Share Name Share Symbol Market Type Share ISIN Share Description
Discoverie Grp. 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
  -10.00p -2.55% 382.50p 382.00p 383.00p - - - 79,836 16:35:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services - - - - 271.34

Discoverie Grp. Share Discussion Threads

Showing 51 to 73 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
21/2/2018
08:46
FYI here's Finncap's investment summary from their 9/2/18 note which lifted their target price to 456p: "Successfully targeting structural growth markets CORP discoverIE announced last week it had strengthened its position in the renewable energy and transportation end markets with the acquisition of Santon, a designer and manufacturer of differentiated, patented direct current switches. An initial £22.8m cash and £0.9m shares has been paid with contingent consideration of up to £19.9m subject to growth targets. We have upgraded our FY 2019 EPS by 8% and our target price to 456p bringing our target P/E in line with peers. Differentiated and growing. discoverIE’s strategy is to build a highly differentiated, international electronics design and manufacturing group. Santon increases the group’s exposure to the structural growth in renewable energy and transportation, increases international sales (Group sales into Asia will rise from 8% to 13%) and builds on the positions in niche components for solar power and wind power. Investing for growth. Santon has been investing in automation and discoverIE will reimburse the vendor £2.2m for this and invest a further £2.2m to provide additional capacity for growth. Santon operating margins were 13.0% in 2016 and we expect an enhancement from both continued growth and the investment programme. Net debt/EBITDA within target range. At March 2018, using a full year proforma for Santon, we forecast net debt EBITDA of 1.7x, falling to 1.4x over the next two years comfortably within management’s target range of 1.5-2.0x. EPS upgraded 8%. As shown on p3 we have upgraded our FY 2019E EPS by 8% and 2020E by 7%. We have assumed £4m of earn-out is paid in each of these years for Santon. Target price raised to 456p (previously 405p). With discoverIE continuing to prove its strategy we have valued the shares on a par with peers Diploma, Laird, Trifast and XP Power (see table p3). We also highlight the recent appointment of Bruce Thompson, soon to retire as CEO of Diploma, as a Non-Executive."
rivaldo
09/2/2018
08:30
Nice - Finncap have today increased their price target to 456p (from 405p): Http://investing.thisismoney.co.uk/broker-views/
rivaldo
06/2/2018
16:56
Was tempted to add...........but.........zzzzzzzzzzz
soundbuy
06/2/2018
11:30
DSCV should bounce nicely along with the markets. Edison have issued a new note and have increased forecasts for the coming year by 9% to 24.6p EPS: Http://www.edisoninvestmentresearch.com/research/report/discoverie-group553367/preview/ "Valuation: Still trading at a discount On our revised forecasts, the stock is trading on an FY19e P/E of 15.3x, at a c 23% discount to the peer group average. Continued growth in the proportion of revenue generated from design and manufacturing should support operating margin expansion, and should help to reduce the valuation discount. The stock is also supported by a dividend yield of more than 2%."
rivaldo
05/2/2018
15:39
Hmmmm.......had better days.........zzzzzzzzz
soundbuy
02/2/2018
17:11
Why not? The quote had come down to 371/385 at 16 14.
sharw
02/2/2018
16:52
Wouldn't go by that closing auction...........
soundbuy
02/2/2018
15:34
Numis raise forecasts, and target price to 455p.... http ://www.proactiveinvestors.co.uk/companies/news/191066/numis-ups-target-price-for-discoverie-after-raising-estimates-following-recent-dutch-acquisition-191066.html "Numis ups target price for DiscoverIE after raising estimates following recent Dutch acquisition 11:13 02 Feb 2018 The City broker’s analysts upgraded their full-year 2019-2020 earnings per share forecasts for DiscoverIE by 7-8%, leading them to increase their share price target to 455p Numis Securities has upped its target price for DiscoverIE Group PLC (LON:DSCV) after raising estimates following the recent news of the £23.7mln acquisition of Santon, a designer and manufacturer of patented direct current switches. In a note to clients, Numis’s analysts said: “We view this as an attractive acquisition, significantly enhancing the Group's exposure to the structurally growing renewables (particularly solar) market, as well as boosting geographic diversification (particularly Asia).” The City broker’s analysts upgraded their full-year 2019-2020 earnings per share forecasts for the customised electronics supplier – formerly known as Acal PLC - by 7-8%, leading them to increase their share price target to 455p. With the shares currently trading at 395p each, the Numis analysts reiterated an ‘add’ recommendation on DiscoverIE. They concluded: “The shares now trade on a FY19E PE of 14.8x and EV/EBITA of 10.9x, which we view as undemanding given the cyclical and structural tailwinds to which DiscoverIE is exposed.”
rivaldo
01/2/2018
22:43
Cheers mfhmfh. Good to see still decent upside to those price targets. Happy to hold long-term as DSCV continues its transformation and the market wakes up to what's happening.
rivaldo
01/2/2018
16:57
'Peel Hunt today reaffirms its buy investment rating on Discoverie Group Plc Ord 5p (LON:DSCV) and raised its price target to 470p (from 450p).' 'Numis today downgrades its investment rating on Discoverie Group Plc Ord 5p (LON:DSCV) to add (from buy) and set its price target at 445p.'
mfhmfh
01/2/2018
08:24
A second positive RNS is worth the extra effort, and £25, for double the publicity.
this_is_me
01/2/2018
07:51
Aye, nice bolt on (could've stuck it on yesterday's RNS and saved £25......must have new PR crew in.. :)
soundbuy
01/2/2018
07:37
Nice sizeable acquisition today, earnings-enhancing for the coming year. And in high-margin D&M, plus in the growing renewables and transportation sectors. Good to see the founder staying with the business too: Http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/DSCV/13517244.html "Nick Jefferies, Group Chief Executive of discoverIE plc, said: "The acquisition of Santon continues our strategy of growing discoverIE into a highly differentiated, international electronics design and manufacturing group. With a long-established track record of producing high quality DC switches, Santon builds our position in niche components for solar power, a market that is set to grow significantly, and will create new opportunities in our other target markets such as transportation and medical."
rivaldo
31/1/2018
16:28
Peel Hunt today reiterates 450p target price. FinnCap today reiterates 405p target price.
mfhmfh
31/1/2018
08:09
Yes - looking good.
this_is_me
31/1/2018
07:36
That'll do........still a tad under the radar.......
soundbuy
31/1/2018
07:21
What an excellent Q3 trading update - trading continued "strongly", sales up 13%, orders up 4%, margins improving..... Http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/DSCV/13515338.html Plus a strong hint of action to come: "In line with its strategy to grow its higher margin Design & Manufacturing division, the Group has several acquisition opportunities in the pipeline and has debt funding resources available."
rivaldo
30/1/2018
16:08
Trading update tomorrow...
mfhmfh
30/1/2018
15:58
What according to ADVFN are big buys are in truth BIG SELLS
f1araway
26/1/2018
16:35
LAST 5 TRADES Time/Date Price Currency Volume Trade Value* 12:10:18 395.00 GBX 6,000 23,700.00 Off-book XLON 12:03:37 394.50 GBX 25,000 98,625.00 Off-book XOFF 12:03:24 394.50 GBX 24,779 97,753.16 Off-book XLON 11:30:55 394.00 GBX 10,000 39,400.00 Off-book XLON 11:30:46 394.00 GBX 10,000 39,400.00 Off-bookMaybe the result of the presentation yesterday.......
f1araway
26/1/2018
15:01
DSCV, IOM and PLP held all 3 since 2015..........virtually neck and neck....some journey
soundbuy
22/1/2018
11:28
The rather successful Amati UK Smaller Companies VCT have today issued their December 2017 newsletter. In it they note that they're now taken an initial position in DSCV. Which is nice.... Http://amatiglobal.com/documents/TB_Amati_UK_Smaller_Companies_Fund_Factsheet_B_Acc_Dec_2017.pdf "We added a position in DiscoverIE Group (formerly Acal), a manufacturer and distributor of electronic components. DiscoverIE is reporting a strong order book, driven by design wins including electronic vehicle charging components and medical equipment."
rivaldo
15/1/2018
18:59
Nothing - it's the spread. Nothing to see today
davr0s
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