Communisis Share Discussion Threads

[masurenguy] 02/2/2017 11:22

Hmmm........following yesterdays activity, a 130,000 trade @47.25p went though 30 minutes ago. Something up!

[hopeful holder] 01/2/2017 17:29

Cheers both for comments.

[masurenguy] 01/2/2017 15:27

Two large trades, each of 1m shares, went through @45.75p at 12.02 and @45.82p at 12.42.

[sharw] 30/1/2017 15:23

The "sell" label is simply computer generated relating to which side of the mid point the transaction is. These are 'NT's - negotiated trades - one is a buy, the other a sell by common sense regardless of the computer's label. There is no way that the MMs are going to take 1.4m onto their books and then pay fractionally more for another 1.4m - the NMS is 5k! £980 is their reward for matching buyer and seller.

[hopeful holder] 30/1/2017 13:50

Advfn showed the three as sells, which is where I looked for the info. If you are correct, then that's still 2.8M sold. So the share price held up quite well considering. But the drift down again...

[sharw] 30/1/2017 10:37

I can only see two 1.4m trades and they look matched - sell at 44.50p buy at 44.57p. There is a nil trade at 44.55p between them which suggests a canceled (wrongly reported) trade.

[hopeful holder] 29/1/2017 19:17

Someone disagrees given the reported sell trades of 4.2 million on Friday split over 3 trades of 1.4M each

[edmundshaw] 23/1/2017 10:44

Results on 9 March should be pleasant reading, even if the price has not recovered a lot more by then that should provide another fillip to the share price.

At last, some steadily good newsflow from CMS is getting the message across: these are cheap as a value proposition, but this is a growth company!

[masurenguy] 23/1/2017 10:10

Up 20% over the past 10 days - needs to breach 50p and close about that level to confirm a breakout.

[mount teide] 21/1/2017 11:36

Looks like St Ives are paying the price for being slow to make the move from traditional to digital print technology!


PrintWeek 20 Jan 2017 - 'Mark McCleery, managing director of share price Group, part of St Ives' Marketing Activation arm, said: “SP Group has undertaken a strategic review in response to market changes, including the continued move from traditional to digital printing platforms.

“This has resulted in a consolidation and reduction of workforce requirements, which is necessary in order to help us continue to be the UK’s leading provider of cost-effective point-of-sale solutions. St Ives PLC is committed to share price Group and our clients’ changing business needs.

"The strategic review at the share price Group is part of wider cost-reduction measures within the Marketing Activation segment."

McCleery went on to say that as part of an investment to support the re-shaping of operations, it had approved the installation of new capital equipment in SP’s Redditch facility “to ensure the ongoing delivery of customer service excellence”. '

[brucie5] 20/1/2017 14:38

Impressive start to fight back. I fully expect this to become replay of the decline, which would suggest an extended stairway chart. Lots of opportunities to top up on the treads!

[speedsgh] 20/1/2017 10:57

Richard Griffiths has certainly taken a liking to CMS. Notification of increase in his interest from 39,117,412 to 41,591,933 shares, just under 20% of issued share capital. Just hope the buying pressure continues once RG takes his foot off the pedal.

Holding(s) in Company -

[joe say] 20/1/2017 10:01

zho - What that bond argument ignores is that the deficit value is reassessed on a regular basis - so if the pension fund(s) genuinely achieve a higher return then it will work its way through regardless and will therefore be of no consequence when valuing the company/share

[isis] 20/1/2017 09:20

That's good to hear Chesty!

[chesty1] 20/1/2017 08:26

I work for communisis, solid company and one things for sure they don't throw money around.

[daz] 19/1/2017 13:42

Thanks for posting GHF

[joe say] 19/1/2017 13:27

Apologies to all

Might have known it'd be some city anal yst !

[gary1966] 19/1/2017 13:05

He didn't, Liberum did.

Edit:Both beat me to it, must refresh posts before posting. :-)

[speedsgh] 19/1/2017 12:59

Joe Say - GHF didn't say it. Liberum did, who are the company's house broker, so they are bound to put a positive spin on it.

EDIT - Sorry GHF; you beat me to it :o)

[glasshalfull] 19/1/2017 12:59

Joe Say - I didn't say that...I've simply provided the Liberum comment as clearly stated.

Kind regards,
GHF

[joe say] 19/1/2017 12:55

GHF - why do you say "Interestingly, against a backdrop of rising bond yields, the accounting deficit related to the Defined Benefit pension scheme reduced from £57m at 17 October 2016 to approximately £55m at the end of December."

That's to be expected - and in fact I was expecting better than that reported

[glasshalfull] 19/1/2017 11:41

Currently on the other side of the world & wakening up to this positive update. Timing couldn't be any better for the statement, as it prevents any negativity (or any misconception) in relation to CMS over the unfortunate events unfolding over at peer SIV today.

Also another nice win announced, this time with Sony.

Liberum update below (with 71p price target) : -

"Liberum forecast FY16 revenues of £363m, EBITA of £20m (growth of 9%), Adjusted EPS of 6.0p (up 15%) and a full-year dividend payout of 2.42p (up 10% and covered 2.5x). Year-end net debt reduced by £9m to £30m and was £2m lower than our forecast of £32m.

Interestingly, against a backdrop of rising bond yields, the accounting deficit related to the Defined Benefit pension scheme reduced from £57m at 17 October 2016 to approximately £55m at the end of December.

Strong Q4 Contract momentum - Sony deal The Brand Deployment division has won a new contract with Sony Europe, for a range of customer communication services. The arrangement went live on 1st October 2016 for a term of 3 years. Activities will include management of the supply chain for marketing collateral and point-of-sale across Europe.

This deal follow's December's award of a contract for all outbound customer communication by Her Majesty's Revenue and Customs. The term of the contract is 5 years, consisting of an initial 3 years with the option of a further 2 year extension. The deal has a go-live date in mid-2017. HMRC currently issues in the region of 185 million letters each year. Based on typical unit printing and digital management fees we estimate it could be worth £40-£50m over the five years. This is the Group's largest Government contract win and potentially opens discussions for other public sector deals.

Our forecasts for FY16 and FY17 (Adj EPS 6.3p, 6%) remain unchanged. In terms of the deals with Sony and HMRC Communisis has a highly invested digital delivery capability in Halifax and Liverpool and existing brand deployment infrastructure and teams in Germany. Therefore we expect new contract revenues to ramp through 2017 but with only modest additional cost implications. This helps underpin FY17 forecasts and positions the company for potentially even stronger earnings growth in FY18.

Alongside profit growth, lower exceptional costs and reduced capex contribute to our forecast end FY17 net debt of £24m and dividend growth of 8%."

---

Hope this assists.

Kind regards
GHF

[gleach23] 19/1/2017 09:19

Encouraging analysis of the CMS chart done by fingers on his thread today (post 8118) -