Member Info for threeputt

jimbo - "Mcap dropped to £7m which is crazy for the revenue" but mcap is not about revenue, its about profit (or expected profit), and more specifically, cash, on that basis it's very fair imo

worsleybird, I disagree, I think the markets may drop slightly but imo rate rise (and it will be a very small rise) is largely built into the market already

i dont see where the growth will come from except by acquisition or opening new stores. How are they going to cope with inflationary pressures on their £1 items ?

patience, this will rise when you least expect it

got any idea whats going on here ? I thought I'd got a good price

i think the market just answered my optimism, shame I didnt press the button

patience my friend......

had a feeling something didnt feel quite right here atm, and with shorters around i sold for a small loss first thing, didnt expect this though

but am getting interested nonetheless

wonder if something untoward showed up in the due diligence, a possible red flag ? watching for now

yes, they win an 'up to' £220m contract and the sp loses 20%, someone wants in here imo

soz - meant Faraday

Doughpea is banned here unfortunately but I keep in contact via facebook. He's called this pretty well spot on all the step of the way since around 110p, originally called 160p with the residual value, before the upgrade in the trading update of August when he upped it to around 200p including residual value & cash - all the while ic were recommending to sell before they finally came round to a buy rating

thanks for this, good read and nice to know someone else matches my expectations of good profit and low p/e, surely they dipped it lower recently to try and shake out some stop losses for some reason

ok so having subscribed to the rights issue I now have 2 separate entities in my HL account showing different selling prices, do they align in price at some point ?

doughpea thinks you guys should look at cash !

So as I see it current m/cap after payout = 24p , = m/cap of £7m , they will have £17m cash left after payout add £9m (10 x profits ) and market cap should re rate to 80p ish add 145 payout - fair value = 225p - open to analysis

ah i see u in here too, bought other day at 1.25

I dont know if I'm honest, but you can see from the charts the effect they had, in that they dropped afterwards for a short while before rising appreciably. I was never in opay to my disdain, and I bought acal after the rights issue (and neatly sold and rebought very recently profitably)

took mine up last night dont be surprised to see this in the doldrums for a wee while afterwards, see charts on acl & opay for similar effects post RI, but watch it move when it gets going