Telecity Share Discussion Threads

[itchycrack] 17/9/2013 12:49

If 800p goes there are a number of minor supports below this, but the major one is the 750p level. Personally can't see us getting to that, but who knows?

[philanderer] 17/9/2013 12:48

That`ll be in about 10 minutes by the way it`s going ;-)

[bingowing] 17/9/2013 12:22

yup, wait for 800p.

[itchycrack] 17/9/2013 12:21

I have an 805p entry price target.

[philanderer] 17/9/2013 11:42

Maybe not just yet though .

[philanderer] 13/9/2013 09:35

Tempted to buy back in here.

[philanderer] 12/9/2013 12:34

Telecity: Goldman Sachs ups target price from 1200p to 1230p keeping a buy recommendation.

[silverfern] 31/8/2013 00:14

yes and it went to 800p today and moved up. I am not smart enough to get the bottom and top right so will wait for the trend to be a friend

[rmillaree] 29/8/2013 16:02

Well if you say we are into second half of this year and take half of this years 36.84p est EPS and half next years 44.15 est EPS that gives 40.5p average for next 12 months.
40.5*20 = 810p - so nearly there.

[silverfern] 29/8/2013 10:51

still falling I see. If it gets to a forward p/e of 20 (ie around 720p) I Shall jump back in. I doubt it will get that low but who knows

[bingowing] 20/8/2013 11:13

best part of a mill just spent at 880

[freddie ferret] 12/8/2013 15:18

silverfern.

It's a matter of settling in the new Turkish business, and getting it up to speed.
A new acquisition always takes time to settle in, and initially there are costs involved.

[fraser038] 12/8/2013 10:25

After reading about these in MF 5 year trade plan I ha them on my watch list. I take a longer term view which works for my lifestyle. I remember reading that anything below 920 was good value for the next 5 years, I just bought a small amount and happy to hold on at this price, will top up if they go below 800 tho. Good luck all.

[silverfern] 09/8/2013 16:32

A correction to adjust the price to the forward p/e which is still high. This could see 1050p again in next six months once the sales are over as it is still also a company that is growing

[bingowing] 08/8/2013 13:51

850 showed good support. lost of profit taking.


way over sold IMO.

[simpler] 08/8/2013 00:46

I'm in if this goes below 800. If that happens then we're oversold. It's just a technical correction, that's all. Certainly not losing faith.

[bingowing] 02/8/2013 16:00

ok, someones dumping into this.

[bingowing] 02/8/2013 13:49

final add earlier.

Nearing stop loss, so needs to turn soon.

[bingowing] 31/7/2013 22:13

I'm trading this on the weekly chart. *less noise*

[bingowing] 31/7/2013 14:34

Looking for a bounce around her 988.

If not.....

well, failed trade.

Annoying as plenty other stuff moving up today.

Added more at 88, just off the LOD.

[silverfern] 31/7/2013 09:16

he buys on every dip, but then he can afford to! GLuck!

[bingowing] 31/7/2013 09:03

silverfern, tight trade for me.

director purchase 'could' put a floor in.

[silverfern] 31/7/2013 08:49

I agree their longer term view, who wouldn't; not sure I want to buy back in yet (Sold, lucky me, at 960-1010p). IC view (from FT):

"Telecity's management continues to make bullish noises about the company's outlook and expects to announce further capacity additions in the second half. But debt is rising fast - up 42 per cent to £288m in the past 12 months - and the shares trade on 25 times estimated earnings for 2013 falling to 20 times for 2014, so growth prospects look factored into the share price. Hold.
Last IC view: Hold, 863p, 13 Feb 2013 "


Barclays Capital forecasts adjusted pre-tax profit of £95.9m and EPS of37.8p for the current year, rising to £119m and 46.1p in 2014 (from £76.2m and 31p in 2012).

[bingowing] 31/7/2013 08:26

just reading Morgan Stanleys research notes. {tgt1200}


'The bear argument is that the weakness is due to increased pricing pressure because of overcapacity and slowing demand. The bull argument is that the weakness was attributed to two unfavorable, one-off effects that impacted the group during 1H13 but should reverse in 2H13e and FY14e. While we will keep a close eye on developments in the UK, we continue to believe that Telecity's offering is highly differentiated, that internet content/traffic will grow solidly and that the European business will remain strong. As a result, we remain confident on Telecity's long-term prospects and stay OW.'

[jasab] 31/7/2013 08:24

Agree. This is a well respected co and back above 10 after correction wouldn't surprise.