Flowgroup Plc Share Discussion Threads

[larry335] 19/2/2015 15:13

TradeYodha
I see. Thanks for the info.

[halfpenny] 19/2/2015 15:06

Centrica margins with massive drops......so how does Flow compare with the hit on margins, its all about margins and generating cash FLOW....

Let's see

[tradeyodha] 19/2/2015 14:27

Yes. I am now waiting for clear signal on a new pattern. Will short again as soon as it shows.

[larry335] 19/2/2015 13:51

Had? So you have closed it?

[tradeyodha] 19/2/2015 13:05

I had a short on my books. Similar to what I had on QFI, BOO and now I have on EPO.

[halfpenny] 19/2/2015 12:35

I am waiting to see the results on sales and their financial statement to decide if I go in or not. The charts do have strong support at 25p so let's see....

Results results will drive Flow upwards ..... Providing its positive and beats market expectations else it will FLOW down hill which is easy. To FLOW uphill it will need great support.....ie. positive results

Let's see.....

[greenday] 19/2/2015 12:32

Came across this analysis today, please note I am no financial expert, however just thought it may be interesting to others who understand this stuff far better than I do.

a shareholder


Flowgroup as valued by the Relative Valuation Technique


Current Price
31.67p
Mkt Cap: £ 77.2m
Implied Valuation*
22.42p
(29.2% overvalued)

Relative Valuation compares a company's valuation against the median multiples of a company's peer group.


Assumptions
Ratio FLOW Value Sector Median Implied Price Include?
Price to Earnings Ratio - 14.6 - n/a
Price to Earnings Ratio, Rolling 1 Year Forecast - 13.2 - n/a
Price to Book Value 2.90 2.27 24.8
Price to Tangible Book Value 7.12 3.34 14.8
Enterprise Value to EBITDA - 8.71 - n/a
EV / Operating Profit - 12.0 - n/a
Enterprise Value / Sales 2.31 1.51 22.4
Price / Earnings to Growth Ratio, Rolling - 1.38 - n/a


Description
Unlike DCF or EPV valuation, comparable company analysis uses a relative approach based on the market valuation of similar companies. It uses one or more average valuation ratios of a set of publicly traded companies (in this case, the sector) and applies that ratio to the company being valued.


Out of interest also checked REXAM out via the same process, given there i a formal bid tabled at £6.10 today.

Rexam as valued by the Relative Valuation Technique

Current Price
563p
Mkt Cap: £ 3,785m
Implied Valuation*
522.1p
(7.26% overvalued)

although i except this is only a very small sample today, for me it shows a level of similarity in terms of value, and clearly those responsible for putting the bid forward to purchase REXAM have chossen to bid circa 20% higher, which is why both boards have signed up

[larry335] 19/2/2015 12:23

TradeYodha
Sure, but my point was.. are YOU confident enough in YOUR prediction to risk YOUR cash? Did you short it when it was 40p+ and you were predicting 32p? If so, respect. If not the prediction didn't have any material value to you and you, yourself, have no real confidence in the charts you are predicting...

Do you have a short to close or not?

[tradeyodha] 19/2/2015 11:34

LarryIt was a prediction. It was a chart formation. Read up on that. Google advance trading patterns. :) All patterns start with "IF" clause. The max it could go up to was point C. As it has not 20 p is now more of a possibility. Check out my chart. I had 2 possibilities. In any case I am the one who gave you 32p price too. Read up and then only argue.

[cyberbub] 19/2/2015 09:23

Fair point Larry.

[larry335] 19/2/2015 08:57

cyber
Yes I agree and long term we can still be confident if we are correct about our research...company management, Jabil etc etc.

And while the share price was at 40p+ the MC seemed to justify our confidence.
But now short term the game for holders (some sat on paper losses) has changed to a purely psychological one, as they have to wait it out. Can they withstand the wind ups, ill informed comments and falling share price that doesn't match the seemingly obvious massive potential?

[cyberbub] 19/2/2015 07:53

On a p/e of 20 for a growing company we only need £13M net profit to reach 100p share price I would think that virtually any good news on the boiler (sales going well, Europe contracts etc) would tell Mr Market that £13M was quite achievable...NAI

[larry335] 18/2/2015 23:41

TradeYodha
Don't tell me, megaphone and bearish flag?
What happened to the last chart prediction you made (Up to 44p and down to 25p)?
Is the 20p more reliable?
Why don't you short it?

[nw99] 18/2/2015 22:21

Good bounce again of support target remains £1

[fox you] 18/2/2015 20:09

qUOTE:
TradeYodha 18 Feb'15 - 17:57 - 2701 of 2703 1 0

20 p or under coming. Pattern forming
==========================
===================================
Hello friends

I did not put ina limit of 24p as I have reviewed my plan of action.
I am now of the firm opinion that within six months or sooner the share price will test 20p for the following reasons.

After the initial party re CHP boiler, people will wake up to the fact that it is not selling like hotcakes as just the installation cost is a lot more than many people pay to have a brand new boiler supplied, fitted, 7 yr free warranty for a supplier that has a hundred year track record. Even more discerning is the fact no instant hot water.

To many people 1800 quid is a lot of money and to use this on a boiler with no real track record, 2 yr warranty, no hot water, realtively large compared to many combi boilers thus not fitting in their new kitchen cupbaord, they'd go for the combi

The thread is very postive, but the share price tells all how it is. The future is bleak imo.

On the face book page one customer is asking about when Flowgroup is going to bring in line their tarrifs

Not looking good and share price of its peaks, makets at all times high waiting to crash, not looking good.

I may test the water at/about 20p

ATB

Fox You

[123qwer] 18/2/2015 19:51

sorry - did not log in as my new name

[halfpenny] 18/2/2015 19:16

Too long to wait for sale results etc

[fs360] 18/2/2015 18:42

Lottery numbers please

[tradeyodha] 18/2/2015 17:57

20 p or under coming. Pattern forming

[larry335] 18/2/2015 17:28

This report is more up to date than the last one I posted:

[staverly] 18/2/2015 17:20

Halfpenny ... too long to wait for what?

[halfpenny] 18/2/2015 16:05

Market high in general so when it corrects we will see some big adjustments without any positive news on progress....a month may be too long to wait...

Keeping my powder dry and ready...

[greenday] 17/2/2015 22:15

Fox You, just to say in the past seen Ive some silly posts from you,

however your last post (2692) I belive is spot on, and in terms of contribution to this board i don't think anybody could disagree with your advice,or take issue with it.

I just wonder why you get hooked into the silly discussions, which actually only serve to devalue what i believe is one of the best threads I have ever followed on the ADVFN site!