||EPS - Basic
||Market Cap (m)
Real-Time news about Mark Kingsley (London Stock Exchange): 0 recent articles
|uknighted: Didnt someone say that there is a formula to calculate the price they will pay - based on the average closing share price over a period of time?|
|ben value: I hold my MKP shares in a SIPP. I think I will need to sell before 21st November as I can't hold unquoted companies in the SIPP. Any ideas if the share price will go down before 21st November with forced selling i.e. should I sell now or wait until the last moment?|
|8 ball: Don't see how it it could fall much from here.
Share price is below cash value with little cash burn.|
|snakeplisskin: If anyone's listening :-)
I estimate that the current cash balance for the company is about £2.66M. This equates to 26.22p per share as there are 10.142M shares in issue.
The current cash burn of the company is about £3800 a month. The above cash balance takes into account the cash burn up to the end of september.
With a listing on AIM worth around £350K, the value of the company should be around £3M. That put's the share price at 29.58p per share, that's with no upside to any potential deal.
Could do with some news though Todd :-)
|nissi beach: Ah now i see because i am not a ramper the share price will not go up even though its a bargain|
|double6: So many Cash Shells have risen lately based on hope of a RTO, with the actual company pre-RTO having virtually no assets.
However, with MARK KINGSLEY (MKP), they are currently valued at 20.25p.
Assets (per last accounts) are (equivalent of) around 26p per share.
On top of that you have the "value" of been listed on the Market, which, if you value that alone (conservatively) at £500,000, would make the "value" of MKP at around 31p per share.
Add on to that a value of having a trading business (should a RTO take place), and you see that perhaps the current share-price of 20.25p is undervalued.
As always, DYOR - let me know if my valuations tie in to how you read the situation, and whether you also believe that there is up-side in the share price....|
|piojetd: I've a few a few thousand shares in the company formerly known as Sountracs, bought before the sale of its core business to another company. Am I right in assuming that for each Soundtracs share I own 1 MKP share? Do I need a new share cert?|
|praline: this stock, formerly known as soundtracs, looks a good one way bet - sold all its businesses and has 28p per share cash plus 2.5p per share in property in the balance sheet yet share price is only 21p. No debt. Bob Morton is a 10% shareholder and is assisting the 60% shareholder todd wells in finding a suitable reverse takeover acquisition. Sharecast states that they have already turned down several opportunities but are also in advanced discussions regarding the injection of a profitable business - less than 2m shares in free float means that when a deal is done which impresses the markets these beauties should soar. In the meantime while we wait it is reassuring in these uncertain markets to be buying a stock at a 25% discount to the cash in the balance sheet. A strong buy IMHO.|
Mark Kingsley share price data is direct from the London Stock Exchange