Connect Share Discussion Threads

[linton5] 30/11/2016 16:41

Yip gostevie63 said it all

[lord gnome] 30/11/2016 15:26

Still here, still holding, still moaning about the market. Plus sa change.....

[gostevie63] 30/11/2016 15:11

Still holding. Hasn't been much to comment on just lately.

[prokartace] 30/11/2016 14:49

Hi all have you deserted or just latent. Should be buying in Dec for the divi. Expecting 155 by end of year

[speedsgh] 11/11/2016 09:03

LINTON5 - Yes, although it should be caveated that broker price tsrgets are more often than not not worth the paper that they are written on.

Disclosure: I am long CNCT

[linton5] 11/11/2016 07:18

Broker prices ranging from 195to 220 mmm interesting

[sphere25] 10/11/2016 10:33

Double bottom on the chart with volume picking up. Large buys going through above the offer too currently.

A little push here above 140 and that downtrend could be smashed with a strong bounce.

[jgoold] 09/11/2016 11:46

Me too danieldruff2. I've been in and out of this over the years and happy to be back in.

[danieldruff2] 09/11/2016 09:24

Indeed, I scoured the market for a post-Trump bargain this morning and bought this one!

[fenners66] 09/11/2016 08:43

Trump wins - and Connect goes down?
Really ?
Why?

[linton5] 03/11/2016 16:04

Well done Eastbourne,they drop it on little sells and it drops on little buys.so manipulative for sure

[eastbourne1982] 03/11/2016 15:52

Bought back in today at £1.35, my target is £1.60.

[linton5] 03/11/2016 14:18

Waiting on more cash for next week,please keep it here mms

[linton5] 03/11/2016 11:23

No reason for this mm,s taking the mince out of a well run company

[dogwalker] 03/11/2016 11:08

Interesting trading going on here today.Anything to do with the Brexit vote? I can't see a ....link, but there again can't see why the share price should be dropping for any other reason at all.

[linton5] 27/10/2016 10:14

Getting tempted now

[owenga] 27/10/2016 09:03

ConnectSpun out of WHSmith and formerly known as Smiths News, Connect's origins lie in newspaper and book distribution. But select acquisitions are taking the company into new markets such as education, health, freight and parcel delivery – where Asos and Amazon, no less, are both customers. Further purchases are possible as Connect takes its skills into new markets where there are growth opportunities.Last Tuesday's full-year results were perfectly solid as sales rose by just under 2pc and underlying pre-tax income by 7pc. Best of all, cash flow jumped by 25pc and management increased the dividend for the ninth straight year.Analysts expect a further low single-digit increase in profits for the year just begun and another dividend rise, to leave the stock offering a 6.9pc prospective dividend yield.Growth-obsessed investors may not be too interested, even as the firm repositions itself, but the twice-covered dividend yield may catch the eye of income-hunters.Questor says: BuyTicker: CNCT

[cw2000] 25/10/2016 12:39

Following on from Fenners post – above
I too read through the accounts to find the true picture. As pointed out there appears to be nothing hidden in the results and every division has an element where there should be some growth. (OK the coffee business does seem a bit of a distraction).

What’s not to like?
Perhaps if inflation rises strongly, some contracts will be run on smaller margins – I’m not sure how the contracts are drawn up – hopefully a clause for inflation and oil price rises is included.

On the negative side, the share could slip to 120 (it is a little unloved), however, the chart shows great resistance here at 140 and if history repeats itself, should hit 160+ in the next 4 months. See the 3 year chart.

I have a holding and I added a trading tranche the other day with a target of 164 to offload them. If all goes wrong I get about 5% cash back in terms of the div in a few months.
As pointed out above, Questor also like them now!

[linton5] 24/10/2016 12:15

Yes nice price to hold on for a year

[sphere25] 24/10/2016 11:58

Looks well oversold this.

Strikes me that the market continues to expect bad news with results, so often you get a fall into results here, then with no major bad news the stock stabilises (partly due to the dividend yield) and ends up rallying back to the highs.

Chart appears to have found support here so expecting more of the same pattern. Plenty of buying come here over the past week so once the sellers are done, expect a sharp bounce from the flatline and then a move back to the recent highs.

Buy up the discount whilst it's there.

All imo

[mundungus] 24/10/2016 11:46

Mentioned in FT weekend/IC as a potential buy for the dividend and low multiples.