Member Info for Mulder

Still holding all my shares here. EDF nuclear sale possible and talk of a 20p special dividend from it.
Narrowing of customer losses, rising oil&gas prices should also help + cost savings.

Yes DEB has been badly run and needs a new CEO. Even with reduced EPS the P/E is now ridiculous at 5.

In VOD, BT.

If you fancy gold/added risk consider PAF trading on a forward P/E as low as 3.

SAGA, PHTM, LWB are other suggestions.

Can anyone clarify the correct number of shares in issue - company seems to say 1798M shares but websites are saying 2234M shares

Either way NAV is a minimum 10p.

So again a large discrepancy between JSE and LSE.
Closed at 7.43p equivalent in SA.

Only 10 trades here all day!

So current market cap is £170M yet the property, plant and equipment alone is listed as £264 as of H1.
NAV/book price is also well north of the current SP.

As for dividend I doubt there will be any this year due to the Evander redundancy payments. A further placing should be averted however and unless management messes things up Elikhulu should be bringing in minimum £20M annual profit from August if gold price stays above $1250 and no major currency fluctuations.

FCA have totally lost control. Markets are UNregulated.

Huge spread again. Trades going through below 7p again. Madness.

Yes debt free soon remember with rising revenue and profits. The market usually goes manic over any Growth.

Finished up in SA and equivalent SP is 7.1p so not sure what has been going on here.

What are your views on this? Strange that trades have been going through above 8p just a few days ago?

Please post the full article. No new news that I can see to explain 6.5p again.

Awful performance.

RSI approaching the 20's.
Fall overdone IMO.

The minimum anyone would have to be would be the book price + 20-30% M&A premium.

Verizon have a market cap > $200Bn
Vodafone £50Bn/$70Bn

I worked out a couple of months ago that with Elikhulu (August start up), no Evander (tick) and Baberton/BTRP full year profit excluding exceptionals could hit £50-£60M next year giving a max EPS of 2.7p

That was before the rand weakened as well.

If achieved forward P/E is now sub-3.

Closed at 7p today!

Book value here is closer to 230p.

CEO needs to go though ASAP.
Bucher has just butchered the share price - 55p to 15p under his 'great' leadership in just 18 months!

New CEO, new strategy and the SP/company can move forwards again.

Don't see the need for a rights issue when the company is still paying a dividend and making profits not losses.

Even with the reduced profits the P/E here is getting ridiculous.
For the current year we are looking at a P/E of 6; with the £20M cost savings for next year we could be looking at a P/E of just 4.

Who is/are 'we'?

Another name I like which has made a few recent comments is Saga (SAGA), the travel-insurance combo whose customers are at an age I might get to in a decade or so. I loved it up HERE a couple of months ago, since when you have collected some nice dividend income but not much else. The AGM trading update is nicely in-line, with good insurance underwriting and cruise ship ticket sale comments balanced by some competitive insurance market observations.

Full year numbers were reiterated and I remain hopeful of a 150p+ share price. Aided by a near 7% dividend, that's a cool 20%+ appreciation potential. I am still a buyer...even if I don't qualify yet for its classic corporate offers!