Billing Services Share Discussion Threads

[dave4545] 24/5/2018 08:42

Watch and learn and match up all the buys with sales late on and today.

Ponzi Aim nobody can hold the spikes, they have to sell within a day to use the money for the next spike

[castleford tiger] 23/5/2018 21:55

Disagree
Tiger

[dave4545] 23/5/2018 14:46

Well it was not that person who caused the spike. Somebody else mentioned it who apparently has a lot of followers and they all pile in and then out, nobody is still holding except some poor suckers who chased when 80-100% up and did not sell. Of course it's worth more but that does not matter in this ponzi market, one by one they will all sell in the next few days and the price will drift back unless there is a miracle rns

[ayesha4] 23/5/2018 14:30

Regardless of ramping DaveThe tweet has a point - it is undervalued

[davydoo] 23/5/2018 14:12

I was late to the party, but didn't want to miss out entirely


Billing Services Group Limited COM SHS USD0.59446
23/05/2018 Completed SIPP Account Buy 17,500.0000 £566.00


Billing Services Group Limited COM SHS USD0.59446
23/05/2018 Completed SIPP Account Sell 16,341.0000 £576.72


Unlike most who made a profit today, I sold, then bought back

my get rich slowly plan

[davydoo] 23/5/2018 14:10

someone paid 4.9p :-o

[shirley83] 23/5/2018 14:06

Haha Dave caught on spike.. Well done

[dave4545] 23/5/2018 13:27

Still cheap now.

[shirley83] 23/5/2018 12:01

If Dave 4545 is here and ramping it's spiky.. Watch for the no reason RNS

[davydoo] 23/5/2018 09:38

Thanks Dave

[dave4545] 23/5/2018 09:28

Tipped on twitter.

vilage_idoit
‏

@vilage_idoit
24h24 hours ago
More
#BILL - Odd situation of £3.3m market cap with £8.5m in cash and minimal debt so a negative EV. Positive operating cash flow and returned $5m to shareholders last year, with the board considering further cash payments if Wi-fi business is successfully sold. Jim Mellon owns ~28%.

4 replies 3 retweets 2 likes
Reply 4 Retweet 3 Like 2 Direct message

[davydoo] 23/5/2018 05:12

Well someone was keen yesterday

[ironstorm] 26/3/2018 21:37

Who is the bad person in this case?

[topvest] 26/3/2018 21:17

Get ready to be fleeced!
Glad I sold out at break-even a few years back. You can't do a good deal with a bad person to roughly quote Buffett!

[ironstorm] 26/3/2018 20:55

Annual results out. Not very transparent.

But TNAV seems to be in the order of 4p. Maybe more if they can sell the business for a positive.

However no clarity on cash burn since the turn of the year.

[davydoo] 20/2/2018 15:11

I hope the results are still out at the end of the March and not delayed by the strategic review

[denc] 14/2/2018 15:47

Nothing changed at this poc since i accurately forecast its demise.

[davydoo] 29/1/2018 11:13

Thanks Sophia

These holdings are higher than I had expected from my own calculations of the tender offer, but lower than they were prior to the tender offer.

My concern from the tender offer was that major holders would not take part, and thus increase their % holding, and I was surprised when they did.

Kenneth Grossman is a new entry, and seems to have appeared without his own RNS.

The sum of all of this, is that I hold a greater % share of the remaining shares outside the major holders than I previously thought I had.

My figures include a small allocation to Evil, but I have no idea how many, if any, he still holds.

[sophia1982] 23/1/2018 18:01

Tiger and others,
This is the updated website of the company.
Assuming that this table is correct, do you see anything to be worried about?
The three top shareholders have 63% but do they act in concert?


Significant Shareholders*
Name Shareholder %
Mr. Jim Mellon 27.95
Hawkeye Capital Management 21.52
Ingot Capital Management 13.80
Mr. Norman Phipps 6.58
Lombard Odier Investment Managers 5.19
Hartley SIPP 5.15
Kenneth S. Grossman 4.53


* Significant shareholders hold more than 3%
Updated January 18, 2018

[topvest] 21/12/2017 20:12

Its so obvious that this is going to delist. They are giving very strong hints...step 1 a tender offer, step 2 a NED reduction, step 3.... the AIM delisting announcement? You should have taken the tender offer in my view as most likely you will be left with shares in a controlled private company. Lets take views on whether this will be a sneaky RNS over the Christmas period.

[davydoo] 21/12/2017 15:30

I didn't sell any either, I even bought some more after the tender announcement.

Although I now realise why the market price didn't closer to the tender price, because there must've been an expectation that most shares would be tendered, and that therefore no one would be able to sell all their holding.

[castleford tiger] 21/12/2017 07:45

Something is not quite right here but hey .
I didn't sell any of mine hoping for a bigger slice of what's left.
164m at say 2.75p is well under 5 million market cap.

tiger

[davydoo] 19/12/2017 10:23

interesting to see the reference to a low cost model in the announcement of director resignations.

[davydoo] 17/12/2017 22:54

I am so surprised that many shares were tendered, and agree that it seems like the existing major holders are giving up rather than taking control, since this action should leave most shareholders at the same % they were before.