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PFO Prime Focus

2.25
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Prime Focus LSE:PFO London Ordinary Share GB0009293548 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.25 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Prime Focus Share Discussion Threads

Showing 426 to 450 of 625 messages
Chat Pages: 25  24  23  22  21  20  19  18  17  16  15  14  Older
DateSubjectAuthorDiscuss
05/1/2012
17:12
Joe Say, Post 229
Just for the record a subsidiary company can and will show an intercompany balances with its holding company.
It is the holding company that eliminates intercompany balances when it consolidates the subsidiaries results with its own.
This is a subsidiary company and as such it is entirely likely that there are intercompany balances shown within its accounts. In fact i would be surprised if there wasn't.
There may well be an alternative explanation for the increase in debtors but mine is entirely plausible.

tradeit4
05/1/2012
13:53
Well done you, and keep up the good work. I sometimes think that most here have no idea how to find 10 baggers yet this company has in the last 18 months made in profit its Market cap.!!!
tara7
05/1/2012
13:44
Tara - without making a meal out of it I was referring to the specific inter-company issue as I believe you were

In any event I haven't read the accounts in depth as a speed read suggests to me that this company is not necessarily a multi bagger - however I'm interested enough to pop in and see if/whether I'm wrong and as such it remains on my potential list

joe say
05/1/2012
13:05
Also of note is the fact that the last big trade was at 35p.

Why would PFO india pay that[in cash] if it was not worth a great deal more.??

tara7
05/1/2012
13:02
Joe say, Glad you have had a good read of the accounts, you will see this sub 5m pound company made £3M last year and £1.7M in the last half, plus a saving of over £4M will be made in the 2nd half.

For those reasons this stock is dirt cheap.

tara7
05/1/2012
12:56
just popped in to read this board - and although I respect Tara the idea that an inter-company account is a valid explanation is nonsense and to then refer readers to that posting with an emphasised "UNDERSTAND accounts !!!" is equally so

The accounts would elimninate any inter-company balances

joe say
05/1/2012
09:03
Good start to the morning.
tara7
04/1/2012
18:07
Jonc, THEY HAVE SOLD THE LOSS MAKING SIDE, LOOK what they are making NOW, today.!!
tara7
04/1/2012
18:03
Jonc, best you read the post above, Unlike you that poster can read and UNDERSTAND accounts.!!!
tara7
04/1/2012
17:32
This company is turning over not far off £50M a year and making huge profits.

The second part of that is a lie plain and simple.

After financing costs profits fell from £2.6m to .48m for the comparable six months.

You are counting exceptionals that will not be repeated.

jonc
04/1/2012
17:29
Cash/Debt Position.
In the rersults to 30/09/11 the Company repoted an increase in borrowings from £8.277m to £9.369m. +£1.1m Whilst this is true it is unduely negative to focus on this alone.

Look at debtors at 30/09/11 £28.554m verses 31/03/11 at £21.563m ie +£6.991m.
Its not surprising that borrowings increased to fund this level of working capital.
When these debts are collected £7m of cash will be generated. OK assume £3m is allocated to paying off the increased creditors.
That still gives net cash generated of around £4m. which ontop of the repoted cash position of £1.612m, should result in cash in the balance sheet of £5.6m or 17p a share.
I note that Simon Jackson from the shareholders action group is going to ask for an explanation for the increase in debtors when he meets with the company later this month.
I suspect its an intercompany balance, effectively funding another part of the group and hiding the cash generative capability of this company.

tradeit4
04/1/2012
17:10
Unlike yourself i research shares, something you do not.

This company is turning over not far off £50M a year and making huge profits.

Take a look at what is going on here, India wants to buy up the last 35% of the company but can not do it without the 35% free float.

Last week the Indian Govt opened the door for uk investors, so looks like 40p plus per uk share in exchange for PFO India shares.!!

OR it stays listed in the uk, pays a divi twice a year and keeps growing.

The group offers work for 4,000 worldwide .

tara7
04/1/2012
16:42
tara it is a company controlled by its Indian parent.

It is highly illiquid(which is why you are ramping it) and has a precarious future as a listed company.

jonc
04/1/2012
16:38
Stock moved on no trade this AM,level two and deal was reported at the end of the day.

Same has shown over the last 3 days, look tomorrow for a price move up without a trade.!! [trade shows at around 4.30pm]

tara7
04/1/2012
16:36
Poor old john c, can not see this stock is on a pe of one, [see post 202,] is growing at 20% plus.
tara7
04/1/2012
16:34
Culinary genius Heston Blumenthal showcases his domestic side in new series 'How to Cook Like Heston'. The Renegade Pictures project, which begins on Wednesday 4th January at 8pm on Channel 4, was posted at Prime Focus.

Duncan Russell supplied the grade, with audio work courtesy of Wid Cook. Head of Editing Clive Mattock provided the final polish to help the series achieve its distinctive, contemporary look.

Read More about our work on how to cook like heston

tara7
04/1/2012
16:31
Probably a tara sell imo.

Dumping while he can get out whilst ramping this illiqid pos.

jonc
04/1/2012
16:30
Late trade now showing,[15p] but infact a buy in my view from this morning.

These trades always show at the end of the day.

tara7
04/1/2012
16:24
Yep about 2p.
jonc
04/1/2012
15:54
You just might say the same in a month or two, [at todays price,] as it has yet to reflect even one tenth of its real value.
tara7
04/1/2012
15:53
tara

Another one supposedly going to de-list is EVN

That has fallen 80-odd% even though it suggests that profitability could be round the corner.

An interesting one to consider which may do the same as PFO...

double6
04/1/2012
15:51
DOH!!!!!!
I hovered over the buy button last week moments after that rns @ 10.1p!!!!!

lufc5
04/1/2012
15:49
Finance India opens stock market to foreign investors
India is to allow foreign private investors access to its stock market in a bid to encourage more overseas investment

The Indian government's decision to open the stock market to foreign private investors has come as a surprise to many Photo: James McCauley/Rex FeaturesBy Justin Harper
11:21AM GMT 04 Jan 2012

The announcement is another move by the Indian government aimed at making itself more accessible to the West, as it looks to capitalise on interest from global investors. The Indian economy has grown strongly in the last decade and investors are keen to tap into the world's second most populous nation.

Previously the only way to invest in the Indian stock market was via unit trusts or as an institutional investor. But from January 15, foreign private investors will be able to get direct market access.

A Delhi-based government spokesman said that it had taken the move "in order to widen the class of investors, attract more foreign funds, and reduce market volatility and to deepen the Indian capital market."

The move has surprised many observers, as only last month the Indian government did a U-turn on plans to open its retail markets up to foreign supermarket chains, having initially given the go-ahead.

But it feels it is ready to open its stock markets up to small foreign investors instead

tara7
04/1/2012
14:48
Level TWO Delayed buys going to show after market close.??
tara7
04/1/2012
14:27
Yes, India, and for that matter Prime Focus has found to its cost that the best way to grow is with trust.

Over the next few years a sea of change is going to lift India out of the third world.

PFO London is way, way undervalued due to past events, we are now going the right direction.

tara7
Chat Pages: 25  24  23  22  21  20  19  18  17  16  15  14  Older

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