Interbulk Investments Share Discussion Threads

[imnotspartacus] 11/5/2016 17:51

Really when you look back most shareholders got ripped off with this company

[rathkum] 23/12/2015 20:28

Hoyer is the only other major stakeholder not to have pledged their 15% stake. Are they looking to make a counter bid. Come on Hoyer, let's have 11p please.

However I doubt it.

[imnotspartacus] 23/12/2015 14:00

Hi All,

Wow at last I have a winner!! I was beginning to think I was jinxed, still think Hartogh are getting this company for a bargain price though. 230mil turnover, debt reduced by 7mil & in profit come on...I think the Dutch are pulling a fast one.

Imno

[rathkum] 23/12/2015 11:07

Well this morning's RNS was a bolt from the blue. Totally unexpected as I thought the one to bid for the company would most likely be Sinotrans. Pleased only as it frees up my cash after years of frustrations.

[the big fella] 23/12/2015 10:12

Well done to those that hung in there. A reasonable exit.

[rathkum] 30/6/2015 12:54

Seems like the company has finally got the handle on costs.

[rathkum] 16/6/2015 18:25

What's going on here. A sudden spike in volume, seems like a fair bit on the buy side today. I guess in anticipation of the half year results due any day.

[davydoo] 13/2/2015 08:27

I only caught the mews briefly while travelling yesterday, and that's exactly what I wondered.

Checked my records this morning, and I have no idea where this prior 4% has suddenly come from.

Based on my earlier comments about how small the free float is, that is potentially a huge chunk of it

[rathkum] 12/2/2015 16:40

RNS-Cavendish Asset Management now holds 26,778,087 shares in Interbulk, an increase of 5,000,000 shares.

Now where did the original 21,778,087 shares get acquired from?

[davydoo] 28/1/2015 19:55

some big trades today, but hard to determine which were buys and sells

[rathkum] 23/12/2014 21:19

Seems like the analyst may have had a glass too many. 7.8p was their price target last year for the current year just ended with a EPS .67p.


Interbulk Group Plc (LON:INB)‘s stock had its “buy” rating reiterated by equities researchers at Westhouse Securities in a research report issued on Tuesday. They currently have a GBX 7.80 ($0.12) target price on the stock. Westhouse Securities’ price objective suggests a potential upside of 95.00% from the company’s current price.

[rathkum] 23/12/2014 16:10

That explains the reluctance on the part of the directors including the new CEO to purchase any shares in the company.

Has to be a bank re-negotiations on their loans as I just cannot see any other options such as a rights issue unless Sinotran comes to the rescue.

[davydoo] 23/12/2014 15:34

Paul Scott's excellent small cap report covered INB today

hxxp://www.stockopedia.com/content/small-cap-value-report-23-dec-2014-tht-cbuy-itq-inb-89200/

he speculates about fundraising to repair the balance sheet which is reasonable, but as far as I am concerned that was already done by Sintotrans joining the party in 2011. The debt, repayment schedule and interest rates are all considerably improved since then, yet share price is at a similar level.

[rathkum] 23/12/2014 08:01

Explains why they made the announcement today. Not very good reading and nor does the outlook.

[davydoo] 23/12/2014 07:28

As expected with a big fat writedown too

Still kicking off cash to reduce debt, although I'm slightly worried by the tone of the refinancing in 2015

[rathkum] 22/12/2014 13:05

Well davydoo, it seems like they will release one a couple of minutes before close on Christmas Eve or can we expect some other dramatic news.

[davydoo] 19/12/2014 10:17

I thought the same when they weren't out this morning

[rathkum] 19/12/2014 08:41

Yes the results won't make for pleasant reading otherwise they would have released them this week. Seems they will quietly release them next week so they don't get noticed.

[davydoo] 18/12/2014 10:56

Results are due this week. I expect the headline figures will be ugly, but like a big ugly container ship I still think most of the important stuff is under the water line, with good cash flow continuing to reduce debt.

[davydoo] 01/10/2014 12:10

Another 10% today and no one else talking. My favourite situation.

[davydoo] 30/9/2014 15:56

Its that small amount of shares in public hands that can move the share price 10% on the back of just 4 small trades not even worth £5,000

[davydoo] 17/7/2014 10:31

I am fascinated how small the shares in public hands are. I have only seen this previously when there was 1 or maybe 2 key holders, but here we have four major (industry related) investors.

I speculated about Koert Van Wissen's holding and looking back I realised that previous director Bill Thomson had a declared holding approaching 2%. Again, whether he has retained those or not makes a big difference to the shares available.

[rathkum] 04/7/2014 20:57

The incoming CEO has yet to dip his hand in his pocket.This has been a very frustrating investment for me. Only held on thinking Sinotrans would eventually bid for the company or was it a marriage of convenience for both.

Going on with my previous experience of Chinese involvement in listed companies, never again.

[davydoo] 01/7/2014 10:05

Koert Van Wissen owns 2,342,500 shares. About 0.5% of the company and about £111k at today's price. I wonder if he'll keep them?

I guess whatever he does he wont have to declare his actions anymore.

Therefore the amount considered in Public hands should increase from 14.59% to 15.09% and Koert Can Wissen will (for now) own about 3.4% of that.