Styles & Wood Share Discussion Threads

[brando69] 27/9/2016 11:20

I see BGF has acquired 300k warrants at strike price of 9.37. Confident...

[brando69] 27/9/2016 10:49

Mms running low

[tattooed93] 27/9/2016 09:15

back to 500?

[qs99] 27/9/2016 09:13

some blue once more

[lefrene] 23/9/2016 14:08

It's the end of the week and it's had a good run for some time now, so I guess it will have to wait for more good news such as a juicy contract before it moves up again. But it does look cheap for a well run company with decent prospects.

[moneybags] 23/9/2016 13:56

spoke too soon....!!

[moneybags] 23/9/2016 13:09

I see today, Friday (so far) as a nice share movement 'rest day'....I.E....No movement yet.
Usually a good sign if you are holding. Consolidation Day

Regards , MoneyFamousLastWordsBags

[sheep_herder] 22/9/2016 17:23

What is hard about buying a £5 stock? Unless you only have £17.49 and trading fees of £12.50.

[lefrene] 22/9/2016 17:13

Don't see why, they consolidated to get away from the shame of literally being a penny stock, now that they have turned the business around they could make it easier to trade by reflating the stock in issue.

[graham1ty] 22/9/2016 14:57

Lefrene, it was in the pence, until early 2014 when the did exactly the opposite, a consolidation 10:1 to get the price from 6p to 60p. Bit bizarre to reverse that now

[martinc] 22/9/2016 14:50

I don't believe that makes any difference unless someone is considering purchasing less than a fiver's worth.

[lefrene] 22/9/2016 13:36

A 3 for 1 scrip issue would help make this more liquid and narrow the spread. Perhaps the directors consider it more respectable to have a price in the £'s rather than pence?

[gucci] 22/9/2016 13:24

anyone with L2?

[brando69] 22/9/2016 12:41

feels like start of climb to 550-600

[tattooed93] 22/9/2016 12:40

Last chance to buy at 435p now

[ihatemms] 22/9/2016 12:11

The AGM was in May!

[albanyvillas] 22/9/2016 12:04

another 30p jump tomorrow

AGM soon

[gucci] 22/9/2016 12:00

added today

[sheep_herder] 22/9/2016 11:29

I got in for some more at 402p. Not much but it'll help.

Thanks for all the posts looking at the aquisition details. Very useful.

[gleach23] 22/9/2016 11:25

at least there's been stock available to buy in recent days - take the opportunity while you can and be pleased you're in it when it's going up but you can't buy

[brando69] 22/9/2016 11:20

it was a classic treeshake

[qs99] 22/9/2016 11:19

including me....hehe...here we go...

[bigbigdave] 22/9/2016 11:18

They are ;o)

[qs99] 22/9/2016 11:02

looks like some people are topping up at this level IMO

[interceptor2] 22/9/2016 10:13

I think that the £2.5m payment is additional to the initial payment of £2.0m made up of £1.0m cash and the rest in shares. Yet the £2.5m for working capital requirements will be funded from cash inherited from the acquired business.

Yet even a payment of £2.0m is equivalent to a PSR of only 0.11, very cheap when the earn out expectations of future profits are looked at.

Even as soon as 2017 they have capped the extra payment at £2.0m which shows what potential profit could be achieved.

Maximum consideration after 3 years = £7.0m if profit estimate are met, PSR = 0.37 on last years revenue, but the Revenue figure is likely to be substantially higher if profit projections are achieved, lowering the future PSR figure somewhat. I would like to work out future margin figure but had better not because it would just be guess work at this time.

I think the acquisition is a great little earning enhancing addition.