Member Info for MattTheBrave

Reporting posts eh Charty - well, I'm not really surprised. last refuge of a man who's lost the argument.

North rather than South one presumes....?;-))

...for a competition update!!?? :-))

...the stock back above 220p. Whilst their results contained no nasty surprises, there were obviously a few investors who expected the opposite and were disappointed. With them out of the way, I think we move back towards the 250p level. This still has the comfortably below 3x sales, whereas you might expect 5x if they move back towards the 20% growth rate.

To be fair though Davey, that's exactly what happened in the tech boom - people kept comparing the price to sales of one tech stock with other tech stocks and saying things were fine. The truth was, they were all overvalued and they all collapsed together. Not saying that's the case here, but always best to use some absolute measures as opposed to just relative, and also compare with other growth industries as well.

Hey CHEATED - is that a pun on satellites in orbit?? ;-)) To be fair, the vast majority of investors who invested a small, medium-sized, or large amount in this stock in recent years, now only has a 'small amount'......;-))

Still waiting for your response on the 'Zeneca' accusation WO? Been some time now. Maybe time to simply admit you were wrong? I might at least have a grudging respect for you then .....

Yes - I like a good pint...;-))

To be fair, whilst the stock price is on the high side for the UK, it's not in US terms, and I suspect that we will increasingly be driven by the yanks. Where's Miti BTW - assume he's enjoying this rise as much as anyone (well perhaps not as much as you Davey)!!

Estienne - thank you Sir/Madam, and fully agree with HITS and Tracker posts. At last we now have some rational thinkers who are prepared to stand up to the abusers and bullies on this Board - good stuff. WO and GCC, no-one will take you seriously on this Board until you answer the fair and sensible questions I have posed to you regarding your bizarre 'Zeneca' (BTW, jus a tip, no-one calls it that anymore - the merger was years ago) accusations and stock view on AVN respectively.

yep - back through �40. Stock split anyone.....?

...by someone. Was this because of GCC's bizarre penchant for repeating his own posts perhaps?

Crikey Davey, the big 'C' has played something of a significant role in your family - very sorry to hear it. I guess it helps explain your obsession with a Company which actively fighting the disease, and nice that you can make some money along the way!!

Are you now reporting posts that simply ask you to clarify and substantiate an accusation which you made on this Board?? It's too late for that I'm afraid, your error is clear to all. So perhaps I could ask you again on to clarify your comments tome about Zeneca? (and just to reiterate, for those who say this is an off topic post, I believe that I am entitled to respond on this Board to an accusation which was (also) made on this Board. Moderators, can I please ask you to review the posts below to which this post refers before simply removing it).

No probs confluence. £26 now seems likely given initial HP figs. I'm expecting EPS of around $2.10 for end April 2018 which is about £1.60. I see no reason why the stock shouldn't be on 18x-20x by end Q1 next year which equates to a share price of £29 to £32 6 months from now. So, keep holding would be my advice!!

David - in all seriousness, I'd stop worry too much about daily fluctuations in a mid cap illiquid stock like this. You'll drive yourself into an early grave....! ;-)

Ha ha - yes HITS, exactly. Just how long are WO and GCC going to embarrass themselves on this Board? I mean, they've seen the stock price, right? They've been consistently wrong for years, but for some reason, remain confident in the future? Beggars belief.

Taken the market a bit of time today to work this out, but better late than never!

Market is reacting to old news - the change in accounting, which will bring estimates for this year down by circa 10-15%. But, the accounting change is simply more prudent in early years - longer term it should have no effect, so expect results to benefit a few years out. Win rate higher than historically, debt down significantly (and will fall further with asset servicing business sale). Sure some clients will leave, but way too early to call the end to outsourcing. Stock represents a good risk adjusted bet from here IMO, but you need to be able to tolerate some vol.

Yes, I would also be interested in WO's response here. I have a healthy cynicism where GCC's hunches are concerned, based on his hunch over the past few years that the share is undervalued.........