||EPS - Basic
||Market Cap (m)
Real-Time news about Printing.Com (London Stock Exchange): 0 recent articles
|tyranosaurus: I read it as dividend to be covered by earnings, so cover will be 1.
Dividend will be up to eps, which last year was 1.69p, still a sizeable reduction from now.
New name does not grab me.
Will be nice to see some real income from the clouds !
Share price will probably go nowhere or slightly dowm.|
|richjp: It does generate cash and with all their initiatives I don't think they will go broke. With the share price at these levels however I think there could be a possibility of it being privately bought out, which might not result in the best deal for shareholders.|
|richjp: I feel that if they can demonstrate that the level of the divi can be maintained in the future, that in itself should move the share price - eventually!
A divi of 8.5% is an absolute bargain if it is sustainable. Even if the share price were to rise to 40P the divi would still be over 6%. It would be nice if it would move away from AIM which might be putting some people off.|
|tyranosaurus: A great reaction to the surprise holding of the interim dividend at 1.05p..
Share price unmoved and one reported trade of 1000 shares.
The dividend is not covered by earnings and the final dividend of 1.5p or even 2.1p will definitely not be covered.|
|dd776: Rather Happy with it. Glad that the dividend was not halved. Only downside is the uk economy. Looks like a busy year ahead with more product launches. A big loss George Hardy but maybe a bigger name in the printing industry going to join the board. Hope for a bit of a bounce in the share price.
"Although the Group's Balance Sheet and cash flow from operations were strong and would have supported a maintained dividend the distributable reserves would not do so for this or appropriate future dividends and it is the Board's intention to take the necessary steps to undergo a capital reorganisation to address this issue. It is our intention to send a circular to shareholders to seek approval for the aforementioned capital reorganisation in due course."
Question: capital reorganisation WHY ?|
|dd776: possible surprise, no cut at all, as costs on programme developement are reducing as are machine repayment costs. The bosses want a large payout as well rather than increase there base salary? A bounce back in the share price as " trading is as management expectation"|
|richjp: The most important thing is will they still be able to maintain the dividend in future years. If there are clear indications that they can then I feel the share price will move forward.
This is a well run company operating in difficult markets, however if the share price continues to flounder I can see the directors taking the company private.|
|dd776: StockMarketWire.com - Printing.com has seen Group turnover increase by 51.1% to £10.73m for the first half (2010: 7.01m), primarily reflecting the Company's acquisition of Media Facility Group BV (MFG) in November 2010 (turnover of £3.4m in the period). The company also reported strong trading across Netherlands and Belgium.
EBITDA before non-recurring costs progressed from £1.39m to £1.61m an increase of 15.8%. However, principally as a result of increased depreciation and amortisation arising from software development and the acquisition of MFG, Pre Tax Profit before non-recurring costs decreased to £0.62m (2010: £0.71m) a fall of 12.7%.
Non-recurring costs incurred during the interim period, relating to the integration and reporting alignment of MFG, totalled £0.12m (2010: £0.09m) reducing Pre Tax Profit to £0.50m (2010: £0.62m).
At 30 September 2011, the Company had cash-in-hand of £0.96m (2010: £1.61m). Cash generated by operating activities was £0.95m (2010: £1.15m).
A Final Dividend of £0.99m was paid in the period (2010: £0.93m). During the period working capital increased by £0.51m (2010: £0.11m) and capital expenditure was £0.90m (2010: £0.44m), the majority reflecting the ongoing investment in the Company's software that underpins the new developments. Net funds at the close of the period were £0.65m (2010: £1.08m).
The Directors are declaring an Interim Dividend of 1.05p per share (2010: 1.05p) to be paid on 9 December 2011 to shareholders on the register at 18 November 2011.
At 8:34am: (LON:PDC) Printing.com share price was 0p at 30.5p
Story provided by StockMarketWire.com|
|dd776: Anyone going the agm next Friday
From Hardman July newsletter
Recent results demonstrated the strong cash generation at Printing.com. Cash generated from operations in the year to March 2011 (as reported on 6th June) equalled £4.16m (£3.42m). Free cash flow (after all outflows bar dividends and acquisitions) totalled £2.38m (£1.75m), equating to 5.2p per share. This provides plenty of ammunition for ongoing dividend payments of at least the 3.15p paid historically. Cash flow receives a boost in 2012 as certain major lease payments (on major equipment) come to an end. The balance sheet is cash positive. In year to March 2009, Printing.com handed cash back when most of the rest of the corporate world was looking more or less actively to secure more not less cash on its balance sheet. This positive should not be forgotten for a long while in Printing.com's share price rating.
Tel: +44(0)20 7929 3399 www.hardmanandco.com
Q3-2010 Q4-2010 Q1-2011 Q2-2011
PDC PRINTING.COM ORD 1P
.UKX rebased to PDC
Market conditions remain competitive but a major attribute of the business is its flexibility, with strong levels of R&D and a strong web-based customer design template offering. This was initiated in 2002 and many aspects of the system then unique have been copied by competitors. Printing.com has recently successfully leveraged its operation giving customers with multi-site brands a user friendly web-based design facility, "templates". This can handle formerly awkward lower volume runs and financial results for the group indicate this and other initiatives are working. It is revenue generative only since February 2011.
The Dutch acquisition (MFG) of late 2010 is profitable, promising and gives good scope for expansion into adjacent territories.
Look forward to the latest management report|
|dd776: From company paid analyst Hardman and co. 6-9-2010
A new strategy taking Printing.com more heavily
into major client printing work via templates, giving
a broader spread of business than its current
reliance on SMEs, is in the process of being
introduced to the franchisees. We like
Printing.com's thinking, and will be publishing a
research note giving details of the new policy, and
its likely impact on the p & l account, shortly.
Current year trading has not been easy, but
franchisee numbers have held up well. Cash flow is
strong and will strengthen further when lease
agreements on printing equipment at the central
hub come to an end shortly; Printing.com will then
buy the equipment for a small sum. The high
dividend gives Printing.com considerable appeal to income funds, with the potential gains from the new strategy
currently not in the share price at all.
Working on a new note, could it be the push the share price needs?
I hope so
Hope the printing press is bought for a small sum, paid in cash!!|
Printing.Com share price data is direct from the London Stock Exchange