We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Xpertise Grp | LSE:XPG | London | Ordinary Share | GB00B0Z6YX31 | ORD 8P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 160.00 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 160.00 | GBX |
Xpertise (XPG) Share Charts1 Year Xpertise Chart |
|
1 Month Xpertise Chart |
Intraday Xpertise Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 01/9/2008 | 15:02 | Xpertise Group charts and news 2007 | 70 |
| 11/11/2006 | 20:31 | XPERTISE GRP The fastest growing IT Training Co. in 2002 | 399 |
| 06/5/2006 | 19:45 | Xpertise Group plc | 10 |
| 11/3/2004 | 22:33 | XPG A recovery in play! | 43 |
| 23/10/2003 | 12:05 | Xpertise supply in London and South East - earner ?? | 21 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 26/8/2008 17:33 by qwazi Musings...Lynx used to hold 25% of XPG. I think the shares were distributed to the directors of Lynx as part of a reorganisation. (Richard Last, who is a director of Lynx, is the chairman of XPG). XPG had been trying to do a deal for ages and had finally agreed to buy Parity, which would have made them the second biggest IT trainer in the country. Then, QA-IQ come along and spoil the party at the eleventh hour. XPG can't be happy about this. But with over 40% of irrevocable acceptances, the directors have little choice but to recommend the offer..... unless.... Another offer comes along. From Lynx, or some newco connected to Lynx. Assuming they would have to acquire 75%, and it would need to be at least 165p for the other irrevocables to fall away = £7m + the acquisition of Parity @ £4.7m = £11.7 million. The company has already secured financing of £2.25 million from Barclays toward the acquisition of Parity, which leaves £9.45 million to find. I bet that Parity would be prepared to accept a vendor loan note for part of the consideration, say £2 million. Plus, XPG is sitting on £3 million cash. I would assume that only some of that could be used for acquisition of its own shares, say £1 million. That leaves £6.45 million to be found from other sources. How easy is it to find £6.45 million in the current market? Not easy, for sure. But you would be buying into a company with c.£2 million of pro-forma operating profit, the 2nd biggest company in the market, and an obvious trade buyer when you want to exit. It's a long shot, but worth keeping an eye on. As an aside, I note the offer values XPG at £8.7 million but Englefield Capital have agreed to provide QA-IQ Bidco with facilities of up to £10.62 million. I can't remember whether the cash confirmation has to include an estimate of costs, but even if it does, I can't believe that the costs for an £8.7 million transaction are nearly £2 million!!! £10.62 million would be equal to £1.88/share, or, allowing for, say, £1 million of costs, would be £1.71/share. If anyone here is more up to date with the Code requirements in respect of cash confirmations, perhaps they could comment. It just looks a bit strange to me. |
Posted at 22/8/2008 07:14 by qwazi Excellent news! Cash offer at 95% premium!!-- The Board of QA-IQ Bidco announces a cash offer to be made by Lincoln International on behalf of QA-IQ Bidco to acquire the entire issued and to be issued ordinary share capital of Xpertise Group plc. -- The Offer is being made at a price of 150 pence in cash for each Xpertise Share and represents a premium of approximately 95 per cent. to the Closing Price of 77 pence per Xpertise Share on 21 August 2008, being the last Business Day prior to the date of this announcement; and a premium of approximately 74 per cent. to the average Closing Price of approximately 86 pence per Xpertise Share for the six month period prior to the date of this announcement. |
Posted at 12/5/2008 12:22 by qwazi Nice to have some company BR!Agree with your comments. I think what may be holding the price down is that training may be perceived to be one of the first costs to be cut in a cyclical downturn. However, I think that XPG are somewhat protected from these concerns for 2 reasons: (i) they have a good spread of clients are not over exposed to any one sector (unlike the financial training companies) and, more importantly, (ii) a decent proportion of revenue is secured under contract in their Managed Training services division, and so is not exposed to short term economic fluctuations. I really don't think that the market has realised that the visibility of its order book has improved substantially over the last two years. |
Posted at 10/5/2008 11:59 by blackrabbit You're not quite on your own qwazi !With current trading good - forward earnings estimates for the next two years of 12p amd 15p - almost 40p per share cash - a price target of 150p+ ....... surely this share has to be considerably higher on a 12 month view. BR. |
Posted at 09/5/2008 11:07 by qwazi Been running some numbers (although I think I'm talking to myself here).Daniel Stewart are currently forecasting t/o of £24m for FY08 and gross margins of 34.8%. The latest DS note said that their forecasts are conservative and the balance of risk is on the upside, and that the group is experiencing margin improvements in its main IT training services business. If one assumes that revenue comes in at £25m (4% above forecasts) and gross margin improves to 36% (against forecast of 34.8%), then the P/E at a price of 83p would be 4.1x. If margins recovered to 2006 levels of 37.8%, then the P/E would be a mere 3.2x!! DYOR. note: I hold shares in the company. |
Posted at 28/2/2008 08:28 by qwazi Daniel Stewart flash note out - BUY target price 157p |
Posted at 13/12/2007 07:51 by saucepan Still in. The stock has not made quite the progress I hoped for yet (I expect as a result of general market weakness), but a very reassuring trading statement has been issued today - link in header - making the situation rather less speculative. I expect the uptrend to continue now.ShareScope now has XPG with a Projected P/E of just 8.54 and a Rolling PEG-1 of 0.24. |
Posted at 28/9/2007 09:37 by saucepan No posts, since I was here three weeks ago. A quiet thread is often a good sign. XPG ticking up nicely to new four-year highs this morning. |
Posted at 06/9/2007 19:38 by saucepan Hi to thread regularsXPG came through my ShareScope filtering exercise last night, looking for stocks with a Rolling PEG-1 of less than 0.75 making 52-week highs. The Rolling PEG-1 of XPG is just 0.20 Here are some additional fundamentals: Profit (£m) 2004 -0.55 2005 -1.36 2006 1.08 Turnover (£m) 2004 26.55 2005 43.86 2006 64.63 2007 (F) 144.10 2008 (F) 169.50 2009 (F) 184.80 EPS (p) 2004 -0.54 2005 4.28 2006 6.44 2007 (F) 9.00 2008 (F) 12.10 2009 (F) 14.90 Other: Projected P/E: 12.22 Beta: 0.16 Broker Consensus: Buy Investors Chronicle View: Buy After some further research, including taking note of the forecast growth detailed above, I went long today at 125p. The longer-term chart also provides an interesting "bigger picture" |
Posted at 13/8/2007 10:56 by dusseldorf I take it from the price movement that people are expecting a decent set of results? anyone still in/views? |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
