Ripley94
14 Oct 2019
RNS placing BILB… XXXX All time low of 21.5p now. less then half the IPO …58p … March 2015 ( Above note )
Ripley94
05 Mar 2019
RNS placing BILB… XXXXX This dropped 40% top faller to 40p on today’s RNS trading update .
schwee
28 Jan 2018
Debtors At the half year the cash flow from ops was negative, mainly as a result of a surge in debtors. As far as I can see no explanation was given in the blurb.Any thoughts out there?
Roger Baron
17 Jan 2018
Re: Price Carilli
tonysoprano82
16 Jan 2018
Price Why the price fall
Plantaginent
12 Jan 2018
Technical Issues Any ideas as to what this is about??
swiftbird
22 Nov 2017
Re: Up 21% today Simon Thompson is recommending the shares in his Investors Chronicle column. The brokers always react by hiking the price based on his articles.
Brown Bull
22 Nov 2017
Up 21% today Why?
Ripley94
16 Jul 2017
Re: RNS placing Mention more then once by Gervais Wiliaams as a good company ( ex Gratmore .. now miton asset managers ) in a video dated 12 July 17 money mail and you tube.Service Sector were ive been well burnt before .And last week CLLN .dropped down to 40p but a steady rise to April 17 to a high of 86p before retracing to 72.50 and staying flat for last month.
Keyhole Three
23 May 2017
Whoa! I was not expecting that..Whats the news?
gallant02
28 Mar 2017
Re: management Appear to be imploding, lost key management, losing key contracts, posting mis-leading financial information. It needs up-dated information to show that more recent acquisitions are making a meaningful contribution, but in my eyes management have lost credibility.
ianexile
24 Mar 2017
management Not a word from the company in over 3 months. Share price has declined steadily over the last 6 months by 65%.what is going on with this business?
gallant02
19 Dec 2016
Re: RNS placing This is nothing to do with accounting policies; when sales increase by 159% and "underlying profit" only increases by 38%, even after questionable add-backs, then you know there is a fundamental problem.They were exaggerating profits on the day they floated and ever since have relied on smoke and mirrors to keep the sp up long enough to buy more businesses. If there are underlying management issues then trying to buy yourself out of trouble never works.Management have lost trust and credibility and it will need material management changes or a takeover to restore faith in this one.
Meanbugger
18 Dec 2016
Re: RNS placing I've thought about this more and I now think that the outgoing FD could be the good 'guy'. The timing of her resignation as a director on the 15th means that she has refused to sign off the interim accounts. In my view some of the accounting treatment in the accounts to 31st March 2016 was 'borderline'. Under extraordinary items were acquisition costs which actually included part of the directors' remuneration and framework costs which most companies might regard as normal overhead costs.Restating the financial statements for 2016 which has had the effect of making the 2017 results look less bad must reflect badly on the FD even if it wasn't her fault and her position was probably untenable thereafter.There have been some good comments on the ADVFN board regarding the industry Bilby operates in. Large holders of Bilby such as Western Selection need to ask some tough questions to the management about the situation. The way things are going the auditors should also be asking some tough questions at the year end.There is very little to support this company being listed on AIM. The idea of growing by acquisition is a good one but the combination of a worsening balance sheet, 'borderline' accounting and boardroom disagreements is not helpful for when the company needs to raise extra funds. The Copolos should take it private again.
Meanbugger
16 Dec 2016
Re: RNS placing I hold these indirectly. It's not entirely clear what has gone wrong but my guess is that the outgoing FD has failed to understand the accounting standards differences between private companies and AIM companies. AIM companies have to follow IFRS which imposes much stricter rules for revenue recognition and apportionment of costs. Therefore a private company can be profitable but under AIM accounting it may be loss-making as it can't necessarily include all the revenue within a particular accounting period. Buying more private companies as has been done this year can exacerbate the problem. You think they are doing well but AIM accounting tells you different.I'm worried now that cash will be tight in the early part of next year hence the slashed interim dividend. My best guess on what happens next is a bid for the company round about the 50p level to avoid having to seek a fundraising in the spring to pay deferred consideration and strengthen the balance sheet.
