anyone have an idea why this has been flying over the last week? had Hutchings finally bought something?

interesting levels now...

i thank you....

results at 15.50!

AFX


LONDON (AFX) - Lupus Capital PLC said it is satisfied with its results for the first half of 2005 with a swing into pretax profit of 1.2 mln stg from a loss of 69,000 stg a year earlier on turnover of 3.14 mln stg, up from 3.04 mln.

The consummation of acquisitions however has been more difficult and despite having been involved in a number of very interesting opportunities the group said it has not been able to complete a deal.

Whilst this is of concern it is by no means a mistake, the board continued, as it said it is determined to pay sensible prices.

'We are determined to develop Lupus along the lines we have outlined and we continue to be diligent and resolute on making value producing acquisitions.'

The directors have declared an increased interim dividend, up almost 5 pct, of 0.132 pence.

The company also said its balance sheet remains strong and contains 2.4 mln stg net cash at the end of June.

It said it is currently examining a number of attractive opportunities which have potential for the company.

newsdesk@afxnews.com

slm/

"Examining a number of attractive opportunities....." Well, that could have been me on Saturday night. Are there no specifics for those eager for action (not another reference to Saturday night before you ask...!)?

Queen1 - its you and me babe gazing longingly on a Saturday night at THIS STUPID COMPANY! - i feel better now!

Greg is now officially taking the piss - buy something already! my fear is that he is looking at a monster aquisition which is why he is taking his time. do what he did at Tomkins - buy a few bits and bolt on a few more and then you have a conglomerate. i think he is due a call from me...

Rgds
PT

Well do feel free to give him my best proptrade.

Oh, and well done for getting it off your chest.

Bring on Saturday night!

OK no acquisition as yet. But surely the current share price is not warranted.
EB have not yet updated their Lupus data to the results, so does anyone have any idea what the current & forward PE is for this share. After declaring a clear pre-tax profit it must be really quite low and the dividend yield quite high.
So we just sit back and wait, whilst raking in a nice dividend? My (our) patience is running thin. Maybe a predator for Gall Thompson would liven things up somewhat!.
regards

P

i think we need some action (AND I DON'T JUST MEAN sATURDAY NIGHT)

i really may call next week. he wouldn't be the first CEO i have gone to meet...

Aah, there's three of us following LUP. Well, it may make for more interesting Saturday nights!

the more the merrier!

Any news, anyone, anywhere?????!

nope!

Aaaaaaaaaaaaaaaaaaaah!

An interesting conundrum . Today ( tuesday ) mms are ofer offering, despite the 9.50 and 10.50 spread ,an identical "bid" and "offer" price. Namely 9.85. This is a giveaway. l knew this company well as knew the old CEO . Oliver Stockern who albeit a " chancer " was capable of pullng off some geat deals . No better illustatrated then his taking Otari out of suspension ; and within a year was paying a dividend ... Tell me ; How may shares costing 2p give a dividend of o.33p . He was ousted at an EGM and Hoad attempted to sell Lupus main asset "Gall and Thompson ". He was offered by several interested parties between 9.2 and 10.4p p/s . He wanted 15p or more and thus declined . The rest is history . Greg , of Tomkins infamy, bought a wedge of stock , and stepped into the CEOs shoes . ......Now considering all oilfield services outfits have enjoyed a massive hike in s/p this past 2 years it is rather odd that G&T{ which has among its range of products the very successful "KLAW" device and and a full order book for the next two years in the making of marine couplings has not enjoyed the success its peers have enjoyed ...Taken in light of a rig count working @ 97.2% capacity and the construction of new platforms in the pipeline this stock is massively undervalued . l sold a long while ago @ 22p ,,,,,,and l bought 100,000 today @ 9.85 . l thought thier wasa glitch in the system as "selling "mms were looking for to sell at 9.85 .....as were those buying ...Didnt last long tho .....hmmm

nice post and welcome to a rather onely thrad. The Queen and I and with you all the way!

Absolutely! Good observations TheFrenchConnection and welcome to what will hopefully one day be THE party!

continued support...anythig moving?

I very much doubt it proptrade but will be very happy to be proved wrong :-)

me too my lady!

11.36% up and no news ????
The rumour mill must be on overtime

Any thoughts ??
Peter

Could this be the move we've been waiting for, for far too long.....?