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ABA Abaco Capital

1.50
0.00 (0.00%)
07 Jan 2025 - Closed
Delayed by 15 minutes
Alba Investors - ABA

Alba Investors - ABA

Share Name Share Symbol Market Stock Type
Abaco Capital ABA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.50 00:00:00
Open Price Low Price High Price Close Price Previous Close
1.50 1.50
more quote information »

Top Investor Posts

Top Posts
Posted at 15/12/2007 09:39 by ydderf
but the forecast is still for a loss for the full year and no evidence of profitability the year after, so why buy now? best that can be said is that at this price it has a cap of just 30m - however debt is 24m so an enterprise value of 54m for a company estimated to lose 6m minimum in the full year, no div and no proven future......these metrics would have been 'cheap' six months ago, but you still have not adjusted to the bear market - only just beginning my friend - you will lose a lot of your lucky profits if you do not rethink your position............btw, have you ever experienced a bear market? i reckon you probably haven't been an investor long enough (last real bear maket was a very long time ago......how olong have you been active - i doubt more than 7-10 years?
Posted at 06/12/2003 16:47 by johnroger
Investors Chronicle report on results.Only rated as "fairly priced" but does admit to the Eastern European potential.

5 December 2003

ALBA (ABA)

It seems that UK consumers just don't want to stop spending. Alba reported a 19 per cent rise in sales at the UK electronics brands arm, and a 12 per cent increase in sales of domestic appliances and power products. DVD players remain a big seller, and are expected to be the top-selling product for the second year in a row this Christmas. But there was also strong demand for flat-screen televisions and smaller products such as MP3 players.

Chief executive Daniel Harris believes that a strong product pipeline for the next two years (including cheaper flat-screen televisions, recordable DVDs and better-quality MP3 players) leaves the future looking bright. The group plans to expand into home computers in Easter 2004.

Neither is a slowdown in consumer spending a major concern for Mr Harris, as he believes the cheaper end of the market will hold up better if customers start watching the pennies. Expansion by retailers, including Tesco and Dixons, into Eastern Europe is great news for Alba as it offers an instant market for its products. Sales in the European division jumped from £21m to £40m. KBC Peel Hunt forecasts full-year pre-tax profits (pre goodwill) of £29.8m, with EPS of 45.5p.



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Ord price: 635p Market value: £321m
Touch: 628-642p 12-month High: 650p Low: 380p
Dividend yield: 1.6% PE ratio: 14
Net asset value: 162p Net debt: 130%




--------------------------------------------------------------------------------
Half-year Turnover Pre-tax Earnings Dividend per
to 30 Sep (£m) profit (£m) per share (p) share (p)

--------------------------------------------------------------------------------

2002 210 7.8 12.7 2.05
2003 250 7.4 11.4 2.25
% change +19 -5 -10 +10

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Last IC view: 20 Jun 2003, page 53 Ex-div: 24 Mar Payment: 26 Apr


The UK continues to perform well and there are huge opportunities awaiting Alba in Eastern Europe. But the shares have risen over 60 per cent since February, suggesting the good news is factored in. For now, fairly priced.
Posted at 09/6/2003 07:01 by cockneyrebel
Big mark up on the open and chart breakout - looks like investors expect good results this week.

D