Next Fifteen Communicati... Share Discussion Threads

[tim1478] 26/4/2023 09:57

Will the changed stance / name justify a higher rating

[longshanks] 26/4/2023 06:08

Just realised too!

[wad collector] 25/4/2023 13:10

JUst realised now changed to NFG hence no trades.

[wad collector] 22/4/2023 12:23

Finals Tuesday

[wad collector] 01/11/2022 16:26

So they lowered the target but still say Buy and that seems to have spurred a 15% share price rise. Hope they lower the target a bit more....

[martke] 01/11/2022 15:38

From Hargreaves Lansdown website 1.11.22:-

BERENBERG LOWERS TARGET ON 'MISPRICED' NEXT FIFTEEN
(Sharecast News) - Analysts at Berenberg lowered their target price on technology and data-driven growth consultancy Next Fifteen from 1,700.0p to 1,450.0p on Tuesday, calling it "a mispriced share".
Berenberg increased its full-year 2023-24 adjusted underlying earnings and earnings per share estimates by 13%/9% and 9%/6%, respectively, due to Next15's "exceptional trading" in the first half of 2022.

The German bank also noted that Next Fifteen has the highest organic growth, 31% year-on-year in the first half, and the "most robust outlook" in the sector, demonstrated by the consistent upgrades delivered year-to-date.

Despite this, Berenberg said the stock still trades "well below" both its historical range and the sector average.

"We believe the shares are mispriced and reiterate our 'buy' rating. We reduce our price target to 1,450.0p (from 1,700.0p) to account for lower peer multiples and higher WACC," said Berenberg.

"Next15's shares have de-rated to near their lowest levels in ten years (excluding the Covid-19 drawdown) and trade below the sector average on 10.5x FY 2023 P/E, falling to 9.5x in FY 2024."

Reporting by Iain Gilbert at Sharecast.com

[wad collector] 02/10/2022 08:49

Tipped in IC today on strong figures though cautious about the Saatchi bid.

[longshanks] 08/9/2022 16:58

Tipped in the Telegraph as a possible bid target.

[investing2retire] 03/8/2022 12:28

this could be a good point to re-enter. have done some research on NFC and have taken a nibble. will exit quick if it drops below 900p

[longshanks] 22/7/2022 11:07

Looking more positive. At this rate the SAA bod will have to change their advice to shareholders at the August EGM yet again!

[tim1478] 21/7/2022 21:14

Chart showing higher lows. Limit order @960

[redalert] 23/6/2022 11:46

According to London South-East there are currently no open short positions

[tim1478] 23/6/2022 10:37

I bought relatively recently, partly on the enthusiasm of Naked Trader who thought this would be re rated, only to be stopped out shortly after the purchase with the precipitous fall. I think this now represents good value but will wait for some chart confirmation before buying again.

[longshanks] 23/6/2022 09:52

Thanks RedAlert. Seeing a 3% drop is an odd response to a "performing above expectations" statement. Do we know if this is being heavily shorted (on the back of the SAA bid)? I have bought a few. Will add in stages as it still feels like a falling knife. My gut feel is that they may pull back from the bid - or get outbid - leading to an immediate bounce back.If the bid succeeds then the price is still very good value as historically they have blended in acquisitions very quickly leading to an acceleration of organic growth.

[redalert] 23/6/2022 09:01

Put a small s/b on at 921 on 17 June, considering a top-up on today's statement which I thought would be better received

[longshanks] 23/6/2022 08:44

The bid for SAA is hitting this hard: much harder than deserved.Todays trading statement shows just how strong the business is.Don't currently hold, but thinking about it. Anyone else buying?

[wad collector] 10/4/2022 23:25

IC ran an article this week concluding Buy after the previous years stalled growth. The share price has dropped 150p since the buy note!

[wad collector] 01/4/2022 14:28

New ATH today , tickling £14. Next yrs forecast P/E of 20 (Berenberg) looks a bit stretched now but I see they are still below their £16 target.

[wad collector] 23/2/2022 14:53

FROM MONDAY

Next Fifteen Communications Group plc ("Next 15" or the "Group")



Response to Press Speculation


Next Fifteen Communications Group plc (the "Company"), the tech and data-driven growth consultancy, notes the recent press speculation in relation to the potential acquisition of Engine UK.


In line with its strategy, the Company regularly assesses a number of potential acquisition opportunities at any given time. The Company confirms that it is in discussions with Engine UK and its owners.


Shareholders are advised that there can be no certainty that any transaction will proceed to completion or as to how any transaction would be structured.


A further announcement will be made in due course, if appropriate.



Then 2 more updates today. Market likes them.

[wad collector] 07/2/2022 12:52

Lost that bet.

[wad collector] 31/1/2022 21:18

I see that Berenberg , one of the few analysts covering them have reiterated BUY rating today target £15.
What's the betting on a note in IC this week?

[phillis] 31/1/2022 09:02

couldnt ask for a much better RNS

[km18] 13/12/2021 14:54

Next Fifteen Communciations plc issued a trading update for Q3 this morning, titled, “Broad-based growth across segments drives fourth upgrade this year.” Not a bad summary. The company reported strong revenue growth in Q3 up 38% year-on-year with 26% organic growth. And 34% year-on-year revenue growth in the first nine months with 24% organic growth over a year earlier. Performance was very encouraging across all segments and geographies. FY22 results will be ahead of management expectations. Balance sheet is healthy and valuation is mid-third for the Media & Publishing market. The business has a solid history of growth and it is reasonably profitable growth. Share price also has some momentum. BUY....from WealthOracleAM

[mammyoko] 13/12/2021 07:38

No mention of profits in today's trading update, I see.

"It remains our priority to accelerate investment in talent and product development" - so more costs then?

Judging by the lack of comments here, private investors seem suitably cautious about this one.

Disclosure: I no longer hold after having realised that this one's share price is based on revenue rather than profits and that the balance sheet is very weak - negative £60m of tangible NAV. Here merely because I am curious to see how this pans out