Augean Share Discussion Threads

[a0148009] 09/3/2017 18:57

Looks promising and ready by the end of the year.

[a0148009] 16/2/2017 10:05

Extraordinary they got so confused on announcement of annual figures - to err is human to forgive is divine - DON'T DO IT AGAIN.
On the other hand as the share price is up 10% do again next year.

AO

[cerrito] 15/2/2017 23:01

Rather a peculiar RNS today; they say 6 month results to 31.12 will be announced on March 21 having told us on Jan 23 that full year results will be announced on March 20.

[a0148009] 23/1/2017 15:12

Liquidity is a problem with circa 83% of shares owned by 5 institutions according to Digital Look, some appear to reduce after a decent rise which we had a while ago up to 66p.

AO

[cerrito] 23/1/2017 13:10

A reasonably encouraging update which perhaps will halt Utilico in its selling.
Good to see net debt go from £12.9m at half year to £10.8m-letR17;s hope this figure was not flattered by working capital movements.
I understand market consensus expectations are for PBT of £7.15m on an underlying basis which given that the first half figure was £3m before exceptionals suggests good trading.
I see nothing in the trading statement to expect any exceptionals in the second half.
To me at these prices more of a buy than a sell.

[pugugly] 18/1/2017 13:33

LBO;> As the one eyed man in ht eland of the blind od you have any other major benficiaries of North Sea decommissioning on your radar/watch list ? Fisher ? (FSJ), Wood Group (WG.) but (imo) WG. is more likely to be a looser.

[a0148009] 05/1/2017 18:31

Let's hope that block of shares explains the recent weakness after earlier rally up to 65p
AO

[fastbuck] 05/1/2017 17:49

That's some trade 2.4m at 53p

[a0148009] 10/12/2016 22:14

LBO re FD - Thanks I missed the earlier announcement.

AO

[lbo] 10/12/2016 12:15

Change in FD was not unexpected. It had already been announced in September.

[a0148009] 07/12/2016 12:29

The unexpected departure of the incumbent FD can sometimes be construed as something is not quite right "stepping down" is confusing did he resign for a better post or was he pushed, checked Digital Look he did not appear in directors shareholdings list. Fryer seems to have a decent CV and may possibly be more of a heavy weight with the Company growing.
3 million shares change hands on 18th November do not know if that had anything to do with it.

AO

[lbo] 07/12/2016 11:52

Augean has announced the appointment of Mark Fryer as Group FD, to replace departing FD, Richard Laker. Mark was previously FD of Dialight, with more recent roles as interim CFO of private equity owned businesses. Mark will join Augean on 14th December, with Richard stepping down on the same date. Augean remains on attractive valuation multiples despite recent positive share price momentum, with a strong track record of double digit EPS growth which we expect to continue over our forecast horizon. We anticipate the next news flow to be a year end trading update in January 2017.

[lbo] 30/11/2016 10:00

Edison apply a EV/EBITDA multiple of 5.7x to their increased one-year forward EBITDA estimates, which they say gives a fair value per share of 84p

[lbo] 22/11/2016 14:15

LBO - 21 Jul 2015 - 10:07 - 2041 of 2113From Trends and Targets:AUGEAN PLC (LSE:AUG) has a blue line. It also has a pink one. When we look at what's happening to the share price currently, it seems either one of them is important to the market and critically, should it now close above 57p, it betters both and will be viewed as starting a new trend. In the case of this share, our initial expectation would be 70p with secondary a pretty sane looking 87p longer term. And then, for those with infinite patience, it gets interesting. We've circled a movement back in 2007 when the price was gapped down from roughly 130 to 120, a movement which sparked the period of decline suffered since. It seems the share price needs now only CLOSE above 77p to tick the final box in an argument for a long term 135p which rather neatly will cover the gap and suggest we need revisit the tea leaves

[vacendak] 21/11/2016 15:14

Slow but steady recovery. Can't complain.
Hopefully will contribute to lifting UIL Ltd.

[a0148009] 18/11/2016 09:33

Chunky trades put through first thing this morning at 56p - 3 million total.
AO