Member Info for shbgetreal

The UK is an insane market that hasn't known how to properly value companies since the day of the Brexit, hence the number of well-established small/medium cap businesses trading at 5-10x earnings when 12-15x used to be relatively conservative.

CAML is yet another example: can pick it up at 186 last July (2023), get paid 18p in divis and yet be in a position to rebuy at a 9.6% yield for the same price a year later, in a company that is well-managed and has all the long-term trends in its favour.

Keep 'em coming.

I always wonder about the motivation of those who actively go onto chats to talk down a share.

If they were as disinterested as they profess, they wouldn't be hanging around.

In response to myself, cases against ANX are four NPCOs specifically against Direct Action Management Ltd - I had not seen these previously, will have to wait and see how heavy the orders are (my guess would be not immaterial, but also not too disruptive to ANX financials).

Debt down, but not enough for comfort; that said, housing division coming along nicely, H2 usually much better than H1 for ANX, the proportion of motorcycle-specific cases (c.90%?) bodes well for keeping earnings up, and hopefully next round of emissions cases pay more than the Merc £7m.

A decent wedge of cash can unlock this company; come on Sellers.

Yes no idea where the notion that the cases are against ANX comes from, had not even heard about it until now - Anexo represent the claimants

This share has been trading at a third of its value for a year, and was at two-thirds value for 3 years before that.

The initial drop was covid-induced, and the lack of recovery due to the market's concern over the growing debt pile consuming future fees in a rising rate environment.

However, the precedent set by the first successful emissions case opens the door to multiple similar actions which will provide one-off lump settlements (Nissan, Volvo plus a few others, each in the millions) and go some way to paying off the debt, which is by now easily manageable.

Plus if you look at the growth of the relatively new housing division, which can accurately be described as exponential, there is another lever for future EBITDA increases against what should be a rapidly shrinking debt pile.

Yet another small UK plc that demonstrates the fact that while the Americans, French, Spanish etc. know how to value companies and are cleaning up, apparently we still do not.

Plenty coming out of the company:

https://www.investegate.co.uk/announcement/eqs/chesnara--csn/hardman-talks-video-chesnara-plc-csn-mana-/8247116

If consistently beating free cash flow forecasts is a 'dog' company please show me a 'cat' company.

As someone who works in the industry (not at Phoenix btw) it is 'unofficial' but widespread practice to stretch processes out for the full allowable working day turnaround. Indeed, one of the reasons I hold PHX is precisely this; quick on the in + slow on the out.

However, as SlowNSteady pointed out, complaints departments, even Phoenix's, are generally prompt and efficient (in my experience) and will prefer to solve your problem with a timely recompense (if due) as long as you follow the guidelines.

Buys/sells have been consistently 2:1 on this company every day for about 2 weeks now, yet the price continues to slide.

Makes no sense.

10% pa = 114% TR over 8 years with zero capital appreciation required.

With PHX generating buckets of cash (beating forecasts I should add), near to its 11-year low and demographic trends all working in our favour, and with nothing other than a general feeling of 'there might be something we don't know about' (t'was it not ever thus?) holding this back, looks a pretty reasonable bet to me.

A lot of folk using terms such as 'bond proxy', referring to investment cycles and other gibberish, fail to note the free cash generation, diversifying business strategy and favourable demographic trends currently on offer for a very cheap price with PHX. The 10% divi is just a sweetener.

Try focusing on fundamentals rather than sales guff.

Going by Robina's post history, I don't think those were genuine questions i.e. understanding why share prices generally rise vs interest rate reductions is a far simpler concept than those they appear to talk fluently about on other boards.

You've been declaring impending cash calls on a lot of companies recently - multi-sector insider with info that no one else has, or roving gob?

Except most of it's not mark to market.

Noises emitted by crying shorters...

You been short n wrong for way too long to ever be taken seriously.

Didn't you announce PHNX was done for back in October, around 521p?

Same for LLOY, when it was around 40.

2,554 Buy this morning showing as a Sell