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Share Name Share Symbol Market Type Share ISIN Share Description
Spaceandpeople Plc LSE:SAL London Ordinary Share GB00B058DS79 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% 11.50 11.00 12.00 11.50 11.50 11.50 4,400 08:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 2.8 -3.6 -17.2 - 2

Spaceandpeople Share Discussion Threads

Showing 651 to 673 of 1250 messages
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DateSubjectAuthorDiscuss
29/9/2014
21:07
hi StudentInvestor13 - thanks for your comments. I'll check what's with the bullhorn alert - we are using just a standard wordpress installation so not sure why you getting this messages - thanks for pointing out!
valueinvestorshouse
29/9/2014
20:46
Just released our first ever write up and it happens to be on SpaceandPeople: Based on our fair value estimate the stock offers a big fat juicy 82% upside from the current share price. Our estimate is based on a DCF fair value estimate of GBP 16.5m versus the current market cap of GBP 9m. Following are our key subjective assumptions: - full recovery in operating cash flows in 2016 to the average levels seen between 2011 and 2013 - zero growth after 2016 - maintenance capex at current depreciation levels in line with the zero growth assumption - 10% discount rate (WACC) here is the link to the full piece: wp.me/p57Kw2-K hope you enjoy this. comments welcome.
valueinvestorshouse
22/9/2014
12:50
interesting how difficult it was to buy that 7k this morning - was only third time lucky and it was impossible to get an RFQ. where are all the sellers please? does it mean it's the bottom (at least until the next news release....???)
vinnegar
18/9/2014
07:37
It clearly wasn't that ridiculous an idea.....how about being a little less dismissive in future just because you have a different view.
hydrus
12/9/2014
20:24
What a ridiculous idea, shorting an £8.5m market cap company that is profitable, cash generative, is cash/debt neutral, and has just pre-announced a 2p dividend for April 2015. Also terrible timing - why short something when the bad news is out, and the stock has already crashed? The time to short things is BEFORE the share price has crashed. I'm surprised you managed to get a borrow on something this small to be able to short it. Another point to note (which I have on good authority) is that Hargreave Hale have stopped selling, so the overhang has now effectively cleared. I'm seeing the company on Tuesday, but have already had a chat with the CEO. The situation is disappointing obviously, but the company is still profitable (including the busy Xmas period), and £700k overheads have been cut recently. Plus the reasons for the profit shortfall, when you drill down into it, are things that are genuine, but fixable. The company needs to be more conservative with its forecasting, and I think management need to step up a gear in terms of properly controlling the business, but in my view they've been fire-fighting various problems this year, but should get the business back on track next year. So for longs, it's just a case of being patient in my view. I'm happy to give them another 6-12 months to turn it around. It's an entrepreneurial company, and there's considerable potential from S&P+, but they're just having a bad year due to a number of unfortunate issues. That doesn't make it a bad business. The track record prior to April was superb, so I don't think having one bad year means you throw out the investing baby with the bathwater. It just needs time to recover. Regards, Paul.
paulypilot
12/9/2014
19:46
It depends how much cash the directors have to spare. £16k is better than nothing. Shorting this is very dangerous in my view. They could easily come up with a big contract win at any time in H2 given Matthew Bending's sales ability. I'm still very optimistic on this one. They are having a rough patch, but they are still winning contracts, designing new businesses and are in a net cash position. It will take 1-2 years to recover, but this is a bit like Zytronic in my view. More upside than downside risk at where we are today.
topvest
12/9/2014
12:02
I've decided to put my money where my mouth is and have gone short. Target price 30p. No doubt this post will mark the bottom of the share price.
seernb
12/9/2014
11:54
Agreed pugugly that shows to be what some may describe as a token gesture. Me that signals no short term confidence what so ever by the buyers so I actually read it as a bearish signal or at best no short term price movement expected.
bigdazzler
12/9/2014
07:22
Total "investment" across 2 directors of ONLY £16,350 - Does not sound to me a massive vote of confidence. Even if they may be short of cash BUT were confident about the prbable progress then I would have expected a far bigger investment - even if they had to borrow. Read between the lines - Message I receive is very different from that which may have been intended!!!!
pugugly
11/9/2014
20:37
At least directors were buying today which is encouraging. Edison Research estimates lower revenue of £13.5m but a PBT of £0.92m pre-exceptionals or £0.55m after exceptionals. It's odd that they have missed that the company has forecast £16m of sales in today's RNS! Given the second half bias on revenue I'd expect more than this. I will go for £15m revenue and a £0.5m profit post exceptionals as it's always difficult to recover from a bad year. Nevertheless, I'd hope that growth resumes next year and profitability bounces back. I wonder who the new Chairman is going to be? Hopefully, we may get more contract news in H2. This company is in Scotland as well, so it's impacted by next week's vote.
topvest
11/9/2014
19:01
On the big holders, things may be changing at Gresham House. Their new strategy, if approved, will be to invest in illiquid assets and so, no doubt, this would qualify. Can't see them selling now. Isn't the HH holding held by lots of individuals rather than being a single holding?
topvest
11/9/2014
13:09
Note from Edison just out
bench2
11/9/2014
12:26
The success or failure of SAL totally depends on whether the marketing departments who have a very wide range of media through which to promote their products believe (or have trial data to support their decision to purchase short term space from SAL) that this route offers them more sales for their budgets than other routes. The very significant drop in revenue strong suggests that they are voting with their budgets NOT to include SAL in their marketing budget - or if it is included then only with a reduced spend. BIG QUESTION:- HOW VALUABLE IS THE OFFERING TO PROMOTERS ???
pugugly
11/9/2014
11:40
We have a long wait until the final results at the end of March 2015 , unless the company is more forthcoming with trading updates both positive and negative . HH and GH both had a 17% stake in 2013 and the share price will depend on any decision to stick with their reduced holdings or continue selling . Hopefully this year trough EPS of between 2-3p will then see a recovery back towards 9p . The 2p div forecast will help , cheap provided you are convinced by the business model and that this is the kitchen sink year .
bench2
11/9/2014
10:57
Just short term noise for long-term holders to capitalise upon, if that opportunity arises.
topvest
11/9/2014
10:55
The elephant in the room, to my mind, is when Hargreave Hale will stop selling. Until then the share price will struggle to go up. So, even if you believe this company is undervalued as I do, does that mean this is the time to add to your holding? I'm not sure... (Just sold half my holding this morning)
cycle2
11/9/2014
10:49
Rubbish - revenue is up on last year. It's still growing but more slowly. Agreed, on the P/E ratio, if you assume this company will only ever make £500K PAT then it is fairly valued/expensive. If you think its capable of more (like the £1.8m PAT that it made last year), it's current worth 3 times that. The answer is somewhere in the middle.
topvest
11/9/2014
10:27
Another thing is that revenue is down 30% and isn't predicted to comeback in 2015.
seernb
11/9/2014
10:16
Must admit fundamentals is not really my area of expertise however I still like to read the reports and broker views etc as clearly fundamentals are the price movers. I just catch the ride on T.A. One thing that struck me when reading the Edison report today was that it appeared quite negative for a positive report ( if you catch my drift). Normally Edison reports are packed with glowing positivity this one did not leave me with that feeling and certainly did not give me hope for short term price movement. As I say fundamentals are not my bag and I'm sure others will have a differing view based on the report.
bigdazzler
11/9/2014
09:44
Halving of pre-tax profit. SpaceandPeople will earn about £500k after tax, put that on a P/E of 10 and you get £5m market cap, so below 30p.
seernb
11/9/2014
09:01
envirovision how does this look insolvent??
battlebus2
11/9/2014
08:01
Correction to my earlier post ... proposed dividend for FY to be cut to 2p from 4.1p
staverly
11/9/2014
07:54
This looks insolvent to me.
envirovision
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