Share Name Share Symbol Market Type Share ISIN Share Description
Gattaca Plc 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
  1.50 1.39% 109.50 107.00 112.00 109.00 107.00 109.00 34,365 16:35:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 667.5 -24.9 -85.3 - 35

Gattaca Share Discussion Threads

Showing 251 to 275 of 350 messages
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
19/9/2018
07:31
New CEO - ex Verifone (US technology company providing point of sale of sale systems). Here is his CV - hxxps://www.linkedin.com/in/kevinfreeguard/?originalSubdomain=uk Not massively overwhelmed by the appointment. No direct recruitment industry experience and no experience heading up a plc. No doubt he'll now be given a big salary and bonus/option package that'll make him a wealthy man just for getting the share price back to the 300p mark it was 12 months ago...
stemis
04/9/2018
12:28
Unlikely to move until after April 2019... Brexit (movement of people and inward investment in building projects to be affected) plus IR35 reform hitting the private sector, will have huge impacts on this business. Look at how IR35 reform in the public sector affected them last year (alot!) and when you understand that they rely on their private clients much more you would think that Q2 2019 will be a tough one! IMHO DYOR SD
stockdawg1000
04/9/2018
11:49
yes good to refocus. but it shows that the international expansion was a total disaster and a graveyard corporate strategy. personally, i don't think they have gone anywhere near far enough in right-sizing, refocusing and retrenching. there'll be much more pain to come in my view before this company starts to heal and regenerate. on a scale of one to ten, I wonder what staff morale is like. all imo. dyor. qp
quepassa
04/9/2018
11:24
Yes it makes sense to cut out the areas that are not really profitable, hopefully as SteMIS says this will free up working capital and get the net debt position looking better. I actually don't think the debt position is too much of a worry, current assets less all liabilites looks pretty healthy but maybe the headline figure is putting others off. I still think these are the cheapest recruiter out there, I also have some RTC and that is hobbled by incredibly greedy management without which the price would probably be a lot higher.
arthur_lame_stocks
04/9/2018
11:16
Also agree a sensible move to focus on core targets, and a new ED research note with adjusted forecasts and raised fair value calculation is now out. Freely available here: https://www.equitydevelopment.co.uk/edreader/?ltkn=311f88749bc580190704bfae65ba9165rFezHxdt&d=%3D%3DwM2QjM
edmonda
04/9/2018
09:45
agree, less costs,effort on low margin ps Optibiotix is a plain and simple pump and dump, remind what the revenue was again?
kmann
04/9/2018
08:44
Looks like a sensible move by GATC. No point tying up working capital and management resources where returns are poor. Better to concentrate on areas where you have strength.
stemis
31/8/2018
18:09
Amen to that Mann, you da man. Get ramping! All investors should have a ramp-champ and you are mine.......xx P.s. To any bewildered GATC holders, I do apologise, this is all in jest after the a-hole has been trying (and failing miserably!) to trash Optibiotix. Good weekend all. =~)
dire cons
31/8/2018
13:12
Seem to have stabilized, they are working hard at it too. Every bit of vizsability on brexit sees this move nearer where you expect it VH. My target similar to yous at 300p
kmann
28/8/2018
16:54
If I had to pick one single share from my top holdings that should be double where it is, it would be definitely Gattaca ... possibly followed by PHSC. Ramps over!
value hound
28/8/2018
16:14
Starting to make that move back up
kmann
23/8/2018
10:53
Civil engineering starting to move, great read across for GATC imo. Staffline getting tipped too, so that unloved sector starting to get attention again. Get ahead of the curve, BUY
kmann
20/8/2018
08:19
FTSE sell off over imo, talk of new highs before end of year. Time to buy these bombed out stocks now imo
kmann
17/8/2018
11:46
Starting to break technical resistance levels now as it consolidates.
kmann
16/8/2018
11:59
That gap needs filling at 160 imo
kmann
15/8/2018
10:17
Staffline up almost 50% from its lows. Making Gatc look way undervalued. I agree gatc should at least double this valuation right now. Do what buffet does, buy when others ...
kmann
07/8/2018
14:44
Should be over 300p.
arthur_lame_stocks
07/8/2018
13:49
EMR looks good too.
davebowler
07/8/2018
12:59
Yes, the bid for HVN has illustrated just how under valued is GATC. Should be over 200p really
stemis
07/8/2018
12:33
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
14:05
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
12:03
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
11:10
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
22:52
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
14:51
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
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
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