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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
  -18.00 -2.56% 684.00 686.00 688.00 709.00 685.00 707.00 167,212 16:35:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 379.2 17.1 27.1 25.2 653

Discoverie Share Discussion Threads

Showing 101 to 122 of 400 messages
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That' ll do :)
full-year results tomorrow.
Discovery Group (DSCV) Earnings-Reaction to Keep an Eye
Peel Hunt today reiterate their Buy and 470p target: Http://
More new highs - after a very nice almost £2.3m of buys just now at 445p.
For the record, SCSW updated on DSCV briefly as follows in its May issue 9 days ago: "DiscoverIE (Sharewatch) I haven’t updated on Acal since its name change to DiscoverIE but clearly the new name has sparked interest in the shares, which are now flying high. The year to end March has seen good growth in year-on-year profitability. Finncap forecasts sales to have grown 16% to £394m (c.+6% organically) whilst pretax profits are up a third at £22.9m. Orders for the full year grew organically by 5% and the order book finished the year 12% higher. The swing factor continues to be the Design & Manufacturing side, which generates c.75% of the group’s profits and generated organic sales growth of +11% in FY18. Since our last update, DiscoverIE has strengthened its position in the wind power, solar power and transportation end markets with the acquisition of Santon, a designer and manufacturer of patented direct current switches. This also increased international sales, notably taking its sales in China to 13%. An initial £22.8m cash and £0.9m shares was paid with up to £19.9m based on future performance. On the Custom Supply side, sales were flat organically although this largely reflected a very strong prior year. Profits, however, benefited from improved efficiency. Finncap forecasts eps of 27.3p this year with 28.5p next. First mentioned at 215p in August ‘14, it’s good to see the shares finally break higher."
Cracking performance of late.....
More new highs.
New highs, with late buying on Friday at 435p. This is imo one to hold, sit back, relax, and watch it continue to re-rate as the market wakes up to its transformation.
Good news: Https:// "Acal BFi signs gas-monitor firm Cubic Acal BFi has teamed up with Chinese gas-monitor manufacturer Wuhan Cubic Optoelectronics Co. Cubic specialises in non-dispersive infrared (NDIR) CO2 sensors, laser particle dust sensors, and indoor and outdoor quality gas-sensor modules. According to the distributor, the aim is to tap into the air-quality-monitoring market which has been forecast to be worth an estimated $5.6bn. The supplier has ISO9001 and IATF16949 (automotive) accredited design and production facilities. Acal BFi will be Cubic’s sole European technical partner. Martin Kemp, business development director at Acal BFi, writes: ❝ “With a portfolio of leading gas-sensing and wireless technologies, and the complete design support to develop custom designs, Acal BFi are now a leading partner for customers in the air-quality-monitoring market.” Dr. Youhui Xiong, founder and president of Cubic, adds: ❝ “Acal BFi are absolutely aligned with this approach, providing customers with technical support and expertise. This enables them to take advantage of our innovative, patented technology in their designs.”
New Edison report out today - trading at a 10% discount to its peer group average: Http:// "discoverIE saw continued strong trading in Q418 and expects to report revenue growth of 15% for FY18 and earnings in line with management expectations. Design & Manufacturing (D&M) delivered further strong organic growth in the final quarter, and the group has a strong order book entering FY19, bolstered by the recent Stanton acquisition. The company is making good progress in its strategy to build the D&M side of the business and we continue to expect further acquisitions in this space."
Tipped here as an "exciting small cap": Https:// "Discoverie Formerly known as ACAL, £301m market cap Discoverie(LSE: DSCV) designs, manufactures and distributes customised electronic products and solutions to businesses across a range of industries. Since I last covered the stock in mid-October, it has risen over 20%. In a year, it's surged over 60%. The trend here is clearly up. Are there more gains to come? A trading update released today sounds good, in my view, even if the stock has fallen a few percent this morning. The group advised that, since its last update on 31 January, trading has continued well, with full-year earnings likely to be in line with management expectations, reflecting "strong growth in year-on-year profitability." Group sales for the year ending 31 March increased 11% on a constant currency basis, including organic growth of 6%. The Design & Manufacturing division, which generates around 75% of the group's profits, enjoyed organic sales growth of 11% for the year. The firm advised that group gross margin "continues to strengthen," and that the order book at 31 March was at a record £122m, 12% higher than last year. Despite the rise in the share price over the last year, Discoverie's valuation remains attractive. City analysts expect the group to generate earnings of 24.9p per share this year, which places the stock on a forward-looking P/E ratio of 16.3. A P/E to growth ratio (PEG) of 1.4 suggests that's a fair price to pay for the growth being generated. Furthermore, a prospective dividend yield of just over 2% adds weight to the investment case. I rate Discoverie as a 'buy' at current levels."
Peel Hunt retain their Buy and 470p target, whilst Finncap retain their 456p target. There should be short-term value here as well as medium and long-term, as DSCV have repeatedly stated they intend to continue making acquisitions which will drive up earnings.
Good news on the margins. This follows on from their capital days presentation. Will provide medium to long term value here.
Reads well as usual........
Very encouraging in-line trading update, particularly the continuing strength in D&M (75% of profits) and the record order books, 12% higher than last year. Gross margins are higher again, and acquisitions are bedding in nicely: Https://
Early vol and trading update tomorrow......
DSCV's involvement in the IOT (Internet Of Things) steps up a gear: Https:// "Acal BFi selected as the first European technical partner to bring cutting-edge Airoha (MediaTek Group Company) technology to the IoT sector Airoha Technology Corporation (Airoha), the dedicated, fully owned, IoT solutions subsidiary of leading global technology company MediaTek, have selected Acal BFi, the European leader in advanced technology solutions, as the first regional technical partner to bring their systems-on-chip (SoC) solutions to the IoT sector. The new agreement provides customers in Europe with access to Airoha’s tightly integrated, power-efficient SoC solutions – including Bluetooth low energy, Wi-Fi and location (GNSS) – with integration support from Acal BFi’s Airoha-trained Field Application Engineers.... ....Best-in-class connectivity from Airoha Some of the biggest product manufacturers and OEMs in the world use Airoha’s technology to bring hundreds of millions of wireless-enabled products to the market every year. Their high-volume, cost-effective, compact solutions are behind an entirely new generation of devices, including wearable and fitness accessories, home automation, connected appliances and asset tracking. Part of the MediaTek group of companies, Airoha continuously innovates their SoC solutions to deliver greater processing power and increased efficiency in ever more compact sizes at the cost points required for mass-market production. “Driving an explosion of connected products, the IoT sector can now also benefit from Airoha’s technology” Diego Sala, Business Development Director, Acal BFi, commented: “We are delighted to bring this level of technology to the IoT market. Airoha’s world-class technology is driving an explosion of connected products, and now the IoT sector can also benefit from the competitive advantage SoC solutions provide. We look forward to helping our customers create ground-breaking IoT solutions with best-in-class performance.” Yuchuan Yang, Senior VP, Airoha, added: “Today, European operations have been strengthened considerably with our new, deeper engagement with Acal BFi. They are our major design partner in Europe, providing customers with complete, one-to-one support across their entire technology portfolio. This expertise and collaborative approach were key factors in our decision to partner with Acal BFi, and which are essential for the IoT sector to benefit from our SoC technology.”
New highs now.
Peel Hunt reiterate their Buy and 470p target: Http://
Oddest shares sales I've seen. 800+ shares over 10 buys.
Since I bought this only 9 months or so ago the share price has risen 70%, and imo there could be another 70%-100% to come assuming stable markets. But tell that to the hordes chasing resource stock and penny share dreams and they'd probably just refuse to consider it. Incidentally, I feel GMAA and SCH are now in a similar largely undiscovered position to where DSCV was. Ramp over :o)) Good coverage for DSCV here: Http :// "City brokers repeat bullish views on discoverIE Group following recent Capital Markets Day 15:52 19 Mar 2018 Two city brokers reiterated their bullish views on discoverIE Group PLC (LON:DSCV) following the customised electronics supplier’s recent Capital Markets Day. Numis Securities reiterated an ‘add’ rating and 455p price target and its analysts said the event “left us feeling confident about the Group's runway for further growth”. In a note to clients, they added: “The key focus of the event was on giving a greater understanding of the product range, particularly within Design & Manufacturing (D&M).” The analysts said the firm – formerly known as Acal PLC - also provided some further detail on M&A plans, noting that discoverIE’s management reiterated their target for a 15% pre-tax return on investments (ROI) from acquisitions within two years. They concluded: “Despite the re-rating over the last year, we believe that a favourable market backdrop, combined with the potential for further value-enhancing M&A, means that there is further for the stock to run.” Peel Hunt repeats ‘buy’ and 470p target Meanwhile, analysts at Peel Hunt also commented on discoverIE’s Capital Markets Day pointing out that the event “was very well attended and gave a clear account of the business, the long-term strategy, successful execution so far and the huge scope for further growth.” The Peel Hunt analysts said: “With no new financial or trading information we leave our numbers unchanged, but reiterate our 470p target price and Buy recommendation.̶1;
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