I owned FTE - sold at a loss just when all the resource stocks started to go south - it trades on sets which hate for low volume illiquid small caps!! I'll look again but been bummed once!
CLEA nothing special except it's very very cheap - it's fallen from 3.5p to 2p and eps is meant to be 0.5p this year to end of June 2011 (3 weeks...). Ie current p/e of 4 and eps next year is meant to be 7p...
It makes money and is predicted to make more - not looking for oil or trying to get a gold processing plant to work on the edge of the world..it's doing it now and reinvest for growth...
bbc breakfast food inflation highest for 2 years...
this stock is so undervalued its a joke
in the tech bubble companies were trading on FORWARD p/e's of 50-100 of next years earnings if their product was launched - today we have a company MAKING money trading at a CURRENT p/e of 4....
totally bonkers
1.very very outside chance of a trading statement after the end of June
2.if not I reckon there's a good chance the results will be out in august.
it's worth reading the note again - it came out as a direct result of the frp news and was written with full cooperation of the company - it could be seen as their unofficial trading statement.
I would say that frp with an aim over correction across the board has allowed a stock to trade down to a p/e of 4.
From the note
We think that ClearDebt’s current share price should be at least 3.6p, and
preferably 4.5p, which is double the current price.
keep the cash for reinvestment in more backbooks...
yes it is madness but its a buying opportunity - the 500k sell was probably related to FRP..read the latest note -
of course it's a bargain until we get the results or a trading statement affirming that they are on track!
Hard at work - did you read the note???
Buffet said wealth transfers from the impatient to the patient - prices are pancake across aim, but they are cheap relative to value - during the tech bubble stocks were trading at 50-100 times forward p/e's - people lost a fortune.
Now people are fearful about buying stocks trading at discounts to cash, nav and current trading p/e
So buy value now with cash as fear is a premium and value at a discount!
What unexpected thing are we expecting!!
The plant is built and working - check out NVTA for some unexpected bad news...
we won't have that shock
I think as a first step is a brokers note as at least we get a target ...
Gartmore have 10p warrants which expire at the end of this year
Lots of aim stocks are down no 50% or more on pure investor appetite so all stocks are now long term!!
I think it's just kick back and enjoy watching Murray get beaten at the French open and Wimbledon, and then enjoy the summer and some kind of normal risk appetite and volume will return come autumn andthe year end.
read the results, look at the chart, read the out look - this was last rated as having a potential EPS of 2.1p ...ie fair value was estimated at 21p , now it;s only 5p to buy and Gartmore took 1 million gbp worth in January at 6.5p...