||ORD 6 3/7P
||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Microgen Share Discussion Threads
Showing 1251 to 1273 of 1275 messages
|Over 1m buys in trades this morning?|
Old Mutual manager Nick Williamson has upped his stake in wealth management and accounting software specialist Microgen (MCGN) as its share have spiked to a post tech-bubble high.
Williamson increased his investment from below a disclosable level to 5.5% of the business worth just under £9 million at a share price of 268p, the highest since April 2001.
The shares are held in the £173 million Old Mutual UK Smaller Companies Focus fund.
Microgen has shot up 16% this month alone, capping an 82% climb over the last 12 months. The latest leg up followed 2016 results showing revenue 35% higher at £43 million and profit 26% higher at £9.5 million. The company upped its full-year dividend 19% to 5p per share.
The rally has taken it to within a sliver of Investec’s recently-confirmed 270p target price however, on a price multiple of 27 times last year’s earnings.|
|Stockopedia showing FY17 forecast EPS upgraded by 13.5% to 12.6p & by 24% for FY18 to 14.3p|
|Does anyone have confirmed data on the price levels for performance related stock option awards to MCGN senior management? I recently read that the previous chairman's potential awards were tied into share price rises to 200p, 250p and 300p before November 2018.|
|Volume traded today 3.5 million so far.Given how illiquid this can be thats impressive.|
|someone buying large|
|You mean this morning's +4% is a sell signal?|
|What does it mean Lucky Mouse?
British Bulls say:
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated.|
|free stock charts from uk.advfn.com|
|Sharepad showing Investec at 11.1p FY17 & 11.5p FY18 so looks like those Stocko numbers might reflect upgrades.|
|Stockopedia has broker forecast 2017 eps at 12.6p and 2018 at 14.3p. This could well be upgraded soon though.Aptitude seems to be growing quickly, doubling its revenue in a year and as already highlighted by others, entering the US healthcare market, which is vast. Good prospects going forward IMO.|
|Does anybody have the EPS forecasts for future years?|
|Results presentation, bit more detail on recent healthcare contract win & other case studies.
|agree crazy coops, would have thought Aptitude would fit with First Derivatives?|
|I don't think the PER is too steep given the growth in recurring revenues. Can't help thinking they must be a t/o target.|
|Maybe the PE is a bit rich now but all the figures are growing because recurring revenue is increasing year on year.
Profit up 26%. EPS up 34%. Cash conversion up to 138% from 102% from the growing recurring revenue.Net cash of £13.6 million up from £5.4 million.
A cash cow with intent to grow further
"The growth in operating margin to 15% (2015: 10%) is despite investment being made during the course of 2016 in a number of other areas of the business including the strengthening of the senior management, product management and business development teams. The full cost effect of these investments will be felt in 2017.
"Operating performance was above management expectations set at the start of 2016 and with a number of the new contracts only materially benefitting 2017 and subsequent years the Aptitude business has excellent visibility for the current year.|
|Good to see the doubling of Aptitude operating profit through a mix of growth and margin improvement - though some of it is currency impact. The investment in this business appears to be paying off.
Healthcare - with case study:
|Some positive messages: revenue and net profit look like they're ahead of broker forecast and Aptitude moving into Healthcare|
|Mr Market seems happy with these results.|
|Great statement from the company and Divi increased which is good news|
|New highs ahead of tomorrows results.
Can't be anything but good after the recent positive update.Touch wood anyway!|
|Prelims due on Weds. "Excellent" progress according to the recent business update.|
|Results Wednesday. Probably built in to price but maybe divi up.|