Office2office Share Discussion Threads

[jeff h] 11/4/2010 12:17

Yes and was top of the list of companies selected for yield in this weeks IC.

[ignoble] 11/4/2010 12:03

Tks for posting that ...I'm a happy holder

[cwa1] 11/4/2010 10:08

Last year the group delivered pretax profits of £12.8 million. This year it is forecast to make £13.5 million. There is a sizeable dividend too - 11.4p last year, expected to rise to 11.7p this year. Given that the share price is 157p, this puts the stock on a yield of 7.5 per cent.

Midas verdict: The company has come a long way and Moate is keen to continue developing the business organically and through acquisition. The shares should rise as the company evolves and in the meantime, shareholders can take comfort from the generous yield. Buy.

[nurdin] 11/4/2010 09:36

Tipped by Midas....:o)

The article forgets to mention that the stock is ISAable which means all that 7.5% yield can be had tax free...

Also there is a final divi of 7.8p available to those who buy before 21st April...

[ignoble] 25/3/2010 13:50

Amazing to think that a year ago or so , the stock was looking at 50p

Nothing like a bit of panic in the markets to knock the stuffing out of a stock...

[mesquida] 25/3/2010 13:25

Meetings over the next few days should see this trend higher in the short term - and in the long term it is a perfect target for any overseas bidder that is looking to get a foothold in the U.K.

[ignoble] 25/3/2010 13:18

Tks Jeff ...

[jeff h] 25/3/2010 13:08

A good set of results with Panmure and Altium both saying "Buy" today with 220p and 185p price targets.

[beaufort1] 03/3/2010 08:54

well obviously the results must have leaked out somewhere.

[mesquida] 02/3/2010 15:01

Net position tightening up nicely now - bid for 25,000 but only offered in 500! This is on the move at last - next stop 180p!

[mesquida] 02/3/2010 15:01

Net position tightening up nicely now - bid for 25,000 but only offered in 500! This is on the move at last - next stop 180p!

[joe say] 02/3/2010 12:36

Also positive RNS to effectively invite Analysts along on announcement day - there's only one reason they'd want to do that imo

[mesquida] 02/3/2010 09:59

Yes, I really cannot understand why this price is not 20% higher. Can only assume that buyers did not want to chase it after it virtually trebled between March and September last year, but the sideways consolidation has gone on long enough now and we are well overdue the next leg-up. 7.5% dividend yield, forward PER of only 5, and it is a reasonably liquid stock. If I was a darts player I would be shouting 180!

[cwa1] 02/3/2010 09:18

Nice to see some very modest price appreciation. Hopefully we might get a decent run into results in about 3 weeks time.

[jeff h] 22/2/2010 19:54

Thanks for that mesquida I'm sure the broker will have been in touch with the company before raising next years forecast....it sounds good.

[mesquida] 22/2/2010 16:52

Sorry Jeff H but have been off the air for a few days and unable to post the new INVESTEC forecasts. Anyway, details are as follows. Current year (to end december 2010) pre-tax now forecast at 13.5 millions as against previous forecast of 13.3 millions, with eps forecast similarly raised from 26.79p up to 27.2p. For next year the new pre-tax forecast is 15.0 millions as against 14.3 millions, with eps forecast raised from 28.74p up to 30.19p. INVESTEC have also raised their share price target from 187p up to 196p, although I am bound to say that this looks a little conservative in the light of the above earnings forecasts.

[jeff h] 22/2/2010 08:48

I quite liked this bit from the below:-

Gordon stressed that the BPO side of the business was a growth area and that outsourcing would continue to grow. "That's what attracted us in the first place," he added.



....so OFF gets the bit private equity was after for buttons.

[cwa1] 19/2/2010 16:25

Hefty volume by OFF standards. Over 600,000 traded so far. Could buy 25,000 online earlier today now restricted to 2500 and can sell well in side the bid. Hopefully any potential overhang has gone now.

[rik shaw] 19/2/2010 16:21

Thanks for confirming the date of the prelims- that's later than I was expecting based on last year so plenty of time for share price to wake up a bit.

rik

[cwa1] 19/2/2010 09:04

Morning All

Share price has been a bit moribund for quite a while now.

Just had a modest top up at almost 141. Seems to be plenty of stock around at the moment. Hopefully that will change in the run up to results on 25/3.

[jeff h] 18/2/2010 19:38

mesquida - could you post the new forecasts please?

I know Panmure Gordon re-iterated their 'Buy' advice today with a220p preice target.

[mesquida] 18/2/2010 19:22

Nice bolt-on acquisition today - house broker raising their forecasts as a result - forward PER of only 5 - and share price does not move. Presumably there must be a large seller operating - but at least that provides us all with the opportunity to add to holdings without having to chase the price.

[ignoble] 02/2/2010 17:42

Axa increased their stake to over 15% if I have read the RNS correctly
DYOR etc

[jeffian] 27/1/2010 15:07

You've had a trading update 5 days ago. What more do you want?!