Globaldata Share Discussion Threads

[dasv] 17/4/2007 14:21

EPS:-

(7800000 - (0.01 * 91250000))/91250000 = 0.0754

P/E = £2.5/0.0754 = 33.12

[woracle] 17/4/2007 14:20

Well, the forecasts are for EPS 8.6p only for 2007... so it must be the tax effect.

[scburbs] 17/4/2007 14:11

woracle, I don't think that is correct as they posted a £2m tax charge (almost 30% of £7.8m) which was taken into account in the eps of 8p. P/E ratio is 250/8=31.25. I think the comment you posted may be more to do with cash tax than the profit and loss account charge.

dasv, your share numbers are out of date following the acquisition. Check note 2 of the results for the companies eps calculation of 8.

[dasv] 17/4/2007 13:29

well noticed woracle

[dasv] 17/4/2007 13:28

scburbs et al, please correct me if I am wrong but current p/e on released results comes out at about 15.5...

EPS:-
£7800000 - (0.01 * 45577689 shares)
/
45577689 shares

this makes an EPS of 0.16

sp is a mid of £2.50 - 2.50/0.16 is 15.5
pretax profit minus dividend over number of outstanding shares

The question becomes - can Datacash continue to make money in the absence of the US gambling OLTP revenue?

[woracle] 17/4/2007 13:23

"The Group has now utilised all its accumulated tax losses and we expect to pay a full tax charge in 2007."

So they have to increase pretax profits by 30% just to keep EPS the same in 2007.

[scburbs] 17/4/2007 13:03

I would be a bit worried about this statement. On the positive side it does refer only to slower growth as opposed to contraction, but against that there are more shares in issue, so will it translate to the required eps growth to support a P/E of over 30 (currently). However, I do have a small short position so I would say that wouldn't I.

"As announced in October 2006 and in our trading update in January 2007, the Group was adversely impacted by the Safe Ports Act in the United States, which forced us to withdraw from processing US originated gaming related payments towards the end of last year. While this will inevitably impact our growth in 2007 it is also providing added impetus to our development plans. Non-US related revenues grew strongly throughout 2006, but with the additional marketing focus being applied by our gaming merchants to non-US activities we expect even faster growth from this area in 2007."

[dasv] 17/4/2007 12:49

Do you all think DATA has further to go? - it's been a great ride since Oct/Nov, though I bought in later than that. Good results released but market not impressed to bump up the share price

Any thoughts?

[pugg1ey] 17/4/2007 06:59

offer dropped below the bid?

edit-back to normal

[pugg1ey] 17/4/2007 06:54

Initial mark up suggest market likes results

[aerotus] 17/4/2007 06:54

This stock is incredible

[pugg1ey] 17/4/2007 06:53

'Board looks forward to an interesting and exciting year in 2007' what does that mean? (I guess anything you want it to)

[wisecat] 14/4/2007 16:57

results next tuesday 17th

[pugg1ey] 11/4/2007 07:03

does anyone have a date for the results? (hope it's not Friday 13th)

[kenbachelor] 06/4/2007 11:31

Sorry Pugg1ey, but I've been away for a month and got home to find my telephone & internet service provider has ceased trading. I won't even have a phone line until 16th.

Yes I am still holding 50k. They seem to have done quite well while I've been away.

[pugg1ey] 05/4/2007 15:38

nice finish :-)

[pugg1ey] 05/4/2007 15:01

should be results next week going by the Jan update and last year (11/04/06)? Hopefully very positive judging by the SP's current run.

[bigplayer] 04/4/2007 15:07

interesting to see the Netgiro deal collapsing: my understanding is that they share the same chairman. wonder why - seems like a good tie up to me.

[pugg1ey] 03/4/2007 15:27

someones buying up these sells IMHO

[aerotus] 31/3/2007 10:04

This company appears to be unstoppable! I still wish I bought 5 years ago!