Centralnic Share Discussion Threads

[earwacks] 04/1/2023 13:39

Just back from a lifetime trip to India and managed to avoid all temptation to look at the markets. So this was a a welcome home surprise. I don’t know why it was a surprise really but sentiment has not been great even for top performers. With Kestrel buying at these levels I hope the January update will validate this continued confidence. Good luck all for a prosperous year in this one at least

[jeanesy] 04/1/2023 07:56

i think its going to be a daily occurence rivaldo.

[rivaldo] 04/1/2023 07:10

Another 156,591 shares bought back at just over 156p:

[jeanesy] 03/1/2023 07:54

Should help the recent positive momentum

[rivaldo] 03/1/2023 07:07

Happy New Year to everyone here.....

And an encouraging start to 2023 for us CNIC holders:

- Kestrel continue to buy - they've bought another 74,000 shares and now own 22.7%
- and CNIC have started the buybacks with a bang, buying in 220,000 shares at 154.4p

[davebowler] 03/1/2023 06:18

RM brings in cash from IP address sales
Educational services company RM (RM) has offloaded a portion of its Internet Protocol v4 (IPv4) addresses for $10.2mn (£8.5mn) to Hilco Streambank.

The addresses were listed as intangible assets and had been acquired at nil value so the deal will not affect the company’s net assets, other than the addition of cash from the sale, it said. The money will be used to strengthen the company’s balance sheet.

RM added that it retains the rights over around 294,000 other IPv4 addresses.

[hsduk101] 30/12/2022 10:41

It's also hit a breakout this month, which will bring it on the radar for some

[doobz] 30/12/2022 10:05

Well done everyone, a pivotal moment for the share price here. expecting a continued rally from here now

[deanowls] 30/12/2022 08:43

I’d expect a small dividend also going forward.

[tradertrev] 30/12/2022 08:38

It's happening people. Would be interested in Sphere's take on it now. He/she has good market judgment (IMO).

[yf23_1] 30/12/2022 08:34

Judging by the trades at the 150 level, I would imagine the sell side has been slowly eroded and will soon give way to a breakout. There's not been any indication of a pullback from near this level even after quite a rise.

[johndoe23] 30/12/2022 08:34

150p now broken, could be a nice run to 170-180p?

[hydrus] 30/12/2022 07:30

If management believe the stock is too cheap they may well believe it is more advantageous to buy part of their own company rather than say acquiring another company with the capital. Paying dividends means capital exits the business completely and might not be in shareholders interest if shares can be purchased cheaply.

[ali47fish] 30/12/2022 07:26

i can never understand what benefit buybacks bring to shareholders and why not a dividend instead

[rivaldo] 30/12/2022 07:11

Good to see the £4m share buyback programme launching today....



"The Board considers the Buyback Programme to be in the best interests of all shareholders, given the cash generative nature of the business and the strong performance compared to expectations. It reflects the Group's more balanced future approach to capital allocation."

[johndoe23] 29/12/2022 11:13

Nearly at 150p

[slim9] 29/12/2022 09:13

Ditto - all looking Good.

[timmy11] 29/12/2022 07:40

thank you, rivaldo

[rivaldo] 29/12/2022 07:14

Interview with the new CEO....



Extract:

"One can see from our segmental reporting that our success is largely driven by the Online Marketing business. The growth is the result both of more consumers engaging with our websites, which increased from 1.8bn in the first 9 months of 2021 to 3.3bn in the first 9 months of this year, and us increasing the value per consumer engagement, from an average of USD 64.9 per thousand in the first 9 months 2021 to USD 104.1 per thousand engagements in the first 9 months this year. This is what actually drives the business."

[jeanesy] 23/12/2022 18:12

It is high time that this went above 150p. Fingers crossed it is very soon

[robow] 23/12/2022 14:02

thanks Riv. Happy Christmas all

[rivaldo] 23/12/2022 07:32

Here's a link to that Regency Capital note on their stock tips for 2023:

[rivaldo] 22/12/2022 12:35

Agreed - but with such influence they can instigate, accelerate and get behind a sale of the business if they so desire.

I've just received on email Regency Capital's five stock tips for 2023. CNIC are one of them - in fact, CNIC is the first such tip featured, so is the most prominent.

It was obviously written up a couple of weeks ago as it mentions Ben as CEO! However, the summary remains accurate:

"SUMMARY:

CentralNic is amassing a goldmine of data through its domain name platform, which it is now monetising through its fast-growing marketing division.

Both segments of CentralNic’s business (Online Presence and Online Marketing) dovetail beautifully – creating an overall model with high levels of recurring revenue, strong cashflow generation and plenty of scope for organic and acquisitive growth.

The shares offer investors value and growth – trading on a forward price to earnings growth (PEG) ratio of just 0.4 (where anything less than 1 is good)."

[azaman] 22/12/2022 11:59

Kestrel is a fund manager and therefore, unlikely to be wanting to buy a business.
Am I right?