Printing.Com Share Discussion Threads

[tyranosaurus] 22/1/2008 17:54

A final dividend of 3p would make a total of 4p for the year.
Poster of 992 has contradicted himself.

[dd776] 22/1/2008 17:50

A total div of 3p would involve the final div increasing by only 5% from 1.9p to 2p , could be a bit more the way they have increased previously.

[slapdash] 22/1/2008 12:56

and yield currently about 7%..... not bad.... based on expected final dividend of 3p per share...

Slap

[mr hangman] 22/1/2008 11:10

Rentokil,Brandford Bingley,Alliance & L,RBS, Just to name a few, have share buy backs benefited these companies ? If we must have buybacks, make them
small & pay a special dividend, that's enough of that now for some more good
news:

Printing.com plc
22 January 2008


For immediate release
22 January 2008

Printing.com plc (the "Company")
Trading update

Since the last market update sales volumes have continued to be in line with the
Company's internal forecasts during November and December. Post the New Year,
the Company's January Sale has resulted in an encouraging level of orders being
taken by its Franchises across the UK and Ireland.

The Directors are pleased to be able to report that the momentum seen in the
granting of Bolt-on Franchises in the first half of the year has been maintained
and that a strong pipeline of prospective Franchisees exists at present.

[spaceparallax] 21/1/2008 13:19

I too would prefer to see the buyback rather than divi.

Slap,

I agree with your med to long term outlook here; much depends on how well they're able to utilise the massive capacity introduced with their machine updates. The capex will be written off anyway - the harder they work the better.

Also Slap, I thought of you the other day when I bought an excellent for which I think you would have good use - "The Cynics Dictionary". It's full of lots of brief definitions that make it great fun to read e.g.

An Honest Politician - One who, when bought, stays bought.

[slapdash] 20/1/2008 18:10

I think clearly what has weighed on the price here is the consumer/retail related stocks which have had profits warnings... i.e. the consumer/business slowdown...

long-term I think Printing.com will me massively successful..

However that is the issue which has wieghed on the stock price.... it isn't clear if they will be hit in a meaningful way though as they are the lowest cost printer for the market and so should pick up more business in a downturn..

I think long-term printing.com has a great business model...

We will see... falling with small caps at the moment....

Slapper

[topvest] 20/1/2008 14:14

Looks like they can afford to buy back + pay a chunky dividend. Not many growth companies can do that!..undervalued!

[tyranosaurus] 20/1/2008 10:40

It`s better to buy back shares than to pay 7% dividend on them.

[topvest] 19/1/2008 19:00

There aren't many AIM stocks sitting at big paper profits at the moment, so I can't see the CGT rules making much difference. Investors don't generally sell shares in something that they think is 50% undervalued to avoid 10% tax. Wouldn't be very clever!

[tightfist] 19/1/2008 18:51

The Buy-Back could be a smart move in the making. There's a lot of speculation that many AIM stocks will take a bashing up to the end of the Tax Year if Darling does go ahead with the controversial CGT reforms.

Maybe the PDC board are thinking ahead, preparing for a sell-off?? Mind you, you have to go back to the Ofex days to find a useful profit in PDC......

tightfist

[slapdash] 19/1/2008 10:54

dd776 - one would hope that would be the case....

they are generating cash and have cash in the bank so buying back their stock at these prices would be great for stockholders..

on balance it is a positive signal as if times are tough for them why would they give away their cash balance to buy stock???

Hopefully they should be one of the retailers who benefit from tougher times as they have the lowest price point so should benefit over their competitors

In any event long-term I think they will do very well...

Slapper

[dd776] 18/1/2008 17:56

should have a positive move for the share price the egm allowing the board to buy back 10% . Also give`s reason to believe that the company is still trading at or above management expectations.

[spaceparallax] 18/1/2008 14:43

Me and my big mouth!

[spaceparallax] 17/1/2008 19:17

Trex,

You could be right; however, it's heartening that others aren't yet dragging the price back by unloading on slight rises.

[tyranosaurus] 14/1/2008 17:52

Just the IC readers buying small amounts.

[spaceparallax] 14/1/2008 11:02

Certainly beginning to look a little healthier.

[dd776] 14/1/2008 10:44

positive move on low share volumn. Keep on ticking up

[dd776] 11/1/2008 17:49

Good to see an upward move. Would like to see a trading statement nearer the end of the month?

[spaceparallax] 11/1/2008 11:00

This morning's measly rise is probably in response to a very positive spiel on PDC in this week's IC.

[s34icknote] 05/1/2008 16:53

Solid Company with great yeild. Hold on for year or so and collect the divs.
In this market you buy in when when every one else is selling out at the near bottom.If it falls further hey ho! It will be higher long term . In at 37p

[topvest] 03/1/2008 22:18

It looks pretty fast in the accounts if you ask me. Profitability growth hasn't followed as quickly because of the investment in the central print centre, but that is all in place now.

[bruce the worry bear] 02/1/2008 20:37

I bought this at 50p and sold it at 50p losing my expenses. I liked the business model but if it really gives pdc an edge then imo growth should have been faster and thats why i'm reluctant to get back in.

[topvest] 31/12/2007 13:59

I've noticed that all "so-called" consumer related small cap stocks have gone a similar way over recent weeks. It doesn't necessarily mean that trading is poor. They are all being sold off! It's starting to look an absolute bargain on dividend yield grounds alone. I may by some more if this carries on much longer. At the end of the day this is a quality stock and should continue to do well with a competitively priced product.

[spaceparallax] 31/12/2007 12:23

The most recent trading statement was pretty positive - presumably we'd have received an update if things had changed so badly. However, the sp's certainly looking grim and it would be a brave person willing to grasp the falling knife.

[luafc] 31/12/2007 11:10

Would have thought the share price is approaching the stage to trigger a trading update. Either this is great value or orders and volumes are down.

This co floated on AiM in Aug 2004 at 30. As far back as 2000 it came to OFEX at 22p. When you look at the business progress since with EPS well over double 3 years back for example (and this after a much increased depreciation charge from recent central hub capital investment) and a chunky divi thrown in there is either an illogical de-rating or the impact of a slowing economy is bigger than I thought.

Tempted to buy, but won't ahead of an update.