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.

he can't leave it alone, think it's called jealousy.

not at all ..... why is it that there is such exception taken to those who post advising caution or even sales? ...... my reasoning for caution is every bit as valid (one might say more so) as your is for buying

err, did you read the notes from the companies AGM which states sales are up from recent results

durrr

DID YOU READ WHAT I WROTE?????????? ...... DURRR!!!!!!!!!!

clearly not!!!!! ...... but briefly ....
this sort of stock is very dangerous to trade, not only because it has very low cap, but is singularly illiquid with only 15% free ...... it is basic fact that while these mini-minnows can indeed rise like a rocket, at the slightest whiff of anything untoward, can (indeed will) fall like the proverbial stick or even a stone ..... further, unloading any volume can prove almost impossible.

thus, i have merely posted a sensible and logical caveat, so that those who jump in are forewarned

mummy's little soldier protecting all around him, can picture you now with a tank top, u a librarian??? Alot of my blue chips have lost 5%+ this last 2 days, seems they can be more dangerous than smaller stocks!

what is it with you? ..... i disagree, so you have to get stupid and personal

lol! just seen you post on the COH thread!! thought you didn't like illiquid tiddlers!!! Found out. Go and put jealous guy on your record player young man.

DURRRR!!!!!!!
I have never held or shorted COH
if you read properly, you would have gleaned that readily and that also established that it is a stock and even micro-sector for which i do not care ..... however, you are so eager to be ignorantly personal that you made a basic error ...........

had i written here, "Don't buy!" without any supporting logic, you would have had some justification for acting like a girlie with severe PMT ...... but you don't!

hey oilyrag

hope your still holding mate!!

so you just drift around threads advising people to buy/sell. Sounds like you need to get a life young man, care for a pair of my nickers to smell?? You can have the arse end as you wouldn't know what a woman smelt like it would seem!!

cynic get rich and buy

i see they are paying 30p for these now ;-)

only joking kate :) good luck

thanks, and i dare say your investment will prove a genuine gold mine, but as i said, not for me ...... unlike you, i have no need to be pathetically personal ..... by the way, i am assuredly a lot older than you, and for all you know, perhaps perhaps my sexual proclivities are more inclined towards sheep, horses or even dogs!

or was it deep sea diving cynic ? :)

enjoy scuba a lot, though am sorry to say have not now done so for 3-4 years ..... first tried it on my 50th and then dived every year in warm waters only(!) generally in between visiting our offices conveniently situated in Houston and S'pore

Yes dynamix, I'm still in and considering long term hold.

Kate Bates, as a form of compensation, should the sp collapse, may I offer to help you eat your knickers. lol.

Cynic, sorry Richard didn't mean to give you any grief, but sometimes it can break the boredom of some BB's.

Nice gain today, up 22% I am a bit suprised at how quickly its going at the mo.

that's ok m8 .... you know it never worries nor offends me .... however, it still amazes me, though it shouldn't, that if one doesn't follow the flock, one is almost invariably castigated for that contrary view, whatever its merits.

i would normally agree, but not in this case, theres no stock (hardly) and profits/sales are massively up compared to what the market were informed at float..

I've been having in depth discussions at work with a few PI's and they are also into this one. Apparently some of the more experienced traders on ADVFN are talking of 3 per share. Question is, how soon may we see this, probably at least after EU agreeing trading, and entry into the US. Another cause for concern is the length of time of tie ins for the board, any selling by them will increase the number of shares in free float causeing a dilution effect on the SP. As previously posted this is currently under most peoples radars, but not for long. Soon we shall see the hot money coming in. This will be followed by institutions as the market cap rises, this in turn will create plenty of trading opportunities as they like to buy in cheaply. I will almost definately top up my holdings on Monday, but feel that there will be a bigger queue than usual. This will move up again next week, but how quickly?