Perform Share Discussion Threads

[greek islander] 21/2/2011 16:21

OK not no 3 but GNG?

[matt] 10/2/2010 21:57

JD.

1/ Current year PER (Price to Earnings Ratio) of less than 12 times. - Yes
2/ Foward (next year) PER of less than 10 times. - Yes
3/ Market cap of over 10m GBP. - Yes
4/ No Profit Warning or similar bad news in the past 9 months. - Yes
5/ Pls indicate if the company has debt and what their cash in bank position is. - No (cash in bank)
6/ Pls indicate whether they are presently cash flow positive from operations. - Guess so
7/ Pls include the latest broker forecasts and all other information in the suggestion. - Do you're own research

[greek islander] 10/2/2010 19:57

This WAS A great BB in its time.

PP was here at his best!

[pillion] 23/12/2009 22:14

ACMG

p/e ratio of 6.2, eans ££££, pays a well covered divi

Good prospects

What more could you want ?

I do not hold ------------- yet !!

[pinemartin9] 23/12/2009 22:00

Is it time to revisit this? Shall we see if we can pull together an interesting list. My first suggestion is that old classic which I still hold Ambrian (AMBR)

I believe that this stock meets all the criteria above AND pays a handsome dividened that has been maintained historically. They have about £24M in the bank and are well placed to benefit from any global upsurge/recovery due to their exposure and contacts in Hong Kong.

Anybody know of any oil stocks that meet the criteria above?

PM

[stockscreeners] 20/3/2008 02:40

might be more pp, THE DOT COM CRASH COULD BE INSIGNIFICANT COMPARED TO THE CRASH THATS COMING UP imho.

[papalpower] 20/3/2008 02:31

Will be doing that, but not at the moment.

Presently the market is in turmoil and will continue to be so for some time imv, therefore there is no point looking at Low PE's now, it makes no difference, and half of them may fall onto profit warnings before the market starts to look at low PE's again.

Patience.....might be 6 months, might be 2 years yet.

[matt] 19/3/2008 18:55

How about tightening up the crieria and identifying stocks for future rallies and recovery?

[aleman] 01/2/2008 08:35

AMU just announced £5.6m profit on a £10m market cap.

[aleman] 03/1/2008 09:42

Up 10% at 38.5p today.

Aleman - 5 Nov'07 - 22:35 - 186 of 202 edit

tara7 - WAGN doesn't qualify for PP because it had a warning a while back but recent interim trading update was inline with orders slightly ahead. There was also some good news on lending facilities and sale and leaseback of factories to help the very weak balance sheet. ABN kept profit forecast the same but lifted earnings recently for some reason to give the following at 26.25p where there were signs of a bit of a bottom forming:

2008 2009
Broker Date Rec Pre-tax (£) EPS(p) DPS(p) Pre-tax(£) EPS(p) DPS(p)
ABN AMRO 29-10-07 BUY 14.00 8.78 4.00 20.90 13.02 5.00
PE Prospective (x) 2.99 2.02

Today's bad market has pushed it lower so the p/e's are now 2.90 and 1.96. Final dividend was cut to 1p last year when it could have been omitted altogether. It is forecast to yield 15.7% then 19.6% at today's 25.5p. It has been shorted quite a bit due to the weak balance sheet following merger write-offs. Both Wagon and Oxford had decent profit and cashflow ahead of the merger. Is there cheaper (granted it seems risky)?

[papalpower] 28/12/2007 01:33

HAIK and LEAD appear to be breaking up, not convinced on RCG presently, still looks wobbly on the charts.

[stegrego] 27/12/2007 21:31

Looks like only RCG, HAIK and LEAD have started out of downtrends...

[papalpower] 25/12/2007 01:49

No, just not the right time to update it really, otherwise you'd have half of the AIM market listed up..........suffice to say a time will come when sentiment so returns, and thus its worth nothing those really cheap stocks again.

[greek islander] 25/12/2007 01:09

I guess PP has run out of steam with this thread?
It seemed a good idea at the time!

[davebowler] 13/12/2007 13:28

I'm a fan of this thread and own RCG GOC RNWH AMBR FAN and HAIK and am amazed that they all continue to be so cheap.
Along similar lines I have BMS and think that they qualify-ooh and they are actually rising!

[saucepan] 13/12/2007 08:16

Expertise Group only has a market cap of £6.1 million, otherwise I think it meets the rest of Papal Power's criteria. It seems to be rather unfortunate to otherwise overlook it, especially in view of today's trading update:

Period end trading update for the year ending 31 December 2007

Xpertise Group PLC is pleased to report a continuation of the strong trading
reported in the first half of 2007. Results for the year ending 31 December 2007 are expected to show continued growth in turnover and profits and are expected to be in line with market expectations. The group is also expected to have net cash at the year end in excess of £2 million.

The group has continued to expand its presence in managed training services and
has secured additional contract gains in the final quarter of the year. The
significant contracts secured at the start of 2007 are also expected to
contribute strongly to turnover and profits for the full year.

The full year results are expected to be reported in the week commencing 25
February 2008.

ShareScope currently has XPG on a forward P/E of just 8.54 and a Rolling PEG-1 of 0.24.



Daniel Stewart rated XPG a buy on 31/10/07, when the share price was 132p, with a profit target of £0.68m

Investors Chronicle rated XPG a buy in August when the share price was 108.5p

[scburbs] 11/12/2007 23:24

AHT reported H1 numbers this morning with Q2 eps up 46% and the H1 up 20% at 8.9p. At 80p it trades at around 9 times H1 eps so meets the conditions for this thread over a 6 month period! On a full year basis this is a P/E ratio of around 6 (H1 is stronger than H2).



Outlook remains solid

"Our experience on the ground, supported by many lead indicators, is that
activity levels in our primary markets in the US and UK remain good being
driven primarily by a mix of corporate and public sector investment."

Returns to shareholders being increased

"The Board has decided therefore on an interim dividend of 0.825p per share, an increase of 50%. The Board also expects to increase the 2007/8 final dividend by a similar percentage."

"In addition to the increased dividend outlined above, now that the NationsRent
integration is complete and debt leverage has been reduced to around the mid
point of our target range with further reductions expected, the Board believes
that it is appropriate to make an additional equity return in the form of an
on-market share buy-back. Accordingly the Company's brokers, UBS and Hoare
Govett, will be making selective purchases in the market of the Company's
issued share capital up to the 5% authorised amount."

[hugepants] 10/12/2007 11:56

Leeds Group (LDSG) is on a very low PER if you strip out cash.

Share price = 17p
Cash = 13.5p
Net liquid assets 30.4p
NAV = 31.5p

Earning for H1 were 0.6p

So business valued at basically sod-all. Even stripping out the interest on cash and taxing at 30% and using EV of 3.5 then you get PE of about 4.
Note price has dropped because company in a closed period and cant buyback own shares. Results imminent which so should allow buyback to recommence.

[aleman] 10/12/2007 11:45

Anybody watching WAGN? Up from 25p to 30p since I mentioned them a month ago. 3.75p dividend forecast with 1.25p interim declared but not yet ex-d.

[jeffian] 30/11/2007 10:51

Stegrego,

Well spotted! I've been too embarrassed to do anything other than lurk here since my tip of OPD, which had crept into the qualifying criteria at 10xPER and now trades at 5xPER! Partly this reflects concerns about the sector (employment) if there is an economic downturn, and partly that it is going through a rather messy takeover battle (as acquirer), but at these levels it must be pricing in some downward revision of forecasts which, so far, the company has continued to deny. Although I have been buying on the way down, it has proved to be the proverbial falling knife. The employment sector has always been cyclical (competitor MPI which I used as a comparator to argue how 'cheap' it was has also been falling like a stone!) and OPD remains one of the best-regarded, so should be an opportunity for gains at some stage, but I've lost all confidence it predicting whe that might be!

Regards, Ian

[davebowler] 30/11/2007 09:55

Which of the above would be a buy on TA basis?

[egoi] 22/11/2007 20:33

In the rush for commodity stocks, imho those perceived as boring or safe have been sold. Often a feature of a mini-bubble in a flavour of the month sector