Cohort Share Discussion Threads

[gswredland] 22/7/2024 17:14

Thanks tourn

[tournesol] 22/7/2024 07:22

EQUITY DEVELOPMENT's recent analyst report is available in full via Cohort's website.

See [...]

[tournesol] 21/7/2024 22:37

Coverage by Yahoo Finance

"...analysts are now forecasting revenues of UK£220.0m in 2025. This would be a meaningful 8.6% improvement in revenue compared to the last 12 months.... analysts have increased their price target for Cohort ...The most optimistic Cohort analyst has a price target of UK£10.50 per share, while the most pessimistic values it at UK£9.10 "

Note:- £10.50 would represent a 28% gain from Friday's close.

source:-

[robertball] 21/7/2024 19:09

Reckon price dip due to capacity issues. Surely a takeover target

[wad collector] 21/7/2024 07:51

Those two contract wins that sloped in last week are impressive , if not as large as the Ancilia one from the RN. There is a pattern here of confidence in the company , not just from MOD customers. As long as the capacity to expand is there, this one to hold and prosper I think.

[melloteam] 19/7/2024 14:03

Just to let shareholders and prospective investors know that Cohort will be presenting on the MelloMonday webinar on Monday 22nd July 2024, starting at 5pm.

Full Programme:

5:00pm Paul Hill presents ‘Investing in turnarounds’
5:30pm Company presentation from True Royalty
6:10pm Company presentation from Cohort plc
6:40pm Company presentation from AdvancedAdvT plc
7.00pm Company presentation from Time To ACT plc
7:30pm BASH Panel featuring Alan Charlton (SPSY) and Richard Crow (FTC)

Get 50% off your ticket with code MMTADVFN50
More info:

[davidosh] 19/7/2024 14:02

Cohort will be presenting on the Mello show this coming Monday...

[tournesol] 18/7/2024 06:31

A bit more detail from Equity Development's comment

"Our read-across to the market cap-weighted average of peers leads us to raise our Fair Value / share to 910p from 725p."


[...]

[tournesol] 17/7/2024 20:55

INVESTORS CHRONICLE

Momentum builds at Cohort

Huge naval order swells pipeline by 60 per cent

Overall, the strong results and decent order momentum led to several broker upgrades to forecasts. Shore Capital lifted its earnings per share estimate for 2025 by 7 per cent and 2026 by 9 per cent. Based off the former, Cohort’s shares trade at a price/earnings ratio of just under 20 times, which is well above its five-year average of 15 times as well sector giants like BAE Systems (BA.) and Lockheed Martin (US:LMT).

As Shore Capital's Jamie Murray points out, though, further upgrades seem likely given recent order momentum. Maintain buy.

[tournesol] 17/7/2024 20:49

PROACTIVE INVESTORS


… Cohort hits new high as orders keep rolling in…


source:-

[tournesol] 17/7/2024 20:42

SHARES MAGAZINE


EXPERT VIEW

Analysts at Shore Capital were upbeat about Cohort: ‘Cohort offers a solid and growing order book with a robust book-to-bill ratio, a positive industrial backdrop in defence and security markets, and a strategic supplier position with clients. This all points towards premium valuation being sustained for Cohort, in our view.’

source:-

[robertball] 17/7/2024 16:50

This one will be bought at some stage. I'm going to say £15.00. In 2 years time..

[phg87] 17/7/2024 15:44

Topped up today. Lets see how it goes

[martinmc123] 17/7/2024 13:50

Cohort plc announced its unaudited results for the financial year ended 30 April 2024 this morning and they were solid if not spectacular. Revenue was up 11% to £202.5m, adjusted operating profit was up 11% to £21.1m and adjusted EPS was up 18% to 42.89p. However growth of the order book was spectacular, its was up 58% to £518.7m and it augurs well for topline growth in the next couple of years. Valuation is decent if not particularly cheap with forward PE ratio around 20x and PS ratio at 1.72x. The balance sheet is strong with negative net debt, dividend yield is a little stingy while the share price has positive momentum and has broken through to new record highs following today’s results. BUY....

...from WealthOracle

wealthoracle.co.uk/detailed-result-full/CHRT/840

[robertball] 17/7/2024 06:42

Results as expected. I suppose we have to see what the phase "...further significant progress" means. As it's AIM there won't be much analyst coverage

[edmonda] 17/7/2024 06:36

FY24: record results and maintained momentum:

Cohort reported strong FY24 results, with revenue +11%YoY at £202.5m, which was 8% above our outlook, and (adj.) operating profit of £21.1m +11%YoY (3% above EDE). The closing order book was £518.7m +58%YoY with order intake of £392.1m, +78%YoY, and estimated 95% coverage of our FY25 revenue outlook. The year closed with net cash of £23.1m.

National security and spending on defence became an issue of top priority through the course of pre-election campaigning, with the Labour Government indicating that it would increase spending to 2.5% of GDP compared an estimated 2.30% in 2023/24. The Group reports good demand from both domestic customers and for exports, noting increased attention to defence spending spurred by conflict in Ukraine and ongoing tension in the Indo-Pacific region.

Our read-across to the market cap-weighted average of peers leads us to raise our Fair Value / share to 910p from 725p.

Link to research note:

[robertball] 15/7/2024 06:40

Contract news before results!!!

[robertball] 11/7/2024 11:03

Also, I expect profit to drop as they invest in staff

[robertball] 11/7/2024 11:03

It's all about delivery now. They surely have limited capacity to take on new contracts.Takeover target

[phg87] 11/7/2024 08:36

Price been moving sideways for a month. Will be interesting to see what happens when the results are released on Wednesday

[gswredland] 09/7/2024 13:46

Thanks edmonda

[edmonda] 09/7/2024 11:05

Save the Date! 19th July - Investor Presentation (sign up below)

Cohort plc (AIM:CHRT) is an independent technology group that comprises six military, electronics and intelligence development operations spread across the UK, Germany, and Portugal. Its senior management will host an Investor Presentation covering preliminary results for the year ended 30th April 2024.

The event will take place at 10.00am on Friday 19th July with Andy Thomis (Chief Executive) and Simon Walther (Finance Director) presenting from the company.

The online event is open to all existing and potential shareholders. Questions can be submitted during the presentation to be addressed at the end.

You can register at the link:

[robertball] 11/6/2024 17:55

Nearly hit my 720 stop loss

[phg87] 11/6/2024 15:41

To add, all of my holdings were down today except my Warpaint holding so just a down day in the market also. Happens.

[johndoe23] 11/6/2024 13:24

It's been on a great run