||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Real-Time news about Prologic (London Stock Exchange): 0 recent articles
|davydoo: New ceo announced today, but doesnt seem to have caused any reaction in the share price yet. Will be interesting to see what he can add. As the existing ceo is staying on as cto, youve got to assume another big salary for the co. to cover, which would likely wipeout profits if last years performance was repeated.
Interim results due next, so will be interesting to see any news that followed the period end linked to the new ceo arrival|
|maggiori: Yes. Without having looked at the PGC Board's interests in detail ,I see a key difference here between this and the XN saga (such a diasppointment - XN had so much potential).
The close links that existed between Torex and XN at shareholder/Director level don't seem to be a type of issue here at the mo for PGC in relation to other potential bidding companies.
Therefore, a bid type situation would work out much more favourably for PGC shareholder's than what happened at XN - with decent offer, and associated increase in share price.
All in the future, all speculation.
What is defintely more certain is that this is still very much a sector to be in, imo.|
|cockneyrebel: A new thread as the old heading was rubbish imo.
Prologic is a software company supplying Epos.
A trading statement out today that they are ahead of expectations. If this is the case then they have made something like 4p+ in H2 as they made very little in H1. This should sit them on a forward PE of around 9-10 as they are forecast to do 6.9p eos in the year ahead and that is likely to be revised up if they have beaten this year's forecasts. The sector average PE is 29.5 according to Growth Company Investor.
Underlying profits were £100K in H1, they are forecast to do £630 pbt for the year by WH Ireland - if they have beaten then it looks like £550 pbt has been done or more in H2 - making the £1m forecast for the year ahead well achievable - pretty impressive from a £8m market cap company.
They boast 30 clients including Ted Baker, Paul Smith among others, none of which form more than 10% of the business and the total potential client base in the UK amounts to 400. They are now making good inroads into Europe.
Directors have been buying recently and the company says it will post more details in the results in early June.
If these traded on half the sector average and a PE of 15 then the share price would be 104p and that's before any upgrades to next year's forecast. A penny upgrade and see them trade at the market average and they could trade well over £2+
Potential gain compared to down side looks rather good to me so I have been buying today. Worth a bit of research perhaps|
Prologic share price data is direct from the London Stock Exchange