Getech Share Discussion Threads

[geordy2] 08/9/2014 09:47

Operating margin may be 30%, but I would beware that Sonangol will drive a very hard bargain so margins may not be so great, similarly I would expect Getech to take a haircut on this one as it is a landmark deal.

[cockerhoop] 08/9/2014 08:07

Digital Look currently has:

Rev £8.6m, PTP £2.52m, 6.5p EPS and 2.2 Div.

[henryatkin] 08/9/2014 07:46

..............."This is an excellent start to the year and gives confidence that the Company will meet the current year market forecasts."

I can't find forecasts for the current year. Can anyone help?

[rcturner2] 08/9/2014 07:45

Operating margin is around 30%, so very crudely, this will add $1.5m (at least) to profit.

[cockerhoop] 08/9/2014 07:40

It was only last night that I was thinking we were due an RNS highlighting some Globe renewals but I suppose this will have to suffice :-).

[rcturner2] 08/9/2014 07:13

Superb contract win. Glad I doubled up at 44p, only wish I had bought more.

[protean] 20/8/2014 19:16

Strong into the close and a higher swing high on the chart. Start of a new uptrend perhaps.

The CEO was certainly confident on the outlook in the recent update:

"Looking forward, the Company remains well placed for growth"

"we have seen a significant upturn in recent weeks"

"We ended the year 2013/14 with strong sales performance. We enter the new financial year with a sound balance sheet, an increased product library, an enlarged sales team, and with confidence that we can deliver substantially improved performance."

[rcturner2] 20/8/2014 17:47

Nice rise today although on low volume.

[rcturner2] 13/8/2014 10:16

I'm surprised that they haven't been aware of R&D tax credits before, it is pretty basic stuff that most accountants should know. I do wonder why a company of this size does not have a full time CFO.

[shanklin] 13/8/2014 10:13

It was an online quote, at 48.66p. I tried to double up on the 10k I did buy but dithered for too long and the offer had gone up to 51p. I wonder if GTC can expect to avoid tax for the foreseeable future based on its significant research activity.

[rcturner2] 13/8/2014 10:01

Cash is 11p per share so at 52p PE ratio is 9 net of cash.

[westcountryboy] 13/8/2014 09:30

Eps is of course flattered by the tax credit - the PTP is well down. But the continuing tax credit going forward is also great news. I topped up eventually, but my brokers were not as agile as Shanklin's!

[rcturner2] 13/8/2014 08:51

I tried to buy some more at open, but TDW couldn't get a price.

To think that some were predicting a FY loss, and actually H2 has been superb. EPS of 4.6p is pretty impressive considering they felt it necessary to issue a profit warning. Earnings barely down the 10% required to issue the warning.

[shanklin] 13/8/2014 08:03

Quite impressed there will be a FY profit. Have bought a few first thing.

[rcturner2] 13/8/2014 07:40

Nice statement.

[stewy_18] 16/7/2014 14:56

Sorry. My mistake. Finals in October.

[rcturner2] 16/7/2014 14:20

Stewy, we have had the interims, next up the finals.

[stewy_18] 16/7/2014 12:32

Quiet here today after the RNS:-

Seemed positive, yet the shareprice has barely moved.

If they keep releasing good news that will be enough to cushion any bad news in the interims.

I am still on the sidelines.

Best

Stuart

[deanowls] 15/7/2014 13:47

The results got better with a contract in this year. All about the outlook.

[ok,yah] 15/7/2014 13:43

looks like results are going to disappoint as per profit warning.

[shanklin] 15/7/2014 12:58

Slightly surprised that the bid is now well below where I sold. Still watching with interest.

[rcturner2] 03/7/2014 07:41

More good news for those taking a more long term view of these things ;-)

[cockerhoop] 03/7/2014 07:34

Another $500K contract clocked up for the US dataset. Again for this financial year.

I assume the unconventionals quote is suggesting possible wider uses of the data - i.e. a larger addressable market.