Christie Share Discussion Threads

[cockneyrebel] 15/10/2005 11:27

No mention of yesterday's director buys here. Pretty decent buys by two directors both increasing their holding significantly and come 10 weeks from the year end

I picked up a few yesterday on that. PE looks low and if the loss making sise is reducing losses swiftly and the profitable side still growing profits at a decent clip then H2 and next year could be much improved.

I dare say the proposed move to AIM here has held the stock back a tad but these moves to AIM are positive in the longer run could add a lot to the eps next year especially if the loss making side is improving pretty swiftly - the company suggests so in the interims imo - director buys seem to confirm that for me.

5.3p eps in H1, a bit of improvement in H2 (as the company suggests) and you have 12p eps for the year - PE 9 for this year?

Forward PE might be considerably lower. 3% yield on top - looks pretty cheap to me.

CR

[wjccghcc] 10/8/2005 08:10

Problem is they've had great potential for several years but never seem to deliver.

[ddahj] 10/8/2005 07:35

About 20% of my portfolio is invested in Christie. On fundamentals they are undervalued: T/O £70m, capitalised at £30m. EPS guess 10p giving P/E about 10, yield 3%. Why not capitalised at £45m, P/E 15, yield 2%.
My main concern is that the directors own most of the company. I assume if they or someone else wanted to buy the company they would be able to acquire it for a low price on a majority vote. Also they have not increased the dividend in line with profits. I would like to know what was stated at the AGM on 28/06/05, anyone know?

[uk013645] 09/8/2005 10:38

Is anyone else following these ? They seem to have a great potential and a nice divi as well. Have been tipped by RHPS for ages but seem to have been in a narrow trading range for quite a while, hopefully something happening now ?

[uk013645] 08/8/2005 17:18

Nice tick up today, prsume this is down to RHPS comments again. Would be great if it kept going for a while.

[hectorp] 01/8/2005 08:32

John Lee is useful not only as he writes in the FT but more than this, he does comprehensive personal dilligence on a share including visiting management etc. IF he has bought a share its much less likely it has an cupboard skeletons.
see also : Ensor: Parkdean Hols:

[hectorp] 31/7/2005 12:07

Bought for his pension by John Lee ( yesterdays FT).
suggests it will do OK.

[uk013645] 10/6/2005 19:43

The rise today was probably due to comments from RHPS yesterday, will probably loose most of the gain by the end of next week, although I hope not.

[ddahj] 10/6/2005 08:59

The share price graph looks strange indicating I don't know. There has been very little director buying recently. I think this indicates something big may be about to happen. The AGM is on the 28th. Capitalisation is less than a third of turnover and the PE is about 8. A PE twice this level and capitalisation of two thirds of turnover would give a reasonable share price of 200p. There could be a privatisation; the directors own most of the company already. Or on the other hand there could be a big acquisition which could possibly depress the price. I am not selling.

[uk013645] 10/6/2005 08:37

Nice move this morning, anyone heard anything ?

[ddahj] 07/4/2005 07:44

Disappointing results: no increase in dividend and lower than expected increase in turnover

[ddahj] 02/3/2005 14:47

Final results, expected April, could show turnover up 20%. I expect share to go to 130p.

[ten] 04/1/2005 19:19

Still a 4 months from what should be excellent results, any thoughts on todays 6% move, following small ticks up over previous 2 trading days.

[ridicule] 08/9/2004 21:52

Last year the interims were anounced on 9 September. There is no notice so far on the News agenda.

[ddahj] 08/9/2004 14:29

When are interim results out?

[stockport] 16/7/2004 15:19

Strong resistance at 120p. If we can break through that we should have some good upward movement. If we dont we might see a gradual drift down although no pull back over the markets sell off of the last 2 weeks or so doesnt suggest it.

[ddahj] 26/5/2004 12:00

The FD was lucky to buy 18,000 shares at 92p

[hosede] 25/5/2004 14:57

RHPS recommended these at 110 three weeks ago - ouch! glad I kept away - they seem to be falling like a stone.

[simonevans] 20/2/2004 09:42

Maybe, but I've sold out on this one today. Making 100% in 2 and a half years on this one is good enough for me. Good luck to those that hold. Good market at the moment if you can make this much on some of your poorer investment decisions!

[ddahj] 18/2/2004 21:05

Profits could double from last year and capitalisation could go to 80% of turnover giving a share price of around 150p

[alcide] 17/2/2004 23:20

There must be something happening in the backroom. Cannot rise this much on results and tipsheets only. Usualy the latter last a few days and then the greedy clear out. hang in there imho. Been a sick share for me for years but am in profit thanks to the greedy guys.

[simonevans] 15/2/2004 09:48

Christie is well overdue for some corporate action imo. The group just doesn't look very focused imo and hasn't for a couple of years. They need to ditch the software business as soon as they can get a good price - a demerger would be best.

[contrarian2investor] 09/2/2004 22:05

Well the muck punters strike again, I guess a good solid company is only worth buying if they are found in a tipsheet. But hey its great if you have been holding for years and been collecting the dividends. The herd mentality lives on. Odds on CTG returns to within 10% of its previous pre-weekend close within 2 months when those impatient sheep get their next instalment from their tipsheet. Ah bless.

[moorsy] 09/2/2004 09:03

In fact all the tips this weekend are up and running, really before anyone's got the chance to get in. Stinks dunnit?