Member Info for TheGreyMonk

That's good isn't it? Bookings were ahead and it led to higher revenue. I went to the AGM and whilst the stock is far higher than last year - it trades on a low p/e, debt is falling and there is a dividend in sight for those that it is important for. I'd be surprised if the shares are under 60p this time next year

Good - the vouchers are obvious;y working

My purchase of these at 124 a couple of years ago when Mr Bartlett was waxing lyrical about how wonderful Strix is has been a disaster. Fortunately I only bought a few. Since then I have bought more and more and now have over 20000 at an average price of around 55p - Every update sounds great - the paid for Equity Development posts read wonderfully but the market doesn't believe them. The Billi acquisition has been great, apparently - well what has been a disaster because no one is admitting anything and a 90% fall in the share price isn't the sign of a good company. However I do feel reading the announcements that at 34p there cant be much downside - do I buy another 10000 shares and reduce my average to below 50p or do i just stick with what i have? The fact there were no significant directors purchases in the past 12 months says I shouldn't buy any more either. I might take the boat over to the IOM for the next AGM and see the whites of the eyes of the people in charge

Just out of interest phoned one of their competitors and booked it in for tomorrow morning - may be they arent busy - to be fair they did say they were but theyd do what they could to fit me in. Now Im concerned about my Halfords!!

As a Halfords shareholder I phoned up Halfords in Congleton when my exhaust had blown this morning and asked if I could go in and get it done - they couldnt fit me in until September 8th to look at it - I thought they must be busy as it needs sorting before then. I presume its good for shareholders but i dont know!!

Having been invested in the market for 40 plus years patience has been my greatest asset. I buy shares that I think are value and wait and more often than not being patient pays off. Checking if the shares move is pointless to me. The balance sheet and reading everything is important. I held a few of these pre covid and topped up in 2020, selling some when takeover talk was rife. Ive topped up more over the past two or three years and wait, I also go to the AGMs when I can and listen there. I don't think they'll go bust and they've far more assets than liabilities and they make a profit. I think under 40p they are cheap but I'd sell some at 60 but if they get back to £1 I'll still be holding plenty. DYOR

It wont be a done deal until sufficient shareholders have agreed to any particular deal - if you havent voted you can still sell the shares but if you have voted (as I have) you have nailed your hat to that particular deal. It is a bit of a dogs breakfast though

Well I reckon I'm sleeping more soundly as a buyer below £4 than Savage Keyboard who reckons they will keep falling - may be they will but long term they're decent value below £4.50 imho

Lets hope so - Ive topped up at 390 - put an order to buy more at 380

I'll wager it doesnt - it may go below £4 but cant see it going much below that - Im happy to buy and wait

A share price of 411p is the equivalent of 505p pre rights issue - when the shares bounced to around £6 in late January they were probably a sell having bounced from just under £5 after the RI was announced. Pennon in a better business now it has the Rights Issue money in the bank - I'm a buyer at 411 and Ill buy more if i get the opportunity at 400. I'm confident I can buy them and forget about them, collect the dividends and pat myself on the back some time in the future and say to myself what a good sensible purchase it was

When companies are indebted or have contracts that go wrong, especially in risky industries the downside is 100% - you should never forget that - Petrofac and Wood have been profitable companies - Wood taking over Amec Foster Wheeler has proved a nightmare but a competent Chief Exec would have forseen some of these current problems - Its now gambing money but Ive put a couple of Grand in - and I wont be surprised if I lose it

Theres not many shareholders saying that !!

Thank the Lord that dreadful destroyer of value Stphn Brd has gone - wouldnt it be good if they had a name change again - Oh no - it would destroy another £30 million of cash

If you feel its like Cineworld then surely you've sold every Docs share you have. The balance sheet looks nothing like Cineworld's - Im a tentative buyer and Im confident one day I'll look at the price today and say - That was cheap

Debt on balance sheet as at March 2024 - £1,212,000,000 approx

Interest payable in year to March 2024 - £27,200,000

Turnover - £157.8 million

With debt at 6% interest rate rather than less than 2.5% interest bill will be £70 odd million - thats why I assume they say an equity injection is needed -

Labour are no more likely to win the election than they were yesterday and there was always going to be an election this year - Ive bought some this morning

HSBC proving once again that they are pretty incompetent and not trying to help - the shares will automatically convert to the Euro denominated shares - I'd be pretty confident that even the incompetent will be able to do that for you but its pretty shambolic that they cant portray this to you now as to what will happen

I don't think anyone expected it all to be paid off did they? The share price reflects the disastrous debt accumulation prior to covid. They have done as they said they would and reduced debt - the aim is to get the debt below £1 billion - as they move towards that the share price is likely to rise. Having accumulated shares over the past year at prices between 26 and 33, I doubt I will regret those purchases in the years ahead

34.5p does not represent a takeover. I would think it is the market anticipating an OK set of results and an OK outlook - decent results and a positive message will put the shares up towards 40p - a takeover will take the shares far higher. These shares are undervalued but the debt has been a real pull back on the shares. Get this under control and keep moving forward and these will be much nearer £1 within 5 years