Acal Share Discussion Threads

[mfhmfh] 16/10/2017 09:27

Numis target price 370p.

[mfhmfh] 16/10/2017 07:35

happy holder here

[soundbuy] 16/10/2017 06:26

'As a result, full year earnings are now anticipated to be slightly ahead of our expectations.'


....blah blah............

'........ lifting the Group's forward order book to another record period end high.'

[soundbuy] 16/10/2017 06:18

That'll do...........

[soundbuy] 10/10/2017 14:19

Lively today.........

[rivaldo] 10/10/2017 10:33

Another new agreement from the last 2-3 weeks (dated 21st September):



"Acal BFi signs exclusive pan-European agreement with onboard video and image processing system specialist, SightLine Applications

Acal BFi has entered into an exclusive distribution agreement to provide advanced video processing products from SightLine Applications across Europe. SightLine’s advanced embedded systems deliver high performance video processing in compact, lightweight, low-power packages, which can now be integrated into more customer designs with the support and expertise of Acal BFi.

SightLine’s suite of products is field proven and ideal for both aerial and ground based applications, including manned and unmanned systems. Deployed across many environments - including emergency response, forest fire detection, ISR missions, and wildlife observation - the technology has proven to be instrumental in the capture of critical data used to protect and save lives. When combined with Acal BFi’s extensive imaging and thermal core portfolio of solutions, including FLIR, for which Acal BFi is an official European solutions provider, SightLine’s products enable system designers to create truly innovative, complete imaging solutions.

SightLine’s low size, weight, and power solutions add video stabilisation, scene and object tracking, detection algorithms, focus telemetry, multi-camera presentation, and image enhancement to a customer’s existing design, adding incredible value.

Alex Schneider, Business Development Director at Acal BFi commented; “The addition of SightLine video processing hardware and software products to our thermal core and imaging portfolio represents a great opportunity for the fast moving civil and military surveillance market. SightLine modules are among the smallest available and provide critical functions like video stabilisation and the automatic detection and tracking of moving objects, bringing immediate value to security, surveillance and monitoring system designers”

Mark Zanmiller, Business Development Director at SightLine Applications added “Acal BFi was uniquely positioned in the market to offer the level of customer support required to integrate our technology into customer designs. Acal BFi is also well established in the military and aeronautical marketplaces, providing innovative solutions to the industry. These can now be greater enhanced with our technology with the support from both Acal BFi and SightLine engineers.”"

[mfhmfh] 09/10/2017 16:23

£427,000.00 buy today 305p.

[rivaldo] 09/10/2017 13:12

Cheers mfh - next Monday it is then.

You prompted me to find the ACL investor calendar :o))

[mfhmfh] 09/10/2017 07:59

trading update on 16th this month.

[rivaldo] 09/10/2017 07:44

News - great to see ACL's subsidiary described as "European leader in advanced technology solutions in photonics and lasers". Anyone invested in IQE will know all about the hyper-growth being experienced in these areas:



"Qioptiq Announces Distribution Partnership
Published on 9 October 2017

Qioptiq, an Excelitas Technologies company, announced a new distribution partnership with Acal BFi, the European leader in advanced technology solutions in photonics and lasers. This partnership effectively increases application support and enables more sectors to benefit from Qioptiq’s leading laser technology across Europe.

Recognized on a global scale for its high-quality, ultra-stable solutions, Qioptiq designs and manufactures precision lasers to serve a wide range of applications across medical technology, life science, scientific research and discovery, advanced manufacturing, semiconductor, defense and aerospace.

Supporting customers with three decades of technical expertise

Acal BFi has supported customers in this market space with technical expertise for more than three decades, and is uniquely positioned in the market to advance customer designs with Qioptiq’s leading-edge laser technology. Together, Qioptiq and Acal BFi can develop and provide complex, custom laser solutions quickly and efficiently."

[rivaldo] 09/10/2017 07:18

Peel Hunt today reiterate their Buy and 360p target price:

[rivaldo] 26/9/2017 11:00

I've just seen a review of ratings in ACL's previous Support Services sector. The average current year EV/EBITDA is 12.5 - ACL's is only 8.8, and the lowest of all the 7 companies listed in the review. This falls to 8.2 next year.

As for P/E, the average current year P/E is 20.2 - ACL's is 14.1, the second lowest. The average falls to 18.4 next year, with ACL's falling to 13.1, again the second lowest.

[mfhmfh] 20/9/2017 16:14

some big buys today

[rivaldo] 14/9/2017 06:16

Interesting RNS - ACL are to be reclassified to the Electronic and Electrical Equipment sector from the Support Services sector. I wonder if this sector commands a higher average rating....?



"This reclassification reflects Acal's successful transformation over recent years, from a distribution company to an international designer, manufacturer and supplier of custom electronics including the acquisition of 13 businesses and five non-core disposals."

[mfhmfh] 05/9/2017 11:03

Continuous weak pound should help even more. IMHO.

[soundbuy] 05/9/2017 08:36

Agreed, looking for a return to highs barring macro upsets/WW3 etc..........

[rivaldo] 05/9/2017 08:06

...and now paying 305p.

Next month's H1 trading update should be strong given the excellent Q1 update in July:

""We have had a good first quarter with widespread sales growth. Additionally, our order book has grown further which will drive sales growth in the year ahead. We are confident of delivering further progress through the year."

[rivaldo] 31/8/2017 12:29

Good to see buyers paying 300p again.

[soundbuy] 18/8/2017 12:00

Saw the dip - had to log into dealing account and..............grrrrrr

[sharw] 17/8/2017 20:07

Not really "moved to" - just a result of the merger:

As a result of the completion of the court-sanctioned scheme of arrangement and all-share merger under Part 26 of the Companies Act 2006 of Aberdeen Asset Management PLC and Standard Life plc which became effective on 14 August 2017, this notification details the assets under management of the new Combined Group ('Standard Life Aberdeen plc') as of the dates noted above.

[mfhmfh] 17/8/2017 16:16

Standard Life Aberdeen plc have moved to 9% holding.

[soundbuy] 01/8/2017 15:40

That'll do.......

[rivaldo] 01/8/2017 13:16

Nice. New highs, and buying coming in at 330p and 332.25p now.

[soundbuy] 26/7/2017 09:55

Cheers for that........

[rivaldo] 26/7/2017 09:37

Not for long SoundBuy :o))

Tipped again here....



"Two high-growth small-caps I’d buy to retire on

Small-cap investing can be a bit of a hit or miss venture, but I believe looking to smaller stocks that are less frequently covered by analysts can unearth some great companies whose shares trade at bargain prices while offering phenomenal long-term capital appreciation prospects. And I think I’ve discovered two such under-the-radar options in speciality electronics manufacturer Acal (LSE: ACL)....

Exploiting its niche with aplomb

Acal started out as a pure distributor of speciality electronics for customers in sectors as varied as photonics, communications, magnetics and sensors. But after years of serving as a go-between for manufacturers and customers, it realised there were gaps in the market that it could fill with its own products.

And thus the company’s design and manufacturing (D&M) segment was born. This part of the business now accounts for over half of all sales and is growing at a rapid clip through organic expansion and acquisitions. In the year to March, sales from this division grew 28% year-on-year (y/y) to £175.6m and accounted for over 80% of the group’s £20m in underlying operating profit. On top of growing faster than group overage, operating margins of 11.5% last year were more than triple that of the distribution side of the business.

Now, the distribution business still has a role to play in gathering market intelligence, providing a reliable sales outlet for the groups in-house products and increasing cross-selling from its myriad manufacturing companies.

And for investors like myself who prefer their small-caps profitable and with a healthy balance sheet, its relatively small £30m in net debt presents a very manageable sum. With a great record of organic and acquisition-led growth, rising margins and a respectable 2.8% dividend yield, I believe Acal is a great business trading at a very reasonable valuation of 13.7 times forward earnings."