Restore Share Discussion Threads

[11_percent] 10/6/2019 12:13

Nice rise, even after going ex divi.

[trogerswinning] 15/3/2019 11:13

What is going on here? Nervous!!

[bunlop] 01/2/2019 18:54

What has caused the share price to drop so much over the last six months?

[cwa1] 22/1/2019 08:56

Peel Hunt has upgraded Restore to Buy with a price target of 475.00p

[dsct] 16/12/2018 14:07

Agreed with the last comments regarding the share price slump, although RST are not alone. With this in mind, RST along with a number of other shares now 'appear' to be underpriced. The decision(s) is/are - Will they go lower, should I top-up/buy and if so which shares.

Having bought RST in Aug 17 at just under 500p, I'm obviously down, so have been looking at their figures to see if I'm wrong, or if there could be an up-side.

I think I've been conservative, but I've doubled H1 figures and increased both revenue and costs by a further 10%, giving Y/E figures of:
Turnover: £209.2m
Gross Profit: £87.1m
PBT: £20.5m
Attrib Profit: £16.5m (Tax is calc'd at prior year % rate)
EPS: 13.2p
PE on 354p: 26.7

Doing the same but only increasing costs by 5% instead of 10% gives:
Turnover: £209.2m
Gross Profit: £92.7m
PBT: £29.0m
Attrib Profit: £23.4m
EPS: 18.8p
PE on 354p: 18.8 (coincidence that same as EPS)

That's quite a PE drop from the current 51 !

Last year we received a trading update at the end of January and results mid-March. I'll watch for a while, but if the share price holds at the 350p mark (or drops to 300p!), I will be topping up, by approx. 2/3 of my current holding, bringing my average purchase price to a 420p-440p range.

[markyjacob123] 06/12/2018 12:44

Back down at early 2017 levels. Hmmm.

[commiesy] 30/11/2018 10:55

This is now at the same level where it was roughly 18months ago. Given their TNT acquisition and anticipated revenue increases this seems a bit harsh. This share is out of favour...

[mrtenpercent] 17/9/2018 12:22

Investor's Champion raising serious questions about the accounts. Anyone care to argue against their opinion?
FD: I'm not an owner

[mfhmfh] 17/9/2018 08:33

Liberium capital today reiterates buy rating and 660p target price.

[mfhmfh] 17/9/2018 08:33

solid interim results IMHO. company continuing to grown revenue, profits, market share. dividend also increased by 20%.

[commiesy] 25/7/2018 17:20

Very neutral, down to Earth update - everything is on plan/satisfactory. Nothing is going badly, nothin is going amazingly.

[mfhmfh] 23/7/2018 16:44

solid update today IMHO.

Liberium capital reiterates buy rating and 660p target price.

[commiesy] 20/7/2018 07:51

The news yesterday about the CMA 'revoking the order' on this acquisition, but that the investigation continues... is my interpretation correct that the deal is not fully cleared yet by the CMA but that they don't see material impact on competition?

[commiesy] 20/7/2018 07:49

Thanks for clarifying.

[tday] 09/7/2018 15:11

Commiesy, Octopus has reduced its holding a tad.

[commiesy] 06/7/2018 12:31

Am I reading the last 3 holding RNS' correctly?Quilter has reduce position to below 3% thresholdOld Mutual has new stak of 5.78%And Octopus has increased to 10%?

[mfhmfh] 29/5/2018 13:07

PDMR bought 19,838 shares at 505p on 25th May, just over £100,000. hopefully a recovery of the share price from here.

[11_percent] 24/5/2018 09:09

It's not overdone.....it's a scam share now........they take it down, then ramp it up with good news.