Connect Share Discussion Threads

[my retirement fund] 13/10/2015 18:08

Hmm call me a sceptic but judging by the last minute actions results have leaked and there must be a gremlin in there given the closing bell action.

[cwa1] 13/10/2015 16:31

Just sneaked in for a few at 147p at the end there. It will either be "inspired choice" or "thank goodness it was only a few" tomorrow :-)

[beazer2] 13/10/2015 15:14

Results tomorrow. Looking for the Tufnell`s parcel business- revenues up over 20% on trading update - and synergies to begin to show the qualities of this business. Given the radical changes which were only just beginning in the first half the calculation of the second half results will be the best guide to 2015-16.

[edmundshaw] 21/9/2015 09:41

Too cheap, so adding back here at this price. At 150p the yield is 6%, so below is better. No reason I can see for the price to be down here.

[skinny] 09/9/2015 07:11

Connect Group PLC, a leading specialist distributor operating in four divisions: News & Media, Books, Education & Care and Parcel Freight, will be announcing its Preliminary results for the year ended 31 August 2015 on Wednesday 14 October 2015.

A meeting for analysts will be held at 9.30am at the offices of Buchanan, 107 Cheapside, London EC2V 6DN on Wednesday 14 October 2015, with an audio webcast of the results presentation available thereafter.

[beazer2] 04/9/2015 18:26

Full year results to 31st August due on 14th October.

[edmundshaw] 11/8/2015 08:06

St Ives trading statement today: one paragraph relevant to the books division here:

"Within our Books business, as reported in our half year results, we have experienced an improvement in sentiment within the physical book market with book volumes stable for the first time in a number of years. We expect revenue from our books business to be broadly in line with the prior year and for margin to be maintained."

Sounds useful.

[rcturner2] 06/8/2015 15:14

Sold mine at 165p today. Nice little run, happy with that profit.

[edmundshaw] 06/8/2015 14:48

Fair enough. Still a bit dazed listening to the test match... :-O

[rcturner2] 06/8/2015 12:20

Full year probably 9p total, so about 5.5% yield.

[edmundshaw] 06/8/2015 12:17

Still decent value, still a 5%+ dividend yield.

[skinny] 06/8/2015 11:52

7 month high @166.50p - albeit on low volume.

[rcturner2] 05/8/2015 09:07

Lord Lee (the first ISA millionaire) has a stake here. He likes simple businesses that pay a dividend and Connect fits the bill.

This stock will not change your life, but it will pay a decent return and has a place in a balanced portfolio.

[lord gnome] 05/8/2015 08:54

Nice timing 18BT. Looks like these are back in demand again.

[18bt] 03/8/2015 08:58

Decided to top up a bit after the recent trading announcement. Pretty tight recent trading range of 150p +/- 12p. Can't see what will break it, but it keeps producing fat dividends.

[lord gnome] 28/7/2015 15:09

Amazed at how beat-up this stock has been recently. Nothing new in the market to account for it. No bad news whatsoever. A great opportunity for some investors. Just a pity I loaded up at 150+.

[speedsgh] 07/7/2015 17:29

Robin @RobinGBoyle
Impressive 20% revenue growth at Connect's new parcels subsidiary Tuffnells. 2016 P/E of 7.5 and yield 6.6% says Liberum. Deep value.

[rcturner2] 07/7/2015 13:19

Thanks hew, so on those figures, the news is about 75%, the others about 25%. So not totally as per your ocean liner example (I appreciate what you meant though). How long before it will be 50:50, for example?

[skinny] 07/7/2015 13:19

Here is the April .

[hew] 07/7/2015 13:13

RCT, I don't have actual Int report to hand but from my notes, not guaranteed: Underlying Operating profits are in same sequence (£m) 20.5 N&M, 1.9 Books, 2.8 Ed&C, 1.5 Parcel Freight.

[rcturner2] 07/7/2015 11:52

Thanks hew, what are the corresponding totals for profit?

[hew] 07/7/2015 11:24

RCT, You said:

....perception of this company is based very much on the legacy business of newspaper delivery, which is obviously a business in long term decline. They have very smartly diversified, but the general market has not yet woken up to that fact.
___________________
I'm in here, substantially for the div, and positive, but re diversification we have to remember that financially, in terms, the Co. is still very much an ocean liner with one tug and two rowing boats alongside. From the Ints, approx revs were (£m): 734, 104, 31.5, 28.5. Key is the successful management of decline in News. The Pass My parcel growth and the "further services" are welcome. They are doing well so far, but the rate of newsprint sales decline could accelerate sharply.

[skinny] 07/7/2015 10:21

An upgrade to buy from N+1 Singer - TP unchanged @150p.

[rcturner2] 07/7/2015 09:38

I think the perception of this company is based very much on the legacy business of newspaper delivery, which is obviously a business in long term decline. They have very smartly diversified, but the general market has not yet woken up to that fact. They need to continue to over-replace the newspaper delivery business with the parcel delivery and as time goes on the balance of the business that is in the high growth area will change and others will take notice.

[edmundshaw] 07/7/2015 09:03

Yup, good statement, undervalued, and looks like the ever-desirable under-promise and over-deliver is on the cards.

Connect Parcel Freight looks to be a real winner here, ecellent growth prospects, and the management has a good track record with acquisitions and efficiency savings (operational efficiency). A new manager for the freight business, but good management usually smart at hiring good new managers, so not an issue for me.

Currently, large small caps (usually under £300m) seem to be struggling to be noticed by the institutional investors, which sort of explains the great value on offer here. But at £350m market cap I am hopeful that can change.