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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Equals Group Plc | LSE:EQLS | London | Ordinary Share | GB00BLS0XX25 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 127.00 | 22,796 | 08:38:30 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 126.00 | 128.00 | 127.25 | 126.50 | 127.25 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 69.68M | 3.24M | 0.0174 | 72.70 | 234.95M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 09:00:07 | UT | 15,000 | 127.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 25/4/2024 | 08:00 | UK RNS | Canaccord Genuity Limited Form 8.5 (EPT/RI) |
| 24/4/2024 | 13:13 | UKREG | Stellar Asset Management Ltd - Form 8.3 - Equals Group Plc |
| 24/4/2024 | 12:59 | UK RNS | Canaccord Genuity Limited Form 8.5 (EPT/RI) |
| 24/4/2024 | 11:57 | UK RNS | JPMorgan Asset Management Form 8.3 - [Equals Group plc] |
| 24/4/2024 | 11:49 | UK RNS | GoldmanSachs International Form 8.5 (EPT/RI) - EQUALS GROUP |
| 23/4/2024 | 12:21 | UK RNS | JPMorgan Asset Management Form 8.3 - Equals Group plc |
| 23/4/2024 | 11:31 | UK RNS | GoldmanSachs International Form 8.5 (EPT/RI) - Equals group PLC |
| 23/4/2024 | 10:16 | UKREG | Stellar Asset Management Ltd - Form 8.3 - Equals Group Plc |
| 23/4/2024 | 10:04 | UK RNS | Canaccord Genuity Limited Form 8.5 (EPT/RI) |
| 22/4/2024 | 14:57 | UK RNS | Schroders PLC Form 8.3 - Equals Group PLC |
Equals (EQLS) Share Charts1 Year Equals Chart |
|
1 Month Equals Chart |
Intraday Equals Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 25/4/2024 | 08:35 | Equals Group: e-banking and payments group | 3,272 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 08:00:07 | 127.00 | 15,000 | 19,050.00 | UT |
| 07:41:32 | 127.00 | 5,000 | 6,350.00 | O |
| 07:31:37 | 126.10 | 796 | 1,003.76 | O |
| 07:04:46 | 127.01 | 2,000 | 2,540.20 | O |
| 2024-04-24 15:35:03 | 127.00 | 2,297 | 2,917.19 | UT |
| Top Posts |
|---|
Posted at 25/4/2024 09:20 by Equals Daily Update Equals Group Plc is listed in the Finance Services sector of the London Stock Exchange with ticker EQLS. The last closing price for Equals was 127p.Equals currently has 185,731,589 shares in issue. The market capitalisation of Equals is £234,950,460. Equals has a price to earnings ratio (PE ratio) of 72.70. This morning EQLS shares opened at 127.25p |
Posted at 03/4/2024 15:35 by carcosa Given the length of negotiating time I would anticipate take out price would be north of 200p.Indeed to quote from the last Zeus Broker note.. "In November 2023, the Board initiated a strategic review. We see organic growth and bolt-on acquisitions justifying a value of 3x to 4x 2024E sales (i.e. £330m to £440m enterprise value; equity value of £293m to £403m, which is 157p to 216p a share). Private Equity, which could accelerate the M&A, should see value over 200p a share. If Equals maintains revenue growth of 20%+, which we expect, its share price should double over the next 3 years". |
Posted at 10/3/2024 06:32 by carcosa ashleyjv,Yes you are correct in terms of them having access to the financial data but it is not until they are signed and dated that they become a useful legal document for Madison Dearborn Capital. It is highly unlikely that Madison Dearborn Capital would ever want to trade the shares. It would not be in their interests to do so. Equals Group are likely to be taken over via a scheme of arrangement which is not considered trading. While there might be an exchange of shares or assets, it's a more structured process than typical stock exchange trading. A scheme of arrangement is like a pre-negotiated agreement with specific terms. pyemckay: I agree but nevertheless many retail holders would bail out at whatever the prevailing price is and market makers would also reduce the price, should the deal not go ahead; so a 10-15% fall in the share price is possible in my view, although some months later I would anticipate a healthy recovery. Whilst the last trading update was 'in-line' (a tad disappointing) I would hope some other aspect of the business results would be very positive and a lot may hang on the company's outlook. Not so long to wait now. |
Posted at 09/3/2024 06:40 by carcosa Extracts from some prior posts of mine:9 Dec 23: "Share price action is (in my opinion) likely to drift down in the new year offering investors the ability to acquire shares at a cheaper price for a bigger reward over and above the suggested implied target of 175p. Patience is required." (Share price has declined some 11% YTD) 26 Dec 23: "Getting the Legal situation between USA, UK and Europe to a satisfactory place to commit to a bid for Equals would be time-consuming and potentially complex involving a number of outside agencies" 24 Jan 24: "...I suggested it would be around March time before we get an offer announced, but I would not be surprised if it takes even longer" Now that we have the FY 23 results, due on 15 April 2024, I suspect that is a potentially likely co-incidental date for the take-over to be announced. The reason for this could be legally based as once those results are officially released it offers the acquirer legal protection. For example, the financial statements made by the Equals regarding the financial health, legal compliance, licenses and intellectual property ownership would allow Madison Dearborn Capital Partners to seek compensation and hold the officers to potential criminal proceedings should they find misrepresentations or undisclosed liabilities upon taking over the company. Meanwhile the share price is likely to continue leaking away but given its near the pre-approach price the downside appears limited but inevitably shareholders get bored and leave to seek perceived better opportunities. For those (like me) who believe a positive outcome is more likely than not then end March, early April seems a likely golden opportunity to add to their shareholdings. |
Posted at 06/3/2024 10:02 by mcl1 Nothing makes sense about the current share price. EQLS is only about 5p higher than the day before S-T spoke about the review. In that time the S&P is up 20% and the FTSE 5%. So at best they've tracked the FTSE.Surely if there's a genuinely interested party, rather than it be just a fishing exercise, they would have sat on the bid mopping up the shares that have been offered, rather than pay a presumed sizable premium. The sooner there is some clarity the better. |
Posted at 27/2/2024 10:56 by daveme If MDB pull out of a deal then I can see the shares spiking down to 101/102 but recovering quickly to 105/106. I can then see the shares going up over the following weeks as the market realises the opportunity the company has ahead of it with its expansion into Europe.MDB will only pull out of a deal if Equals management set their price too high for MDB to accept. If Equals management believe the company is worth X then I'm quite happy to go along with their valuation. Remember the share price was around 100p when the 'strategic review' was announced, having previously spiked to 120p on its previous trading update/results, hence the current share price doesn't factored anything in for a potential bid! |
Posted at 13/12/2023 13:56 by ltinvest Whatever the reason for the share price bump today is good for me. Could be bid speculation or with results less than a month away and Christmas and new years coming up maybe some people buying up a position early now as lots of people have time off this time of year or just share price going to where it should be as hit around 120p last results release from memory. Guess we will never know but happy to be along for the ride. |
Posted at 20/11/2023 12:09 by big7ime red, why put the for sale sign up? I must say being in this game for many decades, I am a little concerned. Directors these days aren’t interested in their shareholders. You know what I mean. Why do they want out? Why did Agfx dirs quit? It’s could all be related, similar businesses.If things are so good, which on the face of it do look so, why waste time and money on this exercise? If the next and subsequent TU/results are good, The share price will look after itself. Had they been approached with a silly offer? red, you will know the answer to this q, do they have to put any offer to their shareholders or just ones they agree to? Mars are paying 170% premium for Hotc, was that because they needed the dirs on board as they held such high % of the co. Why hasn’t the share price responded? Dirs here don’t hold a high % so that could be reason. Why wouldn’t they want to confinue with big option awards etc until they are overvalued I haven’t sold any but have squeaky pants Confused from Coventry as you would say |
Posted at 04/11/2023 10:11 by daveme I'd rather the company is not bought out, unless an exceptionally generous bid is received of course. This company is going places with its expansion into Europe and I can easily see it at 300p in a couple of years.Admittedly if no acceptable bid is received the share price will drop but unlikely to be by much since the share price hasn't risen much since the 'strategic review' announcement. In fact the share price had already fallen from its boost after the last trading statement. Any drop to 100p or less will be a great opportunity to buy hence I can't see it being at that level for long. If Brummy is right and small caps are at their low point then the only way is up! |
Posted at 16/7/2023 21:44 by clive7878 Equals recommended as a buy in the IC again this week.Their EQLS share price forecasts range from GBX 150 to GBX 164. On average, they expect the company's share price to reach GBX 157 in the next twelve months. Hargreaves Lansdown says pe is 28, but £180m capitalisation and £3.24m profit = 28 ? SP seems very highly rated to go up another 50%, although growth rating is said on Simplywall to be .35%. Is the IC telling the whole story, or missing points out. |
Posted at 30/5/2023 05:46 by carcosa Technically you may be correct about IC not highlighting Pros and Cons in the last article but if you follow the links then you will find Equals was first mentioned by IC in 8 April 2022 when the share price was 77p, including the following one and a half pages of investment risks, the headlines of which are:Data integrity and security Fraud Banking arrangements and relationships Significant competition Operational liquidity Liquidity Failure of key suppliers risks impacting performance Earn Outs Further they highlighted three bear points: 1. Global payments markets highly competitive 2. Execution risk on expansion 3. Ongoing investment in technology Since then there have been eight follow up articles, the lastest being May 22, 2023 (the article I assume you are referring to) with progressively higher share price targets. Simply Wall Street is predominantly an automated output website. Their platform uses algorithms and data automation to generate reports, analysis, and visualisations of stock market data with limited human input and oversight. In practice, and especially outside the US, it is next to useless for investors as context is everything which is severely lacking SWS. As such I recommend webpage extensions such as 'uBlacklist' to block Simply Wall Street in Google search results. "Seems a lot of hot air in the share price at present." I would agree with that sentiment but perhaps phrase it differently. On a side by side basis something like AGFX looks better but EQLS can be viewed as having a better opportunity for medium term revenue and profit growth and the share price reflects that. |
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