Billing Services Share Discussion Threads

[gark] 16/5/2016 18:23

Ongoing buying here will be at 7 bid this week

[annonymous2] 16/5/2016 10:45

There will always be sellers but it will be hard to get a sustained bout of selling to get this back down much now.

topvest

In the last 10 years of Bill's history this is the only time it's been a outstanding buy and you think it's a sell. Just see how much debt they have eliminated in this time

[gark] 15/5/2016 18:07

Actually they paid a special dividend 2 years ago and the loss in revenue dramatically reduces now as the loss of fixed line revenues starts to flatten out. If the wifi works then revenues will increase and looking at valuation of Boingo and the like there is some potential there especially with big providers using them. Each to their own but not sure why you are posting if you are so negative. As Tiger mentioned there is an ongoing buyer out there and very little stock available. In addition the CEO has a big holding. These are all things I like to see in a company before buying.

[topvest] 15/5/2016 15:58

I'm not! I did look at this because of the Utilico holding. Not sure Jim Mellon is a great deliverer of shareholder value though and they haven't paid a dividend for about 10 years or so. EBITDA is positive for now but on a compound 23% reduction in revenue per annum for the last 5/6 years (source Stockopedia) they only have that for a limited period before it starts getting nasty!

[gark] 14/5/2016 17:34

So don't buy Topvest, you said the same thing a year or so back. All I can see is the EBITDA and net income look healthy for the market cap and they have a history of paying healthy dividends when they can afford to do so.

[topvest] 14/5/2016 16:09

I'm not sure that the UK accounts even comply with the Companies Act as subsidiaries of public companies cannot take the exemptions that they have done. As for the Group accounts they are a very poor set of accounts indeed, with reduced disclosures afforded with being a Bermudan company taken to the extreme.

[gark] 14/5/2016 15:56

I really see 7p+ as early as next week. Looks like it is being kept down to fill orders at 6.5p.

[castleford tiger] 14/5/2016 08:21

LEVEL 2 closed with 25k at 6.5 then it was 7p.
You can sell what you want at 6.25p.

Has to move up to 6.5/7.00 very soon.
Tiger

[gark] 13/5/2016 22:48

AT&T and Deutsche Telekom didn't think so and awarded them contracts. The U.K. subsidiary is the WiFi business that is a growing enterprise and not yet making sufficient net income to warrant more proper accounts particularly as these get incorporated at the group level.

[topvest] 13/5/2016 20:24

I've been watching this but decided not to buy. Can't help thinking its a low quality business. You just have to look at the shoddy accounts of the UK subsidiary to reach that conclusion. They are free on the Companies House web-site!

[castleford tiger] 13/5/2016 13:43

GOOD BUY good amount.
tiger

[gark] 13/5/2016 13:35

100k bought and not showing up.

[gark] 12/5/2016 17:10

Someone wants to buy but no shares out there, will go up more.

[annonymous2] 12/5/2016 16:20

Never too late for another rise

[gark] 10/5/2016 11:09

Exactly, think this will go up by a lot in next couple of weeks. More to go here IMO.

[annonymous2] 10/5/2016 11:05

Think it was a shake gark because when they dropped the offer to 6p I could not get a online quote for more than 10k

[gark] 10/5/2016 11:04

Take price down and buyers come in, this will get squeezed higher.

[annonymous2] 10/5/2016 08:34

5.8-6.34p online best spread

[targatarga] 10/5/2016 08:30

yep - but they know how to milk it!

[gark] 10/5/2016 08:26

Bid offer is now so wide in this, the MMs don't know how to trade it.

[annonymous2] 09/5/2016 13:58

Getting there gark.

I estimate it can cover it's current market cap in 3 years with strong cash generation and profits so even with usual decline in cellular business this current rating is too low but it's hitting new 2 year highs so one step at a time.

[gark] 09/5/2016 11:38

7's by end of the day.

[annonymous2] 09/5/2016 08:52

Hard work getting a quote had to fill or kill to get tiny amounts. Total squeeze atm in this one