Guys, this company should start to get orders for it's Pne Power and Genlec products from Q2 and Q3 respectively and I expect to SP to rocket. The potential for growth into the power generation markets into which these products are aimed is huge - look at the website to see what I mean.
surely for a leaks equal fines policy to apply, leakfrog or some other metering system would have to be attached to the majority of household and or commercial water supplies in the UK which would be great news for QTI. Thames water weren't concerned I assumed - they've started adopting this device. The great thing about this stock in my view is that they only have to hit a small part of the market to grow significantly so I think to opportunity here is still great
Good luck, GKN is expecting double digit profit growth next year and with a PR of 9, it trailing its peers when it should be towards the front of the pack. The broker target are circ 485p so if you can get them, I think you'll do well. Personnally, I think its either at the bottom or pretty close now
Three directors are buying in to this company as part of the placing with investments of upto £60k. I've seen this company's product on Tesco's shelves this week with a pretty cool looking bottle cooler thrown in. They are clearly working hard to stand out on the supermarket shelves and I can see them doing quite well. I've bought more today at 2.75p - the placing price.
This company is trading on an earnings multiple of 7.3 ish and is growing fast. I would have thought a PE of 12-15 could be justified which supports an SP of almost 100p. I don't understand why the SP has dropped so much - looks cheap to me!!
The statement from John Heron, Managing Director of Paragon, below sets out their position from which we can take reassurance. Paragon freely admits they expect to lend less volume in 2008 than they did in 2007 but this year was a very strong year. “Yesterday’s announcement of record results and record new lending was made against a backdrop of turmoil in the credit markets, which is affecting our business as well as many other financial institutions. Against this backdrop, however, we have secured funding to enable us to repay maturing bank debt and ensure the business is financed soundly for the future. In fact, the next loan we need to repay is not until 2017. Unfortunately, much of the media coverage over the last couple of days has failed to focus on the key messages of our announcement, namely that we achieved record profits in 2007, that the buy-to-let sector has good long-term growth prospects and that we have secured our funding. Having put in place the standby rights issue, this now puts us in a very strong position to provide the platform for new lending growth into the future.” John Heron Managing Director
This one looks like a good recovery stock to me. I've bought at 2.7p. with the US business disposed of, I hope a profitable UK business with see the SP rise significantly. Starting from such a low level, there should be alot of potential of good gains.
I view profit taking from large institutional shareholders as the main issue. With increasing profits and a good pipeline of projects, I see this going back up in the next few weeks partically on the value of the business and hopefully aided by some form of recovery in the general market.
looking at the historical charts, the share price tends to spike with good news although it's been on the downward slope for a couple of years now. I'm waiting for the next spike and will pull out. Forget the chart on this site, it's only good for the past few months. All this will work assuming BLR isn't destined to slide forever!!
The barclays site seems to be slow to bring the buy price down. At 8:35, the bid price was 424p and Barclays were offering 437p. I've had this problem before with them. Not the best service to use with share where the SP is moving quickly.