Autologic Share Discussion Threads

[cambium] 27/3/2012 10:49

Basic earnings per share increased to 2.8p (2010: 1.1p).
-- Net debt (cash, less borrowings and finance leases) at 31 December 2011 of GBP5.1 million (2010: GBP1.9 million) following net capital investment of GBP4.9 million in the year.
-- Net assets at 31 December 2011 of GBP30.4 million (2010: GBP31.4 million).

[cambium] 27/3/2012 10:48

historic pe of 4.7

[cambium] 27/3/2012 10:47

-- Operating profit from continuing operations, before exceptional items, maintained at GBP2.3 million (2010: GBP2.3 million).

-- Cash generated from continuing operations, before exceptional items, of GBP2.7 million (2010: GBP3.0 million).

-- Profit before tax from continuing operations, before exceptional items, of GBP2.1 million (2010: GBP2.2 million).
-- Business performance* earnings per share maintained at 2.7p (2010: 2.7p).
-- Profit for the year including exceptional items and discontinued operations increased to GBP1.8 million (2010: GBP0.7 million).
-- Basic earnings per share increased to 2.8p (2010: 1.1p).
-- Net debt (cash, less borrowings and finance leases) at 31 December 2011 of GBP5.1 million (2010: GBP1.9 million) following net capital investment of GBP4.9 million in the year.
-- Net assets at 31 December 2011 of GBP30.4 million (2010: GBP31.4 million).
* continuing earnings before exceptional items

Chief Executive Officer, Avril Palmer-Baunack, commented:

"Autologic has produced a solid result in 2011 in difficult market conditions. Financially, we have grown revenues and maintained operating profits whilst operationally we have successfully integrated the Autocarriers business, following the trade and asset purchase in 2010, and retained all key customer accounts in a year that saw a significant proportion of our UK revenue base up for renewal.

Undoubtedly there are opportunities to develop the existing business lines within Autologic over the course of 2012, both by incremental, organic growth and by acquisition. We are also well positioned to implement the Board's strategy to move into related sectors and for Autologic to establish a greater presence across the vehicle life-cycle. I am optimistic that we will develop the business further in 2012 and I look forward to taking advantage of these opportunities as they arise."

[diku] 27/3/2012 10:35

Good results under the circumstances....just not on others radar screens yet...

[cambium] 23/3/2012 07:47

Results a week today

[diku] 19/2/2012 20:35

Yes I have also noticed that loan rates are becoming more favourable now on smaller amounts (£5000 - £10,000) and are readily available for those with a good credit history/affordability....

[cambium] 19/2/2012 15:02

Here's SUS's statement from Friday...


Motor Finance

For yet another year Advantage Finance has overcome the lull traditionally associated with the winter months in the used car market. Indeed the last two months of trading have been extremely buoyant and show substantial increases on last year. As Advantage continues to develop its underwriting expertise, its loan products appeal to an ever wider range of customers. It has ambitious targets for growth in 2012/13 which together with a very strong collections performance should produce yet another record year for the company. Again the Board pays tribute to the dedicated and expert team at Advantage and to those who lead them.

[cambium] 19/2/2012 14:58

I think GP are divesting, with a view to selling up

[diku] 19/2/2012 13:07

GP has been disposing their stakes in other companies as well....maybe they are in need of cash!...but good to see Invesco in....

[cambium] 19/2/2012 12:25

No director holdings worries me, I'll wait for news for now

[cambium] 19/2/2012 12:20

Guinness peat sold there entire holding 26% last month, to invesco!

[cambium] 19/2/2012 12:15

Consensus eps is for 2.34p in 2011 and 2.40p in 2012. Putting it on a perspective PE of 5.8.

It will be interesting to see how the integration of MCD has gone over the last 18 months.

Trading below NTV of 15.3p

[cambium] 18/2/2012 12:30

I've only ever come across it when I put a thread up, all those years ago. I can't even remember why either. I have never held and will do some simple research when I have time. Cheers

I'm holding PDG at the moment as the worm seems to have turned there IMO.

[diku] 18/2/2012 12:19

Cambium...thanks for posting....I just read it bottom of the screen off the BBC news channel on the 16th but could not find any postings...so why is this still lagging behind?....maybe not on the radar screens!....

[cambium] 16/2/2012 09:54

Where's the numbers diku

[diku] 16/2/2012 09:43

Car maufacturing hit 16 month high...why is this lagging behind?...got to be takeover here...

[diku] 06/2/2012 14:42

Still think this will probably get taken over by Stobart Group....

[goff1969] 06/2/2012 07:15

After one day Toyota have come back cap in hand and given ALG the buisness back. Could see a steady rise back to mid 20s

[boonkoh] 01/2/2012 23:39

Quote: boonkoh - 26 Oct'11 - 20:16 - 330 of 345

"Can't see growth in transportation or cars. Wlll be good value circa below 15p, but until then I'm going to wait."


Time for me to load up now!! I do see the value, and just about time when all the restructuring over the past year is going to take effect and boost the EPS.

[basso2] 26/1/2012 23:49

moving cars very different proposition to moving fmcg

expensive management structure, and how many shares does the ceo have?

[diku] 26/1/2012 22:34

Anybody think this could be a good takeover target for Stobart Group?...

[cockneyrebel] 26/1/2012 22:34

Where's Freddy?

Wasn't he here in August espousing the virtues of these and their cheapness at 25p.

Freddy you really are a fickle chap!

CR

[diku] 26/1/2012 22:18

Just thought below as very comical from the RNS news!....


. Threshold(s) that is/are crossed 5%, 10%, 11%, 12%, 13%,
14%,15%, 16%,
or 17%, 18%, 19%, 20%, 21%,
22%, 23%,
reached: 24% 25%, 26%

[typo56] 26/1/2012 14:54

So Invesco were the buyer. How dull! Still, presumably they must have some confidence paying 13p per share for over 26% of the company.