Member Info for tara7

Profits from the Lancasters now look like they could hit £250M, as the Moscow reports the site is now worth £500M, and the land , build, and loan costs come in at about £236M. Northacre get up to half the profi and 29% has been pre sold. In effect you may have a ten million pound company with £ 125 Million profits.!! See ADVFN BB For all posts.

YCO has no debt

Reaqd the trading statement upbeat or what.!!

Costs have been slashed with one high paid director gone for ever.

Down from 49p to 10p since May 08

See ADVFN web site BB, where it looks like the profit for this year could mean YCO is on a PE of 1 or under. The yachts sold at the end of last year were for EUR 75M for the first one, [second hand] and a brand new 51ft 2nd one. Fuel sales = a profit of £ 400,000 per ann see accounts. We have also found a press report after the results posted now on ADVFN.

PE for the next few years could be under one.!! Broker reports have come to light, see ADVFN BB

Antondec, i think you are spot on if you look at the wording in the statement it has to be at least two yachts they have sold could be a lot more.

Falling pound is pulling in invstors to London prime big time as they do not trust paper money.

The super rich have, and make more money in a recession. Yachts get bought and sold, and if this tiny company made £600,000 in the last six months i do not think you need to worry. The trading statement is very upbeat on various points.

This is why the shares moved up a tiny 107% today. On fri the company issued a trading statement that the market took no notice of. For a £3.5m pound companyit has turned a £600,000 first half loss to B/Even in the 2nd half, has no debt and has got £280,000 cash from a settlement on its way. Very upbeat all round, but it is cash from boat sales that has lit the market today. The company works on 10% com or more depending on super yacht size, and has sold at leat two or more. They could have made more than the companies worth in profit . this cash has been rolled over to this year. !! In my view is around 5 to 10 times to cheap at tonights higher price.

Fast out of the traps again today.

See old broker report on ADVFN, points to 200m profit from the Lancasters, Nta get up to half that, NTA Market cap just 10m today.!!!

Knight Frank says London Prime was up A huge 3.3% in FEB and 18% in the last 10 months.

See todays times page 69, about to 10 bag me thinks.

About to fly directors spent the last two days buying up any stock they could get hold of.

Go to ADVFN, read the posts. good luck

Is on the books, very fast time test this week F1.

Buying yesterday out of the blue, something up.?

with 2m cash and a market cap uner 4m its a gift , see shareholder list it says it all.