||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Parity Group Share Discussion Threads
Showing 7051 to 7073 of 7075 messages
|The cashflow yield on this company is just too silly for words. The company generated £3.4m in cash from operations during the year. At a market cap of circa £11.5m the company is trading at a miserly 3.4X cashflow.
That on its own should be enough to whet the appetite but there is more. The yearly figure hides the true strength of the turnaround in progress: of the £3.4m cash generated in the year a substantial £2.3m was generated in H2 alone! (H1: £1.1m) - a 100% more cash generated in H2 than H1!
On an annualised basis the extrapolation from the H2 figures would imply that could generate circa £4m in cash for the year. That would make a sizeable dent in the £4.4m net debt at the year end (excluding whatever can be achieved from the sale of Inition).
"We are confident that the business provides further enhanced growth opportunities, positive cash flows and shareholder value."
I look forward to bolt-on acquisitions in the consulting space with the internally generated cashflow in due course.|
|Also bought here pre- and post- results.|
|Bought in here today, surprised I could buy lower than the open after a few sellers appeared.
Put PTY on my watchlist after the positive trading update in December, today's results have increased my conviction that the turnaround strategy is gaining strength.
Cashflow was very strong and they said that cost control will continue, borrowing reduced about 15% which is a trend that is likely to continue, this will make a significant difference to finance charges and feed straight to the bottom line this year.
The basic figures look good by themselves with EPS at 0.87p and shows that H2 was very strong, agree it will be good practice to get away from highlighting the EBITDA figures now.|
|For the first time, in a very long time, I can actually believe a BOD! I never thought I would be writing such a thing.
These results are shockingly good on virtually every metric one cares to look at:
PE, especially PCF, Net debt/Ebitda, cashflow, net margins, divisional contribution, debtor days etc.
Notice that they state that going forward they will use operating profit as the key KPI - which is a tacit admission that they will be ditching the dreaded "adjusted EBITDA" measure - and therefore one suspects that we shall be not be seeing the awful "non recurring items" which somehow always recurred.
The standout is surely the consulting side with its attendant margins and I would not be surprised if they beefed this up either organically or via acquisition from the hoped for contribution from the sale of Inition.
Surely the cashflow is the star in these results and if that continues, especially with the sale of Inition, then we could be looking at the wipeout of debt by the year end?
All IMHO and DYOR etc.|
|Looks like price movement is liquidity driven (more sellers than buyers). It's a cracking set of results across all fronts IMO.|
|Agree good set of numbers|
|Results look good with eps of 0.87p and strong cash flow of £3.4m resulting in big reduction in net debt.|
|Chart still invites me, a small retrace was expected as far as I'm concerned.
It's make or brake with these results,it's either 13.5p or 9p.imho.. and I'm betting on the former..gla lth's|
|Thankyou for the clarification.|
|It’s not an agreed date as they haven’t issued a notice of results.|
|When the company has not produced the results on the agreed days you would expect a note from the company to explain when the results will be announced. Common courtesy but this is sadly missing in the PLcs of today. If they treat their shareholders like this you wonder how they treat their staff.|
|I am ADVISED that the figures will be out on either Thursday or Friday of next week.|
|Google has them as yesterday, L S E have them as today, last year they were on the 17th - yet the company has not said when the announcement will be made. All very curious. But hey-ho we are only the shareholders so why should we be told!|
|They were listed as being announced today , not good , always makes you fear the worst.|
Perhaps next week - if they would be kind enough to inform us.|
|PTY results due out today ?|
|charts well above the dma's now,gla lth's|
|Yes,16" March full years results,next Thursday,
this will make us or break us,,and I have always believed the former.
|That's a fair chunk to be moved onto the table, and so visibly. On the basis that they are not looking for capital losses, I certainly hope they are right. Soon to find out.|
|abergele, the volume has been interesting for this little tiddler.|
we are now at the heights of 18 or so weeks back,
perhaps I can start to show a profit again here,haaaaa gl mate|
|Hmm, I see ringside seats being taken for the show next week.|