Cerillion Share Discussion Threads

[oregano] 03/8/2016 14:02

there has been no stock on offer for some time. i suspect someone has lifted what little was left. they earn alot of revenues internationally and have a big back order book. Fairly solid which is what the market is after atm.

[gswredland] 03/8/2016 13:21

Has this been tipped somewhere? Good rise on now!

[onjohn] 06/7/2016 08:40

Could go a lot lower too. Current PE is very high in reality. Over 25. Too high in these markets.

[dlku] 06/7/2016 07:34

Can see this heading back to Placing price of 76p per share like a lot of stuff

Cash generation hasnt been great - £8m generated but that was over FIVE years


Anyone got forecast. · Adjusted earnings per share of 2.3p in first half and more shares so P?E?R is high at over 20-25

[onjohn] 05/7/2016 09:09

Market is pish poor at mo.

Looks like its hard to even sell 2000 shares.


In a word - PANIC!

[onjohn] 30/6/2016 13:20

Weak pound creating problems i guess. They have to pay the Pune workers and that will inflate the costs?
now get 30 per cent less rupees to the pound than 3 years ago
And Brexit means less chance of new contract i guess as software is discretionary spend

[onjohn] 27/6/2016 21:27

“Now the catastrophic scenario that many feared has materialized, making the disintegration of the EU practically irreversible,” Soros wrote in a June 25 essay reflecting on the U.K. vote for Project Syndicate. “The consequences for the real economy will be comparable only to the financial crisis of 2007-2008.”

[opodio] 20/6/2016 19:26

Recent commentary from RNWHpoints to an increasingly difficult market supplying telecoms sector

[onjohn] 14/6/2016 15:45

80p support

[onjohn] 13/6/2016 15:14

ugly chart pattern

[onjohn] 01/6/2016 11:12

Check out ISL


IS Solutions Plc

"all about the data"



Monday, 1 February 2016





IS Solutions Plc

(the "Company" or "IS Solutions")

Trading Update



Further contract wins will result in profitability significantly ahead of market expectations





As we indicated at the time of our Half-year financial results released in November 2015, our business is driven totally by data and, we operate in a market where business intelligence and analytics is one of the fastest growing software markets.



Over 70% of our business is generated by our Analytics capability. The combination of the established and well respected brands of IS Solutions and Celebrus continues to open up a number of cross-selling opportunities and, at the same time, it has created a much more balanced business with stronger higher margin license sales and progressively greater project and recurring revenue.



Since our Half-year financial results we have successfully continued to build on our current market position within the data solutions arena both in our domestic market and internationally, utilising our extensive technical 'know-how' and skills base.



In 2016, we continue to witness stronger demand resulting in sales for both the IS Solutions business and Celebrus now well ahead of management budget. We are delighted to announce that the Company has secured a further two major projects with new and existing customers operating within the retail and financial services sectors. It is anticipated that these will add contracted revenue of up to £2 million in the current financial year and in excess of £250,000 per annum of recurring revenue in subsequent years. We have a number of other exciting opportunities in the pipeline with the potential to convert these in the first half of this calendar year.



We remain on track to establish a US office which will focus on providing real time customer service and pre-sales support to our already substantial US business and to support further future growth. IS Solutions is in the process of expanding its European direct salesforce to enable it to take our collective portfolio to a broader customer profile. Combine these initiatives with current project sales opportunities with both new and existing customers and we have an exciting future to look forward to.



Conclusion

The Board is confident that the business will deliver a strong performance for the year ending 31 March 2016 with both revenue ahead and profitability significantly ahead of current market expectations. Trading for the 2016/17 financial year is also expected to be significantly ahead of current market expectations.

[opodio] 31/5/2016 14:50

I like the co but not convinced about short/medium term prospects. Agree with staffing costs, looks like they have a high turnover and also high use of expensive contractors.
But my biggest concern is that current FY will suffer because of SAAS migration and also their statement that " top five customers is 55pc of the business" is off the rickter scale in terms of risk if they lose one customer ... In this market i shall follow my own advocating : "if in doubt, get out".

[rubberbullets] 31/5/2016 10:59

Retained loss for
the period (820,139)


The results not good imho but now everyone is trying to find some excuse for no up movement.
Mine is something obvious Brexit uncertainty a plus possible impact on telecoms sector of the group.

[rubberbullets] 31/5/2016 10:12

alphabet

Are you saying they will make a loss in H1?

[alphabeta4] 26/5/2016 17:33

As a heads up I met with the management today and there is a skew to H2 which has been seen in previous years (and indeed comes out on the like for like). Basically comes down to company budgets and a 'use it or lose it' skewing software sales

[ramridge] 23/5/2016 14:42

You could well be right, oregano. But I have used adjusted figures, adjusted for IPO funnies and mostly provided by the company in the HY report.
If I see evidence of decent growth, I will probably dive back in. At the moment I am happy to protect the 50%+ profit I am sitting on.

[oregano] 23/5/2016 14:06

FWIW ram, I think you have jumped the gun. given the order backlog and pipeline, investment in cloud platform etc, I think the signs augur well for growth prospects, which will attain a high valuation eventually.

there were some funnies in the P&L due to the way the float was structured.

[ramridge] 23/5/2016 11:03

I sold out at the bell this morning for the following reasons:

- HY2016 adjusted eps = 2.3p . This is poor when you compare it to the full year 2015 adj. eps of 6.97p

- net profit this HY = £0.7m ; For full yr 2015, np was £2.06m; Again not very reassuring.

- Operating Cash Flow and Free Cash Flow have both turned negative.

So overall, I was expecting a much better performance. There are no company or broker guidance data that I am aware of.

All IMO and please DYOR.

[davidosh] 23/5/2016 09:12

The maiden interim results since listing are out this morning....



I have two places available on a group presentation with the directors at 2.30 pm on Thursday if there are a couple of you that would like to join me in meeting this company ? Just mail me via www.mellomeeting.co.uk

[oregano] 18/5/2016 11:16

John Lee's article is quite reassuring. it is a strangely volatile stock for one with little newsflow.

[rubberbullets] 12/5/2016 19:59

If they make same £2.1m this year , then i make P/E/R is almost 23x
that is dear

[opodio] 10/5/2016 18:34

I will not be bullied or goaded to buying blindly and like to do research


Link to prospectus


Is the director who holds 43% or the two institutions with 18% each goig to start dumping>

Page 57 of prospectus

hasnt been growing in the last 3 years wither with profits of £2.3m, £2.6m and £2.1m.

Looks a stupid rating now


Page 43 prospectus

Future share sales may depress the price.

[robow] 07/5/2016 14:20

Lord Lee is a fan. A full page write up in the FT Money section today as he has just bought in.

[robow] 22/4/2016 12:21

good call ocaudillo.

[oregano] 22/4/2016 09:04

if they are going to grow the top line at 11% and profit at 20%, then this is cheap. It was floated on 8x EBITDA, presumably now on 11x. that multiple could increase by 50% if they are going to grow at 20%. don't forget they are going to pay out half fcf in divis.