from "UPS"
WTL 70 - 72p +12p
Up at both sides and now going places
Why I did select the shares this morning at 59.50p........
Came to market 13 July 2005 at 84p raising 2.5M and on
a market cap of 11.02M Sales of 71M and making 480K profit,
has since made and excellent strategic acquisition of Coolectric
for 880,000 about net asset value with a turnover of 9.5M
and making a pretax profit in 04, but small pre tax loss 05.
NAV of 49p and a small deb of 2.8M but cash flow of 2.7m
Cash at the moment is still 3.1M and makcet cap at this morning price
of 59.50p was 7.8M, so almost half on cash enough said,
I have not seeing any BB, apart from mine "UPS",
but I did see large volume last Friday saying ......
" 303 times the usual volume price 58p unchange"
Yesterday's news was "5 directors buy 1,064M "
The spread was 57 - 60p, last Friday, yesterday move closer to 58 -60p,
but still 2 MMs at bid, finally this morning the price went 59 - 60p,
with one MM at each side, so decided to delect the share for "UPS"
and certainly has been good so far.