Member Info for the_shareminator

Interim results: September £21m value at 36p £8m cash up 40% y-o-y

IG Design (IGR) has announced the acquisition of Lang Companies for $3.6m in cash. The deal is earnings neutral in FY17e but accretive in FY18e as the synergistic benefits start to flow. Lang has a complementary product range in stationery and giftware and some strong sports-based licences. It also has a design-led culture that should mesh well with IGR’s US operations, which have been gaining momentum. The share price has started to grasp the changing proposition, but has yet to fully reflect it.

Apologies, should read: Contrary to what holders here might say in the company's defence it is more than just a contractual dispute. You have the complete breakdown of trust between both parties, something which takes time to build! If RR have refused to pay this disputed amount, there will be a reason. Do you think companies will be eager to take up the workload if it turns out GDL has acted inappropriately? Even assuming they are successful with their dispute, GDP will be saddled with costs and an uncertain time ahead. I know from my own small business affairs how time-consuming and difficult negotiating and accepting new business terms can be.

Discodave - No I'm not invested and I don't know more than the next man. I read today's update out of curiosity as trading producers / explorers is my part time hobby. Contrary to what holders here might say in the company's defence it is more than just a contractual dispute. You have the complete breakdown of trust between both parties, something which takes time to build! If GDP don't pay their bills, do you think companies will be eager to take up the workload? Rand Refinery (Pty) Limited informed Goldplat Recovery (Pty) Limited ("GPL"), a 74 per cent owned subsidiary of the Company, that it disputes an amount due to GPL The MOU entered into between GPL and Rand Refinery has GPL processing a batch of silver sulphide material (the "Silver Contract"). GPL has concluded the toll-treatment as specified in the contract and has issued invoices, some of which Rand Refinery has not paid and are disputing. Further to legal advice, GPL issued a demand letter to Rand Refinery for unpaid invoices for approximately ZAR13.5 million (circa £628k based upon the average conversion rate for the year); Rand Refinery has denied the indebtedness. GPL will institute processes forthwith to resolve the issue and, on the basis of legal advice received, the Goldplat board is confident that GPL will recover the money owed to it in full. Rand Refinery have made clear they are not open for business now as they will not be able to accept by-product materials for treatment in their smelter during the month of August, for "operational reasons". In other words, they are terminating all business relations it would seem to me. The company have been careful with wording in the update. Use of "previous issues" ... "very difficult positions operationally, financially and with regards to their relationships with their clients"... "mitigate"... "risk"... Goldplat is pleased to report absolutely nada! Alternate plans are apparently "in place". Vague details like this suggest they are stringing the market along. This "will have timing and cost implications" although on a more positive note it is not expected to "have a significant impact on its business" The Board have assured you alternate plans are in place. So, nothing to worry about. Wait and see.

Let's hope so. It is so tempting to cash in at this level but given the buying pressure today who knows where this is headed short term

Today's news reads well but think this is a good chance to offload. Can see the current downward trend continuing until guidance over trading conditions in the latter part of this year is provided. Looks a little expensive based on trading statements compared to other profitable small-caps like TON, NTBR, RBN, ITQ, HAYT, ZMNO but certainly worth watching to see how price action develops from here. Targeting 80p range

Interesting prospect, very profitable looking through the figures from last week BUT current market cap is very weighty given excessive net debt position. Only worth a punt

agreed!

114 touched last week was a sign of things to come. Resistance is normal when the share price is breaking 52 week highs every week :) Up to 115 today

This is a dreadful update at a time when gold prices are high, a smooth operation would ensure a steady rise as has happened here. But this update suggests there will be delays to receiving income, potentially lengthy and expensive legal claims and a downward projection of financial forecasts this year. Accusing your partner of 'skimming off the top' will affect who is likely to do business with GDP. Hopefully the allegations are swiftly dealt with and proven in favour of GDP otherwise I foresee a much weaker share price

http://www.investegate.co.uk/caledonia-mining-crp--cmcl-/rns/q2-2016-production-update/201607110700077298D/

I'm working on a one-off research note for MBO which will be in PDF format for anyone interested in downloading / printing the information to have at hand and share. If there is anything specific you would like me to focus on and feature in the report please let me know. Will be out by early August

Volume just over 100k and all buys today 06/07/2016 - 15:50 ____MBO ___3.438 ___12,830 06/07/2016 - 15:39:27 __MBO ___3.44 ___28,657 (LSE) 06/07/2016 - 11:24:24 __MBO ___3.24 ___24,654 (LSE) 06/07/2016 - 09:18 ____MBO ___3.24 ___34,369

I think this drop is pretty crazy considering the wording of the last RNS but I am not buying more until we see some big buys come in. Let's not forget they turned over £158m last year and generated £5.8m cash and a profit before tax of £4.1m. The market cap has collapsed from £35-36m down to less than £15m today. The company have made a cautious assessment of the coming year. I believe the market is discounting far too much. Trading update InterQuest Group plc (AIM: ITQ.L), the specialist recruiter in the technology, analytics and digital market today announces the following trading update ahead of its interim results for the six months to 30 June 2016 which will be announced on 6 September 2016. In light of the uncertainty in the run up to the EU referendum, the Company has experienced variable trading with clients delaying hiring decisions. The result of the referendum is now expected to prolong this period of uncertainty and, whilst it is too early to predict the longer term impact, the Company expects trading conditions in the wider recruitment sector to remain challenging for at least the remainder of the current financial year. The Company is somewhat protected from wider recruitment trends due to its focus on hard to find niche candidates in rapidly growing sectors in the new digital economy, but as a result of the wider market conditions, the Company now expects that Group net fee income and EBIT for the current financial year will be materially below market expectations. Gary Ashworth, Non-Executive Chairman commented: "Whilst I am delighted with the initiatives put in place by the new management team, and subsequent client wins, the months leading up to the EU referendum have been challenging and market uncertainty is now expected to continue following the outcome of the referendum. Operationally the Company is in good shape but at this current time forecasting the impact of political and market developments is challenging and the management team have made a cautious assessment of the circumstances."

Gold overnight has climbed to $1373/oz jimmyt93 - looking solid, do you have a detailed breakdown of your forecast? I'd be interested to compare notes thanks

The calculation to work out the currency gain follows "Assets and liabilities are translated into Pound Sterling (£) at foreign exchange rates ruling at the Statement of Financial Position date. Results and cash flows are translated into Pound Sterling (£) using average rates of exchange for the period". The FY15 results - assets and liabilities will have been based on the rate in December 2015 - 6.33 - GBP £2,216,715 x 6.33 = 14,031,805.95 RMB The HY16 results to come in September - assets and liabilities will be based on the rate on 30th June 2015 - 5.39 - 14,031,805.95 RMB / 5.39 = GBP £2,603,304 This is assuming the cash and cash equivalents stays the same which is false. It has very likely increased!

Not too shabby considering stock was changing hands around 4 - 4.2p only last month :) Sit on hands time now I think, this is poised to break higher again in the next month or two in anticipation of results. I said last month I can't stress enough how much of a big difference the currency swings will have for a company like MBO that reports its earnings in Sterling despite all assets and revenues coming in RMB. http://www.xe.com/currencycharts/?from=GBP&to=MYR&view=2Y Volumes only a few years ago were higher and back then shares changed hands for around 3-5p. This was a period of growth but the company were loss making. Now they are turning much more and are profitable. We are on the verge of seeing regular trading I hope :) The cash position which stood at £2.2m is now worth approximately £400k more on account of the weaker GBP and we can expect that will have risen further during the half year thanks to profitable operations.

Oops spreadsheet copy and paste job. Let's make that a little clearer and add in my buy of 61,130 just now. 05/07/2016 - 13:48 ___MBO ___3.1 ____64,516 05/07/2016 - 13:47 ___MBO ___3.1 ____61,130 05/07/2016 - 13:27:22 _MBO ___2.81 __50,000 (LSE) 05/07/2016 - 13:26:44 _MBO ___2.82 __65,000 (LSE) 05/07/2016 - 13:24 ___MBO ___3.1 ____96,614 05/07/2016 - 12:58:54 _MBO ___2.81 __30,000 (LSE) 05/07/2016 - 12:57:51 _MBO ___2.81 __50,000 (LSE) 05/07/2016 - 12:37 ___MBO ___3.188 __62,745 05/07/2016 - 12:34:31 _MBO ___2.81 __30,000 (LSE) 05/07/2016 - 12:32:56 _MBO ___2.76 __50,000 (LSE) 05/07/2016 - 12:12 ___MBO ___3.063 _25,238 05/07/2016 - 12:10 ___MBO ___3.281 _15,238 05/07/2016 - 11:49 ___MBO ___3.4 ___72,324 05/07/2016 - 11:18 ___MBO ___3.4 ___345 More than 500k worth of trades today, someone is offloading around 2.8 and buyers are about mopping up cheap stock. The ask is up to 3.24 now. Are assets alone will be priced some 20% higher given the difference in exchange rates. The figures in the last set of results were outstanding and since inputting them to the charts you can see just how clear company profitability is growing now. We no longer have a net debt position! That was since December 2015, well ahead of my own forecasts for June 2016. The only thing investors would benefit from are more regular trading updates

Looking at LSE the trades appear mostly sells whilst the buys are listed on ISDX 05/07/2016 13:27:22 MBO 2.81 50,000 (LSE) 05/07/2016 13:26:44 MBO 2.82 65,000 (LSE) 05/07/2016 13:24 MBO 3.1 96,614 05/07/2016 12:58:54 MBO 2.81 30,000 (LSE) 05/07/2016 12:57:51 MBO 2.81 50,000 (LSE) 05/07/2016 12:37 MBO 3.188 62,745 05/07/2016 12:34:31 MBO 2.81 30,000 (LSE) 05/07/2016 12:32:56 MBO 2.76 50,000 (LSE) 05/07/2016 12:12 MBO 3.063 25,238 05/07/2016 12:10 MBO 3.281 15,238 05/07/2016 11:49 MBO 3.4 72,324 05/07/2016 11:18 MBO 3.4 345 Almost 500k worth of trades today, someone is offloading and buyers are about mopping up cheap stock.

Nice of them to put a halt on the rise. Cannot even buy £500 nor able to set limit buys on this stock. Buying demand surely hasn't left them short on stock?