Stockcube Share Discussion Threads

[cockneyrebel] 06/11/2006 11:08

Bought a few this am - think I moved the price.

Shame it's so illiquid and only has 2 mm's but looks very cheap when you look at all that cash theu hold too imo.

CR

[james 2] 31/10/2006 12:54

I would prefer it if they would wait until the offer is back to 60p :o)

[hugepants] 31/10/2006 12:46

Dropping a bit now on very low volume.I hope watshot come out with another ramp soon

[mctmct] 27/10/2006 15:37

Maybe.

It looks more like a distribution from family trusts to specific individuals.

mct

[ponty] 27/10/2006 14:40

this helps to account for the share price rise the last few weeks

[orinocor] 27/10/2006 13:44

directors shareholding out today

[mctmct] 24/10/2006 15:22

dv

Sorry - I was obviously too cryptic.

I'm reacting to your comment, but referring to Luke Heron's calculation in message 75 above.

Even with the interest stripped out of Heron's forecasts, the PE remains too low.

mct

[dveiorv] 24/10/2006 14:58

Davidosh

To what valuation model are you referring. And where did I calculate future profit.

dv

[mctmct] 24/10/2006 14:21

duplicate removed by mct

[mctmct] 24/10/2006 14:21

Davidosh

Removing the interest payment reduces the pre-tax profit by about a third. The forward PE is still far too low.

mct

[davidosh] 24/10/2006 13:53

I hate to be a bore and throw a dampener on things but ....

1. If you exclude cash in your valuation model please exclude the interest on it too when calculating the future profit

2. The profits may have been better in H2 in the last few years but that is not due to revenue being stronger indeed H2 has been weaker twice.....the fact is that costs seem to be lower in H2 every year......Cannot be the Christmas bonus then???

3. The interest in the company and shares purchased today is still minimal in volume terms due to the liquidity so do not get too excited.

4. The best thing to happen for SKC would surely be a tighter spread.....the 12% plus bid/offer range is ridiculous.

[dveiorv] 24/10/2006 11:43

Op profits are historically weighted towards the second half

('000)

2003 H1 = (34)
2003 H2 = 40
2004 H1 = 23
2004 H2 = 47
2005 H1 = 49
2005 H2 = 185
2006 H1 = 194
2006 H2 = ???

[mctmct] 24/10/2006 09:53

I agree, HP. Which means that 2007 could beat 4.7p comfortably, and the forward PE (discounting cash) falls even further.

mct

[hugepants] 23/10/2006 10:15

The company did 2.2p eps for H1 (2.3p if you exclude goodwill). I hope they can beat 3.8p for full year.

[dveiorv] 22/10/2006 17:54

Buy Stockcube at 54.5p
Says Luke Heron of Watshot.com
AIM traded Stockcube has achieved success in markets in which so many other company's fail. Over many years, the group has established itself as one of the world's leading providers of independent financial research. On the investment front, not only does this company offer an excellent product, its shares offer the scope for considerable upside too. Buoyed by considerable cash reserves, this profitable growth business offers excellent upside potential for the canny investor.

Stockcube's analytical services have been used by institutional and private clients for over forty years and cover all investment classes including stocks, bonds, mutual funds, currencies and commodities. Marrying a broad range of analytical and technical disciplines, Stockcube's indicators and techniques are recognised as industry standard and used by investors across the globe.

The information market is huge and this is a business with established and firm roots in place to capitalise on the massive potential. In short, Stockcube is a cracking growth play.

The company has continued to devote greater attention to individual client requirements in its institutional investor consultancy and analysis services, where it recently reported turnover growth of 18%. The business is now poised for greater penetration of the institutional sector with a dedicated sales and marketing effort. Elsewhere, a growing demand for the group's Fullermoney product, the global investment strategy service, has seen a 24% increase in subscriptions in just a year.
Stockcube is a business that continues to boast a very strong balance sheet indeed, with net assets of 4.5 million pounds, of which 4.2 million pounds comprises net cash. This is equivalent to 47p per share and 44p per share respectively. The business is very cash generative indeed, with a total of 340,000 pounds cash coming in during the first half alone. I am very confident indeed, that in light of the first half performance, Stockcube will generate pre-tax profits of 520,000 pounds for the year to 31st December 2006, equating to earnings of 3.8p per share on a full tax charge.

For next year, pre-tax profits of 650,000 pounds should be within comfortable reaching distance, equating to 4.7p in earnings per share. Thus at 54.5p, we have a company trading on 11.6 times 2007 earnings. Discount the cash and it falls to just 2.3 times 2007 earnings. There is more than enough room for the shares to rise by 50% on a six month view and still leave the stock looking cheap. Buy.

To catch Luke's red hot small cap tips on WatsHot.com costs just 73 pounds a year - to access his latest ideas click HERE

Luke Heron is a regular guest tipster on Trading Places, the stockmarket themed game show which airs daily on www.stockmarket-channel.tv

[davidosh] 22/10/2006 12:37

That cashier at the Natwest may be buying again.....Interest rates headlined to be raised again next month so Stockcube will be looking to sweat those cash assets......hopefully !!!

Does anyone have a copy of the tip that is mentioned ?? Is it in the weekend newspapers then?

Anyone use the company products out of interest ? Just wanted to know if they are cutting edge from a user ?

[james 2] 20/10/2006 14:53

Didn't we all mct :o)

[mctmct] 20/10/2006 14:47

Pity. I had hoped to pick up more, cheaply.

mct

[orinocor] 20/10/2006 14:14

just got emailed a buy rec on stockcube from Luke Heron of watshot
In a rush just now but it ends
Thus at 54.5p, we have a company trading on 11.6 times 2007 earnings. Discount the cash and it falls to just 2.3 times 2007 earnings. There is more than enough room for the shares to rise by 50% on a six month view and still leave the stock looking cheap. Buy.

[hugepants] 17/10/2006 14:30

...Strip out the net cash per share of around 35p...

mct, SKC had net cash of over 44p at last results (end of June)

[mctmct] 11/10/2006 15:35

Current offer price is effectively 57.6p (I have just bought 20000 at that price).
Strip out the net cash per share of around 35p, and that falls to 22.6p.
First half eps was 2.2p. Assume the same for the second half.

22.6/4.4 is just over 5. As a P/E for a profitable, growing company, that's good enough for me!

DYOR

mct

[orinocor] 05/10/2006 13:40

google search

[davidosh] 04/10/2006 22:54

I have completely lost the plot here ..

What have an affair between banking staff in Fulham, Hugepants and all this interest in Simon Davis to do with the day to day business of Stockcube??

Do any of you so called holders know what they do???

I guess you think Stockcube deals in OXO products !!!

Is there a review of their actual business and strategy anywhere herabouts?