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slapdash - Tue, 27 Dec 05 :

Yachtmonster - I figure there is something of a cushion at around the cash value of say 15p and then probably a little higher than that considering the prospects to return to profits so say about 20-25p - in the short/medium term at least. So upside versus downside is pretty good. However, could be further negative news soon with a year-end trading update or the year-end figures in April. Really just a news driven stock and I have to admit I am fairly concerned they haven't closed any major sales in Q4. Hopefully Q1 06 will be a little more successful and after all we really only need one reasonable deal to be profitable and start to change sentiment and the outlook for the company. But still high-risk/high/-reward in my view.

Slap


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