Member Info for jollyspeculator

their pennies

if Lighthouse get serious
shorts are in for
HORROR

doesn't buy into ST's tips lol

bought a few more

#choiceprice

perhaps...or 60% retrace takes sp down to 1.15-1.20

have a great w/e, all

but after the placing most dropped some way below placement price, no? (Ibefore recovering)

waiting for c53p now

bid still creeping up (nearly 67.5p now)

we'll see soon enough...

mounting evidence that (for most) WFH = distraction and lack of creativity/productivity

Most need office culture to stay on the case

massive...but not good?

not yet, mate

like the tech (what little I understand of it),
but suspicious about valuation and RG's next move(s)

all good with you?

is claiming a sp should be 10* higher market abuse?

one of this BB's fav posters made that claim
(absurd if not abuse imv)
recently
on another share BB

bought 12k more @10.44p

feels obv that this will fall to below 10p...perhaps back below 9p
BUT almost choice price==>irrestistable nibble

MM Games 60/68 goes to 62/70p & falls back again

but better imv to watch the real bid: now above mid @65p (&, as you post NT offer)

sold 400 @392p from the other pot

bid has moved up to 63p

unsurprisingly, the real offer has crept up (again) to 67p

the real spread is a dispiriting 61.2-67p (9-10%!)...bloody MMs

@92.8p

probably load up 80-85p, but here EV of £90m looks decent enough imv to get started lol

btw bought 3k more @65.5p

the bid is creeping up, and there was a delayed buy @68p??

yes, too harsh

a business' working capital should be taken as a single "unit" (receivables plus inventory minus payables) that needs to be financed (usually)..to use payables in EV would split up this unit, and would also be a little odd cos payables don't usually have an interest charge!

EV is approx £8-9m (market cap of £9-10m minus net cash of c£1m, cash minus lease/debt)
==> EV/EBITDA of c4-5* (not your 9*) @ EBITDA of £1.6-2m/year

(I focus on EV/fcf...which is still low given their modest capex versus depreciation & amortisation)

sold 300 @3.76

every little helps

hold 1100 in one account; 1000 in another

tp 400++