Nigelpm

What do they do: http://www.rsmtenon.com/en/About-Us.aspx Through a comprehensive suite of accounting and consultancy services, we offer intelligent solutions to a national client base that ranges from individuals and entrepreneurially-led owner managed businesses, to large corporations and public sector organisations. With leadership in the provision of business advisory, risk management, tax, recovery and financial management services, we are the UK’s 7th largest accounting firm with a…

I don't really follow currencies closely but this one has peaked my interest. It's now at its lowest level (in terms of dollar value) since WWII (78.2 and moving all over the place having been as low as 76.4 as stops no doubt got hit) as I type. The considered view is that the BoJ are likely to start buying around 80 USD/YEN to protect…

Barratt Developments (LON:BDEV) looks to be another good asset play. The current market seems to be throwing lots of them up.Recent Half yearly report available here: · Revenues for the half year were in line with the prior year equivalent period at £877.6m (2009: £872.4m) · Completions for the period were 4,832 (2009: 5,053), including 36 (2009: 25) joint venture completions · Average selling price…

Basically a REIT with a big bank loan and property investments in Europe. Total liabilities = £243m. Total Assets = £346m Latest half yearly report here :http://www.rns-pdf.londonstockexchange.com/rns/7260R_-2010-8... i.e. Equity at £103m Market cap currently around £30m. Unless property in Europe continues to dive (which isn't impossible) should be a good if not great investment.

This looks to be a good asset play. http://www.investegate.co.uk/Article.aspx?id=201009150700076898S Final results out. All looks ok. Huge jump in NAV as expected Shares in issue - 81.85m Thus at £3 market cap is : c. £245.6m Per consolidated Balance Sheet Shareholders' Equity is £423.2m Thus NAV per share = £5.17. Also, dividend is up 15% and business is doing quite nicely.

The problem here is that the variables such as the recovery factor and reserves make such a large difference to the valuation as many well know. Perhaps management were just being exceptionally prudent in this RNS by giving the complete range knowing full well that in reality the upper end of the range is nailed on. They have a vested interest in a fall in…

Fair shout. There's plenty of smoke and mirrors in that RNS this morning and I took the view immediately that the uncertainties would also unsettle the market and got my trading holding away around £3.85. Will look to get back in around £3.50. The bigger picture however is that it's still generating vast swathes of cash and I'm happy to be involved but just with…

Another year ..sigh. Sell then. Simple decision to take away the sighing.

Well done on HFD Mark! I was very downbeat on them (still am longer term) but you made a nice turn. What else are you buying/holding ATM if you don't mind disclosing?

Anyway, production well on track as expected and cash flows can be lumpy quarter on quarter so generally positive.