|Financial Payment Systems
||EPS - Basic
||Market Cap (m)
Real-Time news about Financial Pay. (London Stock Exchange): 0 recent articles
|tiredoldbroker: HugePants, if you want a stock which has no legacy issues, more cash than the share price, and a team which want to take it somewhere, try Clerkenwell Ventures. Cash 36p+, buy 'em at 30p or less, and the management are in the position of a vulture fund, waiting for the right opportunity to come along.|
|hugepants: Im really nervous about holding equities just now. Prefer cash. Or shares at a discount to cash. Anyone any suggestions.
NETD has over 11p cash versus current share price of 6.25p. Profitable at last results (after AIM listing costs)
Also RTS has around 11p cash (and cash equivalents) but cash burn around 1.5p (my estimate). Share price 5p.
Clearspeed Tech (CSD). Computer acceleration. 16p to buy but has cash of 22p (also due 4p tax credit). Cash burn around 8p per annum. Theyve thrown a huge amount at R&D. Richard Farleigh (Dragons Den) is the chairman
Any others worth looking at?|
|tiredoldbroker: And there, in a nutshell, you have the problem with Cancer6's approach to investing: he/she/it will pretend none of their previous posts, saying the results would be out, the quote restored, and the share price rocket, ever took place; ignore the inconvenient truth; ignore the collapse in a share price caused by the announcement of delisting; ignore the management who've lead the delisting then profiting at the expense of private investors; and call it a good post, or a success.|
|seanmiller: Total novice. She is banging on about cash values etc etc, but ther great thing in this sorry story is that this will unfold and we will get a solid decision about what chancer is saying.
The RNS does not look good at all, and shows that this company is really in trouble. The investors will be lucky to see anything in this one. All this talk of 1.5p blah blah blha is cuckoo land stuff. But hey, why argue about it, news will follow soon (saying that this company takes it's time in a big way!!) No NOMAD wants to touch it, and if it does the fees alone are huge. Add to that no forward business plan and you have a share price that if, and only if, they bother lifting suspension will plummet to fractions of a penny.
I'm just glad these are suspended, stops chancer being able to mug other noivces into her naff share picks.
Notice she don't hold any other shares at the moment!! all her savings locked up in FPS and about to get burnt lol.
She deserves every bit of this............|
|chancer6: There was no market reaction to the removal of Ong Lay Ann news at the beginning of the month godolphin and the price is where it was. Can see that on the charts! With his removal cash burn will be even less than £106,000 a month imo. He was most likely asked to leave because of the failure of the joint venture and he resigned immediately. With his holding he could have sticked around! The price fell from 3p to 1.50p (cash position) because of the imminent end of the joint venture and the price was at that price for a few weeks. The fall from then was because of Fidelity selling out though someone has mopped up their stake and hence why I'm bullish that the price will be corrected to cash position of around 1.65p in due course. Can't see any other company on the market with a lesser cash burn on a monthly basis which will be even smaller with the end of the joint venture and hence the 2 million cash quoted in February will be around 1.65p on the share price when the finals are announced at the end of May!|
-Current mkt cap of 0.37m compared to other shells where mkt caps are around 0.60-0.75m and take into account the value of the AIM listing
-February 2008 RNS states that cash position was just under 2 million:
-September 2007 Interims clearly states that cash burn is £106,000 a month and likely to be the same:
A new investor (Mr Douglas Gourlay) has bought a holding of 4.50 million shares recently:
The price was stable at 1.50p which is the estimated cash position for a month after the Feb 2008 RNS. The price collapsed after that due to Fidelity selling their stake but Mr Douglas Gourlay mopped up their stake.
Since the Feb RNS we're now in the 4th month and with £106,000 cash burn a month = 2 million - £424,000 = £1,576,000. That equates to around 1.65-1.75p cash with 92 million shares in issue. That's where the share price should get corrected to imo and that price would still NOT put a value on the AIM listing.
-The market makers have been bidding very aggressively for stock since Mr Douglas Gourlay's buying and can't buy half as much at 0.50p. Think around 100,000 is left at that price and rightly so!|
|seanmiller: Thats right, bedroom boys - curtains closed with mum bringing in the tea.
PARO, LNX, MGP, PLW, FPS, FEI, AAZ
Loads to get started with there, all that money down the swanny lol.
Good job you don't need a GCSE, it's clear you don't have one rofl.......
Share price is worth £0.002p, or suspension IMO
You don't need to be a genius to clock that easy calcualtion (ssshh chancer6 thinks it's worth more lol, what a novice!!)|
|double6: Chancer6 - 12 May'08 - 15:32 - 509 of 569
0.50p to pop is imminent as well imo...cash position 2m in Feb with 100K cash burn. Got my GCSE in maths and that equates to atleast 1.50p on the share price and over 2p if value on AIM listing.
....Thats why he struggles at this share trading business - he's one of the new breed who has taken GCSE's instead of the good old fashioned O Levels.
If only he'd taken an O Level in Maths he'd understand that the current share price is overvalued!|
|chancer6: 0.50p to pop is imminent as well imo...cash position 2m in Feb with 100K cash burn. Got my GCSE in maths and that equates to atleast 1.50p on the share price and over 2p if value on AIM listing.|
|chancer6: What a waste of time by some on here today. The price is only so low because of that large sell and someone picked up half of that at 0.31p today so should be onwards and upwards from tomorrow. Last set of figures in february clearly indicated that worse case scenario could be 1.10p cash with 92m shares in issue or a hell lot more. Another shell with no cash Legendary Investments is currently valued at 0.75m and has been valued alot higher in the past. The current share price should be around 1.10p minimum (1.02m mkt cap) and that does not even take the AIM listing value into account and just worse case scenario cash positioN!
The Company's current cash position is just under £2 million of which
approximately £700,000 is held in the China Joint Venture and maybe to subject
to transfer restrictions.
Financial Payment Systems share price data is direct from the London Stock Exchange