Communisis Share Discussion Threads

[robards] 11/5/2016 13:00

I can't recall, have we had any experience of CMS being leaky in the past?
I don't like this further drop in the run-up to the anticipated AGM statement.

[bamboo2] 07/5/2016 22:12

sp has b/o below the very long term Falling Wedge [again][pink lines] and looks like it could make a potential Double Bottom at approx 36. There is also a confirmed long term H&S target at approx 32. [sorry to be so negative]

[cutlosses] 07/5/2016 15:11

Agreed M-G

It's about time the market started to weigh the share price rather than vote on it.

[masurenguy] 05/5/2016 08:38

The price has drifted down over the past two weeks, primarily due to a knock-on effect of the St Ives profit warning and also some Brexit anxiety. The AGM statement, a week today, will therefore be a significant indicator as to whether trading remains robust or if there have been any signs of the slowdown that St Ives has noted.

The last outlook statement, in the results that were issued two months ago, stated that "We are encouraged by increasing demand for the Group's integrated marketing services. In 2016 contract wins, together with our new business pipeline, position Communisis for another year of profitable growth." If this scenario is reconfirmed next week then we should see some rebound in the shareprice.

[hvs1] 29/4/2016 10:38

you wuz warned my little numpty friends

[edmundshaw] 28/4/2016 22:06

That might even be good news for St Ives too... they are still very much in book printing too.

[masurenguy] 28/4/2016 09:29

Quite agree Riv - that was my first reaction on seeing the news too!

[rivaldo] 28/4/2016 09:26

This might actually be good news for CMS.

Polestar is not just a newspaper/magazine printer, but "has a complete offering for digital print in many market sectors including direct mail, transactional mail, book printing, journal production and commercial print", so there may well be some large contract work to be grabbed from Polestar:

[zho] 27/4/2016 17:40

Polestar, Britain’s’ largest independent printing company, has called in administrators, putting about 1,500 jobs at risk.

Polestar prints more than 50m units every week, including Hello!, Cosmopolitan, Grazia and the Radio Times, but has been running out of cash due to declining newspaper and magazine sales.

It collapsed on Wednesday after losing a vital contract with DMG Media, the publisher of the Daily Mail.




Completely differnet business to CMS of course, but this may create some negative sentiment, as the SIV TU did.

[hvs1] 27/4/2016 13:12

going dahn - not up, lol

[dahhad] 26/4/2016 15:55

is it too much to hope that it stays in the upward channel?

[hvs1] 26/4/2016 11:48

told ya oafs, you should've read across from SIV yesterday and taken action immediately, would've preserved profits or capital

also, no evidence that the downtrend of near on 2 years has broken yet

sometimes i feel i'm wasting my breath here, no doubt old masturbation chops'll be along with some bold font pontification later, he dont arf pick em, lol

remember, underneath all the new fangled marketing terminology, this is still just a junk mail printer, lol

c yas x

[isis] 26/4/2016 11:40

Oh dear looks like these are getting it now.

[edmundshaw] 25/4/2016 08:59

SIV markdown looks well overdone for what its worth. The marketing activation segment represents 25% of operating profit, it is expected to have a material hit on profit, and reduced margins. A 1% books slowdown in addition is small and not unexpected. That doesn't seem like 40% markdown territory to me... though the PE was a tad high in the first place.

[tudes100] 25/4/2016 08:52

"About 75% of revenues are underpinned by multi-year contractual arrangements, giving good medium-term visibility in the business", CMS final results, March 2016.

[isis] 25/4/2016 08:31

Just looked at SIV - down 40%

[edmundshaw] 25/4/2016 08:30

Last results in March stated: "Significant contract renewals and our new business pipeline will enable us to continue delivering growth, profitability and value in 2016".

St Ives "marketing activation" segment is in trouble, particularly supermarket segment. SIV has been pretty acquisitive in the last few years, buying turnover at some speed. CMS has been acquiring rather more carefully I feel, for the most part anyway. Also St Ives has had a higher valuation.

[masurenguy] 25/4/2016 08:21

SIV are probably the closest competitor to CMS in the UK although their digital business mix is not necessarily the same. Nevertheless there will inevitably be some sector 'read across' by some investors which will impact the CMS share price. Following the profit warning the SIV shareprice has been very severely hit and has opened down 37% this morning.

However one should note the outlook statement issued by Chairman Hickson just over 7 weeks ago. "We are encouraged by increasing demand for the Group's integrated marketing services. In 2016 contract wins, together with our new business pipeline, position Communisis for another year of profitable growth. The Board is focussed on the creation of value; meaning bottom-line profit translating to improving free cash flow and progressively lower debt." Of course things can change relatively quickly especially with the uncertainty over the EU Referendum outcome in June.

We will probably have to wait a couple of weeks until the CMS AGM on May 12th to get an update from them on initial trading performance and expectations for the current financial year.

[zho] 25/4/2016 07:48

I seem to remember that St Ives are in a broadly similar area to CMS.

SIV's trading update this morning warns that "current global economic uncertainty is leading to greater caution in the allocation of marketing budgets".

Edit: SIV down 35% at opening. I didn't think their warning was that bad!

[masurenguy] 21/4/2016 12:38

Shares XD today for the final dividend of 1.47p (2.2p for the year). Payment is due 20th May.

[richard98765] 19/4/2016 18:37

Bought in today purely for the dividend growth. I hope this yields double digits in 5years on cost. Any capital growth would be welcome !

[jlo10] 19/4/2016 15:30

4th time lucky then I hope
It's a long time for a downtrend in a period when EPS, margins, dividend, revenue have grown.
The company hasn't always managed its own PR brilliantly.
Just hope they don't say anything stupid at the AGM.

[speedsgh] 19/4/2016 14:12

Higher lows + higher highs are encouraging but we have been here before 3 times since Q1 2014 where a short rally has failed to break out of the wider downtrend + the share price has then gone on to make lower lows.

Exact positioning of current overhead resistance is difficult to tell but I would certainly be happier if we could get to c53p which afaics would definitely be a breakout of the downtrend in place since Q1 2014.

[owenski] 19/4/2016 14:01

Reckon 50p will be the interesting area, but it does seem that sentiment is on the turn here.