Member Info for jollyspeculator

The one glaring oddity is the cheap acquisition of the dutch business last year

I get that contractor earnings are poor, but an acquisition at just 30% of revenues begs questions about SFR's valuation

A decent brokers report would show the last 3-7 benchmark M&A transactions in this sector...perhaps bthe dutch metrics are an outlier

@53.8x

I like the price action, and wonder about some of the large trades today (have we seen a clear out?)

Holding for the ultra long term may not be too mad

I didn't invest 10 years ago (error), and didn't follow GBG at all

Turnarounds are tricky, so there is still plenty of risk here

I'm encouraged by the resilience of the sp in Dhaka, and let's hope the worst of the macro headwinds for Bangladesh are over

Inflation needs to come down for real stability

You seemed to be questioning my questioning of winning's wisdom

selling at around the 7 year low when things look like they are turning is weird, but not greedy

One question, really: "why haven't you signed a decent contract if Bleepa is so good"?

Just need profitable growth to return and this will flash up

tp £8++

I'm happy to add below £9

my target is £20-25 again

if the A's fail again to share in upside, then this is still a modest EV/EBIT (and a downright absurdly cheap one if growth resumes)

Yes, but equating 950 with 280 shows a basic lack of maths

This is absurdly cheap on most metrics

but history suggests loading up sub 50p

target would be c100k shares

This must be tough for the shorts

they like the down channel...but the underlying reality is hot against them

they are picking pennies from the steaming tarmac inches in front of the stuttering steamroller

Approaching yet again??

frightening cashburn and no visibility on fcf++...

nov 22 nearly £9.23m of cash...nov 23 down to c £5.37m

(reported in latest update rns dated19th dec)

will institutions cough up more for this?

Pocket money!$?!

It's cheap because the institutions have given up on it

I can see this testing new lows

5p?

£80-100k in one tiddler, exposed to Bangladesh country risk is mad really

I've got carried away

After good week's work?

well done, lads

But you have to respect their power

could this re-test £3..p/e below 5; below tnw; prospective div yield c9%?

yes, I guess...the balance sheet isn't easy to understand with the significant use of lease finance...and vtu shows how serious a discount to tnw can get...the div yield nearing 10% is a bit of a shocker

That the big lads are selling down after they reviewed the results

had thought 1.2p might be re-entry...now tp 1p

Expect new lows, no?