Member Info for lemmink

Page 27 ... Balance Sheet appears to have been written down to £47.3 million using closing rate (0.857 GBP = 1 EUR) as given on page 29.

Points of interest to me ... Page 4 -- "Bullet point" saying "Refinancing Q4 2013 / Q1 2014" * Page 12 -- "EPS Profit Bridge" ... graph type thing suggesting underlying stability of some sort?? * *** General Comment *** Not given it much time & attention ... The document looks potentially useful and concise, but does not feel immediately consistent and trustworthy to me.

http://www.mecom.com/media/32417/2013_half-year_results_presentation_v2_-_doc_b.pdf * Very bored with trying to trade the technicals! ... Sat on the sidelines now thinking a little research may be in order?

Hi, I would say if it were my trade ... poss chrisc32 ?

To BUY [10k=22.5p, 50k=no offer] ... To SELL [10k & 50k=22.05p, 125k=20.25p]

Circa 1hr of skim reading various stuff ... 5.2 million A shares (DHWHA) and 3.3 million O shares (DWHT) = 8.5 million shares (all same bar voting rights imo). 2012 PE ratio 7 (using current price £3) Outlook (AR 2012) grim and balance sheet written down in anticipation ... Current NAV circa £2.50... 2013 interims-- Hit to profits materialised 2013 forecast EPS (mine 1.85 x H1) = 26p ... debt free and cash per share currently £1 ish. *** Products *** Not butchers! ... The group makes key pads, buttons and stuff for ATM's Lifts and Train doors ... Not sure whether touch screen tech developments are a threat? or something the group can offer also? *** Point of main interest to me *** I think DWHA is trading off a PE of 11.5 and DWHT is trading off substantially higher (cant remember current sp £5 ish?) ... can't see myself becoming a buyer, because I worry profitability may fall further... Does appear to be a very well run and trust worthy outfit though.

The action group has a public facing website now ... http://www.hibu-shareholders-group.com/ ... Its a pity the shares are still suspended ... someone might otherwise be willing to offer 0.6p a share plus on seeing that?

Small blue 39p ... Big black 39.5p ... 2 x Small red 39p ... Small blue 39.51p ... 3 x Big black 39.5p ... Small blue 39.755p ------ Big trades were for 200k then 50k, 50k & 100k ... ??? ... 200k churned ??

Thanks for noticing I'm in CHAR ... A bit early for congratulations though! ... I see your keen on some kind of high growth tech type stock, can't remember its name? ... Is it any good, or is it too expensive for the likes of me?

Without earnings there can be no dividends. With debt at circa 35p a share, a falling EPS could mean no dividends ever? (shares worthless). With EPS stable a long wait for small dividends is on the cards (5-10 years for 2p-3p a year?). With a rising EPS perhaps a short wait for larger dividends (3-5 years for 3p-4p say?).

Underlying EPS vs Debt per share is the best measure to use for this share IMO, but key to the valuation is whether or not EPS is trending upwards, sideways or downwards... If people would only start believing it is possible that EPS will exceed 8p within 3 years then the debt pile quickly becomes trivial, and an SP of 80p in 3 years time quite reasonable ... Then, lol, perhaps I could shift some more of this at better prices soon!

Orders (exp 01/11/13) set to sell 7.5k @ 24p & 25p ... holding 320k ... Busy day today, we seem to be on the top risers board, which I don't think has happenned before in the last couple of years.

10k sell order filled at 21.27p (showing as a buy) ... Able to sell 50k @ 20.5p

Limit orders (expiring 31/10/13) set to sell 10k @ 21p, 22p & 23p ... holding 350k

Hi, correct! ... extremely pleasantly surprised ... 20p sell order filled ... Are you the buyer? ... If so, many thanks!

Able to sell 25k for 18.25p each

Sold 10k @21.2p holding 10k ... could do with a few more bullets really ... looks like it might fly off?!

holdings RNS from 2 days ago Aberforth appear to be the buyers (paying 40.75p, my guess) and holding 12% now * http://www.aberforth.co.uk/about-aberforth.htm * value style very diversified ... rebalancing?

Limit order expiring on 24/10/13 set to sell 25k @ 20p

Sold 25k @ 18p holding 375k