Regenersis Share Discussion Threads

[aishah] 23/9/2015 11:20

Good to see them focus on data erasure which is high margin and growing. Hanover pretty shrewd. Follow them imo. dyor

[battlebus2] 23/9/2015 09:11

Thanks Rivaldo, Brokers see plenty of upside...

Regenersis PLC had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘BUY’ this morning by analysts at Panmure Gordon. Regenersis PLC are listed in the Industrials sector within AIM. Panmure Gordon have set a target price of 270 GBX on its stock. This is indicating the analyst believes there is a potential upside of 88.2% from today’s opening price of 143.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 19.5 points and decreased 74.5 points respectively.

[rivaldo] 23/9/2015 09:03

Good to see you here bb2, I similarly bought more yesterday.

There could be a lot of upside here given that one could value Blancco and its related businesses alone at much of the current m/cap, with the aftermarket divisions in for not very much at all.

[battlebus2] 23/9/2015 08:28

Hi BBD, yes normally but this stands out especially in the current markets.

[bigbigdave] 23/9/2015 08:23

Hanover know what they are doing, ELM and FOUR in the past.
Market Cap here a bit big for you BB2?!

[battlebus2] 23/9/2015 08:18

Bought in a few times this morning, looks great value imho...

[rivaldo] 23/9/2015 07:13

Good to see Hanover buying another £294,000 of RGS shares - they now have 6.9%:



OT : cheers seans66, appreciated.

[seans66] 22/9/2015 18:09

Rivaldo

Ignore the haters. I appreciate your posts as I am sure many others to do.
You certainly have a million times more creditability that the person putting you down.

cheers

[rivaldo] 22/9/2015 14:59

Moving up again now, and on around 2m shares traded too, which are very healthy volumes.

[brummy_git] 22/9/2015 11:54

Link to download RGS note from Equity Development

hxxp://www.equitydevelopment.co.uk/doc/1396.pdf

[rivaldo] 22/9/2015 10:57

Cheers dave.

Panmure (joint brokers) have reiterated their Buy and 270p target:

[the stigologist] 22/9/2015 10:10

Just a warning for anybody who gets taken in by rivaldo's style of subtle ramping/deramping/talking his own book. I have just exposed him for being either wilfully stupid or an outright liar on the VENN thread.

[stegrego] 22/9/2015 07:44

Yep, looks good, especially compared to the price action which suggested otherwise.
Ought to be much higher than this, especially if the turn into a software only business and return a wedge of cash.

[rivaldo] 22/9/2015 07:42

Adjusted EPS of 16.19p, plus an earnings-enhancing acquisition, and post year end trading is in line with expectations.

And most intriguingly, a strategic review, likely to sell the low margin aftermarket businesses and leave shareholders with the excellent data erasure and other high-tech divisions (Blancco etc).

All of that lot should get the share price going nicely.

[masurenguy] 22/9/2015 07:33

Very positive results and a significant strategic announcement by the chairman

"As stated in the July 2015 trading update, the Board is focused on actions to maximise shareholder value. We are now exploring various strategic alternatives that may include the potential sale of our successful Aftermarket Services business. Any such sale would reposition the Group as a pure-play software business and enable a significant distribution of cash to shareholders. In this context we have appointed a CEO for each of the two distinct businesses we now hold in the Group (Aftermarket Services, and Digital Security Software, collectively representing 100% of the Group's business) and invited these individuals to join the Board as divisional CEOs. As Chairman this will allow me to focus on the delivery of value from this strategic initiative, after which I will complete the transition to being fully non-executive."

Consequently the acquisition to consolidate their international position in data erasure software could accelerate this process. They have paid a very high price but presume that their valuation relates to implementing their new software strategy and the subsequent future advantages to be gained by accelerating the development of their strong leading position in this market niche.

Regenersis has agreed to acquire the entire issued share capital of Tabernus LLC and Tabernus Europe Limited, together comprising the entire operations of Tabernus. The consideration is $12 million, comprising cash payment of $10 million funded through the Group revolver facility, and a maximum of $2 million in deferred cash consideration payable after 2 years.

Tabernus is the market leader in data erasure software in the USA, and the global number two player after Blancco. In addition to its numerous accreditations from NATO, US Department of Defense and CESG, Tabernus counts many of the world's most innovative technology, finance and retail brands as global customers. This transaction secures Blancco's global market position. In the year to 30 April 2015, Tabernus generated revenues of $3.0 million and profit before taxation of $0.4 million, with net assets of $0.1 million before fair value adjustments as at 30 April 2015. The acquisition is expected to be earnings accretive.

Tabernus is the global number two competitor in software data erasure, and will further strengthen Blancco's global market position and expanding its product portfolio in certain attractive niches. The effective date of exchange was 9 September 2015 and completion is anticipated to occur on 23 September 2015.

[al101uk] 16/9/2015 11:26

Selling on the run up to results in my opinion as a result of the loss of the major contract a while ago.

Bad news seems to breed fear of results... in the main I've found that fear to be justified. Hopefully not in this case.

[seans66] 16/9/2015 08:04

NT sold recently & must of taken a few people with him. Hopefully finally found the bottom & can start to climb again.

[rivaldo] 07/8/2015 13:49

Hopefully that was the low, with some buying coming in today.

Blancco is worth a very large part of the current m/cap on its own.

[eagle eye] 05/8/2015 16:56

Earnings are forecast flat over the next couple of years.
Plenty of investors looking to sell out at break-even if the stock rallies.
Institutions will be wary of management having subscribed for new shares at more than double this price.
It appears cheap, but likely to remain that way for a long time.

[penpont] 05/8/2015 12:32

SCSW's August comment on the trading statement was a bit mixed, though with enough negativity re the Nokia situation to perhaps cause some selling.

[macarre] 04/8/2015 20:16

Sorry to say mate but think RGS is out of favour with investors. Sold sometime ago.