Empresaria Share Discussion Threads

[bazzer1000] 02/3/2016 18:05

Hi GrahamMarket seems to be very hard on staffing companies at the moment. Check out Interquest they are even cheaper, 2016 PE of 6.6! Maybe this is an opportunity in this sector.Baz

[graham1ty] 02/3/2016 18:00

On 3 Sept at the interims the Board announced that results would be ahead of expectations.

On 21 Jan the Board announced that results would be even higher than those revised expectations.

On 3rd Sept, it closed at 80p. On 21 Jan it closed at 87p.

Despite two upgrades, and delivering really good growth, the share price is hardly higher than six months ago.

[battlebus2] 02/3/2016 17:41

I don't get all this talk of the next downturn. As of today these are still a great buy.

[bazzer1000] 02/3/2016 17:39

Evening all.What's a 'debt to debtors' ratio?CheersBaz

[nehpets81] 02/3/2016 15:41

I couldn't agree more with harrogate's post. The debt might look fine now that their markets are fairly buoyant but it won't look so good come the next downturn given their weighting towards industrial recruitment.

[daneswooddynamo] 02/3/2016 10:29

the US acquisition has potential to improve the rating imo due to the counter cyclical/structural growth characteristics

the two large non-exec/individual shareholders are presumably still lightening here but at least they are being absorbed, perhaps by the newish shareholders who participated in the placing as part of the US acquisition

[grindertraderuk] 02/3/2016 10:28

I am ok (now) with the debt figure, since cash flow is strong. It is always a fine balance between divi's and paying down debt, to keep investors interested.

[harrogate] 02/3/2016 10:04

They are pretty much as flagged and to be honest I would prefer they paid down debt than increased the dividend. There do seem to be a few decent sized sellers as this is at 90p- £1 and we might need to see them cleared. Will be interesting to see if the numbers for 2016 move - if they go up that would get us back some momentum. With the debt I am not sure a PE much higher than 10 is warranted -

[grindertraderuk] 02/3/2016 09:58

Excellent positive results.

Next debt almost 1:1 with Pre-Tax profits.
PE around 10x
Basic Free Cash Flow almost in line with Earnings Per Share, and divi safely covered.

Hopefully markets will respond.

[asturius101] 02/3/2016 08:03

Great results - up over 46% since I first invested here

[jeff h] 02/3/2016 07:55

At last a move to a progressive dividend policy great stuff.

[shanklin] 02/3/2016 07:43

Certainly pleased I bought a few more late yesterday.

[santangello] 02/3/2016 07:38

Stunning performance, reassuring going forward too.

[graham1ty] 02/3/2016 07:30

Results look pretty positive. Beat forecasts, net debt down, dividend up, "exciting prospects". They say the US acquisition ( the first for a while) has bedded in.

Overall pretty good. 9.9p adjusted eps puts them on 8.5x which seems a bit stingy

[shanklin] 02/3/2016 07:26

The Board has reviewed the dividend in the light of the positive trading result, stronger balance sheet and reduction in total debt. The Board intends to follow a progressive dividend policy in line with trading performance and for the year ended 31 December 2015 the Board has proposed a final dividend of 1.0p per share (2014: 0.7p per share) which, if approved by shareholders at the Annual General Meeting, will be paid on 31 May 2016 to shareholders on the register on 9 May 2016.

9 May is a Monday so presumably this date is incorrect,

[shanklin] 01/3/2016 16:16

Thank you for the reminder. Have added a few.

[essential] 01/3/2016 15:31

Really quiet on the BB and with the price ahead of tomorrow...

[qs99] 26/2/2016 13:50

anyone also in PNA? continuing its rise...looking forward to next week on EMR as well

[santangello] 26/2/2016 13:28

Apologies, Wednesdays announcement.....doh.

[santangello] 26/2/2016 13:26

I expected buyers ahead of Tuesdays announcement ?

[dlku] 22/2/2016 20:58

100p by 2 March - lovely

[dlku] 22/2/2016 20:58

100p by 2 March - lovely

[santangello] 22/2/2016 12:12

Pulling away nicely, breaking out from the (twice tested) recent support level.

VERY encouraging, and buyers appearing with more frequency pre 2 March.

Best indicator of MMs shrewdness, and anticipation of a price move upwards is my attempt to buy a reasonable size again today....taken to market, and quoted 3.5p over the displayed offer........lovely. Good job I have so many, and I am happy to add at NMS.