ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

ASCL Ascential Plc

313.00
0.40 (0.13%)
Last Updated: 09:37:16
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ascential Plc LSE:ASCL London Ordinary Share GB00BYM8GJ06 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.40 0.13% 313.00 464,262 09:37:16
Bid Price Offer Price High Price Low Price Open Price
312.80 313.20 314.00 310.20 310.80
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Public Relations Services 586.3M -191.3M -0.4345 -7.20 1.38B
Last Trade Time Trade Type Trade Size Trade Price Currency
09:37:16 AT 246 313.00 GBX

Ascential (ASCL) Latest News

Ascential (ASCL) Discussions and Chat

Ascential Forums and Chat

Date Time Title Posts
03/11/202309:46Ascential plc28
05/8/202210:50Ascential (ASCL) One to Watch on Monday 25

Add a New Thread

Ascential (ASCL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:37:16313.00246769.98AT
08:37:16313.006041,890.52AT
08:37:16313.001,6405,133.20AT
08:37:16313.004191,311.47AT
08:37:16313.001,4004,382.00AT

Ascential (ASCL) Top Chat Posts

Top Posts
Posted at 16/4/2024 09:20 by Ascential Daily Update
Ascential Plc is listed in the Public Relations Services sector of the London Stock Exchange with ticker ASCL. The last closing price for Ascential was 312.60p.
Ascential currently has 440,259,824 shares in issue. The market capitalisation of Ascential is £1,381,535,328.
Ascential has a price to earnings ratio (PE ratio) of -7.22.
This morning ASCL shares opened at 310.80p
Posted at 30/10/2023 09:50 by thunders
If i buy share today , do i get a special divi or i missed the boat?
Posted at 30/10/2023 09:30 by 74tom
I come to an EPS of ~9p per share for the market business post special dividend;

£85m adjusted EBITDA last year, corporate costs to absorb of ~£20m, interest costs of ~£10m on the remaining debt (~£130m @8%), tax of 25% ,unsure on D&A but assuming nothing for now

With a special divi of ~£1.90 on the way, that would leave shares trading at around £1, so a P/E 11x. At £3.30 that P/E would be 15.5x

The events business growth is very good, however given the current marketing environment I'm not convinced it warrants a 15x multiple?

Do these figures look about right @rimau1?
Posted at 30/10/2023 08:10 by rimau1
Post coffee review of numbers i am continuing to hold, Q1'24 target price £3.30
Posted at 30/10/2023 07:25 by rimau1
As per my post #11 the sum of the parts here worth far greater than the marketcap. However the sales price achieved was below my expectations so not sure we will fly too high this morning. Events should have been in for free but not quite (after taxes transaction costs etc) as it turns out. Still a decent 20% discount to my TBV calcs, lets see how the market reacts.
Posted at 22/9/2023 12:18 by kalai1
Ascential plc posted interims for the period to 30th June this morning. Group revenues were up 18% to £307.4m, adjusted EBITDA was up 17% to £78.6m, reported operating profit was £0.7m from a loss of £35.1m a year earlier. Closing net debt was down a little to £205.6m giving a leverage ratio of 1.6x EBITDA, gearing ratios remain manageable. Valuation is average for the Professional & Commercial Services sector with forward PE ratio at 12.4x. Share price remains in an 8-month correction and lacks positive momentum accordingly. ASCL remains share to monitor for the time being...

...from WealthOracle
Posted at 24/8/2023 12:23 by ashbox
With the share price approaching the all time low, the CFO decides there is not sufficient work at ASCL so takes on a non-exec job.
Posted at 01/6/2023 10:50 by hiddendepths
From Citywire

Stuart Widdowson, manager of Odyssean (OIT), the popular UK smaller companies investment trust which recently celebrated its fifth anniversary, is amazed that rival open-ended funds are being forced to dump small-cap stocks as too illiquid when valuations at this end of the stock market are so low.

Speaking at the recent Frostrow investment companies conference, Widdowson said he saw open-ended funds selling media conglomerate Ascential (ASCL), depressing its shares even after it announced a breakup and disposal that crystallised value for shareholders.
Posted at 17/5/2023 19:43 by lomax99
ASCL-- Ascential PLC's consumer data business has attracted the interest of a private equity firm advised by the former head of the Daily Mail's parent, Sky News reported on Tuesday.Paul Zwillenberg, who stepped down as chief executive of Daily Mail & General Trust last autumn, is working with the buyout firm BC Partners on its interest in WGSN, which is owned by FTSE 250-listed events group Ascential, Sky reported.Zwillenberg is working alongside Elizabeth Deeming, a former executive at Stylus Media Group and News Corp, on the deal.City sources said Ascential had asked for initial offers for WGSN, which supplies data on fashion trends to the industry, this week, the report noted.The business is understood to be valued at more than GBP700 million, with Apax Partners, another buyout firm, among the rival bidders to BC Partners.Neither Zwillenberg nor Deeming is expected to have an ongoing role in the WGSN business if BC's bid is successful, according to people close to the situation, Sky reported.https://news.sky.com/story/ex-daily-mail-chief-is-ascential-to-buyout-firms-wgsn-bid-12882110Ascential in January announced plans to sharpen its events focus and separate its digital commerce assets into an independent US-listed company. It also proposed to sell consumer trends unit WGSN, with its UK listing continuing as an events company.Ascential said the moves will provide growth funds for the company. It said a "significant" amount of any WGSN proceeds will be returned to shareholders.The soon-to-be spun out digital unit will be better enabled to "attract and retain talent, have its own currency for M&A and ultimately open up incremental pools of capital", Ascential said at the time.
Posted at 12/5/2023 08:29 by masurenguy
"Ascential (LSE: ASCL), at 242p, is a cheap but slightly complicated medium-sized special situation. The business consists of three different divisions and the sum of the parts has for some time appeared to be significantly higher than the share price. Recent results have reflected the company’s resilience, with the events business benefiting from the post-Covid recovery, offsetting any weakness elsewhere. Most significantly, the company has declared its intent to break itself up to realise value. The events business will remain listed in the UK. The high-quality, highly prized business information business WGSN will be sold, and the digital content business will be listed on the US Nasdaq market. Recent brokers’ notes suggest a sum-of-the-parts valuation between 380p and 450p using conservative assumptions; the current price is 248p. It is somewhat surprising that the shares have not responded more strongly to the clear strategy to break the business up."
MoneyWeek: 11 May 2023

Richard Penny of TM CRUX UK Special Situations Fund thinks that this company is substantially undervalued at its current price. I've still no position here but it now goes onto my watchlist.
Posted at 19/10/2022 07:54 by masurenguy
Shareprice now 54% down on the last share placing @432p only 15 months ago!

Ed Wielechowski of Odyssean Capital thinks that they “combines a portfolio of stable, high-margin, predictable events and data businesses with a newer digital-commerce division.”. The core of the digital-commerce division helps companies manage their presence and marketing spend on platforms such as Amazon in the US. This gives Ascential a diverse global footprint. He also says that this business is a “rare gem” in the UK with scope for it to become very profitable, although these profits are being reinvested to drive growth at present according to an article in MoneyWeek.

No position.
Ascential share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock