Member Info for Time2Buy

Will continue to add at these levels.

Actual online spread is 1.3/1.35 so nice and tight

Hopefully get some good news soon

Well current buys at 1.27 now. Two days ago it was 1.21 and bid was 1.15. This potentially could spike if buyers take advantage here. As I said previously these were over 2p and not much has really changed.

Although they have dropped the bid the offer continues to rise

Even at 23m EBIT a re-based market cap at 10x PE would give 230m CAP. Currently at £109m. Huge upside here on even moderate results.

Even stripping out the people plus completely the underlying profit after say 3m finance costa is circa 18-20m EBIT. At a conservative 8x PE you are still looking at a market cap of 140-160m on a very very bad case scenario. Which would be a share price of £2 to £2.30.

Let’s just hope for no exceptional items in this earnings update and for me that’s a winner.

Later this month will be well received

I believe this will go straight back over 200p and then rise to 220p again

Just need some consistent buying. Potential does look good

If it picks up with a few more buys coming in I may join in the fray.

Could there be a return to shareholders?

Anyone able to get more without negotiation?

Considering that these were north of 2p not long ago. Would be one to tuck away for the impending news.

Cairn moved into Profit I see. Let's hope that we get some good news tomorrow

https://www.petroleum-economist.com/articles/upstream/exploration-production/2019/lebanon-to-struggle-to-replicate-israeli-success

Good to see this rising back. CAL is another one in the same sector where a bid could quite easily materialize on current valuation.

With the bid news at INTU I can also see this as a possible takeover target at current valuation.

Seems like some are adamant on talking this down regardless. Personally, with Predators in the wings, I think I would rather be long than short at this stage.

https://www.standardmedia.co.ke/business/article/2001340769/regulator-gives-nod-to-sale-of-de-la-rue-unit

https://uk.reuters.com/article/us-g4s-m-a-brinks/brinks-co-considering-1-23-billion-takeover-of-g4s-cash-business-sky-news-idUKKCN1VR1MT?rpc=401&