Netdimensions Share Discussion Threads

[brummy_git] 06/10/2016 03:28

Even if the transaction doesn't happen, then the stock is still cheap at 60p – trading on <1.2 times 2016 sales.Can't see much downside from here for long-term investors.

[temmujin] 05/10/2016 22:51

been told it wont happen...dont get sucked in

[glenkaz] 05/10/2016 19:32

Can someone who posts on Lse tell wreck tangle she is a c/nt!! Check the posting today!! Sold out wants cheap buy back!! What a thick p/ick! 🤒

[glenkaz] 05/10/2016 18:35

I'm gonna have a takeaway😋 Yum yum! And I think thease will be taken over!!! Yummmmmmmy! 😃

[glenkaz] 05/10/2016 14:56

Should see a nice big open tomorrow lots of big buys !! Open 70p 🤔

[glenkaz] 05/10/2016 14:06

Lots of big buys flying in! This could hit £ tomorrow Gla!

[brummy_git] 05/10/2016 13:20

Just noticed that Cornerstone - growing sales at 25%-30% pa (but with minimal profits) - is presently valued at $2.45bn, or 5.5x-6.0 2016 revenues ($425m-430m).

Maybe Panmure Gordon's PT of 165p is not too bonkers after all!

[brummy_git] 05/10/2016 13:13

IMO, interested parties list could include MBO, private equity (re software rollup) or alternatively any logical trade buyer such as Success Factors / SAP, SABA, Cornerstone (Nasdaq; CSOD), Taleo/Oracle, etc

[glenkaz] 05/10/2016 12:55

Show me £££;££&pound;££&pound;££&pound;£ ha haaaaaa! 🤗💷

[aishah] 05/10/2016 12:32

Techinvest have consistently said that NETD are considerably undervalued compared to US peers. I'm thinking of adding here.

[wjccghcc] 05/10/2016 11:48

Unlikely or they would have bid before the profit warning. I'd guess they're looking to get it on the cheap so 60-70p vs 40p before the story leaked, at which level it will most likely be rejected.

[veldtspar] 05/10/2016 11:38

Thanks for that Brummy. Wondering if Moody's are behind it.

[j777j] 05/10/2016 11:32

Brexit has made UK companies significantly cheaper and hence a time of great opportunity.

[brummy_git] 05/10/2016 11:28

Depends on the type of buyer (e.g. VC or trade), and how strategic Netdimensions is to them. In my opinion around 2x 2016 sales would seem fair (or 90p-100p/share), but really this is total guesswork.

[veldtspar] 05/10/2016 11:21

What do you think the offer per share might be?

[brummy_git] 05/10/2016 11:19

Now that really would be happy days – but does anyone really believe the 165p price target? From my calcs that would be equivalent to around 3.5-4.0x 2016 revenue estimates.

That said, if it was offered, then I wouldn't say no

[j777j] 05/10/2016 10:47

Will be interesting as Panmure still have a price target around 165p.

[b1ggles] 05/10/2016 10:45

Interesting - though not at anywhere near the current price.




"Statement regarding share price movement

The board of directors of NetDimensions (the "Board") notes the recent movement in the Company's share price.

The Board confirms that it has had an unsolicited approach regarding a potential transaction, which may or may not lead to an offer being made for the entire issued share capital of the Company. It is emphasised that there can be no certainty that an offer will be forthcoming or as to the terms on which any offer might be made.

A further announcement will be made as appropriate."

[brummy_git] 24/9/2016 13:30

Miton's previously reported NETD holding in Nov'15 was 3,300,000 (6.45%) shares - so they've off-loaded at least 777k in the meantime (last reported 2,523,166, or 4.93%). Remember they only have to disclose when they pass through each -/+ 1% - ie not when they buy/sell anything less, which they may already have done.

[j777j] 24/9/2016 07:22

60,000 shares from 2,500,000 odd shares ia hardly selling out.If you really are concerned why not call him and ask.Gla

[brummy_git] 23/9/2016 15:51

Has anyone got any thoughts why Gervais Williams at Miton group is selling, especially on to the market in a rather illiquid stock? Sort of suggests that he can't get the shares away to any other fund manager on the other side of the trade, even at these levels?

[j777j] 23/9/2016 15:07

Could easily double and still be cheap.I like the cash position and recurring revenues.Panmure have 169p price target.Seems too cheap at these levels and a takeover risk

[cascudi] 19/9/2016 15:44

from interim looks like
debt ratio is still very low: lees the 1%
quick ratio also good 1.8
and company managed to create cash 0.33
share price is increasing with increasing volume
has share price recovered started?