Regenersis Share Discussion Threads

[callmebwana] 04/8/2015 10:36

Why the drop in share price today??
ATB.

[rivaldo] 02/8/2015 07:37

Late RNS on Friday - good to see UBS buying back in, adding around another 900,000 shares to go above 6% with 5m shares:

[rivaldo] 24/7/2015 11:55

New Edison report out:



"Valuation: Market too pessimistic on prospects

Given that the Nokia revenues were in decline anyway and the weakness of the
euro and zloty were also known, the fall in the share price on Tuesday of the same magnitude as the cut in FY16 estimates appears to us to be a severe reaction.

Our revised sum-of-the-parts calculation suggests a price per share of 307p (formerly 331p) and our reverse DCF analysis, applied to find a scenario that matches the current 167.8p share price, implies market expectations of zero growth beyond our published forecast period save for 5% pa improvements at Blancco."

[al101uk] 21/7/2015 14:02

You're right, I thought it was just a one off at first, but I need to go back and check my previous posts too.

[rndm355] 21/7/2015 00:22

You've mixed up your Matthews with your Michaels.

[rndm355] 20/7/2015 17:33

Ok al101uk, I think IC can probably look after itself but you can post whatever you like!

[al101uk] 20/7/2015 14:04

Graham,

I'd ask what is wrong with posting the disclaimer on the bulk of Investors Champion promotional material. In order to read your piece you must sign up, there is risk on both sides of the sign up process in that either you are accepting that you have "self certified" or Investors Champion has not done it's due diligence before giving you access to their material (a disclaimer at the end of the piece is apparently not enough).

Either way it serves a purpose, I'd question why you have a problem with it? It wasn't in response to your article, it was in response to the esteemed publication looking for customers here.

You could have engaged this board by posting your thoughts, you chose not too and instead three links were posted to the Investors Champion Website.

I'd respond to your other comments, but you see fit not to respond to any of mine, so instead I will agree with you in one respect and sign off on this matter...

Apologies to those who wish to discuss RGS, I'll keep my posts on topic from now on.

[rndm355] 20/7/2015 12:54

Apologies to those who wish to discuss RGS here, but al101uk, what is the purpose of pasting that disclaimer? The piece which I wrote was (obviously) not commissioned.

It always strikes me as crazy how people react to negative commentary around the shares they hold. I would be delighted if I saw vast swathes of negative commentary around the shares I own, as it would increase the probability of being able to buy them at a cheaper price. Or maybe I would respectfully disagree if I saw some purpose in having a debate. Not sure what you're getting out of your lines of attack, al101uk?

[al101uk] 20/7/2015 10:06

Investors Chronicle put almost the same article in their magazine this week.

[rivaldo] 20/7/2015 08:07

This weekend's FT featured RGS as a Buy highlighted in the IC:



"Buy: Regenersis (RGS)

The loss of work from a large client is disappointing, but the group is still on course to meet growth expectations, writes Emma Powell

Shares in Regenersis fell almost a fifth this week on news that a larger client plans to consolidate its European business with a rival. This will hit the group’s depot solutions business, which provides electronic repair services for consumer devices such as smart phones, tablets and digital televisions.

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [e-mail] to buy additional rights.


The company’s second division — software and advanced solutions — has become a driver of growth following software acquisitions during the 2014 financial year, as well as client wins.

After raising £100m last April, Regenersis acquired Finland-based Blancco, which provides data erasure software to governments, blue-chip companies and suppliers to telecoms.

The group also bought cloud data erasure business SafeIT Security Sweden and boosted its stake in Xcaliber Technologies, which provides smartphone diagnostics. As the data erasure sector is immature, management believes it is ripe for consolidation and intends to build on its software businesses.

During the first half of this financial year divisional revenue grew 42 per cent and more than doubled on a constant-currency basis. Meanwhile, headline profit increased 89 per cent on a constant-currency basis to £4.5m. The Blancco acquisition grew headline operating profit by 45 per cent at constant currencies.

Despite the sale of the company’s lower-margin UK mobile servicing arm during the latter part of 2014, its depot solutions arm also achieved growth in revenue and headline operating profit."

[al101uk] 19/7/2015 02:18

Definition of High Net Worth:

Earn at least £100,000 per year or have net assets (excluding your property, pension rights and so on) of at least £250,000.

Definition of a Sophisticated Investor:

have been a member of a business angels network for at least six months; or
have made at least one investment in an unlisted security in the previous two years; or have worked in a professional capacity in the provision of finance to small- or medium-sized businesses in the last two years or in the provision of private equity; or be or have been within the last two years a director of a company with a turnover of at least £1m.

A promoter will need to have a ‘reasonable belief’ that the self-certification has occurred. The self-certification has to be in writing, but a promoter will be able to rely on a verbal assurance that a person has self-certified as a sophisticated investor or HNWI. When accepted as a HNWI or sophisticated investor, the protections available for investors as regards the promotion of securities by a person authorised under the Financial Services Act are removed.

[al101uk] 19/7/2015 02:14

Highlights from Investors Champion disclaimer at the end of the bulk of their "research":

This document is issued by Investors Champion. Investors Champion does not undertake investment business in the UK and therefore does not buy or sell shares, although it and individuals and companies associated with it may own shares. Investor’s Champion Ltd does not make recommendations.

The conclusions and opinions expressed in this commentary accurately reflect the views of Investor’s Champion Ltd. The company commented on in this Commissioned Commentary pays a fee to Investor’s Champion Ltd in order for the commentary to be made available. While the information in the commentary is believed to be correct, this cannot be guaranteed.

This commentary is provided for the use of the professional investment community, market counterparties and sophisticated and high net worth investors as defined in the rules of the regulatory bodies. It is not intended to be made available to unsophisticated individuals. In the UK, any such individual who comes into possession of this commentary should consult their properly authorised professional adviser, or undertake one of the ‘self certified’ sophisticated investor tests that are available.

[rimmy2000] 16/7/2015 19:39

experience of this share is the price is always pushed to extremes on news.

[al101uk] 16/7/2015 15:01

Graham,

Well done on replying and may I say that I have stumbled upon your blog before and enjoyed it, believe it or not we have similar investment principles in many ways, concentrated value.

I think corporate governance on AIM in general is atrocious, unacceptable and in the main makes the bulk of the market uninvestable. I think corporate governance is ALWAYS relevant and should always be factored in to your investment decision. I hope that clears that up.

I didn't refute anything you said, I pointed out that the post had no balance and in some areas was contradictory in it's attempts to be negative. There were obvious areas of research in to which you didn't venture. If you'd spent less time casting a negative light in the piece and more time explaining the facts and the background you would have had a far better and more useful text.

[rndm355] 16/7/2015 10:55

Hi, Graham here (author of the paper).

If you think the corporate governance at RGS is bad but acceptable, that's great. At least you've thought about it. Plenty of investors won't be aware of the points I raised, and the purpose of the article is to warn them that it's potentially a very important issue. Well done to you for analysing it and deciding to invest anyway.

If you think my points are irrelevant, you're entitled to your opinion. For what it's worth, I don't think your counter-points refute anything I said. But I wish you the best with your investment anyway.

[rivaldo] 16/7/2015 10:48

Moving up - start of a decent bounce?

Excellent post al101uk, thanks.

[rndm355] 15/7/2015 16:16

hxxp://www.investorschampion.com/blog/entry/regenersis-plc-aimrgs-our-new-investment-insights-series-highlights-the-iss

[mattjos] 14/7/2015 21:40

Alternative view is that the directors do not usually focus on maximising shareholder value