Member Info for fatbanker

anyone?

80k 2894 gla

a lease is set up to act in just the same way a mortgage on a house to reduce the liability and to reduce monetary obligation vs the asset value even in the case of a house where its a fair assumption the asset value will increase over time.

the user in a lease is required to pay the cost whereas the owner reaps the benefit of any uplift in value. in the case of a lease the owner is the finance company. If the asset value goes up then on reletting a larger lease would be needed.

I suppose the vanadium industry could provide a hp option where the electrolyte can be bought on a bullet payment at end of term but the benefit of leasing is the lack of negative cash outlay at the front end income can easily be measured against the rental expense to assure profitability.

https://www.barchart.com/stocks/quotes/ATM.LN/opinion

A - Producer
B - Finance Company
C - End user

B uses a specialist valuer to value the electrolyte at £100,000, and residual Value after 20 years £75000
B underwrites C for credit risk of £25000
A sells £100000 of electrolyte to C who simultaneously sells the electrolyte to B again for £100,000 who becomes the owner.
A having sold for £100,000 can recognise the income and profit in its own trading year
A delivers electrolyte to C against their signature, B now the owner issues a lease document to C who signs it agreeing to pay the rentals on £25k plus interest, and to safeguard and pay to insure the electrolyte.
At the end of the lease after say 5 years, the electrolyte can be retrieved by B, Or relet for a further period to continue the arrangement.
A may or may not agree to buy back the electrolyte from B at end of term for the lower of estimated residual value and market value.

please can someone give me some idea when this miner will commence production and when it is likely to turn a profit. I have seen SP Angels 45p strong buy recommendation and am looking to justify an opening investment here but cant be tempted to research it from square one. if it looks like it has potential based on sensible replies then I will do some research myself. thanks

if FM drops an after hours RNS or one first thing Monday that would be acceptable to me. good weekend all. gla

that's a PE of 35, based on annualised H1 PPS 2.28p on the latest actuals. do-able. gla

hehehe

absolutely ridiculous Knuttie, accept no less than 35p

80k 2993. gla

alfa thanks for the info on UT. I am still cynical about any mid that isn't in the middle.

not ve meant vs

MM holding mid down to target PI who may have set 30p as their exit target, and when they see 30p and then the red screen they sell. IMO

thanks KK post recommended

ignore last top up post it was actually 200k and 250k and below mid at time of order but above mid at time of posting hence showing blue. gla

ok buddy keep trying I will be grateful. thanks for reply. gla

note 4 to the 6 months accs says

The calculation of a basic profit per share of 1.14 pence (December 2017: 0.12 pence loss), is calculated using the total profit for the six months attributable to the owners of the company of £11,198,436 (December 2017: £953,538) and the weighted average number of shares in issue during the six months of 985,904,707 (December 2017: 789,578,440).

double the profit to make 12 months, £22.4m, divide by shares in issue 986m, 12mth eps 2.28p, divide SP by eps 30/2.28 = PE 13.2X

USING Meyers 1/3 and 2/3, same calculation gives earnings £33.6m, and PE 8.77X at SP 30P

any chance you could post up a link for the bmn screen for NEX please, thanks

200k 359
200k 359
both showing as sells. gla

352 359 buys showing as sells