Finncap Share Discussion Threads

[29palms] 15/4/2021 17:30

Looking good with new "all time high" today and share price gain over last 12 weeks:
+100.91%

Patiently waiting for release of finals in July with healthy div and very interested to hear outlook for coming year.

[djstevens8614] 15/4/2021 15:57

Flying this week!

[davr0s] 10/4/2021 21:01

Yeah but the thing is people can't resist following in and of course he knows this despite all the warnings. You only have to see the intraday volume increase when he declares he has bought something. It's very easy to post buys and sells after the event - i am being a tad cynical but I could do this and declare I am minting it. Don't get me wrong but quite a lot of what he says in his books is fine but I just feel he is a bit of a stealth pumper nowadays and very easily breaks his own rules

[djstevens8614] 10/4/2021 07:01

I get what you're saying DavR0s, and there is definitely some evidence of him not folllowing his own methods, you only have to look at some of his recent trades and there are businesses not making any profit or next to nothing which is against any advice I have read from him. In his defence, he repeats many times that he does not advise anyone to copy his own trades as he often doesn't put them on his website until at least a couple of weeks after he places them.

You can't fault his track record though, I believe the running profit total at the top of his website is only a fraction of what he has actually made, he had far more than that in accounts that I saw at his seminar.

[davr0s] 09/4/2021 21:07

Got to be careful with RB - he has a reputation for not following his own method. Also he has form of buying, declaring as such and selling but only telling folks weeks after the events - cynics would say he sold into the strength he generated. I have read his books and there is useful stuff in there but I moved on many years ago as I could see what he was up to

[djstevens8614] 09/4/2021 21:03

To be fair I'm following Robbie Burns (Naked Trader) methods, I've read all of his books and attended one of his zoom seminars, and his way seems to be working for me so far. But thanks for the suggestion I may take a look.

[thelongandtheshortandthetall] 09/4/2021 20:57

If you're starting out you could do a lot worse than read everything Peter Lynch has written.
Here's a speech he did in 1994 - it'll give a flavour of his thinking.

[djstevens8614] 09/4/2021 20:28

Thanks 29palms, I'm only a very small investor as I'm only just at the begining of building my portfolio, but everyone had to start somewhere :-)

[29palms] 09/4/2021 20:15

“Damian Cannon to host the next virtual slam at 6pm (BST) on Wednesday 7th April”

Welcome aboard djstevens8614, enjoy this nice upward trend with one very undervalued stock IMO

[djstevens8614] 09/4/2021 19:21

The morning after StockSlam was yesterday.

[sentimental rules] 09/4/2021 17:53

No it didn't

[davr0s] 09/4/2021 17:49

Welcome onboard but it didn't trade sub35today ?

[djstevens8614] 09/4/2021 15:37

I bought the morning after StockSlam at a little under 35. My buy triggered an increase and only gone one way since! Currently about 10% up in less than 2 days of trading and it looks massively undervalued with the profits they're posting.

[thelongandtheshortandthetall] 09/4/2021 12:45

I took notice of CIR from the stock slam.

Bought a little bit to encourage my interest.

[tomps2] 09/4/2021 12:08

The Stockopedia and piworld StockSlam April 2021 featured finnCap Group (FCAP) which was ‘Slammed’ at 24:58 by Mark Simpson

Video:

Podcast:

[thelongandtheshortandthetall] 09/4/2021 11:39

29palms.

Looks like we were right to see a miss pricing here!

Great ent it 🙋🙋

[29palms] 08/4/2021 09:10

Nice new all time high this morning.
Even hitting a new all time high this is still under the radar of investors at large IMO

Looking for an ever increasing share price up to release of finals in July, albeit with profit takers along the road.

As always DYOR

[thelongandtheshortandthetall] 07/4/2021 12:06

I too noted the non executive director buying 100,000 cnks at 73p.
I thought ay-up something's occuring ere.😃

Esp with cnks EV at £14m!!

[boozey] 07/4/2021 11:20

Both FCAP and CNKS have relatively small market caps, and both have witnessed reasonable Director Buying in recent times.

[thelongandtheshortandthetall] 07/4/2021 09:54

So approx cash adjusted PE of 6 and growing at a stonking rate.
Brilliant stuff.
I've been reading through the CNKS annual reports and the standout factor for these businesses is the cyclical nature of them. As revenue grows the profits that fall to the bottom line are many multiples, proportionally, of the increase in revenue.
An 83% increase in revs can be a 500% increase in bottom line profit for example.
The hard part is predicting the cycle accurately.

[scotchbroth] 07/4/2021 09:39

Progressive upgrade year to end March 2021 Fully Adj Dil EPS to 4.4p from 3.9p.

[thelongandtheshortandthetall] 07/4/2021 08:49

Great.
I expect FCAP will certainly receive more attention as time ticks along.
I like Sam Smiths target of 100m per year in revenue. Might get there quicker than they first thought.
I also bought a small snippet of CNKS.
The whole sector is going great guns at the moment.

[29palms] 07/4/2021 07:50

Now that TU should have the share price popping to a new all time high IMO

[boozey] 07/4/2021 07:17

Yes excellent update which will underpin the more elevated levels of recent times.