Apc Technology Share Discussion Threads

[simon templar qc] 14/12/2015 08:47

I bough another 50,000 today still cheap.

[webpax] 14/12/2015 08:10

There still seems to be a seller out there (Hendersons?) but sells getting mopped up.

[12trading] 12/12/2015 21:14

Simon Templar QC AS you say no overhang here as buyers will find out when they try buying.gl

[simon templar qc] 12/12/2015 16:24

Pugugly

Have been investing/trading a long time now and don't often like to pay over the odds. Forecasts 0.4 1.1 and 2.2. Bear in mind this is now a technology and growth stock so one would expect a premium pe ratio.

All that said I concur with 12trading its possible the share could retest the 7-8 however I don't see anything less than 7 pence. Market cap too cheap now at a little over £7 million with little net debt for a £30 million turnover company.

Prospective pe in 2018 suggest a share price at a x of 20 at not far off 90 pence for those that want to wait, however the share price could get there a lot quicker if the company performs better than expectations.

As for any overhang I haven't seen any massive sells, the odd 100,000. I took the biggest trade yesterday and couldn't get 100,000 in one go.

[pugugly] 12/12/2015 11:42

ST:_ Agreed indicators are good but still (imo) a lot of problems created/left by previous managment to be resolved (including I suspect a significant chance of loss making contracts) - There also (from share transactions appears to be a significant over hang to be cleared).

As a result suspect a 50/50 chance of the bid.offer dropping back to the region of 7/7.25 where there seemed to be strong buy demand last time - unless of course the buyer has achieved target %age, in which case (depending on stock overhang -v- new buying interest and sellers clearance price) I suspect 25% chance of a further 10%-15% fall below 7p. (all imo dyor cautions etc apply)

[simon templar qc] 11/12/2015 18:12

I also spoke with friends with market connections and the talk is the company share price 'more than doubling' in the short term.

I was wondering whether the share price would test the 7-8 pence but stock is still being taken up despite the recent fall, but not a lot of stock around.

It wouldn't surprise me if this becomes a new year tip then the share should motor.

I am told the audits been done its just a matter of putting the figures together and agreement on the actual figures. There will be a number of exceptional items but my understanding is it won't affect cash at the same amount.

I just hope they announce results earlier than later then everyone knows where we are actually at and can look forward to the future.

[playful] 11/12/2015 17:50

Welcome S.T

The big positive for me is the new man running the show, very level headed with his feet firmly on the ground.

You should have no regrets investing here, certainly at the current valuation and I also joined you in buying more today, so we both can’t be wrong ;o)

[simon templar qc] 11/12/2015 17:12

Hi all,

Interesting company of which I took a stake today having been on my monitor for some time.

Fortunately I have the latest broker note which gives me a clue how things are likely to pan out.

Market cap of a little over £7 million is too cheap for a technology company of circa £30 million year turnover, with little net debt.

Forecasts are for a loss last year (14/15) and 0.4p forecasts this year however these could be beaten if the company stays on track particularly with recent contract wins. By 2008 this company is expected to make in excess of 2 pence per share!

The distribution business has been going well the last few years and is still expected to perform reasonably strongly going forward.

The other side of the business should also start to perform strongly the next few years.

I like the "green" credentials of the company and the market not as yet taken full account of this business.

[playful] 11/12/2015 09:47

APC Preventing suicide at railway stations

www.directorstalk.com/apc-technology-apcdave-grant-stechyshyn-technical-manager-for-minimise-energy-preventing-suicide-at-railway-stations/

[playful] 05/12/2015 18:01

A clearer strategy at APC

[playful] 04/12/2015 16:11

Great to have you here C.M

[cheshire man] 04/12/2015 13:24

Took a few more of these yesterday, company seems to be heading in the right direction.........DYOR

[playful] 03/12/2015 12:28

Come on Richard get this on the website news page ;o)

[playful] 03/12/2015 12:27

Vitec Group has appointed Minimise Solutions to manage its Energy Savings Opportunity Scheme