Member Info for Theanalyzer

I suspect Zloty will strengthen against Sterling and I think that currency risk is unhedged because revenues are expenses of operating entity are Zloty based. Only head office cost are GBP based.

For me ability to attract franchisees to reduce cash burn of opening costs and initial losses could be an important factor in whether DPP needs to raise more cash before reaching scale.

Cash flow will also depend on repayment of franchise loans.

The most positive aspect for me was continued growth and strength of top ten stores.

Lisa = life time isa

You can invest £4,000 per annum towards a house.

Pageant feature in a number of deals buying and selling stakes in listed entities.

Pageant make a big gain on Datalex according to press articles.

Comfortable having active investor on board.

Some strong trading performances and growth by existing portfolio companies.

Hope they can find good use for cash as that will dilute returns although it does create solid net asset backing.

More to come in my view. Platforms continue to grow at expense of banks and small brokers which cannot invest at same speed and with such scale economies in new technology, products and services eg LISA where HL was one of three companies ready by deadline date. Also interesting to note from announcement that more retail fund managers are looking to offload direct customers as they come under cost pressures from passive players like Vanguard Once punters are on platform providing service is good and prices aren’t excessive then every years new ISA or pension top up increases FUM and increases scale advantages.

Concerns that DOM debt is growing rapidly up £100 million. New countries won’t generate much cash relative to acquisition price. So worried no longer huge generator of freecash flow that it was. Also concerns over U.K. franchiser relationships.

Surely all trades involve a buyer and seller So it’s a matter of interpretation as to whether trade increased or reduced previous trading price.

Personally I think that people are too fussed about trades and their direction on a day to day basis.

Look at longer term performance and expectations which will over be reflected in the price

Nope shares are suspended not delisted if accounts are not published in accordance with timetable and revert to normal when audited accounts become available.

Solid progress on like for likes and overall sales growth Interest from franchisers to open more stores is a good positive as well I will await interim RNS with interest to see what cash position is as RNS hints that they are slowing store opening rate to reduce cash burn

Watched video with SOH today

Liked presentation about cost base and how they buy research in cheap and don’t have offices
Interesting that four segments are attracting interest reduces risk
Patent and IP license point was also another plus
Deal pipeline looks very good
Liked fact about others take operational risk

Less fussed about absence of numbers and names at present

So I made a small top up of 10,000 shares

Looks like the train just came off the track

Buy when others are fearful is a Buffett quote around companies with a sound business model when the market is under going stress. Not buying a company with losses, terrible cash burn and CEO who a well known blogger is calling out as littered with red flags after a long bull run. Mysq is a trading stock not an investment. The share dilution has been enormous and will continue with the new death spiral. If My Pay is such a great prospect why does it only cost £2 million? Tencent could have bought this company out of petty cash - it clearly isn’t interested. Good luck with your trading.

Thoughts LEBC represents 42 per cent of BPM investment portfolio before impact of recent placing which will dilute percentage but value uplift will still be big. LEBC was valued at 33.16 m equivalent to 55.7 m for 100% stake. If LEBC interim earnings are doubled for full year that represents 4.8 m so around 12 times earnings ignoring tax which would increase multiple but excluding new acquisition by LEBC which would lower multiple. Resulting PE ratio for LEBC is low for a company growing that fast even if growth slows massively it still looks cheap So I continue to hold BPM and am pleased with recent tops up DYOR

I suspect Atlas simply sell with a few day settlement date. After conversion they have shares to deliver at now lower price. Any company with this type of convertible is probably a better trading opportunity than an investment opportunity. Over time significant dilution often occurs in the share price as share count balloons. Mysq share issue has expanded enormously in last years.

The best aspect for in today’s results was the strong free cash flow and debt reduction. Second decline in number and scale of adjusting items to get to adjusted profit as acquisition impacts run down meaning cleaner profit and loss account where statutory profit is also growing. Company gives a lot of commentary on what they are doing and what has worked and what hasn’t. I will continue to hold and run profit.

Warren Buffet says be greedy when others are fearful about buying companies with a strong franchise that will survive market turbulence like Goldman Sachs investment during 2008/9 crash not dogs like Andalas. Anyway if you want more shares cheap buy some in upcoming placing after shares consolidation announced today has occurred.

Fine sell out or short I am still going to hold it.

I want DPP to be remain a separate entity as well. Key points in update for me was abatement of margin pressure and strong like for like growth as stores mature.

I want DPP to be remain a separate entity as well. Key points in update for me was abatement of margin pressure and strong like for like growth as stores mature.