Bilby Share Discussion Threads

[johnhemming] 17/6/2021 06:20

I wondered what Bilby as a name came from (although this may not be the origin)

[masurenguy] 17/6/2021 01:24

New Kinovo thread here.

[sdmbot] 16/6/2021 18:51

I can understand them wanting to rebuild under a different brand name.

Especially with a new MD at the helm make it his own.

[nico115] 16/6/2021 18:39

Odd as thought Bilby had a good name ?

[tanneg] 16/6/2021 17:48

Kinovo - new name from tomorrow.

"We are therefore delighted to announce our new name and brand identity. The name Kinovo was derived through a series of workshops that included our employees; "kin" relates to family; our people, our subsidiaries, our clients and communities. It also forms part of the word "kinetic"; a type of motion that gains more energy as it accelerates. The word "novo" is from the Latin word meaning to make new.

[nico115] 15/6/2021 15:34

Still think this 3bags from here

[nico115] 01/6/2021 16:23

True true But I see no reason why we can't get to peak earnings in 2 or maybe 3 years Even though we have more shares in issue this Bullen ceo is top notch and if we can get into EV in car parks who knows !!7p eps and pe of 12 and 85p and we will overshoot no doubt A bid at that stage of 120p I would welcome

[pireric] 01/6/2021 15:03

Right, but 7p of EPS needs post tax profits of £4.3m or £5.4m on a pre tax basis.

Highest they've done in the past couple of years is £3.7m so you need to believe in profitability being 45% higher than the 2019 year ended march 2020 within a couple of years. Its possible but requires a large turnaround from where they are today

Eric

[nico115] 01/6/2021 14:07

The ceo will make improvements in every area and then you have growth from EV

[pireric] 01/6/2021 11:31

Nico is that 7p of EPS driven by operational improvements? Quite a lot higher than what they have achieved previously on a like for like basis

Eric

[nico115] 01/6/2021 11:11

We are worth a quid Market so so slow waking up to this one I'm expecting 7p RPS in 2 years time and a take over at over 100pSitting duck

[qs99] 01/6/2021 10:04

moving along again.....can it break 50p and sustainably do so?

[johnhemming] 28/5/2021 17:16

That's where publicbid are helpful. I did not get the opportunity to participate in the placing.

[nico115] 28/5/2021 17:09

16p was my recent lowPrice But I did buy some at 11p In the placing

[johnhemming] 28/5/2021 17:01

What surprised me was that this value stock went as low as it did last year (when I was buying) it was not an airline. I think I bought some under nico's price, but to be fair my average price is higher than 16p. Not that I am selling.

This sort of business generally should be quite secure. There were some bad deals done in a while ago (not in 2020 or 2021) which have been sorted, but the visibility of revenues will always be quite high.

[qs99] 28/5/2021 16:00

Nice end of the week tick up....DYOR

[dodger777] 24/5/2021 13:09

Joined you in here today.
Late to the party as usual 🙄 but hopefully not that late and plenty of upside going forward 👍🏻

[nico115] 17/5/2021 12:09

Totally agree I started buying at 16p and a mkt cap of 22m is crazy We should be 50p today and 100p within 2 years Hey ho I'm patient

[masurenguy] 17/5/2021 11:58

SKYSHIP - 1214: Hi MAS - not much we agree upon - however BILB might be an exception.

Hi Skyship - individual political views and interactions on investment opportunities are two entirely separate issues, so welcome aboard.

I first invested in January this year and currently this has now become one of my top 8 holdings. I think that the restructured business, and new management team under the leadership of David Bullen, is turning this company around. In my view, on a current market cap of £22m and with annual sales of circa £60m, the business is undervalued. The stock is quite tightly held with the top 8 external shareholders and insiders collectively holding circa 80%.

Net debt has now been reduced to under £5m and the business is cashflow positive. They should be back into an operating profit by the end of the current fiscal year and they have forward sales visibility of circa £180m over the next 3 years. I would agree with your view that a return to circa 60p is on the cards provided there are no unexpected surprises.

SB - good to see you join the party here too !

[spittingbarrel] 17/5/2021 09:16

I've just bought some, mainly because of the chart, although it doesn't seem to be showing.

[flying pig] 17/5/2021 09:02

Welcome, Skyship.

[skyship] 17/5/2021 08:32

Hi MAS - not much we agree upon - however BILB might be an exception.

The one thing I hate about contractors is their propensity to suddenly announce losses from a troublesome contract. P&R hit BILB badly 2yrs ago, resulting in a fundraise placing down at 11p in Nov'19.

New management seem to have turned things around; though shareholders must have had a nasty taste in their mouths when the old manager founders sold all their shares at much higher levels ahead of the discovery of the P&R fiasco.

What I like here is the technical position as the chart is carving out a bullish BOWL; which suggests a return to the 60p+ level looks quite possible.

Bought a few today.


free stock charts from uk.advfn.com

[masurenguy] 11/5/2021 17:18

One of my few blues today amongst all of the market reds !

[johnhemming] 09/5/2021 18:13

>This price is crazy
It is like many small caps quite undervalued by the market. However, as we move into the market measuring the recovery it should recover.

[qs99] 06/5/2021 14:06

so v. v. v. tightly held share.....bit more demand and squeeze away IMO