Aukett Swanke Share Discussion Threads

[this_is_me] 21/9/2011 16:08

A share price of 15p would mean a Market Cap of over £20 million. Last year the first half revenue was £4.1 million and the second half £3.8 million. This years first half revenue was £1 million lower. Even at the peak eps of 1.19p in 2008, when the revenue was £22.6 million, a share price of 15p would give a P/e of around 12.6. I think that you are not living in the real world. There are large cap firms that have not lost much in the way of revenue yielding over 7% and at single figure P/Es so what id the argument for pushing a small illiquid micro cap to the level that you suggest just so that you can get your money back?

[kinghorm23] 21/9/2011 15:49

Back in 2007 they made 800k on 16 mil of turnover.

If margins are similar then 80 mil of turnover could result in
a 4 mil profit next to a 4 mil market cap.

Dont think the market has priced this one in yet, bit of a guessing
game but only on the upside not the downside.

[kinghorm23] 21/9/2011 15:41

Forget the past with price and performance.

You will find that 3p is very cheap, they could well make profits in excess
of the current market cap so in reality after that Rns the shareprice could
easily be 15p not 3p, there will be one almighty correction when Auk confirm
the bullish update from yesterday.

[this_is_me] 21/9/2011 14:57

Don't be an idiot! If it goes sub 2p I will buy in again for sure.

[warwick69] 21/9/2011 11:46

if that 543500 trade was a rollover bit expensive just cost someone £4k masssive spread that will put peeps of trading ? big fall from yesterdays highs is it now over done on the retrace?

[linslader] 21/9/2011 11:09

Lol, congrats on being the first to post that cliche, and goodbye.

[this_is_me] 21/9/2011 10:13

Glad to have sold yesterday for 4p for a profit. Expect a slide back down. I may buy back in again at some point.

[analyst008] 21/9/2011 07:51

Got a mention in the Independant today and This is money (daily mail)
Growth Company and the construction index website also mentioned about AUK.

[offerman] 20/9/2011 16:45

bigbigdave - 6 Nov'06 - 08:36 - 35 of 413

Do you work at an Architects in a small town in Somerset??

[offerman] 20/9/2011 16:43

Just seen this top of the leader board, name rung a bell.

Did this used to be Aukett Associates ?

[iloveit] 20/9/2011 14:19

epic UVEL ,Look its moving again pre results!!!!!!!

[citytrader 007] 20/9/2011 12:00

Which in laymans terms means "dumping like a pig due to selling".

[analyst008] 20/9/2011 11:31

MM's are tree shaking now.
Back to a reasonable level.

[london calling] 20/9/2011 10:37

on the strength of the trading statement I can see this being a 5 or 10 bagger over 2 years if the contracts all materialise.

[still waiting] 20/9/2011 10:08

hoping IHUK the sleeping stock can wake up soon as well.

[analyst008] 20/9/2011 09:50

sellers coming in.
4.5p bid
And we haven't reached lunchtime yet.
Back over 5p bid by close of business?

[tonester30ccfc] 20/9/2011 09:49

bb,

Yes, you are right. I've edited my post for accuracy.

Tone

[double6] 20/9/2011 09:49

Enjoyed that - take a look at LGN also.

Capped at £200k

net Assets £900k.

[still waiting] 20/9/2011 09:49

well done guys..

[analyst008] 20/9/2011 09:47

touched 5.25 and now 4.75 bid.

[analyst008] 20/9/2011 09:45

make that 4.5p bid

[analyst008] 20/9/2011 09:44

4p bid now

[britishb] 20/9/2011 09:43

No, you've read it wrong Tonester.

"The impact of this will be seen mainly in the year ending 30 September 2012 and beyond."

i.e. the revenues will start to flow in the year beginning 1st Oct 2011. No "gestation" period.

AUK are already profitable in H2 this year and it looks like things are on firmly on the mend.

You are, of course, right to point out that it is unlikely that all these project will come to fruition but even so the market cap of AUK is very very low vs it's potential profits.....

[tonester30ccfc] 20/9/2011 09:36

What they are actually saying, is that trading conditions have improved recently and the company is expecting to post a much smaller operating loss. That's the only factual good news; the balance of the rns is blue sky wishful thinking.

The schemes that could provide as much as £82m in fee income (blatant ramp!) will be built in 2013 and beyond.

The company notes that input will occur over the next 18 to 24 months and it goes on to say that the financial impact will be seen in September 2012 and beyond.

I'd still like further detail on the schemes. Have the clients secured funding? Do they own the land that they are proposing to build on? Have they secured tenants? What is the weighted probability against each of these schemes and against the pipeline as a whole?

No doubt the company has had a decent 6 months (as has a number of professionals in the industry). Before buying into the opportunities list, I'd like more detail.