Best Of The Best Share Discussion Threads

[jeff h] 04/11/2016 13:42

Shares in Best of the Best plc (LON:BOTB) revved higher on Friday morning after the firm’s bullish trading update gave investors a flavour of what to expect when it publishes its interim results early next year.

The company hailed the “strong trading” for the six months to October, adding that it now expects profit before tax for the period to be ahead of its previous expectations.

BotB – which has traditionally conducts most of its business in airports and shopping centres – also said that the proportion of online sales continues to increase.

Pleasingly for investors, operating margins improved during the six months, partly bolstered by a lower-than-expected spend on marketing.

The company – which runs competitions to win luxury cars online and at retail locations – said revenues for the period were in line with its previous forecasts.

City broker finnCap said it would upgrade its forecasts for Best of the Best following management’s revised expectations.

finnCap’s Harold Evans said: “Noting this strong first half performance, we reiterate our full-year revenue expectation of £11.2m (suggesting 11% y-o-y growth) but upgrade at the gross profit and EBITDA level.”

He added: “Revised estimates therefore point to a strong 2017 [financial year], whereby EBITDA (underlying earnings) is set to grow by 32% to £1.4m.

“In keeping the progress being demonstrated this year, we also upgrade our FY18 estimates, suggesting 10% earnings growth, leaving scope for potential outperformance.̶1;

Best of the Best’s target price was also moved upwards by the broker to 260p from its previous forecast of 227p.

The results for the six months to 31 October are due to be released on 18 January 2017.

(from proactiveinvestors.co.uk)

[luckyvince] 05/7/2016 08:50

I have been reading through RNSs and posts and everything looks good yet the share price seems to be in Free fall. Can anyone throw some light on this as I am looking for fallen shares to invest in.

[jeff h] 10/6/2016 12:52

Interview with Harold Evans from finnCap-



finnCap forecasts:-

Y/E 30/4/17 Pre Tax £1.20m EPS 9.10p Div 1.40p

Y/E 30/4/18 Pre Tax £1.40m EPS 10.70p Div 1.50p

[rndm355] 05/5/2016 14:02

ShareProphets article:

hxxp://www.shareprophets.com/views/20514/time-to-buy-best-of-the-best

[rambutan2] 04/5/2016 15:27

Although HMRC always seems to have a further appeal available.



Y/E trading update due shortly.

[jeff h] 04/5/2016 11:09

SPO won the VAT appeal case so looks as though £2m + interest will be winging its way to BOTB as well.

[thomasthetank1] 28/4/2016 13:59

Read Stockdale Securities's note on BEST OF THE BEST, out this morning, by visiting hxxps://www.research-tree.com/company/GB00B16S3505
"In mid-February, the group highlighted the strength of its balance sheet with its significant cash reserves. As a result, it held cash that was deemed surplus to the operational requirements of its continuing activities and so it declared a special interim dividend of 19.5p. The shares reacted positively to the announcement, rising from 176p to 219p. The payment was made on 19 March 2016 and the payout represented a yield of 11%, based on the opening price on the day of the announcement...."

[mctmct] 03/3/2016 10:34

Thanks. I read "The Special Interim Dividend will be paid on 18 March 2016 to shareholders on the register at the close of business on 4 March 2016." and forgot that the XD day is ahead of the register cut-off.

Is there an equally obvious reason why XD for a 19p divi leads to a 35p drop in SP?

[shauney2] 03/3/2016 09:55

Not holding here but i see its gone XD today.

[mctmct] 03/3/2016 09:53

Why the selling, 36 hours before the special dividend goes XD?

[jeff h] 15/2/2016 09:51

Ahhhhh Bisto!!!....Special Div of 19.5p, a similar amount to my purchase price and still the chance of the VAT refund to come.

[paulypilot] 13/1/2016 12:39

I'm interviewing the CEO on 15 Jan (this Friday).

So if you wish to submit a question, pls do so using this link:


NB> I won't be checking back here, so pls don't post any questions here!

Regards, Paul Scott.

[jeff h] 12/1/2016 21:58

Yes on-line certainly the main focus now rather than the physical side though expansion in India could prove exciting.

A Brucie Bonus £0.34m tax credit shortly to be received as well.

[rambutan2] 12/1/2016 12:30

Interims out and show rev up and spend up as go for growth...

[mctmct] 09/12/2015 14:38

The price moves a long way on low volumes, it seems. When are they next due to report?

[tomps2] 29/8/2015 13:30

Here's the CEO William Hindmarch speaking, 29.5.15:

[jeff h] 09/7/2015 15:10

Thanks for the snippet glenn though the emphasis seems to be with developing the on-line side of the business.

[glennborthwick] 09/7/2015 10:12

Bham airport said sales good and boss there today negotiating a new 5 year lease.

[jeff h] 10/6/2015 08:38

Indeed excellent results ahead of the revised forecast.

Massive increase in the on-line side of the business in H2, double last years H2 sales so this augurs well for the current year and presumably Charles Stanley will be revising the 2016 forecast upwards.

Worth keeping an eye on the developing Indian franchise business as well.