Surprising that no existing thread on Debtmatters (DEBT). Big run up this year and Shares are expecting more to come. Been watching for a while but recent news of accelrating expansion has encouraged me on board.

DEBT is a relative newcomer to the market: revenue up 230% to 2.44 at interims to Sept 2005 and pbt up 530% to 818K. In comparison DFD turnover to October 2005 (interims) more than doubled to 6.4m with pbt of 1.86m. DEBT achieved 200 IVA's for the first time in September: this became 344 in January and 534 in March. DFD has approaching 20% of the market which appears to be expanding at about the rate achieved by DFD as their share is constant. From this I deduce that DEBT has a way to go at its exceptional current growth rate. OK a pe around 90 appears high but two years could bring it to 30 and then 10.

From the charts there is terrific momentum in the climb. It may be that we have had two legs of a three-legged climb. Best to be on board for the journey!

Eric

Daily Mail has an article today on DEBT - ''Don't bet your shirt on debt relief firms''

It appears DEBT has made a comeback and defied gravity and Evil Knieval has to eat his words and his shoes...LOL!

Yes, DEBT IS PROVING THAT eVIL kNIEVAL HAS TO EAT HIS HUMBLE SHOES NOW. hAHAHA

DEBT has highlighted a problem in IVA market which is hurting not only DEBT but others in the sector who have until now stayed mum... I estimate that the true asset value per share for Debtmatters to be within 40p to 57p which represents maximum of 300% discount to todays price of 18p..BUY for short-term profit.