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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Revenue Assur. | RAS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 202.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 202.00 | 202.00 |
| Top Posts |
|---|
Posted at 03/9/2007 09:45 by kenmill1 I will be holding mine. SPI has performed well for a while now and everything looks on track. RAS will be a good fit and I think this is a safe haven during this turbulent period |
Posted at 08/8/2007 17:53 by apppp Someone has been reading my post (356) and bought nearly £2m of RAS.. lol... |
Posted at 08/8/2007 17:36 by fse Don't think the SPI shares will fall that much if at all.RAS was a very cost effective bolt on for them and its a money spinner from day one. SPI are not cheap but then again they are cornering a very lucrative market. |
Posted at 02/8/2007 09:50 by apppp Thanks, but IYO will the prospect of the new RAS share holders entering SPI and then dumping immediately bring down SPI significantly even if general sentiment is good for SPI? I agree that SPI has been a good performer but I have made my mind up to take profits on this one and maybe have a look at SPI later.It's a good position to be in but I would like to eek a few extra quid out of this one if that's possible. |
Posted at 02/8/2007 08:32 by apppp I'm contemplating selling this as there's not much in it financially, at the moment for holding and receiving the SPI shares which surely will drop immediately on the transfer as ex RAS holders people cash in their SPI shares.or... Is there a flaw in this thinking? |
Posted at 01/8/2007 12:47 by jazza SPI up.....RAS down.Go figure. |
Posted at 31/7/2007 04:34 by papalpower O/T, I have added a new thread for Low P/E stock suggestions (of which RAS would have been had I done it back then).Please feel free to add any suggestions. . |
Posted at 30/7/2007 18:03 by fse SPI looks like an interesting company in its own right.PER is listed in the 30's by ADVFN... anyone know if thats accurate. Given their last sets of results and growth rates this does not seem expensive albeit not cheap either. RAS is an excellent bolt on for them and will generate income immediately. Cost savings by absorbing them could be significant ... whats everyone doing ? |
Posted at 13/7/2007 11:04 by zho Revenue Assurance Services - BUY/HOLDCompanies: RAS 13/07/2007 Tipped on these pages as a strong buy at 138.5p last month, Revenue Assurance Services (RAS) has surged on news the group is in bid talks. RAS is the largest provider of revenue assurance and debt management consultancy services to the UK utility market and is successfully replicating growth in the gas sector with a push into the far bigger electricity sector. Led by astute chief executive Simon Beart, the company specialises in complex revenue assurance and debt management for utility clients including Centrica, with services ranging from the identification, negotiation and repayment of unbilled or over-billed gas and electricity on clients' behalf, to debt management and metering services. This is an invaluable service that helps clients improve processes, deliver more accurate billings and recover cash. Even if a bid fails to materialise, strongly cash-generative RAS offers a compelling investment case, having recently announced a year to March of strong profits growth built on contract momentum adjusted pre-tax profits leapt from £2.9m to £6.2m on turnover of £14.6m (£7.6m) as well as a key deal in the gas market with Scottish Power. Forecasts for the current year point to 10.8p of earnings, placing the shares on a p/e of 17.5, which looks relatively modest given growth prospects. Buy/Hold James Crux Market cap: £80.75m PE Forecast: 17.5 Share price: 189p |
Posted at 13/6/2007 09:21 by nurdin Thanks for that Nick.Mirrors my feelings too and it would be interesting to see the level of revisions in the forecasts.What I like about RAS is that it is a uniques business with hardly any competition in sight.Competition is unlikely to emerge either as it has taken 100 man-years of effort for UBM to develop their highly sophisticated software.Above all, they are returning superb operating margins which last year were at 38%,if I am reading the accounts correctly. I think the market will soon cotton on to the quality of their business and give RAS a much higher rating than the measly current 11x 08 earnings |
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