Member Info for JohnLewis79

A small up in the sp not worth bothering about....tiny % rises mean zilch as sellers soon take their miniscule profits and so on & so on. One has to look at least another 2 years ahead if you can stay the pace and look to a medium term view of where you think this stock is going. OK, that's off the scale for most pis, however we can have a ball park figure in mind and barring accidents or unforseen events i can see Idea making £15m gross with a fair wind. That far ahead is of course a punt but heh so is buying Shell and I'm not into buying an oil major if as I think a big correction is on the cards. As ever one needs to watch the stock carefully, afterall you do when you play roulette, so take profits along the way and ride the rest for free if your lucky enough to be in that position. Long termers should hold at the very least imo.

Assigning a Peg ratio to a stock is tricky owing to the expected rate of growth you think a Co can achieve. In Ideagen's case you would think c.10-12% would be reasonable. Given that a Peg of over 1 indicates an overvalued co (1 is the correct no for value to projected growth) then Idea is overvalued or investors are bidding up the stock expecting greater returns in the years ahead. However if you used a growth rate of 20% Ideas peg would drop below 1 indicating an undervalued stock. As ever nos can be massaged any which way you like. Split the diff is probably right.

As we all know valuing a Co is not an exact science, many companies trade nowhere near their fundamentals. Sentiment, perception, sectors, AIM or otherwise all play their part in valuing a business. I've picked two companies I'm fairly familiar with, both have similar nos of shares in issue are leaders in their field and are valued within £5m of each other but in different industries so not strictly comparable. However on just one metric and the most important imo Ideagen retains c.30p of every pound re'cd the other co retains only c.5p. So what you might say but seen from this viewpoint it's obvious which co performs better for shareholders yet the mrk cap is almost the same. Too problematic to discover why the 5p Co is rated as highly as the 30p one but which one would you want to buy? At face value you'd think the 5p Co is hugely over valued or perhaps Idea is undervalued, who knows? That's the quandry that pis face. The more you delve into figs & comparisons the more confused you become. A much more savvy investor than myself looked at the top line and the bottom line over a 5 yr period if he liked what he saw he bought. Ok I've simplified that a tad but look for what a Co retains and you won't go far wrong.....well that's the idea!

Wirh a mrkt cap of c. £176m on 200m outstanding with a small ff, small lot selling/ buying will have a disproportionate effect on the co value. Such is the way of mm's on the lse. Not sure whether the bloody machines control our outcome here but nothing surprises me these days. That shares go down a hell of a lot quicker than they rise is probably symptomatic of modern day algo trading/ investment. In 20 years time there won't be a mrkt as we understand it just one gigantic machine matching trades 24x7. Other forms of financing will have largely made a stock quote redundant and private companies will be back in vogue whereby holders share the profits/losses and are less exposed to the markets manic behaviour and a return to assessing a stock on merits, reason and logic will be back in vogue. No doubt since inception the equity markets have been superb in overall returns to investors, for instance world stock markets have returned 7% (div reinvested) in the past 30 years measured by the MSCI. Future forecasts are for much less as the era of low rates, low growth continue. Fewer companies joining, fewer investors willing to take risks that looks more like the view from here.

Devised by J.Green blatter his formula a fancy name that at its core had a simple gaol of buying good companies at bargain prices. His record at Gotham Capital was extraordinary achieving a comp annual return of 45% over 19 years. Stockopedia has created a replica of the magic formula applied to the UK. You may be surprised that on the list of 30 top rated stocks Sportech was ranked. However that was most likely with the Pools division.

Harrygasco.....take your point but "in line with" is an ew bet by bods and most use that terminology.....

Bet on a blue finish!

Two possibilities rugs...i) there's now't so queer as folk. ii) good news is always bad news on the lse.

Wonder what price Spo board are prepared to accept for the Co? At near £200m we must be at the upper end of any offers methinks particularly an all cash offer. We could be offered a cash/shares swop or a straight share swop. Not sure which way to jump atm.

Me to MrBB though in my case only from the 50's. But your right this is a cracking company..... but......get off AIM there will be many iis who would like to invest in Ideagen a fast growing tech Co but cannot due to us being on AIM. A priority at the F/Y would be moving onto the Small Cap index.

Sads, Investors Chronicle pick of the gambling sector caught a £2.3m fine for breaching consumer protection regulations following a Gambling Commission review into the Co, they found significant flaws in how Sads dealt with two customers. Sads said it accepted it fell short of accepted standards. No worries sure to be good for the sp.....

Brief update but very positive expect to be well ahead of last year's numbers.

Nothing doing today so perhaps later this week?

Steady as she goes is about it. Nothing likely on the sale process till January'18.

For sure the Littlewoods knock back on the compound dented us but tbh I never really considered that a given more an unexpected bonus at best. Imo our mrkt cap is out of whack with the basic fundamentals of profit potential for this Co. Outside of that we have very valuable licences, world revenue streams, cash in the bank of c.35pps and a big plus....debt free. If this adds up to a take out price of 110+ my partners will be very happy bunnies. Don't expect any news of 'in camera' discussions.

Good close to Agm week c.9 up. Bodes well for update on Monday

Sads jumps 7 on renewed speculation that GVC is on course to make an offer. GVC want to trade in regulated markets having sold their Turkish business for €150m. Post sale about 25% of rev's come from unregulated markets. GVC has been the runaway star of the sector these last few years climbing to 930 from sub 400 when I was considering buying some. Another swerve that cost me! Not sure Sads is a good fit for GVC i can see a clash of cultures not to mention Coral and the huge betting estate millstone. If I was a holder of GVC I'd be selling out before dyspepsia set in.

That 100k sale was down to insider J.Wearing. He still holds over 4m shares.

Not sure what the total cost to the Treasury would have been had the SC upheld the lower courts ruling. The Littlewoods case was of the order of a £BN pounds I believe and most likely the single bigest claim. Goodness knows how many others were in the queue so the final total could have been over £5bn. I think I read £7bn somewhere. Will Littlewoods throw in the towel now? Appealing to the ECJ could take many years for an uncertain outcome. I doubt Spo will bother now best leave that decision to the new owner.

A 100k late sell trade (79) reported today was a bad bit of timing. Lost out on the div and sellers getting near 84 today.....ouch!