||EPS - Basic
||Market Cap (m)
|Electronic & Electrical Equipment
Real-Time news about Amstrad (London Stock Exchange): 0 recent articles
|1ch: If one compares PACE we have a capitalisation of £281.5m, but one has to ask if the turnover goes up one would think cause of ecomonies of scales the ratio of increase in sales £385.5m from £178.1m ( 117% up ) a really good performance, is knocked out by a similar ratio in the ratio of increase in the cost of sales from
£324.9m from £146m ( up 122% ) so have margins suffered.
Alba has a capitalisation of £92.3m with turnover of continued ops of £453.6m
AMT has a capitalisation of £98m with a turnover for this year of poss. £81m
But of all the companies above AMT has margins - control of costs.
One has to wonder if on any good news whether Amstrad share price could reverse back up. PIC share price has done quite well in holding up, and Alba has recovered a bit from the recent continued fall.
Is Amstrad competing directly against PACE for turnover, and why has PACE nearly 4 times the sales of Amstrad. Is Amstrad keeping up with technology to supply Sky. And are these boxes now being produced? News is a bit lacking is it not? A trading update is required possibly.|
|1ch: SE - Alan Sugar is hardly posting as darrin1471 - misread a bit of his posting - apologies - amended - although he is quite factual in his postings.
Question - Is 118p the bottom and could this now follow Alba (ABA) of late in which the share price has now bottomed out and recovered from memory 150p to 180p. All AMT now needs is some reasonably favoured news!.|
|pierre oreilly: Darrin, interesting in your analysis you didn't mention debt vs cash - something everyone should seriously consider in companies such as this. On a downturn, a company with very high cash reserves can ride out the storm, a company in massive debt (like PIC) exists purely at the mercy of their bankers.
As to ignoring the past - well to a certain extent that's true, but nevertyheless, AMTs past has produced a cash pile, and PICs past has produced a debt mountain.
If there are any sort of problems at amt (and ther may or may not be, certainly you can't tell just by looking at the share price), then the old growler will soon take to the helm again, whoever happens to be the MD.|
|guru11: Some good posts by brondo69 -
If someone wants to win the Apprentice then mentioning the share price fall or his son's competance in running Amstrad, may not be too diplomatic. However Alan Sugar could point out that Alba to has also fallen.
17 to 1 in favour of the falls on Friday is a bit worrying.
The question is how long can it keep falling, as said above it could fall further but one who shorts AMT now could be making an unwise decision, as sooner or later it will bounce. The other question is what is in the pipeline - in this high tech business - to justify a share price rise. It did make £10m profit half way and it has £28m in cash, but where is it going? One to watch certainly.|
|brando69: look at the daily share price pattern. each day it slumps to all-day low at end of play. moves down on v small selling volume. faith has been lost in AMT big time and there is no sign of real news to shift sentiment. if amt are planning to reinvent themselves and place more emphasis on the property angle, they will be getting the timing rather wrong, i would think, and that is not likely to help matters.
could be a very good buy for the longer term, but why buy in now, when it looks likely to fall another 4-5% at least|
|guru11: Some good posts from JTC and Darrin here, I have been looking at AMT as well.
Its main potential is coming up with devices that the public and tv require ahead of the competition, the share price represents good value. Technology is obviously staying ahead of the competitors. We are all asking the question has the share price gone too low now?
On the Apprentice last night I certainly would not have employed the girl on £90k who left, as she had hardly done any research on Alan Sugar nor Amstrad. They asked what do you know about Alan Sugar and Amstrad, she replied very little.
The problem is a hindsight into interview techniques though.|
|thetworonnies: IMHO the AMT share price would be standing a lot higher if Sir Alan actually gave a toss, gave up his massive ego, got off the telly and professionally ran the PLC business in a focused way. End of rant!|
|darrin1471: I do not hold shares or short AMT. I do hold PIC. I expect AMT to double within 12-24 months but it may fall further before recovery.
JTCod: You know better than most that investor value is not the only way to value a share. Twelve months ago Pace's market cap was £115m. An 80% rise in share price negates any concerns I have about asset depletion.
12 months ago AMT net market cap was close to what it is now yet this did not result in a positive revaluation. AMT's share price has been closely linked to its contracts with Sky and Sky Italia and this is likely to continue in the immediate future.
PIC's valuation and rising share price is based upon the new contracts it is winning with Pay-TV especially in the US. PIC has prioritised gross margins over the next few years and if they succeed then they will have a lower forward p/e than AMT.
AMT has very high gross margins on Sky stbs but has not got a history of producing cutting edge products like MPEG4 stbs. Can AMT continue to win business from Sky and achieve the same high gross margins?|
|gerd212: "Prime examples of the recovery stocks thrown up by our research in the past 12 months include Coffee Republic, which has benefited from a change in sentiment brought about by a change of management. Others include Renew Holdings, where a change of management and strategic focus has also brought about a strong recovery in trading and its share price, and Tanfield Group, where a company-transforming acquisition has also transformed its share price.
So we have trawled the lower reaches of the Aim and main market again, to find six stocks with recovery potential for 2007 and beyond. These stocks have different characteristics, which means each will have its own recovery timeline.
Alan Sugar's electronics business is, like the man himself, a market survivor. It has been through its fair share of peaks and troughs over the years, riding the notoriously cyclical nature of the consumer electronics sector. Amstrad's [email protected], a home telephone with internet capability, has come in for some sustained stick over the past few years. But stocks have now been cleared and, although sales were well short of the initial 1m target, the [email protected] is still generating £7.9m in annual revenue.
On top of this, the company's set-top-box business has suffered a lull this year as the market matures and consumers wait to shift over to high-definition boxes, which should be available later in 2007.
In the meantime, though, Mr Sugar has shown his willingness to keep investors on-side by paying out a £30m special dividend, announced in October but even after this, the company has a healthy cash pile somewhere in the region of £20m. Earnings per share are still rising and, with Mr Sugar retaining a 28 per cent stake in the business, the dividend is always likely to be healthy. So while the share price has been punished by the slowdown in sales of set-top boxes, slipping from 200p to 150p, history suggests Mr Sugar will drag Amstrad back once again. "|
|bitterlemontart: Every time the AMT share price goes towards the 130p level the yield hits 5%....which can not be ignored !|
Amstrad share price data is direct from the London Stock Exchange