This space is reserved for Ramridge to introduce himself.
Paul Re. LMR. The issue of "capex vs opex" in relation to software development will continue to be debated until the accounting standards take a firmer line. Below is Microsoft's policy which to me is a responsible one and well argued. " Costs incurred internally in researching and developing a computer software product are charged to expense until technological feasibility has been established for the…
Hi Paul ". So I'll definitely be looking at companies where a good proportion of revenues are recurring in future I think." Which sector satisfies the following criteria? 1. Take money up front from customers average £2000 p.a. And don't pay out benefits until many years later, 2. Resilient even in recession and crisis times, 3. Eye watering fat margins and profits. 4. Volume business…
Paul - There is an interesting discussion in today's (Saturday) Investor Interactive forum about the nature of the swap. Killik's statement appears to say that the price risk is borne by QPP. QPP issue 1/12 of the total placing in shares ever month and receive the "prevailing market price" for each share. This is not a swap in any sense of the term. But then…
Hi Paul Re. QPP. You have a superb nose for ferreting out dodgy dealings leaving the traditional analysts at the starting gate. I think we ought to insure it like starlets insure their precious body parts! :)) Dodgy pension deficit accounting is another one that you have turned your flashlight on in the past. Superb attention to detail. Thank you. Ram
Like Paul I also downloaded his ebook on my iPad last week and it makes fascinating reading. One fact that I think hasn't been mentioned by anyone is that he shies away from AIM stocks unless they are exceptional ones. That's because he trades within an ISA. He uses his SIPP for the occasional AIM stock.The book is slightly biased in my view in that…
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