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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 |
Bid Price | Offer Price | High Price | Low Price | Open Price | |
---|---|---|---|---|---|
134.50 | 136.00 | 136.00 | 116.75 | 120.00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Finance Services | 95.71M | 7.75M | 0.0413 | 32.69 | 225.15M |
Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
---|---|---|---|---|
14:25:26 | O | 100,000 | 134.00 | GBX |
Date | Time | Source | Headline |
---|---|---|---|
11/12/2024 | 13:49 | ALNC | Equals Group agrees to GBP283 million takeover by Alakazam |
11/12/2024 | 12:18 | UK RNS | Equals Group PLC Rule 2.7 Announcement |
11/12/2024 | 11:15 | UKREG | Stellar Asset Management Ltd - Form 8.3 - Equals Group Plc |
11/12/2024 | 10:41 | UK RNS | Canaccord Genuity Limited Form 8.5 (EPT/RI) |
10/12/2024 | 11:07 | UK RNS | JPMorgan Asset Management Form 8.3 - Equals Group plc |
10/12/2024 | 09:31 | UK RNS | Canaccord Genuity Limited Form 8.5 (EPT/RI) |
09/12/2024 | 14:40 | UKREG | Stellar Asset Management Ltd - Form 8.3 - Equals Group Plc |
09/12/2024 | 11:22 | UK RNS | JPMorgan Asset Management Form 8.3 - [Equals Group plc] |
06/12/2024 | 09:59 | UK RNS | Canaccord Genuity Limited Form 8.5 (EPT/RI) |
05/12/2024 | 15:11 | UK RNS | Tavira Financial Limited Form 8.3 - EQUALS GROUP PLC |
Equals (EQLS) Share Charts1 Year Equals Chart |
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1 Month Equals Chart |
Intraday Equals Chart |
Date | Time | Title | Posts |
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11/12/2024 | 13:22 | Equals Group: e-banking and payments group | 4,050 |
Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
---|---|---|---|---|
14:25:57 | 134.00 | 100,000 | 134,000.00 | O |
14:25:27 | 135.04 | 1,772 | 2,392.91 | O |
14:25:14 | 135.04 | 4,979 | 6,723.65 | O |
14:24:56 | 135.04 | 2,632 | 3,554.26 | O |
14:24:02 | 134.92 | 208 | 280.63 | O |
Top Posts |
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Posted at 11/12/2024 08:20 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 120p.Equals currently has 187,627,898 shares in issue. The market capitalisation of Equals is £252,359,523. Equals has a price to earnings ratio (PE ratio) of 32.57. This morning EQLS shares opened at 120p |
Posted at 10/12/2024 15:54 by tabhair Very unusual share price movement, especially considering that we're on the cusp of an announcement.I do want to see the share price go up and the deal to go through, but at the same time this sort of thing should be investigated. How can we have confidence in the financial markets if there's the possibility that people can front-run the market? |
Posted at 07/12/2024 13:26 by cp42kx07 So yet another PUSU expiry raises several questions:1. Will an offer materialise before the expiry? Unlikely as there would be no reason to delay an announcement of a formal offer.2. Will there be another extension? Laughably this is probably on the cards. The PUSU system has been made to look ridiculous by EQLS.3. Is this a PUSU record? Surely it must be!4. If there is a formal offer should shareholders accept it? I'm of a mind to vote against it on the basis that EQLS appears to be in a market sector with excellent growth prospects. Whether management are up to the job has become unclear however. Also I have a concern that management have been less than honest regarding the entire strategic review process which could mean that there are undeclared problems...5. If the offer does not materialise then at what level will the share price fall to short term and then reach within 2025? 95p / 160p?All in all none of the parties have come out of this with their reputations enhanced but (imo) the most blame must attach to management. An exceptionally poor show! |
Posted at 30/10/2024 08:38 by masurenguy "After being told by various analysts that the 'fair value' of the company is between 165p and 175p over the last couple of years, yes it's disappointing."Just a bit of perspective in relation to analysts views on "fair value" here. When the SR was announced, a year ago on 1st Nov 23, the EQLS shareprice was 110p. If this deal is subsequently concluded at 135p then the premium on that price will be 22.7%. If a special dividend of 2p is added then the premium becomes 24.5%. One of EQLS largest competitors, Wise (who have a slightly different business model), were 670p on that same day and they are are currently 713p. Their shareprice reflects an increase of only 6.4% over the same timescale. Of course as investors we would all have loved a higher acquisition price of circa 170p but it is the market, at any given point in time, that ultimately determines price not 'various analysts'! |
Posted at 19/10/2024 11:37 by cp42kx07 Only 10 trading days until the 1 year anniversary of the "strategic review".During this time the EQLS share price (inc dividend) has increased by 8.78% whereas the Cboe UK All Companies NTR (BUKACN) has increased by 20.10%.From an investment perspective the entire opaque process appears to have been a self-inflicted disaster.All in all, immensely disappointing, even if the 135p "offer" completes. |
Posted at 28/8/2024 12:13 by carcosa Owenski, correct me if I am wrong but there was a bid for XP Power announced via RNS on 21 May, "Advanced Energy Ind. - Statement re Possible Offer". At that point XP Power rejected the offer.Wrt EQLS no formal bid has been announced from the consortium. All we know is what EQLS have published themselves. Until a formal offer is announced I don't think EQLS are in a position to formally reject anything that has not been proposed. Albeit a phrase from EQLS saying something like "we would be minded to accept/reject.." would have been useful. It's a technicality. Also, who know who else (anyone?) might be in discussions with the Board; until another leak ensues there is no way of knowing. FWIW after all this time it seems unlikely to me the consortium likely to raise the cash required as you say, it's 'odd'... but maybe they want to wait for the next UK govt Budget announcement first, so expect another PUSU extension? Given the current share price is not a million miles away from 135p and the risks involved of a bid collapsing, am a tad surprised there have not been more investors getting out and re-deploying their funds. |
Posted at 23/7/2024 15:24 by simso I read an ongoing debate here about EQLS and ALPH valautions. Lets split the facts from the fiction, as ALPH have reported their first half numbers this morning, so we can compare to EQLS' recent TU, covering the same period.1. Interest Income: EQLS interest income in H1 24 was 16% of the total sales, so is relatively less of a deal than it is for ALPH, where it accounts for around 40%. 2. EQLS sales growth in H1 was +33%, and Alpha +19%. If one stripped out interest from both companies, EQLS grew at +24% and ALPH +15%. 3. Comparing current year valuations, we know ALPH is on a P/e of 12 for the current year (inc interest), confirmed in a Panmure note this morning. With EQLS, the last forecats we have from House Brokers Cannacord and Zeus are almost 10 months old. Given teh progress made since, that's a long time ago! In Sept 23 both were predicting sales of around £110m for FY24. We now know the first half alone has delivered £60m. My own view for FY24 is £135m sales, EBITDA of £32m and EPS between 10p and 11p. If this comes to pass, then the P/e would be 10. In summary I believe EQLS is arguably on a cheaper rating than ALPH, although this depends one ones own assumptions in deriving a view on EQLS EPS. It is a fact that EQLS is growing materially faster, and also that Interest Income is less of a deal than it is for ALPH. |
Posted at 18/7/2024 09:06 by willyworm2 I've held here since 2018 from £1 all the way down to 20p and back up, didn't particularly enjoy the early part of the ride but quite enjoyed the ride up to last November. Since then it has obviously been a very frustrating few months.With all the positive noises, revenue growth etc I was expecting something along the lines of 160-175p as an offer to make it appealable to the management and shareholders, so was disappointed to see 135p as the number. I was surprised that the management have not rejected the bid out of hand given it seems to be below expectations, and below what we could have expected the share price to eventually reach if the organic growth in revenues and earnings continues over the coming years. But the fact that they haven't done so suggests they would be mindful to recommend it if financing is arranged and the bid becomes firm. Which begs the question why if the longer term case is so optimistic. Its either a) they aren't that optimistic and/or b) they have taken soundings from large shareholders as to what price would be acceptable and 135p is 'doable'. Either before the SR was commenced or during the SR I would have expected the board to sound out large shareholders as to what they think would be acceptable, if they all said we are not interested until 170p for example, then why not just end the discussions with the consortium and plough on with running the company. The fact that they are continuing the negotiations suggests to me a significant share of the shareholder base has indicated 135p is acceptable and therefore there is a greater chance of the bid going through than the current share price would suggest. Any thoughts?? |
Posted at 17/7/2024 21:08 by mcl1 To @Melcul's point, why would Insto's decrease their holdings when there were two potential bidders up until a month or so ago.The price action is as smelly as anything. The Aim is up 15% since EQLS announced their SR, yet the share price is barely changed. Even the more remarkable when there is potentially a 135p bid on the table. Ian S-T / the Board have diluted the value of the company because until they put up the 'for sale' sign, it was fair to assume we had shares in a sought after company with best in class technology that would command a takeover premium......that is clearly not the case. They need to provide an honest appraisal of the business, why they put it up for sale, do they lack critical mass for long term sustainability and realistically what is achievable. The share price suggests two things, 1) the bid has no chance of happening and 2) there is an erosion of faith from shareholders that needs acknowledging and answering. |
Posted at 10/7/2024 06:49 by carcosa Clearly disappointing for many, myself included.Should note that: The consortium still need to raise the cash EQLS have NOT said "they are minded to accept such an offer" Allows time for others, including MDB, to make an improved offer. General consensus seems to be EQLS share price would exceed 135p naturally anyway; but experience suggests Institutional Investors do not scupper such takeovers unless there is a large activist holder on the books. Meanwhile todays CNBC's top 250 fintech companies may offer an alternative home for Equals shareholders who cash out of the company over the coming days... |
Posted at 31/5/2024 15:18 by the_mandalorian Thank you for your investment advice and the passive-aggressive pretentious go elsewhere dig, brought out by my slightest and reasonable scrutiny of your use of the p/e AEPS figure.A little surprised considering I have never said this is a sell, or that the takeover will not happen. Isn't this a share discussion forum and not a fan club? I am sure some folk would take it as rude or even condensing, but not me. Read my history of posts, which included, unlike your own, exposing companies and breaking news before RNS on DHS investigations at NCYT, and scam lithium extraction partners in Chilean squats on CTL. So as I noob, green to all this, I don't take Offence ;) I will answer the question for you that you didn't acknowledge. The company used the same reasons for the non-reoccurring/ infrequent 'adding back' adjustments in Both 23/24 finals that give the AEPS figure. Not unusual, most companies do, that's why clean EPS is the most important figure when assessing financial performance. Is there any reason you went from using Clean EPS when posting in March 2023* to now only using AEPS, or was it before the period that you believed 'everyone in the city' used only AEPS? *27th March 2023 Final results and share price on the date you posted that EQLS "had a p/e over 40" EPS 1.8p share price 85p. =PE/ 47 AEPS 3.03 ; share price 85P =PE/27 Big7ime - 27 Mar 2023 - 12:20:42 - 20161 of 25292 Comparing ALPH,EQLS,AGFX Alph seems most profitable but very highly rated, Eqls profitability isN;T great but maybe early days as it has only just turned profitable AGFX is the stand-out share in terms that it is much more profitable than EQLS but share is so under-appreciated as trades on a multiple of around 10. EQLS is over 40 . |
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