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Share Name Share Symbol Market Type Share ISIN Share Description
Cml Microsystems Plc LSE:CML London Ordinary Share GB0001602944 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 415.00 400.00 430.00 415.00 415.00 415.00 1,257 07:33:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 26.4 1.4 9.0 46.2 69

Cml Microsystems Share Discussion Threads

Showing 726 to 749 of 750 messages
Chat Pages: 30  29  28  27  26  25  24  23  22  21  20  19  Older
DateSubjectAuthorDiscuss
12/1/2021
11:46
bones Yes they might attract a bid.
roddiemac2
11/1/2021
11:08
Thanks, Roddiemac2, for the comments and information. You raise two areas where I did not emphasise advantage and that is (1) the income attraction, strong cash flow and dividends, and (2) asset backing. At current valuation, CML appears to be a sitting duck for any keen aggressor thinking of an outsized bid.
bones
11/1/2021
10:22
bones You have summed the situation up very well. "The board’s average age is well in the 60’s, so some must be thinking of retirement at some stage!"--- Several years ago, at the AGM, I did ask Chris Gurry If they were aiming to sell the business at some point. He said "not yet". "I have to assume that CML now has a war chest to expand M&A, as there has been no talk of returning the cash to shareholders."--- CML have returned cash to shareholders, by way of a special dividend,on several occasions in the past, but they do look to be getting all their ducks in a row for expansion now. As well as the considerable cash pile, they own their own premises and surrounding land ( Oval Park ). On occasion, when I have called in there , it has been evident that they have ample spare space if staffing levels were to be increased. They are in a strong position to exploit opportunities as they arise.
roddiemac2
08/1/2021
22:31
I feel certain that this will be a good investment at these levels. Market cap at £62M with an expected £36M (US$49M) cash due to come in from the sale of the Storage Division to Swissbit. At 30th September, there was £9M cash on the balance sheet. Let’s assume that balance is similar now and that’s potentially £45M of cash on board. So, ex-cash market cap is £17M on those assumptions. This is for a business that is now exclusively focussed on the Communications market, an area where CML sees considerable potential increasing its influence in the 5G and Internet-of-Things spaces. Communications had a relatively rough half year to 30/9/20 thanks to delayed demand resulting from Covid19 impacts on its customer markets plus they have not been helped in general by the fractures caused by the US/China trade spats. If, as we all hope, things slowly improve for the world economy from Covid19 vaccinations and possible improvements in trade relations once the new administration takes the reins in the US, things could look upwards for CML’s business. I have to assume that CML now has a war chest to expand M&A, as there has been no talk of returning the cash to shareholders. They acquired PRFI in March 2020 which adds more R&D and IP to the group. I guess it was a small purchase as the sum paid was not disclosed. So, perhaps the next acquisition will be a lot more juicy and earnings enhancing? Overall, I am excited by the outlook and for the market to attribute just £17M (excluding cash) to the Communications/5G/IoT activities, seems out of line! The board at CML is long serving and experienced, always conservative. That’s something I like. Question remains for me is how “racey” or “daring” will they be with the new streamlined arrangement and a pot of cash to hand? The board’s average age is well in the 60’s, so some must be thinking of retirement at some stage! Perhaps new blood will arrive with a future, major acquisition?
bones
07/1/2021
16:40
Onwards & upwards, breakout mode!
ny boy
17/12/2020
20:11
from memory ----tomorrow
roddiemac2
17/12/2020
07:50
when is divi pay day again?
scepticalinvestor
11/12/2020
17:46
I have held these in varying amounts for 19 years, sometimes top lopping , sometimes adding. The sale of Hyperstone puts them in a very strong position . One of the problems in the past was that they had a couple of customers that represented more than ten per cent each of the business. They now have a much wider customer base , and it is growing. They should be capable of growing the business from here. A little patience could prove very profitable .
roddiemac2
10/12/2020
20:43
Hyperstone was bought 3/7/2003 CML is initially acquiring 98.8% of the share capital for a cash consideration of €4.634 million and warrants totalling 77,325 Ordinary 5p Shares in CML (' Ordinary Shares') valued at €0.227 million. Additionally, CML will enable Hyperstone to repay shareholder loans of €2.344 million paying €1.419 million upon completion and the balance out of Hyperstone's future profits after tax. Following the Acquisition, employee share rights will convert to shares and CML has agreed to acquire these from employees for a cash consideration of €0.137 million and warrants totalling 39,687 Ordinary Shares valued at €0.116 million. All warrants issued as part of the transaction are convertible into Ordinary Shares between 2 January 2005 and 2 July 2006
roddiemac2
10/12/2020
09:39
been a superb day for me so far - up in CML and APGN
scepticalinvestor
10/12/2020
09:09
back to years high53% up after buying in at 228not bad for a few weeks work
scepticalinvestor
10/12/2020
08:34
A nice reaction on a dark, grey winters morning!
ny boy
10/12/2020
08:05
Fascinating how they must see the potential in the IOT side for communications...
chrisdgb
10/12/2020
08:02
awesomestill holding from the 220s
scepticalinvestor
10/12/2020
07:59
All aboard the under the radar express train, more good news out this morning to get us on our way, stay invested, patient and see healthy long term gains
ny boy
10/12/2020
07:14
Wow..................
chrisdgb
03/12/2020
18:42
back to pre covid lvls
scepticalinvestor
26/11/2020
16:40
indeed - this will do very well imo
scepticalinvestor
26/11/2020
15:02
Surprised not more investors in this recovery play! Onwards & upwards, I like under the radar stocks
ny boy
24/11/2020
22:43
Velly happy to hold here, US markets are cranking up again. Santa rally coming
ny boy
24/11/2020
13:28
Ticking up nicely!Good news abt divi
scepticalinvestor
24/11/2020
11:16
Agree300p strongly beckons
scepticalinvestor
24/11/2020
10:42
Nice volume ticking through......
chrisdgb
24/11/2020
08:04
Solid looking results, should be congratulated in this environment, we know China is flying and 2021 should see decent capex recovery.........
chrisdgb
Chat Pages: 30  29  28  27  26  25  24  23  22  21  20  19  Older
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