Yougov Share Discussion Threads

[johnrxx99] 22/1/2010 08:07

pf, not tanked, lol

[markie7] 22/1/2010 07:57

well, it is down a third in less than a month

[pictureframe] 21/1/2010 17:47

Looking at the trades today this has BAD NEWS COMING thats been leaking imo.

What is perplexing is why the share price has not tanked?

[johnrxx99] 19/1/2010 05:57

Quite a slide even though Decembers trading update was confident of the full years figures. Needs some good news to get things moving I suspect.

[panachegrp] 05/1/2010 14:25

what's with the volume today?

[bubbleandleek] 17/12/2009 14:57

all buys? so no-one sold them? ;-)

[panachegrp] 17/12/2009 14:36

good volume today...no movement in price? Looks like all buys.

[markie7] 11/12/2009 18:19

delayed reaction to AGM veiled warning?

[panachegrp] 11/12/2009 14:37

anyone know why the share price is falling?

[bubbleandleek] 22/10/2009 09:18

just bought a load of these. valuation underpinned by E-REWARDS bid for RESEARCH NOW. attached is the latest note from Panmures.

Upgrade to BUY

We now upgrade YOU to BUY with a target price of 60p. On the back of the eRewards approach for Research Now (430p cash per share, 30% prem), YouGov is an obvious target for further industry consolidation. Implied RNOW exit is c.1.3x EV/Sales, which is also very supportive.

RNOW offer: Research Now has received a 430p per share all cash offer from e Rewards, as US based company specialising in online research panels.

Striking premium: The offer is at a 30% premium to the undisturbed RNOW share price (e.g 330p). It remains to be seen if it crystallizes further industry bidders. Meanwhile, the RNOW text seems supportive of the approach in terms of some relevant stakeholders (e.g clients, employees).

Implied RNOW exit multiple: This is an implied exit multiple of c.20x historic PER, or c.15x forward PER (based on consensus). At the proposed exit share price of 430p, the EV/Sales is c.1.3x.

Sector read-across: There has already been a step-up in sector-related M&A over the last year or so. Against an improving macro backdrop, with weak sterling, we would expect this to continue. In this context, YouGov is an obvious target for further industry consolidation (crudely YOU and RNOW are bedfellows).

Implied valuation for YOU: YOU trades on.0.7x EV/Sales at present. Margins have admittedly been badly affected over the 18 months. However, there is a material discount to RNOW indicative exit (e.g 1.3x). In this context, a revised YOU target price of c.60p should be conservative.

[pictureframe] 21/10/2009 16:41

Looks like it has gone to sleep for another 6 months

[panachegrp] 13/10/2009 15:36

I really would like someone to explain the volume and trades going through today please !

[panachegrp] 12/10/2009 13:39

This is the best we could get today !

Market research firm YouGov edged ahead a penny at 50.25p, despite saying it slipped to a loss of £0.7m in the year to end-July.

[panachegrp] 12/10/2009 08:09

No surprises in the results - £12.5 mill in the bank. Not bad I suppose.

[panachegrp] 09/10/2009 14:09

L2 4v1 - Lots of buying today but no upward movement in the price. What's that all about?

[pictureframe] 08/10/2009 15:29

I think Monday will see this re rated. Its been stuck here for months despite the general market rally

[pictureframe] 08/10/2009 12:02

Just bought a small amount can see cost reduction and bedding down of recent takeovers

[panachegrp] 08/10/2009 11:13

all buys today - results on Monday !

[panachegrp] 28/9/2009 19:30

Thanks Cammy - very useful. Appreciate it.

[cammy3] 27/9/2009 19:09

Panachegrp

See article below which was published in Guardian back in August. At that time Numis downgraded yougov from 62p to 58p. The recent Numis note (Sept) has upgraded to 67p. A bit of a step change in such a short period. They Must be comfortable company is doing well. German election just finished, I wonder if this has anything to do with the upgrade.

Pollster YouGov cheers marketComments (0)

Buzz up!
Digg it
Polling and market research company YouGov is in demand today after reassuring the market that trading over the last 12 months was "in line with current market expectations".

The shares are up 4p, or 7.7%, at 56p.

The company admits the trading environment is "difficult" and will remain "challenging" until at the end of 2009 but says it is starting to see benefits from its cost-cutting.

The company tells investors:

"YouGov continues to have a strong balance sheet, is cash generative and remains well placed to support its strategic plans.

All of the Company's geographies have performed as expected in the last six months, including the recently acquired Clear Horizons business in the US."

"YouGov has recently been appointed to the UK Government's Central Office of Information Market Research framework which will enable us to compete for a wider range of pubic sector research projects."

It also flags up a potential lift in coming months from political polling activities in Germany and the UK thanks to forthcoming elections.

Analysts at Numis said in a note:

"We highlight YouGov's strong brand, profitability, cash generation
and solid balance sheet and retain our add recommendation."

"Although we expect the trading environment to remain challenging, we believe the structural opportunity remains firmly intact."

But they cut their price target to 58p from 62p because they take a "more cautious view on fiscal 2010" and are adjusting forecasts to
"reflect lower interest on cash balances" and lowering their upper-end pre-tax profit and earnings per share estimates from £6m/3.8p to £4.6m/2.8p.
Posted by

[cammy3] 27/9/2009 18:48

Results in 2 weeks - election work maybe strong. They did mention in last report about German and UK election work. About time this share was moving north - strong cash generator and 13m already in the bank.

[panachegrp] 27/9/2009 10:30

a bit of activity on Friday...something happening?

[panachegrp] 25/8/2009 11:02

looking better...L2 5v1 - quite a few buys only over the last few weeks...

[johncraven] 11/8/2009 11:10

well it did bounce to 60p+ so right again haha. rather quite stock this. short placed after trading statement. Good luck