Member Info for Moreforus

before laughing read the investment research from edison. they give Gas an net present value of 7.5p based on the current projectts. Of course they may well be living in laa laa land but thats what they have said.

again the mms have stock to go at 2.147p..if you want to buy why is the sp up... a bit ? because more people are buying than selling and there is a strategic review due next week - there has been potentially a tax seller who has now finished and mms overhang has been cleared. ediosn last research note in december gave GAS a net present value of 7.5p on its current projects with Afren/EDF and Sonagas - he wrote that is had material upside from the then price of 3p , given we are now 2p...

mms bidding up for stock

at 2.147p...so if you want to buy you can ..not 2.03p but you were nt fast enough (-;

1.638 mill shares traded 200k sells 1.4 mill buys expecting to see blue

fill or kill or work a limit... we just did an intraday reversal and mms have no stock....

you need to be fast in this game (-; now back to flat with 1.1 mill shares bought in the last 40 minutes

too late 3 vs 1 offer is 2,15p now...

the sp dropped as 1 market maker had an overhang of stock - he had 1 mill on offer and the bid is frim at 2p buyers came in at 2.05p and scooped up most avaiable stock. i can buy max of a 100k at 2.09p if you want to buy more you need to work a limit order level 2 has firmed on the bid too was 2 vs 1 now 3 vs 1

it was right 1 year ago

what director buy?

FRP are rated a buy wih a target of 106p ( think)..not sure about the p/e ..its not been clea's year.. remember it's unpopular and unloved .. there fore undervalued - sentiment changes . the question is whether both the funding and the interims will break that sentiment. As the results are next week and tomorrow is thursday sentiment means we won't get the pre-results rise as ..we are unpopular and unloved , hopefully next week that wll change.

stay sharp mms are bidding 1 million today - double last week - normally its 100-250k max - never seen it so well bid - can still buy at 1.85p

there was a 100k sell at 1.6 hence the real offer went back to 1.87p the 400ks were rolls the results are due in 2 and a half weeks

ticked up following 100k buy at 1.87

because you need to diversify away from oilers/miners and its a cheap profit making growth stock in a growth sector. the co is undervalued - the current controversy has made it cheap - it's a market leader that has just doubled in size with the lowest costs in the market - i hope to be proved right within the next few weeks.

as you know a convertible loan can lead to spectacular growth....(-;

there will be both a trading update and funding update this month probablty around the 23rd. i'm expecting to see a nice proifit think people have been wrong footed - i think they'll get either a placing of convertibel debt or equity straight to an institution., this will be a trigger for growth - read the article below carefully. i am happy to hold and if the opportunity presents increase - i think the sp will start to rise at some point over the next 3 weeks in anticipation of the results.

“I see consolidation in the sector as being inevitable,” said Cheetham. “Those firms that do well will be those who can build scale, have good systems in place and who are good at dealing with the regulations.” Steve Kelleher-Brown, founder of Bolton-based Tigersolv, which makes software systems for debt management firms, said the number of cases being handled by its systems was increasing every day. He added: “The average UK household has debts of more than £24,000 and the rate of insolvency is expected to increase by 15 per cent this year. Professional debt companies are helping more people to stay afloat and out of bankruptcy than ever before.”

fordian - well done for finding this:- 06:22 News snippet Fordian 1 View Author's profile | Add to favourites | Ignore | Author's posts 12:00 am, February 22, 2010 Debt group boss seeks investors By Michael Fahy Cleardebt Plc chief executive David Mond is looking to attract external investors to reduce the Timperley-based debt management group's reliance on his personal funding. Mond financed the purchase of Relax Group's assets last November — administration documents show that he paid £4.4m to acquire its debt. Cleardebt then concluded a deal to pay £2.7m for the Chesterfield-based company's business and assets, which had a book value of £6.25m. The payment will go to Mond as Relax's secured creditor. Last week Cleardebt secured a bridging loan of £500,000 firm Synergy Capital Ltd — a Guernsey-based fund which invests in businesses caught by banking and equity shortfalls. It is run by Andrew Fearon and Matthew Hulme and has made investments in firms such as BGlobal, Cantono, Cashbox and Spiritel. The money is being used to meet a stage payment and Cleardebt said it intended to issue consolidated loan notes or conduct a share placing to raise £3m to help pay for the remainder, which is due on March 2. “The only other way of doing it is if I lend the money to the business,” Mond told Crain's. “But it's a public company and although I own 60 per cent, I don't own all of it. So we're looking at different ways of getting more institutions involved, including taking on bank finance.” Mond said that he could not go into further details about fundraising efforts, as the company is due to announce its interim results next month. However, he added that Cleardebt was “very happy” with the acquisition, stating that the deal to acquire more than 2,400, individual voluntary arrangements, 1,300 protected trust deeds (the Scottish equivalent of IVAs) and 2,800 debt management plans had been cash-positive. It had also brought a useful network of introducers to the business. Cash injection Matthew Cheetham, chief executive of Sale-based competitor Harrington Brooks, said that there were investment opportunities in the consolidating debt management sector. His firm received an additional cash injection from its private equity owners Inflexion last week, enabling it to buy back books from a Cornwall-based debt management firm. He said the deal made Harrington Brooks the third-biggest independent in the sector, even though it only controlled around 20,000 of the estimated 600,000-700,000 debt management plans currently operating. Half of these are plans drawn up by voluntary organisations for indebted customers and the other half are run by commercial firms. “I see consolidation in the sector as being inevitable,” said Cheetham. “Those firms that do well will be those who can build scale, have good systems