||EPS - Basic
||Market Cap (m)
|bozzy_s: Good placing price earlier this month @ 3% below mid.
I have a funny feeling your long-awaited transformational news might be near SW. Just a hunch. If not, the share price isn't exactly overpriced on a 'keep everything as it is' basis.
I've not reinvested and don't plan to. Filled up with GDP shares over the psat 6 months which are even cheaper than these (imho).
Good luck fella. This has as I expected when I held, been a better bet than MTV for you.|
|bozzy_s: Surprised the 6000 sell didn't budge the share price. Results fine considering reduced turnover - they've cut their expenses nicely.
What gets my goat is they knew the accounts this time last year were wrong - the EPS figure is still uncorrected at 10p on the RNS dated 30/12/10 but 6p on today's comparative results - but the company still haven't replied to my message asking them why they published a misleading EPS figure at the previous interims.|
|still waiting: apart from the undervalue the new board appointments show they're not afraid to look for new ventures to increase shareholder value imho.
the latest craze seems to be to adopt a rare earth mineral investing strategy and see your share price increase 10 fold. (Australian Gold)
Hope you're reading this Judge ;-)
Impact Holdings (UK) plc
("IHUK" or "the Group")
Holdings in Company
The Company has been notified by two key shareholders, Mr Bruce Judge and Mr
Greg Litster, that they have increased their shareholdings in the Group.
Following the purchase of shares Mr Judge now holds 198,250 ordinary shares in
the Group, representing approximately 8.92% of the issued share capital and Mr
Litster now holds 144,000 ordinary shares representing approximately 6.47% of
the issued share capital.|
|craftyspeculator: I got the rest of my order filled....happy to wait now until the share price catches up with the extraordinary fundamentals. Perfect.|
|bains123: I think the only way to buy is in small chunks. IT seems the smallest order has a positive effect on share price.|
|craftyspeculator: Staggeringly overlooked company. Have now fully researched and read the company interims.
Because of its ultra tiny size (£1.6mn market cap), no one has noticed the reincarnation which seems to have taken hold. Looking at the fundamentals reported by Impact Holdings:
Great trading results - sales growing 14% over the last 6 month period, consistently profitable, and best of all, cash generation from operating activities for the year to 30 Sept of £1.8mn...wow...the real litmus test has been passed. They also have very little competition for their services -I cant see that changing any day soon in poor cash strapped Britain.
Tangible (real) net assets of £4mn, including their own head office building and £2mn of cash on Balance Sheet. Net Asset Value per share is 3x the share price. Pretty good bottom fishers starting point.
This business will very soon be generating £2mn+ of operating cashflow per annum from its existing core secure lending business...even applying a miserably low 4x multiple, this enterprise is worth £8mn, plus the £2mn cash on Balance Sheet...so rounded numbers £10mn....or a share price valuation of nearly £6 (there are only 2mn shares issued?)
To really make it worth a punt, I see that wealthy investors like Bruce Judge and Greg Litster are also stake building - their plan must be to either take this over, or reverse another business they own into Impact...
I will try buying some of these early tomorrow. Value always catches up with the fundamentals, even if patience is required and the spread is a bit mad.
I wonder how long before other value investors notice.
Impact Holdings share price data is direct from the London Stock Exchange