Share Name Share Symbol Market Type Share ISIN Share Description
Octagonal LSE:OCT London Ordinary Share GB00BWWCHQ23 ORD 0.05P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.525p +17.36% 3.55p 3.45p 3.65p 3.725p 3.225p 3.225p 7,736,565 15:03:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 4.2 0.8 0.1 25.4 19.96

Octagonal Share Discussion Threads

Showing 6776 to 6800 of 6800 messages
Chat Pages: 272  271  270  269  268  267  266  265  264  263  262  261  Older
DateSubjectAuthorDiscuss
20/10/2017
14:47
I reckon £1.6 million in 1st half means cash in the bank is now £5 million plus. Profits: £1.6 m A little confused as says in statement that 2 qtr is slow (Summer) but last year they did £1.1 m in this period and then £0.8 m in the 2nd half. So should we expect progress in the 2nd half or a slowdown like last year? Was it seasonal last year or something else? Whatever it is blindingly cheap. If you assume a similar pattern to last year and a get a slowdown in the 2nd half then 10 x profits plus cash in the bank would justify a shareprice of 5p. If the second half is similar to the first then 6p. An improvement 7p etc.
elsa7878
20/10/2017
12:07
Thanks someuwin, it does look very undervalued.
che7win
20/10/2017
12:01
...As I show in post 1336, current revenues support a 40m valuation which is twice the current level. Then add in further growth from existing and new operation and it could be a lot higher still.
someuwin
20/10/2017
11:09
What do we think, 6.5-7p on that trading update?
che7win
20/10/2017
11:04
So happy I dumped half my holding 2 weeks ago.Doh!
bobby.ifa
20/10/2017
11:01
NY, You are everywhere!
che7win
20/10/2017
10:36
All good here, expecting double digits by Q2 - 2018 VAST, TRIN & IMM all going to plan too. Will check back at the end of the year on progress.
ny boy
20/10/2017
10:32
Can buy £1k but not £2k. They're going to have to move it up.
someuwin
20/10/2017
10:15
...All that and dividends to come too.
someuwin
20/10/2017
09:38
Increase in margin from 40% to 47.5% is also very impressive.
rcturner2
20/10/2017
09:26
Revenue up 17.5% to £3.35m Profit up 40% to £1.6m. And that's for the weaker Summer half year. So full year profit could be well over double that £3.5m to £4m? Put that on a modest P/E of 10 gives you 35m to 40m valuation. Plus cash at year end of £3.8m. ...Makes the current £19m valuation look way too cheap. (And that's without the SynerGIS bonds and Hong Kong to come!)
someuwin
20/10/2017
08:51
I have had a nibble this morning.
rcturner2
20/10/2017
07:48
...Yup - excellent update.
someuwin
20/10/2017
07:28
Just what I have been patiently waiting on. Way to go IMO
29palms
20/10/2017
07:15
7.00am 20 October 2017 Octagonal plc ("Octagonal" or the "Company") Trading Update The Company is pleased to provide the following trading update based on the unaudited interim figures for the six months ended 30 September 2017 for its wholly owned subsidiary, Global Investment Strategy UK Limited ("GIS") and the Board is extremely pleased with the record revenues and profits achieved. GIS reports record revenues of £3.35 million and profits of £1.6 million for the 6 months to 30 September 2017 compared with £2.85 million and £1.14 million, respectively, for the six months to 30 September 2016. This represents an increase of over 17.5% in revenue and 40% in net profit compared with the same period in 2016. The business continued to show increases in net margins from 40% to 47.5% over the comparable period. Interim period highlights: · Cost efficiencies and margin improvement continues - Significant work continues being undertaken to improve processing efficiencies, client reporting and reducing frictional costs; as a result net margins have improved from 40% to 47.5% over the comparable period. · Additional services to clients - Asset Management and enhanced FX, Futures and Options trading services made a positive contribution in the period. This continues the Company's strategy of organically growing, offering a broader range of services to clients where it sees long term value. · Corporate finance activities made a positive contribution in the period for the first time. In addition to the above, the Company is pleased to announce that, further to the recent approval from Shareholders at the AGM, it has filed documents with the Court to reorganise its share capital with a view to making a dividend distribution in the future. The Company will provide a further update on this in due course. John Gunn, CEO and Chairman, reports: "This is a good set of results for the half year as the second quarter is usually impacted by reduced trading volumes over the summer period. We also managed to improve revenues and profits in spite of the negative impact of a slightly strengthened pound as our revenues are by majority USD and to a lesser extent Euro and GBP denominated. This was the first time we have seen our corporate finance activities beginning to make a positive contribution to revenues and profits. We will naturally continue to develop these opportunities, although there is no certainty of maintaining these levels of revenue, which were below 10% of total revenues for the period. Whilst our business remains subject to fluctuations in global markets, we continue to be confident in the outlook for the remainder of the year. Our application for our Hong Kong license continues and we'll update shareholders when there are meaningful developments. We also shortly expect to soft launch the SynerGIS Bond offering inviting depositors to pre register. Again we will make a separate statement at the time. The consolidated accounts for Octagonal PLC to 30 September 2017 are required to be released by 31 December 2017 although the Board hope to be in a position to do so well in advance of this deadline."
someuwin
16/10/2017
08:07
4p+ this week imo.
someuwin
13/10/2017
19:43
New 2 year high today with the amount of trades increasing daily. Always a good sign. Looking forward to events over the next 3 weeks. IMO, £18.1m Mcap at todays close is still too cheap.
29palms
13/10/2017
12:57
Breakout underway, so expecting much higher levels, once investor twig!
ny boy
13/10/2017
09:37
Could see 4p+ before results in a couple of weeks.
someuwin
12/10/2017
18:46
6 ticks up today, with not one pullback. Buyers starting to take notice of this small company and the niche market it operates in. Waiting on plenty of news flow over the next month or so and, IMO, still too cheap at Mcap of £17.5m on today's close.
29palms
12/10/2017
15:02
The 1.1m must be a buy. Now can't buy £1k online.
someuwin
12/10/2017
12:16
News to come soon... * Half year results (to end Sept) * Capital reduction approval 28th Oct (should be a formality) * Announcement of dividend policy. * Update on launch of SynerGIS bonds. * Update on GIS Hong Kong. * Move into new business areas.
someuwin
12/10/2017
10:06
All buys so far today. And online quote limited to £4k buy.
someuwin
11/10/2017
14:43
Bobby they were sells - I was grossly overweight especially in a micro microcap - now just very overweight! But somebody has taken them presumably at a slightly higher price. So plenty of demand at around 3p SJ
sailing john
11/10/2017
13:38
They're showing up as sells at 2.90 & 2.92p
bobby.ifa
Chat Pages: 272  271  270  269  268  267  266  265  264  263  262  261  Older
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