Member Info for Libero

Why the dramatic fall? This is looking dirt cheap

Forward ratios based on HY 12.3 or 9.3 P/E ratio 14.5 or 10.6 EV/EBIT ratio Depending on whether actual or percentage increase is replicated. Considering strong H2 outlook this is looking v good!

http://issuu.com/aimprospector/docs/201408_issuu_ap Pe of 15, dividend of 4%, historic EV/E of 12.5 therefore needs further research but looking cheap Oh and near year low!

http://issuu.com/aimprospector/docs/201408_issuu_ap

http://www.shareprophets.advfn.com/views/6987/creston-19-ahead-on-this-share-tip-but-far-more-to-go-for

http://www.shareprophets.advfn.com/views/6949/buy-begbies-traynor-at-a-53p-offer PS also a big fan

Once I'm back next week :)

Patience never hurt. I'm confident this will re rate nicely in the latter few months of this year :)

http://www.iii.co.uk/articles/183804/four-small-caps-primed-outperform

http://www.iii.co.uk/articles/183804/four-small-caps-primed-outperform

http://www.stockopedia.com/content/small-cap-value-report-pmp-hyc-cre-rhl-bon-85088/

Bitethebull - ah that explains it. Holding 1% of a company is impressive - you could end up becoming a millionaire if all goes well. Good luck to you! HappyTom - Check out my posts on the 17th June. I have done a fair bit of research into this so I know lots of airlines are looking into this sort of thing. Unfortunately I also know that DSN has competition too though so ... Jolly - nice to see you're in. Let me know if you build your position further. Riddler - As am I. Likewise, let me know if / when you buy in

Bitethebull, you must have researched this company to bits I'm sure. Happy tom it sounds like you have too. So could you give me your thoughts on the business itself and the prospects of densipaper etc? Because I'd like to know more before investing, and it'd help me sleep easy if I knew there was enough going for DSN so that - if BA do not use DSN's bag tags - it's still a decent investment. Btw - Bitethebull - I feel for you investing during the dot com boom. And to think I was unlucky to have started investing in October 2013 (5 mins before the end of the party but in time for this slump). Well done for averaging down like crazy though, that's really impressive!!

Well played! And btw I was just joshing before that your holding was so large that when you sold the share price fell a few percentage points lol Out of interest when did you first buy in? Was it after that stellar acquisition? And does your EV/EBIT ratio take the acquistion into account? An EV/EBIT of 8-9 is pretty damn good / cheap in my opinion considering the market average is far above that surely.

Let me know if you buy in JS - I take it you're invested here? Riddler - Are you? I may be joining you soon, albeit with a very small amount due this being super high risk

Your profit taking? lol

Great update today where it was confirmed that AEO are working on some high profile events, and have started work on their 3 year contract with Cannes Lions aswell as secured some contracts with companies in the financial services sector. Along with the announcement in April that AEO have secured a 3 year contract with a technology company worth £2m this is very promising, for a tiny company with revenues of £3.99m in the 2013 FY! Both the forward PE ratio and EV/EBIT are looking cheap (8ish and 6 to 8 respectively), and when you factor in the fact this is a high growth company where profit before tax will grow 40% – 90% this year (40% as confirmed in April RNS, 90% based on my conservative upper estimate), those multiples are mouth-wateringly superb Additionally the company’s cash exceeds their debt. Today they confirmed that they still have £1.5m cash in the bank equalling over 30% of the MC So, in summary: 1) AEO is looking very cheap 2) It’s balance sheet is superb with cash exceeding liabilities and equating to 30.5% of MC 3) The company has announced contracts worth over 50% of last year’s revenues in the last few months, and the outlook seems very confident 4) The company seems to be going through quite a transformative period, it’s growing very fast and this shows no signs of slowing up The sentiment isn’t there at the moment but I truly think AEO is a bit of a gem really.

SDM – The acquisition announced today looks very good. Their adjusted profit before tax is £1.8m on revenue of £42.2m = 4.25% margin. The business they’ve just bought made £0.9m profit on £6m revenue = 15% margin which is far better and so this is clearly an immediately earnings-enhancing acquisition …and it’s been done at a good price. £6m up front. An addition £2m in 2 years’ time if certain conditions are met. So they’ve bought the business for 6.7 to 8.9 x EBIT which seems pretty good to me. Additionally SDM’s recent trading update said that they were trading significant ahead of the same period last year. Therefore profit before tax will be about £3m and that’s being rather conservative. If that were the case the PE would drop to about 9.2 and the EV/EBIT to roughly 10.5 and, from the huge increase in PBT will flatter SDM’s growth rate / make them look like a high growth company, and so there’s a serious opportunity there. Thoughts, anyone?

Cash received today = the MC and... the TNW before today was £12.6m (above the MC) so after today it is £24.85m - way higher than the MC! Probably now needs further research but that's a rarity to see that!

http://www.whichinvestmenttrust.com/favourite-shares-hendersons-neil-hermon-loves-cakes-patisserie-valerie/?utm_source=rss&utm_medium=rss&utm_campaign=favourite-shares-hendersons-neil-hermon-loves-cakes-patisserie-valerie