Griffin Share Discussion Threads

[wole] 08/12/2004 08:16

GFF could have been a great stock but for the directors strategy of giving away good assets to one another... Too many times I read of an investee company where GFF has transferred their holdings to one direcotr or the other...
These guys are only looking after their pockets chaps...

[konil] 06/12/2004 02:24

maxwellman - could you give some more info on your post 61 or provide a link please (i had a quick look at the parker rowe site, its out of date and not inspiring and i didnt find any mention of gff, but then i didnt have access to their research pages)

[maxwellman] 03/12/2004 14:32

parker rowe pushing shares in Griffin

[konil] 01/12/2004 18:57

the RNS bulletins have explained the trades, i think, and it seems positive as 3 insiders have upped their stakes
however, the purchases were at the BID price, so not surprising the mms dropped the offer
and it seems to have worked like a shake, intentional or not, and dislodged 38,695 shares from some poor sod

[konil] 01/12/2004 10:20

some strange trades going through today

anyone have any info or views?

[konil] 21/11/2004 22:50

looking back through the posts, some are a bit worrying re. opinions about some of the top people, i guess this must increase perceived risk whether real or imaginary

with the excellent results i wonder if the company will do more to publicise their success otherwise it will remain an unknown and the share price will languish at current levels

[andysand] 20/11/2004 09:29

There will either need to be some broker forcasts or news from the company. Plenty of upside but hard to predict when. Given the spread, it's better to wait than buy in and out...


Andy

[konil] 20/11/2004 05:16

this is a very very quiet thread

anyone have any views on when we could see some upside given the fantastic results, and what might prompt the move given there has been little action so far?

[konil] 18/11/2004 11:18

absolutely fabulous results - should rise well on the back of those

any views on what average p/e is for this sector?

[andysand] 18/11/2004 10:53

No chance. 12p within 6 months is very possible however.


Andy

[bfranz] 15/11/2004 17:05

12p by end of week 30p within 6 months

[bfranz] 15/11/2004 17:04

Invest now-spectacular results-

[andysand] 15/11/2004 14:26

True! Very nice rise so far. Actually I agree with a price around 12p. Present p/e is roughly 7.5 which assumes no growth at all next year. If they can grow eps by 50% which is not such a tall order for a tiny company, then 12p should be easily reached within a week. Some broker forcasts would help........


Andy

[chris001] 15/11/2004 13:48

at least its bloody moving

[andysand] 15/11/2004 13:42

Why 12p? How are you valuing it?

Andy

[marcos_daniel_louren] 15/11/2004 11:57

Tell me what you think?

[marcos_daniel_louren] 15/11/2004 11:18

This is a small company with very good results. I reckon the share price will be at 12p very soon.

[shamster] 15/11/2004 10:42

Profits up 10 times on last year - EPS around 6

12p by the weekend

[shamster] 15/11/2004 10:02

FOR IMMEDIATE RELEASE Date: 15 November 2004

GRIFFIN GROUP plc
('Griffin' or the 'Company')

PRELIMINARY RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2004

Financial highlights:

• Turnover up 404% to £3.31m (2003: £0.66m)


• Profit before tax up 987% to £453,642 (2003: £41,737)


• Earnings per share up 389% to 0.93p (2003: 0.19p)


• Net current assets up 273% to £1,115,638 (2003: £298,823) including cash
at bank of £711,500 and publicly tradeable investments of £946,428


• Net assets up 79% to £1,700,375 (2003: £951,554)

[wole] 18/8/2004 13:53

Rumour on Orientrose BB (ORT) about possible RTO at 10p. Will be great news for GFF holders. And GFF will still receive fees for the introduction!

[wole] 18/8/2004 13:47

Bet Griffin will dump their ETS shares once ETS's RTOs into Retec...

[safe haven] 27/4/2004 16:03

There has been a battle for control at Griffin, and it is clear that S Dean has won the day. It hard to think of a bigger sell signal.

[plunge] 26/4/2004 18:13

Given Stephen Dean's track record at Artisan and Cater Barnard, Maclean has probably decided GFF is not to his liking - wise man!