Theworks.co.uk Share Discussion Threads

[s34icknote] 18/5/2023 15:30

I suspect some large late trades will be reported judging by the mm spread

[chinahere] 18/5/2023 14:35

Does EBITDA exclude the lease liabilities of the current year?

[s34icknote] 18/5/2023 14:23

Eps around 11.5p ?

[elrico] 18/5/2023 13:06

https://twitter.com/lemminginvestor/status/1659163125667512320?s=46

[s34icknote] 18/5/2023 13:01

Order being filled ? Or seller clearing ?Spread is 0.1p !Or is this about to leap ?

[s34icknote] 18/5/2023 11:53

Spread by mm really tight !!!

[tr200g] 18/5/2023 11:37

yup 10m EBITDA which is basically cash profits pre interest (which is positive on its cash balance) and depreciation of shop fittings

the stock is on ~1x EV/EBITDA

retailers generally trade 5-10x EV/EBITDA

Card factory is on 4x

Works has work to do on the margin but there should be a huge freight tailwind to come vs recent periods. ~60pc of stock is non-books and therefore shipped from China

the new broker today is great news. the note is available on research tree and demonstrates that if they make the management's aspiration to recover to pre covid margins, that's £20-£25m of EBITDA, equivalent to £13-£18m profit before tax and....trade on 5x EV/EBITDA...thats 197p per share

but if that ebitda was achieved, I imagine they would be back doing a meaningful rollout and would trade on 7-8x

[s34icknote] 18/5/2023 11:36

Market wrong footed on a cash rich dividend payer

[s34icknote] 18/5/2023 11:36

Didn't this rise 55 percent in a day last year ???

[jw330] 18/5/2023 11:31

what is shoezone's ebitda, cash position and market cap? that should highlight how much this needs to rerate

[s34icknote] 18/5/2023 11:27

For 10 million cash 10 million profit ?

[imnotspartacus] 18/5/2023 10:16

MCap 22m is still ridiculously cheap

[imnotspartacus] 18/5/2023 09:54

Breakout!!!

[simmsc] 18/5/2023 09:51

patience is a virtue. Well done to all holders for sticking with their beliefs when the market was not convinced and kept pulling it back down. Now its a case of running your winner and holding on.

[jw330] 18/5/2023 09:50

even at 40p its cheap as chips...

[imnotspartacus] 18/5/2023 09:49

S34 you could be spot on!
35.64p

[casholaa] 18/5/2023 09:40

On Marketscreener.com - pre-results

Lowest Broker target is 67p
Average Broker target is 67.50p
Highest Broker target is 75p

[chinahere] 18/5/2023 09:40

Great update. How many other things can you buy with 50% cash and 20%+ return pa?

[s34icknote] 18/5/2023 09:35

If seller is clear tight stock !

[s34icknote] 18/5/2023 09:34

Think we could see 40p today !

[jw330] 18/5/2023 09:21

this should clear 33p today and be on its way to 70 in the coming weeks and months

[darrin1471] 18/5/2023 08:30

Hoyle cleared 12th of Jan.
2,565,248 at 44.411p at 16:06 was an exact match for all the declared Hoyle holding

[chrisb1103] 18/5/2023 08:18

Hoyle overhang nearly cleared? Was under 3% back in Jan.

[s34icknote] 18/5/2023 08:06

What's the eps ? Surely they should just increase the divs and start using the cash pile !They have been as high as 180 p per share from memory with a lot of debt too !This market is so fickle ! London market is really !Why so many companies are delisting and quitting !