Member Info for farhantahir

Yeah I completely agree with your argument Noggers. It makes sense. I'm against No-Deal and I still hope the Referendum result is scrapped or we get a "peoples vote".
I don't think Boris will win - he's got rid of to many good MPs in his Party. If he pursues a No-deal, then yes, but I don't think even he is stupid enough to go for that.

The reason why i'm happy for no-deal to be taken off the table is because it's the best way the refendum result can be scrapped. But that's because no part of me can see the sense in Brexit.

Haha on the topic of over-priced shares - do you view PHD as over or underpriced? ;)

"Do they not realise the damage they are doing to businesses who cannot plan" - lol I doubt businesses could plan regardless of an election or not. I'm from Scotland and i'd love for there to be a General Election as SNP is likely to win every (or almost) seat, and that is good for Scotland.

JC and the rest of the opposition is right to block a General Election until No-Deal is ruled out. This government has, unfortunately, shown they have one goal (a "no-deal Brexit") and wont stop at anything to stop it. The removal of the whip from 21 Conservative MPs showed that. FTP act gives the Government considerable lee-way to move the general election date. Who's to say it won't called after 31 October, if the Benn Bill isn't passed...

Adjusted EBITDA (for the half) was 15. Adjusted free cashflow was 3m (taking away non-recurring). That 30m and 6m (rough figures) respectively. At a Market cap, it's 8x FCF and 1.5x earnings. Rough figures - but you get the picture - it's a clear bargain.

If it's at the AGM - they will also release it here (they did last year anyway).

Probably next Wednesday at the AGM.

Think about What this company does: it provides a cost management solution. In a no deal Brexit, our economy will be trashed. Cost management suddenly gets more important.

So yes - this is relatively brexit proof. If there's no bid, this stock may be impacted in the short term in the event of a no deal brexit. Still a cheap stock.

Yeah. I've tracked that there is atleasy 77.3% of shares held by Institutions/ insiders. It's probably more (when you add in the shares held by IIs with less than 1%).

Suggests there's very little free-float shares. its around 21m shares, but there's lots of PIs that wont sell at such a low price. I'm hoping those with 1% goes up to 80% soon - take them off the market :D

Yes - that's a point I agree with (directors being useless). It's unfortunate that the directors basically control the majority of shares here and are responsible for day-to-day decision making. That's what's putting me off. I think there will be an attractive entry point soon.

If its a long term hold - should be OK. Good luck!

Long term, if they get the strategy right, it will go up a bit. It's a £167m company at the moment, with over £2b in revenue. Even with a 2% margin (after getting rid of non-core areas), that 40m profit.
I think this will be a decent Brexit play - but who knows how that will end. The Whalley Bridge issue will highlight Kier can still deliver for the Government. if Brexit ruins our ECO, i'm expecting infrastructure projects to be announced.

Yep - I topped up in Proactis holdings instead and almost invested in Galiford Try lol.
Yeah - i'm wary of buying in now - Think I may wait for the share-price to steady itself a bit as it may throw an interesting entry point :).

I don't think any advice is useless, especially in the unknown :). 65jh is correct in saying a profit isn't profit until you press the sell button. Until it's realised, it's just potential profit.
I'm a holder and have topped up. I'm encouraged by it being 75% institution owned. But i'm also wary if there is no realistic bid (I wouldn't expect the BoD to sell for less than £1, and bidders may want it on the cheap).

I think, what doesn't help is the lack of communication from the company. I don't think things are that bad at Quiz - how bad can it be as they still generate a good amount of profit (underlying) relative to Marketcap, have no debt, etc.

I'm not a holder at the moment (have held in the past and got burned), but may enter soon, if it falls to my target entry point :).

Lol and here I was contemplating buying some shares when it was around 60p... wanted to do more research, and lost a chance of 100% return in a week. Lol, would have been a nice 6k profit with what I was considering to buy...!

Hi Zac
Thanks for sharing that. It makes interesting reading. I did have some money in lindsell funds and made decent returns a couple of years ago. So will need to look into that again.

Hopefully your individual shares will pick up - they are all companies where i would have bought into (i held bt shares and sold out and considered putting proceeds into Vodafone!).

Fund managers do have the benefit of large research teams

Hi Zac
Thank you for that. I did have some money in funds (getting burned by Woodford!) And will be looking at how this saga develops to see if its something I can handle.

Yeah I'm wary of dividend cuts - especially in a down turn market. But I'm happy with a yield of 6% at the moment as over time it should grown. I'm looking to have atleast 3 (Or potentially 4) income streams though. Will consider your advice though :) (just making my plans at the moment (or over the next 7 months!)

Results really aren't that bad at all. I'm looking to get into here - but waiting for the right price. There's enough cash and assets to support a long-term dividend at current levels (IMO). The move into China looks interesting. 8% Dividend - you can't go wrong. My target over the next 15 years is to have a portfolio that yields around £30k pa in dividends (miles away at the moment...). This looks to be a good candidate to add to help achieve that! :)

GLA!

I would hope not. This £140m is to account for future loss of profit. It would be naive to pay it out as a special dividend. I hope it is used to bring more assets in.

Yep I agree with this. A lot of people say £1 + is unrealistic because its only a target as its cheap. But this view forgets there is a premium attached to what a company is bought for. If it was targeted last year, it may have required a offer of over 2 quid a share.

Not sure - there's a stamped trade for 82p that's posted on ShareMagazine 6 minutes ago. Interested to see what that actually was!

Morning Crystalball :).

No worries - oh it's just a industry thing - put it this way - I was heavy in the building sector, but saw losses of over 50% (lol...). eventually, recouped my money (and got juicy dividends!). Make sure you are diversified - it's easy to pile into one industry, but one bit of bad news can be damaging.

Mistakes = lessons, so don't worry! I've made my share of mistakes (including out of stupidity - I meant to place a buy order for shares in a company, and accidentally hit sold LOL - lost chance to make £4k+ as I didn't look at the trade... lol). If you hold LT, you'll make money, hopefully! Just keep an eye on the full portfolio :).