Member Info for Mulder

Results are the same as H1 2021 and would have been better if not for China lockdowns.

The balance sheet is much improved with debt paid down and Debt:Equity now <1 which is excellent.
Predators will be eyeing this with great interest. Multi year lows.

Dividend of AT LEAST 5p

7%+ YIELD

Read has ran out of time.
A bid must also be imminent IMO.
Large shareholders have had enough.

Balance sheet is sound.
Price to Sales <1
How many have noticed this is trading below book value now?

Far too cheap.

As usual FCA short tracker misleading showing zero short positions here.

For the SP to be below where it was in 2016/2017 when sales/revenue were virtually zero and in comparison are now approaching a billion pounds is insane. Yes a price of 880p last summer was wrong but 120p? True value lies somewhere in between these two extremes. MM's having a field day here and as usual FCA do.....?

Floated at 170p in 2016
A very different company now though with revenue £700M last year and targeting another 20-25% growth.
CEO and Pinto own almost 100 Million shares between them. No one can accuse them of not having skin in the game!

?

Seriously undervalued on all metrics; no debt, net cash, dividend cover 4x

Highly probable.

Price to Sales of 1 is considered cheap
Price to Sales of 0.3 is plain silly.

in exchange for a ceasefire.
Reports coming through. Ukrainian troops withdrawing.
Markets rallying.

Commodity prices are crashing
Inflation has peaked
Ukrainian troops withdraw...

.

Are the short sellers aware of the book price here? 360p
Price to Book 0.6
Blatant manipulation again by short selling hedge funds and like Morrisons this will get taken over - only a matter of time - probably within the next 6-12 months

P/E just SIX

.

https://www.thetimes.co.uk/article/homeserve-boss-and-wife-in-line-for-440m-from-buyout-3jtbdfkt9

Weekend press should be interesting. Two sides need to compromise and finalise a deal.

Forward adjusted P/E nearer 23-25 at this price. Checkatrade seeing a lot of growth.

Would be a fool to walk away, especially in this market
https://www.thisismoney.co.uk/money/markets/article-10806275/Former-boy-scout-set-scoop-300m-sale-home-repair-business.html