Member Info for SlickMongoose

Full year EPS forecasts look too low. Shore have 23.7p vs the 10.3p in the interims, that implies H2 EPS of 13.4p vs 11.9p last year, growth of 13%, but EPS grew at 67% in H1! That would imply a big slowdown in revenue growth, or significantly reduced margins.

I don't think the operating leverage in the business is being accurately reflected in the forecasts, they're just going by revenue growth = profit growth, whereas profit is actually growing way more quickly than revenue.

Space Marine 2 seems like a huge hit.

Share price up 1%, obviously the market loves Zigup!

What's wrong with that? Is the Western world not allowed to defend itself? With Russia invading Ukraine and Iranian proxies attacking shipping in the Red Sea we need more defence investment, not less.

Things that weren't in the trading update, as far as I can recall, are the good cash performance, the big increase in the ordinary final dividend, and the strong outlook statement.

My guess is the fall in forward power prices as gas prices come back down from the crazy highs of the last few years.

There it is... maybe they saw my post.

Https://www.trig-ltd.com/investors/calendar/

Q4 dividend announcement was supposed to be today?

Last year's update was the 1st of Feb.

Hi Tony,

If these options vest based on the various performance targets being met, then the people who receive the options will have to pay 11.3p to buy the shares. So the options will be worth the difference between the share price at that date and 11.3p. If the share price is lower, the options will be worthless and will be allowed to expire, so no cost to shareholders. If the share price is above 11.3p the options will be taken up, management will make money based on the share price difference, and shareholders will be diluted by that amount.

Hopefully that makes sense.

" The exercise price of the options is £0.1130 per share"

So completely worthless at the current share price. They'll only be worth something if the share price goes up. Seems like a massive overreaction.

It makes no sense to me but as long as they're buying back lots of shares rather than doing silly acquisitions I am very happy for the share price to stay low.

What a company.

Doesn't Rusty have about $25m of his own money in the company? That's a lot of money to wipe out in bankruptcy.

JDCBC, I think you're absolutely right about interest rates. DEC paid $59m in interest in the 6 month compared to $33m in the 6 months last year, which is a hefty increase.

Is there any withholding tax on these?

Solid I thought.

The whole market was down this morning. Maybe PETS were expected to do slightly better than the trading update but it all looks fine to me.

LGEN is a more diversified business than PHNX.

Even if the Q2 profit of $2.6m continued that's still a p/e of about 11 which is not crazy. The market is forward looking and Q3 is looking a lot better at the moment. High levels of capex are making the net debt situation look worse than it should, hopefully that capex pays off going forwards.