Cml Microsystems Share Discussion Threads

[chrisdgb] 20/5/2025 10:18

Hopefully the low has now been passed, will be interesting to see the results detail next month, should recover through 300p with no surprises.....

[chrisdgb] 15/4/2025 10:58

Always looked way overdone, let us hope we can continue to rise over the coming months......

[wad collector] 15/4/2025 10:46

One NED added, looks like he bought at bottom.

[beeezzz] 30/3/2025 10:20

Lowest for 5 years, looks oversold to me, dividend paying stocks always attract buyers, especially if interest rates keep falling.

[volsung] 27/3/2025 13:40

I maybe dodged a bullet here
Was going to buy some about an hour or so ago but balked at the spread
Thankfully didn’t go ahead with the purchase

[wad collector] 27/3/2025 13:35

Hmm, you would have to be an optimist to view it that way. Market doesn't.

[chrisdgb] 27/3/2025 13:23

No major surprise and there are plenty of positives sprinkled in here.....

[easybrent] 27/3/2025 12:59

Here comes the profit warning

The market environment through the second half of the financial year continued to be challenging, with the softness from industrial markets persisting, particularly affecting established customers for the Groups anchor products. Nevertheless, good progress has been made with expanding the opportunity pipeline for the enlarged product portfolio and there are encouraging signs that we may be at, or very near, the bottom of the inventory correction that has featured strongly across recent reporting periods.

Operationally, the Group is pleased to report that the US Silicon Valley team has just completed its relocation to a new, smaller facility. This follows a protracted period whereby the Group was incurring additional expense while awaiting the issue of the relevant building permits to allow planned refurbishment to take place and the move to be completed.

From a trading perspective, revenue for the full year to 31 March 2025 will comprise a product mix quite different from that originally envisaged, with SµRF products making a higher contribution than expected and the core product range somewhat less. Total revenue is now expected to be broadly flat against the prior year. The combined effect of product mix and temporarily elevated US running costs resulted in a second half trading period that was only marginally profitable, which is below market expectations. EBITDA is expected to exceed £5m, with a net cash balance of just over £9m being ahead of the planned level when ad hoc share-buybacks of circa £0.9m are taken into account. The FY25 EBITDA estimate excludes an exceptional goodwill write-off associated with the restructuring of the UK R&D team, as communicated at the time of the interim results in November 2024.

In recent years, the Group has significantly expanded its semiconductor product portfolio, both organically and through acquisition. These innovative solutions have shown early positive signs of market acceptance, evidenced by strong growth in the opportunity pipeline. We are confident that they will drive future growth, and through the ongoing penetration of adjacent markets, help mitigate the impact of demand fluctuations across some of the Group's traditional end-market areas. Our global teams remain focused on accelerating the launch and promotion of these new products, and we are actively investing in R&D to ensure we remain well-positioned moving forward.

While the short-term outlook remains subdued, our strategic focus on innovation and product diversification will pave the way for recovery and growth in the coming periods.

[chrisdgb] 18/3/2025 09:19

Market really needs the trading update to figure out what is going on...

[chrisdgb] 03/3/2025 13:08

some initial purchase...!

[chrisdgb] 03/3/2025 09:11

looks like it is being walked down.......

[chrisdgb] 25/2/2025 14:33

Obviously some nerves going into the trading statement next month.....

[simon gordon] 14/2/2025 15:56

Oops, hit post button by mistake.

[coolen] 14/2/2025 15:22

Has Thompson published an update, anyone ? I do subscribe, but may have missed it.

[bones] 30/12/2024 14:34

In recent years, Simon Thompson of IC has had this as a major recommendation (when in 400-600 range). As it’s well underwater for him, it wouldn’t be a surprise to see him using the New Year as an excuse to give the deflating tyres a further pump!

I don’t subscribe to the IC, so I don’t know if he is the source this time.

[pugugly] 30/12/2024 13:51

Has this been tipped somewhere as a NEW YEAR buy?

[chrisdgb] 11/12/2024 08:06

Hoping this could be a good recovery play for 25'....

[roddiemac2] 19/11/2024 12:17

apatel 21


Investment property is in the books for £1,975m

I know not whether or not they are likely to achieve that.I note that they say property sales are subject to attractive terms being achieved. I will tackle them on this subject next week. A bird in the hand may be better than two in the bush.

Cash outflows of £5.01m are made up of stage payments for the acquisition, Dividend payout, buy backs , and last but not least R&D

The acquired company has contributed very well to date.

[simon gordon] 19/11/2024 08:55

FY March 25 EPS 10.7p.

Chart support at 200p then 100p.

[apatel21] 19/11/2024 08:51

Also potentially another profit warning in the making :In the current trading and outlook statement 'if the current trading environment persists, it will become challenging to meet management's full year expectations for trading profitability'Against that it sounds like they may be close to selling 1 if not 2 surplus propertiesAnyone have any ideas as to what these might fetch ?

[wad collector] 19/11/2024 08:34

Ouch the HY are not encouraging, the 5p dividend is not even covered now..

[jemt0703] 15/11/2024 13:10

Big volume trades today (and recently) but why?

Why also is there no movement in price either way?

[rossco] 13/11/2024 18:58

I don’t have a copy of the AGM agenda so don’t know if the re-appointment of BDO was voted on at the AGM.

[chrisdgb] 13/11/2024 16:27

it is good corporate governance to change your auditor, really don't get the fall....