Member Info for jollyspeculator

a little more like it... ...but NAV is c20p...net cash plus investment property is c6p... ..growing profitability & positive outlook ...not at all bad imv (check the calcs as ever)

looks a little unsustainable.. ...but then I am not holding (and would prefer drift/positive news) lol

Dov Feiner, Chief Executive Officer, commented: "I am pleased to announce that during this quarter the Company improved both its margins and profits, and continued its healthy progress. We continue to see strong demand for our 80GHz line of products and current 2014 shipments and order backlog already show a substantial increase of around 40% over the entire 2013 revenue from this product line. "We have made good progress in the first quarter and the Board is confident that this trend will continue for the rest of the year. The board is encouraged that the outlook for the Group remains positive."

...cheap on discount to NAV & EV/run rate EBIT now ...markets ok ish and management showing some form ...enough to remain Jolly excited here imv

yep...agree with you

...6.75p trade looks mighty isolated

gdp seems well positioned in ok market segment; the new management team is young but sounds plausible/grounded & the Q3 run rate EV/EBIT etc multiples are so low...so 2-2.5/3Ms ...and I like the sp chart ...so let's see how this runs lol

& bye to Justin...tks 4 poppin' in ...pleasure all yours

nice

JustinProfit? ..is that yr message?

no...I am be Jolly naughty...just doing what Pooh seemed good at: nothing

none at all...just didn't want to hang on any longer to a trade that didn't progress lol ...all well? I am itching to load up on cgh...but fancy I might get the chance to buy at some Jolly Mad Bottom

I'll have to stand in for caspar...big shoes/small feet

...perhaps we should recruit dear casper to help fire up the BB?

is the word

as the pooh stories start

multiplying Q3 figures by 4

some progress... ...early days... but run rate multiples here are sooooo v low

that was punchy lol...way overstated, but much appreciated nonetheless Many thanks, Jolly bashful

Well, Dan...EV/historic EBIT is over 10 for starters...c12 (stripping out exceptional profit) ...& MCAP is c1.5 times TNW (stripping out pension assets...that I cannot work out use for lol) ...acquisition looks good but perhaps integration will be harder than expected (cultural or regulatory challenges? or customer migration? or retention issues...key managers join competitors?) ...v interested in yr perspective (have you invested here btw?)