Paragon Entertainment Share Discussion Threads

[pj 1] 08/12/2016 19:13

dirtyn- thats an unfair question, there is nothing like putting someone on the spot is there? lol

Its currently on a 2016 p/e of x15.5 with a low PEG of 0.23. So with the current debt I'd agree with you that 4.5p is a high valuation against those figures.

However, we know they are going to hit 2016 figures, and now have 2017 estimates. That is a p/e/ of x9.3 and a low PEG of 0.14, with a hopeful big reduction in the debt, and an improving balance sheet and cash collection

So, Id target a conservative 2017 p/e of x14 (market average) and a 7p price target which ties in with Fincapps 7p longer term target based on EBITDA

As the Market is (hopefully still) forward thinking I think we have more to play for here short / medium term and wouldn't be surprised if we didn't hit 5p in the short term, with 7p in 2017 if trading updates are at least in-line and 2018 shows more growth. Obviously general Market trends and sentiment also need to be in favour.

Plus any Broker upgrades or trading aheads could significantly beat the above.

All IMO and DYOR etc.

Now i've gone to print the Market will prove me wrong!!! (Murphy's Law?) :-//

(FWIW I have a 12p target for £20m (2019?) Revenues with the current information available)

Stockopedia after some gentle nudging by myself have at last updated PEL to the correct sector, and gives a stockrank of 62 which should improve greatly with 2016 Results and balance sheet entered

Did that answer the question? LOL

[stiffybristol] 08/12/2016 18:40

I was going to get out at 5p, but I think it has the makings of a £25M mkcap, judging by the £1,000,000 2016 Profit forecast, good order book and willingness to engage good sales staff and partnerships in other countries....that might reflect a 13-15p share price.

[dirtyn] 08/12/2016 18:25

No this is a long term for me.
Based on the current numbers its not worth more than 4p IMO.
It will find its price again soon.
What are your thoughts PJ ?

[cfro] 08/12/2016 17:35

Good to see the strong surge towards the close. Definitely feels like a xmas party going on here! :0))

[csmwssk12hu] 08/12/2016 17:29

It's not even started here, concerning because should have had insight to buy after last trading update, even £500 would do, but nvm as I said better late then never as for bloated have you just sold by any chance ? Bloated will be after the 50%+ rise followed by 4% next day then 50%+ followed by 20% up on open then 20% down at end of day, it's almost identical pattern on small stocks, thing is these are not on most people's radar as it's not made onto biggest risers board yet on its rise up, it's steady consistent buying which is better all imho dyor

[dirtyn] 08/12/2016 17:12

Now feeling bloated. Needs to settle down.

[csmwssk12hu] 08/12/2016 16:34

Yes QS, the good news with today's rise is its just enough to not make it onto biggest gainers board, once that happens you usually get around three days of sharp rises followed by a fourth day morning rise then ar*e falls out, why I always say small rises every day are best all imho dyor

[qs99] 08/12/2016 16:31

that would be nice and would zoom this through 5p etc...

[csmwssk12hu] 08/12/2016 16:26

Suppose they will be pretty sure how the year end will finish, after two upgrades I wouldn't be surprised with a third all imho

[janeann] 08/12/2016 16:23

well an interesting late surge. seems as tho something is afoot or someone knows something?

[csmwssk12hu] 08/12/2016 16:06

Good day today so far, still a long way to run imho dyor

[pj 1] 08/12/2016 15:34

As dirtyn mentioned, now above the IPO price, which significantly reduces the risk of overhead supply wanting to be sold.

[fozzie] 08/12/2016 15:27

Certainly enjoying the ride here now, it doesn't seem so long ago i was topping up at 1.5p and now look at us!

[qs99] 08/12/2016 14:57

Yup, not far and I have "bagged"....long way to go IMO as ever....but some good demand still driving this share onwards....5p next, well done all

[cheshire man] 08/12/2016 12:58

PEL has paid off for us longs :-)

[qs99] 08/12/2016 12:53

looks like it, tried a dummy sell and was giving me way over the offer....gla, but 5p is not too far off! then I sense we will be reliant on the next RNS to give us direction on value, but momentum is here DYOR

[pj 1] 08/12/2016 12:23

Someone is 'mopping' up any sells today imo

[qs99] 08/12/2016 11:06

5p here we go....! gla

[interceptor2] 08/12/2016 08:46

Strong move this morning on little volume of only 100k, just shows how quickly these could move if another significant RNS was released, or for any number of other reasons.

Hi cfro, With a new CEO and Finance Manager in place, I would hope that full year results are released in a more normal time frame, March or April?

[1savvyinvestor] 08/12/2016 08:43

PEL. The share that keeps giving!!

[cfro] 08/12/2016 08:39

Just teasing you Pj1. :0))


Great breakout here this morning...

[pj 1] 08/12/2016 08:33

Hi cfro, still very much here and enjoying the re-rating. I expect to be here for some considerable time! ;-)

Ref Results. Both 2014 and 2015 Results were way too late. HY have been published very promptly so believe somewhere it was mentioned that it was an auditing issue which hopefully the Co. can get on top of for this years. Another change of Finance Manager could affect it either way though lol

O/T No wild celebrations this year cfro, after relocating to Bolton in July friends are much more difficult to visit now, for various reasons it will be more of a thankful and count your blessings one this year! :-) ''God Bless us, each one''

No cms comments ?

[cfro] 07/12/2016 17:55

That is a very good presentation interceptor, thanks.

Anyone know when the finals will be released? Year end 31st Dec, so i am guessing around March time?

Ps havent seen PJ1 around for a few days. Perhaps he is busy doing the xmas party rounds! :0))

[dirtyn] 07/12/2016 16:38

Reading the presentation Scott is the Finance Manager. It doesn't mention him as a Director. He is sitting with the board but not as the board I guess.

Looking at the recruitment adverts for the Finance Manager it stated £50K est. so you are right this is a big investment for someone that knows a huge amount about the business.

Its a solid presentation PJ. Seems what they are pushing is the following:

New solid Middle Management Team coming through to take over the reigns.
Strong 2016/2017 order book and financials.
Seems to be aimed at Institutional Investors. i.e. Why Invest?

This could start moving the price.
Did you know that 4p was the price the company floated in 2011. This is a big turning point for the company.

[pj 1] 07/12/2016 16:09

I wonder who that have Presented to recently?