Bradda Head Lithium Share Discussion Threads

[ihavenoclue] 25/10/2012 15:45

Wow 3.5p to 1.5p in one drop .... impressive !!

[northster2] 22/10/2012 17:57

Anybody in here ? What's the craic

[weevie1978] 06/9/2012 18:21

Apologies if already seen ....

[wessie] 11/5/2011 15:34

They seem to have benefited from a company called Interchagefx closing down (doing a runner) and there was a number on the interchange site that directed enquiries to BHL. Difficult to judge how much they may benefited from this but it should help. Don't hold at the moment but thinking about it.

[golla] 03/2/2011 13:57

moving up.Looking to break out it seems.

[gerryjames] 16/12/2010 12:00

Looking bullish, profit, doubling of revenue, large director buy, options at 18p and tightly held.

37.5k v 1 on line limit

Actually now you can buy 2, and I thought I'd seen it all.

[indalo] 07/9/2010 08:54

tax credit gets them into a position to make the FSA application, but what I don't understand is that the real underlying position is a deficit of £0.9m, so where is that deficit? If it's not in trade creditors surely that means on winding up client funds would be short....So how can client funds be properly segregated?

All IMHO etc

[indalo] 27/8/2010 13:41

still no results. Golla. What are you expecting ?

[golla] 03/8/2010 11:18

Result sometime in August.Time to tuck some away?

[dubois] 27/2/2010 09:32

indalo, several of us over on mhg would be interested in your views as we are a little in the dark as to how the company is constructed from a P/L point of view.
Hopefully you can look in on us.

[indalo] 16/12/2009 17:39

golla - for what it's worth I am in the same business as BHL and feel that if anything they are significantly OVER valued. They have very high overheads (not helped by listing costs) and have made substantial losses to date (P&L - £4.9m). When you add the £2.2m owed to Eqwinox you have an enterprise value of around £6m.

What also concerns me is that they have negative net current assets and are being funded by Equinox on a drip feed basis. As they operate segregated client accounts they must at all times keep client money safe and separate from company funds. If they have negative net current assets, they are either overdrawn on their company account(s), have short term trade creditors in excess of company "own funds" or have a deficit in client accounts. Either way it does not make for a stable operating base and I would not deposit my money with them as a customer.

Another important factor in this industry is the new Payment Services Directive which now regulates the money transfer market. Companies will be required to demonstrate a level of "capital adequacy" under new FSA regulation. As BHL have been in business for some time they have until April 2011 to become authorised. At present they could not meet the capital requirement based on their last accounts.

As disclosed above, I am basically the competition, but what I say is all IMHO. So DYOR etc...

[golla] 14/12/2009 12:33

Time to tuck some away.Looks cheap on fundamentals or is it?

[tomboyb] 03/12/2009 10:05

now this is moving. got 5k left in this one. it is very illiquid,

[johndee] 26/10/2009 14:36

CARLTON RESOURCES MAYBE................

[tez123] 26/10/2009 14:33

Lots of imminent takeover talk on LSE bb

[loverat] 23/10/2009 14:36

Interesting share movements. Looking at yesterdays and today's action seems like some traders got stiffed here. What's it all about fellas?

[minuteman] 23/10/2009 09:30

Barmey stock. Has to be teh most illiquid one I have seen. Virtually no volume yesterday for 200% rise.

Anyone got any takes on this.

I see the high turnover as a red herring myself: That is if they include all FX transactions as turnover, as opposed to the margin that they charge.

e.g. if on 1/2% commission on £400 million T/o that only gives them £2million to run their operations.

Does anyone know anything about these?

[wisteria2] 22/10/2009 19:54

mmfin not buying today ! just looking.Whats your story???

[oldvic] 22/10/2009 19:01

i know why this went up then down then up
the tip info said
buy a company beginning with 'b' and ending in 'hill'
should have bought
beacon hill

[shares14] 22/10/2009 15:59

tomboyb whats happened here? i have never seen anything like it all in a day??

[tomboyb] 22/10/2009 15:48

back up again 212% and climbing. Not for one holding in volume.

[shares14] 22/10/2009 15:43

Guys has this had a share options or something or has it just risen from 4p to 16p in a day ???

[tomboyb] 22/10/2009 13:33

the anomalie with BHL is that its turnover is huge almost half a billion. Yet it market cap is around 4 million at these levels. They need profitability which they indicated last results that some sections were better than others so they were concentrate on those.

[tomboyb] 22/10/2009 13:22

wisteria at the time i could not. V illiquid i took a few off the list as i could sell at 2.5p a few weeks back. If they can reach profitability that could re-rate it if not already.

[madmonkflin] 22/10/2009 13:17

get buying then.