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Good right up on Master Investor 600 Group (LON:SIXH) this morning report their six months to 30th September 2017. These figures are not stellar but they are very encouraging. There are a couple of exceptional items but, allowing for these, EPS is at 0.8p per share. Doubling this to 1.6p for a full year gives a PE of 10 at 16p. At 16p SIXH is capitalised at �17 million in contrast to tangible net asset value of the order of �38 million. This share price is far too low. 25p would be more in point.
http://www.edisoninvestmentresearch.com/?ACT=18&ID=13144 worth a read
I was talking to one of managers at speedy last week, he said they are doing ok. They have lost some work with TESCO as they have stopped any new supper markets developments after the 270 million black hole. He also said the operations in Middle East is making a profit now.
TEF is a house builder in London, i first got in there a few years back at 40p plus now trading at 378p had 120,000 shares at one time. Sold some of them to buy a few houses i now rent out. FRR is a new one for me only invested last few months they are a international oil and gas company focused in Georgia. Getting back to PRM i have heard many times these are going to rise big time, they are hopping for a buy out, they are not making any money as there main focus id research and development. I am going to give them 6 months.
I am going to hold this until next spring, not got much invested here. I think there will be a good RNS and results next year. There are other shares out there doing really well, I am in TEF made a fortune on them. FRR is one to watch I think it will spike in the next 6 months.
Yes I am still in TEF I sold some at 315 and 325 then bought back at 290 as well, cant believe how much money I have made on those shares. I am in profit with CAL, I just have a feeling this will spike one day so holding out for 50p plus.