Internet Business Group 2006

Ken, in view of my post 11 and the following from the BLZ board today, you may wish to take a look at Orca. At least I know what the company does and the software seems to be good. At the present share price, I'm becoming interested. lrr

littleredrooster - 1 Jan'06 - 17:22 - 13489 of 13489 edit

"wheres Eric now, he was the one who raved obout Orca, was a better buy than BLZ according to him!!"

And I've got a share price competition running with someone (not Eric) until the end of 2006 on Orca v. Oilexco (the competition started when both share prices were 147p).

The current broker forecasts for Orca look interesting. They will now be out of date but a year's delay would not be disastrous. You read that possible p/e of 2.1 here first.

Forecasts
Year Ending Sales (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-05 10.80 0.20 0.60p 75.8 0.1 +841% n/a 0.0%
31-Dec-06 21.00 8.60 21.90p 2.1 0.0 +3,550% n/a 0.0%

Covering analysts: Altium Securities

I'd probably put a 'speculative buy' recommendation on Orca now. Strip out the cash and it looks good value.