loadsadough
12 Oct 2015
Re: Loads mentioned this share on MML thread... Hello roco. FRM.Guess I found this on the ADVFN board news. Its where I often find stocks. Keeps me busy looking around. Yes it does look interesting so I give it a try and see how it does over time.I also looking at KBT, and CLG at the moment.Good luck roco.Loadsadough
roco200
11 Oct 2015
CORRECTION Whoops ....Sorry guys...got carried away with myself. Decimal spot in wrong place!!Forecast £1.75m profit equates to an EPS of £0.008p, (not £0.8p) so current SP of 8p looks about right to me - 10 times earnings.But they say they are confident that profit for this financial year to August 2016 are likely to be substantially in excess of £1.75m so one would expect the SP to head further north over the year if that is delivered.Apologies again, especially as I have not posted here before.
roco200
11 Oct 2015
Loads mentioned this share on MML thread. Hi LoadsI wonder where you found FRM?It does look interesting.As you say it has moved up a few gears this year, suddenly trading profitably and forecasting EPS of 0.8p (SP 80p) when it is currently 8p and has already risen from 1.63p in May.The balance sheet looks fine, they have cash, they say "profits for period are well ahead of mgmt expectations" & confident that profit for this financial year to 31/8/16 are likely to be substantially in excess of the £1.75m forecast in 2015.It seems tied up with the Kennedy family who have "skin in the game".The director's salaries are very reasonable.The only negatives as I can see, is the spread is 12.5% & they don't pay a dividend yet, but that looks likely to change very soon.Have I missed something?
BOWOOD
23 Sep 2015
Re: Up date I have never seen such a positive and remarkable update. And what an impressive forecast of at least £3.5m for the year to 2016. A SP of 25p-30p is on the cards when FRM is rerated by the market, with or without any buying.
BOWOOD
15 Sep 2015
Up date On 28 August we were told of a more detailed update shortly. This I feel will be very good when it comes as I think the two major developments will have a material and positive effect on the results and pave the way for an interesting future. The project management side is also performing well. Could be massively undervalued.
1to7
28 Aug 2015
profit share agreement I am new to this company. Could someone explain the details of the profit share agreement we have with these other companies..
BOWOOD
11 May 2015
Interims Interims are due within the next two weeks and should show further progress. New Directors appointed, demand for their services increasing and a massive development project underway and further projects being looked for. Worth a lot more than 2.5p IMO.
BOWOOD
14 Apr 2015
Potential With the London market booming I feel these have fallen too far and offer a lot of potential
