Contourglobal Share Discussion Threads

[oldtown] 12/7/2005 10:22

Broker to Broker

[e-venturer] 12/7/2005 10:04

what is a b type trade

[oldtown] 12/7/2005 08:33

With the weakening pound and extra contracts its hard to see this not having a good run.

[wjccghcc] 12/7/2005 08:12

Great results. Intl sales now 64% reducing exposure to the UK which is the most competitive market. Huge opportunities still in the US to upgrade their wireless network and Asia is just beginning. One of the world leaders in the telecoms sector - must be a takeover candidate if the mgmt ever wanted to sell.

Add back the exceptional cost and diluted EPS were 5.2p. EPS of 7p must be on the cards for this year at least putting them on a PE of 13.5 and the telecoms recruitment cycle is just getting going. I topped up first thing.

[oldtown] 12/7/2005 08:07

Has the worm turned? I think so!

[cornelious billy bee] 01/7/2005 11:04

I am going to buy these before the results

[wjccghcc] 16/6/2005 16:54

Unlikely given their year end was March and they would have had to disclose it as soon as they knew. Also, if you look at their history, any warnings have been quite prompt.

I also think it's unlikely they're being affected by any recruitment slowdown in the UK. 60%+ (and rising )of sales are overseas and 55% of their business is in specialist telecoms where investment is on an upswing. My main concern is whether US consolidation of the big telcos has put a hold on some recruitment (which is likely if their customers of Glotel), although any such hold would be temporary.

I think today's selling is just weak holders seeing it begin to drop and being spooked into selling.

Having said that, I only have a small holding and will probably wait until the results before deciding whether to top up, simply because of my US concern.

Unless of course they get stupidly cheap in the meantime ...

[cornelious billy bee] 16/6/2005 16:14

could there be the sniff of a profit warning on the way?

[mart] 16/6/2005 15:12

downturn is one thing, frigging collapse is something else. Results are due 12 july. Presumably a sniff of weakness and shorters circle. I don't hold, have done in the past and was considering it again. Backing off until the situation is clearer.

[cornelious billy bee] 16/6/2005 14:41

downturn in the sector as a whole, look at spring...

need a couple to go bust or massive market pickup, a is more likely.

[mart] 16/6/2005 14:34

oops, this is a bit dramatic. Anybody seen or heard anything?

[cornelious billy bee] 18/4/2005 11:38

whoops new bottom found

[cornelious billy bee] 12/4/2005 13:28

its tested this bottom enough times ahasn't it

[wjccghcc] 25/1/2005 13:02

But the fundamentals do. We'll see which wins out.

[cornelious billy bee] 25/1/2005 10:09

trend charts do not look good

[cornelious billy bee] 08/12/2004 12:11

ah not buying thats one good decision I have made this year, off to buy me some harvey nash

[wjccghcc] 08/12/2004 09:04

Think they'll easily beat 4p as they say profitability and outlook is improving over H1 and they made 2.1p in H1. Agreed we're not in the tech boom anymore, but in 99/00 these were making 14p EPS. They're now a much more tightly run and diversified business, well set to take advantage of the telco/IT outsourcing to India and the Far East. Telco spending is definitely on the increase (hopefully at a more sustained level this time). The only downside I see is the weakness of the $ given that 40% of sales is in the US. Having said that, US sales still increased 21% half on half despite the $ falling by 10% so the local currency growth is nearer 30% half on half. I'm gonna tuck some away in my PEP for 6 months and see what happens.

[ok,yah] 08/12/2004 08:26

Only question mark is on the value, at 4p per share for year end looks fully valued on price to earnings ratio around 28. Decent set of results though

[wjccghcc] 08/12/2004 08:02

Given the forecast was 3.85p for the year and they've done 2.1p in H1, I'd expect a significant upgrade to between 4.5p and 5p EPS. Looks pretty good to me.

[oldtown] 08/12/2004 07:58

results and outlook look solid ,no fireworks but a holder.

[seagreen] 07/12/2004 15:50

Sadly some people seem to have bolted already so probably best to leave now, although I was told the results were stonking..caveat emptor

[cornelious billy bee] 07/12/2004 15:46

err I was going to buy tese as a short term punt.

I feel results WILL be good but how much is factored into the price already??

anything less that a 5p rise would be useless

Thoughts?

[oldtown] 07/12/2004 08:59

I agree seagreen (about the oil exploreres) but feel sentiment will way heavy for a few months, and you may be able to pick them up cheaper.
Lets hope that a GLO turns into a real fire tomorrow,cheers seagreen
oldtown

[seagreen] 07/12/2004 08:51

Ouch..........!

Olds good time to buy into as the explorers oil price will got to $60 next year.....rememeber you heard it first from Uncle Seagreen!

In the mean time this looks like a mini stormer ;-)

[oldtown] 06/12/2004 21:57

looks nice, throw all your oil explorer certs on to it seagreen lol ;-)