Member Info for Spac3y

is encouraging to see is the reduction in stocking interest charges which has been a sore on for PDG. Stocking interest has dropped from last year from £15.1 mill to £6.7mill. The reduction at the latter part of the year is now coming through the P&L and whilist their is still some scope for further reductions on commercials, cars wont really show much more of an improvement as their is little fully paid vehicles funded. Theirs also £9.3mill of exceptionals, which allowing for a reduction in closing sites in H2 should also show a decent drop aswell. Furthermore proffesional fees should be minimal now financing is complete so H2 should be able to add a decent wedge of this back into P&L. Cash inflow remains strong and by year end PDG should be down to around £280mill in borrowings.

not quite the 17million for Q1 Slim ! I also note as expected the divi`s been currently dropped to conserve the old cash.

we go Summary: Revenue of £1,586 million (2008: £2,478 million) Operating profit £33.4 million (2008: £41.2 million) Underlying operating margin 1.9% (2008: 1.9%) Profit before tax £11.4 million (2008: £21.1 million) Profit before tax and non-recurring items £8.7 million (2008: £17.9 million) Basic earnings per share 0.9p (2008: 2.0p) Adjusted earnings per share 0.7p (2008: 1.5p) Net borrowings down £39.6 million since year end

HB, slimchance. I aint been around so much , works been quite loco in alcopoco so between that and the family , my time has been consumed... Im just waiting for the numbers so I can start pulling them apart. I am down to 3 stocks myself HB, all Oil and gas so Im just sitting on the sidelines atm. Been a very profitable last two weeks so cant complain ! However the next 6 weeks should be very decent :) Happy hunting this morning for all those in PDG

So, tommorrow brings PDG to its point. Either everythings now factored in, and their will be a drop, then a pickup, or itll bounce on up and take the sector with it. For once, Im unsure how this is going to go. I fully expect the numbers to be decent, how decent, well, I guess we shall find out tommorrow ! Hows the flowers going HB

the punt, lost 14% of punt money. Those books happen to be one of the worst sets of results I have seen in a long long while ! I thought last years were cataclysmic, by that set of results, it would appear that the world has ended for CSB ! 0.000p will be seen before 10p will be seen, looks very much like a winding up exercise to me now ! Hope those that had a punt used punt funds and not the mortgage :)

we shall see results around 10am. Happy hunting , Im off to work :)

I was abit tied up, unfortunatly again, it wasnt literal ! For a second I thought you had went for it with a 225K block, we shall see what tommorrow brings. However as a punt, potential upside from where it is is substantial, downside, is probably 50-60% on a worst case scenarion but I expect them to improve on the last set of numbers !

I have been watching you talk to yourself here for a while, so I thought Id take a punt on monday and bought some :) Lets face it, after last years cataclysmic results, and the pricing currently, the results couldnt be any worse so Im looking forward to seeing what tommorrow brings ! The spread on here is quite wild at times, but true spread is around half of quoted price. Good luck for tommorrow treacle and we shall see where we end up !

HB. Nice to see you doing very well here :) Always makes me smile to see someone who deserves to do well doing well ! So back to business. What do we reckong an aftersales OP should do. Should net profit cover overheads, should gross profit be 75% or above ? Who knows, all I know is.... Im not the stig ! A note of caution for anyone looking to get in , just makesure you dont get in at the top, as PDG is at, or is nearing, its top. Another question whilist Im hear. What do you think is the value of the surplus of Q2/H1 manufacturer incentives that was undercalled in Q2 thats rolling into Q3 ? Answers on a postcard to.... :)

decent set of results. Basket price improvement looks very decent along with the bottom line. The steelport tests show that the access to the Rukki DC furnace will help to move them along very nicely !

once HB, I dont have a take on LLoyds. I have purposly stayed well clear, and my reasoning is fairly simple.... The banks have far more people, and some even more intelligent people than I working for them, yet, in my mind, they still cant not tell me what their worth. Despite attempts to try and place values on the banks, I, alas cannot. So, with that in mind, I do what I do when I cant do that, stay clear. If I dont know what somethings worth, then no point in investing in it for me, Id be aswell going "err....red....or black" :) I do like your caution however, were not out of these woods yet by a while, and their will be plenty false ups and downs to show this, caution, in these markets, is very favourable :)

I am interested in the dow 9400. Its not an indice I really play much, however, the ftse is one I do enjoy and do beleive that is currently overvalued. Their is one slight problem in my thinking however, and that is the current round of earning`s releases being released. Whilist some of the bigger hitters have been abit dissapointing, in general, most of the numbers Ive looked at have been fairly decent. With that said, I am currently asking have companies lowered peoples expectations purposely, ie, went with lower eastimates for Quarters/half years/full year guidance that they would otherwise not have gotten away with in a better marketplace. I have however re visited most of the companies Im in or looking at, and I have to say PDG to 42p would seem reasonable (I know, slimchance will enjoy this :) ) I am however always happy to see people returning to cash positions when they feel the market is getting abit bloated, whether it plays out correct or incorrect, I think that could be a very wise move on your part HB, especially looking at my own position of 40% cash.

Now theirs an idea and a half , lie detector postsing scans, that would be quite amusing to behold ! So, at 38p, whats the consensus, results factored in, or potential to 42p....... One thing is for sure, stocking interest charges "I would imagine" will have reduced for the first H1 of the year. Furthermore, speaking to several people, some say, Im the stig. No wait, that wasnt it, some say, that H2 plan for PDG could be looked at potentially soft......All I know is, Im called Jeremy Clarkson :)

It is amazing the amount of people that manage to buy in a rising share and sell before it drops....Im sure their must be 3billion millionaires in the world today ! I do happen to agree with panmures reappraisal of Inchs SP, god thats twice in 9months Ive agreed with an analyst, someone take me out and shoot me. What people have to bear in mind on inch is every 1p rise equates to a ballpark 45million market cap rise. Graduall will be the way Inch will go, the reduction in debt, taking into consideration the RI has actually been quite stunning, by year end Inch will have ZERO debt which for a market cap in the sector is quite astonishing, albeit by a hell of an RI to get their. Still holding firm here HB waiting for third week of August ? I never hit my target buy in (sub 30p) so Im just watching, I am however asking myself 38p, factored in, is still abit extravegant currently for my liking, however, I will be happy to be proved wrong :) Hows the flowers buddy ?

Im sitting asking myself the very same question. If you look around at recovery stocks, ie, car dealers, even building, things are fairly steady. Bolt in some decent results , better than anticipated, most probably a slow down in the GDP drop, the ftse and dow rallies, Im now asking myself is a true or false rally. Some worse than expected numbers from microsoft, however unemployment isnt also as anticipated. I do expect a set of decent numbers from PDG, however the price has once again crept up and at these levels your always getting into the factored in stage.

All the stuff sent your way Yorkesta.

It would be abit easier if you could furnish me with an email address if possible, as their is quite a substantial amount of data, alot in pdfs and would be easier for me to move it in a oner as opposed to spaming the board for the next century.

Somethings people like the look of, others people dont. Alot of things we look at arent purely short term. AST is classic example, they dug a hole (not hoe eh Mrs T :) ) and found nothing. However, the reasearch and factoring didnt rely soley on one hole ! Thats the good thing, all the reasearch done is factored down to its least, we dont start with the top end number. Im not even watching AST interms of selling, why, simply because in 12months time, its a mortgage payer (I think I may be off unemployment benefit by then and be elevated to some minimum wage paying job) :) BRR however something didnt fit with me, I had a quick day trade on it and made a reasonable 15% , Tipper dave on the other hand had a reasonable two day trade on it then bought back in..... I think the main thing to consider is that people with far larger pots than I are into most of the things we look at (I beleive over £10 atleast which is massive) I also take you back to Uriney, hes down massivley, yet has gone back to the brass tacks routine, worth, little debt, and thats something to always remember. Were looking at viable companies with a lesser downside, but still with a very decent upside. On that note, I need a cuppa, Mrs in bed and Kids watching Sporticus :)

the lesson...one that was told to me very well. Were all holding out for the best price, but sometimes those waits cost us more in a sense than if wed just bought. Conversly, obviosuly the opposite applie. Tranche buying all the way, forget about the fee if your trading anywhere over a 1% gain needed to cover them, tranche buying is the way to go :)