Share Name Share Symbol Market Type Share ISIN Share Description
Gattaca LSE:GATC London Ordinary Share GB00B1FMDQ43 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 144.00p 144.00p 146.00p 144.00p 144.00p 144.00p 61,841 11:15:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 642.4 11.5 23.4 6.2 43.75

Gattaca Share Discussion Threads

Showing 251 to 273 of 275 messages
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DateSubjectAuthorDiscuss
07/8/2018
15:44
Should be over 300p.
arthur_lame_stocks
07/8/2018
14:49
EMR looks good too.
davebowler
07/8/2018
13:59
Yes, the bid for HVN has illustrated just how under valued is GATC. Should be over 200p really
stemis
07/8/2018
13:33
Equity Development's research note on Gattaca by Paul Hill Read the full note here ... https://www.equitydevelopment.co.uk/edreader/?d=%3D%3DwM1QjM Like its namesake movie - where the central character overcomes testing conditions – we think Gattaca will also emerge much fitter after its recent lean spell. Encouragingly the company has made a good start, albeit there is still plenty of climbing ahead. With regards to trading, the Board reported this morning that FY18 NFI grew 1% LFL to £78.8m (H1 +2%: H2 flat) with adjusted PBT “broadly in line with expectations”. We interpret this as c.£12.6m (vs ED £13.0m, £16.2m FY17) – implying H2 PBT of £5.7m (vs H1 £6.9m), 18% FY18 NFI conversion (vs 23% FY17) and £1.4m of annualised cost savings. Elsewhere, net debt closed July slightly lower than anticipated at £46m (ED £48m; FY19 £40.3m), despite a £3.5m final payment related to the Feb’17 RSL acquisition – leaving gearing at 3x EBITDA. The appointment of a new CEO is at an “advanced stage”, whilst the Strategic Review is “nearing completion”. Here, we envisage further restructuring at UK Telco (FY18 NFI fell -24% LFL; -19% H1 and est. -29% H2), alongside self-help measures within Contract (-5% LFL to £56.7m), central resources and a few overseas territories. Let’s not forget though, that Gattaca is a fundamentally sound business. It is enjoying profitable and expanding positions in UK Engineering (+1% LFL NFI to £47.4m eg Converged Technologies, Infrastructure), International (+7% £14.9m eg North America) and UK IT (+4% eg Cloud, cyber). It is also well balanced across permanent (+19% LFL to £22.1m) and contract (-5% £56.7m) placements to take advantage of the economic cycle. The improvement in ‘Perm’ is partly attributable to signing a number of ‘high quality, multi-year’ Recruitment Process Outsourcing (RPO) clients.
edmonda
03/8/2018
15:05
I'm not hugely bothered, although a 9p dividend is only £2.9m cost and they are forecast to make £8.5m PAT (implied by ED's 26.4p EPS). They have £100m of trade debtors so I don't see how their current debt constrains their activities. I wouldn't like a suspended dividend to take the pressure off them. Of course what I'd really like is a bit of consistency from them and regard for shareholders...
stemis
03/8/2018
13:03
Personally I'd be happy enough for the dividend to be suspended for a couple of years in order to get the balance sheet on a sounder footing.
arthur_lame_stocks
03/8/2018
12:10
Ok. Cheers. For some reason I immediately though of Edison but obviously couldn't find it. Equity Development never crossed my mind. I see the comment is "Lastly, we suspect another objective will be to reduce the level of gearing to provide greater balance sheet flexibility. As such, we have prudently modelled that the dividend could be temporarily suspended - albeit any decision will be made by the Board in November, with the official pay-out policy unchanged at the moment. Namely “to distribute 50% of throughcycle statutory earnings”, assuming net debt declines by >£3m pa from FY19 onwards" I suppose we have to take this seriously as it's paid for research, which I've always taken as providing the views of management, without it falling under the regulation of a company forecast. However they only set the current dividend policy 6 months ago so to be abandon it so early just gives the impression of them not knowing what they are doing and playing fast and loose with shareholders, although nothing would surprise me with these guys...
stemis
02/8/2018
23:52
SteMiS I think ED is Equity Development, which you have referred to in the past. Here is a link. Hope it works. Https://www.equitydevelopment.co.uk/edreader/?ltkn=97a8b5e57ba9ba87233ac6da13d6d6d3DZMjbNxx&d=%3D%3DwM1QjM
wilmdav
02/8/2018
15:51
Equity Development's research note on Gattaca by Paul Hill Read the full note here ...https://www.equitydevelopment.co.uk/edreader/?d=%3D%3DwM1QjM Like its namesake movie - where the central character overcomes testing conditions – we think Gattaca will also emerge much fitter after its recent lean spell. Encouragingly the company has made a good start, albeit there is still plenty of climbing ahead. With regards to trading, the Board reported this morning that FY18 NFI grew 1% LFL to £78.8m (H1 +2%: H2 flat) with adjusted PBT “broadly in line with expectations”. We interpret this as c.£12.6m (vs ED £13.0m, £16.2m FY17) – implying H2 PBT of £5.7m (vs H1 £6.9m), 18% FY18 NFI conversion (vs 23% FY17) and £1.4m of annualised cost savings. Elsewhere, net debt closed July slightly lower than anticipated at £46m (ED £48m; FY19 £40.3m), despite a £3.5m final payment related to the Feb’17 RSL acquisition – leaving gearing at 3x EBITDA. The appointment of a new CEO is at an “advanced stage”, whilst the Strategic Review is “nearing completion”. Here, we envisage further restructuring at UK Telco (FY18 NFI fell -24% LFL; -19% H1 and est. -29% H2), alongside self-help measures within Contract (-5% LFL to £56.7m), central resources and a few overseas territories. Let’s not forget though, that Gattaca is a fundamentally sound business. It is enjoying profitable and expanding positions in UK Engineering (+1% LFL NFI to £47.4m eg Converged Technologies, Infrastructure), International (+7% £14.9m eg North America) and UK IT (+4% eg Cloud, cyber). It is also well balanced across permanent (+19% LFL to £22.1m) and contract (-5% £56.7m) placements to take advantage of the economic cycle. The improvement in ‘Perm’ is partly attributable to signing a number of ‘high quality, multi-year’ Recruitment Process Outsourcing (RPO) clients.
edmonda
02/8/2018
13:01
According to hxxps://uk.webfg.com/equity/Gattaca forecast PBT is £13m and EPS 22.4 so a P/E of 5.9 What is the ED note? They've already cut the dividend (current forecast 9p for year)
stemis
02/8/2018
08:41
Stabilizing here, costcuting helps add to profit. So how much is PBT expected to be?
kmann
02/8/2018
07:46
Check out the ED note. Looks like they are either going to cut the divi, or suspend it to pay down debt.
imranawan
02/8/2018
07:23
How will Mr Market react - Lots of honeyed words - On the Surface not as bad as expected - https://www.investegate.co.uk/gattaca-plc--gatc-/rns/trading-update-for-12-months-ended-31-july-2018/201808020700035349W/
pugugly
22/6/2018
10:28
Certainly on the basis of the H1 results and current forecasts, GATC looks very cheap. Excluding intangible amortisation, H1 profit was £6.055m (I've not added back 'non underlying costs' because they seem to be a regular feature). Forecast for the full year seems to be £13m. Current market cap (at 125p) is £40.2m; so about 3.1 x pre tax profits. Even stripping out debt, the rating only increases to just under 5. Yield on current forecasts is 7.2% and nTAV is 99p. All of which would scream bargain.... Of course the market wants some reassurance that trading has stabilised and there will be no further deterioration. For that we are going to have to wait for the results, probably in early November. I'd buy more but frankly, after the COO (and now acting and probably to be permanent CEO)'s sale of shares just 3 weeks before a profit warning (and 5 1/2 months into the half year), I'm loathe to rely on anything other than published results. That's not helped by the Chairman ignoring my emails asking for some sort of explanation of whether that sale was authorised and if so, why...
stemis
22/6/2018
09:44
SW 455m funding mcap 5m just 30 mins ago Edenville Energy PLC Powerline Financing 22/06/2018 8:45am UK Regulatory (RNS & others) Edenville (LSE:EDL) Intraday Stock Chart Today : Friday 22 June 2018 Click Here for more Edenville Charts. TIDMEDL RNS Number : 2285S Edenville Energy PLC 22 June 2018 22 June 2018 EDENVILLE ENERGY PLC ("Edenville" or the "Company") Powerline Financing Edenville Energy plc (AIM: EDL), the company developing a coal project in southwest Tanzania, is pleased to note that it has been announced that US$455 million of World Bank funding has been approved for the Zambia-Tanzania-Kenya (ZTK) power transmission line. This funding will allow the construction of high voltage power infrastructure, which specifically includes the transmission line from Sumbawanga to Tunduma and the associated Sumbawanga substation near to the Company's Rukwa project area in southwest Tanzania. Edenville believes that this news, in conjunction with the Company's operational mining activities, has the potential to be transformational for the Company's planned Rukwa Coal to Power project. It should now allow the Company to progress its integrated Rukwa Coal to Power Project with the intention to develop the facility alongside the role out of the new power line. The Rukwa Coal Project contains 170 million tonnes of Measured and Indicated JORC compliant coal resources and the mine has recently entered commercial production in early 2018. The Company looks forward to providing further updates as appropriate. For further information please contact:
1lilac
20/6/2018
19:05
I think this has fallen a bit too far if trading is not about to deteriorate much further and may buy some more once i've sorted out getting some more money into my SIPP.
arthur_lame_stocks
20/6/2018
08:05
I'm watching and will look at the chart for an entry point, the recent rise suggests there is some interest at this level but the downtrend is still in place. I'd prefer to see the chart bottoming out first,
daz
19/6/2018
16:14
Seller still seems active - Now seems happy to trickle out at 126p That is if I am reading level 2 correctly - or is there more concealed bad news on the way and it is leaking? If so message could be GET OUT AT ANY PRICE - Thoughts?
pugugly
15/6/2018
14:50
Looks like seller still active - Price down again to 130/139 Spread too wide (imo) L2 CLOSER TO 134/138
pugugly
30/5/2018
13:07
On minimal volume - If the seller has been cleared out then may well bounce on minimal volume but no evidence (as yet) of significant buying pressure - So if seller only paused and still overhang then (imo) lows could well be tested again - Pays your money and make your choice !!
pugugly
30/5/2018
13:03
I think the share was oversold and hopefully a more realistic valuation will persist from here on. Good business stumble and even encounter tough conditions but they don't become bad businesses overnight (unless management decide to do something stupid). Gattaca is just a good business that bought a struggling business at the wrong time.
stemis
30/5/2018
10:36
I suspect it's more down to Morson appearing on the share register and maybe the clearing out of weak holders.
thetiger
30/5/2018
10:33
On the leaderboard - up 16% @ 155p - well done Keith...
skyship
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