The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Was a report on BBC this morning about access to Broadband (In remote areas). Anyone think that this share has potential on the back of both the report and infrastructure development?
Graph shows this peaked at 54p before falling back to its current level. Is this a mere glitch?
Anyone know why this is showing a 115% rise on the Halifax (Top Risers board)? Is this an MM game?
Anyone thinking this has further to run?
I am thinking about a punt in this despite the threatened de-listing because I am thinking that given the assets compared to the price there should be profit in this. I have read through the notices that are available and it seems that any incentive (Which you would expect) was quite intangible. The boardroom politics are really quite fascinating in this - anyone got any thoughts . I will give a penny for them!!!
Anyone still in on this. Saw that here is going to be a share consolidation. Have a small holding but honestly not enough to justify any worry but just wondered what people think of this¬
Has featured in shares already this year. Purchased on the back of that and am 28% in profit. Seems quite stable at present and expect there will be more to come here. Not selling but not yet sure whether to purchase more just yet. May just stick a little in week by week via sharebuilder. Electric Warrior quite likes this one I think!!! I do to.
Agree that this looks a little undervalued. Last results gave the follwing Revenue from continuing operations up 82% to £62.7 million including the full year effect of the 2007 acquisitions and Rainbow Tours (2007: £34.5 million) Strong forward sales: up 36% to £25.7 million at 30 September 2008 (2007: £18.9 million) and up 28.3% on an underlying like-for-like basis Gross Profit from continuing operations up 73% to £9.7 million (2007: £5.6 million) Underlying operating loss from continuing operations £2.0 million (2007: £1.2 million). Loss for the year of £4.4 million (2007: loss £2.3 million), is in line with management expectations Cash levels remain strong with a cash balance of £8.3 million at 30 September 2008 (2007: £13.4 million) The group has no debt and no material forward commitments are required for the group to operate in the 2008/09 financial year This was in December. Last trading update was relatively positive in light of a seasonal lull. Any thoughts on this people?
I got these last week after the big fall and got out yesterday morning. I am glad I did at the moment. Seems the market is unprepared to tolerate the losses in Hungary. Yesterday I was asking myself how much chance that there are further shocks to come in the results and even if there is not I am still sure that the slant will still be down to the losses. That being said it is of course your decision to make and the Broker did mention that they are fairly relaxed about the balance sheet.
This has a target price of 630 at present, the results were good, the company has cash. I am sure this has some climbing to do in the next month or so. I am personally targeting 550
It's ok - I know what you mean. Though the volatility maybe dependent on which spin is put on the outlook. I am certain the results are good and the share is somewhat undervalued.
Worth buying today?
Refuse to believe that this is now worth near half of what it was last week!!
Would be interested in hearing any thoughts that you have about the larger trades. One @ 6m + 4 more at 1m plus. Personally I wonder whether these will go through on an RNS or a sell come monday. I don't expect this share to do nothing come monday but I feel it will be very volatile. I am kind of nervous about this because I would have expected the loss to narrow a tad towards the end of play yesterday!
'We are relatively relaxed about the company's balance sheet'
I got in this today and your comparison to CTT is haunting as I did lose some money there. What makes you think that this is the same scenerio though (Aside your percieved similarities with CTT business model) My current thinking is that the situation (At least in Macro terms) is vastly different because CTT distress was based I feel on a double stroke of bad news along with an obstructionist firefighting approach. The bull in me would suggest the volumes today hint of a more forgiving sentiment, based perhaps on the company's (apparent) 'openess'. Then again maybe the Broker forecast indicating no concerns / relaxed attitude about the books may have encouraged some buyers. I don't know. Personally I don't know with this one!!
If that happens, I swear to god I will have steak again next week!!!!
Don't rely on me for common sense. I must say however that I have noticed that along with some pretty big trades happening today - Hlaifax is showing up 4 trades at 2m.
Anyone else (getting) in on this?
Personally I am watching this one. Holding about 20000 of these and I don't like cashing in a loss on the back of such a large drop. I think yesterday was overblown and this is taking the biscuit a bit but I would say that this drop today was neccesary. I will consider topping up at 7.5