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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Cerillion Plc | CER | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -20.00 | -1.09% | 1,810.00 | 16:35:06 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1,855.00 | 1,825.00 | 1,855.00 | 1,810.00 | 1,830.00 |
| Industry Sector |
|---|
| SOFTWARE & COMPUTER SERVICES |
| Top Posts |
|---|
Posted at 13/6/2024 10:19 by robow from Shares magazine this morning. A terrific write upCerillion is a built-in-Britain quality tech growth stock that you should own Billing and customer management platform ticks so many investor boxes 13 June 2024|Great Ideas Cerillion (CER:AIM) £15.78 Market cap: £565 million Not every investor will back young (ish) technology-led growth companies because it often means being willing to steal yourself through years of painful losses at the start of the journey. It’s why so many feel the need to look overseas for sustainable tech growth, with real profits and cash flows. But while built-in-Britain opportunities in the space may be rare, they do exist, and Shares believes that Cerillion (CER:AIM) is one of them. If you’ve not come across the company before, in short, it scores very highly on core quality growth metric like returns on capital, equity and operating margins, throws off oodles of cash and appears to have years of growth runway before it. Data suggests a global opportunity in this space worth $70 billion by 2027, so while it doesn’t operate across that entire scope (it doesn’t work in China, for example) it’s still an enormous opportunity, with potential to scale out vertically into other utility industries, like water, and electricity, for example. WHAT THE BACKGROUND? It floated in 2016 on the junior AIM market, which may be one reason why you might have missed its progress, but has been around for nearly three decades, having been spun-out via a management buyout from Logica in 1999, and it is still led by Louis Hall, chief executive, and the main driver of that spin-out. Cerillion built its reputation on an integrated enterprise billings and customer relationship management software platform sold to telecoms companies, particularly tier two and three operators. But it has expanded the suite over the years to cover charging, interconnect, mediation, and provisioning solutions. The company names clients including KDDI (9433:TYO), listed in Japan, India’s Airtel, and Manx Telecom, the Isle of Man operator that used to be listed on the London market until its 2019 private equity buyout. More familiar names like Three, Virgin Media and Cable & Wireless are also on the list. ATTRACTIVE OFF-THE-SHELF SOLUTIONS Crucially, Cerillion’s suite offers the industry the kind of flexible, off-the-shelf solutions needed to monetise vast capital investment in new 5G mobile (6G is coming) and fibre networks in a savagely competitive market environment. Increasingly selling five-year software-as-a-servic This helps explain a consistently growing new sales pipeline that hit a record £254 million in the first half of fiscal 2024 (to end of September). Annual recurring revenues account for about two-thirds of the firm’s £22.5 million sales, particularly sticky given the value proposition, switching difficulty and costs. IMPROVING QUALITY Operating margins continue to expand to 43.4% in the first half, showing that Cerillion is keeping a firm grip on running costs. It threw off £4.7 million of free cash leaving the company debt free with £26.6 million net cash on the books. It pays modest dividends, the full year yield is about 0.8%, but investors would be buying for growth, not income. And overall, shareholder returns have shone. In three years returns on capital and equity have grown from 29.7% to 37.3% and 35.5% to 40.7% on equity. In five years, the stock has soared 928%, and 2,005% since IPO, and now trades on rolling 12-months PE (price to earnings) multiple of about 30, according to Stockopedia data. But we believe long-run growth stories like Cerillion need to be judged over several years, not just the next year. Using forecasts out to full year 2026 supplied by Berenberg and Liberum implies an average PE of near 25 over that period. And both brokers suggest upside risk to their estimates. One final point, Cerillion could be targeted by private equity firms. Hall owns just over 30% of the shares, so any offer would have to be compelling and at a sharp premium to current valuations. But as we have seen in recent years, private equity buyers have cash to splash and are keen over UK quality assets possibly trading at discounts to overseas peers. So, no takeover slam dunk, but it’s another factor to build into your investment decision. |
Posted at 06/5/2023 08:09 by cfro We also have the legendary Jason Needham @stealthsurf who is without doubt one of the premier private investors/traders in the country. If you have a penchant for technical approaches to taking on the markets, then you will be fascinated by Jason’s insights.Gimme a break....These people do a real disservice to the industry and should not be given the time of day.. |
Posted at 22/3/2022 09:24 by cfro There has been quite a bounce from the over-sold lows at 600p or so. I suspect a few were caught out there.It also seems like a few investors have sold up and taken profits in recent weeks but i think that is a mistake. |
Posted at 22/11/2021 01:09 by davidosh Cerillion will be will be presenting on the Mello Monday show tonight 5.30pm-9:30pm. There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.Tickets are still available and if you would like one at half price then enter the code MMTADVFN50. Monday 22nd November 2021, 5.30pm – 9.30pm Programme 5.30 pm Mello welcome 5.35 pm Company presentation by Cerillion 6.05 pm Company presentation by Insig AI 6.45 pm Educational insights 7.00 pm Company presentation by Poolbeg Pharma 7.30 pm Educational insights 7.45 pm Company presentation by ENGAGE XR Holdings 8.15 pm Mello BASH |
Posted at 18/11/2021 10:37 by melloteam Just to let shareholders and prospective investors know that Engage XR plc, Cerillion plc, Poolbeg Pharma plc and Insig AI plc will be presenting at the Mello webinar event on Monday 22nd November at 6:00pm-9:30pm. There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.Tickets are still available and if you would like one at half price then enter the code MMTADVFN50. hxxps://melloevents. |
Posted at 11/10/2021 15:06 by davidosh Just to let shareholders and prospective investors know that Cerillion, Robert Walters and FinnCap will be featured on BASH session at the Mello Monday webinar event tonight, Monday 11th October at 6:00pm-9:30pm. There will be over 400 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.Tickets are still available and if you would like one at half price then enter the code MMTADVFN50. The Programme is as follows: 6.00 pm Mello welcome and news 6.05 pm Company presentation by Inspiration Healthcare 6.35 pm David Stredder interviews David Cicurel, CEO of Judges Scientific 7.10 pm Company presentation by Frenkel Topping 7.50 pm Michael Taylor book review 8.00 pm Company presentation by eEnergy 8.30 pm Mello BASH |
Posted at 08/9/2021 06:19 by cfro Investor Presentation: |
Posted at 01/9/2021 09:13 by holmol Having studiously ignored Cerillion as it rose from £2 to £9 ,IC at last publish an article stating it is overpriced .On the past performance of that magazine , we can expect it to double in the next year . The quality of IC and its interest to the average investor has declined even further r with the new format .I have cancelled my subscription . Stockopedia & Momentum Investor are of much more use . |
Posted at 27/11/2020 14:41 by sharesoc We are hosting a webinar with Cerillion on Monday. May be worth watching if you are a current shareholder or potential investor. Louis Hall, CEO and Oliver Gilchrist, CFO will be presenting: |
Posted at 09/6/2020 08:17 by boadicea That's a huge trade pre-open this morning, about 8% of the issue. The price might indicate it is probably a vwa price accumulated over some time (months?) and finally settled. An rns would seem inevitable.Edit: A quick check shows it to be an exact match to the declared holing of Guy O'Connor, Director Strategic Accounts, 2,391,853 (8.10%) He announced his impending retirement on 1st June and an explanation of this and other large slaes to institutional placees can be found here - As always, it's a pity that private investors rarely get a look-in. |
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