Member Info for lemmink

Balance sheet date 31/12/18

Total assets per share - £18.07 (comprising £5.12 intangible assets, contract assets of £2.82, other non current assets of £2.55 and the rest looking like normal working capital assets imo)

Capital and liabilities per share of £18.07 (comprising £4.40 shareholders equity, Borrowings of £3.94, trade & other payables of £8.05, contract liabilities of 77p, Provisions of 57p, retirement benefit obligations of 31p, finance lease obligations of 3p and minority interest of negative nearly zero)

Comment on whatever .... aaaarrrrggghh! ... very easy to imagine the worst or very bad stuff or bad stuff ... imagining better seems a tad challenging.

Like throwing money on a fire...

Bought 1k @ £1.34 ish ... holding 3k

this is a bloody fuck up! ... holding 2k at an average of £1.87 ... i did a bit of research a couple of days ago when this was around £1.60 - £1.70 and thought woah - i better stand off from this for a bit ... then i saw it going up and got all jealous ... missed boats an all that ... so i bought 1k just to shut the green eyed monster up ... it carried on going up so i bought another 1k ................. and now this ... £1.30! ... could have been worse ... could get worse! ... the tempting thought for me with this is that i think all the effers have to do to make this company seriously valuable and stable is put their bloody prices up by 4% ???

Sold 2k @ a little under £2.34 each - P/E ratio 15 - 16 possibly fair? But a little too rich for me.

Holding 240k

Bought 15k @ just under 60p each ... holding 250k -- painful

Property of £86m other assets of £47m (including £20m cash) gross debt of £57m - i find this share irritating ... NAV of £43.3m - minority interest equity of 12.3m so other liabilities types stuff is circa £20m net

Sold 2k @ a little under £2.44 ... holding 7k - a pity the rest of my pf is not doing so well

Doing surprisingly well - still in the 90’s ??

Bought 3k @ £2.072 ... holding 9k

underlying eps looks like circa 14p maybe 15p --- 5 year growth profile quite uniform - roughly doubled eps over the 5 year period.

Hi Jolly, no idea - I didn't buy enough to slice & dice - happy to let it ride along with emr - might get round to looking at it closely one day - thanks again for the tip

Bought 4.4k @ £2.03 ish including dealing costs - holding 6k -- opportunity?

Bought 25k @ just under 65p ... holding 225k - must be at least a little bit cheap at this price? - brexit long grassed for a while?

That didn't quite go as well as hoped - spent a few minutes this morning trying to sell - then tried to buy some more and couldn't - then read the suspension Rns - now in admin?

Bought 75k @ just under 2p holding 200k - gotta be worth 3p ??

Sold 900 @ £2.82 ish ... holding 1600

Not as bad as Fxpo (Swiss 35% from memory) - still it's a bit annoying!