Member Info for Hortic

My understanding is that this relates to how the Californian contract works. That funding was essentially front loaded and in order to get an uplift in payments they need to get 300,000 users so will need to invest heavily in order to reach that goal. The contract is freely accessible though so have a look through. If this downward trend continues I will be out. 14th May is when the Californian budget is passed and would indicate any cuts to mental health services. This may be another reason for price suppression

Can anyone shed any light on the downward trend this week. Are 10% swings normal for such a low cap stock, the fundamentals don't seem to have changed.

I'm getting more and more worried by these daily slides. We are now below 90p and at all time lows. I'm down 15% and the SP is down 25% in a few weeks. Hopefully the selling will stop soon as this is getting stupidly cheap.

I can't see a higher NAV coming any time soon. House prices are forecast to fall 4.5% next year. Inflation will be passed on to operators through rent agreements which should cover off the non-fixed rate debt. But this was I thought all prices in, or so I thought until further falls today. I wonder if we are going to see a negative announcement from the government tomorrow regarding care costs.

I've bought in at 102.70. if I'm reading it correctly it's trading around 8/10% under NAV currently. Seems like a downside in property value, higher interest and sector disruption is priced in and some SP growth could be expected on positive momentum as well as ofcourse the hefty div.

Any idea what's caused the drop today? I know markets are volatile but just wondering if it's backed up by anything.

I'm not sure the price correction is enough. 15% more shares raised at 900 should equate to an sp of 765. The stock seems overvalued.

Hi, new to the forum. Can anyone explain why the market cap is lower than the cash this company holds. I can see its margins are razor thin but surely this is too cheap?

I'm new to investing in miners but have been following this equity for about 6 months. What I still don't understand is the end game here? I appreciate that drilling results might represent an increase in the value of the assets the company owns. But how can a 15m company extract the gold. Is the end game to sell the resource? Thanks in advance.

So the recent TU suggests a fall of up to 65% in profit from an estimated 19.7m forecast. I make that a new 7m forecast, with a market cap of 134m that's a p/e of about 19 which seems fair value. If the price pressures are short lived and prices slow to fall we may yet see greater profit. Seems to me the share us slightly undervalued compared to its peers?

Im thinking the sp here looks too cheap

pros-

2% Div yield and growing annually
200m market cap but only 6m of debt
UK defense spending looks secure
Potential for growth

Risks -
increasing red tape for the sector
supply chain issues
SP has dropped significantly in last year.

I would be pleased to hear more thoughts?

300 sp before 20% special div and consolidation of nearly 20% would mean 240 is the fair value but that assumes the sp wasn't already trading at inflated prices because of the special div. The price was comfortably sitting at 260 before that so by that measure fair value would be 208. Not taking into account year end which was ok but not great. The broker ratings seem to optimistic to me.

Sainsburys results out today reporting a 39% fall in profit, Morrisons was circa 50% fall and Tesco only 20% which seems a positive sign.

https://uk.finance.yahoo.com/news/sainsburys-profit-down-39-covid-062142100.html

I don't think the divi impact is 4% next month I believe it's about 2.6% with the total split between final and interim? Or am I wrong?

Bought in at £2.28. was hoping to see some movement upwards, getting a bit worried by the constant shift downwards, are we all holding?

Are we seeing one of the big funds reducing their holding?

Well this was my first ever post on LSE and as the expression goes, that escaleted quickly. I've got to be honest im still no clearer to understanding what this companies moat is compared to the other competitors or if the thought of commercial uptake by hotels etc can be substansiated. Then again, i dont know what i was expecting. GLA, i think i will keep it on the watchlist.

I was interest in this share but after some consideration I don't think I will invest because I cannot see any long term value.

I have gone over the accounts and with little prior knowledge I think I'm right in saying that to break even either revenue has to increase by 15% or costs have to reduce. I don't think costs can be reduced further and even in the exceptional year we have just had revenue has only increased 6%.

With further competition from online companies and the reopening of the high street this uplift could be temporary. Further, there seems to be no great appetite for growth with the board opting to 'consolidate' their position in the market. Based on these suggestions the company will have reduced cash for the next two years and the SP will fall accordingly. If the company survives recovery won't occur until 2023 and beyond.

Just my thoughts.