Bonhill Share Discussion Threads

[tommygunn21] 10/10/2022 11:57

Totally agree it's not a great RNS but I can see why Rockwood are funding. Will be an interesting few months.

[value viper] 10/10/2022 11:31

Interesting TommyRockwood have said similar re possible take out levels They must be on a big loss and will clearly be pressurising for a takeout 2 or 3 times current price That's why they've agreed to fund for now I'm guessingBut not a great RNS of course

[tommygunn21] 10/10/2022 11:24

The leases wouldn't be included in the EV calculation by a buyer and I'm sure there's lots of PLC costs to take out. You've got the business having short term issues and any buyer would take that into account but it's the medium/long term view that would be interesting. You've got the cost savings coming through and sales of roughly 15m. Typically these types of b2b business's go for between 1-2x sales. DYOR

[qs99] 10/10/2022 08:15

Great to see bonus and options for much higher levels being issued, but after that statement, IMO, how can the business with nearly £2m of net debt including leases, with poor trading, be worth North of the c.£8m EV it is currently at? let alone double that? Maybe I'm missing something.

I do hope that those that are left in the business find a new supportive home away from the Plc markets. DYOR

[chrisdgb] 20/9/2022 09:58

VOX Markets did an interview with Rockwood Strategic...mentioned 15p as a target level..

[value viper] 20/9/2022 09:15

Sorry Chris - Staveley interview ?

[qs99] 20/9/2022 08:56

Still loss making and net debt....enough said....let's see what this new management can do I suppose! GLA

[qs99] 20/9/2022 08:55

how will this company be valued at EV of more than double current price? £15m? Seriously? DYOR

[chrisdgb] 20/9/2022 08:38

The Staveley interview sounds good here, 15p will do nicely....

[chrisdgb] 08/9/2022 11:39

Agreed, that would be useful....!

[value viper] 08/9/2022 08:35

Gotta be looking promising now for the future - might we see a director buy some shares now results out ......

[value viper] 26/8/2022 08:17

So can use loss going forward if any silver lining

[onjohn] 26/8/2022 08:15

Big write off on what was paid

[chrisdgb] 26/8/2022 08:08

Well reasonable if not spectacular deal and we can move on........

[value viper] 26/8/2022 07:27

As if by magicNot sure if price achieved fairEbitda sacrificed but costs cut £725k into bank to prop and higher margin focus now Hoping this can recommence a share price recovery

[value viper] 25/8/2022 12:06

hopefully they are still in business anyway :

hxxps://bonhillplc.com/

[davidosh] 25/8/2022 11:07

On the last RNS the contact details stated


Bonhill Group plc [phone]

Jonathan Glasspool, Non-executive Chairman

Patrick Ponsford, Group CEO


However the recorded message says no longer in service !!!

[chrisdgb] 25/8/2022 11:05

Maybe announced with the interims in a couple of weeks..?

[value viper] 25/8/2022 10:28

Agreed ChrisInvestors Champion have called this a Bonkers Valuation for a couple of yearsWould a 10p target be a realistic thoughtWhat might we expect the company to raise from the disposal ?

[chrisdgb] 25/8/2022 10:09

That would be good, let us hope core trading has been gradually improving as well.....

[value viper] 25/8/2022 09:23

Must be due the disposal news surely ?

[chrisdgb] 25/8/2022 09:15

Good to see a few buys nibbling.........

[value viper] 22/8/2022 09:02

In for a few back at 5p

[chrisdgb] 19/7/2022 11:34

Harwood and Downing with 34% of the stock will be working behind the scenes, value is here........