Or moonpig.con |
Or is it moonpig.co.uk |
Moonpig.com |
Bit of pre-100p buying - jumping the gun a bit. |
Somebody likes them, not sure why. |
That's quite a lot of director's money buying shares today. |
Postal strikes looking to be compounding - Suspect trading will be far worse than current expectations - But what do I know apart from massive financial crunch hitting all but the super rich who can afford increased heating bills but even they will have suffered decreases in disposable income - If invested in Crypto some could be nearly bust if they were geared. |
 Moonpig Group Plc posted Interims for the 6 months ended 31st October this morning. The results indicate a resilient business model with high profitability and robust cash generation. Revenues were roughly flat at £142.8m, gross profit up to £77.2m. Adjusted EBITDA was marginally lower at £34.6m, with adjusted PBT down around a quarter to £18.9m. This dip in statutory profit reflected interest on financing for the Experiences acquisition and amortisation of the technology platform investments that underpin the Group’s expectations for future growth. The Group remains highly profitable while management are strengthening the b/s and expecting pro forma net leverage to decrease to between approximately 1.9x and 2.0x at30th April 2023. Management confirmed unchanged expectations for full year adjusted EBITDA in FY23 on revenue of about £320m. Valuation is average, the share price remains in a correction and postal strikes pose near term risks to the business. There is no rush to buy here, but the business has growth potential and is a share worth monitoring for the time being...
...from WealthOracle |
Its a puzzle that revenue is flat compared to H1 in previous year.
Did something happen during 2020-2021 ?
Only 2019 looks rubbish compared to 2020-2021 and rubbish compared to these results today. |
profits halved, costs going up hence the fall.only going one way |
A postal strike on 9, 11, 14 and 15th Dec should help eCards here? |
Im still short from 160p. if 118p breaks sub £1 is likely |
On typical valuation metrics hard to see why this is more than about 60-70p/share so another 50% to goWill keep short |
Going down I think |
Closed my short too early |
Lousy report, sales flat combined with a high p/e does not augur well. |
Drop today on anticipation of strikes impact maybe? Big drop for the day BEFORE interims... |
Clon shares to multiply in the new year |
Interims tomorrow |
this has been a good short for me and 8% drop today but am being cautious of a bounce as results day soon |
Meanwhile curious that the price rises, although recent holdings RNS's have been reductions in stakes. |
and in another world on ADVFN, numpty traders are getting all excited when they find companies that are only priced at 3x revenue. |
100p by year endPaid far too much over the odds 3x rev for a gift company. Idiots |
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