Bloomsbury must be cheap. At less than 140 million over 24 in cash and 50m this time next year.

They made a reasonable profit without Harry.

July will be a wow time with the new film and new book.

So when will the magic return????????

I have some already _Should I buy more??????

I BOUGHT SOME AT JUST OVER 1.70 AND THEY'RE LOOKING A LITTLE BETTER NOW.

I STILL THINK THEY'RE A BARGAIN

AND THE SMALL SELLERS ARE LEAVING. SOMETHING WHICH USUALLY OCCURS BEFORE A BOUNCE!

2 in sight! Don't forget the divi!!!!!!!!

Stock pick for thursday BMY a chart that hopefully will bounce off a bottom support level backed up by strong fundies.



Fundies.....

Just look at the cash underpinning it ie the NAV 101p around 35 million cash and forward P/E of just 12.5 to end of this financial year.

Bloomsbury Publishing PLC

FORECASTS 2010 2011
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Peel Hunt
14-02-11 BUY 7.96 7.57 5.34 9.45 8.99 5.03
Altium Securities
09-02-11 BUY 8.50 7.80 4.60 9.40 8.90 4.80
Investec Securities
25-01-11 BUY 7.98 7.60 4.65 9.10 8.62 4.88
Numis Securities Ltd
19-01-11 BUY 8.00 7.80 4.70 9.50 9.20 4.90

2010 2011
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Consensus 8.11 7.69 4.83 9.36 8.93 4.90
1 Month Change -0.01 0.03 -0.01 0.01 0.03 0.00
3 Month Change -0.01 0.02 -0.01 0.10 0.10 -0.00

Notes to forecasts
Change of year end from 31 December 2010 to 28 February 2011


GROWTH
2009 (A) 2010 (E) 2011 (E)
Norm. EPS -37.73% 14.33% 16.07%
DPS 4.94% 13.55% 1.60%

INVESTMENT RATIOS
2009 (A) 2010 (E) 2011 (E)

EBITDA 7.41m 8.58m 9.61m
EBIT 6.16m m m
Dividend Yield 3.80% 4.31% 4.38%
Dividend Cover 1.58x 1.59x 1.82x
PER 16.65x 14.56x 12.54x
PEG -0.44f 1.02f 0.78f
Net Asset Value PS 101.00p p p


Last bullish trading statement 13/01/2011.........

http://www.investegate.co.uk/Article.aspx?id=201101130700063815Z

Nice results out today

Good dividend payer too !!

Not a true GC

A decent signal nevertheless

Being tipped by IC today.

....still holding...

Is that an inverted H & S on the above chart ?