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Has anyone not twigged??!! (TES)     

legend290782 - 14 May 2004 18:28

legend290782 - 03 Aug 2004 14:05 - 85 of 106

I have just bought some Broker Network Holdings (BNH). I will be writing a post on there later as to why I bought them. I bought at 61p and expect minimum 1.30 return....

ramu - 03 Aug 2004 15:24 - 86 of 106

ramu - 03 Aug 2004 15:26 - 87 of 106

Legend,

Which online broker can I use for shares like TES and BNH? My broker, IMIWEB does not deal with these shares. Thanks.

Ramu

seawallwalker - 04 Aug 2004 08:25 - 88 of 106

Well done leg end.

Looks like you have another, but what drew youto it?

ramu, look at broker advarts to see who deal on the AIM index.

Most do, one or two do not.

Go to the Motely Fool at www.fool.co.uk who usually have a few who they are pushing, but the cross sections will help.

If not look at hoodless brennan, Hargreaves & Lansdown, etrade, to name but a few.

In nmaming them I do not give any accompanying recommnedation, as to me they are all as good as each other.

seawallwalker - 04 Aug 2004 09:54 - 89 of 106

I hope all you TES punters are out.

If not, look at the price

ramu - 04 Aug 2004 12:07 - 90 of 106

Seawallwalker,

Many thanks - I managed to buy a few BNH from Hoodless Brennan.

Ramu

legend290782 - 04 Aug 2004 13:07 - 91 of 106

Guys,

I have detailed reasons for investing personally if anyone is interested.

The company has a market capitalisation of just 11.68 million at the time
of writing - share price 77.5p. Having raised 2 million net in May this
puts the enterprise value of the company at under 10 million.

Brewin Dolphin are forecasting operating cashflow of 2.85 million in the
next financial year. Having already beaten Brewin Dolphin's forecasts for
the last reported year this looks more than feasible and would leave the
shares trading on a p/e ratio of 5.1. For a growth company this is
exceptionally low by any standards.

Furthermore, the cash generated is to be utilised by acquiring brokers on
very sensible terms. The fear, as highlighted in Investors Chronicle's buy
recommendation last Friday, is that acquisitions must be found. However,
Monday's announcement eases this worry and on this basis I decided to buy
and believe that the shares are significantly undervalued.

It would be interesting to hear anyones thoughts on the stock. I think with the cash element it will be a lot safer than Tradingsports Exchange systems and I might actually be able to sleep easier at night!!

cobras - 04 Aug 2004 15:36 - 92 of 106

legend, what is it your view on TES,REPLY MUCH APPRECIATE.

legend290782 - 05 Aug 2004 13:55 - 93 of 106

I tried to post on here last night but must have deleted itself?? Anyway, I have put something on BNS for you to look at cobras

geeboy30 - 24 Aug 2004 08:29 - 94 of 106

what is going on with tes????????
i heard rumours of around 140p when things were going good. is it time to get back in???

legend290782 - 24 Aug 2004 08:45 - 95 of 106

I am waiting to see how far it does go down first. In the medium to long term I really think that this share will do very very well. Yesterday all of terry ramsdens companies took a hammering after a very pesimistic article published about him. When I bought the share, I had absolutely no idea he was going to be involved with this company and it has slightly put me off, now he is involved.

Kivver - 24 Aug 2004 08:58 - 96 of 106

All the references i have read lately say 'stay well clear'.

geeboy30 - 24 Aug 2004 09:17 - 97 of 106

hi legend
can you point me to the article
cheers

windys160 - 25 Aug 2004 14:31 - 98 of 106

what's happen for this company to fall so much in so little time?

legend290782 - 26 Aug 2004 08:46 - 99 of 106

All the companies Terry Ramsden has been involved with have completely fallen out of bed this past few weeks... Hansard, Leisureplay and not TES.

The reason for the fall is that so many new shares have been issued that it has diluted the other investors out. I really think if you hang in there, the shares will be good long term but they could easily drop to 10p just like that, thats why i am holding off a bit even though I think as they stand now they are undervalued... but it would be good to pick up some shares at 10p!! My main fear is that it could get taken private cheaply.

Hope this helps

AdieH - 26 Aug 2004 10:47 - 100 of 106

60% up today... Whats going on with this one...

ateeq180 - 26 Aug 2004 10:53 - 101 of 106

where do you get 60% from i think its 43% is it?

peterparker - 26 Aug 2004 10:55 - 102 of 106

im in again for 15k

AdieH - 26 Aug 2004 11:17 - 103 of 106

Sorry my mistake...

legend290782 - 26 Aug 2004 11:29 - 104 of 106

up and down like a tarts nickers
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