|Cheshire man, thanks for the reminder! Guess we might have to wait a little longer for 57 :-)
LT income hold in ISA for me anyway, so no rush.|
|Ex divi 27/04/2017,,,,,,payment date 26/05/2017 DYOR|
|An eod close above 57 could be in sight. This opens up some exciting chart pattern target prices.
There was what could have been a major turn last week between Tue 18 and Wed 19th. Indicators looking more positive. Price has 50 sma support.|
|Nice uptick. Let's hope CMS revert back to issuing a trading statement at this year's AGM on 11th May - only just over 2 weeks away.
I intend to get in touch with the company to stress that they should do this, and I hope others here will do the same.|
|Very reluctantly closed out here what remains of a profitable position. No doubt the business is good.|
|Vectorvest seem to have a problem with their maths if they think that 36p to 56p is "nearly doubling". :0)|
|Good spot Riv.|
|Next move up should take it to 60p. Surely...|
|Vectorvest (never heard of them before?0 say Buy CMS:
"Summary: The raft of positive news in the full year results effectively echoed the CEO’s statement in the interims last August, when at 36p the stock first came to the attention of VectorVest scanners. CMS has nearly doubled in value since that time, but with the ongoing pace of debt reduction and the prospect of continuing dividend growth, VectorVest fully expects CMS to continue delivering. The share is in the throes of a strong upward trend and looks highly likely to continue its move towards the high of 2014 which is similar to the present VectorVest valuation of 71.5p."|
|Just been tipped on T.M.F:
Communisis (LSE: CMS) has seen its share price continue to gallop higher in recent weeks, the stock rising 23% in value since the turn of the year alone and hitting record tops of 56p earlier in March.
The marketing ace pumped to those peaks after announcing that total revenues edged 2% higher during 2016, to £361.9m, with profit before tax jumping 15% to £16.7m.
Despite its sustained skywards share price charge, however, Communisis still offers splendid value for money in my opinion.
While the business is anticipated to endure a 5% earnings fall in 2017, Communisis is expected to bounce back with a 5% rise in 2018. And these predictions result in P/E ratios of 9.3 times and 8.9 times respectively, scandalously-low valuations in my opinion, given the communications play’s rising success with huge clients across the globe.
Communisis inked new deals with the likes of HMRC and Sony last year alone, and already counts the likes of Lloyds, Amazon and BP amongst its customer base. The company now sources just over a quarter of all revenues outside the UK, versus 18% just a year ago, and is poised to establish a base in the US this summer to boost trade in the world’s number one economy.
And I believe Communisis’s super growth outlook should keep dividends shooting northwards well into the future, helped by its ability to chuck out heaps of cash — free cash flow rose 7% last year to £12.9m.
In the meantime, projected payments of 2.6p per share for 2017 and 2.7p for next year should sate the needs of yield-hungry investors. These figures yield 4.8% and 5%, respectively."|
"Communisis' e-UCN is ahead of the curve to prevent new digital cheque fraud
22 March 2017
Recent reports about planned cheques clearing process actually raises the risk of digital cheque fraud.
A recent story published by BBC Business News reports that bank cheques are to be cleared within a day compared to the current six days from October this year. (BBC Business News 22-3-17).
In the USA, cheque imaging (and therefore single day clearing) has been in place since 2004, leading to a 70 per cent reduction in the cost of clearing cheques. However, this has resulted an increase in fraud due to the ability for counterfeit cheques to go unnoticed during the clearing process.
Cheque fraud cost the UK banking sector £18.9 million in 2015, according to Financial Fraud Action, a figure which Communisis believe could rise following the introduction of new regulations governing how cheques are cleared.
Recognising the implications of the planned changes to the clearing process, Communisis has created a solution to keep their clients ahead of the fraudsters, and in 2016 launched a new technology to combat the increased risk.
Communisis’ e-UCN (Unique Coded Number) system has been tested with a leading high street bank over the past three years. The technology uses a complex algorithm to generate a unique code that is lasered onto customers’ cheques. The code can only be decrypted using a decryption key built into banks’ clearing processes, ensuring that suspect cheques are automatically held for investigation.
A number of major banks and building societies are ready to deploy e-UCN to reduce their risk of fraud - leaving those banks without protection increasingly exposed to the risk.
Communisis is well-placed to recognise, and counter, these risks. The Group provides multi-channel customer communications and cheque printing solutions to the majority of the UK’s high street banks, and reports that 38 per cent of consumers and 55 per cent of businesses in the UK still regularly use cheques as a method of payment - with 644 million processed annually.
Tony Rice, Head of Relationship Management, Security Print & Cheques, leading on the e-UCN solution at Communisis, explains:
“Like any digital transformation project, image-based cheque clearing has huge potential boost efficiency and release cost savings for UK banks, but it also brings new challenges.
“With legacy IT remaining a significant challenge in the banking sector, many UK institutions are not as well equipped as they could be to implement the Image Clearing System (ICS). Cheques continue to be a popular target for fraud and our patent-pending technology is a unique, best-in-class solution that is Future Clearing Model-ready and protected by industry leading SHA 256 cryptographic standard.”"|
|Minister softens up 11 million workers for pensions blow - Telegraph
'Millions of people with “final salary” pensions may have to accept cuts to their income as radical plans emerge aimed at saving thousands of struggling small funds.
Writing for this newspaper, the pensions minister hints that in future pensioners will have to accept reduced benefits to take the pressure off embattled funds.
Now, in the wake of the BHS scandal, which saw Sir Philip Green forced to pay £363m to fill a hole in the staff pension fund, the Government is looking for ways to ease the burden on firms by watering down benefits.
Richard Harrington, the pensions minister, explains why the system needs to be reformed. Britain is a “very different place” from when many of the schemes were set up, he says.
His stance today is in contrast to the tone of an earlier interview with this newspaper last September. Then, he said he was “very conscious of the fact” that final salary pensions were “part of an employee’s package and were used extensively as a way of recruiting staff”.
He added: “People were joining a company and were given a promise that was as much a part of their deal as their salary was.”
But now he concedes that savers will have to feel some pain if the system is to survive.
He writes today: “I have a very clear set of criteria in mind when it comes to the future of the defined benefit [final salary] sector. Any changes must balance the needs of consumers, employers and schemes and I don’t want to see it tipped in favour of one particular group.
“To restore confidence and build a more secure sector it’s vital that the interests of no one group dominate.”
A recent government consultation paper suggested that firms be allowed to freeze pension payments so they don’t keep pace with inflation.
Part of the problem is that there are thousands of schemes, mostly set up decades ago when the companies that backed them were stronger and people didn’t live as long.
The PLSA, among others, has suggested creating “super funds” that would enable employers to pay a one-off fee to absolve them of responsibility for the pensions. It said pooling assets in this way would protect pensions and make high-profile failures less likely.
Part of the reason final salary schemes are so valuable – and costly to employers – is that the payments are increased each year in line with inflation.
The rules vary from scheme to scheme, however, meaning that some pensioners have their payments lifted by the consumer prices index and others by the retail prices index.
One of the Government’s ideas is to allow trustees to override rules that prevent them from using the CPI, which is normally lower, or suspend increases entirely if the company is in financial difficulty.
“CPI has already replaced RPI for the pensions of civil servants, the military, teachers, NHS staff and MPs,” he writes.
“And if using a modern and more accurate measure [of inflation] which still protects pensioners against rising prices also makes the scheme more sustainable in the long term, it is worthy of consideration.”
Because of the huge costs, the vast majority of private sector final salary schemes are now closed to new staff. However, almost all public sector workers – including MPs – still have the right to join their scheme.'|
|Bit disappointing CMS should slide so much on Trump fears, I thought most of their business was long-term contracts? Is it high volume?|
|Let's see if we can break that 2015 resistance of 60p in the coming weeks :-)|
|New recent highs now, and good to see a load of AT trade buying in the last hour, plus a 20k buy at 56.31p just now.|
|Testing the October 2015 high
The 2012 rise shows how quickly this has moved before
|Indeed Masurenguy hopefully on our way to FinnCap 65p TP :-)|
|Nice move up at the open on minimal volume !|
|Somewhat downbeat analysis by Investors Chronicle...
Restructure yet to bear fruit for Communisis - HTTP://www.investorschronicle.co.uk/2017/03/13/shares/news-and-analysis/restructure-yet-to-bear-fruit-for-communisis-eofXg4oF4o9sa5exzfTDGP/article.html
...The company's expansion is on track. Its shares' forward earnings ratio of eight times is inexpensive against the index, but in line with its long-term rating. Given the challenges faced by the group's clients, we'd like to see further progress before upgrading. Hold.|
|Perhaps it's The New Proposition...|
|Why is CMS any more "positioned to capture further sizable contracts" than it was 2 years ago? :0)|
|Thanks, rivaldo. A sensible, fairly balanced article.
Here is another link direct to the article - HTTPS://tinyurl.com/j9z9j9s|
|There was some AT trade - institutional - buying at 54.6p and 55p.
Nice uptrend now and new recent highs.|