Utilitywise Share Discussion Threads

[deanmatlazin] 31/7/2017 09:18

bought too. hope for a bit of rebound

[ddubzy] 31/7/2017 09:17

Tsmith....Do you really believe in this lot to invest further funds?? My worst investment in recent years, feeling pretty disgusted in the continued filtering of bad news & the leak on Friday was the final straw for me!

[strongbuy] 31/7/2017 08:30

Not good, I'm baling out and getting what I can back before it ends up as dust

[ddubzy] 31/7/2017 08:08

Larva, spot on! Wow!!!

[spectoacc] 31/7/2017 07:50

Not mentioning the divi cut in the trading statement RNS was a bit, er, cheeky.

[larva] 31/7/2017 07:48

larva27 Jul '17 - 11:00 - 2925 of 2951 1 0 Edit
this is where it warns for the second time and crashes to 40p


Technically insolvent if auditors think there is a risk of further claims


Will be interesting what auditors think





I did say

[larva] 31/7/2017 07:47

GAME OVER MAN


DIVIDEND CANCELLED



36p today

[winsome] 31/7/2017 07:40

For the last few years I've read about people saying BUR is too high and bailing out to take quick profits, only to seriously regret it. I'd say stick with it. What's wrong with falling in love with a stock and holding for ever? This is exactly what made Warren Buffet the most successful investor ever.

Due the confidential nature of BUR's cases it is simply impossible to get a good handle on BUR's ongoing business. So why speculate? The brokers forecasts have always missed the mark by a country mile. The simple facts are:

1. BUR seem to be managing risk very well and they play a game of percentages where they always make sure the odds are stacked in their favour. They know they will lose some cases but they will profit from the majority of them. That's all they need to keep doing to make this a highly profitable business.

2. Their investments are growing rapidly in a market crying out for this sort of service. As they spread the risk across multiple assets the returns will only get less lumpy but its not like they have been anyway near lumpy to date.

Based on the above and the current low PE, no way would I sell. Especially as such standout investment opportunities are bloody hard to find at the moment.

[bennywin] 31/7/2017 07:36

Even trying to takes some positives out of this one is difficult.
18 per cent growth in orders falls well short of Flattery's sales targets.
What a mess.

[d1nga] 31/7/2017 07:35

divi gone as well

[spectoacc] 31/7/2017 07:30

Hope Friday's fall is looked into - wouldn't hold my breath tho.

[ddubzy] 31/7/2017 07:26

Leaky leaky dog stock....Trading update was scheduled for August, that's how leaky Friday was!

[tsmith2] 31/7/2017 07:26

Read the note explaining the early adoption.

[tsmith2] 31/7/2017 07:23

Actually, the adoption of IAS is entirely a timing thing and about timing of revenue recognition - things just get pushed into a later year, so prior year restatement would bring income/turnover into this year.

[ddubzy] 28/7/2017 21:18

Pretty annoying when you think your playing it relatively safe & you end up in a dog stock. Should have thrown the cash into an AIM oiler! Oh well it's only money, cheers BOD!

[its the oxman] 28/7/2017 18:58

Read past results/trading updates. Not good.

[wanttowin] 28/7/2017 18:14

Back to placing price,what is wrong here ?

[ddubzy] 28/7/2017 16:17

End of year results in August......Must be even worse than what's already out there!

[mj19] 28/7/2017 16:08

15% drop on fking no news

[ddubzy] 28/7/2017 15:54

What a dog this is!

[tsmith2] 28/7/2017 15:09

V little volume someone drop feeding - like over at AMER

[mj19] 28/7/2017 14:54

What the hellIs going on