L&g Efund Cash Discussion Threads

[huddo1] 24/4/2009 22:36

Fairdeal. Did you manage to pick up on ICX. It's looking very strong imho after the RNS regarding its arrangements with Pfizer.
Huddo

[tara7] 24/4/2009 10:14

Fts cash and cash equ, over 9m pounds, market cap 8m pounds, makes big profits and growing.Total assets 14m pounds.

[bones30] 24/4/2009 00:14

Looking at the financials page for the same share on ADVFN and my brokers website (looking for cash per share) is giving me different values.

Anyone think of the best source of this info?

How do ADVFN find the time to update all the stocks financials pages?

[jaybeee] 22/4/2009 09:33

SKR, seriously undervalued, MCap less than cash in bank, recent sellers are almost cleared, starting to move, much more to come, should be 25-30p.

[robjm66] 20/4/2009 17:01

Yes ICX is looking good surprised anyone is wasting time with NVR and NPH when they have run out of steam and ICX could be about to take off due to takeover news and/or the news about the blindness treatment.

Robert

[huddo1] 20/4/2009 09:47

Have a look at ICX apparently a lot of noise in the press over the weekend. Picked up the info from hyper al on RENE or ABH bb.

[fairdeal2008] 20/4/2009 09:08

thanks RD will try

[captj] 20/4/2009 08:58

Anglesey Mining AYM. currently at less than 4p but that value is less than half the value of their holding in LIM an iron ore mining operation in Canada. This operation still has to cross some T's and dot some i's but if all goes well should be in production by year end. The Anglesey site is in moth balls awaiting rise in zinc price but just taking value of Canadian operation this is a free carry with the potential at some stage to add further value and was almost sold to an Australian mining concern a few months back. This is a fully listed penny share so can be tucked in ISA

[rdlaing] 19/4/2009 18:46

Fairdeal,

go to Historic charts, ideally select Candlestick chart, put indicators RS say 13, MACD, Stochastics etc

Right click on chart for properties

Drag across properties html to highlight

Press or select copy by right clicking mouse

Then go to post and post pointed bracket above comma (ie shift plus comma)img src=" then paste in html address (right click select paste)then type "pointed bracket above fullstop (ie shift plus fullstop)

You should see image posted after updating post.

Same can be done on all pictures, photos gifs, jpegs etc

Trust helps

RDL

[rivaldo] 19/4/2009 18:39

VLE (Volvere) is an investment company. It has a mere £6.8m m/cap at 120p, but per the 30/6/08 interims it had:

- £11.6m of cash
- businesses with almost £5m annualised turnover
- with those businesses making £732k annualised operating profit
- the businesses are specialists in hazardous/security certification, environmental protection and CCTV software, all sectors which should continue to do OK in a recession.

The central overheads of the investment holding company reduced total PAT to just £11k, and are too high imo, but the point here is that the continuing businesses will probably at some point be sold for a multiple of that £732k operating profit (as prior investments have been successfully) and the proceeds recycled into further investments. The current climate should bring some terrific deals for companies with cash like VLE.

Late last year VLE effectively invested £1m for 50% of the well-known MyOffers website (and others too), of which £0.8m is a loan repayable relatively quickly from memory. So, for just £200k, VLE will have acquired 50% of one of the most popular web sites in the UK. A good example of VLE's opportunism.

There's been lots of director buying and share re-shuffling prior to the upcoming 2008 annual results. The spread is harsh, but you can usually buy well within it - and the illiquidity means the price reacts quickly to any interest. Here's the thread:

[fairdeal2008] 19/4/2009 15:07

RD would if i could - need instructions!! :-)

[rdlaing] 19/4/2009 13:18

Fairdeal,

Excellent Idea, could you please add charts on stocks you mention please in thread header?

Another idea would be historic dividend yields where applicable.

Thanks RDL

[fairdeal2008] 19/4/2009 11:50

thanks guys

[hugepants] 19/4/2009 10:01

Taihua Pharma (TAIH) has 4.5p share price versus 10p cash and net working capital of 13p. Importantly, despite a rotten H2, TAIH is not burning cash. It will bounce strongly at some point.

Sunkar(SKR) is 9p to buy and has approx 12p cash. But there is phenomenal upside potential because SKR are sitting on a huge phosphate deposit. Ive bought heavily because I think it could multi-bag quickly.

BEK has 4p share price and net cash approx 17p and a couple of investments worth approx 2p per share on top. Thats the good news. The bad news its horribly illiquid and the company doesn't seem to do anything.

[8trader] 18/4/2009 17:54

Liarrrrrrrrrrrrrrrrrrrrrrrr

[lord santafe] 18/4/2009 16:28

CLS - Cheerful Scout - Remains one of AIMs biggest dogs and has about 10p in cash.

CLS is valued for just 0.4m and has nearly 1m in cash.

I do not hold and I am just trying to help this new thread.

[fairdeal2008] 18/4/2009 13:57

fiat lux - very good point do you mind if I cannibalise and put in header...

[liarspoker] 18/4/2009 13:21

This type of stuff is covered here:

[fiat lux] 18/4/2009 13:13

as a caveat it is important to note that a cash balance is fluid and that a business has to spend to keep in business. Some businesses spend it quicker than others depending on the sector in which they operate ie a pharma company with zero revenues will burn cash like wildfire to propel them to profitability while a trading company may be less dependent on THAT cash balance. It's important to understand the exact pressures on the cash sat in the bank of any business and therefore a company who run's good cash mgt policies will always survive as opposed to those company's that are lax and profligate

[fairdeal2008] 18/4/2009 13:09

Thought I would start a thread to act as a focal point for shares with market capitalisations much less than the cash on their balance sheet.

Please list your suggestions below. Many of these will no doubt be ridiculously undervalued and oversold - and that is the point of the thread.....

My starting suggestions are:


NVR

NviroCleantech - environment technology business where cash is £6-£6.5 million and market cap £3 million. Added value comes from the extensive environmental technology they have developed that could be worth a small fortune over coming years. Right now just focused on the fact you can by tenners for a fiver....


SHG

Shanta Gold - gold explorer in Tanzania where cash is £4 million approx and market cap £3.5 million. Added value here is that they have over two million ounces of gold JORC and this is growing on a steep upward trend.

[jdavieshome] 21/2/2009 07:03

Simple thing to do, when a currency is at its lows and everyone is predicting its demise then keep hold of as much of it as possible because you are at the bottom and its upwards from here.

[carlos124] 21/2/2009 04:27

simple question, difficult to answer?

what to do with £££

invest in land, houses, stamps, euros, dollars, gold, silver, stocks????

what's going to happen to the UK economy after 10 years of Gordon Bean's spectacular mismanagement, the collapse of the banks, the possibility that the UK will have to go cap-in-hand to the IMF.

Spend everything and accumulate as much debt as you can, prior to a hyper -inflationary spiral?

Or conserve cash and pick up assets at rock-bottom prices?

[james111] 20/1/2009 08:44

so where do we look now the HBOA is now LLBC we also havethe 9.75% which is LLBD.
NWBD has really tanked ( not suprised!) anyone fancy a punt?
comments appreciated. Indeed any other sugestions for cash.

Thanks

Regards
Jim

[james111] 10/1/2009 23:23

Pil
depends on the type of pref, many must pay out in full before they can pay any other div, i e if they skip a divi they have to repay what they missed before they can pay a normal dividend, I am not sure how that works regards payments back to UK gov,
PB s I gather the cash going into the pot is significantly reduced, a lot of a lottery, guess a lot like the share market!
My mum di PBs for 30 plus years and never had more than £50.

Regards

james

[pillion] 10/1/2009 20:20

Pref stocks may not pay out the full amount

Invested in PBs last year, not making much


I post as Pillion, also djalan


Also invested in a 1 year bond with Nationwide in June 08, this yields 7% gross

Of course I should have gone for a 2 year term