4imprint Share Discussion Threads

[cfro] 31/5/2011 17:22

Ticking up. Apparently its going to be in the FTSE small-cap re-shuffle coming up on June 8th. That will give it a little boost.

[simon42] 20/5/2011 09:58

Resistance around the mid 270's but if we can get over that hurdle (maybe even today?)the share price should run imo.

[epsilon mojo] 20/5/2011 09:41

Pension deficit the only negative here Lucky_Lady, but heading in the right direction - along with revenue, profit etc....

As you say, very undervalued although it seems the market is finally waking up to this anomaly; also looks like it will make it into the Small Cap at the June review, which should underpin these gains & imo make £3+ a real possibility over the next few weeks (or days at this rate?).

[lucky_lady] 20/5/2011 08:26

Can someone correct me if I am wrong

A company with very little debt
A Market Cap of £69m with a Profit before Tax of 8.09m
A dividend that has risen over the last 5 years and is now paying 5.6%
A PE of 7.7
Last statement said they are ahead in most areas.

Seems very undervalued in my opinion. Whats not to like.

Can someone tell me if there are any negatives that I might of missed?

I have just bought in.

[battlebus2] 19/5/2011 16:25

So. nice to refresh the memory.

[napoleon 14th] 19/5/2011 14:04

Cool, bb2.
Such analysis is a pleasure to share!
It isn't "news" as such; published 18/04/11, so I had no qualms reproducing it.

I had a further look at the chart, longer term, & my T1 is in fact more like 350p from '06/'07, tho' the resistance of the current uptrend could be an obstacle at c.320p.
It looks like half way thru' a BOWL - CR style - which ends at 500p; a bagger!

A pretty picture over all.

[battlebus2] 19/5/2011 13:40

Yes i was waiting for his comment not that we didn't already know the low rating here but he brings it into the open.Thanks Napoleon.

[napoleon 14th] 19/5/2011 13:23

A reminder:

David Schwartz (FT) 180411 seems to have got this right:

Turning to my own portfolio, 4Imprint (FOUR), a manufacturer and distributor of promotional products, continues to interest me. Its shares have risen since I first wrote about it six months ago but several fresh signals suggest there is a lot more juice in this tank.

As the graph shows, prices have a history of drifting sideways for several months and then suddenly shooting up after colliding with the 150-day moving average. If the past is any guide, the time is ripe for a fresh bounce. A possible trigger is the interim management statement that will be issued later this month.

The house broker's latest forecast also catches my eye. I believe it is too conservative.

I scrolled back over the past six years and noticed that revenues generally rose by 15-25 per cent per year. The single major exception was in 2009 when the worldwide recession was at its worst. Given the optimist trading statements recently released by 4Imprint, I would not be surprised if the broker's 11 per cent revenue growth forecast is comfortably exceeded.

A recovery within the US small-company segment provides potential for even bigger gains. 4Imprint generates almost two-thirds of its revenues in the US. The majority of its customers are small businesses. This segment suffered very badly in the recent recession. A serious stumbling block for them was a lack of access to bank borrowing.

According to High Frequency Economics, a well-regarded forecasting firm, the bank borrowing window is beginning to open to small US companies. Concurrently, survey evidence from the National Federation of Independent Businesses reveals that small business optimism is beginning to rise after three years of declines.

These improving conditions have the potential to further boost 4Imprint revenues and profits, which are not yet reflected in City forecasts.

Other positive points include a rising dividend trend and a price-to-earnings ratio of less than 8 for the current year (which will be even lower if my expectations are fulfilled).

It is difficult to avoid concluding that 4Imprint shares are ripe for a solid bounce.

____________

All this type of resoning has been promoted on CR's thread.

Also, seems to be breaking out of that 2011 pennant. Target 1 = 300p imo.
I hold.

[epsilon mojo] 17/5/2011 20:10

About time battlebus2, long may it continue ;-)

[cfro] 17/5/2011 17:33

That was a nice move towards the end, especially as the markets were falling! :0))

[battlebus2] 17/5/2011 17:18

Episilon Mojo we are now moving.

[simon42] 17/5/2011 15:12

Very nice move on up in poor markets.

[chrisb1103] 17/5/2011 14:47

Moving again here... don't reckon there's too much stock around tbh so maybe start of that bigger move from here?

[cfro] 13/5/2011 17:24

Finally a little movement. Hopefully we will receive an even bigger move next week.

[battlebus2] 13/5/2011 13:33

Starting to move up again after those couple of trades.

[epsilon mojo] 05/5/2011 22:55

Let's hope so battlebus2, been holding for over six months now & starting to get somewhat frustrated by the lack of movement here.

Rather non-plused by the relentlessly cautious outlook from brokers/directors in the face of such strong fundamentals - looking for a change in tone by the interims.

[interceptor2] 05/5/2011 18:58

Agree about chunky dividends received yesterday :-) and into the ISA account, even better.

Next update normally due the end of June.

ic2.......

[cfro] 05/5/2011 17:13

Atleast i've had a lovely chunky divi added to my account today.

[battlebus2] 05/5/2011 16:11

All can change quickly so don't be fooled by today.

[epsilon mojo] 05/5/2011 14:28

Not too surprised at the fall given the extremely cautious outlook for eps growth; seems I may have to wait until after the interims for £3-4 (as will the directors for their overly generous options).

[kimball808] 05/5/2011 11:55

good buying point...

[battlebus2] 04/5/2011 20:09

Dividend was paid today.

[chrisb1103] 04/5/2011 18:33

Thanks for the forecast updates ic2, room to beat there i'd have thought? seem quite unexciting as you say CR so plenty of room for upgrades which I'd have thought from the recent statement and the confidence they are showing for their weaker quarter are looking quite probable. So still seems on for a decent rise here imo, maybe just need to watch for a bit of volume to clear before we get the next leg up?