Paragon Entertainment Share Discussion Threads

[1savvyinvestor] 20/4/2017 07:59

Interesting geographic mix. U.K. Only 17%. Shows how important the Middle East is. Liked this;In 2017, we expect that £7 million of our turnover will come from repeat partnership business, amounting to approximately 45% of our revenue guidance of £15.7 million for 2017 and we anticipate our work to have the following geographical split: 20% UK, 10% Europe, 65% MENA and 5% China.

[interceptor2] 20/4/2017 07:55

Haven't much time to comment due to travelling on holiday. But very pleased with results and the outlook, also pleased to see goodwill of over £300k as exceptional's, they seem to be very good at keeping the balance sheet clean and healthy.

Will study the results more later, but can now continue my holiday in a relaxed frame of mind. :o)

[qs99] 20/4/2017 07:41

very quiet, where is csm?

[qs99] 20/4/2017 07:28

£9.2m market cap less net cash of £1.2m gives £8m EV, on underlying EBITDA of £1.2m so a EV/EBITDA multiple of c.6.7 ...for a high growth company it would seem, that may seem low? Let's see what the market thinks. Ultimately unless it invests its cash, it should be just adding to its cash pile year on year thus reducing that ratio materially....DYOR

[qs99] 20/4/2017 07:24

Yup, great set of results IMO..be good to get some new broker updates to understand the valuation....

[fft] 20/4/2017 07:19

Upbeat commentary. Good to see next year projections. Very interesting to see that IT upgrade will lead to significant economies. Sounds like a major hike to ebitda, pbt and pat.

[cfro] 19/4/2017 11:44

In my ignorance i had largely forgotten about the update PJ1 posted way back on Jan 30th. And there was me wondering of we will get an update before April is out! :0)

Looking forward to tomorrow then.

[interceptor2] 19/4/2017 11:16

Mid to small size UK companies are still issuing positive RNS releases, which I hope and expect will be forthcoming from PEL tomorrow.

In fact today saw a very high number of positive RNS release from RTC, LRM, GBG, FENR, ACAL, FDEV and PEN, which is highly unusual and gave me a nice problem of trying to decide where best to invest.

Just read again the link that PJ1 highlighted here on 30th Jan post 1753, tomorrows results and statements should provide insightful reading as well.

[pj 1] 19/4/2017 10:17

Hopefully we will get a positive outlook statement at least which, subject to Market sentiment, should give the share price a boost.

A shame Mrs May decided to throw a little clanger in the works yesterday, Markets seem a little edgy to say the least.

[1savvyinvestor] 19/4/2017 09:24

So- barring anything unforeseen there should be a 7.00 am rns tomorrow. No buying in anticipation! This is well and truly off people's radar at the moment. I am very hopeful that as well as meeting predictions we will hear some good news about the future

[pj 1] 10/4/2017 08:53

Saudi Arabia has unveiled plans for an entertainment city on the edge of Riyadh which will be 50 times the size of Gibraltar once complete.
The 334 sq km (129 sq mile) attraction - about the same as Las Vegas - will offer cultural, sporting and entertainment activities - including a Six Flags park and a safari park.
The announcement boasts it will be the first of its kind in the world.
Building will begin early next year and the first stage finished by 2022.
It forms part of a wider master plan.
Vision 2030, announced by Deputy Crown Prince Mohammad Bin Salman a year ago, aims to diversify the economy and reduce the kingdom's reliance on oil, through a series of projects.
The entertainment city - about a fifth of the area of Riyadh in size - is the latest to be announced.
Authorities say the hope is it will not only attract visitors but "achieve a healthy and harmonious life, and provide more entertainment, joy and fun" for those who live in the capital.
However, it is unclear how something like a Six Flags will work in a country where women and men are largely segregated. Up until now, theme parks in Saudi Arabia have been largely aimed at children

[pj 1] 07/4/2017 09:41

I think we have a background buyer here as well who is refusing to pay the offer and is effectively trying to knock the Seller down, so in effect a Cat and Mouse game........... I'd wager they are all buys this morning imo.

A change on L2 this morning again, could indicate reducing selling pressure

[pj 1] 06/4/2017 08:13

A change of auditor may well have speeded up the Results process.....

[csmwssk12hu] 06/4/2017 08:06

QS keep saying it and know you don't like it but HNT has broke out and is now at 48 to buy let the trend be your friend lol

[interceptor2] 05/4/2017 20:29

Date in my diary and thanks for finding out the date from I guess the Q and A page. Seeing that the year end was 31st December it is reassuring that the results are to be released in a more normal timeframe. No doubt thanks to CEO John Dobson.

[cockerhoop] 05/4/2017 19:29

Finals expected 20th April

[stiffybristol] 05/4/2017 16:58

I think a P/E of 20 is about right on £1M profit so 9p is fair value. That aside looking at an 18-24 month picture I can see 20p. Paragon is my favourite share. I like the new team build, I like the Merlin connection, that aside at 7p I will probably sell half or a third of my holding.

[1savvyinvestor] 05/4/2017 15:10

Would have except for chunky sell stopping rise in its tracks

[qs99] 05/4/2017 10:03

indeed, back through 5p today IMO

[csmwssk12hu] 05/4/2017 09:55

Looks like that seller has finished

[qs99] 05/4/2017 09:51

well that is a meaningful jump IMO

[qs99] 05/4/2017 08:57

finally some blue!

[pj 1] 04/4/2017 22:13

What makes you say 9p stiffybristol?

I'd still say we have a seller, either distressed or taking circa 100% profits.

It's a waiting game now for Results and an outlook statement. As dirtyn said nothing has changed or the Co would have to RNS.

Long term Investors will be rightly focused on the £20/ 20 target so its all noise otherwise that is best ignored imo