Arcontech Share Discussion Threads

[gleach23] 08/3/2023 18:26

Trade from yesterday reported after the bell today of 40,953 shares @ 83.25p explains the strength of the last day and a bit

[boadicea] 07/3/2023 15:34

Results don't sparkle but thy're ok in fairly difficult circumstances. The company remains temptingly stuffed with cash and its trading looks very stable based entirely on recurring revenue, mostly on term contracts. I'm showing a loss on these but feel they're worth holding on.
It's a pity that advfn hasn't updated its 'Finacials' since September 2021! (They still show 7.88p earnings and no dividend.)

[arthur_lame_stocks] 01/3/2023 03:09

Hi value hound

I also thought the results were ok, I've been buying these recently. I think there's a fair bit to like about these shares, lots of the price is backed by cash and current assets, it seems to be consistently profitable even in less good times, the yield is attractive and it generates good cash.

I'm not sure it's so much a takeover target as looking for acquisitions to use up some of that cash pile but we'll see.

I'm happy to hold at the moment and maybe we'll see an IC boost today.

[value hound] 28/2/2023 23:46

Yep - re-tippped by Simon T as recovery buy; "This cash-rich, high-yield stock is also a takeover target - This small fintech has a lot going for it and just boasted higher pre-tax profits"

[value hound] 27/2/2023 13:16

I thought these were OK. Obviously going to get sold at some point. May well be re-tipped by Simon T later, but not a big value share, nor massively undervalued afaics, just "garp" ish imo.

[scepticalinvestor] 27/2/2023 07:40

OofBargepole

[rossco] 28/10/2022 20:11

The appointment of Raj Nagevadia has added several pence to our share price which is welcome. Does anyone have any knowledge of RM or of the company he is employed by as CFO, Bfinance.

[value hound] 12/9/2022 17:12

Re-tipped by Simon Thompson just now, who concludes with:

"The bumper cash flow performance enabled the board to raise the payout per share by 18 per cent to 3.25p, declared from adjusted earnings per share (EPS) of 6.5p. On this basis, the shares are priced on a cash-adjusted PE ratio of six and offer a dividend yield of 3.9 per cent. FinnCap believes that the dividend could be hiked to 3.6p a share in the current financial year without making a dent in the cash pile. This is based on an ultra-conservative EPS estimate of 4.9p, implying the shares offer a prospective dividend yield of 4.4 per cent and are priced on a cash-adjusted forward PE ratio of 7.5.

"Arcontech’s shares have risen 11 per cent since my last buy call (‘On the results and M&A beat, IC, 24 January 2022), and with real prospects for contract awards and earnings upgrades, I maintain that advice. Buy."

[boadicea] 29/6/2022 08:27

Two modest director top-ups (shortly before entering close period?) which is mildly reassuring.
We can probably assume there is no material news awaiting announcement and that progress is at least up to expectation.

[matt123d] 03/5/2022 13:39

I bought a few, just very little stock about hence they pushed the offer out.

[boadicea] 03/5/2022 13:19

Interesting spike up just before 1pm accompanied by a bunch of small buys.

[value hound] 01/4/2022 16:05

Presumably, the plan here is a trade sale to some bank / fund / investment house etc?

[boadicea] 28/2/2022 15:29

Nearly half its mcap in cash and performance a little worse than flat = ripe for consolidation?

[multibagger] 28/2/2022 07:50

Good morning all (more out of habit than a reflection of what is going on)

I made a decent donation to the British Red Cross for their Ukraine Crisis Appeal - it is the least I can do.

A plea to all who can, please donate what you can afford - small drops make an ocean.

Stay brave and strong Ukraine - you are not alone.

[zipstuck] 24/2/2022 11:27

rading Update

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that its trading performance has regrettably fallen below current market expectations due to one customer reducing its market data spend with the Company, and notification from another customer that it will not be renewing its contract from the start of second half of 2022. The two changes are unrelated and do not involve customers with Arcontech's core MVCS server-side solution. They instead reflect one customer greatly scaling back its market data team and market data requirements, and a second choosing not to renew its contract for one Arcontech product because it is switching to use a solution included in a legacy, bundled contract.

The Company is consequently revising its year end market guidance to reflect this net reduction of revenue. The reductions will take effect at the beginning of the second half of Arcontech's financial year and consequently will negatively impact revenue by annualised c.GBP300K, half of which will impact in the current financial year.

However, notwithstanding the above the Company senses an overall improvement in the business outlook which until now has seen growth affected by Covid. Its clients are now renewing interest in new business projects and the Company's sales pipeline continues to be healthy. The increasing opportunities to travel and cement new relationships also bode well for the future and our ability to recover lost ground. During the last year Arcontech has improved its offerings to provide more value and the quality of its solutions together with its ability to help reduce spend, positions the Company well to absorb any lost business and resume growth as the pipeline matures. Arcontech continues to be fully confident in the strength of the business and is working to leverage its cash reserves, when the opportunity arises.

[multibagger] 02/2/2022 07:50

Good morning all :)

From 30 Jan 2022...ARC is discussed about 1:57 min into the video

[chique] 01/2/2022 14:39

I remember when I first got the print edition way back in late 1980's :-)

[29palms] 01/2/2022 14:11

ST effect seems to be working.
Write up also appeared in print edition of IC on Friday last.

[chique] 29/1/2022 11:11

Will be interesting to see if any update on ' leveraging cash ' as per RNS

[chique] 29/1/2022 11:10

steady small buying has taken this to 90p from 73.5 in a few days
average buy size about 2500 so not day traders

[jamessmith23] 09/12/2021 11:32

I think you'd need to take off another 1.2m for the net liabilities as well, however yes the net cash does make it look attractive. Unfortunately at this size sentiment can tend to weigh on share price far longer than fundamentals and so it wouldn't surprise me to see it drift further. Losing large revenue clients is not a good sign and won't give investors faith in this being a long term hold. Need to see some growth through new clients to replace old before we'll get any sort of share price movement, expect it to just drift along with market until then, maybe slightly lower.

[zipstuck] 30/11/2021 16:42

I think this is now undervalued as it is sitting on £5.4m in cash, which when used will give an earnings boost. Remaining market cap is only £8.3m so EPS should be calculated on this. expecting £.5 this half and £.35 next with potential to recover loss ground.