Amstrad Share Discussion Threads

[stemis] 16/6/2007 18:46

Presumably the analysts are forecasting a weaker second half than first (this looks usual for AMT).

Forecast full year PBT is at least £16M. Since they did £10.5M in H2, that's £5.5M for H2. Assuming about £0.6M interest in H2 that's an EBIT of £4.9M, making £14.3M for the year. At worst second half cashflow should be neutral?

That puts AMT on a cash adjusted P/E of about 7.9. Next year profits are forecast to increase by around 20%.

Yield is currently 5.4% and rising.

Cash makes up 26% of market capitalisation.

Starting to look pretty interesting.

Anything I've missed?

[thetworonnies] 15/6/2007 14:17

Don not agree with the short idea Yotter, but your last post is spot on.

IMO Sugar has made himself look like a first class tw*t by doing that sh*t TV programme.

He should call it a day and go back to trying to run AMT properly!

[yotter] 15/6/2007 12:14

My view is this:

1. The market does not like AMT.

2. Alan Sugar should get off the telly and back into AMT.

I feel a short could be the answer here.

imho, dyor, nai etc

PS: I used to hold a good number of AMT shares and sold after the special dividend for a good overall profit (lost on the bargain, but gained more through the dividend).

[studhaves] 15/6/2007 12:12

mine too. I think it's undervalued on its current performance, but with falling sales, one customer, & no new product news it's going to keep falling I think.

As soon as they give some positives re the PVR then it'll bounce quite nicely I think - at least thats the theory :)

[brando69] 15/6/2007 12:07

wait until 120p is my advice.

[pagla 90] 15/6/2007 11:53

Well there you guys like studhaves says 120p and the article in Independent Newspaper hasn't helped. Simply says falling sales, single customer BSkyB and competitive pressures. Was hoping to buy on yield 5%. Any thoughts guys?

[carterk] 15/6/2007 11:40

I think it's about time Sugar got back to focusing on Amstrad and not trying to be a TV personality. IMHO.

[billbyrne] 15/6/2007 11:26

You could get your chance sooner than you think.

Why the sudden drop.

[studhaves] 15/6/2007 00:16

I reckon this will drift down to he 120 mark - thats when I'm looking to get in anyway.

[guru11] 14/6/2007 14:11

The Independent

The Outlook Column:
*Boots (LSE: AB.L - news) pays the price for pensions bravery.
*Beating the banks: a better way.

The Investment Column:
*Buy - Future .
*Sell - Amstrad (LSE: AMT.L - news) .
*Buy - Pinewood Shepperton (LSE: PWS.L - news) .

Further news:
*Qataris back in spotlight at Sainsbury .

[weatherman] 14/6/2007 09:44

AMT could be due a massive bounce imo. The chart history shows it can rise very fast with some good news in the bag. Here's hoping.

[guru11] 14/6/2007 09:41

brando69 - I agree but if Alan Sugar concentrates on his TV program instead of his company, and the Aprentice winner is not much added value and all hot air and no business sense - where are we going? Down again today and 'in a rising market'

[brando69] 13/6/2007 15:41

wld be wary of going short, but i take your point re sugar and his telly gig

[yotter] 13/6/2007 15:40

Maybe if Sir Alan spent a bit less time on the telly and more time running AMT, the share-price would reflect this.

No position for me at present but considering a short here (despite cash pile).

imho

[darrin1471] 13/6/2007 15:03

Sky is unlikely to dump AMT. AMT do not have the best stbs (see contingencies in last annual results) but they have a great gross margin which indicates they can produce the lowest cost stb, which drives down the price Sky pays to their other suppliers.
AMT has the Hong Kong hifi design business and the revenue from the emailer phone. Both have good gross margins.
IMHO. The loss of the Sky contract would halve the current value of AMT.

[brando69] 13/6/2007 14:27

she was a dog

a bit like AMT at the moment....

i wouldn't have touched her with yours.

she had more chins than cyril smith

[meadow50] 13/6/2007 14:23

the 90k girl on The Apprentice had extraordinarily beautiful blue eyes and very fluttery lashes to go with them .I reckon she could have sold a set top box or two without trouble..

[jtcod] 13/6/2007 14:07

Cheers Darrin.

I can remember jumping to the conclusion at the time (rightly or wrongly) that it was probably a feature set upgrade. Could be way off base though.

[darrin1471] 13/6/2007 14:05

JTC: NDS Israel could design software for Sky.