Incadea Share Discussion Threads

[hazl] 12/2/2014 10:32

this looks to be due a rise surely?

imo

[johnv] 12/2/2014 07:55

quick glance last night, should have read it, cheers

[johnv] 11/2/2014 20:13

Is this a different major European car manufacturer than the one mentioned earlier on jan 2nd..

[gucci] 11/2/2014 14:29

double bottom in

[farmer george] 18/1/2014 13:06

Apologies, deleted a post.

FG

[kenmitch] 18/1/2014 12:40

fwiw...SCSW think that confirmation of the contracts with the 2 new global OEMs will be the catalyst for the share price rising. These are expected in the first quarter.

Hope they are right and that the considerable investment needed is now largely priced in.

[simon gordon] 17/1/2014 20:16

Forecasts on Sharescope:

Cenkos - 3/1/14

12/13
PBT - 3.83m
EPS - 5.73p

12/14
PBT - 3.2m
EPS - 4.82p

Going by this INCA are on 21.8x 2014.

Maybe the market will start looking through 2014 and into 2015 in around six months time and then start rerating, but in the meantime it is derating the fall in profits for 2014.

What's fair value?

15x?

[thumb123] 10/1/2014 11:09

Looks like a strong buy with the current news. No wonder it's been tipped in most newspapers.

[essential] 02/1/2014 08:47

Great news but the short term profitability will suffer - this May keep the share price depressed until the signs of the profit come through

[gucci] 02/1/2014 08:16

incadea on target
StockMarketWire.com
Auto-trade solutions specialist Incadea said revenues and profitability for the year to end-December 2013 are expected to be in line with management expectations.

Revenues grew organically by more than 20% during the year anticipating a margin on EBITDA in excess of 20% (before expensing about ��0.6 million of costs associated with non organic corporate development costs).

Trading was strong during the last few months of the year, particularly in December with the new business wins, detailed below, secured during the month. Timing of the invoicing cycle, investments in these new projects and geographies, pre sales and corporate activities have resulted in the Company closing the year with a net debt position of ��2.2 million.

In addition, the Company is pleased to announce that it has signed a ��15 million, five year senior unsecured working capital facility with Citi to support the Company's growth plans. Together with the cash on the balance sheet, the undrawn portion of the facility will provide the necessary financial resources to deliver against the record pipeline that the Company has built up during the last few months, indicated by the announcement of the following business wins:

· International strategic partnership with major European OEM

The Company has finalized an international strategic partnership with a major European car manufacturer (OEM), worth several million of Euro, over the life of the contract. Under the agreement, incadea will roll out its latest-generation software solutions to the OEM's owned and franchised dealer network across Europe.

· First project with a leading European premium brand car manufacturer

incadea and its partner have signed a contract to roll out incadea's latest-generation software solutions to the car manufacturer's owned and franchised dealer network in Eastern Europe. This is a significant milestone in establishing a partnership with a new premium auto manufacturer.

· Strengthening of position in Turkey and Middle East

incadea is successfully expanding its business with its traditional customers having signed new contracts in Turkey, the Middle East and Egypt.

In addition to these signed contracts detailed above, negotiations are well advanced with two new global OEMs where the scope of work has been agreed between the parties and formal signature and launch is anticipated in the first quarter of 2014.

These new contracts and relationships fit well with the Company's strategy of diversifying from its traditional customers and geographies. They are expected to improve the risk profile of the business, increase the directly accessible installed base by 57,000 users (over the next 4-5 years) and the increased recurring revenues should improve the visibility of the Company's earnings as the contracts roll out the during the years ahead. In parallel, incadea's relationship with Microsoft has strengthened significantly, being among the top 16 global partners, out of 2,000 in the Microsoft Dynamics channel, providing the Company with the necessary support to roll out large international contracts efficiently.

In the short term, the new wins and contracts being finalized will require significant investment in customization and integration in 2014 to prepare for roll out largely from 2015 onwards. This will have a corresponding impact on the Company's profitability and cash position, depending on the scale of the roll out of the new contracts. However, the Board believes that these developments signal a material, positive shift in scale for the prospects of the company in the medium term.

David Hobley, Chairman, commented, "incadea closed 2013 in a considerably enhanced position. The final months of the year saw the signing and agreement of terms for some of the most significant contracts in the history of the Company. These contracts position incadea as one of the leading global providers of software for the automotive industry. We are now entering a phase of significant investment. Underpinned by our Citi facilities, these new initiatives should provide us with high levels of revenue visibility for many years to come and, hence, give us great confidence about the future prospects of the Group."



Story provided by StockMarketWire.com

[johnv] 29/12/2013 17:28

Abbey, I don't know what the Times said, but SCSW mentioned them a few months ago at 108p(accumulate). He mentioned that they are bidding for 3 big deals which if they win will become the three biggest deals in the companies history. They will hopefully cause a rerating.

[abbey8] 29/12/2013 10:54

Hello every one , this share has been recommended in the times news paper , any
idea why ? Thank you and happy new year.

[gucci] 04/12/2013 22:17

Very quiet here

[nickjoseph] 06/11/2013 13:25

Looks like I spoke to soon. Hope it hold some rise today

[hazl] 06/11/2013 11:01

well done nickjoseph lets hope the share price continues its rise!

[nickjoseph] 06/11/2013 09:51

As advised on the 31 Oct 13 this was looking to break new highs in 10 days and its has done it four days early. Cannot believe how the chart from looking poorly and tempting the sellers just turns round and rises like this. Been a holder since the start and the wait was worth holding in for.

[gucci] 06/11/2013 09:37

racing away

[dewtrader] 04/11/2013 13:52

Having a few down here. DOnt mind if i do.

[nickjoseph] 31/10/2013 11:22

Nice tick up every couple of days. A good rise this week. Graph looking a lot more promising too to break new highs in maybe 10 days

[hazl] 29/10/2013 16:23

slowly,slowly catchee monkey

[hazl] 25/10/2013 08:10

interest today??