The Mission Marketing Share Discussion Threads

[interceptor2] 25/3/2014 09:38

Have had a chance to look a little more into today's results, and I think they are encouraging for 2014 financial year. As long as TMMG remain free of any unforeseen negatives like the loss of B&Q which effected H1 of 2013, then we might see an ahead update at some point. They did say today that "Early signs for 2014 are very positive"

At first glance of results I also thought the EPS was a slight miss at 4.45p vs estimated 4.70p, but then I noticed that the basic EPS figure was 4.82p, and I believe that brokers work on basic figures rather than diluted. (Pleased to be corrected if wrong) Yet TMMG highlighted the diluted figure of 4.45p, which could explain the initial drop?

But plenty of positives today, such as continuing reduction in bank debt, resumed dividend payment and a bullish tone to the ouitlook in 2014.

Happy to be holding here.

ic2...

[dr biotech] 25/3/2014 08:57

EPS were 4.5p vs 4.7 forecast. May explain the drop.

[aleman] 25/3/2014 08:26

Outsiders will have to remember H1 was poor due to losing B&Q and some contract delays. Knock H1 off full-year numbers and EPS and cashflow looks quite strong for H2 at first glance. Will have to take some time to go through them, though, and then bear in mind that maybe those contract delays flattered H2. It was a respectable year after a poor start, anyway.

[cfro] 25/3/2014 08:03

Its apparently a 'Lollapalooza' set of results then!

:0))

[dr biotech] 25/3/2014 07:56

Finncap have raised their target price to 60p, from 50p

[rodrod1] 25/3/2014 07:54

I hope that the market is as pleased with the results as I am :)

[interceptor2] 25/3/2014 07:46

I had to look in a dictionary for most of the words also, made me smile :o))

As did the results and outlook statement.

[simon42] 25/3/2014 07:40

I'm pleased.

[stegrego] 25/3/2014 07:39

Love the Chairmans statements here..... Never understand a word of them, but love them all the same.

[chinese investor] 25/3/2014 07:38

Looking Good !

[battlebus2] 25/3/2014 07:11

The Mission Marketing Group plc ("TMMG" or "the missiontm"), the national marketing communications and advertising group, is pleased to announce its audited results for the year ended 31 December 2013.

Financial headlines
· Operating income ("revenue") up 9% to £51.6m (2012: £47.5m)
· Headline operating profit down 4% to £5.7m (2012: £6.0m)
· Interest costs sharply reduced, to £0.7m (2012: £1.1m)
· Headline profit before tax up 3% to £5.0m (2012: £4.9m)
· Headline diluted EPS: 4.5 pence (2012: 4.5 pence)
· Interim dividend of 0.25p paid (2012: nil) and final dividend of 0.75p proposed (2012: nil)
· Net bank debt reduced by £1.6m to £10.7m

[cheshire man] 19/3/2014 09:59

interceptor2

"if only I could trade using hindsight ;O)"

How rich all of us would be if we could do that :-)

However looking at fingers chart (post 673) maybe we can trade with foresight,

looking to complete the cup and handle formation to 61.5p after breaking the 50p psychological level,,,,,

think we may break that 50p level with a bit of a fair wind on the run up to the next results,,,, IMO

[fillipe] 18/3/2014 16:26

13-3-14, Finncap reiterate the numbers in my previous post, March 7th.

House broker FinnCap 05/03/2014 CORP

2013 eps 4.70p div 1p
2014 eps 5.40p div 1.1p

Finals due end of this month....around 25th

Tp is 50p...for now!

gl

f

[interceptor2] 18/3/2014 14:19

I had my finger hovering over the buy button at 42p yesterday, it was a decision between these and RNWH for another account I run. Should have gone for both, if only I could trade using hindsight ;O)

ic2...

[cfro] 18/3/2014 14:14

Thats a quick and sudden jump back up! :0))

[simon42] 17/3/2014 17:52

Should rally into results next week. Some buys coming in it would seem.

[aleman] 12/3/2014 11:26

End of tax year. PIs sell winners and losers to sort out their CGT bills. Small Cap shares that have flatlined for a few years should be less affected.

[simon42] 12/3/2014 11:01

Every year this week and next week are carp for small caps. Ggrrrr....

[cfro] 08/3/2014 18:24

Thanks fingers.

[fingers xxd] 08/3/2014 08:20

Hi Deanowls,

Thanks for pointing out the error .. I posted late last night,
and and got it mixed-up with MGGT .. a senior citizen moment.
(chart amended)

[cheshire man] 08/3/2014 07:45

Thanks for posting that finger's :-)

[deanowls] 08/3/2014 03:42

Thanks fingers, unsure about the dividend though?

[fingers xxd] 08/3/2014 01:22

TMMG - Potential 'Cup & Handle' Formation - Copy from the 'FXD' thread

[battlebus2] 07/3/2014 18:11

I agree with that and 50p is a certainty imv.

[paul_butcher1999] 07/3/2014 18:06

agree fact it continues rising after the initial recent tip flurry suggests we are likely to be getting a positive final results statement on 25th march. ..