Bloomsbury Publishing Share Discussion Threads

[catsick] 21/5/2018 11:12

Results are tomorrow, maybe somebody got a sniff of them today !

[catsick] 21/5/2018 11:05

Ooops sorry that was for the aaz thread !

[catsick] 21/5/2018 10:57

Ipo was at 77p over 10 years ago, thats the next target !

[from8to800] 21/5/2018 10:53

When exactly are results out?

This has been in a base for a looong time. "Significantly ahead" trading statements tend to make good catalysts and I think that's what we're seeing. Just how far it'll go is anyone's guess, but for the time being I'm bulish, and holding.

[catsick] 21/5/2018 09:04

Looking good for the results and we know they should be ok ....

[18bt] 18/5/2018 17:34

And results next week....

[essentialinvestor] 18/5/2018 16:13

Breatout? Very pleased with this.

[essentialinvestor] 14/5/2018 11:51

Getting some support this AM.

[essentialinvestor] 10/5/2018 00:24

Approx 11 X earnings net of cash balances, that's not a growth rating.

[pireric] 09/5/2018 23:27

The issue is that, unless they pull a massive rabbit out of the bag, next year is going to look very drab, maybe even negative growth ? as they lap this year

but that's almost the nature of the business. Buying when the business was performing well over the past 7 years hasn't reaped rewards because everyone knows that the following period is likely to revert back to the mean and so these levels of revenue growth and profitability are merely temporary. This, I think, is why the share price has not reacted amazingly over the last few weeks

[essentialinvestor] 09/5/2018 10:54

If, and it's still an IF, BMY can add £5 Million pre tax from digital resources,
the share price will be nowhere near current levels.

Financial year 2021/22 is the target, not 2020.

So Yes there may be opportunities to add lower,
or BMY may not achieve targets. However the current rating does not
factor in additional potential profitability, imv.

[pireric] 08/5/2018 20:48

Still not sure this is really going to move the needle. Digital portfolio ex ebooks doesn't look likely to take off any time soon - so while financials all good, the risk here is opportunity cost and that you're just holding this without a return ex dividends for a long time.

[essentialinvestor] 08/5/2018 19:30

Hopefully a lot more of this to come.

[catsick] 08/5/2018 07:40

Nice update re spotify, I am sure they got a decent deal, BMY of course make much larger profits than spotify, have great IP and are priced at about half a percent of the value of spotify ....

[essentialinvestor] 04/5/2018 18:15

Added a few earlier and yesterday.
Only discovered yesterday Bloomsbury have world rights
to the Jim Kay illustrated editions of Harry Potter.

[essentialinvestor] 03/5/2018 10:29

Results on the 22nd.

Mentioned last year the longer term potential of Sarah J Mass
and her growing series of novels, may be underestimated.

[essentialinvestor] 01/5/2018 08:00

I notice the planned launch of paperback illustrated editions of Harry Potter.

[catsick] 01/5/2018 07:23

Nice little bolt on acquisition at just over one times revenue, they are rolling up some nice niche businesses at low prices and I am sure they can wring out efficiency gains as well as additional revenue from digital content endeavors etc

[essentialinvestor] 30/4/2018 11:20

Hoped this may slip back a bit.

[essentialinvestor] 27/4/2018 15:43

BMY's free cash flow generation is phenomenal atm, is this increasing licensing/monetisation of their growing IP?.

Expect another nice dividend increase next month.

[pireric] 25/3/2018 18:53

I've tried to get myself excited enough to get in this but I just can't do it. Digital is too small so this is still subject to the cyles of good and bad book releases and the valuation will match that.

Might be interesting come 2020 when digital (Ex e-books) is a bit bigger

GL all. Valuation is very attractive, just can't see the story for now

[18bt] 21/3/2018 14:35

Simon Thompson in IC has written up again: Analyst Malcolm Morgan at brokerage Peel Hunt upgraded his pre-tax profit estimate by 7 per cent to £13m to produce adjusted EPS of 14p, up from 12.6p in 2017. Closing net funds of £25m were £4m higher than Peel Hunt’s forecast, a sum worth 33p a share, and supportive of a further rise in the dividend per share to 7p. On this basis, Bloomsbury’s shares are rated on less than 11 times earnings net of cash on the balance sheet, in line with book value of 185p a share, and offer a 3.8 per cent prospective dividend yield.