Advanced Medical Solutions Share Discussion Threads

[lennonsalive] 30/6/2014 12:55

108p will do to get onboard

[fizzypop] 28/6/2014 20:36

The trading update should be interesting but at 111p and a PE of 20 this looks expensive to me. The acquisition of RESORBA invigorated this stock but that momentum has not been maintained. The eps of less than 6p per share is low despite the operating margin of 23%. The yield of 0.54 is mediocre and not an incentive to hold for an uptick. The US and Germany are the markets to penetrate but competition will prove fierce. The wide moat AMS possesses in the UK and Europe may not be so wide in the US/GER.
The share price has been trending down for 3 months and looks set to continue. Fair value may well be around the £1 level. Cheap would equate to 75-80p, the share price in Aug 2013. For the current price to be justified the eps increase (+6.4%)needs to double to match the double digit increase in Group Revenue (+13%) and Adjusted Profit Before Tax (+12%). On the plus side management are working hard to increase market coverage. All just my opinion, feel free to differ.
I would probable buy on news of an acquistion (net cash of £5.3M) or to trade the current 8% trough to peak if the share price settles around £1.
Figures from the 2013 Annual Report.
Perhaps the trading update will prove enlightening.

[eggbaconandbubble] 28/6/2014 11:00

You can call Owen Bradley 0160 6863500 on Monday if nought has been posted.

[jmf69] 28/6/2014 10:30

Yes if they are to meet their own deadline it will have to be Monday unless there is some other reason for a delay? I'll wait until Monday before jumping to any other conclusion.

[mirandaj] 28/6/2014 10:15

Can only be 30th

"In line with last year's practice, AMS will be providing an update on trading in late June."

[jmf69] 27/6/2014 18:12

The only way it will be a pre close update is on Monday... otherwise it'll be a post close update

[lozler] 27/6/2014 17:35

fizzy, I wouldn't worry so much. The trading statement will appear in due course. :-)

[fizzypop] 27/6/2014 16:44

Closed at 111p and still trending down. No response from AMS re email.

[jmf69] 27/6/2014 12:11

I was banking on it this week. Not sure what happened. Maybe next week?

[fizzypop] 27/6/2014 11:34

What happened to the pre-close trading statement scheduled for Tues 24 June?

I have now emailed AMS for an answer.

[fizzypop] 26/6/2014 15:13

At 111.50p now at the same level as the previous low on 23 May.
MMs obviously at the pub since price is flat lining.
I have no idea where the share price might go from here.

[apad] 26/6/2014 12:33

News of better performance in Germany will drive the price.
apad

[pedr01] 26/6/2014 12:25

Surely, with no debt to finance (pay off) anymore, EPS should experience a step unless another acquisition is made in order to use the cashflow that the company just throws off ...

My simplistic view, or am I just being naive ...

[lennonsalive] 26/6/2014 11:36

Currently a downward channel, I'm looking for a bounce at 105p

[fizzypop] 26/6/2014 11:28

Few trades with low momentum and continuing to dither around 112 at 11am.
No doubt this will take off with news of an acquisition (overdue) or a takeover (another Brit snapped up by US).
Pity about the low divi, which increased by 15.4%, but at least AMS paid off its debt. Hopefully cash flow will enable a larger increase next time.
I do feel the the PER of about 19 (112/5.93eps) is pricing in future performance at 112p so this could fall further but who knows.
Meanwhile we wait.

[fizzypop] 26/6/2014 08:22

Opening at 112p.

[eggbaconandbubble] 25/6/2014 16:13

Can't wait for tomorrow!

[eggbaconandbubble] 25/6/2014 16:13

Can't wait for tomorrow!

[fizzypop] 25/6/2014 15:55

Thanks Woodcutter. Currently about 112p, I think you're correct - tomorrow we will know direction.

[woodcutter] 25/6/2014 13:53

ebb
yep but if you look at most sector indecies they're now rolling over or in a range bound consolidation phase after last years uptrend. My second purchase was a little premature so need to be more careful and wait for solid confirmation of breakout in these markets.

Given the market movement it's now a question of finding good companies and trying to trade the peaks and troughs whilst also keeping a core holding just in case they take off. Very difficult imv.

There's a possible triangle forming and when they breakout they usually follow the trend direction but if it bounces off the potential support and follows the reversal signal i wouldn't be surprised at that either, so mixed signals really. Will consider a top up dependent upon tomorrows share price movement.

woody

[jmf69] 25/6/2014 08:52

Don't know what's in the trading update yet but if there is bad news coming then I don't get why the chairman would buy 50k shares at over 124p recently?

[dealit] 24/6/2014 17:18

Lets hope if there is to be a trading statement this week, that the MM`s know that bad news will be released i.e. the drop in s/p. The other side of the coin is lack of stock and orders to fill all IMHO.

[jmf69] 23/6/2014 09:31

We are due one before the end of the month... was a Tuesday last year... as good a day as any. If not then hoping it's this week.

[eggbaconandbubble] 23/6/2014 09:17

What makes you think that?

[jmf69] 23/6/2014 08:01

Trading update tomorrow maybe?