Science Share Discussion Threads

[cockneyrebel] 25/7/2011 08:13

making new highs today but still way too cheap imo.

CR

[cockneyrebel] 25/7/2011 07:46

might commence divi's at year end perhaps? Or the coming year? Sounds like they have expansion plans in the US so perhaps they need a bit for that.

They have enough to easily pay an 8p special divi if they decided to give shareholders the cash.

CR

[theophilus] 25/7/2011 07:42

I must have overlooked something.

They are not short of cash.

Is there any mention of dividend payment?

Th

[greenroom78] 25/7/2011 07:30

Pleased I bought in ahead of these results. Doubt i'd get mid 80s now, I was expecting a decent set but these are amazing. How this is under 100p is beyond me.

[cockneyrebel] 25/7/2011 07:27

Absolutely cracking results - these are set to do 10p eps this year at this rate, miles ahead of current forecasts.

Net cash has risen to £10m from £6.6m, that increase is equivelent to 10% of the mkt cap - total net cash is 30% of the mkt cap.

10p eps this year would probably mean 12p eps for the year ahead at this rate - a fwd PE of 7, ignoring the net £10m cash.

Looks very cheap to me.

CR

[theophilus] 25/7/2011 07:08

INTERIM RESULTS

FOR THE SIX MONTH PERIOD ENDED 30 JUNE 2011

Sagentia Group plc is an international technology consulting company providing outsourced R&D consultancy services from market analysis, through product development to transfer-to-manufacturing for the medical, consumer and industrial sectors.

Summary:
·
Operating performance substantially ahead of expectations at start of year
·
Underlying revenue growth rate of Consulting fees of 22%
·
Operating profit increased by 101% to £2.3 million (H1 2010: £1.1 million)
·
PBT increased by 114% to £2.0 million (H1 2010: £0.9 million)
·
Basic EPS of 4.9p (H1 2010: 3.9p)
·
Cash balance of £17.7 million (H1 2010: £12.5 million) and net funds of £10.1 million (H1 2010: £6.6 million)

------------------------------------------------------------------------

Th

[orange1] 16/7/2011 09:44

Brent Hudson in bullish mood:

"We aim to continue our organic growth at 10-15% a year, with M&A on top, and we have already talked to a number of companies, local and elsewhere. Discussions are ongoing.

"We are recruiting hard at the moment, particularly for embedded systems, where we are desperately short of staff; we need 20 people now."

The company has been doing particularly well in the US, but Mr Hudson wants to grab more in the UK. He says women's health and emerging markets, such as China, are where to look.

[greenroom78] 15/7/2011 10:33

I've bought in here today. I did my DD a week or so ago and was close to pulling the trigger at 75p, didn't and then missed my chance. I thought i'd wait a bit to see if it backtested the breakout but thought I better get in before the run up to the results. Good earnings and strong balance sheet.

[cockneyrebel] 10/7/2011 10:10

Yep, I think the net cash of £8m has been pretty much ignored here Electronica. 25% of the market cap.

CR

[electronica] 10/7/2011 08:36

I'm particularly looking forward to the Interims on the 25th of this month.

We will then be able to properly calculate an enterprise value for this excellent company - the cash in hand & property held for sale will really illustrate the v low P/E on the ptp return on the capital actually being used in the business.

[cockneyrebel] 09/7/2011 21:08

Chart breakout last week - start of a steeper uptrend imo



CR

[cockneyrebel] 09/7/2011 13:45

Arbuthnot have upgraded to strong buy - £3m pbt and 7.1p eps before the interims are out. £3.4m and 8.1p eps next year is the new forecast - good chance they'll reach that this year imo.

I'm thinking my £3.3m pbt is looking conservative. Growing profits at 50% p.a. at least and a single digit fwd PE in all liklihood imo.

CR

[cockneyrebel] 07/7/2011 11:07

H1 2010, Sales £9.9m, pbt £942k
H2 2010, Sales £10.9m, pbt £1.2m.

On £1m more sales they made another £250k pbt.

If they are saying H1 sales this year is up 20% to £11.9m then the pbt for H1 must be £1.5m or more imo.

Should leave them on course for £3.3m pbt imo, probably 8p+ eps this year and 10p next year on that basis.

Just back of the ciggy packet estimates but when you consider the eps this year is after paying tax when last year they got a credit then the real growth rate is masked but the pre-tax profit is gowing at around 70% here and sales growth of 20% - that's extremely good imo and warrants a much higher fwd divi than 9 imo.

CR

[interceptor2] 07/7/2011 09:11

Great statement today which bodes very well to full year results. Unfortunately I sold my holdings @ 78p a few month's back to buy another stock. :o(

Hopefully I will have an opportunity to buy back in.

Well done to holders here.

ic2...

[chester] 07/7/2011 08:52

Nice one. Thanks for the heads up on this one CR.

[cliley454] 07/7/2011 08:30

With revenues up 20%+ this is still way too cheap imho.

Off topic, take a look at MDZ, I've just posted some important news on the bb which is yet to be announced by the company.

[cockneyrebel] 07/7/2011 08:16

If revs are up 20% and that continues for the year the full year revenues will be £25m. Brokers are only forecasting £22m sales with their revised forecasts.

If the year beats by £3m sales then profits will come in way higher imo.

Interims in two weeks.

CR

[stegrego] 07/7/2011 08:02

The share that just keeps giving....
100p ahoy.

[cockneyrebel] 07/7/2011 07:57

These are going to beat by miles - revenues 20% up is way over forecasts and if revs are up that mush earnings must be way up - confident if you can say the year will be materially ahea before the interims are out imo.

CR

[tech] 05/7/2011 15:59

managed to get a few at 78p

[cockneyrebel] 05/7/2011 15:57

Good buying today, on the up.

Can't get any online here.

CR

[cockneyrebel] 27/6/2011 11:50

Creeping up - results not far away.

CR

[truffle] 27/5/2011 13:13

I think Oregano has summed it all up pretty well.
It looks very solid with good upside potential.

[cockneyrebel] 27/5/2011 11:39

On the up again.

I think the new Chairman was the big buy signal here, oregano - former Dell man and the fact he bought 29.9% of the co too means a lot of skin in the game imo.

CR