International Marketing & Sales Share Discussion Threads

[hamidahamida] 29/9/2006 09:55

well under priced now should bounce back after big fall good recovery play

[cockneyrebel] 13/9/2006 11:49

Nice RNS just out - should attract attention here.

CR

[cockneyrebel] 06/9/2006 13:55

:-) Hi lewis - yep, CFE came good big time :-)

I'm wondering if any of those trades are director buys this time that might show later today or tomorrow.

These certainly look way oversold now and that volume yesterday as often is the case seems to mark a bottom it seems. Hard to value but they look worth a fair bit more than todays price from what I can see.

CR

[siwel100] 06/9/2006 10:58

Diogenes....If I hold something for more than 3 days I consider it a pension investment :)

[diogenesj] 06/9/2006 10:21

Thanks, siwel. They all look a bit too scary for me - probably why I don't often see you on the boards here. :-)

[diogenesj] 05/9/2006 15:54

Yes, well spotted, seagreen. Certainly oversold, but impossible to say what fair value might really be. Funny how posts like jotoha's above so often mark the bottom!

[cockneyrebel] 05/9/2006 15:52

Had a wadge today - those high volume trades look like stock clearing and as nice bottom, reverese head and shoulders too.

CR

[seagreen] 02/9/2006 10:18

Not what the large late buyers/closing shorters on Friday are sugesting looks ripe for a bounce and a bear closoure on monday morning

[jotoha1] 31/8/2006 17:54

Fair value around 30/35 pence!

[philjeans] 24/8/2006 16:23

Yes ; safer to stand back and watch for a while!

[diogenesj] 24/8/2006 15:41

Thanks, philjeans: I got that right, at least. It's clear from today's RNS/profit warning that the factors that caused the dramatic drop in turnover were foreseeable when the directors sold 1.25m shares in May, and were in fact foreseen by them. In view of that, it is impossible to say whether the shares are now good value, because it is impossible to believe anything the company says. However, they did do me a favour by giving me the signal to sell the remains of my holding.

[philjeans] 24/8/2006 09:09

Good call to bail out by Diogenes back in May - share price was certainly telling us something if we had the nous to see it!

Irony is, it was tipped by Money week last week as a strong but risky punt with a big write up, at 165p!

Looks better value now but I'll let it settle first.

[diogenesj] 28/5/2006 17:08

Forgive the interruption, folks. Contrary views welcomed (although you can hardly be more negative than I feel at the moment about this share), but I've had to moderate the wilkes creature (seems to be one of those obsessive nutters you sometimes find on ADVFN).

[diogenesj] 03/5/2006 12:18

Announced yesterday that 4 directors had sold 1.25m shares for £2.75m. They were released from their lock-ins by the house broker Canaccord Adams (appointed and paid by the directors).

This is extremely bad news so soon after the float. I am dropping coverage for now. :-)

[diogenesj] 22/4/2006 13:09

According to this week's IC, despite a good performance since the shares floated last June and exposure to emerging market risk, 'the group's growth profile suggests that there's more upside to come. Good value [at 239p].'

[diogenesj] 18/4/2006 17:56

Canaccord say that while PTP was below forecast, eps was ahead because of a lower than expected tax charge. They have revised their forecasts upwards to take account of acquisitions and a lower tax rate, and now have a buy recommendation (at 231p) and a target price of 258p.

2006 ptp £5.53m eps 12.88p(+55.18%) div 0.55p PE 18.36
2007 ptp £9.28m eps 21.53m(+61.84%) div 0.90p PE 10.98

PEs calculated at today's price, 236.5p.

Given the risks of operating in Russia, other parts of the former Soviet Union, and Turkey, 258p is probably a fair target for now, although the shares will look very cheap in a year or so if the above forecasts are met.

[diogenesj] 17/4/2006 10:18

Results announced 11 April: rather uninformative. Turnover up 110% (on target), ptp £2.74m (well below forecast - no explanation given, but I expect this is mainly because of the exceptional costs of flotation). Strong balance sheet: they have no debt, and have net cash exceeding the cash raised at flotation. Can't really say much more until I see the printed accounts or a revised interpretation and forecasts from Canaccord.

[Abuse team] 23/3/2006 22:30

Post removed by ADVFN

[diogenesj] 23/3/2006 22:27

Buys 70% of RPM Radar, a 'leading Turkish advertising and marketing agency', with an option to acquire the remaining 30% in 3 years time.