Member Info for NorbertDentressangle

http://www.investegate.co.uk/Article.aspx?id=200901281830594217M

http://www.investegate.co.uk/Article.aspx?id=200901281725004163M

Cheers, will do. Still doesn't ring right on the fundamentals. There is money, and turnover and profit. It looks too good to be true.

That's what I meant. Taking the 0.99p out of the share capital = releasing £1.64m for re-investing or otherwise. I can't see it having a detrimental affect on SP if there are the same number of shares in issue. Worth a punt ;o)

There are already 164m shares in issue so it's not a dilution. I'm probably wrong but would it enable the company to take out original capital of 0.99p x 164m shares = £1.64m leaving them with a bonus or capital to re-invest? Can't see that the SP would be affected since the number of ord shares remains the same.

Building a portfolio so looking long term. Growth from 2007 to 2008 was 30%, so if the same growth can be achieved year on year they would be looking at a turnover of £2.51m in 2011, which is conservative. Provided SP keeps up with t/o then SP would reach 1p in 3 years, representing a 150% increase in investment - beating the banks by 148%. This is ultra conservative though, I'm guessing that we'll see a SP of 15p in 3 years, which would be a very decent return

I think I'll set myself a target sell at 2p. My partner pays £300 a year on contact lenses, plus a pair of glasses for when her eyes are sore. From a fundamental POV, cash in hand is equal to 2x market capital. Gearing is zero. Profit of £1m is equal to 1.5x market cap. Themoneyman asked to find companies earlier that had cash in hand 3 x market cap, this one comes close and has the benefit of making money in a growing market. Nice!

Are fundamentals really that good?

http://uk.youtube.com/watch?v=7t3yjTTJFNI

http://uk.youtube.com/watch?v=85wXSEaY0LU

http://www.investegate.co.uk/Article.aspx?id=200901280758363630M

Me too, in at 38p(ish) a while ago and happy to ride this one. Don't see good news in the economy, gold shares will continue to rise

Lots of rises there in the last few days, might not look unless it settle a bit. Crank alert on PRL

You got these, bud?

http://uk.youtube.com/watch?v=zBnKP19RK8Y

Sounds interesting Dave [says Dave sticking his big nose in] ;o)

Work's work mate. Hope it goes well and watch out for that snow! Off to walk the dog in the rain :o(

Cool, work or pleasure?

That looks ace! Cheers mate

Who dropped a hegy one?