Rubicon Software Share Discussion Threads

[waldron] 11/9/2022 06:18

Rubis shares were among the strongest risers on the SBF 120 index on Friday morning on the Paris stock exchange, with the fuel and chemical products distribution specialist benefiting from its latest business update.

In a press release published yesterday evening, the group, which has a strong presence in Africa and overseas, said that the first half of the year was marked by 'excellent growth' in its volumes and results.

Rubis reported a 60% increase in turnover for the first six months of the year, to €3.29 billion, based on a 7% increase in business volumes, which put it 3% above its pre-Covid levels.

The company says the Caribbean region was the main driver of growth thanks to a strong recovery from the health crisis and a favourable comparison base.

Current operating profit (COP), its most closely watched profitability indicator, climbed 30% to €244 million for the half year, up from €188 million a year earlier.

For the full year 2022, the group said it was confident in its ability to generate 'good growth' in its results despite a normalizing basis of comparison and the current economic uncertainties.

At 9.45am, the stock was up 4.2%, compared to a 0.7% rise for the SBF 120.

Translated with www.DeepL.com/Translator (free version)

[the grumpy old men] 01/5/2022 07:41

SOUNDS DIRE

[waldron] 25/11/2021 07:48

Upcoming events on RUBIS

jan/11/2022 Oddo BHF Forum

feb/10/2022 FY 2021 Sales and Revenue Release

march/10/2022 FY 2021 Earnings Release

march/14/2022 Berenberg EU Opportunities Conference

may/05/2022 Q1 2022 Sales and Revenue Release

[waldron] 25/11/2021 07:42

Ruby: Berenberg remains with a BUX but reduces price target from 49 to 33 EUR

[waldron] 10/9/2021 20:17

French petroleum firm Rubis fell 8% after problems in the Caribbean region weighed on its otherwise improving first-half earnings.

[grupo] 08/7/2021 15:46

The Rubis share

For the 2020 fiscal year

A dividend of €1.80 per share, a 2.9% increase compared to the dividend paid for fiscal year 2019 (€1.75) will be proposed to the shareholders at the Shareholders’ Meeting of June 10, 2021, in respect of the year ended December 31, 2020, with payment of the dividend possible in either cash or shares. The price of the new shares to be issued in payment of the dividend to shareholders holding ordinary shares will be set on the day of the Shareholders' Meeting.

[sarkasm] 08/7/2021 14:03

September/09/2021 Interim 2021 Earnings Release

September/13/2021 Kepler Cheuvreux Autumn Conference

November/09/2021 Q3 2021 Sales and Revenue Release

[grupo] 01/10/2020 07:08

Goldman Sachs switches from buy to neutral with a reduced price target of 60 to 40 EUR.

[ariane] 22/7/2020 08:45

07/22/2020 | 08:07am BST

long trade


Entry price : 40.92€ | Target : 46€ | Stop-loss : 38.5€ | Potential : 12.41%

The recent downturn has taken Rubis shares close to a medium term support level around 35.7 EUR.

The timing for a long trade in the stock appears good.

Investors have an opportunity to buy the stock and target the € 46.

[ariane] 22/7/2020 08:41

Summary

The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

In a short-term perspective, the company has interesting fundamentals.

Strengths

The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 38.7 EUR in weekly data.

Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 35.7 support.

The company has attractive valuation levels with a low EV/sales ratio compared with its peers.

The company's attractive earnings multiples are brought to light by a P/E ratio at 13.06 for the current year.

The company is one of the best yield companies with high dividend expectations.

Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses

According to forecast, a sluggish sales growth is expected for the next fiscal years.

The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.

For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.

Below the resistance at 46.76 EUR, the stock shows a negative configuration when looking looking at the weekly chart.

[maywillow] 14/9/2019 15:03

52.1 EUR -1.70%

[maywillow] 14/9/2019 15:01

Mean consensus BUY
Number of Analysts 10
Average target price 62,45 €
Last Close Price 52,10 €
Spread / Highest target 34,4%
Spread / Average Target 19,9%
Spread / Lowest Target 5,57%

[sarkasm] 14/9/2019 08:33

Outlook

Operations should continue to progress in the second half of the year.

The Group will continue to explore development opportunities, both through organic and external growth.



At its meeting of 11 September, Rubis' Supervisory Board approved the interim financial statements drawn up to 30 June 2019.





Next meeting:

Third quarter sales revenue, 7 November 2019 (market closing)

[the grumpy old men] 12/9/2019 10:40

Summary

The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.

Strengths

Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
Historically, the company has been releasing figures that are above expectations.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The tendency within the weekly time frame is positive above the technical support level at 48 EUR

Weaknesses

The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
The stock is close to a major daily resistance at EUR 52.8, which should be gotten rid of so as to gain new appreciation potential.

[maywillow] 12/4/2019 13:39

French investment house Orfim will sell its 5.24% stake in energy-storage and distribution company Rubis SCA (RUI.FR) via a private placement, Rubis said Friday.

Orfim has been a shareholder in Rubis since 1999 and is selling the stake as part of a general reorganization of its structure, Rubis said.

Based on Rubis's closing price on Thursday, the stake would have a nominal value of around 254.1 million euros ($286.3 million), according to data from FactSet.



Write to Nathan Allen at [e-mail]



(END) Dow Jones Newswires

April 12, 2019 05:23 ET (09:23 GMT)
Copyright (c) 2019 Dow Jones & Company, I

[waldron] 01/1/2019 09:46

Financial calendar 2019

Q4 2018 Revenue (market closing)
FEB | 07

2018 annual results (market closing)
MAR | 12

Q1 2019 Revenue (market closing)
MAY | 13

General Meeting
JUN| 11

2019 half-year results (market closing)
SEPT | 11

Q3 2019 Revenue (market closing)
NOV | 07

[waldron] 01/1/2019 09:42

CHEERS

HERES TO A GREAT 2019