Journeo Share Discussion Threads

[tightfist] 28/3/2024 07:15

Yes, a useful summary of Journeo integrated initiatives in Wales - IMHO more to come.....

[eeza] 28/3/2024 07:06

RNS - £1.5m order

[eeza] 27/3/2024 13:51

There's almost more delayed (hidden) trades than those put straight through.

[vfast] 27/3/2024 12:49

Great presentation and very positive, aim medium term revenues of £100m.

A lot of good points and can expect another acquisition.

[nchanning] 27/3/2024 11:33

Directors for the most part act like value investors , they tend to buy when the share price falls and sell when it rises . The most golden signal of all is when a director buys near the highs . It goes against their natural instincts , extremely bullish . CFO probably not that wealthy either , and with stock options in the bag still willing to dip into his pocket

[pireric] 27/3/2024 11:12

Can't really blame him. It's on 12x earnings with nearly 20% of the market cap in net cash. Easy hold and come back later here.

Eric

[hydrus] 27/3/2024 11:02

That is interesting because the share price is near an ATH and yet he wants more. Really suggests confidence in what is likely to pan out over coming months.

[vfast] 27/3/2024 10:43

Nice & vote of confidence to see the Financial Officer buying shares at 282.25p


Journeo plc
("Journeo" or the "Company")

Director Share Purchases

Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities, announces that Nick Lowe, Chief Financial Officer, has purchased 8,800 ordinary shares of 6.5p each in the Company ("Ordinary Shares") at a volume weighted average price of approximately 282.25p pence per Ordinary Share.

[vfast] 26/3/2024 22:10

Thanks eeza & Eric.

Excellent results today and future outlook.

Looking forward to the presentation tomorrow.

[pireric] 26/3/2024 21:53

Here is the summary paragraph from Cavendish. They are forecast 22.1p EPS for 2024, with net cash growing to £10m in 2024. Hardly seems even close to a frothy multiple at 280p.

"Journeo has confirmed record results for FY23A, in-line with recent upgraded expectations across the board. FY23A revenue increased significantly by 118% to £46.1m (including 20% organic growth) and Adj PBT increased 270% to £4m, representing a near doubling of the Adj PBT margin. Journeo has positioned itself for a period of sustained growth following the transformational Infotec acquisition, the bolt-on MultiQ acquisition and ongoing R&D in the existing business. Journeo looks compelling on an FY24E Adj P/E of 12.8x vs peers on 19.4x, with further upside being seen if cash balances are deployed on additional organic or acquisition opportunities leading to earnings accretion."

Eric

[eeza] 26/3/2024 18:16

Tipped again by ST of the IC.

[aublune] 26/3/2024 15:34

Nicely consolidating before it reaches to new ATHs IMO. Fast growth stock on like 10.3x pe minus the cash... which has a track record of upgrading earnings on the regular. Nice :0)

[nchanning] 26/3/2024 08:12

Forecasts look very beatable , wouldn't expect them to upgrade this early in the year

[aublune] 26/3/2024 07:45

Stonking results with a strong outlook and a large cash balance to enhance earnings further. Value up to 350?

8 million of net cash... 22p of eps for 2024 and its not even on 15x pe

I like that purchase orders keep on rolling

Easy stock to own as we will see more upgrades through this year. Will we end the year at 25p eps and then this still only on 11x?

[babbler] 26/3/2024 07:32

Lovely as usual

[qs99] 26/3/2024 07:32

Cracking set of results IMO/DYOR

[mcmather] 26/3/2024 07:18

Indeed, thriving; Cash and cash equivalents at 31 December 2023 were £8.1m (2022: £0.5m)

[dealit] 26/3/2024 07:15

What a good set of results + another purchase order of 1.1m all very promising IMHO.

[2breakout] 22/3/2024 16:28

Good call!

[dealit] 21/3/2024 14:46

If no surprises since trading statement and taking into account new contracts signed share price should move North IMHO.

[vfast] 21/3/2024 10:00

Tubes100, see dealit post 829.

I would expect things may start to hot up with the results on the 26th and presentation on the 27th

Expecting the financial media will pick on the results and I believe there will be another Mello presentation.

Think we will be testing the 300p again.

[nchanning] 21/3/2024 09:34

In a normal market this would be 20-30x forecast earnings , with the track record of growth and management history of underpromising . But AIM is on fire and punters can't help using their winning stocks as a piggy bank right now

[mcmather] 21/3/2024 08:05

Investor Meet Company - 27 Mar 2024, 12:00 GMT FY23 Results Investor Presentation

[dealit] 21/3/2024 07:04

Last years results announced on the 28th March. This years result:--Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities announces that it will release its audited final results for the year ended 31 December 2023 ("Final Results") on Tuesday 26 March 2024.