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Paul. Is not the "profit" and capex just donations <offloading> of old kit to Cardiff enterprise park in association with the university? Hence no FCF and no dividends? Not a CA but I am clearly not alone on my concerns if sp is an indication from those better qualified. But clearly PI are lapping it up. Did hold, sold, perhaps should have waited a bit…

Graham,Share (LON:SHRE) One benefit of holding that you may have missed. If you also hold a dealing account and hold as few as 500 shares in Share (LON:SHRE) then dealing charges are discounted by 30%. So for a frequent trader there is a flat fee of £5.25 a deal (on-line). Seadoc

Paul, Grateful as ever for your views, on shares but more so on the basics. "The trouble with hunting for low PER, high divi yield stocks (traditional value investing), is that all too often you end up buying rubbish, declining companies, which then disappoint against expectations, and cut their divis." Been there, done it, got the T-shirt. But I am getting better after 30 yrs!…

Jane, Thank you. That makes some of Paul's negatives reviews seem rather tame! Seadoc

Revolution Bars (LON:RBG) Interesting morning, jumped in with both feet at 11.27, found a surprising jump in liquidity after 1100 so there must be a seller, Paul is probably right about institutions selling. I still have a lot more in DP Poland (LON:DPP) but sold off some Conviviality (LON:CVR) for the readies. As an oldie I rely heavily on the children for advice on trendy…

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