Member Info for petrencf

Poker, I thought the Saudi contract was given to that french company and we are waiting for results of the Dubai tender.

They did not have any concern regarding to debt level (roughly the same) when they set a target price of 290p a year ago. Since that Covid has gone, inflation has peaked, and NEX got a massive contract.

NBP Gas futures have been falling for months now. We are getting closer to the 100p mark for 2024 summer. Still double of the historic gas prices but it looks better every week.

Does anybody have an idea when the results of the Dubai transport tender can be expected?

Happy indeed.

With APP profit PAY could make 42-44m per year in the future, 56-59p per share. Not factoring in any growth. Too cheap right now imo.

Such a recovery this afternoon!

What do you think about this little purchases by Astericos, Trek?

Liontrust has sold 428 shares recently, not a massive loss of confidence. They still have circa 8m.

I think if APP can add 6-8m to the bottom line every year, PAY got a real bargain. SP will be back to 10 in 2 years imo.

Must be a big seller. IGR is falling too after a decent update. THG and ASOS are down today.

So right now the company is valued appr. 1.7-1.8x full year EBIDTA? Correct?

I dont really care about short term movements of the SP. It is a solid business, inflation will drop eventually, and SP should recover. I try to accumulate more if it goes lower.

It seems nowdays slow burners are not trendy, but these portfilio companies have amazing potential, especially PulsiV. If they hit target this can be a multibbagger from here.

Nice intraday recovery.

EBIDTA 9m, MC 22m. Crazy markets.

It keeps falling on low volumes. Annoying a bit.

Actually in a recent podcast he was talking about creative talents from South America who could be assigned for jobs of US markets.

So right now S4 is woth less than 6X revised EBIDTA?

What 25p?