Quarto Share Discussion Threads

[playful] 04/3/2016 22:41

Indeed we are...

[battlebus2] 04/3/2016 16:18

Finishing the week in style. Thanks CFRO, wish I'd done the same at SGI.

[cfro] 22/2/2016 16:14

Well, have to hold my hands up and admit to being wrong with my surmises here with the share price into new highs today.

Well done Interceptor2 and others who hold.

Clearly it would have just paid for me to climb onboard after the upbeat trading statement and asked questions later.

[cfro] 03/2/2016 09:42

I am assuming then that whatever they paid for Harvard Press that this will add to debt.

As an aside, just reading through the last interims and Q3 results which were only inline. Traditionally the fourth quarter is the strongest which has been again this year. Management have stated this needs to be so as earnings can increase yoy.

Seems to a business that relies on one single quarter for overall performance.

Earnings are ahead of managements expectations..

I wonder what managements expectations are?

[interceptor2] 03/2/2016 08:41

I share your frustration cfro, I see no reason why they shouldn't provide some details in the RNS. It is no excuse but I would guess that the valuation of the acquisition is fairly insignificant compared to the valuation of QRT, I have found an estimate of Harvard Common Press revenue, but can't see what year this refers to. See below...

"More Details for Harvard Common Press
Categorized under Books, Publishing Only. Our records show it was established in 1979 and incorporated in Massachusetts. Current estimates show this company has an annual revenue of $2.5 to 5 million and employs a staff of approximately 10 to 19."

[cfro] 03/2/2016 07:47

Acquisition of Harvard Press, but no details given re price paid and how it is to be funded.

How are shareholders supposed to make informed decisions?

[playful] 23/11/2015 14:29

Thanks BB2,

I use the directors talk website RSS feeds and add them to my bookmarks,so with QRT it would be www.directorstalk.com/epic/QRT/feed/ you just change the ticker for each company. It doesn't work with all aim but it's convenient to have company news delivered via RSS feeds…. well it is for me anyway.

[battlebus2] 19/11/2015 21:56

Worth a watch playful..

[playful] 18/11/2015 22:31

Yes, not too many because the future of book publishing is in uncharted territory with digital, but they seem to nurture very specialist author talent and the back catalogue is always there to support author development.

They did talk about the digital cook book that you can personalise with your favourite recipes but it was still in development at the time.

[battlebus2] 18/11/2015 21:33

Didn't realise they did a Mello presentation, did you buy a few?

[playful] 18/11/2015 20:06

Enjoyed their presentation at mello last year thought they came across well and l liked the print your own cook book idea.

[battlebus2] 18/11/2015 17:52

Harewood have sold out along with Wellcome so it looks like job done here, up 50% from they intervened.

[brownie69] 26/8/2015 11:48

Anyone know anything about how the debt is structured and when repayable etc?

[battlebus2] 11/8/2015 19:21

Continues to rise,P/E still only above 8......yes there is debt but we are making inroads..

[battlebus2] 10/7/2015 16:50

Good move today....

[housemartin2] 03/7/2015 12:39

Lord Lee or John Lee but not Lord John Lee, I think you will find.

[davidosh] 03/7/2015 01:13

Lord (John) Lee recommended looking at Quarto as a company worth researching at the ShareSoc Masterclass event this evening.

[battlebus2] 08/4/2015 19:11

Great to see these back at £2 again. The recent results are a good read, sorry to say it but progress has been made from Larry was forced out of his position.
Who knows we may see another Mills buy out..

[battlebus2] 12/8/2014 07:45

A tough year but they still remain optimistic, dividend has been held.

[battlebus2] 08/5/2014 07:09

Q1 INTERIM MANAGEMENT STATEMENT

The Quarto Group, Inc. (LSE: QRT), the world's leading global illustrated book publisher and distribution group is issuing its Q1 Interim Management Statement for the three months ended 31 March 2014.

Trading update

Historically the first quarter has been the Group's smallest quarter by revenue. Revenue for the quarter to 31 March 2014 was $29.4m (quarter to 31 March 2013: $32.0m). Revenue in 2013 included the contribution of The Image Factory printing business that was sold in September 2013. Underlying revenues were down 1%. Revenue for the Group's publishing businesses was level on the prior year at $22.0m. Revenue from Books & Gifts Direct revenue was down but trading overall was in line with its turnaround plan.

Financial position

The Group's net debt on 30 April 2014 was $82.5m (April 30 2013: $91.3m). Net debt, at constant currency was down $11.0m, at $80.3m. This reduction reflects the ongoing focus on debt reduction that includes the sale, completed in March, of a property in Switzerland for $1.8m resulting in an exceptional gain of $0.6m.

Outlook

On the basis of current levels of trading, the Group is on track to meet management expectations for the year and deliver both debt reduction and organic growth.

[davidosh] 01/5/2014 23:35

It is always good to see companies doing presentations at the Agm...

The Annual Meeting will be held at Quarto's offices at The Old Brewery, 6 Blundell Street, London, N7 9BH on Thursday, 22 May 2014 at 14:00. Prior to the meeting, there will be a Shareholder Presentation and Q&A with a sandwich lunch provided, starting at 13:00.

[malcontent] 27/2/2014 12:04

bought my first tranche today

[spooky] 26/2/2014 11:33

One question i have is that the shares are not traded by all brokers because they are not in Crest, is there any chance of them changing that?