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Getech Grp Share Price - GTC

Share Name Share Symbol Market Type Share ISIN Share Description
Getech Group LSE:GTC London Ordinary Share GB00B0HZVP95 ORD 0.25P
  Price Change Price Change % Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.50 +2.75% 56.00 55.00 57.00 56.00 54.50 54.50 77,823 13:23:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) RN NRN
Oil Equipment Services & Distribution 7.0 1.0 5.2 10.7 18.42

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Date Time Title Posts
26/8/201512:28Getech-does anybody care?1,272
16/9/201013:26Dollars Arriving?-

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Getech Top Chat Posts

bookbroker: One thing for sure is that every contract such as that today goes straight to the bottom line, this year's figures already reflected in the share price so any deal signed and delivered within the next month simply a bonus!
bookbroker: Held these late 2012/13, sold mid 2013, looking promising again, appears that renewed interest in latest Globe project now starting to engage customers again, somewhat bombed out share price could easily create spike upwards back towards at least the 60p mark and beyond, appears that contracts will start to drive future earnings back up to the original highs ultimately, hoping that cash balances still relatively strong although no doubt impacted by the drop in revenues.
cockerhoop: Stewy_18, I'm not sure Globe/Globe2 are ever going to completely fix the lumpy sales problem but they do help with visibility of earnings to a degree. The company still look for additional work outside of the core globe programs so income will still be lumpy. Upgrades to Globe2 will allow non-Globe sales of smaller deliverables to less well heeled customers which should also help to even out the lumpiness going forward. I'm quite relaxed about a profit warning (if it occurs) as the share price will be driven down allowing me to add to my 'toe in the water' current stake assuming the investment case remains for next year and beyond.
cockerhoop: Shanklin, That's not quite right. Raymond wouldn't be drawn on whether current FY would be above, below or inline as you'd expect because it's market sensitive. He did allude to 'strong sales pipeline' and stress that they believed H1 was a blip in the growth path with customers now able to spend after constrained budgets in the 1st half. It still remains though that >6p EPS for the full year is a big ask imv. On the other hand if they hit market expectations i.e approx 6p Eps H2 13 with Globe2 just released and the company confident of renewals i'm not sure the share price will be in the 50's.
stewy_18: Shanklin, Here is what I have from the brokers notes. I can send you a copy if you wish. Y/E July 2011A 2012A 2013E 2014E Revenue (£m) 5.33 6.44 7.80 (7.25) 8.20 (7.75) PTP (£m) 0.67 1.25 2.05 (1.80) 2.25 (1.94) EPS (p) 1.97 3.18 5.23 (4.59) 5.75 (4.94) P/E (x) 33.0 20.4 12.4 11.3 DPS (p) 0.20 1.00 1.40 (unch) 1.50 (unch) EPS at 5.23 pence for this year. Where has this revision in EPS rumour come from? Reading back through my posts, I see only a revision upwards from 4.66 pence to 5.23. If they hit the forecast EPS, they will be on a forward P/E of 13.5 which drops significantly if you strip out the cash (£5 million). To my knowledge there is not any reason why the share price has dropped. I confirmed directly with WH Ireland and there has been no revision downwards of EPS figures for this year. Looking back at your posts, your predictions of 7 pence EPS may have been a little high (see post 899 ), so I'm not sure if that is the reason why you think there has been a change. Indeed this share does seem to be quite volatile. I picked up a few when it dropped back to 40 pence and that was after a director dealing RNS (there have been more than one). It is fair to say this can be volatile, but I think the critisism of not releasing an RNS to downgrade EPS is completely unwarranted. They haven't downgraded anything. Unless someone can show me any different, it is steady as she goes. As for the share price drop... well it happens. It was probably a little toppy at 87 pence. Maybe people took at look at the forecasts and sold before the results at a good price. If I was looking to trade, I may have done the same. What I have seen however, is that GTC can release contract wins at any time and they can be quite significant. Just send me your address if you would like the note. Thanks and regards Stuart
bookbroker: Interesting thing is the mkt. took that update with a pinch of salt, the paragraph including 'that profits would be in line with current forecasts' they did not believe, and hence the share price was hammered, however if the board are not far off then these are way too low,and there should be a deal of upside to mid 70s.
stewy_18: Not really a dodgy RNS, it is not a profit warning and he may have planned to retire on the Friday before Christmas. Seems plausible. If you are a holder you just have to put up with ill timed director selling which trashes the share price. Get used to it. Re-read the final results RNS to remind yourself why you are invested in the first place. Just my two cents. Regards Stuart
stewy_18: I have been having a think about what represents better value at the moment. GTC or THAL. For the interests of clarity I am a holder of GTC not THAL, but they operate in the same sector and the latest contract win from THAL got me questioning which one now represents better value. For anyone that doesn't know, THAL released a major contract win a couple of days ago. Looking at the broker note from WH Ireland (last post) and the latest broker note from Investorchampion which includes the figures from the latest contract win (http://www.investorschampion.com/download_pdf.php?) , I knocked together some figures to try and help me decide:- GTC THAL Share price p 57.5 130 Mkt Cap £million 17 13 predicted eps 2013 p 4.3 11.7 forward p/e ratio 13.5 11.1 Cash £ million 2.6 1.9 So it looks like THAL is a bit cheaper given the forward p/e ratio, but not enough to make me jump ship here. They both seem to be capable of announcing large contract wins at any time. The fact that Globe looks like it will be a reoccuring revenue stream also has benefits. I think both companies will probably do very well in the next 3 years. However, I am happy with my investment with GTC. This board can officially go back to sleep until the next GTC RNS:) Any comments welcome. Thanks and regards Stuart
trident5: Thanks Harry (good name). It ticks all the boxes for me, except understanding what they sell and their market. Which for me is a really important criteria, in particular I try and avoid companies with lumpy sales profiles especially if the share price is doing well. I'm like you - I've got no oil/gas or technology expertise, but it seems this has got a niche and something of a moat with all the data they own.
trident5: Thanks Fredahead do they have competitors in this field? They say they are the market leader are they well clear of the field. Apologies for all the questions - I appreciate the answers I'm getting, but see the share price is going up as I'm doing my research. Doh.

Getech Grp Most Recent Trade

Trade Type Trade Size Trade Price Trade Date Trade Time Currency
O 20,000 56.00 27 Aug 2015 15:50:12 GBX

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