Cerillion Share Discussion Threads

[cfro] 02/11/2023 07:28

Major new Euros12.4m contract win.

All you people who thought this was slowing down. No slowdown here Lol..

[kalai1] 16/10/2023 10:56

Cerillion plc issued a trading update for the FY ended 30th September this morning. Positive trading has been maintained through the second half following a very strong first six months which set new records for revenue and adjusted pre-tax profit. Revenue is expected to be approximately £39.0m with adjusted profit before tax expected to be meaningfully ahead of the consensus market forecast of £14.3m. The balance sheet remains strong with net cash at 30 September 2023 up to approximately £24.7m. Valuation remains unhelpful with forward PE ratio at 24.1x, but the share price remains in a solid multi year uptrend and has positive momentum accordingly. BUY...

...from WealthOracle

[z1co] 16/10/2023 09:59

Opened a long position after that very bullish trading update , looks like the selling last week was completely off the mark.

Another update due at the time of full year results in about 5 weeks will confirm that 2024 will be an even stronger year both in terms revenue growth and profits.

[hsduk101] 16/10/2023 09:47

Happy with the results today. Exceeding Market expectations

All that panic selling last week was for nothing

[primarch1] 16/10/2023 08:39

Nope as I said happy to add when the market offers up a bargain

[swiss paul] 16/10/2023 07:52

Pri - do you want to re-edit your post - you know the one you make about the tree shake. Like the sycamore -its disappeard!

[babbler] 16/10/2023 07:50

Ignore blackhorse he writes the same daily in every rising share.

[blackhorse23] 16/10/2023 07:09

Switched to WJG

[primarch1] 16/10/2023 06:37

Hmm maybe not so much guff Swiss after that trading update

[cfro] 16/10/2023 06:27

All you doubting thomases Lol..

[swiss paul] 12/10/2023 10:43

Pri - that is some guff you are talking. The tree shake must be a sycamore gap type then.
Hopefully a handbrake turn now being done as people seeing value in this share.

I have been awaiting an RNS to see who has been reducing!

Keep the faith

[disc0dave46] 12/10/2023 09:55

Guess it doesn't matter whether they supply different products, their customers are still in a sector (telecoms) which is paring back their costs and third party services.

[primarch1] 11/10/2023 15:23

The business has made strong progress and is very well placed in a growing marketplace. Our 'productised', 'as-a-service' approach stands out, and the quality, breadth and completeness of our solutions provides us with strong competitive differentiation.We believe that Cerillion remains well-positioned to achieve its full year targets, supported by existing major implementation projects, the healthy back-order book, and our strong new customer pipeline, which includes a number of advanced-stage new contract discussions.The Company's robust balance sheet, which carries no debt, and the increasing level of recurring income, provide a strong underpinning for the business as it continues to grow and develop. The Board views near and mid-term growth prospects very positively.

[primarch1] 11/10/2023 15:14

Different products being supplied this pullback has been nothing more than a treeshake,half year results were excellent and recent contract wins give me confidence to add at this price as ever dyor

[essentialinvestor] 11/10/2023 14:42

Why the marked divergence in recent trading within the same sector?,
Gama recent update strong, then Spirent in near meltdown..

Assume it's to do with product offering, what parts of the market they target?.

[disc0dave46] 11/10/2023 09:40

Calnex who also serve the telecoms sector crashed 30% yesterday on a profit warning, orders not coming in with sales forecast to be down 20%-30%.Me thinks I'll wait to see what CER's forthcoming results are like.

[primarch1] 11/10/2023 07:12

One hell of a tree shake going on here

[johndoe23] 10/10/2023 16:56

They made 25p earnings H1 so should beat 40p comfortably? Unless they are H1 weighted. No position but looking interesting at this level

[hsduk101] 10/10/2023 14:45

Any news on the current fall in the share price?Quite a drop off in recent weeks

[texaspete2] 10/10/2023 09:42

Had a quick scan of last annual report, no mention of specific business in Israel or Middle East. Just market sentiment I guess. One point I have noticed is that forecast EPS has been trimmed only very slightly from circa 41p to 40p but still trending up

[disc0dave46] 10/10/2023 08:57

Having only just looked at the chart I'll take it back!, hadn't realised it started it's decline the day of SPT's update, apologies.

[disc0dave46] 10/10/2023 08:30

SPT Q3 profit warning was last Wednesday, odd if the read across took 4 days. Their main issue was the loss of major customer/s from China.

[theaccountant3] 09/10/2023 22:38

I also thought the drop was due to the Spirent update re weakness in the telecoms market.

I am not sure how relevant the read across to Cerillion should be? Can anyone shed some light on that?

Thanks