Conduit Share Discussion Threads

[madengland_] 04/11/2015 19:04

Ps glad to see you've made a good return staying in here

[madengland_] 04/11/2015 19:04

Hi Riv, been Away from this one a long time for me. What are you expecting from results? Has there been much sector info from peers? With media inflation running double digits and projected to increase next year, plus service sector as our driver, are you expecting the results to beat expectations? Cheers

[rivaldo] 30/10/2015 08:08

Another pre-open buy today at 154p - 2p above the quoted 152p offer price. Very keen.

[rivaldo] 29/10/2015 07:51

Good to see pre-open buying today at 150p....

[rivaldo] 28/10/2015 11:14

Further to the above, talk of additional business wins in the health sector in this article about the combining of two of CRE's agencies:



"The new company will remain at the Health Unlimited offices in Richmond, where both of the 'old' companies were based. Marchant confirmed to PMLiVE that the headcount will remain unchanged, with a combined staff of 41.

“We've had some important new business wins and together with forthcoming pitches we will need all our existing talent to deliver for our clients,” he added. "

[rivaldo] 27/10/2015 13:58

Wow - just found this nice £5m win :o))



"Vodafone hands £5m CRM account to TMW Unlimited
September 28, 2015
by Gurjit Degun

Vodafone has appointed TMW Unlimited to handle its £5 million CRM account and help with the mobile phone network's move into the pay-TV market.

TMW fought off competition from the incumbent AIS London, Wunderman, Havas Helia and WDMP. The pitch process was handled by AAR.

Vodafone kicked off the process in July. AIS had handled the business since September 2012 when it picked up the account without a pitch. The shop was asked to create a Christmas campaign.

In February, Vodafone shifted its £53 million UK creative business into Grey London after a pitch that included the incumbent, Rainey Kelly Campbell Roalfe/Y&R"

[rivaldo] 21/10/2015 14:04

Looks like a little profit-taking going on. CRE are now barely above a single-digit P/E now.

Consensus forecasts are now 13.93p EPS this year and 14.78p EPS next year.

Forecast dividends are 4.64p and 4.86p respectively.

2016 2017
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
N+1 Singer 20-10-15 BUY 12.22 13.90 4.70 13.08 14.80 5.00
Peel Hunt 16-10-15 ADD 12.04 13.98 4.66 12.77 14.73 4.91
Edison 15-10-15 None 12.30 13.90 4.60 12.91 14.80 4.80
Sanlam Securities 06-10-15 HOLD 12.10 13.60 4.50 12.70 14.20 4.70

[rivaldo] 13/10/2015 16:43

Yep, 2,500 bought at 162p caused a sudden upsurge :o)) Wonder how it will open tomorrow.

[hawaly] 13/10/2015 16:37

Nice end to the day.

[grahamburn] 08/10/2015 13:56

Indeed, rivaldo. It should be remembered that standard/routine trading or quarterly updates are no longer required under the rules (save where there is "material" information to impart), so I don't think too much should be read it a "no comment" situation.

[rivaldo] 08/10/2015 13:45

If there were any factors which would cause a material upgrade or downgrade to forecasts, then this would be the ideal time to make them public. This is just a Notice of Results RNS - but being published after the H1 period end, it could easily be combined with a trading/operations update if necessary, and this is sometimes what happens.

As it is, the straightforward nature of today's RNS is hopefully a good sign.

[grahamburn] 08/10/2015 12:04

Why would any problems be mentioned in a Notice of Results announcement? It isn't a "trading update and notice of results" RNS etc.; it's just a simple factual statement.

[rivaldo] 08/10/2015 10:33

RNS - interims will be out 24th November. No mention of any problems, so hopefully this means H1 will continue the very positive outlook in the finals:

[rivaldo] 06/10/2015 10:59

Liberum have a 190p valuation here and say Buy today:

[rivaldo] 05/10/2015 07:37

Excellent new contract win....

"Logitech hires Creston agencies Fever Unlimited and Things Unlimited to six-figure UK brief
October 02, 2015



Global PC and tablet accessories provider Logitech has appointed Creston agencies Fever Unlimited and Things Unlimited to a UK PR and social brief believed to be worth six figures, PRWeek has learned.

The agencies replace Brands2Life, which continues to handle Logitech’s B2B comms. It follows a competitive pitch for the retained brief that included the incumbent agency.

Logitech was founded in Switzerland in 1981 and operates in 100 countries. It is listed on the Six Swiss Exchange and the Nasdaq Global Select Market and has a market cap of $2.27bn (£1.5bn).

Logitech also owns speaker brand Ultimate Ears.

The company confirmed the appointment of Fever Unlimited and Things Unlimited but declined to comment, as did the agencies.

Brands2Life co-founder Sarah Scales told PRWeek: "We worked with Logitech for more than ten years and we participated in the tender process in July. We are very proud of our work and we wish Logitech all the best with their new partner. We still look after Logitech B2B."

[rivaldo] 29/9/2015 12:07

..and more new highs - buying in 5k lots up to 161p this morning (and possibly more delayed buy trades to be reported?).

[rivaldo] 21/9/2015 09:43

New highs now.

[rivaldo] 09/9/2015 09:44

Buying coming in at 157p this morning.

[rivaldo] 07/9/2015 15:45

The AGM has come and gone. Good to see the share price inching up again.

I e-mailed CRE again - it seems that the next trading news will be the interims in November "As there is no new information to update the market on since our last trading update on 9 June".

This is good news. There can have been no material change in trading since that positive results outlook in June, otherwise CRE would have had to say something. So nothing has changed, and hopefully we can therefore expect good interim numbers.

[rivaldo] 03/9/2015 09:35

AGM statement is this coming Monday, and should hopefully be good.

Current consensus is 13.93p EPS and a 4.55p dividend.

[luckymouse] 26/8/2015 14:24

nice bounce off spt

[nehpets81] 21/8/2015 15:18

I do think it is a bit of a shame the we no longer get the reassuring RNS from certain companies - I understand the argument against them but I get nervous sometimes between new!

Not a good day today - general jitters over Greece/economic outlooks or something more sector specific?

[rivaldo] 18/8/2015 08:18

CRE have confirmed to me that, in accordance with the new rules, they're no longer issuing IMS's.

The AGM is soon, on 7th September, so hopefully we'll get an update on the positivity in the prelims outlook statement.

[gargleblaster] 10/8/2015 21:07

riv - have fortunately had a few more winners than losers recently - although I took a "shoeing" on SHOE, and also took a hit on RGS - although got out before the more recent leg down - I see you are still in. It may come right but imv there are a lot of attractive stocks around so where there is doubt - usually best to get out.

Otherwise, think I am benefiting by being in smaller/aim companies. FTSE 100 is up 2.59% year to date, but the Aim 100 is up 11.22% - so probably more about being in the right area than any great skill om my part!

All best
gb