Bloomsbury Publishing Share Discussion Threads

[shauney2] 25/10/2013 13:39

Very good.No doubt a few profit takers at the end of the day but a good week.

[bruceylegs] 24/10/2013 13:52

L&G have upped their stake:

[shauney2] 24/10/2013 13:12

I was hoping for a pullback to add but I guess ST has scuppererd that for a while.

The only blip I could see on the positive interims was the decline in the US e- book sales.
Very much second half weighted.

Outlook

"Traditionally sales of trade titles peak for Christmas and sales of academic titles peak in the autumn, at the beginning of the academic year. We expect our results therefore to continue to be significantly second half weighted.

As usual, the Group is targeting a number of contracts from which we expect to deliver Rights & Services income in the second half of our financial year, some of which are not yet contracted"

Also the Hart acquisition should add the second half earnings.They still have net cash.

"The business had GBP10.0 million of cash as at 31 August 2013 (31 August 2012: GBP10.6 million). During the period GBP2.0 million was paid as instalments for the acquisitions of Fairchild Books and Applied Visual Arts Publishing. On 2 September 2013, after the period end, Bloomsbury paid GBP6.4 million in cash for the acquisition of Hart.

So on a cheap rating of around 12 with at least 6p in dividends for the next year, a good buy on the dips and hold up to the full year results.Goes ex for the interim next week for a 0.98p.Not massive but will pay the wine bill.

[elmfield] 24/10/2013 12:00

Simon ups to 210 from 180.
I am holding tight, adding on any pull back.

[cellars] 24/10/2013 08:35

OK, the H1 PBT is much smaller than H2, but it is still some 8% ahead of what I was hoping for. I expect broker upgrades to sustain the share price momentum.

[pillion] 24/10/2013 07:49

Turnover GBP49.2 million (2012: GBP43.5 million) +13%

-- Profit before taxation and highlighted items* GBP2.8 million (2012: GBP2.1 million) +33%

-- Profit before taxation GBP1.1 million (2012: GBP0.9 million) +33%

-- Interim dividend pence per share 0.98 pence (2012: 0.94 pence) +4%
-- Diluted earnings per share before highlighted items* 2.89 pence (2012: 2.13 pence) +36%

-- Diluted earnings per share of 1.17 pence (2012: 0.84 pence) +39%

[royaloak] 24/10/2013 07:12

Looking more fully valued to me now,but not really looked that closely at breakdown of the results, however I did sell having bought at a good price.

[beangrinder] 24/10/2013 06:46

No comments yet on these vg results? All profit measures showing >30% growth and stronger half to come. The forecast PE of 12-13 looks too low for this kind of growth. I am a happy holder for more to come.

[royaloak] 23/10/2013 14:24

No clues from the market, can sell 0.25p more than Bid and buy 0.25p below the Offer.

[elmfield] 23/10/2013 12:28

Up early tomorrow,
That is for sure.
Holding on to all my shares, have not been tempted
to top slice, hope that proves to be the right decision.
Going to find out either way.

[pillion] 23/10/2013 09:23

Results tomorrow ;;-

[elmfield] 20/10/2013 12:32

Yes, Tara7,
Thank you for that, looks good here and there?

[tara7] 19/10/2013 09:36

Might like to see my last 3 posts on the PTO thread good news for BMY.!!

[shauney2] 19/10/2013 07:43

Someone was very confident of the interim results being good,paying 177p for 15k late yesterday.
Looking at the last IMS I think they have good reason.Revenues were well up in digital as well as print.Lets see if that has turned into profit.
They should still have net cash of 2-3 million even after the earnings enhancing acquisition of Hart publishing.

[elmfield] 18/10/2013 15:27

Gets better and better,

[elmfield] 10/10/2013 15:26

Better than royal mail this is,
Nice to see our faith being rewarded.

[pillion] 08/10/2013 11:01

Quite right EM; mea culpa

Thursday 24 October 2013

[eezymunny] 08/10/2013 10:57

Results are Thursday 24th Pillion

[pillion] 08/10/2013 10:27

T, that's very interesting
Good luck

Meanwhile BMY are doing the Biz and paying a good dividend
Might be increased on Thursday

[tara7] 08/10/2013 09:00

OUR mate in the I/C seems to have overlooked the real star PTO:

PTO have the selling rights from Bloomsbury for both Drama and Churchill online.

They have out sold by a mile what BMY had in its budget two years ago.

PTO is the NO 1 in its field of Publishing software, and has a J/V in China with state publisher 60% market share.!!

Valued at a tiny £40M.!

[pillion] 08/10/2013 08:55

More buying today in front of Thursday's news

[elmfield] 07/10/2013 15:07

Excellent move up.

[games] 04/10/2013 09:59

hxxp://www.booktrade.info/index.php/showarticle/49934 small drama online mention

[pillion] 04/10/2013 07:38

Bloomsbury will announce results on Thursday 24 October 2013.