Amstrad Share Discussion Threads

[darrin1471] 30/5/2006 07:19

Pace opens 15% down on profits warning.
This part have an effect on AMT.
"Pace, along with other set top box manufacturers and broadcasters has noted the potential re-interpretation by European Union customs authorities of customs regulations that could result in the extension of import duties to interactive set-top boxes manufactured outside, but imported into, the EU. The industry is working together on this issue."

[netcurtains] 26/5/2006 08:19

certainly looks excelent news for Amastrad

[aari] 24/5/2006 17:31

more demand than sky could supply re HDTV - if so positive sign for set top box manufacturers

[gerd212] 24/5/2006 16:30

Thomson I believe

[sexy sue2] 24/5/2006 16:21

i read last night last sky are very sorry to let people down with the installation of hdtv to 17,000 homes,but the supplier has failed to deliver enough set-top boxes,who could the supplier be ?

[netcurtains] 24/5/2006 16:03

well keep it waxed, thats all I'm saying!
LOL

[veg man] 22/5/2006 09:33

netcurtains,I have been saying that since the 274 days.No deramping implied

[netcurtains] 19/5/2006 19:44

this is going to be the big one.
Get your surf boards out.

[yotter] 18/5/2006 15:56

hufhaus,

Agree with you, I've been trying to buy some more at a figure under £1.80 this week but never enough shares on the sell side to fill order.

Bodes well and I'm still happy to be holding. Looking to increase holding significantly before September.

Patience.

Edit: Total traded volume today (so far) is @ 10,000 shares. Holders are hardly falling over themselves to unload. Again, bodes well.

[hufhaus] 18/5/2006 15:48

I'm no longer a holder having sold at 193. However, FTSE meltdown notwithstanding, I am still monitoring and have been impressed by the dogged resistance at around 180-mark, which was effectively the position before the current market correction. I wish my other holdings had demonstrated similar resistance. If it tanks tomorrow then blame me for jinxing it! Good luck to all holders.

[netcurtains] 17/5/2006 07:41

I think we could see some up now.
hopefully new highs.

[v11slr] 15/5/2006 09:21

'shaking the tree', I think they're shaking the whole damn forest today!

[darrin1471] 15/5/2006 09:14

Looks like the MM shaking the tree on low volumes

[gomac] 15/5/2006 07:12

Looks like a pair of huge profit opportunities ;-)
So what do you think, down to 1.79 and back to £2 again ?

[mesquida] 14/5/2006 20:24

Stock looks cheap but double top on chart looks a bit ominous!!!!

[netcurtains] 12/5/2006 06:03

lol.
Come on Amstrad.

[monty burns] 11/5/2006 08:41

Previous article (and a comment or two). Not complaining too much, gives me a chance to add:



Monty Burns - 23 Feb'06 - 07:55 - 2496 of 2498


These journos - the really hate Amstrad and Sugar. Which must explain why their facts are wrong, never mind their interpretation...

Today's Torygraph:


The Questor column
By James Quinn (Filed: 23/02/2006)




It looks an uphill task for Sugar's Amstrad: tell him he's fired

So farewell Emailer. Amstrad, the electronics firm chaired by Sir Alan Sugar, is waving goodbye to its telephone-cum-emailing device, the need for which had become less apparent given the increasingly low cost of home computers.



Barely any of the Emailers remain on Amstrad's shelves thanks to brisk sales in the six months ending December 31.

Its key focus now is on the set-top boxes it supplies in the UK and Italy to Rupert Murdoch's British Sky Broadcasting and Sky Italia.

Sir Alan guided the market last month that the business was going so well that full-year profits to be released in June would beat expectations.

But the interim results disappointed because of an adverse split of sales between basic boxes and "top end" ones compared with last year. Profits fell 12pc to £12.5m. An interim dividend of 2.5p will be paid on April 6.

While long-standing, Amstrad's reliance with one contract on set-top boxes with Sky is a cause for concern. Another frustration is that Amstrad has £35m of cash sitting on its balance sheet. If that is stripped out, Amstrad trades at just over nine times 2006 earnings, making it cheap compared with its sector.

But Sir Alan owns 28pc of the company and is showing little sign of returning the money to shareholders.

At 208p, its shares are still not expensive but they have had a good run and the next 12 months could see increased price pressure on set-top boxes.

Just as Sir Alan tells business wannabes on The Apprentice, so Amstrad investors should tell him "he's fired" and rid themselves of the shares. Sell.




Great, except it's not £35m cash, it's £49m. But hey, it's only numbers innit? And the adjusted (for the cash) earnings ratio is not 'just over 9 times', it's under 7 - they appear to have not noticed last year's one time £6m stock write-off hit ain't gonna happen again. And as for suggesting Sugar be fired, it's just pathetic. 'Sell' on under 7 times increasing earnings. Yeah, right.

I wouldn't care, but if all the scribblers just write factually incorrect drivel and then interpret those errors negatively (a given..) it makes a sensible market perspective more difficult. But I guess he isn't going to change any time soon.

[spob] 11/5/2006 08:26

i wonder if james Quinn had an interview request turned down ?

[monty burns] 11/5/2006 08:22

Another slagging in the Torygraph today - not a fact in the entire article, just as well, as he got all his facts wrong last time in February. Moron.


Amstrad

196.5p+1.5p
Questor says Sell

It was billed as The Beauty versus The Badger. And last night's final of BBC2's The Apprentice certainly lived up to its billing, with former checkout girl Michelle Dewberry pitting her wits against the tough-talking girl from Wolverhampton, Ruth Badger. In the end, it was The Beauty that clinched it, winning a £100k job at Sir Alan Sugar's Amstrad.

But what has been the effect on the technology company's price in the three months since this series began? Questor told readers to sell the shares on February 23, after the company called time on its telephone-cum-emailing device Emailer, and after interims fell 12pc to £12.5m. Since then, there has been barely any corporate newsflow and so it is little wonder Amstrad's shares have drifted to 196½p, with not even the full glare of a primetime TV show seemingly able to assist it.

But then, given neither of the two finalists knew what Amstrad actually did when questioned by some of Sir Alan's henchmen, it is hardly surprising. The market seems to have forgotten too.

Investors in Amstrad may well be excited to learn that successful Ms Dewberry will now be set to work on a new venture, but less thrilled to hear its to be called Xenon Green, and will focus on disposing of companies' unwanted computer equipment. Just as Sir Alan told The Badger last night, investors should continue to give his company a wide berth, and tell him he's fired.

[e-mail]

[darrin1471] 11/5/2006 07:58

Does not AMT already make stb's in China / Hong Kong.
India will buy stb's made in India.
Pace have a large R&D facility in India

[bitterlemontart] 10/5/2006 15:45

Thanks for that....it is an initial JV with the great Tata group....but it was suggested that Sir Alan might want to produce in China for the Indian market and therefore become one of the suppliers.....

Really not sure what will happen, but guess that this does show the potential upside for AMT in other markets such as India....

[darrin1471] 10/5/2006 15:21

Humax will supply the set-top boxes for Tata Sky India

[kolgab11] 10/5/2006 12:41

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[monty burns] 10/5/2006 12:32

Apparently there was a piece in the (London) Evening Standard last night on Alan Sugar - usual negative diatribe, bad businessman, unsuccessful, blah blah.

Standard poor/no research stuff. Proably explains the weakness yesterday, nice chance to add which I took.

May also be some weakness as HDTV kicks off, as the inital batch of boxes are not by Amstrad, but by Thomson. Amstrad and presumably others follow later in the year.