Belgravium Share Discussion Threads

[cocker] 04/3/2015 10:22

JK really nice guy but not the man to lead bvm forward. eps looks so good & divi was really quite juicy so ask yourself one question. If both are so good why are investors not falling over themselves to buy the stock.

[varies] 04/3/2015 09:37

A dividend of 0.13p, which we expected, would have cost only £130,000 and so it does look as if the acquisition being considered would stretch BVM's resources. The implication is that we will receive no dividend for 2014 if it proceeds and, indeed, there may be a dearth of dividends until it is absorbed.
Missing this divd is annoying but I would hate to see a large number of new shares issued at a discount.
Let us hope the acquisition is a good one.

[cocker] 04/3/2015 08:38

up 13% on 200k where it was a week or so ago tells me nothing. Let it break through 6p before i let JK off the hook.

[rivaldo] 04/3/2015 08:19

The market appears to like the results, unsurprisingly.

Much better to have an earnings-enhancing acquisition lifting EPS even further, to say 0.8p-0.9p EPS. And there may yet be a dividend anyway, the decision has only been postponed until BVM know whether the acquisition will go ahead or not.

The bullish outlook statement is however the best news.

[cocker] 04/3/2015 07:56

Agree Harrogate. No divi on basis of possible acquisition, which is at an early stage will leave a few with a bad taste in their mouth. JK needs to step aside before this company can move forward.

[rivaldo] 04/3/2015 07:54

GingerPlant, BVM actually did extremely well through the depths of the recession in remaining profitable and soundly financed.

It does seem that BVM is now on the up and up. Certainly one can see at least a 7p share price - 55% upside - in the short term based on 0.7p EPS this year, with further upside if the proposed acquisition comes off.

Given that we know BVM will continue to invest and will therefore continue to receive substantial R&D tax credits, dropping in a full tax charge would seem to be completely self-defeating in assessing true value.

[harrogate] 04/3/2015 07:41

Surely we should be thinking of looking at the rating based on a profit after a normal tax charge of say 20% rather than a tax credit. If you do that then EPS would be much lower and the rating high enough.

[gingerplant] 04/3/2015 07:22

Excellent results - and worth quite a bit more given time and 'proof' IMHO. Probably up a bit today - but I'm more interested in where it will be a couple of years from now; double? The trouble is, we've had a few false dawns; seeming progress followed by two steps back.

Nevertheless, it's not too hard to imagine an op' profit of >£1m on revenues well over £10m and growing / optimistic etc., with a mkt cap of £9m / 9pps - all IMH (and optimistic...) O.

[rivaldo] 04/3/2015 07:12

Excellent results, bang on target with 0.5p EPS and £0.7m net cash:



Most encouragingly, there's another acquisition on the cards, so BVM are postponing the final divi until it's finalised.

Forecasts are already 0.7p EPS for this year. Another acquisition, following the recent AFS purchase, could send forecasts up to say 0.9p EPS, which would leave the current share price looking ridiculously low.

Above all, the outlook statement is VERY positive:

""2014 was a much improved year with increased revenue and profits. The Group has made continued progress in extending its activities and offerings to cater for a wider and more discerning market. The Board believes that further progress will be achieved in the current year."

[rivaldo] 03/3/2015 10:27

We already know the results from the trading update, so probably just one or two small sellers/profit-takers.

Forecasts are for 0.5p EPS from a £0.5m PBT (up from 2013's £0.34m PBT), with a 0.13p dividend.

This year shows 0.7p EPS, with a 0.15p dividend.

And the deferred contract falling into this year, plus the new acquisition, should give 2015 a nice boost.

[cocker] 03/3/2015 09:39

is it squeaky bum time before tomorrows results?

[cocker] 28/2/2015 13:22

For those interested if you connect to the Techinvest web site you can down load their newsletter. There you will find an article on Trakam8 which also made it into the new year tips list.

[rivaldo] 24/2/2015 09:14

Good to see BVM launching new products:



"TouchStar Launch New CP55 Hand Held Computer

CP55 - The Smart and Rugged Choice for Smooth Business

The CP55 series mobile computer is created to offer a smart option for businesses with needs of high demands with just the right amount of protection. It sufficiently provides users a smooth workflow by combining high performance features with adequate ruggedness. The CP55 operates on a high standard CPU with ample processor speed. It also runs on the most updated Microsoft operating system. Equipped with the right amount of ruggedness, the CP55 provides protection for all of its advance features. The new CP55 has high capacity of both data and program memory which ensures programs run quickly and smoothly. The 5 megapixel camera and 3.5'' LCD transflective display allow for instant proof of delivery and pickup with an ease to view screen under sunlight. Along with all these features, the software included also brings lots of new and updated benefits for demanding needs.

etc"

[cocker] 23/2/2015 12:21

pavey,it looks like you have the answer to my earlier post 1402

[harrison15] 20/2/2015 10:38

expand unto me boy, napoleon 14th as I have no idea what you are requesting or stating?

[napoleon 14th] 20/2/2015 09:04

harrison15 - filtered for ignorance!

[rivaldo] 11/2/2015 14:49

A poster earlier today noted that there had been no posts at all whilst the price had increased 13% :o))

This is one of the quietest threads on ADVFN. So when things are actually happening, and occasional posts are made reporting buying going on AFTER the fact, with no speculation whatsoever, then you have to laugh when someone takes exception :o))

You can still sell 100k at 5.15p, a good premium to the bid, so it would seem the buyer is still there.

[harrison15] 11/2/2015 14:27

You lot just ramping the price with these superficial comments. No news out, but loads of speculation..... not a responsible stance to take imho !

[rivaldo] 11/2/2015 14:04

Another 100,000 just reported bought at 5.45p. The accumulation continues.

[cocker] 11/2/2015 11:19

with Rivaldo possibly. However ,still holding a few of these & more than happy to enjoy the ride to results. you never know perhaps jk will surprise us all!

[cocker] 11/2/2015 10:02

13% rise & not a single post. Perhaps the clever money is all on GBO.