Member Info for Theanalyzer

Probably GAH have increased volumes which is easy to do if you undercut rivals. The risk is that eventually if you have been under charging losses become apparent and this what appears to occurred at Gable. Based on GAH's own numbers it has cumulatively generated a net loss why would rescue a company with such a poor track record? My view is that GAH may not emerge from suspension - still no year end accounts even unaudited nor 2016 trading statement.

No trading in shares until 2015 accounts are finalized and signed off by EY This will likely also require completion of some capital raise or restructuring of Gable Some update on 2016 trading might also be appropriate

Given Gable is writing off goodwill of 4.25m plus 1.9m receivable and needs more capital I suggest it is unlikely to be raising money at triple current share price

Net increase of 5 stores since year end total of 23 according to dpp website map in six months. Since Jan 2014 net addition of 10 stores from 18 to 28 in 18 months. So rate of rollout increasing.

Lots of buying today. If results don't land today then shares will be suspended so curious why so much buying ahead of results and lack of news on funding update.

Just before interim close period so he is obviously a fan of long term trajectory of business

Simply because it's harder to raise capital for a risky share in a falling market when you can pick up quality much cheaper than a few weeks ago

Let see what audited accounts say due in just over a week time if they are published on time. We already know there are large losses before any goodwill impairment and over cumulative history Gable has not generated any net retained earnings. The lack of an update on guarantee to provide capital support is a real concern. Dewsall has gone from being very wealthy with his shareholding to merely comfortable and might be struggling to raise the 10 million gable needs. Given its now apparent poor profitability record there are better opportunities in insurance space imp. A risky gamble in my opinion.

Strong director buys over GBP 383,000 not a spoof purchase like some other companies Presumably buying ahead of close period at end of month

Agree I want them to be able to grow my share price further although in profit at present. Happy to hold while company grows store numbers, like for like sales and revenue which should overtime mean profits and then growing profits.

Interesting to see that DOM is buying franchise in Nordic countries and teamed up with DOM Australia to buy and rebrand Pizza chain in Germany A few more quarters of solid like for like growth and roll out to more cities would start to make DPP a more attractive target

Let's see how investments in Lenigas Cuba and the legacy investments perform.

Yup an ACA so no slur. The insurance reserves have always been thin below what the external actuary recommended. This has now been addressed up to end 2014 but there could be bad or good news on this front when audited accounts arrive. I would bet bad simply because of pricing conditions are weak in insurance market at present. Good luck but for me it's too risky a punt

Warning Insurers rarely go bust because of a lack of cash they stop trading because they don't have enough solvency capital like Gable Once this happens they either slowly pay off claims and eventually pay off what is left to shareholders or go bust As for selling the business I don't think there is much to sell other insurers will pick up business as brokers stop using Gable to accept risk in my opinion You may well find your money locked up for a long time and may lose a big chunk of cash in the process R&Q Holdings Plc are specilists in buying up insurers in wind down mode and always buy at a discount to book value

There was a nasty profits warning. Company is undergoing a strategic review

Let's see what happens to like for like sales on 24 th If there are solid I will hold my stake

A share split or consolidation shouldn't logically change market cap but sometimes people prefer smaller share prices and share appreciation post a split

Platforms are a scale business so merger of two books onto common platform should generate some economies of scale Also I expect other platforms will also give up struggle to generate profit over time More generally I see SL generating increasing benefits from the pensions schemes it has now signed up Also as capital intensive traditional products slowly reduce this will release capital Post the Ignis acquisition, Canada business sale and now Axa platform purchase there is also prospect of SL being more highly rated as an asset manager Remain holder of SL

Three further stores already under construction or 10 per cent increase in store numbers and third sub franchise both of which will help speed of store rollout. Performance outside Warzaw also sounds strong

The rollout continues I note last year they added 5 stores in year taking total to 23 at end of year were most added late in year So far in 2016 they have added another 3 stores The accounts suggests it cost around 120,000 to open each store and the top three stores last year made about half of that in EBIDTA As portfolio grows it will self fund rollout