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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
|
|
|---|---|---|---|---|---|
| -1.00 | -0.81% | 122.00 | 3,661 | 08:30:11 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 120.00 | 124.00 | 123.00 | 122.00 | 123.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Computer Programming Service | 2.91M | 1.07M | 0.0799 | 15.27 | 16.45M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 15:59:51 | O | 341 | 121.66 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 05/12/2024 | 17:45 | UK RNS | Arcontech Group PLC Grant of Options |
| 12/11/2024 | 13:23 | ALNC |  DIRECTOR DEALINGS: Zegona Communications non-exec invests GBP175,000 |
| 11/11/2024 | 07:00 | UK RNS | Arcontech Group PLC Director/PDMR Shareholding |
| 09/10/2024 | 14:53 | UK RNS | Arcontech Group PLC Result of AGM |
| 17/9/2024 | 15:46 | UK RNS | Arcontech Group PLC Posting of Annual Report & Notice of AGM |
| 02/9/2024 | 06:00 | UK RNS | Arcontech Group PLC Final Results |
| 22/7/2024 | 09:28 | ALNC | Arcontech eyes revenue and profit ahead of expectations |
| 22/7/2024 | 06:00 | 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 |
Arcontech (ARC) Share Charts1 Year Arcontech Chart |
|
1 Month Arcontech Chart |
Intraday Arcontech Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 11/11/2024 | 19:34 | Arcontech Group plc | 1,978 |
| 25/7/2014 | 12:35 | ARC's China Picks | 4 |
| 06/6/2014 | 06:20 | ARC; CityVision C++ API | 825 |
| 19/7/2011 | 13:05 | 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 |
|---|---|---|---|---|
| 2024-12-20 15:59:53 | 121.66 | 341 | 414.86 | O |
| Top Posts |
|---|
Posted at 21/12/2024 08:20 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 123p.Arcontech currently has 13,372,811 shares in issue. The market capitalisation of Arcontech is £16,314,829. Arcontech has a price to earnings ratio (PE ratio) of 15.27. This morning ARC shares opened at 123p |
Posted at 11/11/2024 11:53 by spig69 Struggled to buy any this morning. Couldn't even get a quote for 1167 shares so I settled for 667. With a recent Director purchase of £71K at £1.16 per share, another quality share I am happy to hold for the long term. |
Posted at 07/11/2024 14:10 by bones More often than not, a mystery rise with a flurry of small buyers is the result of a tip. I don’t have access to Investors Chronicle but Simon Thompson has been a fan of ARC for a while. Maybe he said something this week? I’ve checked Shares mag (via AJ Bell) and there a no mention I can see in today’s issue. I’m not complaining! |
Posted at 07/11/2024 13:22 by spig69 Does anyone know of the reason for the rise today? My best performing share by far this year. After owning some complete dogs this year, this has been a really good investment and I can still see considerable upside. News is rare with this company. They just seem to get on with it |
Posted at 08/10/2024 14:14 by spig69 I also think the future is rosy and am happy to continue holding for the longer term as the share price, with a bit of good news, should well exceed the recent highs achieved. Throw in the progressive dividend policy and all that cash on hand, this is one of my more exciting and profitable shares to hold. I will re-invest my dividends early next month regardless of the price. |
Posted at 08/10/2024 12:46 by bones I’m now unlikely to make the AGM tomorrow.As for the share action, it is very ARC to see a determined rise be followed by a gradual drift down and that seems to have flushed out a few sellers who didn’t want to sell when the price was much higher even though nothing has changed. Perhaps some people are playing safe ahead of various rumours about the 30/10 govt budget. I’m very positive here. Reading the board’s notes from the last RNS, it is a volley of positivity about the company’s improved prospects and surprisingly upbeat given their conservative nature to pronouncements! I was particularly taken by the talk of soon having a full package to offer clients in competition with the other data suppliers rather than being a provider of add-ons. That has much potential especially as they noted how clients are using cost as a sufficient reason to switch despite the short term inconveniences. |
Posted at 10/9/2024 18:10 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 17:56 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 16:40 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 15:49 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 22/2/2024 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." |
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