Member Info for KaChing

It’s probably easier not to be bothered when you know you are only a phone call away from a discounted placing to help with your average …… it’s a pity all shareholders are not treated equally! The negative current assets can be traced back to the GC acquisition (I know I’m like a broken record) ……. let’s see what the balance sheet looks like when the interims arrive.

Cheap, reduced debt and an EBITDA P/E of less than 5 .......

More mopping going on

Are you holding on or are you thinking of selling

Ian …. why do you think there will be no loss? This company doesn’t make profits, it’s never made a full year profit. It has positive EBITDA but that doesn’t fall down to the bottom line as a profit! and it keeps on burning the cash, as far as I’m concerned it needs to raise some cash, the company says otherwise …… In 2013 it had EBITDA of £600k yet made a loss of £900k and made no free cash, does anyone think that 2016’s EBITDA forecast of £500k will result in actual profit and more importantly free cash flow?

It tells me that he knew it wasn’t a good idea buying a chunk at 8p to 9p or above, the cash flow here has been bad ever since his previous company was bought by APC, it’s a drain (no pun intended) on cash resources. 26% discount tells you what those asked for more money thought!

they needed cash, the company said they were ok, the balance sheet didn't lie

The price is rising

Keep mopping up the free float!

Decent buy before the Feb update (I'm presuming there will be one)

Not sure this site lets you view the link but just post share prophets .com (all one word) in the web bar then look for the latest bearcast http://www.*************.com/views/18505/tom-winnifrith-bearcast-4-feb-accept-it-facts-change-and-what-to-make-of-plethora

Just listened to the TW bearcast and he reckons that he thought placing coming until he talked to the company and apparently he believes them when they say there is no placing coming and things are ok No interest myself so I’ve no idea what’s going on ……

Bought a few today, possible positive trading update due. They threw off an undiluted Free Cash Flow of 1.5p per share in the first half (15p on a P/E of 10) ….. keep that up and I won’t mind having some of that cash in the form of a Dividend which seems to be what will happen now they have done the capital reduction.

Brave Bear!

bigger nibbles

Yeah, still holding the line, pity it wasn't at a higher price but we can't have everything

As well as throwing off £1m in free cash flow in 2014 R4E managed £500k of free cash flow in the first half of 2015 …… just saying!

little nibbles.

2.5p to 3p would be a good return from here given the refinancing, they have thrown off free cash in the last few years, last year saw £1m in free cash flow which is impressive …… as we know not many on the AIM make a profit never mind generate free cash I was convinced that the 1p placing shares would drive the price down, but they haven’t as yet so I decided to take the plunge now, I’ll try getting a few more if it drops.

I've just had a little dabble after waiting months as it does look like Gate are going to hoover up the loose shares