Tristel Share Discussion Threads

[apad] 22/5/2015 13:00

Thoughtful financial forecast below.
apad

maynardpaton.com/2015/05/22/tristel-im-still-projecting-15-plus-annual-returns/#more-1842

[deanroberthunt] 22/5/2015 08:33

hey a Yo-Yo

[brummy_git] 22/5/2015 08:30

Over 1/3rd of sales come from outside of the UK (re-forex: but nothing in US yet) - while I guess the falling Ruble and deteriorating economy (-3% 2015 GDP) in Russia (ie due to the sanctions following Crimea annexation) must be having some effect on the country's appetite/ability to finance purchases from abroad.

[deanroberthunt] 22/5/2015 08:06

deal with facts not hope...

[rcturner2] 21/5/2015 21:14

When I dug into the results last time Russia came up, it seemed the business there was pretty small, probably less than 500k.

[meijiman] 21/5/2015 18:26

Indeed-the facts must speak for themselves.

[piedro] 21/5/2015 17:07

What I have questioned is whether they have further information to that released in the Trading update to justify their statements re:

"geopolitics in Russia", "forex headwinds"
and further, regarding Russia
"... looking at ways to reverse the “disappointing” country-specific numbers"

- I'm not bothered about who is paying whom but prefer to see facts reported correctly.

[meijiman] 21/5/2015 16:35

Er, do you not realise that Equity Development is paid for their research by the company!

[piedro] 21/5/2015 16:06

Mach100,

'I am sure even Piedro is pleased today and he is a hard taskmaster.'

LOL :-)

NB:I have written to Equity Development questioning the exuberance of their
reportage ...

... and await the appointment of the new Chairman {or have they forgotten that Francisco Soler is only Interim?}.

[jimmygee2] 21/5/2015 14:10

This is probably my favourite company doing absolutely everything right. As Paul Scott said a "sleep sound at night share", but until I see a breakout I'm not buying anymore. Traded sideways for so long.

[brummy_git] 21/5/2015 12:05

Here is a copy of equity developments research note out today.

hxxp://www.equitydevelopment.co.uk/doc/1356.pdf

[meijiman] 21/5/2015 11:12

There is a note out from one of the white label houses -Equity Development?
Suggesting TP of 110p on comparability with sector peers. Plus upgrade to 4.4p for this year.

[piedro] 21/5/2015 10:21

... the 2nd chart - blue or red?



which is where the chairman is needed
IMHO

[deanroberthunt] 21/5/2015 10:17

Easy Tigers :)

[rcturner2] 21/5/2015 10:13

Piedro's chart shows clearly that normally H2 is worse than H1, but this year they have ball busted further growth in H2, roughly 100% compared to the previous half year. Growth would appear to be accelerating.

[mach100] 21/5/2015 10:10

Its is growing the dividend and there was a hint of a return of cash. Plus the US is not factored into the price. I am sure even Piedro is pleased today and he is a hard taskmaster.

[piedro] 21/5/2015 10:04

A chart or two ...

[rcturner2] 21/5/2015 09:50

That would be a long term aim I think, 3-5 years hence.

Simon Thompson and the IC love this stock, I expect we will get positive coverage as a result of the update.

[deanroberthunt] 21/5/2015 09:46

crack the US and it could be a mid cap :)

[rcturner2] 21/5/2015 09:43

It looks as though they have doubled profit in H2 compared with the same period last year. Fantastic performance.

[rcturner2] 21/5/2015 09:41

Financial highlights

-- Revenue up 15% to GBP7.4m (2013: GBP6.4m)
-- International sales up 26% to GBP2.4m (2013: GBP1.9m)
-- Pre-tax profit before share based payments up 57% to GBP1.1m (2013: GBP0.7m)
-- EBITDA up 25% to GBP1.5m (2013: GBP1.2m)
-- Basic EPS up 85% to 1.91p (2013: 1.03p)
-- Interim dividend of 0.585p per share (2013: 0.36p), an increase of 63%
-- Cash generative, with net cash at period end of GBP2.9m (2013: GBP1.5m)

[rcturner2] 21/5/2015 09:40

At the interim results they raised the dividend significantly.

[piedro] 21/5/2015 09:38

2niffy

I believe we should be waiting the appointment of the new Chairman first.

[deanroberthunt] 21/5/2015 09:37

does it still pay a dividend?