||ORD 2 7/9P
||EPS - Basic
||Market Cap (m)
Real-Time news about Perform (London Stock Exchange): 0 recent articles
|werty5: If the share price movement is due to market makers wanting to snap up some extra stock, that in my book is a good indication of a expected good statement next Friday. Wait and see I guess. Good luck to all holders.|
|werty5: Looks like a prime recovery investment to me, but only if results hold up well in two weeks time. Share price fluctuations seem to be a tree shake by market makers trying to dislodge weaker holders. As always IMHO.|
|werty5: Market makers playing games with the share price before results in a couple of weeks?|
|masurenguy: "Credit Suisse......is now looking for earnings per share of 9.2p in 2013 and 11.3p in 2014."
That puts them on a PER of circa 17 for 2014 at a shareprice of 196p and that does not take into account the net debt of circa £22m. Hardly cheap, or even a value proposition, at circa 200p !.|
|eezymunny: Yes the key there "Credit Suisse said it has downgraded its adjusted EBITDA forecasts for 2013 and 2014 by 27% and 36%, respectively. It is now looking for earnings per share of 9.2p in 2013 and 11.3p in 2014. The target price has been slashed from 570p to just 246p."
Not obviously cheap at 2 quid some would say. I couldn't possibly comment.|
|masurenguy: This caught my eye this morning.
Warning wipes 60% off Perform's share price
One of the world's leading providers of television sports footage delivered a profit warning yesterday that halved its stock market value and sent shockwaves reverberating through the digital media industry. Perform Group revealed that its soaraway growth had stalled in selling video rights to sports events.
Its shares crashed by 58% to 180p, wiping £650 million off its market value. The warning revealed that revenues for this year would come in 6% below the board's expectations, and that growth would be kept to in excess of 35%. Earnings would be "significantly below" what had been expected.
The profit warning was all the more surprising because in a statement a month ago, Perform had talked of "strong growth across all revenue segments". In particular, the statement confirmed that "advertising and sponsorship is on track to deliver strong growth over the full year." However, that statement itself contained a warning relating to another side of the business, technology and production. David Reynolds, an analyst at stockbroker Jefferies, said: "We thought 2013 would bring challenges for Perform, but not that they would emerge in first technology and production and now display advertising. A real knock to management credibility and mistakes have been made."
|tiger20: I doubled my money on these shares and sold out at around £4 because I was worried about where they would keep getting the money for this enormous expansion of the business.
I have a colleague who has a lot of shares in the company and well connected to what they are doing-but I will stay on the sidelines for now but wouldnt be suprised at a jump in share price in next few month|
|matplum: and done nothing for the share price either, 30 pence lower than last summer!|
|tiger20: Perform Group plc ("Perform"), the global market leader in the distribution and commercialisation of sports content across connected digital platforms, announced last week the acquisition of German sports media company Sportal Gmbh ("Sportal").
Investech today - says Perform rose through a resistance level of 376p and says a further increase in share price should follow.|
|tiger20: Thanks Cambium.
Perform Group plc
Director / PDMR shareholding
Performance Share Plan ("PSP")
In accordance with Disclosure and Transparency Rule 3.1.4R, Perform Group plc ("the Company") today announces that awards under the PSP have been granted to the following Directors in respect of the financial year ending 31 December 2012. In accordance with the PSP rules, the awards were granted on 23 March 2012 as conditional shares.
The awards to Executive Directors are as follows:
The performance conditions are based on a matrix of growth in earnings per share ("EPS") (note 1) and growth in revenue with vesting determined on a straight-line, pro-rata basis.
The performance conditions are in the form of compound annual growth rate. The growth will be calculated at the end of the financial year ending 31 December 2014 and using the financial year ending 31 December 2011 as the base year.
Note 1: before exceptional items and acquisition intangibles amortisation|
Perform share price data is direct from the London Stock Exchange