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TIG Team Internet Group Plc

144.60
1.20 (0.84%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Team Internet Group Plc LSE:TIG London Ordinary Share GB00BCCW4X83 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.20 0.84% 144.60 144.20 144.40 145.00 141.00 145.00 389,264 16:35:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Consulting Svcs,nec 728.24M -2.08M -0.0076 -190.00 393.7M
Team Internet Group Plc is listed in the Business Consulting Svcs sector of the London Stock Exchange with ticker TIG. The last closing price for Team Internet was 143.40p. Over the last year, Team Internet shares have traded in a share price range of 108.00p to 145.00p.

Team Internet currently has 272,645,318 shares in issue. The market capitalisation of Team Internet is £393.70 million. Team Internet has a price to earnings ratio (PE ratio) of -190.00.

Team Internet Share Discussion Threads

Showing 10526 to 10550 of 10550 messages
Chat Pages: 422  421  420  419  418  417  416  415  414  413  412  411  Older
DateSubjectAuthorDiscuss
26/3/2024
18:53
Yes, looks like she is on the move. The previous high was 160ish, no reason why we can’t get back there again and beyond.
robsy2
22/3/2024
08:19
Nice start - up 2p already on a very healthy 212,000 shares traded in just the first few minutes of trading.

Looks like a move up chart-wise too.

rivaldo
21/3/2024
22:28
Been away for a couple days and seen the criticism of the dividend - plain daft!An income investor would never own a company like TIG even if the yield was 6%. Income investors want certainty, security and boring companies. Only reason for TIG to pay a dividend is simply that some can't hold companies where there is no yield. So it brings in some funds and also helps demonstrate the cash flow
adamb1978
21/3/2024
17:48
I wouldn’t follow me mate. It’s gone up!
deanowls
21/3/2024
17:17
So as it stands today there are no metrics available to shareholders to understand what are the ambitious financial goals that are expected from Shinez over the next two years. Who the 6 million a year over the next two years is going too. Agreed, the connection to an Israeli tech company has got me reconsidering my position this week. Thanks for sharing your thoughts.
indiestu
21/3/2024
16:39
https://masterinvestor.co.uk/equities/small-cap-catch-up-bms-ztf-cury-and-more/Team Internet Group (LON:TIG) – Berenberg Ups Target Price To 185pAfter this week's results analyst Ciaran Donnelly at Berenberg upped his Target Price to 185p, while rating the shares as a Buy.He noted that the results were 7% ahead of his firm's forecasts for gross sales and 6% ahead for adjusted earnings.In terms of the full-year 2024 outlook, Donelly stated that the group's management is confident that it will meet current market expectations.He said the valuation was an 'undemanding' 8.2 times full-year 2024 price to earnings and that the shares offer a free cashflow yield of 14%.They closed last night at 134.80p – which is a level way below its peers, I stay confident of my Target Prices being achieved this year.
tole
21/3/2024
16:14
I can understand not wanting to detract from results however it would have been great to get information and be able to ask questions on the calls surrounding the acquisition.

We have come out of a year where there has been a large deferred payment now a takeover with another one thrown in.

Would have been great to see cash flow through.

Ultimately I don’t understand the business as don’t a lot of private investors and anyone coming out with any sort of allegations alleging any wrongdoing as these shorters tend to do and I would have had too much exposure here.

deanowls
21/3/2024
15:36
I understand your reservations. I would appreciate your thought's regarding the concerns you have with the acquisition being announced the day after results.
indiestu
21/3/2024
15:14
2p dividend will not attract investors. Thats a 1.5% yield. You can earn more from cash.
indiestu
21/3/2024
14:43
2p dividend is bound to attract few investors.
azaman
21/3/2024
14:17
We'll agree to disagree! However, things are certainly looking positive as I write, with buyers paying the full 138p offer price.
rivaldo
21/3/2024
13:53
I could overlay the TIG chart on to the ftse 250 chart and say with confidence that the price fluctuations of TIG have been aligned with general market conditions for the past 12 months. The TIG 200 day MA is 125 pence. That's all that serious buyers are prepared to pay. Monday's price action confirmed this.
indiestu
21/3/2024
13:31
TIG restarted the buybacks last year when the share price was around 111p. This hasn't stopped the share price advancing to the current 138p.

If there's an institutional buyer or two out there, and/or any material sellers run out of stock - as is hopefully now happening - then the share price will continue to climb, with or without buybacks. And of course news flow will further determine the course of the share price.

rivaldo
21/3/2024
13:20
Of course they are correlated. TIG have stated the maximum price they are prepared to pay for their own shares. Until their purchase order is complete it is very unlikely the price will materially advance. I only need to look at other companies I own or have owned to recognise that pattern.
indiestu
21/3/2024
12:47
I e struggled with this last takeover and to save my sanity have exited for now. So there’s the signal for it to rocket!

Can’t get how it’s announced the day after results, the fact it is Israeli and the issues the market has had with technology companies there, the amount of info I could find on linked in doesn’t signal a big happening company, maybe that’s not how they do things there? And the same with the last small acquisition in the states earlier in the year.

That said if it gives diversification from google and that multiple is genuine then it’s a great buy.

Gla, been here since the 70’s and no doubt leave some on the table for others.

deanowls
21/3/2024
12:45
If there are shares available in the market, how come TIG only managed to bye ~55K shares yesterday.
azaman
21/3/2024
12:30
The two aren't correlated - a share can lift off at any point. There's no way anyone can state anything "will" or "won't" happen on the markets so definitively, as I've found over the years!

Anyway, glad to hear that there's plenty of headroom to continue the buybacks.

rivaldo
21/3/2024
11:18
No lift off until the share buy back is complete. I calculate they have sufficient spare cash to extend the buyback even following the recent acquisition.
indiestu
21/3/2024
11:12
Great to see the price up nicely on such healthy volumes with almost 1.4m shares traded....lift-off finally?
rivaldo
21/3/2024
10:22
Is there still a big seller operating?
1watty
21/3/2024
09:57
Fair bit of volume already today, maybe all the recent news has been digested.
diesel
20/3/2024
17:58
Master Investor-Team Internet Group (LON:TIG) – Back On The M&A TrailJust under 500,000 shares still left to be bought back, is my back of the envelope computation – which would take only another week or so before completion.On Monday morning the global internet company declared its results for its year to end December 2023.They showed revenues up at $836.9m ($728.2m), adjusted EBITDA was 12% better at $96.4m ($86.0m), generating a 32% improvement in earnings at 23.22c (17.56c) and enabling the 'hefty' doubling of the final dividend to 2.0c (1.0c) per share.Disappointingly, the group's net debt was 31% higher at $74.1m ($56.6m), which was after several different payments including the $39.7m cash spent by the end of 2023 on share buybacks.Analysts Bob Liao and Carl Smith are obviously impressed by these record results, stating that in their view –"The company's strong track record, cash generation and growth opportunities, both organic and inorganic, are not reflected in its 4.8 times 2024 EV/EBITDA multiple."They look for $868.9m revenues this year and $98.3m adjusted EBITDA, taking earnings up to 25.4c per share.For the 2025 year they see $921.2m revenues, adjusted EBITDA of $104.5m, lifting earnings to 27.3c per share.Max Hayes a Edison Investment Research is looking for $103.0m adjusted EBITDA this year and $106.1m next year, lifting earnings up to 25.8c then 27.1c respectively.Following the latest acquisition Hayes, reckons that its benefits combined with continued operationally geared organic growth, could help to drive the stock's upside.Apparently, the market was none too impressed with the group's performance, after hitting a high for the day at 138.71p before knocking the shares down 11.40p to 125.20p, they closed that day at 134.80p, off only 1.60p on the day.However, yesterday the group came out with the bolt-on acquisition of the Shinez I.O. online marketing business for an initial $42m consideration, being paid for out of cash reserves and revolving credit.Last night, perhaps hardly reflecting the market's view of the latest acquisition, the shares closed at 135.40p.Hold tight, hoping for market stock and share price appreciation
davebowler
20/3/2024
06:49
As I’ve said many a time before on here, the Mgmt team at TIG have not once put a foot wrong. No other AIM company in my view has delivered such a set of consistent yet high growing numbers.
ggrantsu
19/3/2024
23:12
The management here have proven themselves many times - including achieving excellent growth in 2023, far greater than most and probably all other companies in this sector, and this despite value capture rates per thousand dropping some 10% in the period.

Michael Riedl and his team know this business inside out, so we should trust that they have very good reasons for today's acquisition. The cheap acquisition multiple is one thing, but I suspect that the increased throughput and achievable synergies which can be expected to follow are significant and material.

rivaldo
19/3/2024
19:26
Why do you think this was "cheap"? Yes, it's "just" 4x EBITDA, but asset doesn#t seem to be of high quality. I mean obviously, I am not an expert for those kind of assets, but it isn't a software company either.

Best way to build trust would be just returning capital to shareholders and not blending growth via acquisitions.

patsc100
Chat Pages: 422  421  420  419  418  417  416  415  414  413  412  411  Older

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