Cohort Share Discussion Threads

[r ball] 08/12/2015 06:47

hmm.. I've never become poor by paying too much for a share. £10 target and take over target on founders exit?

[mattafc] 07/12/2015 09:15

Looks fully priced at the moment to me, but still holding as regular contract wins and relating sleep making space for further price increases. Hoping regulars will bring the same

[r ball] 07/12/2015 08:02

results next week

[r ball] 25/11/2015 08:31

bought - yesterday.

[napoleon 14th] 25/11/2015 08:30

Contract win!

Timber chopper - got your timing right this time...

[r ball] 23/11/2015 20:32

Lots of job vacancies!

[woodcutter] 19/11/2015 14:02

held in the past and sold too early in the consolidation phase last year. bought in again today on the trend strength and fundamentals.


free stock charts from uk.advfn.com


woody

[sogoesit] 14/10/2015 14:53

Accumulated at 389.9p today.

[bluerunner] 14/10/2015 13:27

CHRT tipped again in ST column in IC today. Technical set-up supportive of further gains / potential for more positive news flow.

[sogoesit] 13/10/2015 20:12

There was general write-up in Shares Mag last week for Defence Stocks and CHRT was highlighted to the good as benefiting from the submarine expenditure announced by the Chancellor recently.
Also they were at some exhibition and the CEO interviewed.
Good luck for some more uplift!

[bluerunner] 13/10/2015 12:07

More fantastic news from Cohort.Prospects look very good here.

[hawks11] 10/9/2015 20:16

I looked as I saw that Panmure marked it as a buy today, no write up I'm afraid and no target.

[hastings] 14/8/2015 08:47

Write up may be of interest to holders or watchers.

[mattafc] 13/8/2015 22:52

From Proative Investors:-The broker Investec, which rates the stock a 'buy', increased its price target 20p a share to 420p following the contract award.It has also raised its full-year 2017 and 2018 earnings per share forecasts by 3%, as it told investors there is scope for "substantial revisions" once full details of the deal emerged.--------------Scope for 'substantial revisions' sounds promising. I'm over my initial profit target on this, but looking to run profits as the board seem to be making all the right moves.

[paleje] 13/8/2015 07:21

13 August 2015

Cohort plc

("Cohort" or "the Group")

Cohort's MCL subsidiary wins MOD hearing protection contract

Cohort, the independent technology group, is pleased to announce that its subsidiary Marlborough Communications Ltd. (MCL) has been awarded a contract by the UK Ministry of Defence to provide the armed forces with tactical hearing protection systems for the dismounted close combat user ("THPS DCCU"). The award follows a competitive tender process.

The initial order value is GBP11.2m. Further orders are expected over the duration of the contract and the delivery schedule and total contract value are still the subject of discussion with the customer. The contract has been awarded for four years, with an option to extend it for a further three years.

The solution being supplied by MCL was developed in partnership with INVISIO Communications, a leading Danish audio technology company.

This contract win follows on from MCL's previous UK MOD win earlier in the year, supplying its Tactical In-Ear Protection Plugs as part of the tactical hearing protection system for the basic user soldier.

Andrew Thomis, Chief Executive of Cohort plc, said:

"We are delighted that MCL has been awarded the THPS DCCU contract. We look forward to working with the UK MOD to deliver this important equipment to soldiers.

"The contract will add significantly to our already strong order book, which substantially underpins our revenues for Cohort's current financial year."

[paleje] 07/8/2015 09:00

ST reiterated his advice to run profits yesterday, upped his target to 375 and added Investec Securities now believe fair value around 400p a share.

[paleje] 06/8/2015 09:48

Edison raised fair value this morning to 390

Cohort has announced its first international acquisition, purchasing Empresa de Investigação e Desenvolvimento de Electrónica, SA (EID), a Portuguese supplier of advanced defence communications systems across naval and land systems, for a net consideration of €16m. EID not only brings a new home market in Portugal, but also access to a thriving export base encompassing customers in 14 countries across five continents. With the business creating a new fifth leg to the group and the deal expected to be earnings enhancing in the current year, we believe Cohort has demonstrated that it is now ready to push on in its international expansion. Our fair value rises to 390p/share.

[ftseproactive] 05/8/2015 15:00

Proactive speaks to Cohort boss Andy Thomis...

[paleje] 05/8/2015 14:28

Sorry, yes I agree with that, and the implication if that rate of growth were to continue:)

[ramridge] 05/8/2015 12:44

paleje - I agree we need to take account of the lag from order to revenue recognition.

But if you look at what is already in the bag, E12.4m in Q1, it is 86% of 2014 annual revenues. So no matter how you look at it, with an order book of E35m, revenues are going to be substantially greater than the FY14 number.

[paleje] 05/8/2015 11:07

I'm not sure about the 2015 earnings coming out that high Ramridge, not sure how much of their order book would book as revenue in the current year but that doesn't put me off at all, it's a great deal and according to Investorschampion blog will improve EPS modestly in the current year. I would think a lot more so the following year Apr 2017. I shall be joining you, it looks very solid.

[ramridge] 05/8/2015 10:15

paleje - I agree it looks a pretty good deal. Took a long position this morning.

The revenues picture is remarkable.
* YE2014 revenues E14.5m
* Q12015 revenues E12.4m + order book of E35.4m
* so my estimate of FY2015 revenues likely to in range E35m - E50m,
* that's an increase of 240% - 270% over FY2014

And as the RNS says these are earnings enhancing in the current financial year

DYOR & all IMO

[paleje] 05/8/2015 09:11

That looks like an astute acquisition, I'm not a holder but saw ST's column a short while back with a 360p target, I should think he'll be upping that.

Taking into account the €3m cash they appear to be paying net €16m for €35m order book plus additional sales pipleine. If the orders convert to EBIT at the 2014 rate it's €3.5m of extra EBIT for €16m cost before any margin improvements or additional sales they'll be looking for. Good management.