Printing.Com Share Discussion Threads

[dd776] 30/1/2010 08:52

looking down

[spaceparallax] 07/1/2010 11:59

Looking up

[dd776] 05/1/2010 18:18

joined in the rally atthe end

[spaceparallax] 07/12/2009 11:00

Are you serious? 44p - some people really get turned over.

[tyranosaurus] 04/12/2009 17:34

Who`s going to own up to buying at 44p today ?

[spaceparallax] 04/12/2009 16:31

Nice, presumably going to close slightly above the recent ceiling.

[spaceparallax] 04/12/2009 12:52

Making another attempt at progress

[spaceparallax] 24/11/2009 20:38

Thanks chaps

[mr hangman] 22/11/2009 14:01

Very good write up in Derek Pain's(Pain & Gain) yesterdays Independent

[egoi] 21/11/2009 11:28

Received this in my inbox:

'Specialist retail chain Printing.com is finding the going tough, yet the business remains profitable and well placed to capitalise on eventual upturn in the £1 billion to £2 billion print sector.

Half-year results to September from the Manchester-based group, which has 290 outlets across the UK and Ireland, revealed a marginal – though encouraging – increase in total retail sales to £13.18 million (2008: £13.17 million). However, reflecting the ravages of recession, like-for-like sales fell by 2.5 per cent compared with 16.3 per cent growth in the comparable half last year.

Pre-tax profits were reduced 15 per cent to £870,000, due to the sacrificing of margin through increased discounting and promotional spend, as well as a dip in finance income on a reduced cash pile. Yet, even after splashing out £1.8 million on special and final dividends, net cash fell by only £1.3 million to £600,000, demonstrating the cash-generative strengths of Printing.com's operations. Moreover, the proposed interim payout was maintained at 1.05p.

While trading profitably amid the economic maelstrom, Printing.com also added a net seven stores during the half and insists that it can expand its network to more than 300 outlets by the end of the financial year, although CEO Tony Rafferty is still cagey about the near-term outlook.

'Micro-businesses are being cautious,' he concedes, 'but we are winning market share and maintaining the volumes going through the business, and it is our belief that rivals have contracted somewhat.'

Although full-year profits and earnings have been downgraded – to £1.85 million and 2.8p respectively – Printing.com is a proven, profitable, cash-generative concern with positive long-term prospects. International potential, in markets including the US, only adds to its investment appeal. The shares, now 37.75p, up from a 52-week low of 22p, are worth buying for recovery.'

[dd776] 20/11/2009 08:10

Was expecting the drop to happen yesterday after going xd. Back to the usual

[dd776] 17/11/2009 08:15

can you add the connection to the header for trades on plus Thanks

[spaceparallax] 16/11/2009 15:22

True, although I'm not trying to be greedy - I just want the chart to reach that appealing breakout look.

[dd776] 16/11/2009 14:50

Just nice to be up and not down ?

[spaceparallax] 16/11/2009 11:15

Would be nice to get above the 40p level

[tyranosaurus] 13/11/2009 22:51

These are traded on Plus.

Link is


Shows 5 trades since 11am today. Viewed along with ADVFN gives a clearer picture of trades.

[spaceparallax] 13/11/2009 17:21

Looks as if, after the initial markdown following results, the figures have been well received with justifiable recognition of the times.

[dd776] 12/11/2009 07:45

well i picked up 11150 shares tue and did not see the trade

[tyranosaurus] 11/11/2009 18:01

Strange bounce back. Where are the trades to support it ?

[spaceparallax] 11/11/2009 10:48

Interesting bounce back

[topvest] 10/11/2009 21:37

Results were solid enough. Printing.com is a good concept and they seem to be holding on well to their revenue in the circumstances. Looks we are 6-12m off recovery here, but looks solid enough and very cash generative.

[theophilus] 10/11/2009 16:09

The results are not far different from what people had expected. I think that for the near future they will be somewhat quiet.

If they move up slightly so well and good.

If they fall slightly then possibly a good buying opportunity.

Long term there could be good growth if/when the general economy picks up.

Short term there is a good dividend yield so worth hanging on to these.

Cheers

Th.

[richjp] 10/11/2009 14:27

I said a short time ago here, that I thought a company like printing.com could be an excellent barometer for the general state of the economy because of it's involvement with the small business sector and this quote from the Outlook section of the trading announcement shows what I was getting at:

"At the outset of the current financial year, certain forecasts suggested a return to economic growth in the UK by this juncture; recent data suggests that this has not been the case. In common with wider economic indicators, the Company's Franchisees continue to report a cautious market sentiment."

So I think they have done nicely in the circumstances.

The internet will not put them out of business in my view. What PDC will do is take business from traditional print suppliers.

Iceland as a whole is a basket case so it's no surprise that that relationship has been discontinued. The US business is just a small bonus at the moment but who knows what it might generate in years to come.

I thought the Hardman report was pretty good. Note they point out that the company's production capacity is only 50% utilised. Growth when it comes may be slow because of the economy which I feel is a mess, however they continue to generate cash and I think the future dividend is secure for some time to come .

Put your money where your mouth is as the saying goes, so I have just added a few more.

[theophilus] 10/11/2009 12:59

Hardman were very quick off the mark.

Their report is quite detailed and they point out that they may well be overly conservative (or pessimistic) for figures in 2010, 2011.

See



Cheers

Th

[robertsajr] 10/11/2009 12:21

I consider the results to be excellent given the current climate. No debt and cash generative in difficult conditions. Regarding the move to the web advertising, Printing.com do have an interest in this field and make websites. The key market for Printing.com is not one that the web should detract from though, small business who will always need printed material - flyers for clubs, menus for restaurants, marketing materials for local business etc. etc.