||EPS - Basic
||Market Cap (m)
|Technology Hardware & Equipment
|Touchstar Daily Update: Touchstar is listed in the Technology Hardware & Equipment sector of the London Stock Exchange with ticker TST. The last closing price for Touchstar was 111p.|
Touchstar has a 4 week average price of 87p and a 12 week average price of 85.50p.
The 1 year high share price is 115.50p while the 1 year low share price is currently 54p.
There are currently 6,308,750 shares in issue and the average daily traded volume is 11,407 shares. The market capitalisation of Touchstar is £7,002,712.50.
|pavey ark: Double post.|
|pavey ark: Windy and horrible morning so I spent some time with the recent results.
(As a background I did at one time hold 1% of BVM (clogue to longer term posters) but have reduced substantially since then. I do remember buying a considerable number of shares at 2p(32p) but that was eight years ago so that hardly makes me Warren Buffett.
I still hold enough to make me pay attention but I've been distracted and only looked in now and then.)
I must say that the recent results were very solid and the cash being generated is quite substantial for a company this size.Without a considerable reduction in trade and payables these results would look even better but bills have to be paid and inventory was reduced and receivables fell but overall this was a very solid performance.
The second half is always better here.
The really good news for me is that the share price is now higher than that paid to Kembery (5p:80p)and nice to see the new guy in profit but I suspect he has higher and longer term ambitions here.
My first instinct this morning was that things were getting ahead of themselves here but on closer examination I certainly don't consider that to be the case.|
|rivaldo: Many thanks hastings, terrific article. If Ian Martin can do a similar job for TST as at AVS then we'll be in clover :o))
"Concluding, he tells me that next year should see the real benefits feeding through the business following a strong integration of the operations with increased cross selling which has also seen a focus on back office services providing a shift to a SaaS model that can provide for an increase in contracted revenues.
Having delivered EPS at the halfway stage of 4.69p and spoken of a stronger second half to come, Touchstar is on track to deliver full year EPS of 10.3p which gives a PER of just short of 8 at the current price.
That looks decidedly attractive enough, but with a £600k pre-tax profit pencilled in for next year providing for EPS of 12.6p, then that rating falls to a low of little more than 6.
Indeed, the £1.03p broker target price would see the stock trading on a PER of only 8, still some way below the wider sector average of 10, which gives plenty of scope for further share price appreciation.
Having already delivered on his early plans which were exactly what as he laid out to me in our first conversation just over a year ago, he appears confident of moving this on to the next level."|
|the oak tree: Any ideas on why the recent share price rise anyone?
Suppose its all just speculation till a RNS. But it appears someone (s) knows something others don't. Or maybe just a natural reaction to it having gone down for sometime?
As usual we'll just have to wait and see.......|
|pugugly: Hastings and or Norbert - PER does not (imo) compute with forward eps in header. Unless eps based on old BVM closing share price. Current TSP share price 60/66p|
Touchstar share price data is direct from the London Stock Exchange