Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Bluebird Merchant Ventures

LSE:BMV
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BMV
LSE
£6M
Market Cap
  1. Home
  2. GB
  3. Materials
Company description

Bluebird Merchant Ventures Limited, together with its subsidiaries, engages in mining and developing gold properties. The last earnings update was 395 days ago. More info.


Add to Portfolio Compare Print
  • Bluebird Merchant Ventures has significant price volatility in the past 3 months.
BMV Share Price and Events
7 Day Returns
83.7%
LSE:BMV
11.9%
GB Metals and Mining
6%
GB Market
1 Year Returns
0%
LSE:BMV
-27.1%
GB Metals and Mining
-22.7%
GB Market
BMV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bluebird Merchant Ventures (BMV) 83.7% 36.4% -2.2% 0% 36.4% -
GB Metals and Mining 11.9% -18% -27% -27.1% -11.5% 7.3%
GB Market 6% -20.3% -28.1% -22.7% -24.6% -22%
1 Year Return vs Industry and Market
  • BMV outperformed the Metals and Mining industry which returned -27.1% over the past year.
  • BMV outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -22.7% over the past year.
Price Volatility
BMV
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Bluebird Merchant Ventures's competitors could be found in our database.

BMV Value

 Is Bluebird Merchant Ventures undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Bluebird Merchant Ventures. This is due to cash flow or dividend data being unavailable. The share price is £0.0225.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bluebird Merchant Ventures's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bluebird Merchant Ventures's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:BMV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.01
LSE:BMV Share Price ** LSE (2020-03-27) in GBP £0.02
LSE:BMV Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.241 $0.03
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry PE Ratio Median Figure of 34 Publicly-Listed Metals and Mining Companies 6.59x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 747 Publicly-Listed Companies 12.54x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bluebird Merchant Ventures.

LSE:BMV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:BMV Share Price ÷ EPS (both in USD)

= 0.03 ÷ -0.01

-3.98x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bluebird Merchant Ventures is loss making, we can't compare its value to the GB Metals and Mining industry average.
  • Bluebird Merchant Ventures is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Bluebird Merchant Ventures's expected growth come at a high price?
Raw Data
LSE:BMV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry PEG Ratio Median Figure of 25 Publicly-Listed Metals and Mining Companies 0.45x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 531 Publicly-Listed Companies 0.98x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bluebird Merchant Ventures, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bluebird Merchant Ventures's assets?
Raw Data
LSE:BMV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.00
LSE:BMV Share Price * LSE (2020-03-27) in GBP £0.02
LSE:BMV Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.241 $0.03
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry PB Ratio Median Figure of 118 Publicly-Listed Metals and Mining Companies 0.82x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,322 Publicly-Listed Companies 1.08x
LSE:BMV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:BMV Share Price ÷ Book Value per Share (both in USD)

= 0.03 ÷ 0.00

7.81x

* Primary Listing of Bluebird Merchant Ventures.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bluebird Merchant Ventures is overvalued based on assets compared to the GB Metals and Mining industry average.
X
Value checks
We assess Bluebird Merchant Ventures's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Bluebird Merchant Ventures has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BMV Future Performance

 How is Bluebird Merchant Ventures expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bluebird Merchant Ventures has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bluebird Merchant Ventures expected to grow at an attractive rate?
  • Unable to compare Bluebird Merchant Ventures's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Bluebird Merchant Ventures's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Bluebird Merchant Ventures's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
LSE:BMV Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 6.2%
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.4%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.4%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:BMV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:BMV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -2
2018-09-30 -1 -2
2018-06-30 -1 -2
2018-03-31 0 -1 -2
2017-12-31 0 0 -2
2017-09-30 0 0 -2
2017-06-30 0 -2
2017-03-31 0 -1 -1
2016-12-31 0 -1 -1
2016-09-30 0 -1 -1
2016-06-30 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Bluebird Merchant Ventures is high growth as no earnings estimate data is available.
  • Unable to determine if Bluebird Merchant Ventures is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:BMV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bluebird Merchant Ventures Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:BMV Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Bluebird Merchant Ventures will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of BMV’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Bluebird Merchant Ventures's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Bluebird Merchant Ventures's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Bluebird Merchant Ventures's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bluebird Merchant Ventures has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BMV Past Performance

  How has Bluebird Merchant Ventures performed over the past 5 years?

  • Bluebird Merchant Ventures's last earnings update was 395 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bluebird Merchant Ventures's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bluebird Merchant Ventures does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Bluebird Merchant Ventures's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Bluebird Merchant Ventures's 1-year growth to the GB Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Bluebird Merchant Ventures's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bluebird Merchant Ventures Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:BMV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -1.70 1.03
2018-09-30 -1.72 0.91
2018-06-30 -1.74 0.79
2018-03-31 -0.03 -1.85 0.77
2017-12-31 -0.05 -1.79 0.76
2017-09-30 -0.03 -1.67 0.78
2017-06-30 -1.55 0.80
2017-03-31 0.03 -1.33 0.79
2016-12-31 0.05 -1.11 0.77
2016-09-30 0.03 -1.02 0.82
2016-06-30 -0.92 0.86
2015-06-30 -0.04 0.04
2014-12-31 -0.03 0.04

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Bluebird Merchant Ventures has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Bluebird Merchant Ventures has efficiently used its assets last year compared to the GB Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Bluebird Merchant Ventures improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Bluebird Merchant Ventures's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bluebird Merchant Ventures has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BMV Health

 How is Bluebird Merchant Ventures's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Bluebird Merchant Ventures's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bluebird Merchant Ventures's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Bluebird Merchant Ventures's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bluebird Merchant Ventures's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bluebird Merchant Ventures Company Filings, last reported 1 year ago.

LSE:BMV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.81 0.47 0.03
2018-09-30 0.81 0.47 0.03
2018-06-30 0.39 0.56 0.04
2018-03-31 0.39 0.56 0.04
2017-12-31 3.26 0.63 0.05
2017-09-30 3.26 0.63 0.05
2017-06-30 0.90 0.29 0.09
2017-03-31 0.90 0.29 0.09
2016-12-31 4.18 0.09 0.03
2016-09-30 4.18 0.09 0.03
2016-06-30 1.97 0.09 0.26
2015-06-30 0.18 0.72 0.01
2014-12-31 -0.03 0.10 0.02
  • Bluebird Merchant Ventures's level of debt (57.4%) compared to net worth is high (greater than 40%).
  • Unable to establish if Bluebird Merchant Ventures's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Bluebird Merchant Ventures's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Bluebird Merchant Ventures's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bluebird Merchant Ventures has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BMV Dividends

 What is Bluebird Merchant Ventures's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Bluebird Merchant Ventures dividends.
If you bought £2,000 of Bluebird Merchant Ventures shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Bluebird Merchant Ventures's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bluebird Merchant Ventures's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:BMV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 9.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 630 Stocks 6%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.4%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.7%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Bluebird Merchant Ventures has not reported any payouts.
  • Unable to verify if Bluebird Merchant Ventures's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bluebird Merchant Ventures's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bluebird Merchant Ventures has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Bluebird Merchant Ventures's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bluebird Merchant Ventures afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bluebird Merchant Ventures has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BMV Management

 What is the CEO of Bluebird Merchant Ventures's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Colin Patterson
COMPENSATION $120,794
AGE 64
TENURE AS CEO 3 years
CEO Bio

Mr. Colin David Patterson, CPEng (Mining), BSc (Eng), BCom (Hons), FAICD, FAusIMM serves as the Managing Director of Momentum Resources International Pty Limited,. Mr. Patterson has been Chief Executive Officer and Executive Director of Bluebird Merchant Ventures Limited since March 31, 2017 and September 2015 respectively. He has been a Senior Technical Advisor at Besra Gold Inc., since March 17, 2008 and served as its Chief Executive Officer from May 1, 2007 to February 2008 and its President from July 15, 2005 to February 2008. He is a Professional Engineer, has over 35 of experience in the mining industry, has served extensively as Operations Manager and General Manager for some of the world's largest and successful mining operations in South Africa and Australasia. He served as the Managing Director of Abracadabra Speculative Ventures Inc. He has been Corporate Technical Advisor of Olympus Pacific Minerals Inc. since March 17, 2008. He served as the President of Olympus Pacific Minerals Inc., from July 15, 2005 to February 2008 and also served as its Chief Executive Officer from May 1, 2007 to February 2008. From 1991 to 2000, he served as Managing Director of Emperor Mines that assumed control of Western Mining. Mr. Patterson served as Managing Director of Zedex Minerals since January 2004. He served as the Chairman of the Board at Apex Mining Co., Inc., until May 10, 2012 and its Director since December 18, 2009 until May 10, 2012. He serves as a Director of Phoenix Gold Fund in Malaysia. He served as an Independent Director at Goldminex Resources Ltd., since August 31, 2007 until July 10, 2012. He served as an Independent Director of Odin Mining & Exploration Ltd. from October 31, 2003 to June 26, 2012 and Lumina Gold Corp., from October 31, 2003 to June 26, 2012. He served as a Non Executive Director of Emperor Mines Ltd. until September 4, 2004 and Zedex Minerals Limited until July 15, 2005. He is a Chartered Professional Mining Engineer, Australia and holds degrees in Mining Engineering from University of Witswatersrand and Business Economics and Finance from University of South Africa. He is a fellow of Australian Institute of Mining and Metallurgy and a Member of South African Council of Professional Engineers. Mr. Patterson has a Bachelor of Commerce (Honours) from the University of South Africa and diploma in company directorship from New England University in NSW Australia.

CEO Compensation
  • Colin's compensation has increased whilst company is loss making.
  • Insufficient data for Colin to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Bluebird Merchant Ventures management team in years:

3
Average Tenure
64
Average Age
  • The tenure for the Bluebird Merchant Ventures management team is about average.
Management Team

Colin Patterson

TITLE
CEO & Executive Director
COMPENSATION
$121K
AGE
64
TENURE
3 yrs

Charles Alexander Barclay

TITLE
COO & Executive Director
COMPENSATION
$143K
AGE
69
TENURE
3 yrs

Aidan Bishop

TITLE
Executive Director
COMPENSATION
$150K
AGE
49

Stuart Kemp

TITLE
Chief Financial Officer
TENURE
3 yrs

Edward Taylor

TITLE
Company Secretary

Peter Wallwin

TITLE
Consultant
Board of Directors Tenure

Average tenure and age of the Bluebird Merchant Ventures board of directors in years:

4.5
Average Tenure
63
Average Age
  • The tenure for the Bluebird Merchant Ventures board of directors is about average.
Board of Directors

Jonathan Charles Morley-Kirk

TITLE
Non-Executive Chairman
COMPENSATION
$35K
AGE
57

Colin Patterson

TITLE
CEO & Executive Director
COMPENSATION
$121K
AGE
64
TENURE
4.5 yrs

Charles Alexander Barclay

TITLE
COO & Executive Director
COMPENSATION
$143K
AGE
69
TENURE
3 yrs

Aidan Bishop

TITLE
Executive Director
COMPENSATION
$150K
AGE
49
TENURE
6 yrs

Clive Sinclair-Poulton

TITLE
Non-Executive Director
COMPENSATION
$25K
AGE
63
TENURE
4.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Bluebird Merchant Ventures's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bluebird Merchant Ventures has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BMV News

Simply Wall St News

How Financially Strong Is Bluebird Merchant Ventures Limited (LON:BMV)?

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

Is Bluebird Merchant Ventures Limited's (LON:BMV) 54.36% ROE Strong Compared To Its Industry?

and want a simplistic look at the return on Bluebird Merchant Ventures Limited (LON:BMV) stock. … With an ROE of 54.36%, Bluebird Merchant Ventures Limited (LON:BMV) outpaced its own industry which delivered a less exciting 10.94% over the past year. … But ROE does not capture any debt, so we only see high profits and low equity, which is great on the surface

Simply Wall St -

Who Are The Major Shareholders Of Bluebird Merchant Ventures Limited (LON:BMV)?

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Another important group of owners for potential investors in BMV are private companies that hold a stake of 3.97% in BMV. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: Institutional ownership in BMV is not at a level that would concern investors.

Simply Wall St -

Is Bluebird Merchant Ventures Limited (LON:BMV) A Buy At Its Current PE Ratio?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for BMV Price per share = $0.04 Earnings per share = $0.008 ∴ Price-Earnings Ratio = $0.04 ÷ $0.008 = 5x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … Ideally, we want to compare the stock’s P/E ratio to the average of companies that have similar characteristics as BMV, such as size and country of operation.

Simply Wall St -

Should You Expect Bluebird Merchant Ventures Limited (LON:BMV) To Continue Delivering An ROE Of 54.36%?

See our latest analysis for Bluebird Merchant Ventures What you must know about ROE Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … Bluebird Merchant Ventures’s cost of equity is 9.77%. … Given a positive discrepancy of 44.59% between return and cost, this indicates that Bluebird Merchant Ventures pays less for its capital than what it generates in return, which is a sign of capital efficiency.

Simply Wall St -

Bluebird Merchant Ventures Limited (LON:BMV): Time For A Financial Health Check

With this growth in debt, BMV's cash and short-term investments stands at US$94.99K , ready to deploy into the business. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Next Steps: Although BMV’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

Who Are Bluebird Merchant Ventures Limited's (LON:BMV) Major Shareholders?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in BMV should also look at another important group of investors: private companies, with a stake of 4.01%, who are primarily invested because of strategic and capital gain interests.

Simply Wall St -

Bluebird Merchant Ventures Limited (LON:BMV) And The Basic Materials Industry Prospect For 2018

Bluebird Merchant Ventures Limited (LSE:BMV), a UK£5.73M small-cap, is a metals and mining operating in an industry which supplies materials for construction. … Today, I will analyse the industry outlook, and also determine whether Bluebird Merchant Ventures is a laggard or leader relative to its basic materials sector peers. … Given the lack of analyst consensus in Bluebird Merchant Ventures’s outlook, we could potentially assume the stock’s growth rate broadly follows its metals and mining industry peers.

Simply Wall St -

What does Bluebird Merchant Ventures Limited's (LON:BMV) Balance Sheet Tell Us Abouts Its Future?

Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … For this article’s sake, I won’t be looking at this today, but you can take a look at some of BMV’s operating efficiency ratios such as ROA here. … For BMV, the ratio of 202.89x suggests that interest is comfortably covered, which means that lenders may be less hesitant to lend out more funding as BMV’s high interest coverage is seen as responsible and safe practice.Next Steps: BMV’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

Why Bluebird Merchant Ventures Limited's (LSE:BMV) Investor Composition Impacts Your Returns

In this analysis, my focus will be on developing a perspective on Bluebird Merchant Ventures Limited’s (LSE:BMV) latest ownership structure, a less discussed, but important factor. … Broadly, insider ownership of this level has been found to negatively affect companies with consistently low PE ratio (underperforming). … Private Company Ownership Another important group of owners for potential investors in BMV are private companies that hold a stake of 18.48% in BMV.

Simply Wall St -

BMV Company Info

Description

Bluebird Merchant Ventures Limited, together with its subsidiaries, engages in mining and developing gold properties. It holds interests in the Gubong Project and the Kochang Project, which are underground gold mines located in South Korea. The company was incorporated in 2014 and is based in Road Town, the British Virgin Islands.

Details
Name: Bluebird Merchant Ventures Limited
BMV
Exchange: LSE
Founded: 2014
£5,677,854
252,349,075
Website: http://bluebirdmv.com
Address: Bluebird Merchant Ventures Limited
Harneys,
Craigmuir Chambers,
Road Town,
Tortola, 1110,
British Virgin Islands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE BMV Ordinary Shares London Stock Exchange GB GBP 13. Apr 2016
Number of employees
Current staff
Staff numbers
12
Bluebird Merchant Ventures employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 23:27
End of day share price update: 2020/03/27 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.