Bond International Share Discussion Threads

[asagi] 05/4/2012 14:42

Morningstar is carrying some new forecasts, presumably from house broker Cenkos.

2012F: 4.45p EPS, 1.33p dividend
2013F: 5.72p EPS, 1.48p dividend

given the "Adjusted diluted earnings per share of 4.71p" reported in the recent prelims, it would appear the analyst community is expecting profitability to DECLINE for this year, before increasing a considerable 28% in 2013. That's a pretty weird forecast, given the Outlook statement:

"The group faces an exciting period. Our export markets are becoming increasingly active... there is a new mood of optimism among staffing companies. Our emerging markets in Japan, China and South America represent significant opportunities for growth...executive search, corporate recruitment and welfare to work will all be big markets for the group in 2012."

which suggests growth will be achieved in 2012.

Asagi (long BDI)

[asagi] 04/4/2012 08:25

The contract win that was trailed yesterday has obviously since been confirmed. here is the RNS:

following a successful pilot, it has signed a contract worth AU$ 1.25 million, with one of the largest Australian recruitment providers.



AU$ 1.25m = GBP 800k

Shares up 3.6% this am (spread an horrendous 7p, will surely settle later today).

Just goes to show shares are still too cheap.

Asagi (long BDI)

[sir rational] 03/4/2012 08:50

Points to illiquidity that can be just as much a friend as a foe...

[asagi] 03/4/2012 08:49

5,000 just gone through at 49p. (apols for the low quality analysis)

[sir rational] 03/4/2012 08:26

44p looks a good level to say goodbye to

[asagi] 03/4/2012 08:09

15,000 just gone through at 46.5... no move in offer... still at 45p!

Asagi (long BDI)

[asagi] 03/4/2012 08:08

agreed Sir Rational, I expect we will end the day ahead, by double figures. How about that for a vague prediction!

Asagi (long BDI)

[sir rational] 03/4/2012 08:07

MMs asleep, same with PIs

[asagi] 03/4/2012 08:03

Offer price unchanged on yesterday. Seems to have been a flurry of P/I sized buying though.

[sir rational] 03/4/2012 08:02

See what I mean? Early bird etc

Probably +10% within a couple of hours

[sir rational] 03/4/2012 07:56

People often asleep first thing, might be feasible to buy in on the open without paying much of a premium.

[asagi] 03/4/2012 07:42

Agreed entirely Sir Rational. I doubt I will be selling my shares for less than £1.

[sir rational] 03/4/2012 07:35

Great little company underneath, used to be invested but got nervous and exited with small profit around the £1 level.

Should bounce back nicely if they've sorted out the main issues.

100% upside within a year, easy.

[asagi] 03/4/2012 07:19

Looks fantastic on first reading. Divi up 50%.

[sir rational] 03/4/2012 07:05

Looks good

[asagi] 21/3/2012 23:10

Liontrust now own over 15% of Bond International:



Asagi (long BDI)

[asagi] 22/2/2012 15:12

Liontrust now own over 14% of Bond International:



Asagi (long BDI)

[napoleon 14th] 30/1/2012 19:03

I guess there won't be a squeak out of them until April?

Used to be a high flyer. Now drab & anonymous.
What went wrong?

[asagi] 02/11/2011 18:19

Liontrust have increased again and now own over 13% of Bond International.



Asagi (long BDI)

[napoleon 14th] 11/10/2011 09:04

Not bad at all. '11 P/E = 8?
Recurring revenue nearly = enlarged group's administration expenses,
debt down, new deals coming in. I'm keeping these for recovery, albeit long haul.

[napoleon 14th] 11/10/2011 08:59

September 2011

UNAUDITED INTERIM RESULTS

Bond International Software Plc ("the Group"), the specialist provider of software for the international recruitment and human resources industries, with operations in the UK, USA and Asia Pacific, today announces its unaudited interim results for the six months to 30 June 2011.

KEY POINTS

· Revenue increased by 40% to £18.4m (2010 restated : £13.2m) as a result of:

o the acquisition of VCG LLC and
the remaining 50% of Strictly Education Solutions Limited; and

o organic growth of 13%

· Recurring revenue grew by 36% to £11m (2010 restated : £8m) representing 7% organic growth

· Administration expenses increased by 22% to £13.3m (2010 restated : £10.9m) primarily as a result of acquisitions

· Adjusted profit after tax was £1.0m (2010 restated : £264k)

· Adjusted earnings per share were 2.52p (2010 restated : 0.80p)

· Net debt reduced to £2.3m

· Disposal of Abacus Software for a total consideration of £1.8m

Commenting on the results, Group Chief Executive Steve Russell said:

"The first six months of 2011 has undoubtedly seen significant improvement since the same period last year. However, we remain cautious about the prospects for the second half particularly in the UK and USA although we have high hopes for our
Asia Pacific operation in the medium term."

[napoleon 14th] 11/10/2011 08:58

Dead? Or forgotten?

Gone to other thread...

[asagi] 16/9/2011 17:02

don't let the share price decline since interims fool you, Liontrust have INCREASED their stake in the company.

Now stands at 12.04%.

So, that's (by my calculations) 81% of shares in the company are in the hands of six people/organisations.

However, that falls to 71% of the VOTING shares.

Whatever, its one hell of a compressed register. Clearly if anything were to 'happen' it would be quick. Just as it was last October.

Asagi (long BDI)