Member Info for sonofelvis

I totally agree. They are getting world class venues with great footfall. At £3 per session which is what the CEO said at Shard's presentation & each session lasting say 10 minutes, with 16 units, can anyone guesstimate the 50% share of the revenue. With getting on 300 units out there, it will be in millions. 300 units is tiny compared to the potential. As you rightly say it is below the radar, but give it 6/12 months when the numbers start coming out, I think & hope the share price will really perform.

With Kestrel showing £32.6 m royalties in calendar 2018 & expecting a 40% increase in output & a full year from the other newer sources & possibly other additions in the current year, I would hope the net income ( & dividend) to increase very substantially subject to commodity prices which look good at present.In simple arithmetic total royalties could be over £60m provided Kestrel up production 40% for the whole year.
Does anyone have any views on current year profits etc.

Oh dear; I thought I was in at 265 was really bad.If we ever hit 629, come down to Dorset & I'll buy you a drink or three.

Yet another reason to buy & hold Bilby. It is paying a maximum of 1.4m for this company if it makes 500,000 pretax in the year to 31/12/18 i.e. in 5 weeks time, so should be within sight against 158,000 only in the year to 31/12/17. That,s arise of 200% which is some growth. So it is buying for under 3 times pretax profits a substantial company with some 125,000 of tax losses thrown in.An absolute bargain, further reducing Bilby,s March 2019 P/E to even lower single figures.Our interims must be any day as last year's came out November 20th. Hopefully we will be back into the 120,s where we were quite soon but still extremely cheap.

Saw Simon's article online several hours after it was released & had to pay 90.7 for 10,000 shares( it was shown as a sale in deals done). His target price is 165p, nearly double the 85p earlier this a.m. The forecast P/E was 6.5 at 85p. That is a crazy rating for a company really growing with sales up fivefold in past 3 years. When the year end results were reported, there were some huge new contract wins throughout the enlarged group. Gross margins were up from 17% to 22% for the year. I would think that increase would apply for the whole following six months. With an order book of £275 m, the future forecasts look assured.I would expect the first half to be way up on 2017 & the Northland forecast to be exceeded.Having sold my original holding at 137p to reinvest elsewhere, I now think this is the cheapest share I have ever looked at in 40+ years.

After the results I listened to a ten minute interview with the chief executive on the results. The key point is Kestrel whose volumes doubled in Q2 over Q1. Presumably Q3 & Q4 will be at this higher rate. Julian made the point that following the RTZ sale, the new owners hoped to further double the output in the next few years, virtually all in their royalty area. He went on to say he hoped some of this increase might start in Q4.
More pertinently he said they would be making THREE more acquisitions before the year end & they had very strong cash flow. The last two times they announced an acquisition the shares moved up quite well. To announce the acquisitions at this stage must mean they are well under way & not just possibilities.
Also the vanadium project is making a big profit up 165% this first half year & with prices at a record high I guess will continue in Q3 & Q4. He did say they would look carefully at future acquisitions & not overpay as they wanted to diversify so they weren't so dependent on coal.
When asked he said future dividends would be increased for the shareholders in line with the increased earnings.
All in all a very bullish & carefully presented interview.
My own view having first bought APF at 80p well over 3 years ago & sold & bought more since, I can see the price rising substantially as the dividend could rise further to show a yield of well over 9% in the next year or so. The rise from 80p in over 3 years is quite modest & with the acquisitions & much higher dividend, the shares are almost certain to rise a lot more in the next 18 months.

I'm afraid no amount of research would have revealed this 35% crash. Only three months ago the board were saying how good the order book was.The cash position was & still is exceptional.I am wary as often profit warnings come in two's or three's It sounds as if the major technical problems on two big contracts are still not fully resolved.
Simon has an excellent record.At the same time as recommending Mpac,He also strongly recommended Bilby which I have held since it's EIS quote for over three years, which has doubled in that time.

When are the results due? Last year they came out late June. We had the good statement over one month ago. i would have thought with the hopefully excellent progress we would have had them by now, 3 months after the year end. I have owned Bilby since they floated & just hope the delay won't be due to some loss somewhere as is often the case with other companies.I
I rang the company 0300 number which just said this number is not accepting calls at the moment which is odd.

Hi there. Join the club. I guess I'm luckier & only need Reneuron to go up 200% to break even. Val needs to go up 1500% for break even- unless my calculator doesn't go to that many decimal points.

Yes. I hope you'll be able to change your name to million dollar- investor. I will remain son of Elvis & have a new flat coated retriever puppy coming in 6 weeks to be called Elvis- My previous flat coat was called buddy.

The song says it all. I just have to hang on for 3 years so as not to hand back my �1800 handout on the IPO from the taxman. An added bonus is that any gain is free of capital gains tax. I first posted only two weeks ago after the near 40% rise to 14p; it's hard to believe it's a further 70% up since then.

I got an email from Shard & Co my brokers through whom I bought the shares when they were Noricum Gold in January 2016 & bought & sold more since. They are having a presentation May 17th 5.30 p.m. with the 3 main directors in their London office so hope some up to date info comes out from that. Anything of significance will have to be released. So here's hoping.

Thanks. I recommend every shareholder to watch this video presentation. With Apollo 11 costing E100,000 & making E1.2 million to date & still increasing, these are amazing numbers. With Titanic coming out imminently the revenue figures when VR first report will I hope give analysts some real figures from which to project future sales & profits.After watching the initial IPO presentation as well, literally the sky's the limit. Getting 30% of your investment back in tax was an added bonus. Being a chartered accountant,I love getting money back from HMRC.

I checked online & it says Fishing is the biggest participant sport in the UK although bowls is bigger. Trouble with bowls once you have bought a set they last for years & that is all you want. I went to a huge sports outlet in Florida & they had over 5000 different rods they claimed. I am a great fan of Angling Direct & pleased to have bought at 64p float on brokers advice. I think they have a long way to go if you're patient over the next few years.

Have been a holder since the float & taken some good profits over past couple of years. Now topped up back at 61p. In January 2016 t touched 162p & is in a much stronger position now with a load of long term contracts. This next year's P/E ratio will be in single figures so I hope 162p will be surpassed in 2018. Happy New Year to all holders. This is a low profile brilliant share.

Another plus must be the tax losses accumulated over the past few years which way exceed the total capitalisation. Difficult to work out with the big finance credit, but worth a lot of money when they start to make real profits.

I admire your style. I am in for the medium term. Just hope it doesn't go the way of Buddy Holly's song- You Know Love's Made a Fool of You.

Likewise I doubled my holding first thing. The new year just started will benefit from over 300,000 properties in the portfolio up from 260,000 in the September report. The cash position is hugely improved. The September statement said that since October 1st the company had collected over £5 million in outstanding debts, so with the six months normal positive cashflow the net debt in the September statement of £6.9 million will be hopefully almost eliminated. Being a great optimist the company will benefit from the deferred contracts from last year & a full year of integration of the two big acquisitions & their natural growth plus no doubt new contract wins in the coming months. Hope share price will get back to my original purchases price in early & mid 2015.

I see the Investors chronicle say Burford have since the year end just realised a further 9% for $36m. The half year figures will look spectacular with $76 million more gross income less presumably the implied $4m of original costs. Just wish I had kept all my original holding at 150p. With $1 billion of investment cases Burford is one to lock into long term & ignore its disproportionate rising value.

I just noticed there were two share trades at 4.05pm for 500,000 shares each purchased for £7m in total.