Revenue Assur. Share Discussion Threads

[kenmill1] 07/7/2007 12:30

SCSW did an update. Says Cenkos' forecast of £7.1 million (eps 10.8p) appears to be erring on the low side. Also doesn't allow for acquisitions where the company is looking for debt collection businesses. Suggests a hold but set a stop loss of 130p.

[fse] 06/7/2007 16:56

Its been a nice ride thus far and I have not taken any profit out of these as I honestly belive they have a fair bit to go as they are on undemanding multiples with a great track record and out of synch with their sector valuations.
This is a very old holding of mine and FWIW I would agree with Luke Heron's comments.

[papalpower] 05/7/2007 11:16

Comes from an analysis by Luke Heron, posted on BB this morning ;


Luke Heron Reged: 27/06/07
Posts: 7
Re: Revenue Assurance - RAS [Re: rebecca]
#394218 - 04/07/07 10:56 PM Edit Reply Quote

I tipped this one at 88.5p in August last year. There is still a lot further to go - I have a target price of 183p. The numbers out from the company a couple of weeks ago were ahead of my forecasts. Based on my conservative forecasts for the current year, I think we should attach a 15 times multiple, which is perfectly fair for a management delivering such solid growth. 12.2p in earnings for the year to 31st March 2008 suggests a target price of 183p, which I expect will be reached before the calendar year is out. The fact is, that earnings for next year could be comfortably up to 15p, which suggests a target price of 225p. Whatever way I look at it, the shares look strong.

[daz] 05/7/2007 09:57

PP - Out of interest how do you come up with a possible earnings figure of 15p?

That's well ahead of the broker forecasts posted by Nurdin a few posts back.

[papalpower] 05/7/2007 09:20

15p of earnings possible for next year, is it any wonder its strong ?

[johnv] 05/7/2007 08:32

if thats the case, then they got a leak within their office.

[nurdin] 04/7/2007 16:37

what a performer ! :o)

[labatie] 04/7/2007 15:54

'Strong Buy' in Growth Company Investor

[mitzis] 04/7/2007 15:53

Certainly looking that way........

[papalpower] 04/7/2007 15:48

Somethings happening perhaps........

[a0148009] 29/6/2007 08:49

Nice move this morning - haven't seen any news overnight, there looked to be a seller yesterday with the tight 1p spread who appears to be finished but does not fully explain 5p jump.

AO

[mitzis] 22/6/2007 10:47

Buy says todays IC.

[netsdeal] 15/6/2007 12:05

i remember Tom Bufford tipped this share before - anyone knows anything about it?

it is really on a growth path. it broke out of the last high long-held at 127.5; re-rating in progress, next stop should be 200 very soon and if held then 600.

[papalpower] 14/6/2007 14:31

Been busy most of the day, nice to see we are up through 150p here ( and OSH has just become a 10 bagger for me :) ). I must be busy more often ;)

[tole] 14/6/2007 13:49

Charles-stanley have released an update here also for anybody interested.



Some interesting comments within - though they do consider that the price could well pause for breath around here.

[a0148009] 14/6/2007 10:07

Hi guys sitting in a internet cafe in the Algarve no sun overcast but warm.
Great results having been in this one for six years with a few wobbles on the way. The share price is solid at this level now and would expect it to be progressively rerated. We have to give Simon Beart credit for changing the shape of the business and turning the company around. This is now a quality niche business with a great entree into the utilities which are non cyclical with huge budgets, a few bolt-ons will give the eps an exra kicker plus the contract wins and organic growth look set very fair. Increase market market cap and liquidity should make it more attractive to smaller company funds. share price of 175 does not seem unreasonable in the short term.

AO

[greengiant] 14/6/2007 09:52

FWIW L2

6 v 1 - Next move up 155

gg

[nurdin] 14/6/2007 09:50

No probs chester... ;o)

[nurdin] 14/6/2007 09:49

i dont think this is a flash in the pan.The quality of thier business is being recognised now imo and Institutions are getting in...it seems

[chester] 14/6/2007 09:49

nurdin - Thanks for getting me into these. I think you first mentioned these around £1 , I'm long these from 130p, but happy.

[weatherman] 14/6/2007 09:46

The way the price has gone up the last two days might suggest institutions buying. This looks like the rerating we have been waiting for. Just hope it isn't another flash in the pan.

Does anyone have any data on trades?

[njp] 14/6/2007 09:33

Must admit, I can't see where the 7p comes from for the continuing businesses. Looking at the eps calculations, the 10.8p and 10.1p diluted seem to have the discontinued businesses stripped out.

[nurdin] 14/6/2007 09:27

I still cant figure out what the 'continuing' business delivered last year.If the fully diluted eps were 7p then the forecat of 10.8p for 08 suggests a jump in earnings of 54% for the current year...which aint bad at all.

Still studying the figures