Best Of The Best Share Discussion Threads

[the canadian mounted] 13/8/2021 07:27

Wow thanks for the overreaction,I’;m in

[rolo7] 13/8/2021 07:21

sell when directors sell april 1st was it today its friday the 13th... hum. way overbrought this was nothing unique about business.

[eezymunny] 13/8/2021 07:19

How easy was this to predict on a scale of 0 to 10?

I go for 17.8

[farnesbarnes] 13/8/2021 07:13

How can you trust this management now Norbie?

[n0rbie] 13/8/2021 07:12

Had no choice but to average down my £24 purchase (thanks management!), bought more @ £9.46. New average £15.50 which is a bit easier to stomach!

[shanklin] 13/8/2021 07:11

finnCap estimating EPS 53.3p and 64.1p for FY22 and FY23 but DPS of only 6p and then 7p. These dividends seem very low to me given the implied cash flow.

[3ootuk] 13/8/2021 07:05

If its down to £10 then it's reasonable value as a growth stock with dividends

[croasdalelfc] 13/8/2021 07:05

850 sold ouch!

[n0rbie] 13/8/2021 07:03

When’s the class action lawsuit then against the management for selling at £24?

[peart] 13/8/2021 06:59

Cashflow and balance sheet : BOTB has no debt and remains highly cash generative even on our reduced forecasts. We expect net cash to increase dividends of £ by c. £ 300k to £ 12.1m for FY 22 , despite paying 5.2m, including the second special dividend of 50p. We forecast cash to rise by c. £ 6.0 m in FY 23 E to £ 18.0m at year end. This will allow BOTB to continue to develop longer se by term plans, including new competitions, new JVs and new territories.

Ex Finncap statement. Their report was obviously prepared before BOTB's trading update this morning. My take is we still have a very strong business generating lots of cash with interesting plans moving forward.

[petitchablis] 13/8/2021 06:55

300 share market normal market size lol

[tmfmayn] 13/8/2021 06:51

So much for mark slater being 'smart money'

[bad robot] 13/8/2021 06:49

It will be a horrible Friday, and people will remember this day for decades. I fear another -70%, just like on HE1 on Wednesday.

It was nice a P&D for a placement, then directors dumping their full loads on Genuine Gamblers!


BR
IN BR WE TRUST
RED MERCURY CREW

[petitchablis] 13/8/2021 06:48

should have bought Royal Mail guys

[3ootuk] 13/8/2021 06:47

They still seem unsure which way growth may go. I think the numbers they quote are the downside, and if things pick up again then earnings multiply up substantially.
We really need to strip out fy2021 as an anomaly, and go from there.
Maybe eps of 40-50p?

[albert zog] 13/8/2021 06:45

Nice special dividend followed by monster profit warning … stinks

That cash buffer will be needed if trading gets worse

[otemple3] 13/8/2021 06:45

Target price slash to 1400 from 3100 by finncap

[farnesbarnes] 13/8/2021 06:38

"Consumers take their eye off the ball"

Ouch.

[phowdo] 13/8/2021 06:38

Damn! that was really lucky timing by the directors who sold 2.5M shares at £24 apiece back on April Fools Day eh?

[peart] 13/8/2021 06:38

We remain excited by the growth opportunities for BOTB which include new partnerships and additional competitions such as our 'One Ticket, Four Prizes' competition launched this week. The Company's revenue is c.2.5 times higher than the corresponding period in FY 2020, the pre-Covid comparative year.

Obviously, Covid has been a massive one off shot in the arm for the company. I, for one, naively in hindsight didn't see that. But as announced today the revenue is now 2.5 times higher than it was 2 years ago - in my book that's pretty good. I noticed the one ticket four prizes competition recently (posted about it) which looks good and the news about new partnerships sounds interesting too.

I always argued that the stock was cheap during the boom of last year, and I would still argue it was if earnings had simply grown by 15% per year after that, but they haven't. However if and when earnings growth resumes the caveat of "is this a covid stock boom" will have passed (assuming we don't have covid-20!), and a higher earnings multiple could be awarded by investors.

We will see, but still a very profitable cash rich and interesting company. No doubt a nasty shock today and then a reset.

[petitchablis] 13/8/2021 06:31

Bring out Bullet Ant

[3ootuk] 13/8/2021 06:27

Effectively saying covid was a blip, earnings will drop back to pre-covid expectations, but growing from that level.
Maybe turnover just over £20m expected?

[bad robot] 13/8/2021 06:24

Good morning folks

Not Good people, not good.

Hope it's not a massive -70% MM cut.


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IN BR WE TRUST
RED MERCURY CREW