Judges Scientific Share Discussion Threads

[gucci] 10/4/2015 09:15

and up again

[gucci] 09/4/2015 08:46

looks like we are heading back to 1700 plus pronto :-)

[gucci] 08/4/2015 15:12

Added today

[melf] 07/4/2015 12:17

Positive comments in the latest scsw issue.

[gucci] 07/4/2015 10:51

sharp rebound

[droid] 07/4/2015 10:50

Next acquisition coming ?

[droid] 27/3/2015 19:41

And if you look at the Armfield website only a part of their sales are to public sector.

[cockerhoop] 27/3/2015 19:18

From the statement we now know that after adjusted operating profits of £1.66m in 2013 Armfield produced greater than £1.96m in 2014 .We don't know by how far it beat it's earnout target but the acquisition clearly is going to make a decent contribution going forward.

Forecasts suggest EPS growth of 26% and 16% in the next couple of years so on a fwd PE of 14.5 it doesn't look too expensive to me for the quality of earnings.

[droid] 27/3/2015 11:37

Don't forget there will be a useful contribution from Armfield this year.

[aishah] 27/3/2015 11:20

Yes, a p/e in the high teens; so not a bargain. Will keep a watch with a view to enter around 1150-1200p. all imo.

[pugugly] 27/3/2015 10:44

Starting to looks fully valued (imo) especially in view of the caution in the Chairman's statement

"bookings for the first eleven weeks of 2015 reverted to a similar level to those for the corresponding period in 2014. It is, of course, too early to draw conclusions for the year as a whole, other than to recognise that demand supported by public sector funding remains patchy. On the currency front, the recent strength of the US dollar may well result in a gradual improvement in orders and margins from outside Europe; although the Group's activities in continental Europe could struggle, given the recent weakness of the Euro. "

Depending on which set of figures used to caculate historic p/e ratio's could be looking overvalued (imo) at 1510p..

p/e's below - If my caluculations are correct (e&oe) at offer price of 1510p

Historic pe basic eps 82.7p 2014 18.3
Historic pe frs3 eps 34.7p 2014 42.3

[aishah] 27/3/2015 09:52

Had on watch list after SCSW coverage. No rush to buy-in at the mo. dyor

[essential] 27/3/2015 09:27

Stopped out at 1500p. Happy to stand aside...

[gucci] 27/3/2015 08:13

rolling back up

[gucci] 27/3/2015 08:11

fall overdone
should revover some

[analcime] 27/3/2015 08:09

3 months steady progress undone in 6 mins... Never saw that coming.

[gucci] 27/3/2015 07:56

all priced in
and a good forward book

[cockerhoop] 27/3/2015 07:39

Inline with market expectations (80.5 v 80.2 (expected adj diluted)) and a restored year end order book, Armfield trading well - full earn-out will be paid.

[essential] 27/3/2015 07:32

Anyone know market expectations?

[steveo18] 27/3/2015 07:26

cash generation was strong and the Group's ability to increase the dividend and pursue acquisitions remains very much intact.

[harebridge] 27/3/2015 07:19

Extremely poor results & outlook.

[adorling] 27/3/2015 07:09

Disappointing set of results (other than cashflow) and not a reassuring outlook in 2015 reading the Chairman's statement.

[tjbird] 06/3/2015 15:08

bloody hell, been trying to buy some all day and order not filling

[tjbird] 06/3/2015 11:38

Waking up!