Member Info for The.Italian

i cannot explain it in the precise way i would like to be able to,but what they have done is to calculate the present value of the future projected cash flows over the next 10 years using a discounted cash flow calculation which adopts their chosen metrics for discount rates etc.the projected EPS for 2021 could still be 0.1p but the valuation also takes account of the projected earnings for the following 9 years and a significant upturn in earnings is projected for the later years of this period.the calculation of present value comes out at 18p even though EPS for the first few years is not very great.obviously with this type of calculation for a company that has no stable earring history the assumptions behind the projection are immense,indeed imo so great as to render them almost meaningless.the actual outcome could be very much worse or very much better.what i think is more valuable and interesting than the projected figures is the narrative describing the reasoning behind the modelling of the calculation and how they view the companys possible development which is encouraging.imo take the figures with a huge pinch of salt but form your own view as to the possible development trends with particular reference to my mind to the move towards mobile focus.personally i remain very positive but i don't see gove exercising his options before christmas.perfectly happy to be corrected if I've misunderstood something and I'm no accountant so could be completely wrong.

from a quick read of the front page only emphasis looks to be on the pivot to mobile and the tie in with O2 as a game changer and major inflection point respectively.would have to agree but hope to be able to read the full report in due course to look at the figures and reasoning in detail.also a healthy dose of scepticism is required when reading brokers reports

i see there was a sale of one share today.guesses anyone?

according to a poster on ADVFN there is a new research report out today from Arden with a buy recommendation and target of 18p.the poster states its very detailed and runs to 47 pages.i cannot find it but it may be one you need to subscribe to so i cannot verify.assuming it is new if anyone on here can access it or provide a link it would be great.

apologies.i only glanced at the advfn posts and obviously got the wrong impression.looks like good news in any event

not invested here but just interested as a former holder.have a look at posts on ADVFN.appears there is some sort of positive indication re china.not official but something on twitter

no idea BB if its connected to melody but its very good news in itself after a long period of hearing that headset takeup was poor.very positive imo!

whilst i am of a generation which has missed out on the delights of the music of ski mask the slump god i assume the links are indicative of increasing exposure to melody which as an investor is good news regardless of the music.thanks for the links

good morning mazik.GLA

completely agree bad bat.nothing to worry about

key words for me are more information being made available to a shortlist of those potential buyers.this has to mean at least 2 continuing interested parties and would suggest perhaps more than 2.as i have previously posted the longer the process goes on the more likely it is to result in a favourable outcome.just my opinion of course but I'm very happy with todays update

well over 3 months since reference to exciting china opportunity. no update.beginning to look like flannel.hope I'm wrong.

likewise!

thank you traveller and mazik for your replies .im grateful as i missed this notice.

would agree with that embers although i have made some money trading it a couple of years ago.now im holding for next year.

I've always admired subtlety!

mazik why thursday please?last year they were on the 30th .has there been any formal statement to say its going to be the 31st?

been away for a couple of days but good to see on my return the link to the Sun article.thanks for that bignose.good to see Dr Gall of Doctors-4-u stating that interest in fortacin has increased significantly since march 2017 and the positive emphasis she gives to the ability to order anonymously online.shame its been followed by a 4% plus fall.although as usual on very low volume.good to see positive press in a more comprehensive article than we have had previously.

well someone has managed to buy 10000 shares but at above the quoted ask.

intersting i just tried a dummy buy for £10,000 on HL and couldn't get a quote.not looking to top up as i have quite a lot already but just testing.