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BISI Bisichi Plc

87.50
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bisichi Plc LSE:BISI London Ordinary Share GB0001012045 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 87.50 85.00 90.00 87.50 87.50 87.50 1 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 95.11M 17.61M 1.6496 0.53 9.34M
Bisichi Plc is listed in the Investors sector of the London Stock Exchange with ticker BISI. The last closing price for Bisichi was 87.50p. Over the last year, Bisichi shares have traded in a share price range of 87.50p to 305.00p.

Bisichi currently has 10,676,839 shares in issue. The market capitalisation of Bisichi is £9.34 million. Bisichi has a price to earnings ratio (PE ratio) of 0.53.

Bisichi Share Discussion Threads

Showing 151 to 175 of 1600 messages
Chat Pages: Latest  16  15  14  13  12  11  10  9  8  7  6  5  Older
DateSubjectAuthorDiscuss
05/10/2004
11:49
LOL Diog, dont think so, asia energy is down but I ddd think that there was far too much froth on top to say it 4 years away from production.

Back to bisi, just been reading that Mining houses and Brokers expect coking coal to hit $80 US dollars 2005, which is fantastic news for this one.

Isnt the present rate in the 50s?

regards oliver.

oliverletwintit
05/10/2004
09:45
Just another hole in the ground with a liar standing beside it, I expect, Oliver. :-)
diogenesj
04/10/2004
23:56
Should be an up day tuesday for this one. Came back in to evens from a small loss monday with more buys than sells.

Still undervalued I feel.

regards oliver.

ps, Diog, nice to see you have done well with asia energy, I have profited through Cambria mining, but not half as much as you , well done.

oliverletwintit
01/10/2004
14:34
Don't say I didn't tell you: Asia Energy up 52% already. :-)
diogenesj
01/10/2004
07:51
Oliver: thanks for the clarification. The dot com boom changed my life for the better too. :-)

stan: in an illiquid share like this, you are much better off with a small holding, which can be bought or sold easily (another reason why I only have a small holding). We small investors have a big advantage over fund managers in that respect.

Oliver has done tremendously well, but he has taken a big risk, because if anything does go wrong he will find it hard to sell at anything near the market price.

PS Want to see a real coal-fired rocket? Take a look at Asia Energy (AEN).

diogenesj
30/9/2004
23:23
DIOG, no Im still the same oliver, I changed it in protest because Oliver Letwin said if the torries got in power they would abolish the FSA. Ok FSA is pretty useless but its better than nothing.

Stan, dont be daft Im a working class bloke who got lucky with the dot com boom, I got out at xmas 2000, when others were jumping aboard. Yes it made me rich but it hasnt altered the way I think. You know as well as I do that timing of buying and selling stock is just if not more important than the stock choice in the first place.

Theres still plenty left in this one.

Good luck either way Stan as you seem a very decent bloke.

regards oliver.

oliverletwintit
30/9/2004
17:35
skyracer: not sure that I understand them either. Would you mind explaining the concept of "allocation"? Thanks.

stan: wouldn't we all! But there's no gain without risk.

oliver: is it investment success that has clouded your principles, and turned you from a leftwingtit into a rightwingtit (or am I confusing you with someone else using a similar handle)? :-)

D.

diogenesj
30/9/2004
16:34
well oliver, you must have well over 80k now and i can see from those figures that i'm way out of my depth here...I can only dream of investing sums like that in small speculative stocks so I think I'll leave it at that.

I admire your courage to invest sums like that in stocks like this and your ability to pick such winners, although given that you are so loaded I suspect that this is probably small beer to you.

Well good luck, and hope you become even more loaded...Skyracer might be right although I haven't got a clue as to what he's on about really to be honest..I'm gonna crawl back into my (very) small investor's world and dream of acquiring stocks like this.

Bisi is too pricey for me to risk anything in now I'm afraid...unfortunately i'm not loaded!

PS has anyone got any tips for stocks like bisi...but before they have taken off in a spectacular way...would love to hear of some.

stan
30/9/2004
15:54
cant see a p/e of15-20 for a cyclical company at the top of its market.
mw8156
30/9/2004
12:33
Diog, Sorry cant add any thing else to skyracers post. Covers everything I would have posted and more. Well done that man.


Must admit had one too many tinnys last night my appologies, but Stan there still time left to climb a board this one.

Going like the clappers again today.

regards oliver.

PS, still think people are too bearish on commercial property prices, dont forget start of next year we have new investment legislation coming in which should boost the sector.

oliverletwintit
30/9/2004
09:59
So why is BISI going up like a rocket? Seems to me some inside briefing may be taking place and that BISI's circumstances are even better than we imagine. So I will share what I think;

There has been a order-of-magnitude change in BISI's circumstance for the better. Very strong coal prices that seem set to stay, driven by an impending global energy shortage ie high oil prices seem set to stay as well.

At the same time the shrewd management of BISI has won a large fob export allocation AND invested in production expansion with precision timing. Quite extraordinary.

How might this increase BISI revenue?

Year Alc Rev£m

2004 272 07.6

2005 408 11.3

2006 544 15.1

Assuming; contracted price = $50 , Exchange rate £/$ = 1.8

Note: In 2004 Black Wattle's share (272k tonnes) of the total export allocation (2000k tonnes) given to black empowerment companies through the Richards Bay Coal Terminal is 13.6%. I have used this % to get BISI's share in 2005 and 2006.

The profit margin on this extra revenue should be very good as the production output already exists.

However things could get even better;

It is quite possible that BISI negotiated a fixed price greater than $50, the price of coal was well over $60 for several months. The % allocations for 2005 onwards may be even greater. BISI should be upping production around now. To round off the golden scenario all we need is a decline in sterling which would boost £ revenue further.

In summary, the prospective figures are absolutely stonking. Even without increasing the % profit margin, or allowing for any other progress, I estimate 2006 eps at around 30p. Given a modest PE of 15-20 for such a growth company and you get a share price of 450-600p.

PS Can someone tell me how to add spaces in a post ?

skyracer
30/9/2004
09:00
You've lost me there, Oliver. Are you talking about ACE (Accident Exchange)? Now that is my biggest current holding: bought in July at 52p, up another 9.4% today at 163.5p. There's a lot more visibility there.

Still, well done with BISI, and I see it's nicely up again today. However, you don't actually give any figures to show that it is worth a lot more than the current price. What do you actually think the shares are worth, what earnings are you expecting to justify that price, and what do you base your expectations on? I'd be holding more shares if I had a firmer grasp on the prospective earnings figures, but I have not been able to find any forecasts.

diogenesj
29/9/2004
23:48
Sorry Stan, mate havent sold a pennys worth , WHY SHOULD I.

cheers oliver. Nb, I invested 45k a now I have 78k.

oliverletwintit
29/9/2004
23:43
Hi Stan, and thanks for getting interested.

I have six tranches of these up from 98p and have no intention of selling any tranche.

Im loaded pal and that the truth.

Now then Stan, stop waisting our time or join us and get your wallet out.

regards oliver.

PS ANYONE INTERESTED, I have a company going live with COAL productuion come January 2005??????????????????????????.

Nutty Slat IS ACE.

oliverletwintit
29/9/2004
21:31
To be honest, stan, I find it hard to value the shares, which is why I only have a small holding. I sold the lot in April at about 111p (can't remember the exact price, but small companies were looking weak and I lost my nerve). Then I bought them back in June at 113p (not a very skilful trade, but then I'm not much of a trader). I'm actually a bit surprised to see them up 45% or so already. I suppose I'll just hang on till I lose my nerve again, and then sell. :-)
diogenesj
29/9/2004
16:04
I'm sure either you oliver, and especially you Diogenes, must have sold some by now...even if you haven't admitted it on here. Am I right? And if not, what price do you think it will have to get up to before your sell?
stan
29/9/2004
11:35
Yup and miners are up today aswell. Price is down slightly but buys are greater than sells, an excelent time to get on board.

regards oliver.

oliverletwintit
29/9/2004
06:25
it's ok i understand why the rise yesterday now...it was a sector thing with the miners generally pulled up strongly by news from the big groups...bisichi just benefitted from sector sentiment that's all.

Phew, knew there had to be some logical explanation. Sorry to rain on anyone's parade.

stan
28/9/2004
23:52
Stan, you are not taking into account the NAV per share (and it was diluted)at the last results. Add on the companys property portfolio last revalued last December and you have a very cheap investment indeed considering that out put over the next 18 months is likely to Zoom up.

I told you about 3 weeks ago 'get yer wallet out'.

Your the one missing the gains.

regards oliver.

PS, up 17p today.

oliverletwintit
28/9/2004
21:06
Assumed it was you buying, stan. Don't tell me you missed it again.
diogenesj
28/9/2004
18:40
what the hell is going on here! I don't quite understand it. The recent results surely don't merit a continued rise like this. I can only think today must have been some sort of upward blip.

Can anyone here justifiably explain today's sudden rise? (By the way I've read all the RNS announcemnts thanks)

stan
28/9/2004
17:14
Doesn't seem to take much does it!?

Sam

sammu
28/9/2004
14:45
Rather amazing jump today. Looks as if stan finally decided to bite the bullet and take the plunge. :-)
diogenesj
27/9/2004
23:41
Cracking little miner this resumed its northward direction today.

regards oliver.

oliverletwintit
19/9/2004
22:55
Well worth getting on board this one. Way undervalued stock.

regards oliver.

oliverletwintit
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