Cohort Share Discussion Threads

[bluerunner] 24/4/2015 09:56

Pre-election jitters?

[doobz] 24/4/2015 09:20

Agreed, I couldn't see anything either. If the spread was lower I might be tempted to try a quick bounce trade.Good luck all D

[tintin82] 24/4/2015 08:52

Haven't seen anything but good news so no idea! I would buy some more but already have a significant position.

[doobz] 24/4/2015 08:46

Anyone see any reasons for this down spike?

[bluerunner] 14/4/2015 11:48

A good buy recommendation today on IC:

'Furthermore, with net funds forecast to rise from £6.7m last October to £8.5m at the end of this month, or the equivalent of 21p a share, the company is well funded to make further earnings enhancing bolt-on acquisitions as chairman Nick Prest noted at the time of the half-year results. As and when these complimentary deals are done, expect further upgrades to the aforementioned profit estimates. It's worth flagging up too that the double-digit profit growth is also being driven by major contract wins, details of which I outlined when I last updated the investment case, so there is an organic growth story here, too.'

[napoleon 14th] 07/4/2015 06:33

Sensible directors' sharedealing RNS.
Squashes any speculative comments before they're made...



The deals - transfer to ISA - are sensible too...

[snadgey] 31/3/2015 21:15

Not as far as I'm aware.

[rlivsey] 31/3/2015 09:06

This share is rocketing, does anyone know if the company will be moving to the main market?

[napoleon 14th] 09/3/2015 10:51

Took just a few after SCSW write-up.
Starting the next leg up IMO.

[trader deak] 04/1/2015 12:29

Just for your info...

[tintin82] 16/12/2014 12:00

Great write up in IC today. That coupled with the video presentation solidified my understanding of earnings visibility was enough for me to take a modest position.

[proactivest] 15/12/2014 11:48

First half results video presentation by CEO Andrew Thomis



Andrew Thomis, the chief executive of Cohort plc (LON:CHRT), takes investors through the group’s first-half figures.

[tintin82] 15/12/2014 07:23

Interesting set of results. I was considering taking a position based on these, however I think I shall wait a while and see how things bed down with MCL. Falling revenues in SCS / SEA are a concern.

One for the watch list for sure.

[doobz] 14/12/2014 12:58

Half year results tomorrow

[sharesoc] 07/10/2014 15:53

A reminder that Cohort will be presenting at our next growth company seminar in London on the 23rd October if anyone is interested in attending. More details at... hxxp://www.sharesoc.org/seminaroct2014.html

[pastybap] 07/10/2014 08:24

Recommended by ST in the Investors Chronicle yesterday. Seems a very positive but balanced write-up. After doing a bit of my own research have bought a few and may acquire more over time, as the new acquisitions bed in and boost expected EPS.

[sharesoc] 24/9/2014 16:33

Cohort will be presenting at our next growth company seminar in London on the 23rd October if anyone is interested in attending. More details at... hxxp://www.sharesoc.org/seminaroct2014.html

[woodcutter] 16/9/2014 11:10

sold my small holding today for a very small profit. Thought the AGM statement was neutral, perhaps on the soft side.

year end april order book £82m
end of Aug order book £89m of which £5.4m was intake from the MCL acquisition.
So only £1.6m of new order in take from the exisiting business in 4 months.

That looks insufficient for a business with annual turnover of £80m+. They may meet forecasts for this year but with lumpy order flow and uncertainty around foreign exports it looks vulnerable to a profit warning down the line.

aimho.

woody

[woodcutter] 19/8/2014 14:11

Took an initial position today. Good institutional holding in Hargreave Hale and the P&L and balance sheet both look strong. Cashflow should improve with the disposal of SEA space sector and loosening of MASS working capital constraints, receivables thereby improving. Also underpinned by a solid dividend yield, particularly the 20% increase.

Current market sentiment is choppy, so a good business with sound government contracts and reliable earnings which will get paid. The recent acquisition of MCL looks really interesting, a potential for significant growth imv. MCL acquired for an initial consideration of 3 times EBIT plus-add ons looks very reasonable to me.

From a TA perspective; price sitting on trend support, +ve divergence between price and both RSI and MACD, share price moving in line with sector trend NMX2710




Woody

[pjhutchy] 09/7/2014 16:08

Thanks for the link. Looks good especially the drones side of the business

[sammy_smith] 09/7/2014 09:39

Watch: Cohort plc - Interview with Andrew Thomis, CEO

Marlborough Communications Acquisition

Click the link below to watch

[proactivest] 01/7/2014 10:34

Video Interview

Andrew Thomis, chief executive at AIM-listed Cohort PLC (LON:CHRT) tells Proactiveinvestors the company will be looking to complete acquisitions as part of its growth strategy.

[sammy_smith] 26/6/2014 10:02

Watch: Andrew Thomis, Chief Executive Cohort plc - Final Results

click the link below to watch

[davebowler] 08/5/2014 13:55

1 MAY 2014

Cohort PLC

("Cohort" or "the Group")

Disposal

Agreed sale of SEA's Space division to Thales Alenia Space UK for up to GBP6.5 million

Cohort, the independent technology group, today announces that it has agreed to sell the Space division of its subsidiary SEA to Thales Alenia Space UK Ltd ("TAS UK"), a subsidiary of Thales Alenia Space. Completion of the transaction is subject to the satisfaction of a number of conditions precedent, including the transition of existing contracts.

Based in Bristol, the space division of SEA provides research through to high-integrity space flight hardware for near Earth and deep space missions. The disposal is in line with the Board's stated policy to increase shareholder value through corporate activity where suitable opportunities arise. SEA's Space division was relatively small in scale and it is the Board's view therefore that the division would be better owned by a business with a stronger presence in the sector. The cash proceeds from the disposal will provide funds for investment in the Group's core businesses and for potential acquisitions.

TAS UK has agreed to acquire the business for an initial cash consideration of GBP5 million of which GBP2.5 million is due on signing with the balance to be paid on completion. In addition a price adjustment based on the working capital position at the time of completion may result in a further cash payment of up to GBP1.5 million. Completion is expected to be on or before 31 May 2014.

For the year ended 30 April 2013, the Space division reported gross margin of GBP0.3m on revenues of GBP5.1m and a small operating loss after overheads. Gross assets were GBP5.4m as at 31 October 2013. After writing off goodwill of GBP2.0 million the transaction is expected to result in a non-cash exceptional loss before tax of up to GBP1.5 million being included in the Group's results for its financial year ended 30 April 2014. The disposal is expected to have a small negative effect on earnings for the year ended 30 April 2015.

Andrew Thomis, Chief Executive Office of Cohort plc said:

"The disposal enables SEA to focus on its core defence and transport markets, and to build on its strong positions in naval communications, software, synthetic environments and other electronic systems.

"In Group terms it frees up resources and funding to pursue our growth strategy."

[cassini] 02/5/2014 14:19

Space division of SEA bought by Thales-Alenia Space (UK).