Ekf Diagnostics Share Discussion Threads

[interstellar] 07/11/2016 12:55

Recent pound weakness post Brexit will be helping the figures as well. A bit of luck perhaps

[andrewbaker] 07/11/2016 11:42

Further to my post 1153 on 5th. October, I'm very pleased that the expected re-rating has come as soon as it has. Here's to the future ... :)

[hamidahamida] 07/11/2016 08:17

Business is booming that they had to revise expectations after 4 weeks again and all the growth is organic. Brilliant

[hamidahamida] 07/11/2016 08:16

NS Number : 4295OEKF Diagnostics Holdings PLC07 November 2016EKF Diagnostics Holdings plc("EKF", the "Company")Trading updateEKF Diagnostics Holdings plc (AIM: EKF), the AIM listed point-of-care business, announces that early trading in Q4 of the current financial year has again been materially higher than budget and at a run-rate in excess of already revised market forecasts, upgraded following the trading update provided on 7 October 2016.The Company now believes that it will achieve revenues of at least GBP36.5m and adjusted EBITDA for the year ending 31 December 2016 of at least GBP5.5m, therefore exceeding current market forecasts. The strong performance of the business is due to organic growth.In addition, the Company announces that cash generation continues to be strong and now expects to be close to breakeven if not cash positive by the year end, and then cash positive in the first quarter, again ahead of the board's previous expectations.

[hamidahamida] 07/11/2016 08:05

Wow that's a cracking update again

[twistednik] 10/10/2016 14:03

Still not sure how this business is worth £60m+ (even in a recovery phase). It feels like you are paying up for profits which may never materialise again... Even if it becomes cash positive, when will shareholders see REAL earnings?

Can anyone enlighten me?

[wan] 07/10/2016 07:21

Nice to see that this focused POC play is now yielding the benefits, with trading materially higher than budget and in excess of market forecasts.

[azalea] 05/10/2016 12:38

O.T. FWIW
Buffet made one of the biggest losses in his company's history US$444m, when he sold however many he did.had he done so today, he would have lost a great deal more. Morningstar data is not listing his company as a major holder today.

[andrewbaker] 05/10/2016 10:51

Buffet selling Tesco was his mistake: it's a turnaround situation now coming good. The 10%+ rise today is a good sign, to say the least. EKF, I agree, is a buy and hold for future returns; and the current price is a good entry point, IMHO.

[interstellar] 05/10/2016 09:59

Az. Sure. And Tesco is a case in point. Lots of people got a surprise when some of their hidden accounting practises came to light. It took a whistle blower to point them out. I'm just trying to point out that headline numbers when expressed in certain ways can be deceiving. The track record so far for EKF is not great despite much promise. Now they are meant to be on firmer ground with a clear sight of the goals (if not the end of the tunnel) but there is a notable absence of activity in the share price going north, or newsflow come to that, to underline these favourable expectations.

[azalea] 05/10/2016 09:27

For all Buffets skills, he admitted making a mistake investing in Tesco and sold at a loss. No one, not even the Sage gets it right all the time.

[wan] 05/10/2016 08:32

Buffet might not get to actually invest in companies if some investors did not back the companies that might go on be the types he then invests in.

EKF is a pure POC testing play now which should yield much improvement. It will probably never meet Buffets investment criteria............as it will likely be bought out long before that!

[interstellar] 04/10/2016 15:57

I'm no accountant but i posted the Buffet comments here because EKF always bangs on about EBITDA figures and its's a lesson for us all. Google defines "Earnings before interest, tax, depreciation and amortization (EBITDA) is a measure of a company's operating performance. Essentially, it's a way to evaluate a company's performance without having to factor in financing decisions, accounting decisions or tax environments"

If you're borrowing money you have to pay interest, if you're making profits you have to pay tax. If you're investing in R&D or plant and machinery (german production) then you will have to treat those investments with Depreciation and Amortization. EKF is doing all this in spades, You can be posting lovely EBITDA figures year on year but these other factors can screw you up. BEWARE

[azalea] 03/10/2016 12:05

So, which statistic/s can one trust, Ptx profits, revenues; if these are reported to have risen, would that not mean Eps must have also risen?

[nw99] 12/9/2016 07:06

the early indications from these first half results provides us with confidence in hitting the higher end of our performance targets for 2016 and delivering further growth of the business in 2017."

[babbler] 09/9/2016 11:16

See my posts on Lse this am.

[stupidboypike] 09/9/2016 10:48

Can anyone post a quick synopsis of the shares article? I'm too mean to subscribe!!

Best regards SBP

[tallprawn] 09/9/2016 10:21

Results expected to be at top end of projections, reasonable opportunity of being acquired here also.Definitely a hold for 20p+ imo. Good luck all for Monday.

[babbler] 09/9/2016 10:10

Results Monday. May get a spike then. What do you think? Worth holding? Looking at the buys yes... Upside more than down. Imo. See what price it is at 4.

[davr0s] 09/9/2016 10:08

And there she blows. Ask just risen 6%. Looks like MM run out of stock - if we get any more buying volume this could start to really motor IMO