Venture Life Share Discussion Threads

[attrader] 13/9/2018 10:33

Thanks red as ever for eagle eyes on accounts. Looking at 2017 annual report, their gross billing was 232m and revenue of 116m. So I would assume they have removed the effects of margin plus transactions.. or may be not.. then gross profit is 28m which indicates they still have some elements of gross billings .. but then the admin expenses have risen up from last year.. i am wondering if their admin cost will benefit from scale .. getting a headache !

[redartbmud] 13/9/2018 10:31

Big7

I don't feed thy trolls.

red

[hydrus] 13/9/2018 10:31

I think there was a negative news article Jane. Sounds like you've managed the rise well to me.

[redartbmud] 13/9/2018 10:30

Buy @ £20 loos like it was a good call:-)

red

[big7ime] 13/9/2018 10:28

Tt jane has posted before that she has been topslicing PRZM

[toptrump1] 13/9/2018 10:26

Of course you did jane, easy to say after the event. Funny that most will not post their actions until after the event!
Fantasy that's why 😉

[toptrump1] 13/9/2018 10:23

Another reason PI's generally don't make money Big7

[janeann] 13/9/2018 10:22

completely unscathed - had gradually reduced as it went skyward. Might reduce my comparison score mind. No idea hydrus how to value it; long term if it stays ahead of the game I think it has great potential. I don't know if the drop was to take out some stop losses - I never use them. Had to place an order to get any at all around the 20 quid mark. Hope it does it again.

[big7ime] 13/9/2018 10:19

You made your money on Prsm janeann, why on earth would you go back in on the way down? Seems a bit mad to me

[redartbmud] 13/9/2018 10:17

Prsm

Ooh er Missus.
Close your eyes and think of England at times like this.
No news on the wires.

janeann - Hope you come through relatively unscathed.

red

[hydrus] 13/9/2018 10:07

Jane - is that because you think it is cheap at that level? Or rather you think punters will chase it up again and therefore it is a trade?

[janeann] 13/9/2018 10:03

what a lottery it is; managed to get a few prsm back below £20!

ps should have got more!

and sold some; a very expensive lunch!

[big7ime] 13/9/2018 10:01

The ponzi that is Prsm seems to have finally collapsed

[big7ime] 13/9/2018 09:50

More shorters entering the fray at KIE and the price keeps rising.
MGNS/GFRD Similar have reported excellent results
maybe they think kIE is another Carillion but then you have likes of Standard Life and Woodford taking very large stakes. Unless board have been hiding something I'd back the latter. Divi at 8% a warning or massive bargain? Interesting. I may take some before next results

[apad] 13/9/2018 09:46

I've got small holdings in SDX & AMER, Big7, for fun.

Malcy keeps banging on about their merit and wondering why their share prices are not higher.

I've also got a holding in SOU with a net cost of -483p a share.

apad😊

[big7ime] 13/9/2018 09:30

APAD AMER not as risky as most small oil cos
Cash rich, 100% operators in most
Low costs of prod and transportation
Owner of pipeline which may get used by other cos later
Making good profits at this poo
Exploration prog fully funded and tgting dozen or so wells in next 12mths, any which cld add substantially to reserves
Rex forced seller nearly done (spat with board etc more money and bravado than sense)
Takeover tgt!?
The positives go on

[apad] 13/9/2018 09:14

acquisitions, I presume.
apad

[attrader] 13/9/2018 09:05

Now I understand XPD bit better, as it is a services company, I am but I surprised at very low net margins. Why do they have such a low margin when gross margins are okayish?

[attrader] 13/9/2018 09:03

Big7, I was reading about Conifex, a Canadian listed timber producer, forward PE of less than 4, but it is a commodity business and needs tonnes of opex on sawmills.. btw, wood prices are going through the roof with sustained recovery in us house building.

[apad] 13/9/2018 08:47

Roulette wheel spinning nicely, Big7. I didn't realise their program is that active.
apad

[big7ime] 13/9/2018 08:24

AMER results are good which places an extraordinary value on share with a p/e of just 8
With a busy and fully funded drilling campaign this yr, the potential is just - wow.

[janeann] 12/9/2018 16:26

and sold my extra ams - another lunch!

[redartbmud] 12/9/2018 16:19

Gone back om my word.
Bought 5k Bree @ 74.375p - cost £3727.70.
Time will tell, if I BTFD.

red