Cml Microsystems Share Discussion Threads

[roddiemac2] 21/11/2017 07:48

CML are reaping the rewards of their R&D over the years. It is nice to be invested in a company in which the management have such a clear long term vision. I have been a holder for a number of years .

[roddiemac2] 03/11/2017 20:14

AISHAH,

perhaps you would post a precis of any coverage in tomorrow`s Techinvest. I used to subscribe to the news letter years ago, but apart from CML , I hold no tech stock now.

[aishah] 03/11/2017 09:38

Clear breakout on 20,50,200 SMAs.

[aishah] 23/10/2017 12:57

yes, excellent and £12.7m cash too.

[roddiemac2] 12/10/2017 09:20

middle---,

Why do you think that ?

[middlesboroughfc] 30/9/2017 15:11

wont be surprised to see orders slow down

[sharesoc] 28/9/2017 14:48

There is a detailed report by Cliff Weight on CML who attended our London seminar on the 13th September, which can be found in our members area here:

ShareSoc full members can download Stockopedia reports, presentations from all of the companies that presented at this seminar, and this report from Cliff Weight on proceedings from our members area

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[roddiemac2] 15/9/2017 12:00

R&D is critical to this business. In the year 2014/15 they decided to increase their development base with a view to expanding into new markets. Cencos are forecasting R&D spend to rise from £6.82m in 2017 to £7.2m in 2018 and £7.5m in 2019, and they don`t expect this higher investment to negatively impact forecasts.
They are estimating £30.6m in revenue for 2018 , and £32.7 for 2019. Adj. PBT is forecast to be £4.4m in 2018, and £4.8m in 2019.

" The development time frame and typical maturity profile of 3-4 years means new product traction is only just beginning to have a financial impact on return on investment "

I added to my holding on Wednesday.

[roddiemac2] 13/9/2017 22:51

AISHAH,

following the Final results in June. Both house brokers rated the stock a buy, when the shares were 470p. share price Angel raised their twelve month target to 525p

Increased R&D spend is paying off. They benefit from repeat revenues on a sole supplier basis. ( long term customer base ). They have tangible assets of 125p. The strong balance sheet would allow them to make an acquisition if the opportunity arises. This is a well run business with good growth prospects .

[aishah] 01/9/2017 13:21

Added on this summer dip. Techinvest made them a new BUY in July @477p. Good IMS last month. £68m cap, £12m cash. Excellent prospects in IIOT and M2M. imo.

[roddiemac2] 24/8/2017 21:15

It is unlikely that the company`s growth prospects have changed in the three weeks since their last update expressing confidence in the same.

[hardupfedup] 24/8/2017 14:08

short of stock I recon ......

[pugugly] 24/8/2017 13:43

Given the number of trades looks like a SELL tip out there - Anyone heard anything ?
Was looking a bit toppy
Agree re very limited free float and excessive movement - Subject to the quality of the tip - If thre is one - could have further to fall (imo)

[hardupfedup] 24/8/2017 12:15

either short or iffy jiffy

[hardupfedup] 23/8/2017 06:38

thanks for that -- have noticed in the passed a drop before a rise !!

[roddiemac2] 22/8/2017 19:48

hardupfedup,

No news that I am aware of. There is not a big free float here , and the shares are thinly traded.It does not take much selling to move the price down ; the same goes for buying. This is a conservatively run company with enough cash to fund R&D going forward.

[hardupfedup] 22/8/2017 15:00

any news here down a bit today

[roddiemac2] 02/8/2017 13:34

I have an inner ear problem (labarytnthitis ) which prevented me from driving to the AGM.

They never say a lot in their interim management statements, however they do express confidence now. I am happy to hold the shares.

[dab26] 02/8/2017 11:30

CML Microsystems PLC
Interim Management Statement
02 August 2017

Trading update and outlook

As anticipated, the first few months of the current financial year have shown positive results. The Group's order bookings have remained strong and the outlook for the year remains consistent with market expectations for both the first half and full year trading periods.

As previously mentioned in the Full Year Results statement for the year ended 31 March 2017, we commenced the current financial year with a higher cost base following prior year investments in headcount and R&D, however with the right teams and structure in place the enlarged Group continues to deliver revenue and profit growth.

We remain confident in our ability to deliver another year of profitable growth.

[roddiemac2] 26/7/2017 20:50

Few shares are being traded on a daily basis : hardly surprising since 75.4% of the shares are held by major holders, and management hold another 6.46% .

I will try to attend the AGM on the 2d of August.

The company grew revenue by 26% in the Far East, which now accounts for approximately 49% of the Group revenue total. Revenue from the Americas grew by 19%, and European revenues grew by 16%. ----Patience should pay , as the company`s continued R&D programme bears fruit.

[nomadcharts] 08/5/2017 20:57

CML Breaking out today with heavy volume on the trading update RNS. Was on my watchlist for this week. -
www.nomadcharts.co.uk/2017/05/07/uk-stocks-watchlist-07-may-2017/

[hardupfedup] 08/5/2017 11:24

yeh very nice