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I see 16p as the main ceiling, I hope they can move through and then hold the gains. Saying that the FTSE is now at a 4 year high, which I struggle to believe is a fair valuation. But who knows how these markets are moving. Go against sound logic.
I bought in at 18p and at 10p. I will be a happy man if it continues it ascent and even pushes through the 20p level. Perhaps being over optimistic for this year, but perhaps next.
35p would be nice. Sunbed - congrats on having an average of 22p. Bought in at a slightly better price than myself!
I wouldn't be quite so bullish, I am holding these shares from at 2p so I remain to be convinced on the BOD when this was Regen. It has now dropped over 80%. So in someways I am in a fortunate position. Firstly I don't need to sell, secondly I am 'extremely' cynical to the abilities of senior management. It was the supposed products that gave me the reason to invest. If it is the same Brokers as NTOG, well I hope it follows NTOG recent gains. The arabs have a saying, 'In sha allah', - god willing. I hope so!
At least all of us have been honest about our positions and aren't attempting to ramp- compared to some of the other company chat forums. This is not quite as active as IQE, but is refreshing that people are being honest. Ougs I thought I had a while to wait for the SP!! Only kidding, the company is not as 'sexy' as many others, but the potential is still huge. It is not tech or bio, but it has decreased in value phenomonally (don't have word checker) over the last 2 years. Yet order book is picking up, I see this with the rises, and hope continued rise of LAND S and Brit LAND. Granted, separate markets- but is an indication that property as a whole is starting to rec:::::er. Don't want to put the full word in case I jinx. I would like to believe that patient investors are rewarded, later rather than sooner sometimes. But arguably that is why we see these as longer term investments. If you do not require to sell, don't. The question is when this reaches 80p (no idea when) do you then decide to sell???
If this is a sustained recovery in SP for HVE and STY that would be excellent news. I only need to wait until STY gets to 27 and I will start to see a profit. Mid term hold, incremental increases would be good news.
I don't recommend that anyone follows my advice. I have a holding @ 0.60. To be honest I bought as a massive speculative buy. If it came off awesome, if it doesn't. Ce la vie. However, to the doomsayers the company still has valuable land. Dependent on the actual level of debts owed there still could be value. Cut losses or hold,all depends on peoples risk appetite and whether you can afford the potential loss. Good luck all, at least one way or the other the next week should be interesting. Isn't that part of the joy of these penny stocks with dodgy CEOs!
A massive rise followed by a large scale re-tracement. Was their actually any solid facts to support the rise? Just wandering whether the MMs have made a quick buck. Just curious if anyone has contacts in Greece that know whether this company's prospects have actually improved?
If it continues to 25p I break even! Maybe in about 2 years I'll be in some profit on this share. Thank goodness for AMC to counter this.
You are right, the new owner of Portsmouth FC is Balram Chainrai a Hong Kong businessman, his finances are even more opaque than RL's! If Rob Lloyd is indeed going to use the proceeds of the stables as collateral against EFD I hope it can keep EFD afloat. KeithM, boom or bust, I agree with you by Christmas. I just hope for the former.
As many of you are probably aware Rob Lloyd sold his 'prized' stables in Tarporley, Cheshire about 2 weeks ago. This could be good news, as it may indicate that he will use the proceeds as evidence of his commitment to EFD. Or he could use these to buy Portsmouth, and create a rejuvenated Premiership Football Club and leave EFD to the wolves. I hope he sticks with EFD.
I want a quick 18p where I bought in!!! This company is the BEST company in the world. It is so undervalued. I could go on but at the moment I am not so sure.
Chester and Cheshire being relatively small I have heard some rumours regarding EFD. Nothing too sinister but a number of other developers in this area (North West) raise there eye brows when I enquire as to how the strength/reputation of EFD is doing at the moment. I would not advise anyone to buy or sell this company or any others. It is clear that a large amount of risk surrounds EFD though. Unless you are a professional short seller it may be better to observe the company and see how it is doing by end August/Sept.
Completely agree with you. Just wander if this is turning into a friendly takeover by Jenard at 1 pence a share. I like risk as long as it is calculated. If you go with this share at the moment, imo it is a gamble pure and simple. The share price seems to do movements more random than a squirrel doing a moon dance whilst juggling.
Jenard seem to be building an ever increasing stake. Long term prospects are still attractive as long as they maintain working capital. Just found out my younger brother's friend fixes the roof for Rob Lloyds house and stables. I may do a recce and corner the man and find out what exactly is going on with this dodgy yet alluring company! I thankfully sold and will sit it out and watch until end April then may get back in for a punt.
Much appreciated
So far the coy is pulling back well. Been trawling to find out what the announcement tomorrow is supposed to cover. So far no joy, can you enlighten as to what it regards?
C&W demerger on Friday, we attribute 93p to CWW, 58p to CWC Cable & Wireless, or C&W Communications as it is now renamed, will demerge into C&W Communications (CWC) and C&W Worldwide (CWW) on Friday 26th March. We value CWC at $2.3bn, or £1.5bn, implying an equity value per share of 58p and CWW at £2.4bn or 93p per share. The move to the separate models and valuations implies a rise in our current C&W valuation from 140p to 151p. In this report we show separate CWW/CWC valuation matrices, valuation and financials. CWW – former UK corporate, low margin but solid growth in cash flow CWW starts its independent life with improving margins, but a weak cash yield due to provision use, LTIP and pension pay down. Lower cash provisions from 2011-14 could see cash flow grow to £200m and yield to c11% on our valuation. However strong data gross margins must be sustained. At 93p shares trade on 5.3x March 2011E EBITDA, 6.5% cash and 4.8% dividend yield. CWC – former international, better cash flows but fail to cover dividend CWC takes on much of the former group debt, equity value reaches 58p per share on our estimates. CWC plans a large $0.08 per share dividend for March 2011, or 9.2% dividend yield at our valuation. Cash flow rises strongly from depressed 2010 levels (as provisions and pension payments fall away) but does not cover the dividend until 2013. Debt is low however at sub-1.0x headline EBITDA.
As I originally come from Chester I have a soft spot for this coy. How on earth can the principal director of the company consider buying an ailing Football Club (no offence intended to Portsmouth fans) when his own company should/needs his undivided attention. This is either a unnecessary distraction or an unknown opportunity. Does anyone know whether he wants to buy the club through personal assets/means or with the assistance of EFD?