OmniChart

COMS Brown Bull 26 Nov 2014

Re: Huge correction I think the price rise (which has stopped today) was due to COMS being previously oversold., not to any impending news.COMS has had two body blows in the last six months - the accounting disaster which happened in June, when it had to correct overstated results (which rightly knocked confidence in the company) and the increase in losses reported in October.Neither of these were IMO as bad as the market perceived them. The accounting issues did not affect the underlying profitability of the company. Responsible senior directors fell on their swords appropriately. The interim losses were after a large one-off exceptional item - without that the company would have been well into profit. The decline in the share price from the pre-June level (over 50%) was clearly overdone, and has now been at least partly corrected. At this level IMO it is probably a weak buy.

KCOM truegent 26 Nov 2014

Re: 80 to go in Kcom there was absolutely nothing in the article that said the staff were 'critical staff across the board'. so unless you work for kcom - which i highly doubt - then you also 'know nothing'.kcom is not a growth stock its an income stock. you invest for the divis. EPS was predicted to be flat this year from last year and thats exactly what it is. so im not bothered about the drop and assuming the sp is still around the 85p mark in a few weeks i will probably top up for a nice 6 -7 % div yield.

FITB RedOrBlack 26 Nov 2014

Re: Court case.... Thanks TBT, I've tried to access file 50 which is the Summary Judgement but no joy. Any chance you could try it and post the link if successful?From the previous link it looks like there's a Motion Hearing December 10th. This is the most likely date for the decision on the SJ as alotting court time is a drawn out process and we're unlikely to get a judgement before hand, but you never know.RoB

KLG mantrova 26 Nov 2014

Re: RNS out Wow, it's seems to have taken an age for folks to catch onto this news!m

SEC Brown Bull 26 Nov 2014

Re: Going like a rocket As cimbom predicted, SEC is now trading at a premium to NAV.

KLG BuyBAO 26 Nov 2014

This touched 8p last month

RBS digitaldanuk 26 Nov 2014

hello RBS

AMI Ripley94 26 Nov 2014

Re: ...Mona Liu sa... As i type why is this site showing today low 7.6 and high 17 up 53% ?when it is suspended.

PAG oldjoe1 26 Nov 2014

Re: FT Comment On PAG..... Emma Ann Hughes | Published Nov 25, 2014<b>Paragon buy-to-let completions up 82.5%</b>Buy-to-let completions at Paragon rose 82.5 per cent to £656.6m for the year to the end of 30 September 2014.Today (25 November), Paragon reported a lending total of £500,000 by Paragon Bank for the 12 months to the end of September, which commenced its buy-to-let operations during September 2014.The indexed loan-to-value of the overall buy-to-let portfolio stood at 71.7 per cent at 30 September 2014 compared with 78.4 per cent at the end of 2013.Annualised redemption rate on the total buy-to-let portfolio was 4.1 per cent in 2014 compared to 2.5 per cent in 2013, reflecting increased housing market activity.Paragon Mortgages maintains a significant presence for the group in this growing sector of the UK mortgage market, contributing £80.5m to underlying group profit, a 14.5 per cent increase.The aggregate new business pipeline stood at £414.8m at the year-end, 78.9 per cent above the level at 30 September 2013, underpinning strong growth rates into the new financial year.Nigel Terrington, chief executive of Paragon, said: “The past year has seen considerable progress in the group’s strategic plans and in the performance of its businesses. Significant progress has also been achieved in diversifying further the group’s funding sources.“In particular, the formation of Paragon Bank has provided us with the opportunity to diversify further both income streams and funding and we expect it to play an important role in the group’s future plans.“The group benefits from a strong capital position and I am pleased to announce a 25 per cent increase in the dividend, as well as an initial £50m share buy-back programme, as we seek to complement strong and sustainable growth with improving shareholder returns.”[email protected]

PAG oldjoe1 26 Nov 2014

FT Comment On PAG..... PAGFrom The FT......<b>Paragon buoyed by buy-to-let market</b>Emma DunkleyAuthor 26/11/2014Paragon Group, the specialist lender, said profits had reached a record level this year as the growth of the buy-to-let market in the UK gathered pace.The group said underlying pre-tax profits rose 18 per cent to £122m for the year ending September 30, up from £104m last year.Profits were buoyed by the group widening its distribution of buy-to-let loans across its Paragon Mortgages and Mortgage Trust brands, which helped spur an 82.5 per cent increase in buy-to-let completions to £656.6m.Nigel Terrington, chief executive, said there was “ongoing demand” for rented property and that Paragon was “in the thick of it”.“There are more people renting than in the past,” he said. “This has also been compounded by the Mortgage Market Review coming in. The likely reduction of available finance to homeowners pushes up more rental demand.”Savills, the estate agent, forecasts the UK private rental sector will grow to represent 24 per cent of total housing stock over the next five years, up from 18 per cent at present.Idem Capital, the specialist debt purchasing division of Paragon, also contributed positively to profit growth, increasing its investments net of debt by 89.3 per cent to £175.7m.Mr Terrington said large banks will increasingly offload their non-core divisions and that bid-offer spreads have narrowed on these assets because of a better funding environment, meaning non-core portfolios are now more likely to sell.Paragon’s profits would have been higher had it not been for a £6.4m loss as a result of costs associated with establishing its new bank, which launched in February.“But we’re not trying to challenge major UK banks; we’re a specialist lender,” said Mr Terrington. “We have no plans for branches or current accounts, as we focus on narrow areas where we think we can do things better than others.”The bank offers a range of savings products and loans for consumers and small businesses and was initially injected with £12.7m of capital from Paragon Group.Paragon bank started taking retail deposits in June and gathered £60.1m by the year-end.The group said its capital position remained strong, with a core tier one ratio of 19.7 per cent and a leverage ratio of 8.3 per cent.Paragon has also announced an initial £50m share buy-back programme to help improve shareholder returns, Mr Terrington said.Dividend payments for the year will increase 25 per cent to a total of 9p as a result of the profit increase, the group added.

FDL Kronom 26 Nov 2014

Depressed really not taking well the drop from today... takes weeks for the stock to go up... and every gain gets wiped out by a small negativity from the performance reports...The volume is also way too low to affect the price to this degree...

IXI Koifishman 26 Nov 2014

Re: Dead cheap -100% upside. Few shares so moves on trades of any size.

CLDN Ekati 26 Nov 2014

Re: Results Missed them ( and a gain of 50% ) some two years ago. Waiting for a ( substantial ) correction before stepping in.

TLPR Spain Fund 26 Nov 2014

Re: Placing to part fund PVM deal Just got out in time last Thursday. What now?.

ODX gretel 26 Nov 2014

Good H1 results today ....achieving 0.5p EPS in H1 despite the problems in Germany and some supply delays.The back orders falling into H2 for infectious diseases should mean an even brighter H2 given that food intolerance is booming. Forecasts of 1.2p EPS for the year look perfectly reasonable.ODX have £2.1m of cash, with relatively small long-term borrowings to offset, so should hopefully see no or minimal dilution over time - given the profitable core business - through to commercialisation of the Aids test and the allergy programme.