Member Info for hellyeah

Windfall tax not good news for smaller providers and when dust settles Centrica will be left with 2-3 other providers in a huge energy market in the UK with a healthy balancesheet. £2 here we come!!

They will need to buy 1% of the company every month more or less, its will take the sp up to 100p I think.

Superb results!! Any one noticed this blurb?

"Given the Company's current market valuation, mergers or combinations are currently off the table, that is, unless merger or combination partners are prepared to accept equity values as part of their consideration of around 425p per share - as TheoremOne and XX Artists did. That was our share value before our recent challenges and more in line with the general market declines from our peak market capitalisation."

Sir Martin wont say this unless there is a demand PEs acquiring S4. Bring it on!!

Why so cheap? Here you go...

- Cost of living crisis so much bigger market for pre-loved items. This is a well published fact.
- Bakkmarket partnership should start yielding results
- Football world cup incoming
- Black Friday
- Asda partnership.
- This list goes on...

These are so cheap even after the rally today. I hold some from 8p and bought another chunk at 13p yesterday. Need to go back to 50p!! So much going for MusicMagpie currently!

Cleverly written trading update RNS in which Centrica has given no numbers on how well they are doing.

They have excess cash (5% of £4.5b) which will be used for share buy back. We must be doing well this year!

Congratulations to Centrica for daring to do this, well done! This is critical for the UK. No one will care how important this milestone is and no one will pat Centrica's back. But if its Centrica making slightest of profit, everyone jumps on to beat them up!

Solid update and there is a consolidation in this sector so expect bids to come if NEX stays at this measly sp!

As I said last week. 400p incoming.

not a big boy but I got some at 325p this morning. 400p re-rate at least next week!

People have not learnt anything from pandemic market crash! Just ride out the storm rather than panic sell. You dont win if you panic sale.

Mike Ashley or not MusicMagpie is much bigger than a £16m business. In the interim results to 31 May 2022 they made £19m gross profit. Current mcap is total bonkers!!

Results top end of the expectation and the Football World Cup is upon us!! Bods well for rest of the year!

Luceco is a no brainer even at 110p. My short term target is 200p in next 12 months.

All this scaremongering here, people have learnt nothing from the Pandemic. A lot of speculation during Pandemic that most businesses will not survive, but here we are - 2 years down the line. World is still intact. Same IMO will happen with inflation, it will eventually settle back to normal.

ASOS will be ok and for me this is the opportunity in invest in businesses like ASOS. Earlier this week Halfords also came out with a good update, things are going to be ok so stop this scaremongering and trust your judgement!!

This is still too cheap IMO - if I take 12-24 investment view - Luceco is going to be 200p+ given the EV investment they have made.

86EE - per therm price is currently 640p - if someone can do some maths on probable resources trapped under penscola we would know how big this could be for Deltic!

Wholesale gas price is 500p per therm, imagine if Deltic and Shell pulls of Pensacola drill and we get a decent find! All hell will break loose. Pensacola is a company making drill and its due to start in couple of weeks time. About time we re-rate this bad boy!

Really disappointing. They have some good assets but absolutely rubbish BOD. Considering reporting them to FRC for this farce!

Market cap of c.£115m with H1 22 Profit before tax of £13m - if we assume another £10m in H2 then PBT for the year £23m is likely c.20-22% of the mcap! Add £95m net cash (no debt) and a decent order book to it and I think it's a great position!