Communisis Share Discussion Threads

[bamboo2] 17/6/2016 21:34

Seems like yonks ago I did this chart of the H&S. The target is at approx 32. Could overshoot on high momentum, but historical support just below. Not currently holding.

[masurenguy] 17/6/2016 19:32

Looks like someone is downsizing or unloading their position here. A sale of 650K shares @36.5p on Wednesday was followed by 750K shares @34.75p today. These two transactions accounted for virtually 60% of the total share volume this week which has clearly depressed the price. We will need to see if the seller has cleared or whether there is more to come next week before we can come to any definitive conclusions on whether any overhang has cleared.

[gleach23] 17/6/2016 16:58

Some large volumes going through in the auction well outside the closing spread on a few of my shares today (PHTM, LVD) and same here.

Any thoughts on what the 751k @ 34.75 is? Clearance of an overhang possibly?

[hvs1] 16/6/2016 15:03

as good old status quo used to sing:-

"dahn dahn deeper and dahn"

lol

laters x

[twistednik] 14/6/2016 11:00

Hmm, does this provide comfort on there not being another profit warning? One would assume burvill would have done thorough due diligence and had a series of meetings with management to seek comfort on the issues before investing material amounts.

He would look like a mug if the August atatement then led to a downgrade and another share price dip.

Could this be an opportunity to buy in? Thinking of dipping my toe ...

[speedsgh] 13/6/2016 15:55

Burvill seizes on Communisis slump -

Citywire AA-rated UK equity veteran Chris Burvill has upped his stake in marketing group Communisis (CMS) following a dire 12 months in which a profit warning knocked 24% off its share price.

Burvill increased his holding to just under 10% of the business worth £7.9 million at a share price of 38p, down from a 2015 peak above 56p.

The shares are held by the £2.1 billion Henderson Cautious Managed fund, the largest external investor in the business. Burvill runs the equity component of the mixed stocks and bonds fund.

Shares in Communisis tumbled in November last year after it said problems with a recent acquisition would drag down profits for the year. Despite a relatively resilient set of numbers in March helping to recoup much of those losses, sentiment has more recently deteriorated again.

Analysts remain relatively upbeat on the business however with both Liberum and FinnCap rating it a ‘buy’, on price targets of 74p and 65p respectively.

[junior21] 11/6/2016 14:32

Doesn't seem to be much Communisis news about at present and I know you have to take these things with a pinch of salt but the most recent review is encouraging....

hxxps://www.glassdoor.co.uk/Reviews/Communisis-Reviews-E12632.htm

"Too many great projects to work on"

[sharw] 09/6/2016 11:41

There was an end of period statement on July 7th last year. This year - who knows?

[dahhad] 09/6/2016 11:21

Unfortunately the next update is about 2 months away with the Interims due on 4th August. Management might say something earlier but unlikely given failure to communicate at AGM. IMO further slippage likely until interims.

[salpara111] 09/6/2016 09:26

The next update will be absolutely critical.
If it is positive then a bounce from this support level.
Negative and a drop back to the high 20s.

[smartmoney100] 08/6/2016 23:36

I'm keeping the faith. Very unhappy about the lack of an update I have to say though.

[edmundshaw] 08/6/2016 22:32

39p does seem very cheap; factoring in some kind of disastrous turndown. I am surprised the company has not mentioned they are in earnings meltdown, but there you are "the market doesn't lie". Not.

[cutlosses] 07/6/2016 17:19

So are you still hopeful about this share?

[masurenguy] 07/6/2016 15:10

Hardly - down 1.25% to 39.25p on an insignificant trading volume. The average trade today is 3200 shares - circa £1250 in value - and the total volume (@ 15.00) is just 80,000, based on 25 transactions

[hopeful holder] 07/6/2016 14:05

Taking another beating today.

[shroder] 03/6/2016 11:49

Cheers ed, will take a further look, also researching SIV with a similar long term view.

[123will] 03/6/2016 10:11

Looks like the share price is leveling off now..

[edmundshaw] 02/6/2016 08:18

Shroder, you might want to look in more detail. As a general comment your remarks are reasonable, but CMS has some serious long term contracts and trust-related barriers to entry with FTSE 100 players who don't want to take the slightly amateur approach of "doing it themselves". In my opinion.

[closetinvestor] 01/6/2016 15:42

Was looking to get in here. But despite the fundamentals suggesting a buy, the TA strongly suggests avoiding, as speedsgh states. Shame the BoD didn't provide guidance on current trading at the AGM - especially after SIV's recent outlook in the same sector. I'll go with the TA and wait for the time being.

[shroder] 01/6/2016 15:39

CMS must be feeling the pinch from digital players.

There current foray into digital is relatively recent and within this, huge structural trend changes.

The surge in programmatic advertising has brought down campaign times with many companies now running their own.

I haven'looked in detail at the split in CMS operations, the above is more of a general comment at existing print based businesses.

[speedsgh] 01/6/2016 13:54

From a purely technical perspective the chart looks awful. It has continued to fail to break out of the downtrend which commenced in Q1 2014 which is now over 2yrs old. Difficult to see at what point it will reverse. I am struggling to see where next support may lie on the chart?

[dahhad] 01/6/2016 13:26

Having averaged down twice already, I am very tempted to do so again but scared to "bet against the market". The time to buy might be after the interims if they confirm the March outlook IMO. Don't understand why no comment made at the AGM.