Centralnic Share Discussion Threads

[rivaldo] 23/12/2019 10:44

This morning's Matomy EGM has approved the sale of Team Internet to CNIC. So as CNIC have previously flagged, the acquisition can now formally go ahead:



Which no doubt is why the share price has moved up this morning.

[onjohn] 18/12/2019 11:04

CNIC up




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[rivaldo] 16/12/2019 12:20

Buying at the full 73p offer price now.

[onjohn] 16/12/2019 12:05

Yes indeed indeed

[nimbo1] 16/12/2019 10:44

so 9.4 EPS on a 20x rating given most income is recurring in nature = 188p price target within 12 months...is that fair?

[onjohn] 16/12/2019 10:16

Folks the PER is 6. Deal consummated today

[albanyvillas] 13/12/2019 09:14

PE is 6 which is absurd low

[rivaldo] 13/12/2019 09:09

Topped up with some more this morning. The P/E is ridiculously low given the figures above, and after the election result the markets can now look forward with confidence.

[johnv] 09/12/2019 13:09

Decided to do a small buy on the other company, mmx

[tomv33] 09/12/2019 08:29

Predictions for the price next year?

[cheshire man] 09/12/2019 08:22

Glad to be a holder :-)

[nw99] 09/12/2019 08:20

Nice tip as well

[nobilis] 09/12/2019 08:20

Cant argue with a PE of 6 for next year

[rivaldo] 09/12/2019 08:13

Positive Board changes this morning, with an internal promotion to Chairman and the old Chairman evidently amicably staying on the Board as a non-exec.

Nice share price move this morning on the back of it. And on the back of mentions elsewhere :o))

[saucepan] 26/11/2019 14:46

But why no Ben Crawford, I wonder?

[rivaldo] 25/11/2019 15:20

The directors are already interested in around 67m shares between them.

So they definitively have a shared interest with the rest of us in the company's success:

[johnv] 25/11/2019 13:37

Would be nice if the directors dip into their pockets.

[rivaldo] 25/11/2019 09:21

Another new interview with the CEO. The disparity of valuation between CNIC and the larger players in the sector is huge - hopefully, as discussed here, CNICs new enlarged scale will bring a re-rating in the share price as well as in profitability.

Especially if CNIC becomes a target for those larger players:

[fillipe] 21/11/2019 15:45

Lowest ask on show is now 60p, as I type.

f

[rivaldo] 21/11/2019 11:22

New article - the acquisition will be 44% accretive to EPS per Zeus Capital, who even prior to the acquisition have CNIC on a P/E of only 9.2 (I assume they mean the P/E will reduce further, not increase!):



Extract:

"CentralNic’s Team Internet acquisition to be 44% accretive to earnings in 2020

Based in Munich, Team Internet currently runs its operation through over 20mln different domain names serving 35,000 customers

CentralNic Group PLC’s (LON:CNIC) acquisition of German group Team Internet is expected to be nearly 44% accretive to the group’s earnings for its 2020 financial year, according to new analysis from the company’s house broker.

Zeus Capital added in a note published on Monday that the purchase will also be 40.6% accretive in 2021.

WATCH: CentralNic's acquisition of Team Internet to be 'significantly earnings enhancing'

The broker currently has the firm pegged with a price/earnings (PE) ratio of 9.2 for its 2020 financial year, however, this is expected to increase once the acquisition completes next year.

Speaking to Proactive on Monday, CentralNic chief executive Ben Crawford said what makes Team Internet distinct from the rest of its businesses is rather than selling domain names for websites it allows companies to place adverts for themselves of the web pages of defunct competitors, redirecting consumer traffic towards their own sites.

This model means companies can get “the best customer [they] could possibly want”, Crawford says, adding that Team Internet currently runs its operation through over 20mln different domain names serving 35,000 customers.

For CentralNic, the purchase adds another recurring revenue business with organic growth of around 4% per year.

“It’s a business we’ve been chasing for some time”, Crawford says.

etc"

[rivaldo] 19/11/2019 14:52

Good to see buying coming in at 57.5p, above the 57p published offer price.