4imprint Share Discussion Threads

[battlebus2] 04/5/2011 17:46

I think these will jump very quickly soon so hold tight.

[cockneyrebel] 04/5/2011 15:52

Not sure what to make of Peel Hunt's forecasts - unexciting but then the might be holding back till the result are out.

CR

[farnesbarnes] 04/5/2011 14:51

I'd hope for positive share price movement before August ic2. Seems to me the chart is readying itself for a move sooner rather than later.

[interceptor2] 04/5/2011 07:23

Peel Hunt forecasts do seem very conservative, but at least they are starting to increase them now. 4imprint increased net margins in 2010 to 4.4%, which is already at the height they reached in the last cycle when the price was 500p. Half year results in August should be the catalyst here imo, plus news on the pension deficit.

ic2.......

[epsilon mojo] 04/5/2011 00:27

Agree - very cheap & good to see the first of several upgrades imv, but still incredibly cautious forecasts for eps growth - only 3% from 2011 to 2012 despite 15% increase in PBT.

Views anyone and/or a Peel Hunt note on this?

[interceptor2] 03/5/2011 21:27

Peel Hunt have increased forecasts. See below.

2011-PBT = £11.60m and EPS = 34.66p
2012-PBT = £13.34m and EPS = 35.77p

First of many increases this year imo. PER is now 7.5 and 7.25.

ic2.....

[battlebus2] 03/5/2011 11:21

Spread widening now 258/265 mm's covering themselves for the Schwartz update.

[epsilon mojo] 30/4/2011 00:56

Whilst the shareprice should be £3-50+ already, it isn't & I for one welcome any extra incentive for management to get it there as quickly as possible, however unpopular this may be with some.

Agree that targets set too low, though (I also hold via a nominee account & didn't vote).

[opener] 29/4/2011 12:32

I am a long term holder of FOUR,and for one am not surprised at the high NO vote to the new Performance Share plan.I hold via nominee accounts and have not registered to vote,but look at shareholder information via the 4imprint website.
The performance hurdles are ridiculously low £3,£3.50 and £4.00-the share price could/should be at that level already,just based on economic recovery (in other words little to do with management action).If the hurdles had been set at £5,£5.50 and £6.00 I think the shareholders would have found it more acceptable.
Think again please remuneration committee,the vote may have been passed,but a clear message has come from those voting (and now from one who hasn't!).

[joe say] 29/4/2011 07:31

44.5% against on the new Performance Share Plan !!!

I'd guess that this means a few institutions have said No, which inevitably is going to influence the share price surely ?

[glasshalfull] 28/4/2011 23:26

Smashing IMS and a share to tuck away.

Impressive performance given that the 2010 IMS had provided bullish figures and therefore good growth year on year.

More than content to be patient and wouldn't be surprised if they're above £3 when I next look.

Regards
GHF

[simon42] 27/4/2011 19:21

I remember when four went from 215p to 240p odd. It stayed at 215p for a couple of weeks after the update and then jumped in a heart beat to about 240pish with little warning. Maybe that was down to a seller at the time?

[chrisb1103] 27/4/2011 18:03

Good growth from their traditionally weaker first quarter means we're looking good for better still ahead i'd have thought. PE of less than 8 still seems way too stingy. Hope we'll get some more positive comment which would help to drive up the sp, also wonder if maybe there's a seller to clear as would have expected a sharper rise today myself.

[epsilon mojo] 27/4/2011 17:55

Agree CR - with around 60k in FOUR (which I consider quite a lot) I may have to do so myself at some point, just not yet.

[cockneyrebel] 27/4/2011 17:20

yep, I've learned to live with it a bit tho, needs a chart breakout to set buyers alight usually. Seems to be some always wanting to sell into news too but I suspect that's just due to the illiquidity - if you hold a lot you have to sell when you can, not when you want imo.

CR

[cfro] 27/4/2011 17:12

Nice reaction but i agree FOUR needs a jolly good kick up the jacksy to get it going. Excellent fundamentals and a compelling chart so it shouldnt take too much to move this rapidly imo.

[epsilon mojo] 27/4/2011 16:53

Agree that this was generally a very positive statement with particular strong growth in the key US market - just wish they could have shown more conviction in the final paragraph as to the year ahead.

FOUR clearly needs a catalyst to break free from its current malaise & saying that revenue & profit will merely be ahead of last year (the very least I would expect) doesn't, as yet, appear to be enough imo - as you say battlebus2, maybe Mr Schwartz can again help out here.

Still hold though & see these going much higher over the next 12 months, just very frustrated that it's taking so long on a day when BOY (that I monitored but chose not to buy) issued such a contrasting outlook statement with performance to match - c'est la vie.

[battlebus2] 27/4/2011 16:39

We can expect another favourable write up from Mr Schwartz in the F.T.

[cfro] 27/4/2011 12:34

Great statement! :0))

I view this as a play on American growth. Business there is clearly going great guns. As long as one believes that the Amercan economy will hold up then this remains a very good buy imo. Im happy to continue holding. May even add.

[interceptor2] 27/4/2011 10:23

14% revenue growth in the two divisions that produce 92% of revenue, bodes very well for the year. And looks like they have acted quickly to turn the much smaller SPS division around.

Agree it looks far too cheap.

ic2........

[epsilon mojo] 27/4/2011 10:18

Very positive update with continued strong growth where it matters - should be at least £3 on the back of this imv.

Could be held back by the strangely cautious final paragraph though - views anyone?

[cockneyrebel] 27/4/2011 10:12

Nice trading update - these have to be miles too cheap on a PE and for the divi after that surely.

CR