Member Info for jollyspeculator

tend to come in bundles..so I'll be observing the moggy bounces from the sidelines ...this was one of the most sustained overhyped sp (post dot com crash) ..so when the blinkers come off ..and with the Emperor revealed... the hangover could take some time to pass

Whilst our profit performance for this financial year is not what we had hoped for due to an unusual combination of factors, our accelerated investment in technology and infrastructure to support our £2.5bn sales ambition is progressing and capex remains within guided levels. All customer metrics - active customers, new customers, order frequency and units per basket - are positive and we are totally focussed on rolling out the ASOS business model globally as the world's leading online fashion destination for 20-somethings."

game, set & match

give it your best shot...these characters from COMS turning up to dis PINN ain't on

perhaps you are right..the difficulty is valuing the equity...if on historic cost basis, you are right...if you mark to market it become the inverse of my favorite EV/EBIT ...for assessing moat like qualities, you version makes more sense...and I would look at gross and operating margins over time as well

better GET YOur CAPS LOcKEd oN 4 2MoRROw

still too early to buy back in imv...Iron Ore horrible

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is the capitalised spend..usually in the second section of CF in accounts ...the D & A charges are high here.. so EBIT understates cash profitability

yr time is here again ...bit like 2010 with this fever for oillies... ..but more cautious types would do well to reflect on elite's post earlier today

recommended

& 3 or 4 gap years to boot lol

..strange dark pools or alternative platforms...whatever...the future's bright says Father Ted...didn't he?

don't know...learned on the job after master in finance in the 80s (one of three masters...don't ask lol) Jolly three degrees

that was old rnvo which did clever bio stuff ...this is the new rnvo (really UFG in disguise) ..Ultimate Finance Group are proper pukka lenders to SMEs ( a bigger version of one of my favs, OPM) ...UFG used to trade on higher multiples than OPM...now that is reversed ...unless UFG has hit the buffers, why??? ...my rambling thoughts are that few follows RNVO ...and that the old shareholders want out...hence cheap entry ..available while stocks last

I'd estimate EV of c£15m UFG's profit at this level was £0.7 million since its acquisition in September 2013....so c£2.5m annualised ...OPM is on way high multiple

I would say this is fairly valued (and 70p overvalued) but i like the little i know about the ceo and have enjoyed trading in this range

and conclude: BUY BUY BUY (ramp of week...last week was LOND...so watch out)

30 May 2014 Renovo Group plc ("Renovo" or the "Company") Director's Dealing Renovo (AIM:RNVO), a leading provider of customer-focused financial solutions to SMEs, was notified today that Matt Cooper, Non-executive Chairman of Renovo, purchased 3,000,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 16.0 pence per Ordinary Share. Following this transaction Matt Cooper has a beneficial interest in 4,565,038 Ordinary Shares, representing approximately 2.1 per cent. of the Company's issued share capital.

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