Ashley House Share Discussion Threads

[greedfear] 21/2/2017 16:00

Well, it's not that unusual for ASH to start going upwards before a RNS is released. Seen it happening before.

[yump] 21/2/2017 15:36

I for one do not want to hear about anyone's bowel movements.

[knicol46] 21/2/2017 13:42

15p target price..

WH Ireland recommendation (26 Jan 2017)
• The pipeline of on-site and appointed Extra Care schemes currently stands at £149.5m across 17 schemes (£4.1m on-site, £145.4m appointed), with a further £21.2m in Health across a further 8 schemes. The award this month of a grant of £11.5m by the Homes and Communities Agency for future Extra Care schemes, with a further allocated £7.5m to Ashley House partner schemes, again illustrates the Group’s presence in the space. Once the LHA cap consultation is completed, we expect demand for Ashley House’s Extra Care schemes to increase over the coming years. Whilst risks remain, trading on a FY 2017E PER of just 3.8x and EV/EBITDA of 2.5x, we believe the shares remain undervalued and maintain our 15p target price.

[knicol46] 21/2/2017 13:31

something leaked?

[knicol46] 21/2/2017 13:26

movement happening

[tradermick1] 21/2/2017 13:04

40k at full offer is a rare trade in ASH atm

After the spike to 10p the price has dropped to 7-7.5p and not moved for almost 4 weeks so if it does go blue there might be a good rise to come.

[knicol46] 13/2/2017 08:38

15p target price..
• The pipeline of on-site and appointed Extra Care schemes currently stands at £149.5m across 17 schemes (£4.1m on-site, £145.4m appointed), with a further £21.2m in Health across a further 8 schemes. Harwich Extra Care was completed in December 2016, with three further schemes currently being onsite - Walton on the Naze Extra Care and Health schemes in Swansea and Wivenhoe. The award this month of a grant of £11.5m by the Homes and Communities Agency for future Extra Care schemes, with a further allocated £7.5m to Ashley House partner schemes, again illustrates the Group’s presence in the space. Once the LHA cap consultation is completed, we expect demand for Ashley House’s Extra Care schemes to increase over the coming years. Whilst risks remain, trading on a FY 2017E PER of just 3.8x and EV/EBITDA of 2.5x, we believe the shares remain undervalued and maintain our 15p target price.

[tradermick1] 31/1/2017 10:04

Just started at 100k offer online and worked my way down and even at 1000 shares there is no online quote to buy.

Cannot even buy 250 shares.

Price should bounce from here

[tradermick1] 28/1/2017 11:55

Just too cheap on those forcasts. So with uncertainty you will not get a PER of 10
but you should get half way say PER of 5 which is 13p, either way the current price of around 7.5p is just too low.

[first_things] 27/1/2017 12:00

The forecasts are from WHIreland.

There is only 3 months of the financial year left so not long to wait. They say the forecasts are dependent on three further schemes reaching financial close before April. The interim results reference these schemes so it is still possible for Ashley House to achieve the forecast numbers. If the numbers are reached a fair value for the shares would be around 26p (2.6p ESP with a PE of 10). These numbers are not factored into the share price so if they are hit we will see a revaluation.

"We currently believe that three schemes in our Extra Care pipeline will be able to reach contract before our year end thereby qualifying for revenue recognition, although they all still require Local Authority and partner board final approvals."

Year ending 30th April 2017
Turnover of £28 million, £1.5 million profit and ESP of 2.6p

Year ending 30th April 2017
Turnover of £31.7 million, £1.8 million profit and ESP of 3.0p

[tevita] 27/1/2017 11:33

WARNING hatey is going to work a PUMP and DUMP here

many times he has FAILED

[tradermick1] 27/1/2017 11:31

First things

Got a link for those broker forcasts ?

[greedfear] 27/1/2017 11:24

I'd say 10-11p would be a fair share price Good enough for me if we would see that in 6 months or so.

[first_things] 27/1/2017 10:50

The broker is forecasting turnover of £28 million, £1.5 million profit and ESP of 2.6p.

The current market cap is around £4 million so how does the business be valued in these numbers of achieved?

[tevita] 27/1/2017 10:45

how many followers you got on twitter now hatey ??????????????????

Tops has got 3285

well come on hatey aka tradermick1 ???????????????

so you got one right hatey but many more wrong and you are known to be untrustworthy hence so few followers on twitter

hatey = con man

[first_things] 27/1/2017 10:44

226k looks like a delayed trade so could have been from earlier in the week.

[tradermick1] 27/1/2017 10:42

ZOO would have to be 13p to make up for the profit made in HAIK.

"LOL"

Keep trying :-))

[tevita] 27/1/2017 10:40

how is ZOO doing tradermick1 ?????????????????????

LOL oh you sold out before the rise LOL

[tevita] 27/1/2017 10:34

LIAR and con man hatey

[cockerhoop] 27/1/2017 10:34

LTBH = Long Term Buy and Hold

[tevita] 27/1/2017 10:34

oh dear hatey AKA tradermick1 back on here watch out for the PUMP and DUMP

[tradermick1] 27/1/2017 10:31

Always one isnt there.

226k sells for 6.6p, some people seriously need to learn that splitting trades can
save you thousands. What a price to sell at, it was well over 9p a few days ago.

Must have already been sold on as I cannot even buy 5000 shares online at 7.5p

[first_things] 27/1/2017 09:28

Just wanted to see what I can pick up in size:)

What does LTBH mean?

The shares are up slightly on the week with a little bit of volatility from short term money.