Ascential Share Discussion Threads

[allonblack] 09/4/2022 13:37

Big day monday

[johnwise] 21/3/2022 10:58

Blackrock buy21/2/22..
2/3/22 good half year results..

21/03/2022 9:31am

RNS Number : 4330F

Ascential PLC Holding(s) in Company

Blackrock buy

[km18] 02/3/2022 15:14

Ascential plc encompasses departments engaged in ecommerce optimisation, analytics and information technology to deliver optimised platforms to consumer brands and their ecosystems. Its business units include digital commerce, product design, marketing, and retail & financial services. Digital commerce is focused on measuring, optimizing and executing digital commerce growth. Product design offers consumer product trend forecasting, data and insight. Marketing unite provides services and tools to measure and optimize marketing creativity, media and platform effectiveness and efficiency. Its retail & financial services provide data and tools to improve performance in retail and financial services. Given the robust diversified funding structure, the firm enhanced its EBITDA to £88.9m from £21.7m, leading to a strong rally in EPS to 9.5p from 3.1p, hence the firm is trading ahead of market expectations. Subsequently, the firm boosted its net cash position to £21.8m from £21.5m, hence the firm is able to fund its operating, investing and financing activities while optimising earnings. This evidence is supported by the robust, concise and attractive P/FCF ratio of 40.5. Despite the plausible and unprecedented firm’s performance, Ascential is likely to surge in value given the P/B ratio of 2.28 and EPS growth of 51.5%.



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[allonblack] 02/3/2022 14:24

Decent numbers should head back to 400 imo

[johnwise] 02/3/2022 11:07

I bought the same day as Blackrock bought into this at £3.11 21/2/22.

02/03/2022 7:00am

RNS Number : 2997D

Ascential PLC Final Results

[simon gordon] 04/11/2021 16:17

Tech Market View - 1/11/21:

Ascential travels 4K Miles on acquisition trail

IAscential logot wasn’t long ago (July) that we reported on Ascential raising £153m to fund further acquisitions (Ascential Raises £153m for further acquisitions). Today, the “specialist information, analytics, and ecommerce optimisation company” has announced that it is using those funds to acquire 4K Miles, “a leading digital commerce advertising, execution, and marketplace insights business serving challenger Chinese brands trading on Amazon globally”. The deal is expected to close in December.

Ascential’s aim is to pivot further towards digital, away from live events. The acquisition of 4K Miles represents the second acquisition since the fundraising. The first, in September, was of OneSpace, a content optimisation business serving brands trading on eCommerce marketplaces. Both 4K Miles and OneSpace join Ascential’s Digital Commerce business, which is building towards its mission of helping brands and marketplaces win by optimising and accelerating their digital commerce performance.

4K Miles has a software-based proposition, which provides advertising execution, sales data analytics and inventory tracking. Its clients include over 500 challenger brand customers based in China, trading on Amazon marketplaces across the US, major European countries, Mexico, India, and Japan. Its expertise in market sizing and targeting is set to enhance Ascential’s existing proposition and will complement the work of one of Ascential’s other brands – Perpetua – in North America. The company is headquartered in Guangzhou and has 160 employees.

Recent acquisitions, as well as the impact of the pandemic, have substantially changed the shape of the business. Across Ascential’s four business units (Digital Commerce, Product Design, Marketing, and Retail & Financial Services), Events accounted for just 3% of revenues in H121 (vs. 33% in H119), Advisory now represents 19%, Benchmarking Awards 16%, and Digital Subscriptions & Platforms 62%.

[simon gordon] 28/7/2021 18:25

Tech Market View - 27/7/21:

Ascential Raises £153m for further acquisitions

AscentialInformation, analytics and ecommerce optimisation company Ascential has raised £153m via a share placing to fund further acquisitions as it continues its pivot towards digital, away from live events.

During FY 2020 Ascential lost £130m of revenue from its live events business due to COVID restrictions, to which it responded by restructuring around four segments, investing in the critical Digital Commerce business and disposing of non-core assets. Acquisitions are forming a key component of this restructuring.

In April Ascential invested an initial $52m plus deferred payments that will take the total to $103m-$162m over four years, to acquire Perpetua Labs. The SaaS-based self-service ecommerce media optimisation business Perpetua, which helps independent sellers and agencies optimise the purchase of search and display advertising on Amazon and other marketplaces, will take Ascential’s Digital Commerce into new territory.

Most recently Ascential acquired a 51% stake in digital content optimisation provider ASR Group Holdings for an initial cash consideration of $122m. ASR Holdings provides digital content optimisation capabilities to help brands grow sales through eCommerce marketplaces, driving higher consumer engagement rates for marketplace content for featured brands. It will allow Ascential to directly connect professional independent content with brands' products at the point of purchase to improve the impact of marketplace advertising.

Ascential recently announced interim results saw revenue for H1 2021 increase 37% to £175.1m up from £127.9m a year ago. Driving the performance was a 25% surge in Digital Commerce revenue to £59.7m and Marketing sales more than doubling to £63.9m from £26.4m. Product Design sales dipped 1% to £44.3m. This represents a return to form for Ascential who reported a 31% decline in annual revenue to £264m in FY20 and pre-tax loss of £166m.

[msehs] 01/9/2020 23:18

Big drop today, I don't see any news?

[sphere25] 23/4/2020 14:31

Looking around for unusual activity, this stock sticks out. The shorts are crawling all over it. The short position has tripled in little time and is becoming more and more significant:



Interesting isn't it, particularly when you consider the stock has already essentially halved.

[brummy_git] 24/2/2020 09:27

Comment today on Twitter wrt ASCL

[mad foetus] 30/1/2020 08:09

Could be good from here, that was the main cloud, the rest looks very positive

[rampmeister] 30/1/2020 07:12

Should bounce back well after that RNS.

RM

[srichardson8] 29/1/2020 10:41

you are probably aware that there is poor news on Avast/Jumpshot affecting the price

[srichardson8] 29/1/2020 09:20

just fyi I really like Stockopedia and that sentiment seems to be shared by quite a few private investors. Perhaps you could get free trials on both and let us know your conclusion....

[rampmeister] 29/1/2020 07:58

Thanks for link. Sharecast site badly needs upgrading and they are slow to update following HY and FY results. I am thinking of taking a trial with Sharepad who are able to notify when companies' share price breaks out of previously established trading pattern.

RM

[srichardson8] 28/1/2020 18:51

Stockopedia only shows future revs and net profits - for the record for Dec 2020 they are using £443mn and £77.5mn respectively for a 'normalised' (yuk) eeps of 19.2 after 17.4 in 2019. Morningstar doesn't give forward consensus and neither does the company as you no doubt are aware. The only other source I occasionally use for UK stocks is Market Screener - they give reported earnings and undoctored pre-tax, net and eps.

This is a free service with a paid upgrade. Usually unreliable for small caps in the UK. I rarely use Sharecast but assume their numbers are also 'normalised'; they look pretty much the same as my Stockopedia.

[rampmeister] 28/1/2020 16:20

Thanks S Richardson8 my consensus was only 10 brokers. Sharecast are showing FY forecast pbt of 93.03m. up from 28.9m in previous year. May I ask how that compares to your numbers?

RM

[srichardson8] 19/1/2020 19:31

Stockopedia show consensus as sales £413mn net profit £70mn, based on 13 brokers. The eps number has been trending down, not a good sign really, but there are so many changes going on here. The newsflow looks pretty exciting, though. I shall be concentrating on cashflow as well on Feb 24th.

[rampmeister] 14/1/2020 15:56

Sharecast have FY consensus revenue forecast at 411.7m with HY Revenue already posted at 236.2m. This seems a little conservative leaving ASCL with only 175m to find in order to match the forecast.

Notice that in the past there appears to be a first half weighting so possibly there is a seasonal bias with majority of companies producing their FY figures during first 6 months of the year.

RM

[nw99] 14/1/2020 09:10

Looks very good bought in here

[allonblack] 09/1/2020 14:24

If you missed out on Future plc then get on top of where edge and flywheel are heading. The fact coke are on board is massive. This will be an e-commerce platform spotting opportunities and market changes from a granular data trend level and then facilitating the transaction itself. Potentially huge.

[allonblack] 08/1/2020 09:14

Great announcement for Edge this morning. By h2 Edge will be the stock driver and imo Money2020 will be gone.

[allonblack] 19/12/2019 08:52

Looks like Hyve plc getting close to the founders of money 2020 today with their deal. You have to wonder whether Ascential sells Money 2020 to them next year. Would be good price and cashflow for them.