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Share Name Share Symbol Market Type Share ISIN Share Description
Elec.Data Proc. LSE:EDP London Ordinary Share GB0003101523 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% 90.50 86.00 95.00 0.00 0.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 5.1 0.4 3.1 29.1 11

Electronic Data Processing Share Discussion Threads

Showing 301 to 323 of 375 messages
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
DateSubjectAuthorDiscuss
26/1/2014
18:43
Actually looks a pretty sound balance sheet with no net debt and a diverse range of customers. Nice to see you here sbob. You timed your exit of Braemar Seascope well. I exited on results and it is sub 500p now I think. I am looking to get back in at 450pish there if it falls that far. I will certainly be keeping an eye on EDP. Looks interesting although I am presently looking for oversold stocks which will rebound and I don't think EDP falls into that category.
mach100
26/1/2014
18:30
Good I can be the first to post at last. What is this company all about? Do you know, Mach? No, not a clue. Name sounds good and the chart looks like a staircase.
mach100
15/1/2014
14:42
bit of action at last recognising the value on offer
feedthegoat
23/12/2013
13:45
I would be hesitant subtracting all of the cash from the Mkt Cap to get an EV figure. There is £2m of deferred income (upfront customer payments) on the balance sheet, which could theoretically be handed back by EDP to clients. There is also a £1m pension deficit that may one day absorb a material lump sum from the cash pile. My EV would be cash plus surplus property less deferred income less pension deficit. I looked at EDP this time last year and again today here: http://boards.fool.co.uk/nfsc-2013-edp-electronic-data-processing-12711789.aspx?sort=whole Not quite a rating of 2, but 8.3 is not bad. Needs some top-line growth now to re-rate. Happy to hold in the meantime!
tmfmayn
17/12/2013
22:01
Yes, pretty steady results. Be nice to see some real top-line growth and expansion here as the core business is pretty robust. Happy to hold.
topvest
17/12/2013
13:10
You're right gunner. Apologies EI - I should read it more carefully too. Adding a comma might have helped! So R&D of 940k of which 822k is expensed in the income statement and 118k capitalised. Anyway, including the 1.4mm sale proceeds of one property (but ignoring the second property that is now being marketed) gives net cash of 7.1mm. I calculate their free cash flow as 875k giving an EV/FCF of just over 2. Makes them the cheapest stock I can find on the market using the EV/FCF measure. Or course, realising value depends on them giving us back some of the cash but the 5p special divi this year is a good sign that they're happy to do it.
wjccghcc
17/12/2013
13:02
WJCCGHCC I think that line from the RNS is a little ambiguous and that £940k is the R & D figure. However only £118k of this was capitalised: "Our total R&D expenditure increased to £940,000 (2012: £914,000) of which £118,000 was capitalised as required by IAS 38. The remainder has been expensed in the income statement."
gunner_ni
17/12/2013
12:34
Right, clearly I should have read rather than glanced. This is the first share I bought, back in 1992 from memory, I was still a teenager at the time - the market cap was similar to Sage back then.
essentialinvestor
17/12/2013
11:29
Actually, that 940k is their cash operating costs + R&D. " .. our day-to-day cash operating costs including product R&D which increased to GBP940,000 from GBP914,000 during the year."
wjccghcc
17/12/2013
10:26
Apologies, it was the R&D figure of £940,000k that I looked at.
essentialinvestor
17/12/2013
10:10
Huh? Cashflow statement shows 235k capex on tangibles and 6k on intangibles. Where do you get 1mm from?
wjccghcc
17/12/2013
09:41
Edit Total director pay in the context of the pre tax also stands out IMV.
essentialinvestor
17/12/2013
09:28
These are dirt cheap IMO, give it a year and the market cap will be almost all cash with the profitable business thrown in for free. There are some value funds on the register now so we might see some action here.
arthur_lame_stocks
17/12/2013
08:58
If you add in the 2 properties (1 sold, 1 for sale), they have net cash of 7.4mm vs mkt cap of 9mm. Hopefully should get another large special dividend next year as well.
wjccghcc
30/5/2013
20:10
Yes, the underlying business is at least holding it's own in a difficult market. They could do with putting their cash to some use by buying a new product or something to grow the top-line.
topvest
30/5/2013
16:27
I have held these for years so today's news is pretty good. If they can afford to pay a special divi that suggests that the regular divi is safely covered so definitely a hold for me. I suspect that the shares may be tightly held, but they might sell out one day for a nice little premium.
richjp
30/5/2013
11:09
Yes, looking good here.
topvest
30/5/2013
10:38
A very healthy special dividend ( not for the first time since I have held these ) The building sector should improve from here. Government directives on new housing will ensure this.
roddiemac2
21/5/2013
11:35
feedthegoat I have held for a similar period, and last added in September 2011.I did sell during the dot com. bubble, and bought back later. with that exception, the share price performance has been unexciting, but dividends have more than made up for that. This is a carefully run business with piles of cash. They may well make an acquisition at some stage.
roddiemac2
21/5/2013
10:56
thanks good spot,hoping for a bit of action after 20 years plus holding
feedthegoat
20/5/2013
23:03
feedthegoat Since Herald Investment held 13.81%, I think we can assume that Boyles Asset Management have bought Herald`s holding . Boyles Asset Mnt. --see below Welcome to Boyles Asset Management, and thank you for your interest. Our fund was launched in May 2013 and is inspired by the Buffett Partnerships of the 1950s and 1960s. We believe in pay for performance, and have structured our fund so that incentive fees are dependent on strong and enduring performance for our investors. Our philosophy is deeply rooted in value investing and it is complemented by a patient, long-term mindset and investment process. Our investment mandate is broad, though we operate with a particular focus on the equity of small and micro-capitalization companies. We participate in markets both in the United States and in select international territories. We look for investors that appreciate our approach and share a similar belief in the appropriateness of a long-term focus. See also boylesasset.com
roddiemac2
20/5/2013
12:31
13.81% BOLES ASSET MANAGEMENT what's going on here?any thoughts
feedthegoat
21/12/2012
15:30
EssentialInvestor "Nick, if you are still around " Yes, EDP shares are like my arms and legs, i've had them since I can remember! lol Still holding these.
nick rubens
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
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