I have just bought shares in this company. They have just announced a return to profit today of almost a million after tax. The market cap is only 7.3 million, every division of this insurance firm is now trading profitably and there is talk of a fast increase in cash balances as well as a return to dividends within the next twelve months.
Having had a brief period in the doldrums following several expensive acquisitions, they are now fully integrated and this company will now grow quickly over the next twelve months, could easily double profits and fair value is probably around 120p (current price 69.5p). Very bullish outlook statement.

Ask your broker if they trade Ofex shares, with badgering most will get a hold of some now that Winterfloods and Teathers among others are marketmaking in ofex.

Some numbers: B-M profit after tax 991k, market cap 7.3 million, No dilution; eps 8.4p, p/e under 9. If they do double profits next year, prospective p/e under 5.



Well worth the effort!

An epic for this company would help Hawick, as MAM's engines can't seem to find it

It's on Ofex teletiger.

From the Evening standard:

Pardoe was very loud and very clear that major changes had taken place in the Berkeley Morgan organisation in the past year and that things were going to get even better.

However, before anybody gets too carried away, it is useful to point out that much of the improvement in the past year might be difficult to repeat this time around. Admin costs were trimmed by more than 1.1m last year. An exceptional loss of 2.17m in the 2002/2003 year compared with exceptional losses of only 200,000 in the year just ended.

Hello Jules love, aka Third Eye, aka pjhxxx, I believe? (almost identical post elsewhere within moments). I will be passing your details to management as I understand you have already been banned from posting here at least twice. That is correct isn't it?

Gone from a loss to a 991k profit in a year. Great value.

Teletigger it is ofex listed afn monitors will bring it up or www.ofex.com for more on these exceptional results. Hoping for positive press comment at weekend.

Your selective quote fails to acknowledge, Jules, that the article says the company should be comfortable with 1.5 million for next year.

And your tax comments which I note you have removed, rather than issuing a correction which any responsible poster would do, were plain tosh. It was a CHARGE not a credit.

Shabby.

Hawick I beleive that money am have software for detecting multiple alias.

Having said that I have indeed seen this very same post entered at the same time period on other sites.

Surely cant be a coincidence especially when the full article was not posted.

Jules anything to say???????????????.

cheers GF.