Member Info for Fundfemale

18 million share (over 4%) bought by Oppenheimer. RNS today.

From Morse's website. http://www.morse.com/news_249.htm

LY retained profit after tax and dividend 10.66 million. current market capitalisation 33.26 million. Very good value and even if funding of clients is less secure, infrastructure will be a strong area over next 3 years. Plus the dividend 3.6p

LY retained profit after tax and dividend 10.66 million. current market capitalisation 33.26 million. Very good value and even if funding of clients is less secure, infrastructure will be a strong area over next 3 years.

I agree with you Oilbarron, the financials look very secure and its does look undervalued. I will do more reserch on the weekend and may buy more. In general, and aside from this, I read directors deals in the FT on Saturday and start my research from there.

I bought SWG early on your recommendation and saw some instant blue - I am going to do more research, but I may go in deeper. What do you think on my HRG position (see post today)?

Before financial year end. Budgets are being pulled all around-2009 is going to be really tough in this sector. HRG Powerwaves division has been shut (see news on hrg website), but I see that there could be a better a better buying opportunity here in the next 6 months. I am very happy with my 35% uplift on 235,000 shares since November.I bought for the dividend which has been pulled, I do not hold for bid theories, but I wish everyone well.

Thanks for bringing my attention to this, I like the financials and the recent interest from large stakeholders. Bought some. See my post on CTO today, GKP going up also. I am bored with Morse- remind me why I am in this one?

Fantastic dividend and I like the intention to diversify markets. 2012 looks promising too. I will hold and maybe buy more if it dips. Group Turnover up 15.4% to £223.7m (2007: £193.8m) Adjusted Profit Before Tax* up 86.1% to £15.2m (2007: £8.2m) Profit Before Tax up 64.0% to £13.4m (2007: £8.2m) Adjusted EPS* up 85.8% to 26.63p (2007: 14.33p) Basic EPS up 54.4% to 22.12p (2007: 14.33p) Final Dividend up 8.0% to 8.75p (2007: 8.10p) Total Dividend for the year up 8.3% to 13p (2007: 12p)

Then that is a more interesting angle than I had anticipated, if Whitbread or anyone else has the appetite or the resource. I am holding HRG, Sepura, Morse, CTO, GKP (in that order), with only Sepura and GKP earmarked for the longer term. I also fancy Biocompatibles, but the spread of 8% vs proposed dividend of 5% means LTV until profit predicted in 2012. I joined 48 hours ago and posted on HRG,CTO and GKP. Any thoughts - you are clearly valued and prolific on this site.

Spotted Coffeeheaven news, but what financial rational would Whitbread have in buying COH?

I agree it could be Beaverbrook (if conceding), any of the FTSE Fledling funds as promoted to small cap or just recently aquired shares via PI's/SIPPS. They are being hoovered up though and the spread is nice and small. Someone wants them for moment, at least. Thanks for FP tip- will research. I want to go into Biocompatibles, recent director buys, good trading statement (but still not in profit until 2012), there is a maiden dividend of 5 vs sp of 121 proposed for May, but the spread is putting me off at 8%. Anyone with any thoughts on this one?

I was drawn to this share for those 2 reasons- the infrastructure (one one of the few areas of the economy with a rosy outlook) and lovely dividend. I bought a fair amount at 138 in Feb then reduced my holding 60% as they were performing less well than the rest of my portfolio. I am (probably) sorry now that i did not stick to my original judgement. Wish you well.

Dividend (final) was scrapped at last interim statement n.b the dividend was my original plan in buying this share. The p/e ration quoted on lse and several other sites is actually very wrong. I know this market well, but time is short this evening. On the dividend front, do you have any tips? Aside HRG, medium term I am into Sepura and CTO.

Apologies for confusion- I was referring to retained profit after dividend. This year further/final dividend scrapped with staff reduction savings and fx receipts favouring result. Tough outlook though- unemloyment on increase, meeting budgets pulled, FTSE clients unrecognisable vs this time ly... A buyer could turn this into a very strong global force.

A bid would be nice, but value is more important. Some investors have seen 500% if buying at 3.5 pence( I have invested at 11p, 10p,5p,12p,16p,17p -averaging 14p since November). Many might very easily be tempted to sell at 18.50 and cheat the market. Employee share option at HRG is at 42p. Although shares look very cheap in comparison past valuations are no longer an indicator. Considering last year's net of 6million on a turnover of 300million I wonder if a current market valuation of c55million plus c 100million debt looks pretty expensive. That said the synergies of a global company which could emerge if the predator theories are correct are immense, but it would not be HRG as we know it.. it is a hard call.

Hard to tell yet. At 17.25 could be negotiated buy or sell I guess, but there has been a tendancy of negotiated buys and sells to balance each other out. Signifies interest in the share though...

12:00:47 17-Mar-2009 17.25 211,860 36,545.85 Negotiated Trade 11:55:17 17-Mar-2009 17.00 364,317 61,933.89 Negotiated Trade

Signed up last night. Agree with oilbarron and am holding several hundred K HRG. HRG focus on global diversification is key to fx benefit (as outlined in Feb interim). Very strong management team and IT. Great opportunity , (in poor market conditions) to build stake here. Also, on subject of Global diversification, I bought into GKP Friday.OB - what are your thoughts on Morse- I also hold these.