L&g Efund Cash Discussion Threads

[jon827] 17/4/2010 21:54

it will all be spun as bullish buy buy buy

[roninja] 17/4/2010 21:53

Ships, boats, trains and cars...

[thecrownsucks] 17/4/2010 21:51

tech sector will benefit like NTX

[pillion] 17/4/2010 21:42

Yeah, we 'll be using more water too
Buy UU.

[thecrownsucks] 17/4/2010 21:32

COULD ALSO BE A GLUT OF OIL TOO SO THE OIL SECTOR WILL GET HIT TOO..GAS WILL BE ALRIGHT THOUGH...COMPANIES LIKE VOG

[thecrownsucks] 17/4/2010 21:30

IF PEOPLE ARENT GONNA GO ABROAD THEN WHERE WILL THIS CASH END UP...AIRLINES WILL BE LOSERS BUT OTHER SECTORS WILL BENEFIT

[rivaldo] 09/12/2009 12:07

It's VLE for me (as Huge Pants above knows well!).

M/cap of £14m compares to £22m-£23m net cash, PLUS 50% of the UK's leading online direct marketing solutions provider, which is on track to make £2m operating profit this year, PLUS Sira Defence, which as a CCTV software provider with lots of IP should be worth another £1m or so (it operates at break-even at present).

Total net worth must be around £30m compared to the £14m m/cap:

[giant steps] 09/12/2009 11:52

I'll have to say CGM, no brainer



RNS today (9/12) shows Anglo Pacific increasing their holding

[currypasty] 09/12/2009 11:45

nice to see a thread like this revived, used to be a few in days of old

my nomination would be Encore oil EO. sitting on a cash pile equal to about 14.75p. Infact the Company is buying its own shares and cancelling them on any it can buy at 14.5p. Free ride with remaining oil/gas assets.

[hugepants] 09/12/2009 11:42

Ovoca Gold (OVG) announced a drilling update this week on their Gold deposit in Russia. The results were dramatically better than the previous announcement so this may be a valuable asset after all.

The shares are 4.5p to buy and net cash is approx 8p per share if you include the 2M Polymetal shares. Im assuming these are highly liquid since Polymetal has a 3 billion dollar market cap. Cash burn was very low for the last reporting period.

[hugepants] 10/11/2009 12:55

Leyshon Resources (LRL) is currently 7.75p to buy

From the latest quarterly report:

"...Following completion of the proposed transaction, the Company will have no
liabilities, cash and receivables of US$47 million (ie GBP29 million and A$
54 million)(based on the exchange rate prevailing at the time that the
transaction was announced) equivalent to 13 pence (A$0.23) per share..."

[hugepants] 28/10/2009 10:43

Berkeley Techmology (BEK) is the only stock I know trading at a significant discount to cash now.

Share price is 5p and net cash is 14p. I think worst case cash burn is now about 2.5p per annum. That assumes no revenues so should be less than that. They also have 1.5p of private equity investments. Its very illiquid though. Only invest if you are prepared to wait.


Any others worth looking at?

[zangdook] 27/8/2009 09:37

CGM, if their disposal goes through.

[zangdook] 30/7/2009 10:54

HGM, apparently. Not necessarily 'a lot' lower. Cash £173m, mcap £165m, and a large producing gold mine, and a couple of prospective mines as well.

[fairdeal2008] 27/7/2009 09:04

Its market cap is nearly £6million moc

[mocassinz] 27/7/2009 08:52

What about oxe
Cash reserves are £2,300,000 and market cap is £800,000

[fairdeal2008] 26/7/2009 14:23

any more stocks where cash is greater than market cap?????

[james111] 21/7/2009 15:48

To the above list I have added CW. LSE,PFG,NFDS,along with IRP which I keep adding into as it pays 1.8p per share every 3 months and share price is only 56p or so.
gives around 13% return. (DYOR Etc)
Any other good sugestions.
Regards
James

[vondutch] 24/6/2009 14:02

WAD - West African Diamonds

It had about £1.7m cash in February (with very low cash burn - 115,000 for last 6 months in interims) and a working diamond mine just started in Bomboko in Guinea - at its initial rate breaking even (but management expected it to be highter). Also expect costs to drop as they increase production so should be in profit (though small if cpht remains the same).

Other diamond exploration licenses in Guinea and Sierra Leone - one of which suggests diamonds at ~20cpht and about $200 a carat...expressions of interests and talks with another company about JV-ing on this license.

Valued at something like £2.5m. Very substantial amount of shares held by institutions/management. Hardly any investors on advfn boards, very little trading, seems to have missed radar. Genuinely find it hard to believe it would be at this level if more ppl were aware of it. Rant over!

[the sizzling pig] 11/6/2009 08:35

One that seems to be below the radar is ECK.

No Debts, £5m Cash in bank and some meaty new contracts including Capita Group Census support in 2011, Adjusted Profit 2008 with Rosey Future.

Results and Presentation on Monday 15th June 09 in London.

Could be very interesting.

IMHO DYOR

[james111] 09/5/2009 19:21

Help, does anyone have any sugestions, I have lately been buying in hi div stock, UU. SVT REX BT.A CHA SGRO
Among others but its a problem how can any of us manage with interest rates so awful.
Funny how years ago when I had a mortgage interest rates were so high. now I have cash interest rates are so low.
still shouldnt complain at least we have it just makes a problem what to do with it.
Regards
James

[fairdeal2008] 27/4/2009 23:27

Thanks Guys will look at tom...

[ayesha4] 27/4/2009 16:44

I think OVG is the most undervalued on the whole of AIM.

3.8p to buy

Has 9p in cash/shares in JSC Polymetals [$32m in cash]

World class mine at Kola

About to register the latter as a discover with the Russians (look what happened to AMC when they did that]