this week Barney?
Re: Flowgroup They do a different job,its a bit hard to compare the two.
Re: Moving up Apparently Zak Mirs first target is 10p THEN ON AND UP.He could be right about this as profit takers seem to have gone now
Wheat from chaffe I am slightly cynical about acquisitive companies. What starts as a strategy becomes a habit which can be abused by CEO's to get them out of holes when revenues or profits aren't growing except when they are making acquisitions.My guiding star is cash generation, but this in turn gets confused when companies place shares, and you lose track of the fact, and assume a great lump of cash sitting on the balance all the natural cash generation of the business, not the reinvestment by shareholdersIt also becomes increasingly hard to benchmark what true performance there is when every year or several times a year an acquisition is made.Once CEO's get in the habit of adjusting the p&l because of various amortisation issues, and exceptional costs right down (funny how exceptional costs are exceptional every year!) they find it hard to stop. I am not saying this is true of GB Group, but beware of acquisition as a habit.You would never know that the business that the business GB Group recently acquired was significantly loss making from its announcement on acquisition. Those losses may have arisen from sunk development costs, which may not be recurring. GB group may be significantly trimming down to an appropriate size a badly managed business. It may be taking the core development it likes and dispensing with other cost overhead. Let's hope it won't be earnings enhancing purely because GB has capitalised the development costs, an habit of some financial engineers.Many a time cash generative businesses have got out the torpor of boring daily business by an acquisition strategy that uses its cash to acquire, and gradually leverages the balance sheet with borrowings, and deferred acquisition costs. That's all well and good when the cycle is ever upward, but not so much fun when the cycle turns. Just saying....
Re: High dividend replacement LEGAL AND GENERAL ... OR ... CARILLION?
Re: High dividend replacement Do you have a source for this information?
NEW ARTICLE: 14 tech stocks under the microscope "UK technology plays have experienced a wild ride this year, and a 12% slump in the FTSE 350 Technology index since early September has given back all the previous month's gains. A series of profits warnings have spooked tech investors, and the ..."[link]
NEW ARTICLE: Animalcare joins Share Sleuth "Animalcare is a good company at an attractive price. Two good reasons to add it to the portfolio.Iâm adding Animalcare because its a profitable company with a credible strategy to improve profitability through the development of more ..."[link]
Todays 30% fall Oct 7th approx @ 5p
Re: RNS further disposal. TP,Just had a phone call from Paul Roger at Hansteen. He states that it was precisely because the sites had performed so well that they were sold, ie at the top of the game, and having identified a small portfolio of other sites in Germany/UK.which are undermanaged and unloved - ie with an aim of recycling distressed assets - So we should hear about these in near future. Sounds good to me! I suppose that the alternative might have been to dilute share value through a RI.
Re: Life returning to this dog? 'If this continues I might be in profit .................. at just over 11p average probably not for a while'Well, bear in mind what caused the drop from there and above1. DGC trial failure2. unimpressed by the acquisitions3. massive sellerThings could get exciting pretty quickly IMO1. The other compressor applications are coming along well. They're also partnered with majors - who unlike with the DGC, seem keen to drive projects forward.It's possible there'll be a positive update on the DGC still, but I write it off for now.2. The recent ACI contract rather changes that3. The seller is out.Right now CRA is actually doing quite nicely, but IMO some investors were so trapped in the past, grumpy about the DGC and depressed by the long sp decline that they've failed to see how the outlook has swung from negative to one much more positiveA good end of year update will cement that.
Re: dividend At least google finance now show a more accurate yield:[link] you're right, iii remains unhelpful.
Re: Why the drop? Some might call it luck, others might call it insider trading, As for the pre-announcement drop, some might call that manipulation. All I know is that private investors are the last in line to be enlightened.I agree. I wish I had that "luck". )
Re: Latest rise - 130p again ! Wow ....It has taken a four year wait to get back to the 130p level seen soon after the launch of FCSS back in 2010. Then the hype of Bolton's return to manage a Fidelity fund had lifted the share to be trading at an unrealistic premium to NAV..... being a long term investor I have held during the relegation years.Now that reality has set in, we are back in the real world trading at a 10%+ discount, along with nearly every other fund and hitting a genuine sp peak. With a new manager we are back fighting for promotion. Still a long way to go after only a 30% gain in 4.5 years though ! Onwards and upwards.....
Re: FLG Chart Breakout, very positive Out this morning at 367pNow to find another high yielder. No rush
Latest from the Community...
Latest from the Community...
Latest from the Community...