Your Top share for 2011

cloud_dog

cloud_dog wrote: »

EDIT: I thought they had suspended due to 'short-term financial reasons' but its been over 7 weeks now without a communication which is somewhat worrying. I think SKR are another 'great prospects', 'lousy management'.

Well, an RNS is out, basically a number of directors are providing a short-term loan of $660k (repayable by March 2012, 10% interest), although they also state that they will require additional funding of $5m to continue operations until the end of the current FY.

It all smacks of inept management with a placing possibly around 6p (my guess).

sabretoothtigger

OH no, our funds star share is hit!

http://www.guardian.co.uk/business/2011/oct/05/supergroup-profit-warning-shares-warehouse?newsfeed=true


Still nothing much on SKR but at least bond markets are loosening up a little, maybe they will get that funding


Questor still likes centamin

http://www.telegraph.co.uk/finance/markets/questor/8820692/Questor-share-tip-Centamin-is-a-risky-Egyptian-play.html

Meeper

I'd take a close look at Telecom Plus plc, TEP.L

sabretoothtigger

I used to own them, pity I sold them. I didnt quite get why they should grow so much. Naked trader owns and used to work for them


Is anyone an electrician who might know much about Superconductors or electricity supply routing ?

I noticed ZEN is up 50% recently, an extremely 'cheap' share. They have no debt but are burning through their cash unless they can develop their products in time to take off in the next 18 months

Engineering is a real hot sector, maybe a bit of a secret compared to oil gas or more obvious plays but those skills are very in demand globally though this company is a bit specialist for me to decide which way they will go

Further to the announcement of 15 September 2011 regarding corporate restructuring and the new design non-superconducting Magnetic Fault Current Limiter (“MFCL”), Zenergy is providing a further progress update.
As stated previously, the Group is now focused on the MFCL market and, in particular, on non-superconducting MFCLs. Testing of key concepts have validated the non- superconducting technologies, and a half-scale prototype has been built and tested successfully. Work has already commenced on a full-scale demonstration MFCL.
Following this successful half-scale test, Zenergy will immediately seek to secure sales orders and commence commercial production of non-superconducting MFCLs in voltage classes; ranging from 4kv to 154kv.
The production and testing of an 11kv superconducting MFCL unit, (whose sale was originally announced last year), has now been completed. Fulfilment of this contract will result in Zenergy receiving £500,000 of cash net of costs.
The German subsidiary, Zenergy Power GmbH, has now entered into administration and is not expected to have any further material financial impact on the Group.
It can also be confirmed that overall operating costs are now running at approximately £4m per annum - down from £12m per annum previously. With nearly £6m in current cash balances, plus the additional £500,000 expected from the above 11kv MFCL, the Group has sufficient working capital for at least 18 months (even assuming no sales revenues).

http://www.4-traders.com/ZENERGY-POWER-PLC-4006321/news/ZENERGY-POWER-PLC-Non-superconducting-Magnetic-Fault-Curent-Limiter-MFCL-test-results-update-13847345/

Market cap is 5.5m

mr_fishbulb

sabretoothtigger wrote: »

OH no, our funds star share is hit!

http://www.guardian.co.uk/business/2011/oct/05/supergroup-profit-warning-shares-warehouse?newsfeed=truel

That was mine Massive drop of 25% and I'm wondering if it's a bit excessive if what they say about it not affecting their Christmas sales turns out to be true.

IronWolf

lol, it makes you laugh doesn't it, how a £9m revision to profits, from a temporary problem, wipes £175m off the market cap of a company!

I would love the defenders of the efficient market hypothesis to explain that lol

I wouldn't buy Supergroup because I dont think it has the competitive advantage you see with the fashion giants like Chanel or Louis Vitton, but for anyone that doesn't mind that I would say now is a good time to review this company as it could be a good buying opportunity.

sabretoothtigger

explain that

Its only efficient in the long term. I dont even know what supergroup is to be honest, I wouldnt really buy any uk brand selling to the uk only. (apparently they are international . Still not that keen on retail)
Retail is a minefield isnt it, really the best share would come from an expanding market not declining ones though I realise Im ignoring the idea that uk will develop in new ways anyway

I only have Tesco because I thought they could expand sideways or just survive

I sold some HOIL, bought bit of Zen and RRL and I think VGM is reliant for now on the gold price recovering

mr_fishbulb

sabretoothtigger wrote: »

Its only efficient in the long term. I dont even know what supergroup is to be honest, I wouldnt really buy any uk brand selling to the uk only.

They make the superdry clothes that everyone thinks are from Japan, when in fact they're in an industrial estate in Cheltenham

I see what you're saying about selling in the UK only, and building on Ironwolf's post I have actually looked at Mulberry in the past. Big, growing luxury brand which is popular amongst the rich in emerging countries.

It's on AIM though so I can't put it in my ISA. May still buy it, but need to do some more research.

sabretoothtigger

Invest regularly dodozg and you could have got Barc for 130p a share. They could still make 300 though it seems a long stretch now, something that volatile needs more then 1 shot

longleggedhair

Im a big fan of Barclays, and with a fair wind Lloyds. I tend to like good Dividend payig stocks and once this problem is resolved in Europe they should rise nicely along with their Div.