F.T.S.-Formula Share Discussion Threads

[philjeans] 13/12/2010 10:17

Yes - it's in demand.

I can see 50p in short order.

[tara7] 13/12/2010 10:12

More buying on Plus, paying the full offer

[tara7] 13/12/2010 08:59

Best bit is the directors have a track record of paying a huge divi, 30% last year.!!!

[encarter] 13/12/2010 08:56

Only 10% of the stock is on the open market so mms are getting squeezed. All they can do is keep putting the share price up until it reaches a value which reflects the recent sale, 75p for starters imho.

[tara7] 13/12/2010 08:45

After todays rise you are paying around one million quid for the 2/3 of the company not sold. If we value that 2/3 of the company at the same as the lump just sold it would come in at over £16M plus another £2.5M cash on the books, !!!

So you are getting just short of £20M of value in my view for a Million.

[philjeans] 13/12/2010 08:31

Yep; hold on tight.

[encarter] 13/12/2010 08:30

The bit they've sold accounted for less than 18% of last years pre tax profit, so shareholders are still left with 5/6 of the company.
A shame one can't buy any real quantity as it should easily double from here imho.

[tara7] 13/12/2010 08:07

Market cap now just £9.2M, with £8.27m from the sale plus the cash on the books at the time of the sale that is NOT included in the sale = more than this mornings Market cap.!!

Shareholders are still left with 2/3 of the company.!!

[encarter] 13/12/2010 08:05

The part of the company they've sold only accounted for 20% of last years proit. That puts a value of 125p on the company. As you say a 25p divi could be on the cards.

[philjeans] 13/12/2010 08:04

A 30% yield will do me just fine!

Let's hope they've got other plans for the rest of the cash.

[encarter] 13/12/2010 08:01

Yep, it's a no brainer.

[tara7] 12/12/2010 17:50

This company paid a 30% divi last year, with this cash could pay 100% divi this year and shareholders will still be left with 2/3 of the company.!

[icarus4123] 12/12/2010 17:21

ta will do

[tara7] 12/12/2010 17:19

They are out, search, BB, Taras ten for 2011

[icarus4123] 12/12/2010 17:12

Will we see Tara's 2011 picks or have I missed them

[tara7] 12/12/2010 17:07

Sam is in my view about to see a bid, staff are all in at 1p.

[loverat] 12/12/2010 17:05

Tara

Your record is impressive.

But why did you back SAM. Not going to be a multi bagger from what I can see.

[tara7] 12/12/2010 14:11

No, i am not but, with FTS just read that RNS, and do your own sums.

[rico_suave] 12/12/2010 13:58

tara you aren't always right!

i know what you are going to say

two words

"GO AWAY..."

LOL

[tara7] 12/12/2010 13:55

Well worth a look me thinks.!!

[steven1404] 11/12/2010 22:15

may buy some stock then

[tara7] 11/12/2010 07:39

They could pay out 100% divi.!!!![around 30% last year]

[corrientes] 10/12/2010 23:48

Another special dividend ?

[tara7] 10/12/2010 17:22

Great news, sold 1/3rd of the company[based on T/O] for todays market cap.!!!