee income is now generated by our international businesses."

With the current level of impetus, all appears set fair for 2022 and perhaps the company will express its confidence by declaring a tidy increase in the level of dividends, particularly having regard to the largely unused mountain of cash in the balance sheet.

Excellently thought through and probably right on the money.
If there were to be another offeror in the wings, one would expect him to declare fairly soon, hopefully with a knockout counter offer. At least Triton is unable currently to steal a march with the sp so far above the value of its offer.
A takeout price would probably need to be north of 950p, without any unimpressive referencing to the pending dividend, which came across rather as an apology for the meagre price ... didn't work.

"The timeline to monetisation is now finite and reasonable"

Really? I certainly didn't hear anything which remotely convinced me that monetisation would be both finite and reasonable.
Did I miss something concerning this coming to fruition any time soon and if not, what would you consider as being finite and reasonable ... 2 years, 3 years, 5 years, more than 5 years? Do tell.

There are some very optimistic comments here following this afternoon's presentation.
Unfortunately, at least so far, this optimism has not been shared by the market, where there has been very limited turnover in the shares and a minimal movement in the share price and in view of its already subdued level, it seems clear that not everyone is convinced that FOG rates as a buy.
Perhaps some, like me, believe that the potential big elephant in the room centres on the extent of the potential future financing required, which might still involve very substantial sums over and above the remaining amount yet to be provided by Origin under the existing arrangements. Reference is made below to the $9 million currently held by the company ... with respect, this is absolute peanuts in relation to the sort of numbers involved here.

Certainly good in parts, especially for those remotely able to comprehend all the technical data, but much joining up of all the dots still required and a possible major question mark over the medium term and beyond as regards the company's financing requirements and what this might entail in terms of possible dilution.
I for one found it particularly disappointing that Falcon appears to be refusing to state how much of the carried cost provided by Origin has yet to be expensed. I fail to understand how the company's auditors can provide a true and fair view of its financial viability without this figure being routinely disclosed and made available to present and potential investors ... this is absolutely key information.

I've been astonished by the brilliant taste of this non-alcoholic beverage which tastes astonishingly like the real thing - I feel sure it will prove to be a mega success story, especially at a time when the Under 30 year age group are drinking significantly less alcohol than previously and it's also ideal for those drivers ferrying their imbibing friends to the pub, restaurant, etc having to content themselves with a miserable glass or two of bitter lemon or diet coke throughout the evening. Without any duty to pay, it's also cheaper than its cousin with the supermarkets currently charging around £4 for 4 x 440ml cans, i.e. £1 per can. For those who haven't already done so, do give it a try ... you're sure to be impressed. This surely has potentially massive profit implications for brand owner Diageo.

The delay by YOU in publishing its final results is bad enough for a billion pond company, but to only announce such a delay on the very day on which the results announcement was due to be made is nothing short of extraordinary.
Surely all the numbers as well as the reports should have been completed at least 7 days ago to enable these to be considered and approved by the BOD. Clearly they were not, so why was there such a delay in informing the market that there would be a delay beyond the scheduled announcement date?
The situation is all the more embarrassing given the nature of the business in which the company is engaged.

A very encouraging trading update this morning in which the eponymously-named Chief Executive refers to the current jobs market as being "hot" and reports that "the Group has once again benefited from operational gearing and that profit for the full year is expected to be comfortably ahead of current market expectations."

That very much depends on how well SUPP invests the £11m it raised from the sale of 10% of its holding in ONT. It has been starved of new funds since the Woodford debacle and it's high time for the Schroders team to show their metal in terms of spotting potential winners.

A massive endorsement in the company in my view. If RQIH is good enough for a master investor like Mark Slater, then it's good enough for me!

Full-year eps look likely to be 45p or better based on the very bullish outlook comments in today's announcement. On this basis they're trading on a p.e. of 10.9, more than fully supported by an NAV in excess of 500p per share.
The company is in far better shape with recently energised new management than when the shares peaked at 676p in early 2013 or 667p in mid-2016 . Assuming an undemanding eps of 50p is achieved in 2021-2022 (+11%) and applying a still modest p.e. ratio of say 14, this would equate to a share price of around 700p, an increase of 43% above tonight's closing price.

Of course, William Spiegel was gifted a golden hello of 5,178,524 shares on joining the company, with Thomas Solomon, the recently appointed CFO having similarly been handed 1,210,707 shares. Together, therefore, they have been awarded 6,389,231 shares, representing 2.57% of R&Q's thus enlarged issued capital, which at today's closing price of 165p are worth £10.54m even at their current somewhat depressed level. One would hope that generosity on such an enormous scale will encourage these two individuals to concentrate first and foremost on improving the company's share price performance.

Yes but from a disappointingly low base and the s.p. remains a very long way from the recently suggested 240p sum of the parts figure. It's difficult to imagine the shares recovering to any significant extent unless and until shareholders are confident that there is not going to be yet another highly dilutive placing, reserved solely to enrich the institutions. Unless I see at least 200p by the calendar year-end, I'm out.