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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Arcontech Group Plc | LSE:ARC | London | Ordinary Share | GB00BDBBJZ03 | ORD GBP0.125 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -4.50 | -3.77% | 115.00 | 26,197 | 15:35:38 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 113.00 | 117.00 | 119.50 | 115.00 | 119.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Computer Programming Service | 2.91M | 1.07M | 0.0799 | 14.39 | 15.98M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:27:28 | O | 862 | 115.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 17/9/2024 | 16:46 | UK RNS | Arcontech Group PLC Posting of Annual Report & Notice of AGM |
| 02/9/2024 | 07:00 | UK RNS | Arcontech Group PLC Final Results |
| 22/7/2024 | 10:28 | ALNC |  Arcontech eyes revenue and profit ahead of expectations |
| 22/7/2024 | 07:00 | UK RNS | Arcontech Group PLC Trading Update & Notice of Results |
| 21/2/2024 | 12:49 | ALNC | Arcontech half-year profit up; backs full-year outlook |
| 21/2/2024 | 07:00 | UK RNS | Arcontech Group PLC Interim Results |
| 27/10/2023 | 15:07 | ALNC | Arcontech shares up as wins new bank client for CityVision platform |
| 27/10/2023 | 07:00 | UKREG | Arcontech Group PLC New Client Win |
| 25/10/2023 | 13:42 | UKREG | Arcontech Group PLC Result of AGM |
Arcontech (ARC) Share Charts1 Year Arcontech Chart |
|
1 Month Arcontech Chart |
Intraday Arcontech Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 17/9/2024 | 20:10 | Arcontech Group plc | 1,969 |
| 25/7/2014 | 13:35 | ARC's China Picks | 4 |
| 06/6/2014 | 07:20 | ARC; CityVision C++ API | 825 |
| 19/7/2011 | 14:05 | ARCONTECH Group PLC | 334 |
| 15/3/2009 | 22:23 | ARCELOR: A Steel a la Francaise. | 208 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 06/10/2024 09:20 by Arcontech Daily Update Arcontech Group Plc is listed in the Computer Programming Service sector of the London Stock Exchange with ticker ARC. The last closing price for Arcontech was 119.50p.Arcontech currently has 13,372,811 shares in issue. The market capitalisation of Arcontech is £15,378,733. Arcontech has a price to earnings ratio (PE ratio) of 14.39. This morning ARC shares opened at 119.50p |
Posted at 10/9/2024 19:10 by bones The cash balance is big now and suggests they should do something with it. They often talk of looking at acquisitions but usually say nothing fits their requirements. I’m not sure how serious they really are as it rarely happens. So, how about a special dividend or buy back? Maybe if the next year produces the growth they hope will materialise?I recall ZYT which used to have a humongous cash accumulation and they never used it well. Earned low interest and their business matured and withered. That was a case of an established “old” management not having a dynamic approach to business or reacting when things went sour. I do think the cash in ARC should be put to better use soon. 5% interest doesn’t rock many boats. I hope the management are not too fusty and accustomed to their comfy surroundings! |
Posted at 10/9/2024 18:56 by bones Sounds like a plan gleach! What really prompted the post was how similar this stock is to TRD. Embedded management, no fund raises, steady “boring” business model, rock solid integrity, specific markets, illiquid share that’s rarely publicised.In late 2023, the chairman of TRD spoke glowingly of prospects after a long period of flat business. There was barely an RNS raised after that yet the share price silently went from 100p area to 300p (with a few ups and downs) and on unspectacular volume. The minute the ARC results were out last week, I could picture a similar scenario and piled in. So far so good but I think early days. I can see 200p easily and maybe 300p on a follow up positive trading update. |
Posted at 10/9/2024 17:40 by bones A little comparison exercise.The final results in the 2019 year were the last reasonably upbeat ones before the twin hammer of Brexit and Covid hit in early 2020. Since then, the business has struggled to gain traction and chugged along fitfully. 2024’s final results seemed to snap the spell with both an increase in numbers and a much improved outlook. To compare: Final results 2019 (last ones before Covid downturn): Financial Highlights: Revenue: £ 2,966,788 Profit before tax: £ 900,357 (excluding accruals adjustment) Cash: £ 4,063,484 Diluted EPS: 7.18p Final dividend per share: 2.00p Final results 2024 (first ones indicating a rosier outlook since Covid downturn): Financial Highlights: Revenue: £ 2,910,232 Profit before tax: £ 1,098,959 (no accruals adjustment in year) Cash: £ 7,160,177 Diluted EPS: 7.98p Final dividend per share: 3.75p Similar revenues and EPS numbers (shares in issue static at around 13.3M). Core profit slightly higher in 2024 (excluding adjustment for accruals in 2019) but also includes higher interest receipts. Cash balance is 76% higher than 2019 and the final dividend is 87% higher than 2019. Overall then, the broad picture looks better now than in 2019 with much stronger cash and a far higher dividend yield. In addition, the directors’ trading outlook is now more positive than it was in 2019. Yet, at that time, the share price reached the 230p area some four months after the 2019 results came out having continued to rise after the results. Then came Covid. It’s taken four years for ARC to resume a growth pattern in its numbers. Based on the above comparisons, the current share price would seem to have a long way to go. ARC’s enterprise value is around £10M now (market cap £17M less cash £7M held). In early 2020 when the share price hit 230p EV was around £26M (market cap £30M less cash £4M held). Share price now is 128p compared to 230p in early 2020. With sales and earnings in 2019 and 2024 both very similar and the business model virtually unchanged, it is clear that EV in 2024 is only around 40% of what it was 5 years ago. Yet, the business prospects are now higher and the dividend yield is also much higher than then. That alone should justify a higher share price than 2019. In fact it is nearly half of it. So, was it overvalued in 2019? Or have we got a long way to go for the share price to catch up? Two questions to ponder but it suggests the share price may have a way to go to meet the business prospects recently laid out by the directors. I’m hoping so. |
Posted at 22/7/2024 16:49 by nocton May I ask how you came to those prices, boadicea? At the current price, ARC is on a p/e of 10.1 according to 'This is Money'. With a 20% forecast uplift in profit that would fall to 8.4. For this sort of share with reasonable growth prospects I should have thought a re-rating to at least a p/e of 12-14 was justified at the very least. So a price range of 114 to 133p would be more appropriate? |
Posted at 22/7/2024 10:51 by boadicea Did a quick price calc check on this and came to 84p (pessimistic) to 112p (optimistic) range, so 98p mid range. So I don't see much more to go for currently as the price has headed towards my mid-range this morning. I'll contunue to hold what I have and await developments. |
Posted at 22/7/2024 09:47 by petewy Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading announces that for the year ended 30 June 2024 (FY24) turnover is expected to be ahead of market expectations by approximately 4% as result of increased use of product by certain customers, whilst adjusted profit before tax is expected to be ahead by approximately 20%, as a result of the aforementioned increased product usage and certain planned staff costs only being incurred at the end of the financial year (FY24).Expectations for the current financial year (FY25) remain unchanged. |
Posted at 22/6/2024 15:02 by arthur_lame_stocks I've owned share in these a couple of times and my own opinion is that they're about fairly valued at the moment. |
Posted at 30/5/2024 15:54 by bridggar Quiet here. Anyone care to share any insight? |
Posted at 22/2/2024 07:44 by value hound Re-tipped by Simon Thompson under the title:"Earnings upgraded by 44% – but there's more to come from this stock" He concludes with.... "The cash pile not only offers firepower for Arcontech to make complementary earnings-accretive acquisitions, such as a trading platform which could be integrated into its solutions, but the cashed-up company could itself become prey to a larger predator. Shareholders can expect another hike in the progressive dividend, too, with Hill pencilling in a full-year payout per share of 3.7p. "Arcontech’s share price is modestly up since I suggested buying the shares at the annual results (‘Larger predators will soon notice Arcontech's smart strategy’, 6 September 2023) and offers almost 100 per cent upside to Cavendish’s target price of 180p. Buy." |
Posted at 21/2/2024 08:45 by value hound Indeed! I keep thinking this will get sold st some point, but if so at what price ?I imagine Simon Thompson will write this up later. |
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