Bisichi Share Discussion Threads

[callumross] 23/4/2018 08:56

Pretty impressive results, especially the operating profit. EPS reported as 7p but would have been 21p for a P/E of 4 had it not been for the write off on the mining investment. 160p NAV to boot.

[topvest] 25/2/2018 08:28

The Heller's used to be fairly prudent. Over the years they have got a bit greedy. They are still competent at running the businesses, but they should be run for all shareholders and not just the family. I too haven't lost money in this one, but it could have been much more successful.

[callumross] 24/2/2018 20:00

They are a very poor example of corporate governance, I will give you that, but strangely I have done pretty well out of this over the years when you take the dividends into account

[my retirement fund] 07/2/2018 18:37

I think there should be some kind of stockmarket award to management whom are most skilled at brazenly rinsing a company for all its worth.This qould surley be right up there for the top award if so.This lot even make private sector managers like Philip Green and Dominic Chappel look like rookies.

[ntv] 07/2/2018 18:30

just has in the form of options
as though a £1m a year is not enough

[my retirement fund] 29/1/2018 11:56

They may be able to give themselves a pay rise then.

[callumross] 29/1/2018 09:46

This lot should be making serious money now if they have got the stone issues sorted out. Look at the graph on the Richards Bay coal price below!;

[happyholder123] 09/9/2017 09:25

HNR -
TWO wells successfully drilled with abundant oil and gas in samples extracted!
Fracking and FIRST OIL next month!
Don't miss this train!

[topvest] 08/1/2017 16:46

LOL - I suspect its already happened. Almost time to get out of this dog once commodity prices have a mini-top.

[bisiboy] 08/1/2017 16:41

with the drop in sterling mr h needs a big payrise this year to make ends meet.

[bisiboy] 29/10/2016 10:42

any chance of a dividend increase rather than a bonus increase for mr h?

[callumross] 25/10/2016 10:28

Looks like the market may be waking up to recent coal price - exchange rate developments!

[my retirement fund] 25/10/2016 09:52

Almost no stock available to trade at this level. Would expect the NAV to be comfortably exceeded before it becomes a little more liquid.

[my retirement fund] 25/10/2016 09:43

Indeed they are - perhaps they will be subjected at some stage in the future to Mrs May and her cohorts reterict of corporate governance reforms.But yes this is clearly a golden time for their coal mining businesses and the currencies all mean that they have never had it so good. What's more it looks more like a permanent development.

[callumross] 25/10/2016 09:35

Not just that - BISI must be coining it in with the favourable exchange rate movements in the £ / $ / rand rate. Plus £1.20 per share in UK property assets and £1.50 NAV overall. Board still taking too much out of this company, though!

[my retirement fund] 25/10/2016 09:25

I take it everyone knows about the doubling of price of high grade coal and shortage of coking coal and the cut backs in Chinese production in the last few weeks ?

[callumross] 27/8/2016 13:57

They do seem well remunerated! Anyway, £15.9m net assets, up from £15.6m at the year end equates to £1.48 per share and property assets alone are £1.20 per share.

[ntv] 27/8/2016 10:09

PROFITS WOULD BE TREBLE THOSE REPORTED IF HELLER DIDN'T TAKE £1M YEAR FROM THE COMPANY. GF

[callumross] 19/8/2016 20:18

Ticking up nicely. One of the beneficiaries from Brexit I guess through the exchange rate gains for the colliery as result of cable depreciation.

[bisiboy] 15/5/2016 19:16

me too see Mr H has managed to payback 15k of the loan.

[topvest] 30/4/2016 13:28

Yes, £1,576k of directors' emoluments versus £427k annual dividend says it all. Average salary cost for the workers is £24k even including the director excesses. I will vote against most of the resolutions, not that it will make any difference.