Bilby Share Discussion Threads

[qs99] 28/7/2020 11:26

Wasn’t Rivaldo on this thread at one point? Riv?!

[qs99] 28/7/2020 10:42

Nice bit of momentum building

[mfhmfh] 28/7/2020 09:18

I agree - David Bullen is who you want at the helm. IMHO.

[qs99] 28/7/2020 08:51

Great, just you and me then!

[nico115] 28/7/2020 08:49

Totally agreeThis was busy with old management New chap is really good I'm really positive here

[qs99] 28/7/2020 08:27

I think Simon T has tipped this previously in the IC, I may be wrong, but if he picks this up as a recovery play, IMO this will motor. Nearly debt free, EBITDA of c.£4.7m and OK, this year will have some COVID impact on that but it has a solid management team IMO who are being very sensible in under promising and over delivering, visibility on revenues for 3 years is stonking and they say they are picking up new work.... for a £12m market cap company, that appears too cheap IMO and DYOR

[qs99] 28/7/2020 08:16

haha, agreed with that. Yes this looks like a good long-term hold to double or more......have ISA'd a few more and WIN after more contract wins.....DYOR and see you in 6 months when Milton are probably buying back at a quid

[nico115] 28/7/2020 08:14

Milton buys at 100p and sells at 20pThey're hopeless Do the opposite to these institutions This is a stonking buy 50p target

[qs99] 27/7/2020 14:46

Indeed, nice future value play being revealed

[mfhmfh] 27/7/2020 09:59

also: 'Improved gross margins to 25.4% (2019: 21.7%).Improved gross margins to 25.4% (2019: 21.7%).'

[mfhmfh] 27/7/2020 09:48

solid results today IMHO especially with the low sp: Adjusted EBITDA increased 48% to £4.7 million (2019: £3.2 million) Net debt reduced by £3.7 million (34%) to £7.2 million (2019: £10.9 million)

[nico115] 27/7/2020 09:14

This is a crazy price with the cash generated here New management have turned this around Well done mr bullen

[qs99] 27/7/2020 07:05

Decent update IMO....DYOR...

[nico115] 17/6/2020 11:57

This is a doubler for me Director buying Debt down Great CEO

[qs99] 28/5/2020 10:35

first EBITDA test March 2021 minimum £1.1m.....if it is comfortably ahead of this and I'd like to think management negotiated that level knowing it had a good chance of being ahead, then this could also be a decent further recovery story IMO

[tony6061] 29/4/2020 12:40

Bilby has no new contacts added to its recent update. So nothing solid to justify the increase in share price.No real assets to back this company.Smacks of another fund raise, and dilution of shares.The loss of ministry defence, and east kent housing association contracts is still a stain, and never properly explained as to why they lost these important contracts. D.O.R

[tony6061] 29/4/2020 12:39

Bilby has no new contacts added to its recent update. So nothing solid to justify the increase in share price.No real assets to back this company.Smacks of another fund raise, and dilution of shares.The loss of ministry defence, and east kent housing association contracts is still a stain, and never properly explained as to why they lost these important contracts. D.O.R

[garyb01] 27/4/2020 19:33

Gas inspections are currently continuing to be undertaken in line with government legislation, along with other compliance works - although agree revenue will be down how much will depend on the type and location of work - can't imagine they have come to a standstill...

[qs99] 27/4/2020 16:22

Moving along nicely still...

[qs99] 27/4/2020 13:09

well someone is continuing to accumulate IMO

[smithie6] 26/4/2020 17:47

Gary "..numbers were going to be..." yes but that is for the past, before the virus they have taken action. yes. all companies have, the directors may be perfectly capable but clearly turnover & profit is being hit, & that was the point I was making --- while the RNS is longish there is no financial data revealed for the reduction in turnover or profitability ...but they state they are talking to the bank so one assumes that they are loss making at the moment & preparing to increase the loan size to cover the monthly losses... .so, I guess one key question is how long will it last that the workers can not go into rented council & housing association dwellings in order to do the annual gas inspection & 6 monthly fire detection test & any other required checks

[garyb01] 24/4/2020 14:33

Interesting thoughts and assumptions... they told us what the numbers were going to be and have largely delivered - how they get there is what they get paid for... it seems they have reacted to the current situation and have not just sat back and waited ...let's face it, at least they have thought about possible scenarios and are actively looking to mitigate them...

[smithie6] 24/4/2020 12:21

QS99 relaxing of lockdown not in the UK imo, the numbers are clicking along I think at 4000 new infections per day & 700-800 deaths other countries are suggesting <1000 new infections/day as a limit to start relaxations (& other conditions) & UK is many weeks away from that (I think 1000 is far too high, death rate is 10% so it saying that 100/deaths/day, is perfectly acceptable ! &/but I don't think that anyone would agree with that if they try to implement it) & any future relaxation will be for people to be allowed out more, it won't imo be to let anyone in to homes (clearly such an action creates a risk of multiple cross infection, so it will be one of the last relaxations to happen imo) (btw, this virus is highly infectious, as it has shown, even with people wearing masks etc there are new infections in almost all countries !)

[smithie6] 24/4/2020 12:09

since the co. raised 2M & reduced receivables (lets assume by 1.5 million) (2 + 1.5 = 3.5 million) & they claim about 4 million EBITDA (4 + 3.5 = 7.5) I don't understand how the cash position only improved by ~3.5 million the numbers just don't add up imo ! (it's like the cash from the EBITDA has just vanished & hasn't improved the debt situation at all !) any opinions ?