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Buckland Group - Takeover ? (BUC)     

moneyman - 28 Oct 2004 19:51

http://www.thisismoney.com/20041028/nm84046.html


Buckland Group (BUC) shares were alos liftted by vague takeover speculation, and closed 0.10p higher to 0.30p.

dell314 - 29 Oct 2004 07:52 - 2 of 26

LOL!

More irresponsible financial journalism from the newspaper that was tipping Henlys as their recovery play of 2004!!

I think you'll find that the use of the word "vague" is their way of saying, "We haven't got a clue why it's risen, so we've made something up".

Those of us a little closer to the action know its being majorly ramped on ADVFN(after being picked from the top fallers list) .

Rgds
dell

All IMHO, DYOR etc.

guru11 - 02 Aug 2005 09:16 - 3 of 26

Not looking good at present. Price as at 2nd August 2005 is 0.14 / 0.22p
and the MM will only take 100k. Any good news - could send the share price much higher - but looking at Management disappointing record with the financial numbers - it would be an incredible surprise if we received any good news.

Mind you we loose our investment, Management stand to loose their jobs - so the incentive is there.

guru11 - 08 Nov 2005 20:16 - 4 of 26

This company is turning around, and doing all the right things.
Turnover should increase and they have already announced that they will save 150k in costs next year. All bides well for a profit and a low pe ratio.

plm2349 - 16 Dec 2005 14:53 - 5 of 26

keep buying................................................................................................

balcee - 02 Mar 2006 10:21 - 6 of 26

Keep buying indeed. It's been quiet here lately, but BUC has turned the corner.

An absolute steal at these levels.

moneyman - 07 Apr 2006 10:24 - 7 of 26

Started to move off it's bottom.

driver - 07 Apr 2006 12:15 - 8 of 26

Got some today results out soon may be good.

Web Site.
http://www.buckland-grp.com/

moneyman - 08 Apr 2006 00:47 - 9 of 26

Hope so driver. Good volume an a break from the down trend bodes well.

moneyman - 09 Apr 2006 23:28 - 10 of 26

Anyone else in these or about to join the run up to the results ?

driver - 10 Apr 2006 16:40 - 11 of 26

Looks like I got my timing right up 13.5% since I bought last Friday.

driver - 20 Apr 2006 16:29 - 12 of 26

Post from another board.

Although we have had bits of good news from RNS's - cost savings of 450k on admin. costs and the recovery is on the way, we only have the interim figures to draw against for future figures.
1. Turnover on a continuing basis could be a minimum of 3.342m
2. Operating costs based on interims could be 2.8m
3. Admin costs could be 1.2m less the saving of 450k = 750k
4. I see that there was misc income which could be 180k for a full year.
The net profit is the question, and the main factor depends on
a) A further rise in turnover from the figure quoted above and
b) A further lowering of costs, especially operating costs.
There is a lot of unknown factors here. Profit could be anything from break even to 500k if turnover was to hit 4m. The share price could realistically be anything from the current 0.12p to 0.36p, based on profits of 500k on a nil tax basis, on a pe of 6. Based on a tax charge the top end would be 0.25p. As I see it the profit is going to come from extra turnover and economies of scale. What about the turnover to come from Kigass?
Surely the combined turnover should be more than 1.6m for the half year.
A lot of unknown factors which one can only speculate at present.
I suspect that the results will be announced in early May, despite the RNS.

barrenwuffet - 20 Apr 2006 16:48 - 13 of 26

If youve had a good day please consider giving a donation to the lads dressed as Elvis racing 350 miles to the North Pole on behalf of Great Ormond Street Hospital It makes the London Marathon seem like a stroll in the park!
To donate or view how theyre getting on visit
http://www.elvispolarchallenge.co.uk/
thanks for your time

moneyman - 27 Apr 2006 00:13 - 14 of 26

If BUC perform like they should do then I certainly will.

driver - 02 May 2006 10:55 - 15 of 26

Results just out

Outlook

Based on current internal forecasts, we expect that the Group should be
profitable in the second half of 2006; the first half of the year will see a
further, very much reduced loss as we incur the final costs of running parallel
production facilities in Redditch and Bangkok.

The prospects for the Group once the transfer of all manufacturing to Thailand
is completed remain very positive.

Restructuring, the group is expected to generate significant profits in the second half of 2006 and beyond.

http://moneyam.uk-wire.com/cgi-bin/articles/20060502104359PF6EA.html

guru11 - 09 May 2006 20:23 - 16 of 26

I have read the statement in the accounts above but I am confused when it says in the star points that we should be looking a significant profit, but then the Outlook says should be in profit in the second half.
Hopefully eventually we will see a profit.
Interims due mid September.

moneyman - 10 Oct 2006 12:10 - 17 of 26

Starting to move up. Someone said they thought that the drop may have been due to the problems in Thailand.

moneyman - 01 Nov 2006 13:25 - 18 of 26

Had two good days of buying and no selling. Consolidation at this level then hopefully a move higher.

moneyman - 07 Nov 2006 16:07 - 19 of 26

Well the few sells that have occured over the last couple of days have been taken out by that 1M purchase.

moneyman - 08 Nov 2006 14:54 - 20 of 26

Can hardly buy any online now.

moneyman - 13 Nov 2006 11:08 - 21 of 26

Thought that the MMs couldn't hold it for much longer.
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