Rm Share Discussion Threads

[tratante] 06/2/2019 11:07

Been in and occasionally out of these for a long time now. What with a good divi and the occasional large hike in the price they've done very well for me. I'm surprised they get so little attention.

[thorpematt] 05/2/2019 20:34

well based on today's rise I'd say yes.

It's still very quiet here AND I do believe this is under the radar somewhat.

A boring stock perhaps but with an incresingly large barrier to entry (moat) plus significantly rising operating margins.

A 15% divi hike is certainly going to raise some eyebrows. Depsite the generous yield forecast shows it to be very well-covered indeed and I can't help but feel that this stock ought to appeal to a lot of IIs and PIs as a under-priced, safe divi yielder.

I dod note the CFOs comments on upcomif cap-ex but clearly these are driven by opportunity (to enhance growth and make savings) as opposed to negative necessity AND the rate this bsiness is spinning of cash it won't be a problem.

All IMO of course.

[podgyted] 05/2/2019 08:16

Good set of results.

Beat current year forecasts and I suspect those for next year will be raised significantly. Wonder if this will be enough for the share to rerate.

[podgyted] 12/12/2018 12:49

IC

"At 205p, the shares are down on our buy tip. But this gives a multiple of just eight times forecast earnings; hardly demanding – particularly against the broader software and computer services sector in which it sits, and for a company that is seemingly making progress across all three of its divisions. We retain our buy recommendation."

FWIW "For house broker Numis, the shares are “materially undervalued”. Analysts here have upgraded their operating profit and EPS forecasts for the 2018 financial year by around 3 per cent, taking the former to £26.8m from £26m, and the latter to 24.3p from 23.5p."

[thorpematt] 15/8/2018 20:07

Tribal (TRB) might be a peer perhaps?

If you take the wider sector and call it a discount then you are comparing it in the proffessional and commerical services sector which encompassses all manner of different business models. (Highy irrellevant to do so in my view).

I think you also have to adjust for pension defecit to understand the low valuation here.

I'd also add that the growth forecast is minimal which is why the forward PEG looks bad / overvalued. Some people use forward PEG as their whole valuation model.

If you take Ben Graham's model of valuation (and I'm drastically paraphrasing here), he would equate a no growth company at 8.5 x earnings as an example.

[tratante] 14/8/2018 13:21

Welcome mobtheplod. Not many about here, but agree with you this is a good prospect. Very low rating for some reason. IC tipped it recently.

[mobtheplod] 14/8/2018 11:02

Wow, such a quiet board here, like the look of this one, bought in yesterday.

[tratante] 19/7/2017 22:12

They don't say, the comment is in a brief summary at the end of the results column.

[bigbertie] 19/7/2017 11:05

who are the peers?

[tratante] 19/7/2017 10:52

Gets a Buy recommendation in IC based on results. Undervalued (forward PE of 9). Cheap compared to peers.

[tratante] 01/6/2017 07:26

Timely coincidence, cleared to go ahead, completion expected end of June.

[alokarya] 31/5/2017 10:31

Considering buying but will wait at the moment.

[tratante] 31/5/2017 10:12

When do we expect news of the acquisition, might give share price a boost. Referred to panel don't know how long these things take.

[alokarya] 30/5/2017 15:55

Will 170 support hold?

[tratante] 07/2/2017 11:57

It was already cheap at the price, latest acquisition makes it even cheaper looking ahead.

[tratante] 07/2/2017 08:49

Acquisition a great fit to RM. no debt purchase immediately adding to bottom line. Great move.

[tratante] 31/1/2017 09:59

These trading on a lowly PE of 8. Surely due for a re-rating.

[tratante] 02/12/2016 12:43

Very quiet on this board. Trading update in the next couple of weeks. It's fallen back a lot over the last six months. Any thoughts as to why and where we might be going next?

[b1ggles] 29/4/2016 10:55

It doesn't. The spread (133-140 ish) hasn't been changing much for a while.

It's just that ADVFN misleadingly shows the last trade as the 'latest price'; if it was a buy it appears higher, if it was a sell it appears lower.

[9degrees] 29/4/2016 09:24

why does this share go up every morning and down again at night ?? with very little volume ??
eg up 4+% this am

[blunderbuss] 01/12/2015 07:37

Falling?

Has been trading in the 160-170 channel for 2 months

[tratante] 26/10/2015 10:19

Anyone thoughts on why this is falling? Good results, recovery going nice increase in divi and usually does better in second half.

[tratante] 06/7/2015 13:02

Continues to make good progress. Divi increased by 25% - very nice!