Frp Advisory Share Discussion Threads

[sportbilly1976] 14/2/2017 13:11

rns - Miton Group reduced...down from 24% to 22.8%

[sportbilly1976] 14/2/2017 13:03

Yep,

I'll hang fire till the results are announced though - want to see how the debt is to be tackled.
The spectre of poss D4E makes me wary of buying just yet...although former owners taking earn-out shares at 100p does give me some confidence

[stiffybristol] 13/2/2017 17:21

If the profit is £6-£7M then the share will be 50p+ that gives company mk cap £20M. I am expecting much bleaker news I must be honest.

There must be a good reason why these are 12/13p but I can't see it. The debt is not massive and the borrowings have been used to buy assets. Confused.

Hope your right.

[sportbilly1976] 13/2/2017 13:16

Bristol,

Directors won't/can't be buyers due to closed period.

I would expect the Company to still be profitable, est around £6-7mln maybe (the PW was based on guidance probably around £9-10mln)

Hargreave's sales was from discretionary clients, and I guess they have their own internal parameters with regards which stocks can/can't be held...ones post-PW aren't usually on many 'buy lists'!

[stiffybristol] 12/2/2017 10:01

They have debt but on their turnover its not that bad. Their debt is because of assets they have acquired.

Results are due soon. Very oversold the way I look at it but a lot will be understood from those 2016 figures. Was all good until October, can November and December really wipe out the first 10 months gain? Still will they make a profit? Share price means almost nothing in terms of real company value unless you need to raise money of course.

They could be 5p or 35p depends on the real figures.

Directors buying would give me confidence but I suspect they are in their closed period unless these big buys are friendly and just mopping up the Hargreaves dump.

There may be a valid reason for the Hargreaves dump outside of the November trading update.

[sportbilly1976] 08/2/2017 08:18

Well there certainly seems to be a keen buyer at these levels...a few 100k's yesterday and a delayed 500k this am

[pj 1] 07/2/2017 12:47

Can they afford to compensate employees for redundancy?

[greg the grinch] 07/2/2017 10:15

or placing?

[sportbilly1976] 07/2/2017 09:28

£5mln mkt cap, £20mln (ish) debt but yet profitable to around £6-8mln?

Just need to cover interest and it should be okay, or restructure the debt...

[kop202] 07/2/2017 08:10

Slockopedia would seem to suggest not all is lost

[fillipe] 06/2/2017 16:45

Surely £5m mkt cap and £debt must say it all.....

f

[sportbilly1976] 06/2/2017 14:32

Depends on how flexible the banks are...

£5mln mkt cap & approx. £20mln debt - D4E?

[kop202] 06/2/2017 14:20

......How low will it go?

[sportbilly1976] 06/2/2017 09:06

hxxp://www.thebusinessdesk.com/northwest/news/745294-300-jobs-under-threat-at-fairpoint-group.html

[greg the grinch] 03/2/2017 17:40

Caps on clinical neg cases is not good for profits.

[sportbilly1976] 03/2/2017 14:02

New lows being hit now...

[capricious71] 27/1/2017 11:40

I'm sure I'm not the only to see the irony of this company being in so much debt...

[sportbilly1976] 10/1/2017 16:04

100k trade just through - another Hargreaves rns to come soon?

[sportbilly1976] 05/1/2017 16:29

Hargreaves sell a further 100k.

If they are now looking for an orderly exit for their clients' positions then that could act as a significant overhang and downward pressure on the share price going forwards...

[dlku] 02/1/2017 11:09

How much debt

[the stinger] 02/1/2017 10:59

On watch list now pbutterworth1,,, bottom hit signals shown, way under valued and probably is a takeover target..looking to take a decent position this week.

[pbutterworth1] 02/1/2017 08:13

Returned to FRP at 17p last session. Previously in a couple of years ago at much much higher prices. I think the company is a bid target and interesting upside opportunity with ceo gone and blood on the streets. Lets see

[arthur_lame_stocks] 28/12/2016 07:59

Some good news.