Member Info for MattTheBrave

Slightly worrying......??

Bear essentials?? Bare essentials perhaps? ;) You're right in that posting anonymously can lead people to be more direct, but, a little manners costs nothing as they say. Also, I'll take a bit of 'becalming' in this market!! hny to you as well....

P/Sales fine for early stage developments (though I would argue whether the 13.5 multiple is right/sustainable - might be where it's been historically, but things can change, particularly in a bear market). However, dividends are paid from profits, not sales, so the long term direction of the stock will be driven by earnings IMV. Have you given any thought to margins and profits Dave?

Can't find a date when they were supposed to be released, but note they were rereleased on 27 January last year, so must be soon!

Just a guess JS, but perhaps your personal style is not conducive to others wishing to debate with you. I note a similar experience to Frisby's regarding another stock you have posted on which where you posts betrayed an air of arrogance combined with withering put downs, only for you to disappear when the stock recovered markedly from the level where you were bearish. Of course we all get stuff wrong from time to time, but most of us are prepared to admit it, whilst I think its your style which causes people particular offence. Just my opinion of course

Clearly irony not your thing mate? Anyway, 35% revenue growth per annum over the next 10 years then? Quite punchy?. But what about margins? Will they be generating loads of cash and paying big dividends, or ploughing back into more RnD do you think?

Yes, it's been a lovely slow burner this one, clearly in an area which will grow and become more important over time and will continue to grow. The prospective >30x PE multiple is now getting rich I have to say, but I agree with you that this stock isn't finished yet, and could well represent a tasty morsel for one of the larger software players!

Still sitting on the fence eh Dave?...Come on, tell us what you really think... (ha ha) :-))

Agreed. Bought more just below £19.

...getting back to a decent valuation for this stock. Yes it's a great long-term story, but as I'd said a number of times on this Board, the price move had been so extreme that it had over discounted good news going forward. I think today's price represents a good entry level now for a long term holding. Miti1000, I assume you can use this opportunity to average down your in-price, if of course, you haven't already filled your allocation at £25...........;)

...all moving in the right direction. If it wasn't such a poor day for the market, I think the stock would be back through the £3 mark on this.

...after a transformational acquisition which is earnings enhancing in year 1. Excellent buying opportunity I believe, which I have just done at 71p!

Yep, all moving in the right direction Riv!

I see that Woodford has increased his stake from around 19% to 25% as part of the new share issue. Punchy! (but nice to see he remains completely committed....).

Price will be set same way all prices are: level at which demand equals supply. I think it's 50/50 whether this company ever returns though - fingers crossed!

Jimini, you say at the end of your post that you hope you are wrong, and happily, you are wrong, so on that basis, I'd say everyone is happy.....:))

...to nearly £17 this morning. Someone at Liberium Capital must be feeling pretty dumb................ Idiotic time to downgrade a stock, one day before the interims!

Yep, figs look good. be interesting to see if earnings forecasts for this year are increased on the back of this. Currently , eps this year at 59p, and next year 68p = PE of 26x falling to 22x. Personally I'd prefer to see a growth rate in line with or above the PE so let's see what happens.

just filter him- couldn't be easier. Thanks for the update CJ. I'm somewhat surprised by the share reaction but perhaps Liberium Capital has more sway than I thought. Matt

Agree with your sentiment Mudis - they do have a credibility problem now. Clearly getting funding for mining is challenging for the moment, but what really annoys me, (and I've been posting this view for a year now) is that prior to Mothae, funding was all in place and sorted for Lemphane. Then PM got greedy, and now he's got himself (and us) into a real hole at a time when funding is hard. Poor.