Orpak Systems Share Discussion Threads

[noshy] 04/4/2006 11:12

not one of my star performers ;-(

[noshy] 29/3/2006 20:22

off 12% from the top, only 3 deals today, just illiquidity?

[tole] 27/2/2006 08:30

Also noticed it got a mention in GrowthCompanyInvestor at the time of results - a few snippets below..

"Maiden AIM final figures for calendar 2005 showed pre-tax profits doubling to £3.1m, ahead of forecasts, as sales gushed 43% north to £20.1m. The numbers reflected success in establishing systems with fleet owners and petroleum companies, as well as hoisting the uptake of end-to-end retail management solutions in Europe. At year-end, Orpak's products were deployed at over 6,000 fuel stations and on 1.2m vehicles across 30 countries."

"During the year, European sales spiked 77% higher as the company continued its Eastern European assault. India, where Orpak has already secured two major orders, also presents a vast opportunity. One is with Indian Oil Corporation, the largest oil refiner and retailer in the country, in a consortium led by Honeywell, whilst the other is with another state-controlled oil venture, Hindustan Petroleum."

"For 2006, house broker Seymour Pierce suggests sales of £25.4m, improved profits of £4.1m, and earnings of 12p, placing the shares on a forward multiple of 14.5"

[tole] 26/2/2006 13:43

Broker Recommendations - Friday 10th February 2006
Seymour Pierce reiterates buy Orpak

Prospectus link

[tole] 24/2/2006 19:19

Well a late reported 25k buy at 187p thats 2p above the current highest offer price today - bodes well for more to come on monday :)

[asadme] 24/2/2006 15:52

orpk.. look good for med term investment.

ive seen their techn in usa it great, its save u lot of time when u filling up ur car, just put ur credit card in a slot, thats it...no need to que up to pay at the counter...

im thinking of jumping on board..

[tole] 24/2/2006 11:10

Anything of major interest in the IC write up today anyone?

[chelwoodoi] 24/2/2006 08:30

DGT is about to post a maiden profit in the next couple of weeks and the work is pouring in .

Breakout expected soon .

my opinion only

c01

[tole] 24/2/2006 08:29

Orpak doubles profits
Thu 16 Feb 2006

LONDON (SHARECAST) - Automated fuel payment systems provider Orpak announced its maiden financial results for the year with revenues increasing by 43% and pre-tax profits doubling.

Pre-tax profit rose to $5.4m compared to $2.7m last year, while revenues increased by 43% to $34.8m from $24.3m in the same period last year.

The group said revenue growth was due to the increased adoption of its solutions.

At the time of floatation, December 2005, it received two orders in India, which the group believes will provide opportunities in a fast growing market.

"With the trend for fleet owners and petroleum companies to seek fuel savings, prevent fuel fraud and increase profitability continuing, demand for products and services such as those produced by Orpak remain high. As a result, the Board is confident of delivering further growth in 2006." said the group.

No final dividend was declared.

[tole] 24/2/2006 08:13

Tipped in the IC today as one of their main tips...

[tole] 24/2/2006 08:10

For anybody wanting to read the Orpak Systems Techinvest write up - go to their website and download their Feb issue....

[noshy] 19/2/2006 10:27

Techinvest February Play of the Month 2006

IPO Dec 2005
Very good website

Essentially adds efficency to fuel management. between vehicle and service station.

I hold

DYOR