Just quick summary to bring this to your attention; more detail will hopefully follow.

This stock floated yesterday at 10p and has since doubled. It has, needless to say, suddenly become very popular on another BB.

The company is profitable already and trading on an estimated (by yours truly) forward PE for the current year of 9 at SP 20p. EDIT: Hoodless Brennan estimate EPS for Full Year 2006 will be 2.18p - see article (link below).

Free float is 11.4% of the 81.2 million shares in issue - most are held by the directors.







Extremely useful Investegate article LINK


Extremely useful Hoodless Brennan analysis LINK


PDYOR, etc.

PREHAPS YOU SHOULD CONSIDER IT. IMHO, DYOR.

DRIVER, ARE YOU IN YET? +0.75P SINCE YOUR LAST POST.

oilyrag
Was in I got out in April, no funds at the moment but still on my watch list.

results any day and hopefully soon a european license. Possibly a nice spike and then the usual sharp drop-plenty of time to pick some up but it's almost impossible to get any when they spike up so buy on dips if you fancy some. lol.

Someone from the other side has phoned W H Ireland, and they have confirmed that the results will be released today. I have just topped up again.

Not as good as I was hoping for, and the reaction to the results might be continued drift now.

pp I agree but it makes sense to fast forward the push to get US regulations at the same time as europe--preparations and paperwork must be the same so costs will be cut presumably. When the permits arrive so will the rockets imo until then back to sleep or add on dips!!

I wonder how long this protected buy trade is going to last, and how many more shares its for. Once its out of the way and any residual T20's bought for results have expired I think this stock will appreciate considerably.

Weds 17 Oct is the expiry date for T20's purchased for interim results. After this I would expect a considerable rise in SP.

I hope so Taih have been very dull lately--great prospects though and a brokers note expected very soon according to the other side.

Its not been dull mp, its been manipulated and controlled to freeze out the hot money. If you look at this medium term you will make a fortune.

I agree.. hopefully mega bucks for the patient-no pun intended!

is this another rocket revealing its true self as a stick?

Hi cynic, have a little faith. Judging by its rise, late on Friday, with so few trades, this is a rocket waiting to be lit. The fundamentals of this company are A1. They are profitable and are about to be in a position to vastly increase their customer base. All excellent prospects in my book.

Ramp on oily we all remember TMC!!

broker note is out, but can only be accessed via your own broker if you have an advisory service (you need to ask WH Ireland to forward a copy to your broker).

has anyone spoken to their broker to see if they have a copy?

great company with good prospects, but flagging due to lack of news.

broker note, if made available to all of us, should show (strong) forward earnings for this year and next, which, apart from alleviating some apprehension current holders may have, may also persuade others to invest based on potential upside.

all imho

Latest WH Ireland Brokers Note


Just click on the "download file" link.

Someones stakebuilding. If they push the price down to 14p, then I would double up my holdings.

The way this is going at the moment oily I would be getting my money ready!

and if i were you, i would steer well clear