||EPS - Basic
||Market Cap (m)
|Gcap Media Daily Update: Gcap Media is listed in the Media sector of the London Stock Exchange with ticker GCAP. The last closing price for Gcap Media was 224.25p.|
Gcap Media has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 164,849,007 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Gcap Media is £369,673,898.20.
|selftaught: FT 21 April:
"GCap Media was in demand yesterday as traders took the view that its lowly share price had left the UK's biggest independent radio group vulnerable to a bid.
GCap shares have lost more than 30 per cent of their value in the past year, and its market capitalisation has halved since the company was created from the merger of Capital Radio and GWR in October 2004.
According to analysts, GCap is the sort of turnround situation likely to appeal to a private equity group. They believe that its brands - the company owns Capital Radio in London and Classic FM - could appeal to Macquarie, the Australian investment bank keen to expand its fledgling radio business in the UK.
However, any deal would require the blessing of Daily Mail & General Trust, which controls 14.3 per cent of GCap, and it is not clear whether the media group would be prepared to sell at current levels.
GCap shares closed 8.6 per cent higher at 243p, the biggest riser in the FTSE 250. Daily Mail firmed 2.4 per cent to 672½p."
As we now know, up another 8% today. Surely something will develop soon.|
|simon gordon: Evil - I think you are being extreme in the price points you espouse. For it to go sub £1.00 we would need to sink into a depression.
Remember the key things hurting now:
1. COI reviewing spending - resolved in Autumn.
2. Merger of sales houses.
3. High St. - is it a slowdown, recession or depression.
GCap at £2.60 offer a 4.6% yield.
Are DMGT waiting to pounce?
The forward P/E to 2007 is 14.44.
2006 is a period of consolidation.
GCap is now mirred in doom and gloom with the share price at a ten year low.|
|simon gordon: If Rajar is poor and ad. spend does not pick up the share could go sub £2.00.
DMGT forward P/E
12/05 - 15.2
12/06 - 13.5
If Gcap had a forward P/E for 2007 of 13.5 the share price would be £2.44.
Peers in the global radio industry have a forward P/E in 2007 of 16.5.
That would equate to a share price for GCap of £3.00 if EPS hit 18.
Prior to the slowdown (February 2005) Charles Stanley had EPS of 25.7 for 2007.|
Gcap Media share price data is direct from the London Stock Exchange