Quarto Share Discussion Threads

[longfield123] 09/1/2006 14:26

Quarto at 200p now (up 8% today) has a hidden assett. It owns the copyright to a huge catalogue of previously published books. It can adapt redesign or reprint any of these books to suit the market requirements . It owns The 'Atkins diet" rights (I believe). and lots of geography /cookery /garden books. The value which is not stated in its accounts is the" back copyrighted catalogue" of Books which it owns. It will be swallowed up one day by a company wanting to get the Copyrighted Cataogue. Good investment DYOR

[battlebus] 03/1/2006 17:58

Could be something in the offing ,trades today?

[battlebus] 24/10/2005 11:17

Can see the 1.75 mark for the short term.The figures are,nt that bad but debt means a sure mark down.

[battlebus] 03/10/2005 17:55

I only wish i was able to do the same but will have to wait for the divi to reinvest.Nice to see a small rise on the back of those comments after Waterstones hit confidence last week.The UK book market is looking a little shakey at present but with the right purchases that can be overcome.

[jeff h] 01/10/2005 12:10

John Lee in his FT column says he's been buying more:-

"I've also bought more shares in shrewdly managed book publisher Quarto, which with its single figure price/earnings ratio is trading well below those of its peers"

[battlebus] 11/9/2005 19:37

Thanks Jeff expecting to see a rise over the coming weeks with fewer sellers around.

[jeff h] 10/9/2005 20:02

Snippet in today's Mail with Oriel Securites saying BUY at £2.03
with a re-rating overdue.

[battlebus] 05/9/2005 19:59

Any views on interims? A few sellers have jumped ship at the first signs of tough trading but with growth still apace they might have gone a little to soon. Another purchase could happen at any time bolstering profits.

[scottishfield] 01/9/2005 11:38

Bbus, tomorrow (Friday)

[battlebus] 24/8/2005 19:24

No date yet as to results?

[drw1] 09/8/2005 17:26

Been steadily increasing the divi for a couple of years now,sure that will continue.Recent results have also tended to beat expectations and would not bet against it this time as well.

[battlebus] 09/8/2005 17:20

Price started to drop earlier today until buyers returned including myself and kept it steady.Yes interims should be interesting with acquistions under the spotlight and perhaps a small divi increase.

[drw1] 09/8/2005 12:24

Interims released on 20th August last year,notice of results will probably be issued this week-should focus a few investors.

[jeff h] 08/8/2005 17:50

I've been buying recently (fortunately before today) on the back of:-

- currency movements (weak dollar cost the co. 500k stg last year)
- acquisitions
- organic title growth
- less dilution due to not all Pref holders converting
- debt fixed in USD (so no additional cost if US Rates increase tomorrow)

.....perhaps with JL updates in the FT this co. will get the exposure it
deserves.

[battlebus] 08/8/2005 16:52

Price heading in the right direction again with strong trading today.

[drw1] 08/8/2005 09:11

Perhaps we will finally get that racy PE of 10 before results!

[drw1] 08/8/2005 09:04

One of the points John Lee ommitted to mention is that this stock is a net beneficiary of any Dollar recovery.

[battlebus] 06/8/2005 17:15

Thanks JOHN ,Quarto for years has been a growth story with little recognition maybe just maybe that might just be about to change and articles in the ft can only help. There should be a steady rise to results due shortly.Long term very rewarding indeed.

[johnrxx99] 06/8/2005 10:03

A good rightup in the FT:-

[jeff h] 10/4/2005 11:43

Cheers for the post mdchand

[battlebus] 10/4/2005 11:38

There is no doubt Quarto is undervalued and after aquisitions £3.00 WILL BE ACHEIVED though timescale is some what harder to predict,still in topping up mode while management(excellent)enlarge the group.

[mdchand] 09/4/2005 11:24

battlebus - you might enjoy the following broker note from CS (issued 8/4/5).

Quarto Plc

Quarto has conditionally agreed to acquire Premier books, which is New Zealand's leading display marketing book business. This operation is very similar to the Lifetime books operation, which the group owns in Australia.

The consideration is £2.1m for 70% of the business, the retained management will hold the remaining 30%, payment will be out of the groups existing facilities. In the year to March 2004 the business reported pre-tax profit of £0.37m on sales of £3.5m. In the year to March 2005 the business is expected to report profits of £0.56m on sales of £3.84m.

The acquisition fits with Quartos stated aim to increase the scale and diversity of the operations and is the fourth acquisition since the conclusion of the strategic review in 2003.

We are upgrading the December 2005 forecast from Pre tax profit of £6.6m to £6.8m and December 2006 from £7.3m to £7.8m. This gives earnings of 24.8p and 25.6p. At today's price of 196.5p the shares trade on only 7.9x to 2005 and 7.6x to 2006. The group is clearly enjoying good trading conditions and is executing on its review plans and this is currently not reflected in the rating.

[battlebus] 08/4/2005 22:25

On the aquisition trail again, this time New Zealand, seems good for 200k profit.

[battlebus] 21/2/2005 21:51

Yep they have still a long way to run,can easily see £3.in months ahead with more aquisitions on the way.