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PRW Promethean

39.875
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Promethean Investors - PRW

Promethean Investors - PRW

Share Name Share Symbol Market Stock Type
Promethean PRW London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 39.875 01:00:00
Open Price Low Price High Price Close Price Previous Close
39.875
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Top Investor Posts

Top Posts
Posted at 20/6/2013 13:03 by rainmaker
Patrick just remember that sometimes Institutional Investors as sellers of a stock for absolutely no other reason than a low share price or low market capitalisation even if the stock concerned is crazily undervalued.

Thanks for your comments about the Value thread which I'm shortly closing down.

regards
Posted at 09/6/2013 12:48 by rainmaker
You have to wonder whether the latest share price move is merely extending the 15p/25p trading range or a "suckers rally" sucking in buying before going much lower. We're broken into new low ground which is obviously a bad sign. It's not unusual for a share price to rise and hit the previous support (and now resistance) level before going lower.There's a whole load of Investors that have bought over the last year in the wake of the profits warning so it might be difficult for the share price to make progress from current levels into that "overhead supply" Are Investors going to sell out at breakeven or add further? I think trading volume will be the key determinant.Watching with interest.

regards
Posted at 05/10/2012 16:43 by she-ra
Geheimnis2 - After such a dramatic fall such as with PRW there is usually a 10% rise with shares the following day.I think most will agree to that.But with PRW no such bounce.

The revenue decline is accelerating.There is little visibility for investors.

I can only see a bounce if some city scribbler thinks up a takeover rumour otherwise I dont see it bottoming at this price.
Posted at 01/2/2012 07:23 by masurenguy
Interesting - more companies should provide live webcasts of their analyst presentations.

RNS Number : 5429W
Promethean World Plc
01 February 2012

Notification of Preliminary Results

Promethean World Plc (LSE: PRW) will announce its Preliminary Results for the year ended
31 December 2011 on Tuesday 28 February 2012. An analyst presentation will take place
at 8:15am at Citigate Dewe Rogerson, 3 London Wall Buildings, London, EC2M 5SY.
The presentation will be webcast live via the corporate website: www.prometheanworld.com
on the 'Results and Presentations' page within the Investors section.
Posted at 29/7/2011 07:57 by masurenguy
Promethean World profits plummet on US cuts

Investors in Promethean World were handed their latest setback after the interactive whiteboard maker unveiled a 65% drop in pre-tax profits and said it expected government austerity cutbacks to continue to make trading "challenging". The company – which has seen its shares fall 70% since its flotation in March last year – made profits of £3.3m in the six months to the end of June after revenues fell 11.9% to £107.8m. However, Promethean's shares rose 4 to 59.75p after the company said the rate of revenue decline slowed in its second quarter, despite tough comparables in the first half of 2010. Trading comparables are set to become softer in the second half.

Jean-Yves Charlier, chief executive, remained cautious despite the share price rise. "We expect our markets to remain challenging, due to government austerity measures and the resulting public sector budgetary constraints," he said. Promethean has been hit as government cutbacks and the moribund pace of the recovery in western markets have hit sales of its technology. The company said it had spent £1.4m on restructuring costs in the half and had consolidated three sales forces globally into one. Promethean cut its interim dividend from 1.05p to 0.8p, payable on September 24.
Posted at 22/7/2011 08:35 by masurenguy
Looks like some people could be bailing prior to next weeks results !

Cool Technology? Use It, but Think Twice Before Investing

Remember how cool Smart Boards looked when they first showed up? Corporations bought them in the 1990s, but a lot of people discovered them years later when they started flooding school classrooms. With a Smart Board, seven-year-olds and CEOs alike can write on a screen for all the room to see. The inventor of the boards, SMART Technologies (Nasdaq: SMT), saw sales leap up for years before launching a successful $660 million IPO last July. But things went sour almost immediately. School budget cuts hurt sales, and increasing competition forced the company to spend more on R&D. The company expects 2011 sales to be flat to 5% lower. Shareholders have taken the brunt. There's a difference between great products and great investments. High debt, competition or just management's lack of long-term planning can turn great products into truly horrid investments. Moreover, some of the best-run of the great-product companies are dogs for investors when their share prices run up too high. It's hard, even with the niftiest gadgets, to ramp up profits fast enough to meet the expectations high valuations imply. High valuations tend to lead to big falls when the news is less than super sunny: like when a new competitor makes noise; or when the sales gain for a particular quarter isn't quite as high as promised.
Posted at 01/3/2011 10:33 by masurenguy
gopher - 271: the 200p that GS placed these at looks more and more like Gods work.

LOL gopher - I think that IPO & post IPO investors might see it more as the work of the "great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money" to quote Matt Taibbi, rather than Blankfeins claim of "doing Gods work" !
Posted at 12/1/2011 09:41 by gopher
Class actions are where they are ahead of us in terms of investor protection, the Natwest rights issue in 2008 was never challenged in the courts, Fred Goodwin would have risked jail in the US.

APAX dumped this on investors at the top, the learning experience is around buying from private equity rather than anything specific to PRW. In 2011 I think we shall get close to arriving at a true value for this business which is somwehere between 40p and 100p. Not a bad statement IMO.
Posted at 05/1/2011 09:51 by masurenguy
Their main competitor Smart Technologies is also down 55% from their IPO last summer and are being heavily shorted in the US.

While the education market has some investors thinking Smart Technologies' will learn to grow its whiteboard business in the space, cash-strapped state governments have others thinking it's right that the stock is trading at almost half its IPO price. CAPS investor sdwcheney recently noted that IT spending in education is not a top priority:

Smart Technologies will be going down as long as the states are cutting education budgets. Most schools are using all of their money for teachers and building upkeep, and are lucky to get budget for that. Even if it were receiving the attention it deserves, education IT spending doesn't appear to be a hot growth market anyway. The industry researchers at Gartner estimate that worldwide spending on hardware and software in educational IT market will grow from $16.5 billion in 2009 to $18.6 billion in 2012. That's just a 12% increase over three years, which is hardly a scorcher.



They are also facing two class action lawsuits claiming that investors were misled at the IPO:
"The class action complaint contains allegations that SMART Technologies, certain company insiders and the IPO underwriters violated the Securities Act of 1933 by failing to disclose in the IPO registration statement and prospectus that company sales had been adversely impacted by integration and internal control issues, and failed to reveal a slowdown during the second quarter of fiscal year 2011. Company insiders sold over $500 million worth of stock in the IPO."



Leaving aside the lawuits it appears that SMT are suffering from similar market issues as PRW !
Posted at 20/11/2010 11:18 by davidosh
Kimboy2.....good to see you joined in here at the same point as me. I am going to contact the directors to see if I can arrange a presentation for investors as the market cap has fallen to a level where it is clear the original instos have been selling following the IPO and they will be increasing their dependence on new investors whether smaller instos or PIs. They can bring their own whiteboard...lol

Are you not coming to the MUBL presentation next Friday ?

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