Member Info for jollyspeculator

Financial Highlights: · Revenue from continuing operations increased by 10% to £5.89 million (2013: £5.36 million) · Profit before tax up 9% to £0.85 million (2013: £0.78 million) · Cash balances up 12% to £2.30 million (2013: £2.05 million) · Total dividend payment for the year increased by 12.5% to 0.45p per share (2013: 0.40p) comprising of an interim dividend of 0.22p and a final dividend of 0.23p per share which will, subject to shareholder approval, be payable on 18 September 2014 to shareholders on the register on 29 August 2014 · Basic EPS from continuing operations up 6% to 1.33p (2013: 1.26p)

Highlights • Total revenue increased by 12% to £6.5m (year to 31 March 2012: £5.8m) - Growth particularly strong in Business Support Division -revenue up 82% to £2.1m (2012: £1.15m) • Profit before tax up 9% to £0.94m (2012: £0.86m) • Food and product safety assistance service has successful first year • Gross cash stable at £2.05m (2012: £2.07m) even after the purchase of the Cape Town building - Only indebtedness of the Group is £0.42m mortgage secured on this property • Interim dividend payment increased by 25% to 0.40p per share (2012: 0.32p) - Final dividend of 0.20p* per share recommended subject to shareholder approval at the AGM (2012: Nil) • Basic EPS of 1.55p (2012: 1.53p)

most folk who make money on oillies are gamblers, no? betting on black and it happens to go their way?

OK..I'll restate my last post...grateful if company could include an explanatory note to show the details behind the restatement of last year's figure between interims and finals

I would not be surprised to see a correction rns...the figures for last year in the interims and finals don't seem to match (look at admin costs)...and the profit from discontinued ops looks too high ...I am not an accountant but I would suggest further scrutiny of these figures would be helpful

yes and no ...I like what little I understand about the value of the prospectivity/"likely" resources/reserves ...but wonder how the CAPEX will be funded...placement?? ...so reckon sp caught at this level...and may drift back towards 15p (where I will flip back in from sale at 25p plus add a lot more...probably)

..

and extra esp dodgy: PINN & BOX

me ol fav GBO! ..CAMK (but Chinese...and you have looked at it, no?) ...DSN (turnaround mode) ...EWR ...NTQ (u have looked) ...EME (ditto) ...GDP (sub 3p...not yet..placement? ...GCO (limited data) ...HSP (but coal) ..KGLD (but goldie) ...RKH ...STI (but goldie) ...STGR (Blue's new toy lol) ...SAL (after retrace) ...TOn ...THAL

lol

not comparable with gbo lol.. ...this sets its own low standards on shareholder communication

I can find no comparators between interims and finals...not cricket!! .. Seriously, though...these accounts are meant for me and other shareholders..they are not management accounts...and should be clear; these are not set out at a high standard (English understatement) imv

us both...so I think forgivable! ...bizarrely poor communication and presentation of results imv

...so I reckon poorly presented...the substantial profit from discontinued ops? Just 25% of linx? Seem v high...not least in comparison to paltry cash settlement ...Since 1H and finals are incommensurate, it is is v difficult to extract 2H implied

still figuring it out lol...and the value extracted from linx poor ...unJolly this morning (sold more than half ...at 19.26p before results as hedge...and at 19p..and at 18p in reaction to disappointment)

n July 2013, red24 announced the combination of the Company's former subsidiary, Arc Training International Ltd ("Arc") with Linx (effectd by means of a sale of Arc) for which red24 would receive in consideration a 25% interest in the enlarged entity. The anticipated benefits to both red24 and Linx of this arrangement have not materialised and consequently, Linx and red24 have agreed that Linx and David Gill, its principal shareholder, will repurchase red24's interest in Linx. David Gill has resigned from the board of red24 with effect from 16 June 2014. The proposed sale value of £375,000 in cash comprises of the carrying value of the investment in red24's financial statements plus legal costs relating to the sale, and is proposed to be receivable in three equal installments (the first at completion, and subsequently on first and second anniversaries of completion). Red24 intend to reinvest the proceeds of the sale in ongoing product development and growth of the business.

EBIT < £1m...and lacklustre outllook

..

paid...and folks aren't selling

lol (only a few months late).. ...and cannot work out why the pre exceptional loss was so high...what are the extra admin costs beyond UFG? Before buying more I need to see what is the run rate EBIT ...cash plus OPM's success plus discount to UFG's prior EV offers comfort here...but I need more visibility to resume my previous bushy tailed excitement