Member Info for jollyspeculator

We have made significant progress as a result of the key strategic steps taken during the year, and are in a strong position to grow in our chosen outsourcing markets. Our focus remains on achieving organic growth in our primary outsourcing markets in the UK, supplemented by selective acquisitions and the development of our integrated business model overseas. Financially robust, we have a clear strategy for the development of our business and are confident that we will continue to build on our strong track record of sustainable, profitable growth.

Strong headline financial performance · Organic headline revenue growth of 5.0% · We are exiting our cyclical mechanical and electrical engineering contracting businesses, which generated margins well below the group average - business closure costs of £22.1m were incurred, with no further material costs expected · Excellent conversion of EBITDA to cash of 125.7% (headline cash conversion is 108.7%), well above stated long-term KPI of 80% (2012: 83.7%) · Net debt at 31 March 2013 of £192.2m or 1.8x statutory EBITDA (2012: £106.9m, 0.8x EBITDA) · Total dividend for the year up 7.3% to 10.3 pence per share (2012: 9.6 pence per share)

russia

now now, bobo...forgive them, they know no other way

would be so sweeeeeeeet

...suspect we will look back at S&P near 1700 yesterday and laugh...why why o why did it get soooooooo high?????

bought at 87.9p... ..EV c£8-9m according to my calc (adj for WC unwindings) ...higher than tnw (c50-70p), but that would be terrific for loading up ...AAOO

here, nicely ...US$300-400m EV (sp closer to £1) would put MML in line with AAZ as strong buy / v cheap imv ...but may never get that low (all depends on our Aussie firends...we r but the tail folks)

yep..the wonders of aim...also avia and stk look wacky lol

...with ftse at 6800??? lol lol lol ...bubble, mate

swinger...but one to watch

...profitable ...aligned interest with management ....growing fast

Building on 2012's strong performance, revenue visibility for the 2013 full year from contracted business and recurring revenue streams stands at £7.4 million, compared to £6.5 million a year ago. In addition to the maintenance base and some early license wins, much of the visibility relates to ongoing service projects; the first quarter saw a lot of activity with new license opportunities from a mix of new and existing customers, which we are now starting to close during the second quarter.

"Overall the first four months of 2013 have been mixed" & the guff on settlement

...somewhere here will be mad bottom...Jolly adjusted tnw (10p)? ....lol (nervously)

..

vol is light though... ...the few 100k purchases at c5p are mildly bullish, but punters are being pretty intrepid following those at 7p with no decent rns imv GL

still too early to tell whether turnaround will work (they had substantial refinancing at 20p remember).. ....(effectively called this Jolly nearly right all the way down from 6-10p ...+/- spikes on way) AAOO

lol

a spike kn... ...still difficult times here imv