Energy Tech. Share Discussion Threads

[tomboyb] 07/1/2014 09:56

Good start today -

[battlebus2] 06/1/2014 18:35

The more i look at this the cheaper it appears, as you say chrisis33 factor in the net assets and these are worth £2 today imv.

[chrisis33] 06/1/2014 16:38

Great "news" is the price they are able to buy them back at ... more bang for the buck.

[chrisis33] 06/1/2014 13:25

indeed ... especially when one factors in the net assets.

[sailing john] 06/1/2014 12:51

Yes BB but off the radar for now!

No rush - SJ

[battlebus2] 06/1/2014 12:49

Looks as cheap as chips when future profits could be nearing 750k.

[sailing john] 06/1/2014 12:46

235k at 42.5p - Nearly 9% at a massive discount - The call option was agreed last April - hence the massive discount to the current price!

MC now only £3.2m - Cash on balance sheet and PBT 200k in 1H

Positive outlook and established business in the recovering property and commercial property markets.

[tomboyb] 06/1/2014 12:27

That's a big plus - capped at around 3mill this could get interesting.

[battlebus2] 06/1/2014 12:25

Don't know much about the connection with Elsina but it's surely good news for remain shares in circulation.

Share Buy-Back

The Company announces that it has initiated the buy-back of 235,000 Ordinary Shares of 10 pence each in the Company ("Shares") from Elsina Limited at a price of 42.5 pence per Share. Once the buy-back is complete it is expected these Shares will immediately be cancelled. A further announcement will be made once the buy-back is complete.

Following the completion of this buy-back Elsina Limited will not hold any Shares. The Company holds no further option to buy-back its own Shares.

[battlebus2] 06/1/2014 12:18

Spread closing to attract a few sellers.

[battlebus2] 06/1/2014 08:05

Continuing to rise.

[battlebus2] 03/1/2014 17:15

Hi sailing john good to see your onboard, just got home to see my order was placed so off to a flyer. Thanks to chrisis33 for highlighting. Could run to £2 very easily.

[chrisis33] 03/1/2014 16:20

Thanks AdamB1978 for highlighting this. A great pick IMO. I liked your analysis on the CRAW thread, and watch out for your posts.

[sailing john] 03/1/2014 12:37

High BB2
Another one I hold. We do appear to like the same stocks
Nice quiet board another plus!
SJ

[chrisis33] 03/1/2014 10:38

I wish I'd spotted this a few months back - but was happy to buy at 105p. The mark up is also possibly to do with the director tucking a few away yesterday. Stick it on the watchlist :)

[battlebus2] 03/1/2014 10:02

Do like the look of this chrisis33 but on trying to buy this morning they marked up the bid to 105 and on further approaches they marked the offer to 115 and at present they won't even sell 2500 for 117p so giving it a miss for now, though it does look good for current holders. Will revisit if i'm given the chance to buy in size. GLA.

[chrisis33] 02/1/2014 14:57

Bought here today - and good to see a director popping some into his pension. I like the buy-backs and the cash generation of the business.

[rossco] 22/10/2013 11:05

Positive half year report with operating profits of 230k. Company made 100k in first quarter and 130k in second so improving trend maintained. Reasonable for 3m market cap.

[21richyrich] 21/10/2013 10:12

Nice results today and divi :)

[thorne3] 24/9/2013 13:20

britishb I agree totally with your analysis. the newsflow over the next 18 months could see us well beyond £1 60p

[britishb] 28/8/2013 12:08

Going well for the nephews and nieces fund. Assume buy back is done, trading continues well and give it a P/E of just 8 and we get to 160p by my calcs.

Lots of assumptions but plenty to play for still...

[bonio10000] 19/8/2013 16:55

Good to see it thriving after so many f'ck ups.

go british manufacturing.

[britishb] 19/8/2013 16:49

Quite interesting for a microcap portfolio, non?

I wonder if they can do £500k+ pretax this year given that statement. Assuming they buy back the rest of the Elsina shares this will look pretty cheap, non? Only 2.3m shares left if they do that gives mcap of just £2m at 90p.

P/E then would be just about 5, very low price/sales etc....

I wonder what they do!

[humphries1] 19/8/2013 11:23

yep so much for the bug killer mrsa i think the bug was thats why i bought in

[grahamburn] 19/8/2013 10:24

Yes. At last it seems to have some potential after all these years!