We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Tangent | TNG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 3.75 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 3.75 | 3.75 |
| Top Posts |
|---|
Posted at 07/3/2016 12:41 by dangersimpson2 Writtle have publicly announced they are out (barring the MBO failing to complete): |
Posted at 17/2/2016 16:21 by jaykaytee From this morning's update, I get the impression that TNG BOD don't want to play ball! So happy that we have had a counter bid. Screw this thieving board of directors I say! |
Posted at 11/2/2015 13:03 by minuteman At this price, they should buy back the stock heavily if no dividend is to be paid |
Posted at 11/2/2015 09:46 by jaykaytee Well it's official.We have a bunch of idiots running the company. And we are to lose the "progressive dividend" to boot. |
Posted at 21/8/2014 09:56 by jswjsw Disappointing, but there are a few things to consider.The tax charge will be eased, and with the cash position & cover, the dividend will be easily maintained. (3.2%) THis is still TNG's strength, which ought to see it fair at 8p for now. |
Posted at 21/8/2014 09:13 by adamb1978 Didnt have a huge amount of these however have sold out. Slightly annoying as I'd been meaning to have another look at them for a while given the valuation was slightly higher than I was comfortable with.Main reason for selling is that they say that H1 profit for Online is flat and is down £0.45m for the agency business....yet profit for the year is expected to be flat year on year. They therefore need to materially outperform in H2 vs last yaer in order to hit that flat expectation. On the basis of needing to beat last year to keep things flat, I would say that that is almost the upside case and its quite possible that earnings will decline this year. Therefore trading on 12x is probably around right or generous - EPS could easily slip to 0.5p which then puts the PE up to 15x. Will keep it on my radar as there's a number of things I like about TNG - the board is sensible, like the BS and 3-4 year trend in EBITA is good. However I cant see the share price progressing from here before the interims next year so may as well exit and invest elsewhere All the best for those who hold |
Posted at 05/8/2014 19:42 by battlebus2 Should have received our 0.24p dividend today. Dividend playing an ever increasing part of investing for me. |
Posted at 16/7/2014 16:18 by bollers I'd appreciate if someone could put me right on this - I've never understood the dates around the dividend.today is ex div day. Does that mean if you buy them today - you don't get the div, or you do get the div today, but not tomorrow? The div will be paid to those on the register on the 18th, so if I were to sell some tomorrow - when would they know if I sold them ie would I get the dividend? |
Posted at 22/5/2014 06:59 by glasshalfull Only just getting round to commenting now. Here is my quick synopsis. Adjusted diluted EPS +11% to 0.62p which was marginally above rebased broker forecasts following the "ahead" trading statement in March. Clearly Printed.com is the star performer with 53.7% revenue growth & this translated to the Online Divisions profitability which saw a marked increase to £1.8m Op profit from an underlying £800k Op profit the previous year. Ravensworth also weighed in with increased turnover & new proposition that pleasingly indicates, "...we expect to generate significant new revenue streams". Goodprint's performance was disappointing though & apparently a reflection of new managements reluctance to acquire customers through its previous marketing spend method. Strong cashflow apparent with cash conversion an impressive 118% Forecasts indicate that the Online division is expected to generate 20% revenue growth this year & overall expectations are for 26%+ EPS growth this year (0.78p Adj Dil EPS) & that's before any share buybacks which could enhance EPS further. A PER 12 or PEG 0.5 appears v reasonable when considering the strong cashflow, improving dividend yield (now 2.5%) & the earnings growth mooted, with net cash likely to improve to c.£3.6m in light of the share buyback they've just undertaken. My thoughts FWIW. Regards, GHF |
Posted at 31/3/2014 17:11 by glasshalfull New Thread...current header synopsis reproduced here for posterity.About Tangent is a team of 270 people, operating across 17 markets, leading and developing new innovation in online printing and digital marketing. Market Cap Market Cap £27m Shares in issue 280,845,000 Net Cash (as at 28/02/2014 per RNS c.£2.6m) Major Shareholders Directors Michael Green 29.7% Kevin Cameron 0.5% Nicholas Green 1.3% Timothy Green 1.9% David Steyn 0.1% Total 33.5% Significant shareholders Isis EP LLP 10.2% Unicorn Asset Management 8.5% Hargreave Hale 6.2% Octopus Investment Management 5.9% Herald Investment Management 5.5% Total 36.3% Overall 69.8% Financials 2012 PBT £1.5m Adj dil EPS 0.57p D/V 0.20p 2013 PBT £1.6mm Adj dil EPS 0.55p D/V 0.20p Forecasts 2014 PBT £2.4m Adj dil EPS 0.59p (+7.4%) D/V 0.20p 2015 PBT £3.1m Adj dil EPS 0.78p (+33%) D/V 0.20p Investment Case Canaccord retain a buy recommendation and 12.7p target price and indicated at time of H1 results that TNG was significantly undervalued in comparison to peers Vistaprint and Shutterfly who at that stage were valued c.125% higher on an EV/EBITDA basis. On completion of FY 2014 0.59p dil. EPS forecasted but this was before a bullish trading update of 6th March 2014 that indicated, "underlying operating profit for the full year to 28 February 2014 will be ahead of current market expectations." It is worth reminding that the tax charge is forecast to rise to 33% for H2 to produce normalised rate of 28% for FY 2014 and therefore not a simple case of simply looking at H1's dil EPS 0.39p and simply x 2. So, the company will exceed the brokers target and I expect that forecasts of 0.78p and +33% earnings growth for FY 2015 (PER 11.8) will be upgraded in due course given the continuing UK recovery underpinning all business areas; growth in digital communications benefitting Tangent Snowball; reduction in CAPEX & full integration of Goodprint providing improved margins not to mention Ravensworth benefitting from cyclical nature and improvement in UK property market. The company indicated that they finished FY 2014 with £2.6m net cash. Therefore we have a company exhibiting strong cash generation and delivering a dividend yield c. 2.2% Looks a decent investment proposition. Regards, GHF |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
