Last Fri,says it all profit being delivered and costs within budget
Might like to read my post on ADVFN on my NTA BB thread [post no 14913]
Placing at 1.25p yet buyers happy to pay 3.25p on Fri.!! Old directors want a return and look like they are going to get it soon, vote is on Wed and action must be on the cards days later if you ask me.
He has failed to understand that the winners far outweigh the losers, he has never had 5, 10 and fifty bagers ,and he never will.
35p is my view of take out price, Taras ten for 2011 up over 40% with FAN, IDG, and AGL all going through the roof while the ftse AIM index is well down on the year. Plus for a de listing 75% is required , not the 65% they have now.!!
I would stick to IDG, tiny market cap, not many shares , £750,000 cash, growing faster than a train. In the next few months this stock will in my view roar. The broker has lifted his price target no less than 4 times in the last few months.!!!! His going to have to liff that target price another 10 times me thinks.!! That broker is asleep.! He will in my view lift it again on any contract news.!!
The broker has changed his forecast for this year [2010-2011] He has reduced the loss to £140k from £240k on turnover up £.200k. So, as overheads are covered, profit should come in at 50p in the pound. With the orders in to date profits could go through the roof come next year [ Starting in Oct]
Daily Mail today, just seen it.
Market now understanding just how good Mondays contract is.!
picked up 50k on todays profit taking
This from IDG results a few weeks ago: The agreement with Barclays represents our fifth major software licence signing with a UK bank or ATM network owner and underscores our position as the UK market leader. The strength of our position in the UK stands us in good stead as we engage with overseas banks and ATM operators. With the Barclays win, our total licensed ATM and self-service estate now stands at over 21,000 ATMs So, we can now add 37,000 to our 21,000.!!!
2p on the day
This company is a pure gift, it is in my view about to make money by the sack load as overheads stay about the same while sales zoom.
Not very up to date but the only thing that has changed is the huge growth in turnover and profit. This broker put a value of many times todays share price on the company. So do i.!! From a broker in India putting a value on Prime Focus London.!! Value of PF UK not in the price. We have used sum-of-parts to value PF • PE-based valuation for PF India, which is still in the hyper growth mode • DCF-based valuation for PF UK, which can be deemed to be relatively steady state. We believe PF's current price does not factor in PF UK, which we currently value at Rs103 per share. Adjusting for the same, the stock is trading at an attractive PE of 12x FY08E and 8x FY09E. PE-based valuation of PF India: As PF does not have a long listed track record and is an emerging business, we have chosen to value it only on one-year forward earnings for now. We have assigned a target PE of 20x, considering the following positives• Market leadership in Indian ET/ETS sector • High 40% earnings CAGR FY07-09 • Room for significant earnings upside from PF UK • Cash-rich, zero net-debt company • Core RoE (excluding investments in PF UK) at 19.5% for FY08E and 25% for FY09E • Estimated payout of at least 20% from FY08. At 20x FY08E EPS of Rs22, our fair value for core PF India works out to Rs440 per share. DCF-based valuation for PF UK: We have assumed very low positive swing in PF UK's performance. Even in the terminal year FY17, our DCF model factors in negative EBIT for the company. However, cash flow remains strongly positive due to aggressive depreciation policy. Considering PF India's 55% claim on PF UK's cash flows, our one-year forward value works out to Rs115 per share. PF UK - Rs115 based on DCF PF India - Rs440 @20x FY08E EPS
PFO worked on this film, BOX OFFICE SMASH HIT.!!
Now paying over 40p for stock
Ok , if you do your research you will see that PFO india have just delivered record results. Next, they have bought in some investment bankers to raise some cash. Now as they own just 60% of PFO London , and their boss has stated in the past he would like it to be within the main company in India.I put it to you they will buyout the uk shareholders. Those holders will in my view want no less than 60p a share.[may be a great deal more] This weekends blockbuster movie[ made in part by PFO] is yet more great news.
Riddler, tap in prime focus india share jump 20%
40p paid for 40,000 this afternoon
2 and a half year high, i am told