Centralnic Share Discussion Threads

[nobilis] 02/1/2020 10:13

Next leg starting, higher buying prices getting paid now

[nobilis] 02/1/2020 08:13

Got to go over 100p today

[rivaldo] 01/1/2020 17:32

Thanks Dave - good to see CNIC as the first tip! Should bring in some more interest tomorrow.

I also think the prospective P/E of 10 mentioned is incorrect - and much too high - given the Zeus forecast of around 10.4p EPS for next year (assuming Zeus haven't mangled their research note numbers and got pence confused with cents).

[nobilis] 01/1/2020 11:01

Cheers dave Looks like the scsw well beat them to it at around 60p last month

[rivaldo] 31/12/2019 09:19

Very strong end to the year - and buying coming in at the full 88p offer price now.

Could well be lots more to come in 2020. Happy New Year to all.

[waterloo01] 28/12/2019 16:06

Thank you. Very insightful.

[nw99] 27/12/2019 19:58

Agreed no interest in that stock

[waterloo01] 27/12/2019 14:17

Hi anyone here also in MMX. Interesting comparisons although CNIC is beating them hands down on share price performance.

[battlebus2] 27/12/2019 13:53

HNY Rivaldo 👍

[onjohn] 27/12/2019 11:48

🚀 🚀

[rivaldo] 27/12/2019 10:05

More new highs.

Happy New Year to all here.

[onjohn] 24/12/2019 12:05

⚡️

[onjohn] 24/12/2019 10:31

Per of 20 —- 200p

[onjohn] 24/12/2019 10:30

🚀 🚀 🥂

[onjohn] 24/12/2019 09:27

Boooooyakkka 100p on way

🚀

[rivaldo] 24/12/2019 07:11

And there we have it - completion of the acquisition:



The forecast for the coming year should now be around 10.5p EPS given that this acquisition will be around 44% earnings-enhancing.

That's a P/E of just 7.1.

Nice commentary from the CEO:

"Ben Crawford, CEO of CentralNic, said: "The acquisition of Team Internet is a natural extension of CentralNic's domain sales business and a major step in adding domain related web services to CentralNic's service offering. It is another web-based recurring revenue business that will be significantly earnings enhancing for the financial year ending 31 December 2020."