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FLYB mildmouth
19 Oct 2015
Re: Widebody aircraft Informative, relevant and witty.... made me smile thanks!
SAL Blanketstacker
19 Oct 2015
Re: Network Rail contract win One could briefly buy sub70 today. I think the lower 60s beckon. This rose to 140 on a flow of good news, and fell to 40 on a trickle of bad news. No news is seeing drift, and I think the new conservative approach by management will reduce the RNSs to a minimum. This has become a medium term hold for me. Into the 90s would be nice, and we should see that within a year or so. Be patient young sir!
OXS Brookie Boy
19 Oct 2015
Re: RNS - more fees taken as shares I agree. Closing auction price looks a bit sick though (3.85p?) but confident that we will know the legal outcome in 20-odd days, and likewise that it will be a good decision for OXS. If that occurs then I don't think we will see 40p+, but will see a significant multiple of today's SP for certain.
ORCP Boring Bernie
19 Oct 2015
Re: Not Complaining but why? There seems to have been a fair amount of buying pressure again today, maybe brought about by three early trades of 500,000 shares ? A fair amount of trades of 500k and a million shares have gone through today and on Friday, most of which have been delayed so it's hard to say categorically they're buys.The really big recent trades were16-Oct-1515:38:312.002,163,094Sell* 1.952.1043.26kO 16-Oct-1511:25:111.8010,735,795Sell* 1.952.00193.24kBoth were delayed, so are marked as sells because they've been judged at the time they were published rather than at the time the trade went through. Looking at the trades at that time I'd say the 2.1 million trade was a Buy. The 10.7 million trade isn't an obvious buy, but it's hard to believe it was a sell, otherwise surely the sp would have dropped like a stone ?Puzzled but holding describes my position at the moment !
OXS GENG
19 Oct 2015
RNS - more fees taken as shares They must surely have an idea the outcome is positive - especially just after the "very soon" announcement.
MCT digger61
19 Oct 2015
XD was 15 Oct
FLYB digger61
19 Oct 2015
Widebody aircraft The Embraers are narrow bodies not widebodies...there again they could be dead bodies!
FTE oliversydney
19 Oct 2015
buying opportunity The latest announcement in discussion in relation to significant new projects with potential to provide substantial value to shareholders in the near term seems to me very interesting with the language significant and substantialWith a purchase of 133 million just gone through i have topped up at what is a rock bottom price
TPL 3Dimensional
19 Oct 2015
Could Nostrum be on the cusp of making another offer more inline with their original offer..........Please DYOR.3D
At least meldrew44 is consistent. He says exactly the same on this stream as on CPX
TCM oldjoe1
19 Oct 2015
TCM, DERD CHEAP. TCM Telit Communications, interesting to see how the P/E falls to just 15.2 to 2016, whilst the historic actual P/E was 38 in 2014. This is derd cheap and we should see the SP appreciating substantially from here. Telit Communications PLCFORECASTS2015 2016Date Rec Pre-tax (£
EPS (p) DPS (p) Pre-tax (£ EPS (p) DPS (p)Canaccord Genuity Ltd 12-10-15 BUY 17.92 13.68 25.54 18.24 2015 2016Pre-tax (£ EPS (p) DPS (p) Pre-tax (£ EPS (p) DPS (p)Consensus 17.92 13.68 0.00 25.54 18.24 1 Month Change -1.58 -0.93 -5.07 -3.35 3 Month Change -1.58 -0.93 -5.07 -3.35 GROWTH2014 (A) 2015 (E) 2016 (E)<b>Norm. EPS 15.22% 86.49% 33.33%</b>DPS % % %INVESTMENT RATIOS2014 (A) 2015 (E) 2016 (E)EBITDA £19.63m £27.76m £37.01mEBIT £10.32m £14.99m £24.11mDividend Yield 0.00% % %Dividend Cover x x x<b>PER 37.99x 20.37x 15.28xPEG 2.50f 0.24f 0.46f</b>Net Asset Value PS 13.58p p p
POG nk1999
19 Oct 2015
Share Proph view "Buy Petropavlovsk at 6.47p - target price to sell within 3 years 19p says Tom Winnifrith Investment Case: As noted last month with Berkeley Energy, it is not a surprise to see eye-watering share price declines over previous years for stocks with sector: “Mining”. Shares in *Petropavlovsk plc, formerly Peter Hambro Mining, (LSE
OG) have particularly suffered – they down from more than 400p at the commencement of 2011 and more than 100p at the commencement of 2013 to a current 6.47p offer price – amidst a combination of sector-wide and company-specific challenges, the latter including a vast debt pile. However, a recent refinancing and refocusing – with production now being optimised from a cash generation point of view – now offer the promise of a decent recovery from current levels and the shares are a buy…the target price to sell is 19p within three yearsOperations: The company is currently producing from four gold mines in the Amur region in the Russian Far East; Pioneer, Albyn, Malomir and Pokrovskiy and recently particularly noted “further positive results from the exploration of high-grade ore bodies at deeper horizons” at its flagship Pioneer mine (H1 2015 production of more than 99,000 ounces), adding “these results have allowed us to commence talks with potential foreign subcontractors to carry out detailed underground exploration”. It is also the largest shareholder in IRC Ltd, an industrial commodities company listed on the Hong Kong Stock Exchange.Fitbug (lack of) Sales Director walks – when’s the next bailout placing? HEREManagement Incentive: A co-founder of the company and Chairman since its formation in 1994, Peter Hambro’s remuneration last year totalled £555k and, following the refinancing earlier this year, he has an interest in 152,280,861 shares. Hambro has now been re-joined at the company by fellow founder Pavel Maslovskiy who relinquished all remunerated positions following his appointment to the Upper House of the Russian Parliament. Having now retired this, he has been re-appointed as CEO and, following the refinancing, his interest totalled215,553,105 shares.Financials: Following a strategy of decreasing costs and generating cash in line with a deleveraging programme, Peter Hambro noted “it is welcome to be able to report a small operating profit in the first half of 2015 in spite of the lower gold price and a 26% yoy reduction (to 229.7k) in the number of ounces we sold”. After net finance costs and tax this was a $27.70 million attributable loss from continuing operations, though the company emphasised that advance stripping work, at the expense of lower-grade production, allows it to maximise higher-grade production in the second half of the year.Additionally, following an approximately 9% year-on-year decrease in average total cash costs for its four mines to $767 per ounce, the company noted that it “decreases its guidance for total cash costs of production from below $700/oz to c.$600/oz”. Following the noted refinancing, which included the company raising more than $156 million of new equity in the period, net debt was reduced to $696.12 million.Risks: There are of course the general mining risks – including, in this instance, the price of gold. Though with sentiment currently dire, we are optimistic here. There is also risk associated with operating in Russia – though these are experienced operators in the region, with the group having operated in Russia since 1994.Despite the recent debt reduction, there is also clear balance sheet risk. This is even more so with the company having provided a guarantee to the Industrial & Commercial Bank of China in respect of a $340 million loan facility to fund the construction of IRC's mining operations at K&S in the Russian Far East. It is noted that in IRC’s “financial statements for the six months ended 30 June 2015 they have identified a material uncertainty in relation to their ability to continue to operate as a go
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