Member Info for doze

I believe may be Evil K- sorry-bit dozy

I assume you are moneyman and CBSF, it's got to be said that is hugely impressive, I hope you've had the dosh to capitalize. Evil Knievil I am told has been banging on about BXP for some time

followed you here from the PMK board-enjoyed your post there. Tom sold on 25/6: Driver reported a 33% profit increase in the half-year to March, but has since reported a tough UK market and said that profits this year will only match the £2m of last year. The share price held up well in a falling market but is now starting to lag. That was his reasoning

It is the obsession of the market professionals and private investors with sector weightings, Index inclusion or exclusion, peer group comparators and the folly that is technical analysis that creates the huge distortions which provide such an enormous opportunity for the fundamental investor. In times of uncertainty - and we live in truly uncertain times - those distortions/opportunities will be greater than ever. Tom Winnifrith & Robert Sutherland - Smith

But since no FMs have bought since Telecom joined the FTSE 250 why would any sell? Amid this madness we have been feasting on Telecom Plus stock at levels between 270p and 300p. The shares are now 278p. Just a reminder: this company has a large net cash position which may well soon be swollen by the sale of a non-core subsidiary. It has promised to pay a dividend of 22.5p this year. Next year it should pay 25p and with minimal capex needs and net cash it can continue to increase the dividends rapidly thereafter as it operates a highly scaleable business model which should - we believe - push earnings to 45p by 2013. Some followers talk of 30p followed by 35p as we move out to the March 31st 2012 and 2013 financial years. And the shares are now 278p. So that is a current year yield of 8.1% and rising. We welcome the idiocy and laziness of the professional fund manager and the twisted thinking of those who go short or will not buy because a stock is going in or out of a particular Index. That has been our opportunity to buy and the result is that Telecom Plus is now the largest single holding of the SF t1ps Fund. It is a central belief of the managers of this fund that the underlying value of a stock is purely a function of the cash it can generate - nothing else matters. The investment opportunity (to buy and sell) is created when the price does not match that underlying fundamentally derived cashflow. It is the obsession of the market professionals and private investo

Telecom Plus Why are most fund managers total idiots? Read on. We have had long discussions with Charles Wigoder of Telecom Plus about why his shares appeared marooned at 270-280p. The stock is in the FTSE 250 so the big question is why are fund managers not buying? From a variety of sources we are offered two main explanations. The first is that because Telecom Plus is part utility, part distributor, part retailer fund managers find it hard to value as it is not in any one sector and so hard to compare with similar companies. Hell's teeth. Now you know why fund managers gorged on telecoms stocks on PEs of 75 in the dotcom boom - because a PE of 75 was "cheap" compared to the rest of the sector. Such analysis is rather like saying that RSS and Tom Winnifrith (combined weight in excess of 30 stone) are champion athletes within the t1ps.com stable merely because Evil Knievil tips the scales at 24 stone on his own. Anyone who backs any of those three heavyweights to finish a 100 metre race let alone to win it is certifiable yet that is what professional fund managers do with your money and that is why they will not buy Telecom Plus because they are to dim to look at it in absolute terms. The second reason is that because no funds are buying the stock it may be ejected from the FTSE 250 Index which - it is argued - will cause fund managers to sell.. So some people have shorted it ahead of ejection so making this a self fulfilling prophecy. But since no FMs hav

was 31/7 last year

Should have been listed on the above today, probably caused this rise, hopefully it'll go up some more.

The end consumer has a relationship with an electricity supplier, the supplier pays the National Grid, it is up to the suppliers to juggle payments for sseg surpluses and upping p/kw if it impacts on their ability to make a profit as they would still be resonsible for collecting money to keep the system working. All as I see it off the top of my head so feel free to comment, all the best, my mother has these.

You've got your answer with the sp rise anyway.

We have to fight off the South African company that wants to liquidate us first then it should be steady rise as the Country gets on its feet again. There are plenty of businesses in lzm that will benefit and this is another.

Put Market Maker in your search engine for wikipedia definition

I agree the green credentils will help this company and with scaling back of exploration and production existing operations will be enhanced with this as an add on. Glad you posted dayrelease giving me company as I bought in at what I call a medium level today.

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=2098365&source=RNS does'nt the above mean there could be a lot of cashing in before share rises

This is a good stock and since May last year has gone up and down predictably so you could have made profit on the swing or just stay in for security. The Chairman has just increased his stake. I am disgusted at the spread 26.5 and 8.7% how are these stats compiled?