Powerflute Di Share Discussion Threads

[moorsie2] 07/2/2014 15:38

Most of those trades at 29 as well - this is breakout territory so expect to see the back of 20's and living life in mid 30's soon!

[foxman14] 07/2/2014 14:54

No trading update so we should be in line with expectations with Prelims in March.
Is today the day we finally get the Bestinver Gestian hangover cleared?! 5.7 million shares traded as I write. Hopefully then onwards and upwards from here.

[moorsie2] 26/11/2013 12:24

A trading update would not go amiss.

It would be good to know with 5 weeks to run to the end of the financial year that they are on track or ahead of targets

[rathkum] 26/11/2013 08:46

I guess we are due a trading statement fairly soon. Was 1/11 last year.

[riggerbeautz] 25/11/2013 15:59

Soon...heard that word before on a few, quite chilled waiting here though.

[moorsie2] 22/11/2013 08:50

poised for break out soon....

[moorsie2] 14/10/2013 12:15

Actuals and forecasts below.

2013 prospective p/e of 11.7 so no idea what the FT is showing as 3

31-Dec-12 113.08 6.34 1.60¢ 17.1 n/a -53% 1.30¢ 4.7%

POWR ForecastsYear Ending Revenue
(£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-13 110.22 10.04 2.52p 11.7 0.1 +85% 1.09p 3.7%
31-Dec-14 111.98 11.40 2.88p 10.3 0.7 +14% 1.12p 3.8

[vulgaris] 14/10/2013 10:07

The FT is quoting a P/E of 3 point something (sorry I don't have copy in front of me but noticed this twice as this hit new 2013 highs last week) whereas ADVFN has it at 17.35.

Does anyone understand the sums behind this difference?

[moorsie2] 14/10/2013 08:18

this valuation should be closer to 42p and not 29p so I expect it to go much further before settling into a new narrow trading range

[riggerbeautz] 11/10/2013 17:40

Breakout and well on the way now Moorsie, distracted elsewhere but nice close confirms it.

Happy to hold for more.

[riggerbeautz] 09/10/2013 17:58

Yep agree, won't be a straight line, but looks much better for a good rise.

[moorsie2] 09/10/2013 15:55

Definite signs of breakout from its traditional trading range.

Should set in the 35 to 40p range over the next 2 months.

[riggerbeautz] 19/9/2013 15:52

Quite a spike. Be interesting to see if it can hold 25.25 or above, or it's back to the range, albeit possibly trending higher now.

The latest Edison note can be viewed here
hxxp://www.directorstalk.com/edison-research-powerflute-getting-into-its-stride/

[moorsie2] 17/9/2013 13:25

Breaking out of its narrow trading range - could be something a foot. Hopefully!

[moorsie2] 17/9/2013 12:05

Another significant deal announced in the US yesterday between no 4 and no 9 players.

Highlights significantly value in this stock and an opportunity for it to be trading in mid 30's on its on or much higher as an acquiror or bought out around 55p plus

Just my analysis of the numbers and brokers reports... do your own reasearch to see what numbers you come up with..

[rathkum] 29/8/2013 16:37

Indeed it does. I see very limited downside from here even on a general market and correction plus a decent dividend with an increase possible next year. I have added to my holdings and will do so when I can free up some cash from others stocks.

One of very few stock that appears cheap in today's market and there ain't that many.

[moorsie2] 28/8/2013 15:32

Rathkum - does the note change your view of prospects?

[rathkum] 23/8/2013 10:08

Moorsie2

Check out Edison Research. They have just released a research report on Powerflute which makes for pleasant reading.

[moorsie2] 22/8/2013 13:33

Raqthkum - i dont see that as a possibility.

Someone would need to pay 7 x EBITDA and that would give a price around 48p.

If the company can close 2013 without any production or selling price surprises then the share price will be sitting around 40p as it enters 2014.

This in turn will allow for more strategic aquisition options....

Time to top up in my opinion

[rathkum] 18/8/2013 09:51

Stays at this price for too long and every possibility of being taken out.

[moorsie2] 07/8/2013 12:02

Should see a breakout to above 30p soon as the intrinsic value of this company is taken fully into consideration.

Capital invested over the last few years and the market this mill lives in supports a true value of circa 40-45p for this company before any other deals are found to unlock more shareholder value.

[britishb] 05/8/2013 08:35

Decent numbers methinks.

An annualised Euro 16m ebitda. I reckon sensible valuation 7xebitda = £97m or about 35p/share.

Cash flow negative in H1 but op cash flow b4 w/c movements less capex was about eu 9m which looks good to me.

Mr Market will decide!

[britishb] 31/7/2013 15:26

Bit of volume pre-results here.

I guess you could argue it's a bit on the cheap side given

a) net cash, odd for such capital intensive biz
b) dir bought 150k's worth in May
c) seems current (H1) trading is good
d) 4.4% yield
e) sub 10 P/E with others in sector a fair bit higher
f) less than 7x historic EBITDA (last year's)

Results Monday may be worth a ganders....