paccamac
02 Jul 2015
Re: results Philip Letts = serial failure and self aggrandising fool.This is exactly the sort of company that gives LSE and the City a bad name.
LoadsaDosh2
02 Jul 2015
Re: results 10m loss, yuck. Whatever way they spin it (investment), a large chunk of the 'administrative expenses' appears to be staff and 'admin' so these are rather more like ongoing costs aren't they? To claim profit increased to 1.65m is misleading to say the least.Not worth buying until they make a REAL profit.
forwardloop
01 Jul 2015
results [link]
paccamac
15 Jun 2015
2014 accounts The AGM is scheduled for 30th of this month and shareholders still (!) don't have sight of the overdue accounts.The FRC investigation remains on-going but I believe the numbers must be released prior to AGM which coincides with the 6 month limit for publishing annual accounts lest blur get suspended.One wonders to what extent the market has already priced in the pending car crash to the current share price.
paccamac
05 Jun 2015
Re: Worth a Punt Arf!I think folk also need to remember that last year's accounts are now overdue so don't be expecting a red letter day.There is the mother and father of all restatements due to their ridiculous revenue recognition with is simply fantasy accounting a la Quindell.
djark
05 Jun 2015
Re: Worth a Punt Scooby, it was a 'punt' at £5.00....not many people are 'winning' at 50p.On the whole when I've bought shares that I have perceived as 'cheap' they've just got cheaper, but Letts wait and see.
Scooby Doo It
04 Jun 2015
Re: Worth a Punt PaccamacThen you should come with a warning, "past performance is no indication ...." 😀no means is this yet an investment, I said it was a punt and so far it is winning, naturally time and I interims will tell.
paccamac
04 Jun 2015
Re: Worth a Punt eye-userI've been right about this stock for the past 3 years when it was up past £7. A dead cat is still a dead cat regardless of the bouncing.
eye_user
03 Jun 2015
Re: Worth a Punt Worth a punt? I think not.----What a load of clowns on this BB lol
eye_user
03 Jun 2015
Re: Worth a Punt Good call!
Scooby Doo It
03 Jun 2015
Re: Worth a Punt Well looking good so far
Scooby Doo It
26 May 2015
Re: Worth a Punt paccamac. You are correct bookings
djark
26 May 2015
Re: £1 buy in time for the 75p bri... Dum de dum....
paccamac
26 May 2015
Re: Worth a Punt PS - I think I've found your $33M number but this is 'bookings' which has absolutely no correlation with statutory revenue. This is yet another made up statistic that Philip 'Jimmy Hill' Letts uses to pull the wool over the eyes of investors.
paccamac
26 May 2015
Re: Worth a Punt ScoobyWhere on earth do you get $33M as an H2 revenue number? The last forecasts I saw were from November last year. One was from Edison shortly before they dropped blur as a customer and these showed FY'14 revenue of $12.3m and FY15 being $25.5M. These were then downgraded, yet again, in January by that well known bastion of objective research GECR, which showed $11m and $20m respectively. These downgrades were prior to yet more ridiculous RNS statements being issued by the company and the recent debacle with the CFO.We know the FY14 numbers are delayed and due to be restated which will be a train wreck and so too will the FY15 forecast. My own opinion is that FY14 numbers will be LESS than FY13 of $4.8M given the financial reporting council are now all over blur with a fine tooth comb.Your $33M H2 numbers are roughly about 90% overstated in my humble opinion and this is BEFORE taking into account that this company has never hit a single forecast in its short miserable existence as a PLC and is losing a fortune every year.Worth a punt? I think not.
