Member Info for Isengard7

they got the assets from KCOM at a bargain price. it should be transformational for the company. and should turnover explode and I predict a good PE ratio also.

certainly is. I am already 17% up on this. And now the share buybacks are rolling in. Good times ahead. Solid company.

No need for a rights issue. If they wanted to raise funds its cheaper and quicker to do a private placing. that being said I think its unnecessary. As management have already stated they need to restructure their working capital/current assets, by reducing their inventory and beefing up cash which would create more headroom for the net debt/EBITDA ratio.

"It’s not often you get the opportunity to buy shares in a lowly geared company on less than 8 times earnings and underpinned by a 5 per cent plus dividend yield when it’s expected to generate 15 per cent earnings growth, but that’s what’s on offer from Skelmersdale-based Flowtech Fluidpower (FLO:103p), the UK's leading specialist supplier of technical fluid power products. Furthermore, with net debt of £14.1m at the end of June accounting for less than a quarter of shareholders funds, then the board has ample firepower to make earnings accretive acquisitions as it has been doing."

I averaged up at 87p.

*I think the GBP/USD exchange rate has bottomed out rather

i don't think the exchange rates have bottomed out. seems to be support at 1.28. I think this is as bad as it gets for Brammer. Its taken the worst that the exchange rate has to offer. ratio is within the covenant. Net debt doesn't exceed net assets which I what I personally look for.

is looking promising. Management confirm they are on target to achieve £30m. just about kept the covenant 2.8:1. I can't see the exchange rates being an issue anymore. We got QE and interest rates cut. Good times for this stock ahead.

fundamentals are very good. Low PE ratio and trading at a discount to NAV.

I have analysed this company. and I think £1.80 is realistic before Christmas. "Stock reduction programme targeting £30m in 2016 (21% of stock value) utilising new analytical capabilities" £30m cash swing from inventory to cash. "Target net debt/EBITDA of 1.5x over two years through: – Increased focus on cash generation – Working capital management" its ambitious but if they can pull that off this is going to soar.

you said the company was rotten to the core in a previous post. and that the company is almost broke. you changed your tune. similarly looks like Blackrock did as well.

tin the last presentation, management stated their plan avoid the covenant breach. Inventory is colossal and they said they had a plan to reduce unnecessary inventory and boost cash.

mybarcalona might be on to something. short interest fell to zero on July 22nd. the share price went up from then on due to short squeeze. but if the shorts have all been closed before H1 results come out then Blackrock are obviously expecting the results to good. I am expecting a swing from inventory to cash. that will improve the net debt/EBIDTA ratio which one of the main ratios for the bank covenant.

probably see this consolidate for another leg up. all things being well with H1 results.

MM must have triggered the stop losses so they could get fulfil the buy orders.

definitely a tree shake. went as low as 82p. MM games.

just profit takers and MM tree shake etc

he can't take it private unless he has 90% of the shares

but fundamentally solid

absurd PE ratio. very cheap!