Member Info for sundancer

in the latest interims, the thing that shook me the most was a retained loss of £7m which was more than a 100% increase from 2007 and tangible assets only amounted to about £1.5m. this was mostly blamed on investments to meet the anticipated demand :- "The loss for the period was further increased by a higher level of administrative overheads as the Group has maintained and improved staff capability and invested in the systems and infrastructure that will be required to meet the anticipated increase in the volume of activity." the delaying in government push to the energy suppliers didn't help either. year after year , they were operating on a loss. as of last august, they've already had a share dilution to help them survive and in february this year, they announced that they had secured "third party" funding to enabled them to continue rolling out smart meters, but they do not mention details. it seems the government pushed them to the edge of the cliff before finally mandating smartmeters as legislation...unless (on the more sinister side), the directors have been loading their pockets full of shareholders money?

there is also another motor company on the LSE, a fast rising star that is defying the odds of the recession - still profiting and paying their debts! i may choose to jump ship from INCH...

buy INCH after a retrace, prepare to hold for 3 to 6 months. the government scrappage scheme starts mid-may only. INCH results for Q2 should be announced in Q3, Q3 in Q4 and so on. full effects of the scrappage scheme on turnover will only be known in Q4.

i just got back from lunch. it's not good to be in property at the moment as they are the last to rise in a recovery, imo. good to just leave a bit here and there but if you are looking for short term, do some research on LGO. it's good for short/long. short - there's a firm from NYSE that made an offer on LDP's assets in the gulf of mexico. LGO and LDP are partners in that project. long - david lenigas. read up on him, past performance, annual & interim report, etc. u know the drill. good luck all =) disclaimer :- please don't invest wholly based on my statements, dyor.

thanks mate, that's sensible. haven't read up much on this company(as it's the property industry) yet but it's been on my watch list. so is it right to assume the destabilisation will stop when their RNSes have stopped? how can we tell when is the right time, when they stop laundering these shares? is there another way instead of relying on RNS as the news service is normally later than the actual execution? cheers

coming up.

this is due to morgan stanley dumping 46m UCP shares that they previously held. does anybody know how do we see when this has finished? does anyone have L2 access?

Agreed...this stock is similiar to YELL as when it was depressed by AXA selling it's holdings. Now it's free to fly.

it will be a while before property stocks start heading upwards. if u want short term gains, don't invest in property. they are the last to rise when the economy recovers, imo.

don't know what u were on about but i'm not really into INGG - too high risk for me. =)

i've been watching this for some time and finally had time to check this company out a bit more. if at 31st march 2009, total net asset value of property portfolio is £271.5m and bank borrowings is £248.7m, that leaves £22.8m to be divided across 153m shares in issue(not including other creditors/liabilities - shareholders get paid last or get wiped out altogether), NAV share price should be somewhere 14.9p BUT that is a very simple calculation leaving out a lot of detail. so i checked out the last few RNS and saw that even prudential decided to sell the whole of their holdings in this company. IPI have faulted on their covenants to a very dangerous degree - loan to value ratio of 91.8%!!! when max should be 65% only. AND, they do NOT sound optimistic in their RNS updates about bank negotiations, stating that negotiations are continuing and "There is no certainty over the outcome of these discussions". If they were optimistic, they would have stated "we remain confident or securing/renewing blah blah blah...". this update regarding banking facilities is only expected in june and property valuation, especially commercial property, is expected to drop further in value before coming back up to fair value. i hope you guys know what you're doing...

i also have a terrible broker - HSBC. their systems are constantly down, order not "best executed", cannot cancel order unless i call in and wait 30mins, just an absolute nightmare. also, i'm in the midst of writing a complaint before moving on to the financial ombudsman due to a negotiated trade that was not executed to my best interest. in the process of moving on to iii now, on oilbarron's recommendation.

17p per share is much cheaper than it's current price, or what i saw of it on friday. what was the ask price for friday close? i think the info above is incorrect.

i thought u guys were in already! lol...nah, it was just a conspiracy theory. =) couldn't think of any other reason why bestwood's entry post was removed.

glad someone remembers! no, i'm sure he wasn't banned. bestwood posted a very detailed and professional financial analysis of this company and found that this company is way undervalued. i hope he bought in. here's what i think happened - someone on this forum doesn't want the share price to go up(so he/she could buy in?) but he/she doesn't want to be seen as a de-ramper either. so the best that person could do is to report bestwood's entry posts and got it deleted before everyone else can read it. nasty.

something odd has happened. last night, someone called bestwood posted his opinion on UNIQ's accounts here, but it has all disappeared! i think there were about 5 posts in all.

can't make that decision for u, mate. but scroll back a few pages. someone called bestwood interpreted the accounting figures in pretty details. woteva u decide, good look(luck).

lol

and beer. =)

i think Steel has run out is because the share price broke out of 10.5p so it looks like no further sale orders from Steel were executed. i've been watching that behaviour for a few weeks now.