Ashley House Share Discussion Threads

[dibs61] 21/2/2018 19:26

I was sorely tempted to add too this afternoon.

This price could look very cheap in a few months

[microscope] 21/2/2018 15:53

Well fwiw have picked up a few more today. At anything near 10p I simply believe the risk reward is hugely favourable for buyers

[yump] 21/2/2018 15:16

That's a bit different from 'traditional' value stocks then which are usually large and aren't so volatile.

ie. this is more about spotting growth stocks that have floundered but still have the makings of a good business, which at some point produces a turning point.

imo its all about assessing and knowing the business, otherwise there are just too many stocks that appear to have failed and which will actually go nowhere because the business model is broken in the first place.

[dave4545] 21/2/2018 13:41

That is the market for 95% of players now. Everybody wants a fast buck. The best and richest investors are the ones that spot the value and buy size when it's weak and drifting in value stocks. When they turn the rewards can be spectacular. Zoo 8p to 75p is a good example.

[dibs61] 21/2/2018 13:35

dave4545 mmmmm interesting point.
What you are basically saying is not much value investing (arguably ASH is now a value stock - potentially) people just momentum investing?

[dave4545] 21/2/2018 11:33

Dibs

There is about 1 in 30 stocks which have interest in this bearish penny market. The other 29 have about 5 sales for every buy and need a good Rns to prop them up.
Nobody is prepared to buy anything drifting atm.

[yump] 21/2/2018 11:30

Well there's nothing much for anyone to actually see yet, so its up to everyone to make up their own minds without referring to pundits and articles - which is always a difficulty ;-)

[dibs61] 21/2/2018 11:27

Anyone got a view on the deflating share price and total lack of interest here? Sector out of vogue? JV not viewed positively?

I’m thinking of adding on this weakness, we’re only valued at £6m!

[sikhthetech] 14/2/2018 11:13

Micro,
"And while my default position whether I own a stock or am considering it is to look for the possible negatives first"

Managing the risk works well, the rewards take care of themselves...

As does taking out original capital whenever possible - de-risks your investment..

[sikhthetech] 14/2/2018 11:07

Seemed like an odd arrangement but good to see it gone to reduce debt...

[yump] 14/2/2018 10:06

Nice to see it...

[dave4545] 14/2/2018 08:48

In the trade known as a brucy bonus

[18bt] 14/2/2018 07:42

A bit more expensive debt reduction from an asset I didn't know they had

[topvest] 13/2/2018 21:03

They normally announce on their web-site don't they when a development hits a landmark point?

[microscope] 13/2/2018 11:40

I doubt they'd give another update on just one of the projects as they gave a clear update on both in the interims.

Probably wait for both to complete, could easily be one is already up and running.

As I've said before I'm relaxed about the timings, if it was after the end of this financial year so be it, they'll boost next year's numbers. Do despair of these boards sometimes, if people actually trade on the back of a throwaway humorous remark by someone else, not sure why they would be in the market, or the stock, in the first place! And while my default position whether I own a stock or am considering it is to look for the possible negatives first, I also am looking at the potential upside and that tends to get lost. (Except in stocks which are blatantly ramped of course, lol).

I haven't topped up yet, but still watching the price and volume movements closely

[yump] 11/2/2018 21:32

I don't know what it is that they're not sharing enough of with the market. Short of all floated companies giving a weekly update when the main markets are having a
wobbly.

I did check something recently though with ASH.

LLP's can distribute profits that are not in proportion to the shareholdings.

However, in this case the whole thing is 50/50.

[greedfear] 09/2/2018 14:37

As you requested. :)

[microscope] 09/2/2018 13:50

Understandable GF, but as I have a medium/long term outlook, not phased by the short term market moves. As with most AIM companies, without newsflow things tend to drift. People find things to worry about!

Infact, if you care to derisk a little more, my next buy target isn't too far off...;) I've had several shares go very close to buy targets recently, but maddeningly not one of them has hit the number. Still a trading virgin within 2018 (actually not quite accurate, forgot, bought some PHSC last month.)

[greedfear] 09/2/2018 10:41

Have been derisking a little last week. I don't like the "mrs. Moy overhang". Besides that I feel the company is not sharing enough info with the market. Don't like the current market swings as well. Still very positive about the company's prospects though.

[greedfear] 02/2/2018 13:05

Mrs. Moy is becoming a pain in the ...
Luckily she is not dumping, but she is a guaranteed momentum killer.

[dave4545] 02/2/2018 09:36

I noticed the late trades yesterday 200k at 12.7p buy and a 500k sale at 11.5p
and knew it was Moy selling down another block. 4 mil left if they intend to dump
them all but it just might be top slicing

[yump] 01/2/2018 07:42

People do seem to focus on a variable timescale for some reason, sometimes this year, sometimes next. Perhaps it suits their agenda.

Its a bit irrelevant here though.

Lets say they do (only) 2p next year, instead of the forecast 3.5p. That would be a p/e of 5.5.

What else is there to say ?

The rest is actually a gamble on whether you can buy cheaper after this year's results. Say they are 1p instead of 3. That's a p/e around 10, with say growth of 100% for the next year.

The only 'argument' left is that it could all go to pot, which imo applies to any share, even very, very large companies ;-)

[yump] 31/1/2018 23:30

There has been a lot of delay in the past, too much delay.

Now the situation has changed. There hasn't even been time for more delays, since the removal of the things that were causing the original delays. What a couple of months or so in a history of years... ?

Post-rationalisation of my own sells or buys has in the past proved very expensive - its nearly all been caused by an error in assessing a business going forwards.

I think its one of the most important things to get rid of as anything other than a trader.