||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Centralnic Share Discussion Threads
Showing 826 to 848 of 850 messages
|Still watching the flat lining, without a position, and letting the chart be my guide. I will review if the share price breaks 50p again.|
|Where's the profit?
There is zero visibility, and therefore, despite liking the story, CNIC is uninvestable for me.
|Chinese Government approves .XYZ - HTTP://www.investegate.co.uk/centralnic-group-plc--cnic-/rns/chinese-government-approves--xyz/201612070700061669R/
Zeus Capital (house broker) comment on the news - HTTP://www.directorstalkinterviews.com/centralnic-group-plc-chinese-government-approves-xyz-zeus-comment/412718068
.XYZ domain one of first to receive accreditation for local hosting in China
CentralNic today announces that the .XYZ TLD, for which they act as exclusive distributor, has received official accreditation from the Ministry of Industry and Information Technology (MIIT) in China. What this means is that businesses and individuals in China can now use .XYZ domain names to host their websites locally. CentralNic worked closely with .XYZ to put in place a customised technology platform that has been approved by both ICANN (the global internet regulator) and MIIT, succeeding in securing .XYZ a ranking among the first batch of non-Chinese new gTLDs approved for Chinese citizens. MIIT accredited .XYZ web addresses will be available via Chinese domain registrars from 16th December 2016. The MIIT accreditation was a planned development for the group and is positive news in the context of one of the strategic objectives to increase recurring earnings. We are leaving our forecasts unchanged however we note that the approval opens up significant new opportunities for CentralNic to drive further domain growth within the large Chinese market. The Group continues to evolve at a pace and updated forecasts beyond FY17 will form part of the year-end updates expected in the Spring.
> .XYZ remains the leading new gTLD with c.25% market share. .XYZ continues to rank number one in terms of domain sales with c.6.7m. Whilst the benefit has not translated into material earnings yet, due to heavy discounts, there are now significant volumes of domain names that will be up for renewal within the next 12 months. Although the scale of renewals is unknown (we conservatively assume c.10% renewal rates), of the 6.7m .XYZ domains, for every 1% that renew, CentralNic receives over £0.1m in EBITDA based on current renewal prices. CentralNic also remains firmly established as the number one Wholesaler of new TLDs globally with c.32% market share or 8.8m domain names.
> Valuation. CentralNic is trading on an EV/EBITDA of 6.3x to Dec 16 falling to just 3.9x to Dec 17, and P/E of 13.3x to Dec 16 falling to 9.8x. This compares very favorably with the peer group, which includes Verisign and GoDaddy, which is trading on an average FY1 EV/EBITDA of 13.2x and P/E of 28.5x. Given the growth prospects of the business, coupled with the strong operating cash flow characteristics, the impressive track record being built by management via successful acquisitions and the diversification of the business we feel the shares offer investors a value opportunity given the industry backdrop. CentralNic’s listed peers are typically capitalised in the billions of dollars.|
|Doesn't sound like Crawford is convinced!
|I retain my fascination with CNIC, with a view to jumping back in again if things start to perk up; but what an opportunity cost there has been hanging around here otherwise. The market just does not seem convinced and perhaps that is all that matters currently.|
|Not exactly dynamic is he?
|CentralNic: Focus on growing the recurring revenues - HTTP://tiptv.co.uk/2016/11/1819/
Interview with CEO Ben Crawford in which he explains the company’s business models and finances and states that the focus is on growing the recurring revenues and the highly visible revenues.
China is the biggest market for CentraNic along with other EM nations like India, Turkey, says Crawford.
Not sure I warm to Mr Crawford as a person but so long as he succeeds in driving up the share price over time, I don't suppose I should complain.|
|I don't think it was going down on results day until we had a few sellers. Lots of mileage in this one imv.|
|Wasn't expecting this to pick up so soon|
|Very interesting speedsgh, thanks for posting :-)|
|The chief executive of domain name specialist CentralNic Group PLC (LON:CNIC), Ben Crawford, tells Proactive that the .xyz domain has been a revelation and helped the company to drive up revenues and profits in the first half of 2016.
.xyz domain helping to drive growth at CentralNic - HTTPS://youtu.be/6S2LEneR2Kg|
|So will the final results this year been released 69 days after year end?|
|...then releasing H1 2016 (interims) 69 days after period end.
I spoke to the CEO in May. He indicated the timing of placing and INSTRA acquisition pushed the results back...which they addressed by getting the interims out in 9 weeks.
|Climbing back to pre results prices...|
|Thanks saucepan, at no point did I think you were talking the share down. Yes Ben buying a few shares would boost confidence, I believe he as asked about this before but for the life of me I can't remember what his response was....its at times like these you need someone to stop you burying you head in the sand so opinions good or otherwise are always useful.|
|Thanks for the compliment, battlebus2, and I of course respect you equally.
I agree, Kestrel accumulating looks a positive sign. I was not aware of that when I made my latest comment. One has to assume they are very well informed. I note that Private Punter also wrote a very good piece with some useful insights.
Like Andrew Day at KWS, Ben Crawford also comes across very well in interviews and it was one of the reasons I was enthusiastic about CNIC earlier. However, I do wonder whether it is significant that Ben Crawford does not hold a disclosable position. Andrew Day, for example, currently holds 7% of KWS.
Part of my current problem, as I am in considerable part a technical investor, is the chart. Related to this, there were a fair few shares issued at the heavily discounted placing. Presumably those who picked up those shares thought they were onto a good thing and some would be looking to make a quick profit. They never got that opportunity. It makes me think there will be overhead supply coming into the market when the price starts to recover. At the very least, won't those buyers be wanting to get out even? That concern might be a red herring - just my own thinking.
40p is an obvious round number to try to build support. I think the odds must be good of that happening now. I am not averse to getting back in here and have no wish to talk the share price down. Sorry if my observations have come across that way. My intention was simply to try to flag what has currently stopped me reinvesting and also with a view to probing what others think. If price gets back above 50p that might be a good time to get on board again as it would possibly signal that an uptrend has resumed.
Good luck. There is something about the CNIC story that is compelling, which is why I became interested in the first place.|
|I'm not saying you're all wrong for selling, each to their own level of risk and governance and saucepan in particular has a respected track record who I admire but why do the likes of Kestrel add to their holding??|
|Absolutely Saucepan. That was one of the reasons I sold out. Lots of smoke and mirrors.
|Kestrel adding again, now over 13%...|
|It is worth taking a look at the clarity, plain English, and detail set out in today's results for Keywords Studios (KWS) - including for its various business strands - and then comparing them with the opacity and woolliness of what CNIC produced. Chalk and cheese come to mind.|
|Thanks for the link and the write up.
The key part for me is that they can generate the cash and the profit by selling the Premium Domain Names at any time they want to (to an extent). This is why they appear so confident that they will meet H2 and 2017 targets.
Effectively there is a war chest of value in these Premium domains.
What I am unsure of is what values are being achieved for such names in the current market. Does anyone have knowledge of recent examples of domain names sold and prices achieved?|
|Seems wise CM , open the drawer in 2/3 years.|
|I've held too bb,,,,,,,,just tucking them away :-)|