Bilby Share Discussion Threads

[podgyted] 11/12/2018 10:48

Wouldn't call them awful - would use the term not good.

If they fulfill their promise of increased revenue and EBITDA compared to last year, then this will indeed be a good H2 result and the momentum into the next FY looks very interesting. Anyway took a small stake to see what develops.

They have got to learn to be more professional in their communication with the market. Certain II's bought out the founder at 100p - they will have known these figures back then.

[danny baker] 11/12/2018 09:54

Awful figures and no warning ahead of them. While I'm not as gloomy as Chimers, it is difficult to see how Bilby can ever be highly valued by the stock market. If I was the new fd I'd probably take an axe to the value of the customer relationships in the balance sheet at the year end. It would at least increase statutory after tax profits going forward.

[a2584728] 11/12/2018 09:48

How short are you exactly

[a2584728] 11/12/2018 09:25

Operating!!!

[a2584728] 11/12/2018 09:24

Nonesense These projects are priced to win them and then they make the cream off spin off works. The standard works just cover the OH of pertains them

[chimers] 11/12/2018 09:22

This is a cutthroat business with very slim margins.
One bad contract and the entire building collapses.
These contracts are priced so tight there is no room for any error.
But there will be error's ...lots of them.

I have seen so many of this type of company come and go.
They all have one thing in common.

THEY ALL GO BUST.

ALL OF THEM.

I expect this one to do exactly the same.

[its the oxman] 11/12/2018 08:48

Prospects remain good for the year asa whole so fall is hard but market is punishing anything unexpected or that disappoints. Could be a real bargain on a 12 month view.

[riverman77] 11/12/2018 08:35

Seems a bit overdone as earnings will always be a bit lumpy in this sector and outlook remains confident.

[chimers] 11/12/2018 08:23

I warned about this and got shouted down just the same as when I warned about BANGO when it was £2.30

SIMON THOMPSON IS A SHYSTER

Be very wary of him and his gang at the IC.
They need investigating.

[a2584728] 11/12/2018 08:09

Added a few

[a2584728] 11/12/2018 08:02

Mr Ellingham. What have you done ?

[mboy010] 11/12/2018 07:53

Ouch indeed

[elsa7878] 11/12/2018 07:51

Need I say more....

[slopsjon2] 11/12/2018 07:50

Already marked down on L2 bid 73 offer 78 down 15%

[a2584728] 11/12/2018 07:49

That's tough on that RNS Looks good for the medium term

[elsa7878] 06/12/2018 12:53

I have always liked this company and its prospects and held it for a while. However, I have always found it hard to get any decent answers out of the management. For instance: the order book is the equivalent of 4 years of turnover, implying that their agreements are relatively short term in nature. Bearing in mind that it is listed and so their figures are there for all to see, does that enable competitors to undercut them or even for their clients to squeeze their margins on renewal as the gross margin is relatively high. There are frequently rumours of bad relationships with clients. Is this typical and expected? What is their renewal rate? Construction companies work on a gross margin of about 4% (and a net of closer to 2%), these guys achieved a 22% gross margin and a net of around 8%. How sustainable is this? Are yearly figures a reflection of longer term trends. The previous years gross margin was 17%. I sold when the directors did as all too often they exit and a few months later things are not as rosy as was believed. I too will let the dust settle, see what the results say and revisit at that point.

[podgyted] 06/12/2018 12:21

I agree with GW, however Bilby created some uncertainty when the founder sold out. They had an opportunity at the AGM to give a TU but they didn't. Now the interims are delayed - so they are creating even more uncertainty - too much for me. I'll await the results to decide whether to come back in.

[davebowler] 06/12/2018 12:11

From


extract..
A: GW has been focussing on clean balance sheets for a few years

They are less likely to put money into cash flow negative companies now
They are taking profits slightly earlier and leaving more on the table for the next investor
There are world-leaders that are UK small-caps: Zotefoams LON:ZTF (can't keep up with demand), Bilby LON:BILB (defensive characteristics)

[podgyted] 06/12/2018 12:09

During market turbulence you sell stocks you are uncertain of - like those whose accounts are late.

GLA

[nico115] 30/11/2018 15:14

With figs soon and ST re iterating 165p target its not surprising there are no sellers and we rise on small buying interest

[hiraniha] 29/11/2018 13:51

Market price reflected mid 94.5, I purchased a load but broker couldn't give me a definitive price, I mistakenly elected 'at best', then end up getting shafted.Trade executed at 97.5.Market makers are very greedy.

[eentweedrie] 27/11/2018 19:01

this delay does not bode well imoholding fire on buying more until numbers are released...