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BGL - BigAir Group

Discussion in 'Stocks 0-H' started by yogi-in-oz, Apr 6, 2006.

  1. yogi-in-oz

    yogi-in-oz Well-Known Member

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    :)

    Hi folks,

    Firstly, some general thoughts on trading IPOs, but
    please note, this is NOT ADVICE, simply a discussion
    and some time cycle analysis for BGL, listing tomorrow.

    ..... see file, attached below.

    happy days

    yogi

    -----

    :)
     

    Attached Files:

  2. xinyu09

    xinyu09 Member

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    I just finished reading the report on this company, and bought a bit of the shares.

    Imo, it's an exciting company and chart looks good. Increased volumes recently, it looks like someone is accumulating.
     
  3. xinyu09

    xinyu09 Member

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    Interesting things happening at the moment, maybe the stock gets a re-rating to the 20s. I hope I am not dreaming :)
     
  4. BigLeon

    BigLeon Member

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    Hey folks BGL obviously aren't getting a lot of airplay here on Aussie Stock Forums but they have just announced a 30% upgrade to earnings guidance for FY11, from $4m to $5.2m.

    They are the clear leader in their niche and I expect their growth to continue.

    Some of the key points about BigAir's business
     
  5. So_Cynical

    So_Cynical The Contrarian Averager

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    Leon i would appreciate it if you kept your thoughts about BGL to your self until after June 30 so i can free up some capital and get me a position. :)
     
  6. kingcarmleo

    kingcarmleo Well-Known Member

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    Have been watching these guys very closely. Unfortunately the share price is still pretty stagnant. Will look for an entry level below 16c
     
  7. skc

    skc Well-Known Member

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    Just to clarify the guidance refers to EBITDA, not NPAT.

    My NPAT guesstimate would be ~$2.3m so ~1.5c EPS, and PE ~12.5. Relatively cheap compared to IIN and TPM.
     
  8. FrontRunner

    FrontRunner Member

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    up 22% today...

    no announcements? Any thoughts on this? Large trading volume
     
  9. VSntchr

    VSntchr Well-Known Member

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    One of Roger Montgomerys bloggers gave it a big spin..and so the bunch of "ill do whatever you say"ers are buying in droves...
    they really are not value investors...
     
  10. FrontRunner

    FrontRunner Member

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    do you have a link to the blog entry?

    Just quickly how did you find this entry? I did a google search for BGL posts this morning which turned up with nothing of significance, hence my post here.

    If I had known I would have placed a market sell, instead I place a limit order that didn't hit market.
     
  11. Risk Chaser

    Risk Chaser Member

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    here's the post i think VSntchr was refering to, hard to imagine people would buy based on this.


     
  12. FrontRunner

    FrontRunner Member

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    Thanks RC.

    Hard to imagine that would have instigated this mornings rally, considering this will be the highest trading volume day for BGL. Somethings missing here. Maybe institutional block trade..

    Sp has settled at 25 cents
     
  13. titus

    titus Active Member

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    It doesn't look like the RM blog herd drove the price up today. The poster on the blog posted the comment at around 11.53am. At that time the price was already around 24.5c after coming off a 27c high. It was more to do I think from the Eureka Report from last Friday.
     
  14. VSntchr

    VSntchr Well-Known Member

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    I read his post before the market opened yesterday, so I dont think that is correct...

    Your right though, it was also mentioned in the eureka report which would have had an effect...15,000 subscribers means illiquid stocks will get impacted!
     
  15. tinhat

    tinhat Pocket Calculator Operator

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  16. titus

    titus Active Member

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    Ah yes, I had the dates wrong. This company looks promising but I want to do a heck of lot more investigating before I commit.
     
  17. Intrinsic Value

    Intrinsic Value Well-Known Member

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    I took a look at Big Air after reading about it on Eureka but it is still too early in my opinion to make an informed decision.

    It could do well but without any history and being so small I would prefer to wait.

    I would rather lower the risk and take less profit than jump in too early.
     
  18. VSntchr

    VSntchr Well-Known Member

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    Yeah agreed. I cant see how people are forecasting it to earn 3-4mil next year. Revenue is up 60% this half but profit only up 1%???

    This full year profit probably wont exceed last year by much assuming that trend continues...so for FY12 to be 3-4mil would imply an increase in NPAT of minimum 100%...its a big call to base you investment on that....

    I can't see the logic for so many people jumping in and paying any old price on Monday when there really is many companies offering just as much in such a risk v reward play...
     
  19. Intrinsic Value

    Intrinsic Value Well-Known Member

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    Just to add a bit of fuel to the fire on this one and this is a quote from RM from his blog

    "Less liquid than ZGL”¦A Eureka report article helped too perhaps. Only one analyst covering the stock. I believe that analyst may own 7% of the company."
     
  20. FrontRunner

    FrontRunner Member

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