Clinigen Share Discussion Threads

[mechanical trader] 24/9/2014 09:06

First of the Brokers......

24 Sep 2014 Clinigen Group CLIN N+1 Singer Buy 466.00 456.00 488.00 488.00 Retains

[mechanical trader] 24/9/2014 08:33

A wall of Blue Buys for CLIN after todays results......Broker update and upgrades to come after analyst meeting 9.30

[mechanical trader] 24/9/2014 08:21

A group analyst briefing will be held at 09:30am on Wednesday, 24 September 2014 at the offices of Instinctif Partners, 65 Gresham Street, London EC2V 7NQ.

An audio replay file will be made available shortly afterwards via the Group's website: www.clinigengroup.com.

[rampmeister] 24/9/2014 08:16

Current margin applied to expected higher revenue should propel this upwards,Glad I doubled my holding yesterday.

RM

[mechanical trader] 24/9/2014 08:13

CLIN CLINIGEN

What Brokers were expecting, I bet we get some upgrades and updates later today....

Date Broker Recommendation Price Old target price New target price Notes
02 Sep Oriel Securities Buy 458.50 - 650.00 Reiterates
26 Aug N+1 Singer Buy 458.50 439.00 488.00 Reiterates
20 Aug Investec Buy 458.50 497.00 512.00 Reiterates
20 Aug Numis Buy 458.50 650.00 650.00 Reiterates

[mechanical trader] 24/9/2014 08:11

CLIN marching up, now over 3% up.

[mechanical trader] 24/9/2014 07:59

What they were expecting......note

2013 (A) 2014 (E) 2015 (E)
EBITDA £19.98m £25.00m £28.69m

OUTPERFORMED

Clinigen Group PLC

Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

N+1 Singer
22-09-14 BUY 23.49 21.80 3.00 26.66 24.10 3.30
Peel Hunt LLP
18-09-14 BUY 26.05 23.42 3.50 28.97 25.99 4.00
Edison
18-09-14 None 19.40 18.30 2.80 22.20 20.90 3.10
Numis Securities Ltd
17-09-14 BUY 26.00 23.50 3.39 29.00 26.10 4.03
Investec Securities
04-09-14 BUY 25.10 22.61 4.00 29.80 27.45 4.43
Westhouse Securities
10-04-14 BUY

2014 2015
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 25.15 22.82 3.29 28.60 25.38 3.77
1 Month Change -0.34 -0.16 -0.15 -0.08 -0.60 -0.35
3 Month Change 0.54 1.24 -0.04 -0.86 -1.10 -0.24

GROWTH

2013 (A) 2014 (E) 2015 (E)
Norm. EPS 107.38% 26.45% 11.22%
DPS % 449.00% 14.51%

INVESTMENT RATIOS

2013 (A) 2014 (E) 2015 (E)
EBITDA £19.98m £25.00m £28.69m
EBIT £18.10m £m £m
Dividend Yield 0.13% 0.71% 0.81%
Dividend Cover 30.08x 6.93x 6.73x
PER 25.79x 20.39x 18.34x
PEG 0.24f 0.77f 1.64f
Net Asset Value PS 14.21p 78.80p 98.60p

[cfro] 24/9/2014 07:49

Wow, solid results.

47% increase in Pre-tax profits.

Group margins up to 30%

Adjusted underlying eps increased 22% to 24.5p.

58,000 units of drugs shipped to 75 countries, an increase of 87%.

[nw99] 24/9/2014 07:32

Huge pfts uplift

[dasv] 24/9/2014 07:17

yep haven't read in detail but an impressive 47% uplift in pre-tax profit

[whymps2] 24/9/2014 07:04

At first glance results look great. Whymps

[hutch_pod] 19/9/2014 16:49

yes. odd time indeed

[saucepan] 18/9/2014 18:54

Excellent, but I wonder why the Company did not choose to release it tomorrow as a 7am RNS - that would have got more market attention!

(well spotted, cfro!)

[hutch_pod] 18/9/2014 16:55

This was mentioned back in the interims in Feb aimed at Q2 CY 2014 - good to see it now launched, and still fairly early in the new financial year.

[mechanical trader] 18/9/2014 16:42

Bloody hell missed that Id have had a few more if I was aware. Never mind. Results next week.

[mechanical trader] 18/9/2014 16:42

Bloody hell missed that Id have had a few more if I was aware. Never mind. Results next week.

[cfro] 18/9/2014 16:35

Some good late news there with the launch in Europe of Vibativ.

[srichardson8] 18/9/2014 14:57

I have upped the ante a bit here, a positive release surely? Or is the market too nervous ahead of the figures. The stock doesn't seem terribly cheap to me but I like the structure and apparent competence of the management. This justifies a premium I believe.

[hutch_pod] 15/9/2014 19:43

Been quite a wait but all looking good.

[mechanical trader] 15/9/2014 18:29

24 sept
Full Year 2014 Clinigen Group PLC Earnings..........

Wouldnt suprise me if we didnt have a new drug on the 24th aswel.

[cfro] 15/9/2014 18:16

Bought a few more today. Results soon.

[nw99] 10/9/2014 11:53

Please could you post it here ?

[whymps2] 10/9/2014 10:50

Could be about to pop here. Thanks to Henryatkin who highlighted that a good entry point may exist, on the Zulu thread.