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Share Name Share Symbol Market Type Share ISIN Share Description
Discoverie Group Plc LSE:DSCV London Ordinary Share GB0000055888 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 670.00 670.00 672.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 379.2 17.1 27.1 24.7 640

Discoverie Share Discussion Threads

Showing 226 to 249 of 400 messages
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
DateSubjectAuthorDiscuss
26/4/2019
08:47
Very good coverage of the excellent results, with an interview with the CEO and this analysis from Peel Hunt: Https ://www.proactiveinvestors.co.uk/companies/news/219036/discoverie-pursuing-robust-and-well-executed-strategy-as-proven-by-recent-deals-and-solid-underlying-trading-219036.html "Blue Sky: Analysts at ‘house’ broker Peel Hunt said it sees the recent deals and solid underlying trading as “further proof of a robust and well executed strategy”. They pointed out that the two April acquisitions are both “perfectly in line with the Group strategy and very comfortable fits”. After the placing and purchases, the analysts estimates that the group will still have around £30mmln of firepower for further deals. They pointed out that due to dilution from the placing, its earnings per share forecast for full-year 2020 remains unchanged, but their pre-tax profit estimates was increased by 9% to £31.2mln. Peel Hunt has a 500p target price on, with the shares trading at 436p each, having gained over 23% in the year to date, giving the firm a market cap of around £347mln."
rivaldo
24/4/2019
11:32
RNS - Standard Life have been buying heavily, going straight to 9.59% from 7.16%, perhaps due to placing participation. They now have 7.73m shares: Https://www.investegate.co.uk/discoverie-group-plc--dscv-/rns/holding-s--in-company/201904241121389596W/
rivaldo
24/4/2019
09:34
Looking very solid - hopefully new highs coming soon.
rivaldo
23/4/2019
07:36
Peel Hunt today reiterate their Buy and 500p target: Http://investing.thisismoney.co.uk/broker-views/
rivaldo
18/4/2019
12:20
Good to see the directors participating and buying £72,000 of stock in the placing: Https://www.investegate.co.uk/discoverie-group-plc--dscv-/rns/director-pdmr-shareholding/201904181157266551W/
rivaldo
17/4/2019
12:46
Looks like more acquisitions are on the way: Http://www.cityam.com/276368/electronics-manufacturer-discoverie-looks-break-into-us " Tuesday 16 April 2019 3:55pm Electronics manufacturer Discoverie looks to break into US market with acquisition London listed electronics manufacturer Discoverie has made its first move into the United States with the £14.8m buyout of US parts maker Hobart. The parts supplier for electronic devices announced the acquisition alongside the buy of another firm in the UK, as well as a £29m fundraising round via a share placing. Discoverie makes parts for renewable energy, transportation, medical equipment and industrial wireless connections. Hobart makes custom transformers, inductors and magnetic components. The acquisition marks the small cap listed firm’s first inroads into the US market. Discoverie chief executive Nick Jefferies told City A.M.: “They have a customer base that is almost entirely in the USA. That brings us revenue and opportunity to sell more in the US market. “Allied to that, they have manufacturing in Mexico, which enables us to make products on the continent in the Americas rather than making it in India or China which we currently do, and shipping it all around the world. It makes a more efficient supply chain for us.” Jefferies added the £29m placing would help fund future acquisitions. He said: “We’re looking for more businesses that are based in central western Europe, but increasingly in North America, that design niche, custom electronic components that can be sold into growth applications which are used worldwide. So watch this space.”
rivaldo
16/4/2019
16:16
Newswire report... "Electronics company discoverIE's acquisitions of Positek and Hobart will fit well with its current product offering and will extend its reach to new markets, says Guy Hewett of finnCap, adding that they are confirmation that its growth strategy is moving along well. These will improve margins and strengthen organic opportunities for the company in target markets, says Hewett. "The acquisitions offer complementary products that build on the group's existing magnetics and sensor products, expand the geographic footprint--with 80% of acquired sales in the U.S.," he adds. The brokerage has a target price of 488 pence on the stock."
rivaldo
16/4/2019
09:10
Finncap retain their 488p valuation. They haven't yet included today's acquisitions in their forecasts, but state: "With prospects enhanced by these acquisitions and debt reducing, the risk/reward has further improved and we expect the valuation discount (me - to sector peers) to close." With current year forecasts at 29.2p EPS, with a 10.1p dividend, DSCV looks pretty good value at current levels.
rivaldo
16/4/2019
07:23
Surprise! The year end update was evidently brought forward due to today's acquisition news..... Excellent trading update, summed up by: "Trading in the fourth quarter continued strongly and the Group expects to deliver full year earnings in line with the Board's expectations." Plus good cash generation with better than expected debt. And we have an institutional placing at 400p to help with two more nicely profitable acquisitions. A very good price considering where the share price fell to only recently. And I suspect the acquisitions will be earnings-enhancing more quickly than next year given the various synergies which DSCV have already proved they can achieve.
rivaldo
15/4/2019
16:41
Maunday Thursday - The Last Supper!!!!
eggbaconandbubble
15/4/2019
15:52
Thursday to be precise..... Https://www.discoverieplc.com/investors/financial-calendar
rivaldo
15/4/2019
11:32
Trading update due about now. Innit?
eggbaconandbubble
14/2/2019
15:18
tipped/listed as a 'Great Idea' in today's Shares Mag. GLA.
mfhmfh
11/2/2019
14:40
Peel Hunt today reiterates buy rating and 500p target price.
mfhmfh
11/2/2019
07:21
Cheers mfhmfh - to give the Mail credit, they caught on to the transformation here faster than most. Nice summary and tip. Here's the conclusion: "Customers include multinationals such as Siemens, Rolls-Royce and Airbus, as well as hundreds of smaller companies. No single client accounts for more than 4 per cent of turnover – which again makes DiscoverIE a more robust business than it was before. The company has grown both organically and through a series of acquisitions. Jefferies has bought 13 businesses in the past decade and now aims to buy about two a year, always looking for high quality, well managed firms producing niche electronic components. Brokers expect a 10 per cent increase in turnover to £428million for the year to March 31, 2019, with profits rising 27 per cent to £27.7million. A dividend of 9.5p is pencilled in, up from 9p last year. Midas verdict: DiscoverIE has soared in value during Jefferies’ stewardship and investors have benefited. But there should be more to come. At £4.07, the shares remain attractive."
rivaldo
10/2/2019
14:20
https://www.thisismoney.co.uk/money/investing/article-6686469/MIDAS-SHARE-TIPS-UPDATE-Electronics-firm-DiscoverIE-tipped-plugs-profit-rise-75.html
mfhmfh
01/2/2019
10:36
New report from Edison (which fails to emphasise that further earnings-enhancing acquisitions are likely): Https://www.edisoninvestmentresearch.com/research/report/discoverie-group427953/preview/ "Valuation: Strong trading supports upside For FY19e, the stock is trading on an EV/EBITDA of 9.6x (at an 11% discount to its peer group) and at a 2% discount on a P/E basis. With continuing growth and higher margins, further progress in increasing the weighting of business towards D&M (including accretive acquisitions), combined with good control over the profitability of the CS business, should help to close the valuation gap further. The stock is also supported by a dividend yield of more than 2%."
rivaldo
31/1/2019
12:05
That was exciting :o)) Lift-off....
rivaldo
31/1/2019
10:44
great trading update today - nothing to complain about. looking for the share price to return to at least previous 450p peak. All IMHO.
mfhmfh
31/1/2019
10:08
Volumes are down to 250,000 buys yesterday and 250,000 sells today. 10p profit. Not bad if you can do that every day with a bit of advanced knowledge!
eggbaconandbubble
31/1/2019
09:31
Maybe things are changing in that respect - decent volumes already. Peel Hunt have today reiterated their Buy and 500p target, whilst Finncap have a 488p target.
rivaldo
31/1/2019
08:11
Still not on the radar!
eggbaconandbubble
30/1/2019
14:22
hopefully those 'large buys' have timed it right.
mfhmfh
30/1/2019
12:13
Large 'buys' before Trading Update!
eggbaconandbubble
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
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