Next Fifteen Communicati... Share Discussion Threads

[mfhmfh] 29/9/2020 08:10

from today's interim results:

'...we are confident of modestly exceeding market expectations for the year'.

[mfhmfh] 04/9/2020 07:11

From NT yesterday:

'I bought some Next Fifteen (NFC) after a very upbeat trading statement.

I don't like buying early usually as the spreads are rubbish but tried a few attempts at getting some using direct market access and eventually got a decent slug.

This PR outfit's share price got hit badly by Covid and struggled to recover but looks now that fears were overdone and its next statement is likely to be really good.'

[pireric] 29/8/2020 23:40

Hat tip to the management team here. For a marketing/PR company to weather the storm as they have done so far is impressive

Eric

[mfhmfh] 25/8/2020 10:56

excellent update today IMHO.

Berenberg appointed as joint broker.

hopefully back up to 500p for starters and back into the 600s next year.

[thewheeliedealer] 21/7/2020 22:16

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion covers NFC and the prospects for the Marketing sector. We also chatted about loads of other Stocks and as always a fair bit of general Portfolio Management educational stuff. Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 27) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful,

Cheers, WD
@wheeliedealer

[mfhmfh] 25/6/2020 08:26

positive trading statement today with acquisitions being considered once again and aiming to pay dividends suggesting the board is confident about the business:

'...the Group expects to return to making selective acquisitions which will extend our engagement in business innovation and marketing technology businesses. We also recognise the importance of paying a regular and sustainable dividend to our shareholders and are reviewing when to resume payments.'

All IMHO.

[bottomfisher] 07/5/2020 16:37

The new chairman is an 'interesting' choice. She is considerably younger than Tim Dyson, NFC's founder and major shareholder, who has been running the business since 1992. In addition, it does not look as if she has ever had any experience as a ceo of a quoted company let alone chairman.

[mfhmfh] 07/5/2020 09:28

great appointment announced today IMHO.

[tim1478] 23/4/2020 21:12

Thanks Pireric

[pireric] 23/4/2020 14:40

This is the bridge from the results Tim - find the section in there as much better formatted. The big movements are amortisation of acquired intangibles and acquisition costs (Employment linked acquisition payments)

The first part will recur but is non cash so it doesn't matter and is not really a bad thing. The second part probably doesn't recur.

Year ended Year ended
31 January 2020 31 January 2019
GBP'000 GBP'000
Segment adjusted operating profit after interest on finance lease liabilities 40,860 36,956
Interest on finance lease liabilities 1,596 -
Segment adjusted operating profit 42,456 36,956
Amortisation of acquired intangibles (12,099) (9,046)
Share based payment charge and charges associated with equity transactions accounted for as share-based payments (note 3) (374) (1,311)
Employment linked acquisition payments (note 3) (5,029) (821)
Charge associated with office moves (note 3) - (173)
Current period restructure (note 3) (4,596) (4,353)
Deal costs (note 3) (945) (575)
Total operating profit 19,413 20,677

[tim1478] 23/4/2020 10:09

I do not really understand these things but statutory eps has fallen of a cliff because of application of IFRS 16. Is this a 1 year adjustment with eps returning to adjusted figure or will there be a smoke and mirrors calculation from here on? Can anyone explain?

When the same adjustment was made to Sopheon, the share price fell heavily. Today there seems to be no response to the Next fifteen figures.

[togglebrush] 23/4/2020 08:29

FY results ________________Highlights
'
-- Group net revenue growth of 11% to GBP248.5m

-- Adjusted profit before tax up 12% to GBP40.2m

-- Adjusted diluted earnings per share increased by 5% to 34.8p

-- Net cash inflow from operations increased to GBP49.5m (2019: GBP38.4m)

-- Strong balance sheet with net debt of GBP9.3m at 31 January 2020 (2019:
GBP5.2m)

-- We have not seen a material impact on the Group's trading performance
from Covid-19 to date but are anticipating our revenues and profits will
be affected from May as some clients reduce spend due to the uncertainty.
The timing of any recovery is hard to predict and therefore we are
managing the business very tightly, whilst being mindful of any post
Covid-19 opportunities

-- Significant client wins including DuPont, Google Cloud, O2
‘
Decided to suspend the final dividend, although it fully intends to resume dividend payments once the macroenvironment improves

[jeff h] 08/4/2020 12:30

Next Fifteen more resilient than peers, says Berenberg

A halving of shares in public relations group Next Fifteen (NFC) is ‘too severe’ for what Berenberg says is a ‘resilient’ company.

Analyst Edward James reiterated his ‘buy’ recommendation but reduced the target price from 630p to 420p. The shares rose 15.8% to 330p yesterday.

He cut his full year 2021 earnings per share estimates by 31% along with the price target to reflect the impact of Covid-19 but said ‘the 50% decline in the shares is too severe’.

‘Next Fifteen’s ongoing shift to more data analytics and technology-led media services, as well as its end-market skew towards global technology firms, will help the business prove more resilient than the incumbent traditional media agencies,’ he said.

[markie7] 07/4/2020 15:10

Going well today. Interesting

[togglebrush] 06/4/2020 13:33

Huge Trading Volume earlier today all listed as buys in 3 minute time slot
'
Date Time___________Price______Shares_________Value
'
11:03:12 06-Apr-2020__285.00 __2,550,000_____£7,267,500.00
11:02:01 06-Apr-2020 _285.00___1,059,865_____£3,020,615.25
11:01:47 06-Apr-2020 _285.00_____501,000_____£1,427,850.00
11:00:00 06-Apr-2020__285.00___1,000,000_____£2,850,000.00
'
Shares in Issue 87m
Daily Trading Volume stats from Jul 2017
;
Max____________2,096,198______22/08/2017
One in 100 day___849,948
Q3________________78,603
Median____________30,267______middle of sorted sample
Q1________________14,120

[babbler] 30/3/2020 07:34

NFC Excellent update. Half price sale.

[mfhmfh] 28/1/2020 12:09

Peel Hunt today reiterates buy rating and 640p target price