Ian. I have had genuinely held opinions on day one only to be have those opinions abused by the marker on day 2 and having to revalue that opinions.
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SEO is a punt and until it shows profits over a reasonable time will remain so.
Some figures to consider
Key Ratios 2004 Interim 2003 2002
PER x -12.69 -83.46 -73.85 34.30
PEG f 0.00 0.00 0.00 2.64
ROCE % -16.11 -6.33 -18.76 14.23
Turnover Per Share p 0.00 0.00 0.00 0.01
Operating Margin % -0.89 -0.85 -0.28 0.12
Return on Assets % -32.11 -10.12 -13.66 11.81
EV / EBITDA x -29.08 -147.75 -65.91 33.67
Net Gearing % -0.12 -0.21 -0.10 -0.43
Price to Book Value x 5.79 9.80 12.97 5.65
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********Price to Cashflow (PCF) x -48.30 -145.02 -93.57 33.76 ********
Price to Sales Ratio (PSR) x 26.51 127.80 18.45 4.20
Gearing % 0.03 0.00 0.00 0.00
Quick Ratio r 1.22 2.01 1.20 2.37
DPS p 0.00 0.00 0.01 0.00
EPS p -0.37 -0.07 -0.07 0.06
Five Year PE High x 34.30 34.30 34.30 34.30
Five Year PE Low x -83.46 13.00 13.00 13.00
At the moment the holders of shares in this company are basically gambling on a seemingly plausible idea.I have a certain sympathy for II and agree there seems to me to be a lot of persistent ramping of this share by a small number of contributors.One doesnt have to feed there egos by responding to them. (Like I am doing now.)
I am holding shares in this company thinking it will come good but uncertain when!
http://www.moneyam.com/action/nav/companies?page=&stockCode=seo