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Started: ToS1963, 28 May 2021 22:30
Last post: ToS1963, 1 Jun 2021 13:27
Thanks FK.... thought I might seek out an opinion before taking the plunge here.
hi ToS. The explanation is all in the RNS's. Unless you knew them personally you couldn't tell any secondary motive. But if they deliberately misled in an RNS they would be open to prosecution for fraud through misrepresentation. The Directors have repurchased most if not all the shares anyway. Nothing to see here IMO.
Hi... I’ve been doing a bit of research here, with a view to investing. I like what I see, and believe from what I’ve uncovered there’s plenty of scope for future growth, and potential SP rises to come here. One small concern I have though, and I’m hoping one of the posters or someone who has held for a while here can put my mind at ease.... there has been some fairly regular, and chunky, director sells. (To be fair, there also some fairly regular purchases as well). Anyone else noticed this, and has any rationale, other than the ubiquitous “tax reasons” been behind it? Thanks in advance.
Do you think bilby is a take over target , I have a feeling its is.
Last post: Fallingknife1, 28 May 2021 16:53
They couldn;t hold it any longer. Interestingly the SP has gone past 40p and moved to 43p on the ask. There must be a large buyer out there for such a jump. Very happy to accumulate here having been a buyer since 18p. BILB is a very solid company which has just been out of vogue. When common sense returns we shall see a higher SP.
They will not let the sp go pass 40p ,I also have a large stake in bilby and got some more share this morning and the trade as gone through as a sell .
Last post: Dodger777, 25 May 2021 08:50
Been building a stake here, consolidating nicely at these levels.
Patience needed but expecting it to move north at some point to the next level.
I think you could be right they have been playing the SP for weeks
Started: Qd22, 6 May 2021 08:45
Last post: threeputt, 6 May 2021 08:58
I suspect the mms will try and make people see otherwise however
£3m EBIDTA. Repaying debt, and tax deferrals.... Sounds good to me.
"The objective to reduce net debt remains a priority for the Group and we have continued our rigorous focus on working capital efficiencies, cash conversation and cost management. This has enabled us to repay an additional £2.3 million of our term loan - over and above the scheduled quarterly payments. Our banking partner, HSBC, has waived the requirement of covenant measurements for the first half of the year ending March 2022.
Over the last 18 months, net debt has significantly reduced by £8.4 million; as of 30 September 2019, net debt was £11.1 million and at 31 March 2021 was £2.7 million, net of cash balances of £1.3 million. At 31 March 2021, Bilby had deferred £1.0 million VAT liabilities which post year-end, in agreement with HMRC, have started to be paid."
Started: Fallingknife1, 26 Apr 2021 12:27
Last post: Fallingknife1, 26 Apr 2021 12:27
back from the unexplained drop. Good news for me as I managed to chivvy some more. I really think this can go on and move to a higher SP so am happy to accumulate as we climb up in SP terms.
Started: Fallingknife1, 15 Apr 2021 12:32
Last post: Fallingknife1, 15 Apr 2021 12:32
Seems to be marked down for no reason! I will add as I think the small drop of 4% is unjustified. Probably in an overlooked sector with other stocks being more sexy but there will be a return to value stocks at some point. And Bilby is exactly that.
Simon Thomson had a target of 165p on this in 2018. He admitted calling it wrong: I wonder what he thinks now? Trouble is I don't think he ever goes back to his mistakes. But the problems of P&R are long gone by the look of it, and the rest of the group was never in trouble. They continue to squeeze their way upwards. May be a better prospect now than ever before. Especially if it's the turn of the main economy for a change.
Well that will teach me to open my mouth next time best to say nothing at all lol
Last post: Fallingknife1, 19 Mar 2021 12:30
Oh dear. I painted myself into a corner here. I hope I can add more before the SP goes above 40p. No reason I can see for the fall under 40p apart from a tempering of BILB's good run up.
Looks like the sp is breaking out ,when big in bilby when sp was between 11pand 27p and now paying off :)
Last post: Fallingknife1, 15 Mar 2021 10:35
Looks a good call now. Into the 40s and the rerate is well underway. Nailed on to keep climbing as I can't see the SP being hammered like before.
Struggling with this one, really undecided. At this point I should really either sell or top up - again. It won't cost a lot to buy as many shares as I bought at the start!
Bought in at 72p following ST's recommendation in IC at 85p. He admitted it was the wrong call after things came to light and advised selling at 42p, which was clearly a better call and I should have followed it. He said that "The credibility of the senior management of Aim-traded Bilby (BILB:42p) ..... has been shredded....". That's the point. I've done well at times with disasters before, such as Carclo, saying "OK, I've messed up, but knowing what I know now if I write that off would I still have the faith in them to buy this now, this cheap?" I did top up small at 20p, last November. Now may well be the bottom, but unlike Carclo I can see no particular reason why this should come back with all guns blazing at this moment. Is this management really on the ball? They're not old. Simon Thomson pointed out that Ruffer and Northern Trust both bought at 100p from the chairman and his son so would be sitting on big losses. But Ruffer, whom in general I really respect, do seem to have the faith: they bought more with perfect timing right at the bottom in March. I think they'd have gone elsewhere if they didn't have confidence in the management: if you were buying then there was a lot of choice! That's actually quite persuasive as they surely get to meet them, as will have ST originally.
This may sound like a de-ramp, it's not, I'm just trying to work it out. So, please, you're welcome - tell me why to top up again!
ATB all.
Could have been a failed take over the sp was going up 1p every few days before the AGM
Buying in today. I see the large dump as a positive as it might clear an overhang or a distressed Fund is getting out. Nothing of note at the AGM to merit a near 20% drop within a few days. It will be gas to see this one rise as I am calling the bottom here.
Big dump yesterday, proceed with caution here...
Started: Fallingknife1, 9 Feb 2021 16:47
Last post: Fallingknife1, 17 Feb 2021 20:57
Sneaked in my buy at 35.99p just before the rise. Very strong momentum now so perhaps investors are waking up to the possibility when Covid lifts then Bilby will be in a good place. Next stop 40s.
Evening Qd. Been buying since November at 18p upward since it came on my radar. Was lucky as there was a risurelydiculous fall from 21p to 18p for no reason except an overhang I'd say. Going to buy more tomorrow as I average up. I don;t know if we will see 100p but the mid 30s can surely translate into mid 40s at the current rate of progress Looks a solid company and when Covid unwinds there will be plenty of interest among investors. I intend to be in before then and out before them having built up a position.
Slowly but surely - perhaps - I think this will now do well. I'm going more by others's confidence than my own, as I said in September, "Simon Thomson pointed out that Ruffer and Northern Trust both bought at 100p from the chairman and his son so would be sitting on big losses. But Ruffer, whom in general I really respect, do seem to have the faith: they bought more with perfect timing right at the bottom in March. I think they'd have gone elsewhere if they didn't have confidence in the management: if you were buying then there was a lot of choice! That's actually quite persuasive as they surely get to meet them, as will have ST originally." There's been lots of large holding buys since October as well, and I think the management will have learnt a very hard lesson and procedures will have improved enormously.
Having bought at 72p and not been wise enough to get out when it went pear-shaped, I bought twice at around 20p, and it's very comforting now to be in the black.
I see the SP has a smart exterior now as it moved to 34p on the ask. Looking back to Novembeer an SP of 18p was just gas s much as the current SP is electric. Still plan to add more next week as I average up into the rise.
27p paid suggests you might have. Looking for 100% upside personally. I notice it got a shout out on a forum https://www.lemonfool.co.uk/viewtopic.php?f=93&t=27442
Top up this morning, I have a feeling the sp will start to move soon hopefully I got it right
Last post: Fallingknife1, 20 Jan 2021 15:12
Added more today and will continue though there seems mostly sellers. It gives me a chance to get a decent holding before what I see is an evitable rerating.
seems way too low. 7p of eps before the crisis hit. The new CEO has a good track record and is making all the right noises.
Started: Fallingknife1, 16 Dec 2020 12:57
Last post: turnkey17, 8 Jan 2021 18:29
The purdy team from a month or so again is now approved installed for most major manufacturers of ev charging points either wall mounted or free standing units. this should be a good business opportunity for bilby
has come off the boil a little but pleased that it allowing to build a position here at prices that I think the market is not valuing the company correctly. I have not completed my research for shares for 2021 but Bilby is a forerunner already.
Started: Fallingknife1, 10 Dec 2020 10:59
Last post: Fallingknife1, 10 Dec 2020 10:59
though the notional spread is wide. Now 30p on the ask. i will average up next week again as it is not up with events yet. Looks undervalued and then some.
Started: Fallingknife1, 1 Dec 2020 16:37
Last post: Fallingknife1, 1 Dec 2020 16:37
Happy to add more even after a 12.55 rise today. Paying down debt and looks like work was only postponed due to Covid and not lost. 74% Run rate is commendable when benchmarked against last year I particularly like current trading continues robustly. In for more later this month and will average up here.
Started: Fallingknife1, 6 Nov 2020 10:59
Last post: share_talk, 6 Nov 2020 16:06
With sentiment driving the recovery imo. Looks significantly derisked at these levels and I will be adding again shortly.
Started: Fallingknife1, 21 Oct 2020 14:31
Last post: Fallingknife1, 21 Oct 2020 14:31
as it allowed me to average up today. Very oversold and I think there is value here as a recovery play. I will pick up more next month.
Started: Gino23, 8 Oct 2020 18:03
Last post: Gino23, 8 Oct 2020 18:03
SP is moving up nicely, wonder if some news is about to come out ?
Started: Fallingknife1, 28 Sep 2020 17:58
Last post: Fallingknife1, 28 Sep 2020 17:58
from its low. 20p on the ask now so might soon nudge into the 20s. Will pick up some more next month as this is a bombed out stock yet hopefully a recovery play.
Started: Fallingknife1, 17 Sep 2020 11:43
Last post: Fallingknife1, 17 Sep 2020 11:43
Almost 20k of shares but any decent amount is usually a good signal. Clearly the director thinks BILB is undervalued as do I. Buys now at 18.5 P which means under 18p could have been the low. More to come here.
Started: Fallingknife1, 16 Sep 2020 17:18
Last post: Fallingknife1, 16 Sep 2020 17:18
after the morning session and mostly at full ask. The other board think Janet Copolo is the seller and she has sold before. At any rate I am glad to nip in at 18p on the recent dip. Will pick up more monthly though I accept in the current environment BILB could be anything.
Last post: Fallingknife1, 15 Sep 2020 10:24
Continuing today which is a bit worrying. Still unexplained. I have not got a position yet but might buy in tomorrow despite the fact it is currently a falling knife.
What's going on why the big drop
Started: Qd22, 20 Apr 2020 13:29
Last post: Qd22, 27 Jul 2020 09:54
Good results, as per update. Rising fast, and the buys are in round numbers of shares, which always seems to amateur me to imply institutions, or someone with deep pockets buying in bits. Great!
no idea but gutted as been watching for a while with interest but too scared to jump in at lows, 100% up since then. I suppose a buyout isn't out of the question as I got the impression they were a turnaround prospect before codid hit
.... as to the reason for today’s jump. Any ideas?