Best thing the management can do is take it private .. imho |
It’s never been “expensiveR21;. However, unless they raise their profile, attend a few events, do presentations, tell the story, and interest potential new investors, they will always be cheap.
They are so far off most people’s radar that no one “knows the story” and no one is interested. Todays profit warning will not have helped. It is not “don’t touch with a barge pole”, more “why should I bother to look” |
It’s mkt cap to profitability is reasonably good though .. based on £7 mill profits . |
Well, if just investors, not doing too well……..
As far as I can see, not a share traded yet. |
Down usually … think that from trading update to trading update ,, I can smell BS..
Additionally , I question the managements decision to recently purchase 140000 shares at 62p as part of the share buy back plan , knowing things were not rosy . |
It’s very tightly held by investors not traders .. when it moves it’s very quick ! |
My case is made. Not a single comment, about anything, from anyone. |
Rarely have I come across a share that so few people care about. Complete silence, or ambivalence. |
Your welcome… more to come I suspect .. |
@gripfit, well done, you know how to pick a winner buddy. I'm going to keep hold of these for a while. Thank you. |
Their Offshore Services figures have probably saved them here. |
I like the reduction in debt … very much . |
Trading update is tomorrow (26th) |
That would be very nice. |
It’s undervalued … should be double this current price… |
There was a trading update on 27th 2022, bit of movement in last couple of days in anticipation of the update maybe?. |
https://www.empresaria.com/blog/2022/09/empresaria-group-plc-named-on-sias-2022-list-of-fastest-growing-us-staffing-firms?source=linkedin.com |
Need some director buys |
Cenkos- Empresaria (BUY, EMR.LN, 60.5p, Market Cap £30m) – We initiated on this specialist staffing business this week DOWNLOAD. Cognisant that near-term market sentiment remains cautious towards the recruitment sector, but would draw attention to the structural growth drivers, geographic and sector diversity of the business model and the uniqueness of its Offshore Services offering (which delivered 91% NFI growth in H1). We like the mix of the business, with a presence in the four largest staffing markets (US, Japan, UK and Germany) and its bias towards temp. The interim results saw both solid net fee income growth (+15%) and an improved balance sheet position, with adjusted net debt declining by £3.2m to £10.8m. It remains optimistic about the year ahead and expects profits for FY22E to be in line with expectations. In our view, the current valuation underestimates the overall resilience of the model and on a FY23E PE of sub 7x, the discount to peers looks too wide. |
I see that the Company did buy my shares. Of course they are really the only buyer. And they are not buying and cancelling but issuing under option schemes. So no EPS increase. Good luck everyone here. |
I sold all my remaining holding here this morning and was very surprised to be able to do it above quoted price. There must be a decent sized buyer around or maybe the Company is in the market again. Decent results but just think this might be close to best trading environment for recruitment for a while. |
Cheap @ £1 |
Mcap 30m, forecast 8m PBT, net Debt 10m in line, offshore going really well. Slight concerns with Germany and other countries?. Thought this would be higher as seems cheap? |