Revenue Assur. Share Discussion Threads

[fse] 09/5/2007 16:57

As you say they remain under rated since XKO days.
They should be a fairly defensive stock.
SP ought to be up in the 180p range which would fairly value them so there is plenty to hang on for ;-)

[nurdin] 09/5/2007 15:55

A quality stock largely ignored by the market .Its a legacy from the XKO days imo but investors have to just look back one year and see the transformation which has taken place within the company.The old low margin business has been completely exited and replaced by very high margin debt management business for the utilities.It is recession proof,work is based on long term contracts and there is little external competition.
On current brokers forecasts RAS are trading on a prospective PE of just 12 which looks mean given the quality of the business.I am hoping the results due soon will highlight the virtues here and trigger a rerating...:o)

[daz] 09/5/2007 13:49

RAS has been trying to breakout for a while now, with the results next month it might actually do it this time.

[tole] 09/5/2007 12:57

Could be on for a break of highs 4v3 123-127

[tole] 30/4/2007 16:20

Yes good news - though patience required - gotta be on for a break past recent highs and a run up to 150p soon though.

Commented in Aimnewsletter for May - highlighting the recent trading update as evidence of the solid progress that RAS has made over the last 12 months, and makes mention to move into the elcetricity market which is opening up a new revenue stream.

The summary points out the current EPS of 9.8p rising to 11.5p putting it on a multiple of 10.7 - and focuses that this rating still fails to discount the growth potential.

Wonder if we were waiting to get todays news out the way prior to this issue of a new broker note/forecasts coming out. Be interesting to see what effect that will have on the shareprice.

[fse] 30/4/2007 13:54

This really was great news today. its the type of news that re ratings are made out of ;-)
The company is undervalued against its peers which is insanity when it out to be at a premium. Still happy to see the news.

[a0148009] 30/4/2007 09:51

SP approaching high of 128p with potential upgrade from brokers and figures due in June good chance of breakout. Company has proven that it has managed the transition very well and added value with acquisitions and new contracts.

AO

[papalpower] 30/4/2007 09:47

Up the top in the news section mitzis...


30/04/07 08:32 Revenue Assurance says consultancy unit renews contract with utility client

[outsider] 30/4/2007 09:45

Great news, but +4p not a great reaction.

[mitzis] 30/4/2007 09:17

What is the news...?

[papalpower] 30/4/2007 08:24

Yes, very good news.

[nurdin] 30/4/2007 07:59

I understand their brokers have been reluctant to lift this years forecasts without the assurance of the gas contract.This should trigger decent upgrades imo....

[njp] 30/4/2007 07:51

Excellent news!

[nurdin] 30/4/2007 07:34

The eagle has landed guys..excellent news ! :o)

yup..Centrica....A0148

[a0148009] 30/4/2007 07:22

Revenue Assurance Services plc is pleased to confirm that the Group's
Consultancy Division has successfully completed the re-tendering process for the
supply of Imbalance Billing Consultancy services in the Gas market to an
existing global utility client. A long term contract has been signed. Delivery
of the service has already commenced.

Very good news, would this be Centrica?

Company still much undervalued in IMO.

AO

[tole] 26/4/2007 13:01

No problem. :)

Hopefully the new coverage could provide a bit more of a catalyst for a re-rating here.

Good to see some sizeable chunks of stock getting bought up today (100k, 52k, 40k all going through earlier)

[njp] 26/4/2007 12:57

Thanks, Tole. It's good to have you boys on the case. I feel a bit out of the loop here in li'l ole' NZ! :-)

[tole] 26/4/2007 12:28

In relation to the change of adviser from the last trading update -

"The Board has recently appointed Cenkos Securities plc as broker and Nomad to
RAS."

Just spoken to the company and a new report/forecasts are currently being worked on and should be out in the next week or so.

[papalpower] 26/4/2007 11:37

Indeed that has given a positive note for today.......could be a good time to add with MM buys going through.

[njp] 26/4/2007 11:32

Those buy and sell limits are indicative, Tole!

Overlooked, this one, but a breakout's got to happen eventually.

[tole] 26/4/2007 10:45

Well looking a bit more positive now - a couple of MM buys and price moving up.
Noticed online dealing is now limited

Buy 750 @ 123.5
Sell 30000 @ 121

L2 5v2

[papalpower] 26/4/2007 08:42

Hi geezer, all is well thanks. I'd like to see a break of the current downward movement to give a bit more of a positive signal here. With May and summer coming I like to see real positive signs.

[geezermatic] 26/4/2007 08:36

Hi Papal

Looking to come out of MXP now - this looks ready to break out of the channel?

Hope you are well.

GM

[fse] 16/4/2007 13:59

Another ignored gem..... very undervalued against the sector...

[weatherman] 16/4/2007 09:10

It means their cash flow was greater than their stated profits, which is kind of good.