Member Info for farhantahir

Yep - hindsight is wonderful. I wish I sold at 60 and rebought triple my holding now lol.
Anyway, I think there's long-term potential here. But I amn't looking to increase my exposure here in the short term.

Update - i've bought 2500 shares. I'm buying another 2500-3500 more shares to create an additional income line of approx. £400 a month.

This is now expected to yield 7%.... Madness. It's reached my target price, but I may hold off. I expect results tomorrow to be good, however...

I'd potentially disagree.

I'm looking at the aviation industry for my ISA. Short term it's not going to be pretty. But long term, some companies could give solid returns. I have my eyes on IAG at the moment. Definetely not going into the market yet to buy anything, but will keep an eye on the likes of Unilever, GSK, Keller Group, WH Smith, DS Smith, BT, etc. There's some companies wrongfully punished - if they fall to the right levels, i'd buy. PHD is another i'd love to topup in, but i'd be to heavy here.

Yep - I see big assets going up in the near term as logistic arms, etc will be necessary. Death of the high street will also support here. But i'm targeting a lower entry to give me a yield of around 7%.

'Present guidance is at 50m revenue and 12m ebitda for FY20 (July) which is a healthy level of profitability given the investment in leadership, sales, marketing and account management.'
Happy with that. Lombard was there for the last rise up - pretty confident with their involvement. Will see good results imo

Its reiterating what's already in the known domain. Did say expecting to meet market expectations.

I've had some email communication with Tim Sykes and i've been relatively pleased with his responses. I didn't try to ask any market sensitive information, but he advised revenue is expected to be 50m and EBITDA is expected to be around 12m. They are also evaluating whether to dispose of non-core assets.

Tim also expressed confidence in BePayd and looks like this is positive. Should be some positive comments in the April updates.

Also, I got that part of the reason for FSP being scrapped was Artemis wanted out and Lombard wanted in. FSP wasn't progressing fast enough, so curtains were pulled. Long term still looks solid. They have a clear plan and will turn this ship around.

All IMO

Does anyone see any risk with the new BePayd System?
Essentially, Proactis will pay the supplier the invoice (less a small early payment discount) and the buyer then pays Proactis on their scheduled payment date. I can see there would be a market for this, but if a buyer was to default, it would eat into profits quickly.
Anyone know what Due DIligence ByPayd would do on buyers before paying invoices?

Noto - where do you get the salary info from? Tim is on about 200k a year and Aubrey is on I think it was 60k. See the annual accounts
Aubrey has a decent stake in the company - I'd struggle to see why he would need more... sykes should increase, yes.

One thing I dont get is, why does the CWU get to try and dictate pay? This is a business - not a charity.
If the terms and conditions on offer are bad, why dont you just leave?

Unions need dismantled.

Artemis sold. Interesting. They're quite small fish in Asset Management. Looks like the bigger holders are still interested.

Yep - but interested to see who the seller is that gave up 12% of the company.

A lot of the big shareholders wouldnt be happy with a sale at 80p, given the prices they invested at.

They held 5%. 124m shares in issues and someone dumped 6.3m in one go. So I would think it's one if the sellers.
Maybe grew impatient - but dont see why. At the current price level, the scope for returns is quite high. I might increase my holding soon - currently on 10k but might buy 90k or so in my ISA. Could be interesting :)

Couple of points:
1) Quiz has a mens wear department. It's online only and is called "Quiz Man". It's not as big as the womans wear department though. It does offer nice clothes :).
2) Quiz posts a trading statement on or around this date each year.

I'm a shareholder and I do think Quiz, as a company, is undervalued. I amn't reading everything as a takeover bid or outstanding results, etc. It's going to be a slow journey. Quiz has no debt - it can make some solid moves.

I correct myself - dividend hasn't been confirmed to not be cut.

There's been talks of a long term dividend cut for a while. It's most likely priced in. The dividend plans for this year and next year have been confirmed, I believe (not cut). BT has quite a bit of debt, pension costs, etc which impact on it's share price. I'm just here for the dividend anyway. I've stopped caring about daily price movements - if I can get atleast a 5% dividend, i'm happy. that about 10p.

Hi - you basically bought shares in what's left of Galliford Try (i.e. the Construction Arm). You won't be offered shares in Bovis Homes.

Lol different companies...!