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Share Name Share Symbol Market Type Share ISIN Share Description
Scholium Group Plc LSE:SCHO London Ordinary Share GB00BJYS2173 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 32.50 30.00 35.00 32.50 31.30 32.50 0.00 08:00:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Forestry & Paper 7.3 0.0 -1.9 - 4

Scholium Share Discussion Threads

Showing 151 to 175 of 225 messages
Chat Pages: 9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
23/2/2016
20:25
Yep the share price would suggest this company is heavily loss-making but its eked out an H1 profit. If things continue to improve in H2 I think the shares will rerate closer to NAV.
hugepants
03/2/2016
16:05
Still like this stock and will add to my holding. House broker also likes them as an asset play which is no bad thing in current markets imv... Scholium is a unique alternative asset play focusing on the rare and collectible books market. After a difficult period since joining AIM nearly two years ago, we think 2016 will be a much better year for the shares and the current valuation of just over half net asset value makes them an attractive value play. Scholium also has scope for M&A in our view, building on its quoted status and with many opportunities in a fragmented collectibles market ripe for consolidation. This would be the icing on the cake. Scholium should offer value and excitement in 2016. Buy. · Interim results showed a rebound in performance December’s interim results showed impressive revenue growth (+38%) and a return to profit, quite an achievement given the dearth of Russian and Eastern European buyers over the past twelve months. This performance was due in part to diversification into other stock areas as well as the careful management of costs. Scholium Trading, in particular, is starting to generate the returns envisaged with a £463k H1 revenue contribution versus virtually nil last time. · Change to stock mix is paying off The Rare Books business of Shapero Books has deliberately shifted its stock focus to more resilient sectors reflecting the change in market conditions and away from Russia / Eastern Europe. Whilst this proved a successful exercise, it did lead to some sales at slightly lower margins with an overall gross margin of 33.3% versus 36.6% for the whole of last year. In addition, Shapero Modern selling modern art prints made a meaningful contribution to H1 revenue of £235k. · Strong balance sheet, Scholium is a value play Scholium’s balance sheet comprises mainly cash (£1.6m) and inventory (£7.3m), these two items alone accounting for around 50% more than Scholium’s current market cap. The net asset value per share of 74.7p at the half-way stage can be expected to improve moving forward as Scholium’s profitability kicks on thus making the shares an attractive asset play. This is our primary valuation metric: even applying a conservative 20% discount to factor in any stock risk suggests fair value of 60p per share. · With the business back in profit, 2016 should be a much better year For most of 2015, Scholium traded at a sizeable discount to its NAV. Now that profitability has been restored, there is scope for this discount to narrow substantially whilst the prospect of a dividend in due course would increase the shares’ attractions to a wider range of investor. Scholium is one to watch in 2016.
battlebus2
09/12/2015
07:24
http://www.investegate.co.uk/scholium-group-plc--scho-/rns/interim-report-and-financial-statements/201512090700064123I/ Profit of £6K versus a loss of £215K during same period last year. Certainly looks good value given the asset backing. They raised £8M at 100p last year.
hugepants
09/12/2015
07:17
any holders out there,anyone care to comment? for a company with a market cap of 5m,this don't look too shabby.. December 09, 2015 02:00 ET (07:00 GMT) The group remains very well capitalised. On 30 September 2015 the Group had a strong balance sheet with cash balances of GBP1.62 million (30 September 2014: GBP2.63 million) and stock of GBP7.4 million (30 September 2014: GBP6.5 million). These supported Net Assets of GBP10.2 million (30 September 2014: GBP10.5 million). The Group had no debt but has a GBP0.5 million facility with Coutts. Outlook The international political instability of the last twelve months which impacted a number of established customers created a challenge for the management team, but we are delighted that they have responded admirably and managed to reposition stock, increase revenue and gross profits, reduce the cost base and return the business to operational profitability. The performance of the business over the first six months and the start of the second half is encouraging and we look forward to the prospects of the second half of the year.
boycie1
08/12/2015
11:00
results tomorrow
hugepants
26/11/2015
10:29
Decent article here from last year on the IPO. http://www.thisismoney.co.uk/money/investing/article-2576391/MIDAS-SHARE-TIPS-Rare-book-dealer-Scholium-plans-float-buy-fine-collections.html
hugepants
19/11/2015
08:59
Are there any other listed companies in a similar business to SCHO to compare? ie the rare collectibles business. Avarae (AVR) is probably one. Rare coins company released results this morning. They posted a small loss and valued at 20% discount to NAV. The NAV is basically the net value of the inventory, similar to SCHO. SCHO looks way undervalued if they have returned to profit and maintain dividend. Should be nearer 60p IMO.
hugepants
18/11/2015
07:22
Results date announced as December 9th.......
battlebus2
17/11/2015
15:29
40p looks like the base, a few buys lucky enough to get them at that price before the tick up.
battlebus2
11/11/2015
12:21
Results due early December, 3-4 weeks.
androyd
11/11/2015
11:25
if it slides to 30p it kind of defeats the purpose of holding for results! There's hardly any volume just short term traders probably selling for a loss...
boycie1
11/11/2015
10:11
Yep just a little patience, don't see us sliding any further especially not to 30p but dyor etc.....
battlebus2
11/11/2015
09:47
Still here. Seen this before ! True value is only presumed but with 6 weeks approx until results we could well slide lower. Plenty of support at 30p however.
traidemark
04/11/2015
16:20
Yes still here... there is no catch or any guarantee the market will rate the shares at NAV or near until we see the next results, reassurance is the word i'm looking for so just being patient until the end of December.
battlebus2
04/11/2015
14:41
so NAV of 73p but trading at 45p. What's the catch??? is anyone still there!
boycie1
29/10/2015
16:58
Tick up at the close. This moves on very light volume.
traidemark
28/10/2015
18:32
Good to see you here playful..
battlebus2
28/10/2015
17:16
If we don't see this above 60p before Christmas I'd be surprised
playful
28/10/2015
13:57
Yes good to see, a long way to go to get anywhere near that NAV of 73p.
battlebus2
28/10/2015
13:35
Good timing. This was bound to happen. Just needs time to re-rate.
traidemark
27/10/2015
19:51
Just had to buy since these are too cheap now after a great update. Divi may be reinstated at half year since they are making a profit whereas last year at half year they made a loss but still paid a dividend.
silkywhite
26/10/2015
07:20
W.H.Ireland appointed broker....
battlebus2
21/10/2015
08:48
Very little stock around so it will quickly move to value on news. Earnings are going to be very good and are only a few weeks away.
traidemark
21/10/2015
08:34
The volatility in the Russian market etc may actually prove to be a long term benefit to the company as it forced their hand to diversify and find new markets. Looking good for another rise after a little pullback after last weeks news...
battlebus2
20/10/2015
14:01
Well i've had a good look here and decided to invest after the shares have fallen back after the 50% rise. Looks great value at only 5.5 million market cap and as trademark points out NAV of 73p with 1.5 million cash. dyor etc....
battlebus2
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