Amstrad Share Discussion Threads

[alexchry] 06/3/2006 13:48

It would equate to a little under £2.50.

[netcurtains] 06/3/2006 13:47

a typical non-growth stock - Young's Brewery.
It makes about £9M a year and has a market cap of £160M.
Or Logica makes about £40M a year and has a market cap of £2Billion.

So Amstrad, with profits of £20M should hava a modest aim of £3 a share. I mean it is still in a growth phrase as well. I do feel that is a conservative aim.

[netcurtains] 06/3/2006 12:46

a modest aim would be to have a mrk cap 10 times the annual profit.
£200M. Which I think equates to about £3 to £3.50 a share. Or a 50% to 60% rise in price

John

[alexchry] 06/3/2006 12:43

I put the relevant IC summary in post 2542. The expanded version is "So, with the shares trading on a modest 12 times earnings and backed by 59p of net cash, there is scope for upside. Good value." The rest of the article says nothing new - just read the interim report - except that Evolution are forecasting £20M full year.

[bitterlemontart] 04/3/2006 19:10

INVESTORS CHRONICLE



Very good write up in this weeks edition of the INVESTORS CHRONICLE....

Summary....AMT are GOOD VALUE !!!!

P.S. - does anyone have access to the online version of the INVESTORS CHRONICLE ?

If so could you please copy the article onto this thread....

[netcurtains] 04/3/2006 18:41

oh, 203 then. lol

[Abuse team] 04/3/2006 01:39

Post removed by ADVFN

[alexchry] 04/3/2006 00:46

Netcurtains - the dividend is 2.5p so how do you get to 210 from 201?

[netcurtains] 03/3/2006 20:53

pretty good performance concidering we have just had a large dividend.
I think if you factor in the dividend the CURRENT price for holders is about 210 not 201.

buyers on Monday, therefore, are getting a 10p discount. lol.

John

[alexchry] 03/3/2006 11:37

IC - ...scope for upside. Good value. As if we didn't know!

[toucan] 01/3/2006 11:20

Yes thanks again peeps
Befor posting my question I did phone the co. registrar's to ask them.
They did'nt know. lol

[bitterlemontart] 01/3/2006 11:05

Yotter - thanks again !

[bitterlemontart] 01/3/2006 11:04

Ex
When a stock or dividend is issued by a company it is based upon an "on register" or "record date". However, to create a level playing field when shares are traded on the London Stock Exchange during this benefit period an "ex" date is set. Before this "ex" date if shares are sold the selling party will need to pass on the benefit or dividend to the buying party.



Ex Capitalisation
Trading has previously commenced "ex" capitalisation on this stock.



Ex Capitalisation Today
Trading has commenced "ex" capitalisation on this stock today.



Ex Dividend
Trading has previously commenced "ex" dividend on this stock.



Ex Dividend Today
Trading has commenced "ex" dividend on this stock today.

[yotter] 01/3/2006 10:57

Last night (I believe).

imho, pdyor

[bitterlemontart] 01/3/2006 10:52

Yotter - is that XD at the close of business last night or is it at the close of business tonight ?

[yotter] 01/3/2006 10:51

BitterLemonTart,

It's all on the fundamentals page (same as yesterday).

[yotter] 01/3/2006 10:49

Ex dividend today (1/3/06)
Record date 3/3/06
Pay day 6/4/06

I'm happy to note that:

1. The dividend is already in my cfd account.
2. Going ex dividend has hardly moved the share price today.

Bodes well, I'm hanging onto these beauties !

[bitterlemontart] 01/3/2006 10:47

AMT website maybe ?

Anyone know the URL ?

[bitterlemontart] 01/3/2006 10:46

Where can we double check ?

[toucan] 01/3/2006 10:41

Thanks CR. I don't remember ever being around at qualifying times for a divi.
I am still confused by this from the report though :-

"The interim dividend is to be increased to 2.5p (2004: 2.0p) per ordinary share
to be paid on 6 April 2006 to shareholders on the register as at 3 March 2006."

[cockneyrebel] 01/3/2006 09:56

XD always on a Weds except with rare exceptional divis sometimes.

CR

[toucan] 01/3/2006 09:08

What's with the XD flag? Wasn't it posted in the trading statement that qualifying date would be March 3rd, this Friday?

[bitterlemontart] 01/3/2006 09:00

www.ft.com



FINANCIAL TIMES



The importance of a television link

By Danny Vincent

Published: February 18 2006 02:00 | Last updated: February 18 2006 02:00

Sir Alan Sugar, chairman and founder of Amstrad, the consumer electronics group, will return to our screens on BBC 2's The Apprentice this week. The series goes on air as Amstrad shares are in favour. While the relationship between the group's performance and the chairman's TV career may be coincidental, the importance for Amstrad of its link with BSkyB is far less tenuous. BSkyB's aggressive drive in marketing its Sky + "smart" personal video recorders, which Amstrad produces, has lifted Amstrad, which suffered a decline in its share price in September. Its 3 per cent dividend yield is in line with the sector but Amstrad's positive trading statement in January was in sharp contrast to Pace Micro Technology. Altium Securities believes Amstrad will continue to benefit from its commitment to BSkyB. Analysts at WH Ireland have increased pre-tax forecasts for Amstrad to £20.4m for 2006. With its shares trading just above 200p, on a forward p/e ratio of 11, Amstrad is at a premium to the sector. With spare cash on its balance sheet, analysts believe a special dividend could be paid in the next two years. Danny Vincent



The rest of this article is for FT.com subscribers only

[bitterlemontart] 01/3/2006 08:55

SUNDAY TELEGRAPH



Market miscellany

Edited by Edward Simpkins

(Filed: 19/02/2006)



Amstrad

Sir Alan Sugar, the chairman and chief executive of Amstrad, does not like surprises, according to his TV adverts for National Savings. But he must have enjoyed presenting a nice surprise for Amstrad shareholders last month when he said the company would beat analysts' profit forecasts for the year.

The electronic consumer goods group will report full-year results on Wednesday and analysts expect pre-tax profits to top £20m. Amstrad is doing particularly well supplying Sky+ digital video recorders to British Sky Broadcasting. It is also enjoying rapid growth in its business supplying Sky Italia.

Pace Micro, an arch-rival to Amstrad in the set-top box market, is struggling and analysts believe that Amstrad is the main beneficiary.

Sugar's company is trading on a p/e ratio of 11.68, compared with a market average of 14.29. Shares in the company have risen strongly from 150p at the end of December to 203p at close on Friday. But we think they still have some way to go.

Buy.

[bitterlemontart] 01/3/2006 08:55

www.ft.com



FINANCIAL TIMES



The importance of a television link

By Danny Vincent

Published: February 18 2006 02:00 | Last updated: February 18 2006 02:00

Sir Alan Sugar, chairman and founder of Amstrad, the consumer electronics group, will return to our screens on BBC 2's The Apprentice this week. The series goes on air as Amstrad shares are in favour. While the relationship between the group's performance and the chairman's TV career may be coincidental, the importance for Amstrad of its link with BSkyB is far less tenuous. BSkyB's aggressive drive in marketing its Sky + "smart" personal video recorders, which Amstrad produces, has lifted Amstrad, which suffered a decline in its share price in September. Its 3 per cent dividend yield is in line with the sector but Amstrad's positive trading statement in January was in sharp contrast to Pace Micro Technology. Altium Securities believes Amstrad will continue to benefit from its commitment to BSkyB. Analysts at WH Ireland have increased pre-tax forecasts for Amstrad to £20.4m for 2006. With its shares trading just above 200p, on a forward p/e ratio of 11, Amstrad is at a premium to the sector. With spare cash on its balance sheet, analysts believe a special dividend could be paid in the next two years. Danny Vincent



The rest of this article is for FT.com subscribers only