Cerillion Share Discussion Threads

[boadicea] 09/11/2020 11:44

A number of Institutional sales have had little effect on the share price and appear to have been readily taken up (garnered?) by discretionary clients of Canacord////Hargreave Hale.[See 6th Nov rns's.]

Is the company being stalked?

[energeticbacker] 16/10/2020 10:22

Cerillion recently signed its largest ever contract which helped take its back-order book to a record high at its September financial year end.

Investor’s Champion comments that the shares rose 4% on the news to 319p (PER 31x), within a whisker of the house broker’s target price, suggesting a lot of good news is already factored into the price.

[boadicea] 19/8/2020 20:39

Surprised (but not unhappy) by the recent strength. Was the market previously worried about the prospect of successfully placing the retirees shares - i.e. is it just a relief rally?

Or is something more fundamental about to unfold?
We have come a long way in a year and a difficult one at that.

[boadicea] 09/6/2020 09:51

gleach23 - Yes, I did!
The usual pi excluding stitch-up.

[gleach23] 09/6/2020 09:33

Presumably you missed the Placing RNSs yesterday evening Boadicea?

[boadicea] 09/6/2020 09:17

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.

[deadly] 20/4/2020 08:42

Where are those debts and delays?

Looks like one of the best investments in these times.

From TU:

"...the Company has not experienced any slowdown in trading activity to date. Cerillion's customers are predominantly telecommunications operators providing critical infrastructure and services, and operators are currently typically seeing strong data traffic "

[albanyvillas] 18/3/2020 18:36

bad debts and contract delays coming

[its the oxman] 08/1/2020 13:44

Chart shaping up. Could see 270p plus here.

[saucepan] 08/1/2020 08:36

Moving up on a weak market day; encouraging.

[saucepan] 17/12/2019 15:52

BiteHerbutt

It seems only balanced to also post my response (in italics below):

geswan: I suspect you are onto something - you usually are!

However, since the 2016 float date, cash on the books has been as follows:

2016: £0.4m
2017: £1.6m
2018: £2.5m
2019: £5m

And that is despite throwing out a decent divi of approx 3%

Cash is king, and all that. Doesn't it suggest this is a business achieving real growth - unless they have a printing press?

EDIT: I meant to add that eps (achieved and forecast) is trending up very nicely. It is thus not as though "cash" was being generated through the sale/issue of cheap shares at the dilutive expense of existing shareholders.

The discussion is taking place on the "Zulu 2019" thread (EPIC = ZULU). Those with a view on either side of the discussion may wish to chip in there.

[biteherbutt] 17/12/2019 15:32

worries highlighted by an informed poster



geswan17 Dec '19 - 10:02 - 101 of 104
0 0 0
Saucepan, it seems to me that a lot of questions need to be answered before investing in CER. First of all, why are the debtors are so high? At 10.68m they represent 41% of the total assets. Are eggs being counted as chickens in the sales department? Is the full value of a client's contract being charged when only a small portion of it has actually been delivered? What is the nature of the intangibles? Are they nothing more than development costs? Finally, what is the individual performance for each of the four business segments like? If they have been 'hived-up' it's likely that some of the hives are not producing any honey.

[its the oxman] 06/12/2019 10:59

Next target for me , 250p. Not that far away really.

[saucepan] 04/12/2019 17:28

Hi folks. I have bought in here, hopefully with a long term view.

No debt, impressive Piotroski F score of 7, a Slater PEG of O.34, and forecast eps growth of 61.54% were among the fundamentals that attracted me.

Final results looked good and the outlook impressive.

A lot to like I think, and not least the chart :-)

[boadicea] 29/11/2019 18:16

I bought this share based on a mix of fundamentals and the trend line. The trend line would currently put it at around 190p so we are beginning to run ahead of that and I would expect a pause for breath but hopefully establishing the psychological 200p area as support.

[its the oxman] 25/11/2019 19:53

Yep, no reason to even consider selling till this breaks clear of 200p. Goo prospect of a rerating here.

[tallprawn] 25/11/2019 13:20

Results are very tidy with an excellent outlook. The chart looks very attractive - Clear step change into new highs and a test of 200p is on.

[boadicea] 25/11/2019 12:07

So quiet here!
Very happy with the results today which point towards a high probility of another good year ahead. The pe is not high compared to other growth companies in the sector and cash conversion is healthy.

[its the oxman] 14/10/2019 08:11

Been a while coming but now looking to break 200p

[its the oxman] 25/6/2019 10:32

Now 170p bid, good to push on with a wider market down day. Bodes well.

[its the oxman] 25/6/2019 08:20

Some momentum developing on the back of these major contract wins. Getting closer to 200p again.

[robow] 14/2/2019 12:29

On Stockopaedia there is a broker forecast from Shore Capital
In November they raised their earnings forecast to 11p for year to Sept 2019 with a net profit estimate of 2.88m. For year to Sept 20 they estimate eps of 11.8p and net profit of £3.28