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IIIInteractive Investor
DTMdiscussthemarket.com
ESTL theprior
21 Nov 2014
Re: Rights Issue Details Nov 14 FWIW I took up mine but I've not applied for extras. Still considering the likely outcome of their future.. got till Monday to make up my mind. Hmmm. Good Weekend, folks,TP
AUM lehira
21 Nov 2014
Half yearly results Does anyone know when these are due?
PHP Dingledangle
21 Nov 2014
Re: This looks good value In these since 2012, a very reliable dividend payer. Held back at under 350p for some time due to lack of dividend cover, but should head higher in a year or two. A solid hold from me.
So they have set the scene, 2 so called MOU's, Mt Tang has pulled out his 6 mil shares, Mr Gu has pulled out his 7 mil shares, now it's slowly but surely sell their shares, make a killing and leave by the back door as the MOU's disappear. Clever Chinese.
SRP Boring Bernie
21 Nov 2014
Re: Free fall HardboyRe "Their latest release predicted profits this year (after financial corrections) of £130-140m. That's an EPS of around 20p, which puts the current share price at a PE of under 9, which is cheap for a profitable company."That's only part of the story though. They aim to raise up to 550 million early next year. Even if that money was raised at say 160p a share, that would mean there'd be another ~ 340 million shares in circulation, giving something like 890 million in issue. In itself that takes eps down to ~ 14.5p, giving a PE at a sp of 165p of ~ 11.in reality it looks like the market is pricing in something closer to 120p / share for the placing. Run it through the same calcs and you get an extra 460 million shares; 1010 milion in total; eps of ~12.8 and a PE of ~ 13.Medium to long term, will 550 million be enough ?Given the fund raising, cash flow and uncertainity over profits in the next few years, it's hard to find a reason to buy Serco at current prices and I fear the shorters are going to win on this one for a while yet.
ACHL Vincentinvestor1
21 Nov 2014
Re: AGM Special Resolutions it was non chinese institutional shareholders base that voted against the two special resolutions to allow the issuance of more shares , basically this is good news for the private investors as risk for dilution is zero at this momentin medium term I expect a major change in ACHL shareholders base whereby the initial chinese shareholders will sell outimo
MXO Stuartyboy999
21 Nov 2014
NEWS I am sure that there is something going on in the background.. When sp starts to move further upwards, its just may be a 'sign' something brewing.. Nevertheless been disappointed before, so no balloons yet!
LEK swooped
21 Nov 2014
Re: down down down On the basis that we have hit double bottom so if nothing else we should see a technical bounce, additionally we are now very undervalued, in fact our gross 2C oil resource estimates have grown 57.6% to 56.75 mmbbl since we were at a higher valuation than today, additionally time is passing and thus we are closer to the Otakikpo field development for production thus cash flow is now a closer realisation. We are also at a lower price than that which the funds bought in, all these factors will give rise in IMO to an increase, at the moment we are just in a 'playing' cycle and I will not be surprised to see some bigger buys come in with the inevitable holdings RNS to come as funds realise the above also.
STG dwiggy
21 Nov 2014
Re: 1p today "We have potential gold of about 500k ounces"Hang on GuruA regional exploration target of 250,000-500,000 ounces of Gold is GMOW's aim. That hasn't been explored yet and your quoting the higher end of this aim, it's sill huge even if it hits the bottom of that aim but this is still speculation on whether this amount is sitting there at the moment which is why this hasn't taken off yet...The next RNS could be the one that really gets this motoring, and potentially less than 7 days to wait!..
CRE sound money
21 Nov 2014
Re: Main IC tip now Volume really up today. Someone building a stake? £1.50 would not be expensive. Further to go.M
ACHL Bowman
21 Nov 2014
AGM Special Resolutions Interesting that the two special resolutions to allow the issuance of more shares were not carried as the result of insufficient backing.If my data are correct then no new shares have been issued since December 2013, so we appear now to have a stable base.
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