Rws Share Discussion Threads

[jeffian] 11/10/2011 10:39

Morning, Phillis. It shows the advantages of having/generating cash. Although the deal doesn't seem to have caught the market's imagination yet, it's great to be able to make a move like this when others will be constrained by lack of banking liquidity. The effect of the delayed completion plus current levels of cash generation mean they will almost be paying for it out of cashflow. Onwards and upwards!

[phillis] 11/10/2011 07:53

fast growing acquisition
Pay as you go (or perhaps grow!)

[mw8156] 09/10/2011 21:12

Trading update due soon...

[phillis] 27/9/2011 17:52

mafia
may I offer "a brain"

Jeff
funny how these guys suddenly appear isn't it?
Lots of small purchasers and no sellers with a determined Chairman in the background ready to wield his buy-back weapon

[jeffian] 26/9/2011 19:58

Quite a lot, apparently.

The figures you quote are 2010 vs 2009, not 2011 vs 2010. 2009 profits were flattered to the tune of £4.4m by the release of a tax charge ("A corporation tax provision of £4.4 million in respect of capital gains realised in 2003 was released in 2009 as offsetting capital losses were agreed by HM Revenue & Customs") and 2010 was impacted by £300k of adverse exchange rate conversion rates. If you strip these out, 2010 profitability was marginally up on 2009 but strong growth has resumed in 2011 with Interims ahead by 21.7%

[mafia music] 26/9/2011 00:13

am i missing something ??

[mafia music] 26/9/2011 00:12

Profit After Tax 2011 9.75 2010 14.48

profits for the year are down so not that good.?


whilst revenue has increased past 5years
Revenue 2011: 60.62 2010: 55.32


whilst Total Dividend has increased year on year
2011: 13.40p 2010: 11.65p

EPS Earnings per Share - Basic 2011: 23.20p 2010: 35.00p


With profits of 9.75m the company is valued quite highly.

[robinnicolson] 19/8/2011 20:14

Another article on the smartphone patent wars.

[davidosh] 19/8/2011 20:02

You can say that again ! Three times now it has been up significantly on horrible days in the market. I wish it was a larger part of my portfolio rather than just under 2%...mind you it is growing as only just over 1% before the recent weakness but the rest are diminishing fast...yuk !!

RWS has now doubled in exactly a year. The purchase of the freehold will help increase earnings by reducing costs this year too. Year end is next month and there is usually a trading statement so hopefully they will be ahead of forecasts at around 30p eps (H1 was 14p and H2 is usually stronger) Earnings were 21% ahead at the halfway mark and they will have net cash of around 70p per share by the finals.

You could certainly argue that for the growth around 20% and great balance sheet equating to an EV of about 10 going forward RWS is still cheap. The dividend is about 4% to so nice healthy return here with income and growth.

[jeffian] 19/8/2011 19:28

Blimey! It doesn't want to go down, does it?!

[alter ego] 18/8/2011 10:57

well done Phillis for your detective work.

[phillis] 18/8/2011 09:09

and here you have it in a nutshell

[phillis] 17/8/2011 18:01

no sellers

corporate action must be due soon

[jeffian] 17/8/2011 17:10

Closed on a new high! (Can't say that for many in my portfolio at the moment!)

[davidosh] 16/8/2011 19:51

Unlike most of my small cap investments that fell on average by 25% or so over the last month RWS has only fallen in line with the general market and has recovered better than most of the FTSE stocks.

Phillis....We are months away from another dividend having just had a payout in July

[jeffian] 16/8/2011 18:57

That was a nice close to the day! Remarkably resilient in a pretty cr@p market.

[phillis] 24/7/2011 17:58

Look at that graph phillis

yes, v impressive


when is the next dividend due etc etc

[phillis] 14/6/2011 15:20

...and higher still thanks to a little trading bot

[phillis] 14/6/2011 11:37

...and higher

[phillis] 10/6/2011 18:54

heading inexorably higher

[mrangry2] 09/6/2011 09:58

Recommended buy in today's Shares magazine

[robinnicolson] 03/6/2011 17:07

Yes, an interesting article by Growth Company... I hadn't read anywhere else about that possible internet acquisition and its financial implications.

Peel Hunt maintain their buy recommendation and believe the shares are good value. They anticipate upgrading their FY2011E forecasts by 5-10%. They previously had a PT of 420p

[indonesianbachelor] 03/6/2011 14:59

GCI piece on RWS

[phillis] 03/6/2011 07:35

...and that will do very nicely

[phillis] 01/6/2011 18:25

and looking forward to Friday's RNS