Member Info for WarrenBuffettisRich

As soon as funds clear I'm back in for some more. If it stays at this price I'll continue to add with savings/earnings.

This is a great little company at a ridiculous valuation. Just park some cash here and wait and we'll all be rewarded in due course. Currently it's due to earn ~10% in dividend yield if the board can make good on their promise of capital returns.

I think they can hit £300m sales this year if we are optimistic which at 5% net profit margin (an achievable target maybe not this year but in the long run) should give £15m profit. At £60m market cap it's a no brainer. As long as this company can continue to grow and then improve its operational efficiency (CEO knows what he is doing, has been in the business long enough), I would not be surprise to see this company hit £300m market cap in a few year's time. Short term? No one knows, but it's cheap as hell and I was considering investing before the 30% drop.

I don't think the results were bad at all. Good company with good growth prospects. Small companies always seems to be judged a lot more harshly than the big boys. Hope it drops more so I can get in at a good price (sorry holders)!

Looks like you got your wish. Another good contract win - revenue is partly a timing of when these contracts are fulfilled but generally there is a growth story at a cheap valuation here.

Bit disappointed on the fall in revenue vs PY but margin/profit/div increase is nice. Pipeline still looks strong so no real change to the story really, buy/keep and hold.

Are on 8th Sept

All the big boys can see this is cheap as hell and have correspondingly parked some money here. Personally I hope this doesn't jump up until I can get aboard... waiting for profits on other investments to materialise first - think the next set of results are in June am I correct? Hopefully I can get on board around April/May...

Personally I believe there is very little cover of this stock and no visible signs of any reason why people should be interested just yet; wait till the next set of results around 10th March and I think we can now look at these prices and think what a bargain. In terms of equities this is one of the best value around. Might as well avoid equities all together if people think the stock market is going to tank and long the dollar or something. I've held this share for I think around 9 months now... patience is a game I'll willing to play on this one.

Just wanted to echo your opinions; from a fundamentalist POV, this share is cheap - should really be worth £3-4. Only downside from my perspective are bad news leading to poor sentiment (ie defaults in Dubai) and the possibly dodginess of the management. However, I still think at these prices it's way undervalued. Am currently out of it atm but will look to get back in before results; hopefully around these prices if not lower! Just waiting for some other investments to make some gains (bought in hmv at 95p :) and then release the capital and reinvest in Hrco. :)

'however with shippin on the slide the only true val lies in the comp assets' You need to get your facts right; http://www.bloomberg.com/apps/cbuilder?ticker1=BDIY:IND I'm not planning to wait years - once HCL announces a divi this year just watch the share price fly.

Oh yeah forgot to say, IMO small caps are always last to the party (bull market).

From what I remember the last time I looked they were making/on track to make about 20/30p EPS; at 10x P/E this equates £2-3. Net assets should be all assets less all debts, i.e. the value of equity in the company; basic accounting formula; Assets = Liabilities + Equity There's no real use trying to value HCL on net assets as their real business is shipping; i.e. earning money from using their ships to trade, rather than selling their ships and assets. But even on that basis they should be worth 2-3x the current value. Why has their share price been hammered in the past year? Well during the crisis it looked like world trade was going to fall off a cliff but it hasn't been catastrophic; HCL are still making good money! I'm so convinced I'll make money on this I actually took out a loan (I'm a young accountant... young = poor!). Am up on this already but holding on for £2 at least. You should check out Hrco also; another crazy bargain (that you can value on net assets).

At these prices (and possibly at any point under £1) this share is an absolute bargain. Buy £7200, stick it in your ISA, reinvest the dividends at low points and you can probably retire in 10 years.

Don't know. Closed my position a couple days ago at around 100p. Difficult to say as it really depends how they perform in the latter half of the year.

Well into profit now but see further drops.

You've been ramping these for a couple of weeks now - I'm guessing you went long on these around 18th May at around this price? Anyway, I think they'll post another loss in the next quarter and at this price they are overvalued. Look for an exit price of around 85p atm.

I do it through CFDs. Open an account with a CFD broker. Then for example I sell 10,000 WLF shares at 111p (opening a short position). It drops to 85p, and I close my position by buying 10,000 shares at 85p and I bag the difference (111-85p x 10,000 = £2,600). It's leveraged as well so saying I have a guaranteed stop at 120p (where if it goes above this level it automatically closes to limit my loses), I will only have to put down 120-111p x 10,000 = £900.

Do you want to ramp this share on your own for much longer? They'll post a loss in the next quarterly IMO. Shorting these.

Like many I have lost almost 80% of my portfolio in the wake of the credit crunch. I have dumped almost everything that and put it into Sola to try to recuperate some gain. At least Sola has the POTENTIAL recovering unlike RBS or some other dead shares I hold - also much stronger revenue stream than SIT and China is in the best position financially in the world right now. Make no mistake - renewables is the way forward. Luckily I'm in my early 20s :)