Pagegroup Share Discussion Threads

[spursspurs] 04/4/2024 16:24

UBS has upgraded its recommendation on PageGroup from 'neutral' to 'buy', with a price target raised from 460 to 520 pence

[disc0dave46] 04/4/2024 08:32

Assume a broker upgrade or tipped somewhere?.

[spursspurs] 17/1/2024 13:50

!FOLLOWFEED

[disc0dave46] 15/1/2024 15:23

Bit confusing their revised op profit forecast,Q3 was £125m to £130m excluding the £5m restructuring costs, now Q4 it's £120m to £125m including the £5m costs, so basically they've kept their forecasts for FY23, not reduced it.....have a interpreted that correctly?, why didn't they word it the same as they did in Q3?, most folks would simply look at the figures and not the notes and assume they've trimmed the op profit again.

[disc0dave46] 09/1/2024 10:28

Read across from HAS profit warning.

[disc0dave46] 13/12/2023 18:31

Looking perky for some reason and only about 1.4% below its 52w high, RSI overbought as well.....do I take some off the table?, mmm.

[essentialinvestor] 26/10/2023 09:28

Added a few.

[essentialinvestor] 19/10/2023 13:03

dd, had a very small amount of RWA as one of my recovery holdings.

[disc0dave46] 02/10/2023 19:40

Jefferies raised Page Group from underperform to hold, and increased target price from 375 to 420.

[disc0dave46] 20/9/2023 10:29

"Updated Strategy targeting GBP400m Operating Profit and GBP1.5bn in shareholder distributions by 2030"That's a decent target, op profit CAGR 16% which from my calcs is up from a CAGR of 11% for the previous 7 year period (2015 to 2022). Miles ahead of HAS and RWA and slightly ahead of STEM. The market doesn't seem to believe it's achievable at the moment?.

[essentialinvestor] 15/8/2023 09:46

Page significantly outperforming RWA based on their recent respective results.

[disc0dave45] 14/6/2023 08:12

Read across from RWA profit warning.

[essentialinvestor] 17/4/2023 16:01

Page share price significantly outperforming RWA over the last month, Mr Walters retirement announcement may be a large factor in that.

Is the cycle about to roll over?.

[disc0dave45] 17/4/2023 15:51

Not had chance to digest the update but seems okay'ish.

[disc0dave45] 16/4/2023 12:48

Q1 tomorrow.....hopefully it won't be the usual sell on news.Hays reported Q3 on Friday and their net fees growth was welcomed positively by the market so hopefully the same will apply here!.

[disc0dave45] 10/3/2023 15:10

Decent numbers from RWA today (up nearly 10%), this should have reacted the same yesterday IMO as numbers were just as good. Maybe folks realising that today!.

[disc0dave45] 09/3/2023 08:20

The usual sell on news after decent results. Make the most of it IMO.

[essentialinvestor] 11/1/2023 19:28

Fair assessment Dave, well one on JD btw.

[disc0dave45] 11/1/2023 08:30

Yep so no real surprise. They've reduced op profit by about 4.8%, so I reckon circa 43p eps so only on a PE of 10, still decent upside IMO if the "recession" is short lived - that's the million dollar question I guess.

[gswredland] 11/1/2023 07:48

Similar pattern to RWA with recent slowdown

[essentialinvestor] 10/1/2023 20:51

You might wonder what would happen if we get a weaker trading update later this year!. RWA statement read well to me.

[gswredland] 10/1/2023 19:30

Agreed disc!
Let's see what tomorrow brings