Tricorn Share Discussion Threads

[interceptor2] 10/6/2011 16:27

It's interesting to look back at historical figures, below is some data that I have posted before but with 2011 figures included. When you look at historic PSR, Net Margin and Revenue figures together, I think it helps to give a potential price target going forward.

ic2...

PSR.......2004...2005...5006...2007...2008...2009...2010...2011
High......0.85...0.90...1.40...1.25...0.55...0.23...0.37...?
Low.......0.35...0.50...0.80...0.61...0.24...0.08...0.15...?

Net Margin.n/a...n/a....9.6%...5.2%...3.8%...2.6%...1.0%...3.2%
EPS........n/a...n/a...2.06....1.88...2.50...1.77...0.45...2.14
Price
High......14p....18p....28p....45p....37p....16p....17p....?
Low.......7p.....10p....16p....22p....16p....6p.....7p.....?

Revenue...5.55m..6.07m..6.20m..11.15m.20.8m..22.3m..15.03m..21.7m

[saucepan] 10/6/2011 16:01

Glad the chart is of interest, IC2. I do feel it has relevance. I have just checked back: when the share price was near 40p in 2001, Company turnover was just £5.05 million (year ending 31/03/01). In the most recent results (year ended 31/03/11) turnover was £21.76 million: more than four times greater.

Whether the shareprice can soon go another 400%, to be on relative par from here, remains to be seen - but it does seem to imply that there is a lot more upside to go for.

[interceptor2] 10/6/2011 15:48

Great chart Saucepan - Before I first brought in I looked at the 10 year chart and made a note that "History does repeat itself" 51p initial target for me.

Such a strong move today with steady buying :O)

ic2....

[cfro] 10/6/2011 15:34

Whoosh!! :0))

[tom111] 10/6/2011 15:33

Well bought these three years ago at 36p and low and behold im nearly in profit,should be good for 40p

[saucepan] 10/6/2011 14:57

Just to put things into perspective, this is quite a double-bottomed base pattern to shoot out from in due course:

[cockneyrebel] 10/6/2011 14:51

Quite a move today - who what's these lousy FTSE 350 skitzy stocks that jump all over the place when you can have solid small cap divi payers :-)

CR

[saucepan] 10/6/2011 13:10

Melody: see post number 718 and you will find your answer. I don't think you are too late for the party - hopefully it is just beginning (especially if you look at a long-term chart, i.e. going back to 2001).

[melody9999] 10/6/2011 13:06

EPS 2.57p means PE about 14 at 35p. Does anyone have projections for future earnings?

Wonder if I am too late to this party.

[saucepan] 10/6/2011 11:35

No doubt many others will soon be wishing they could have paid 35p!

Edit: does any accountant out there know how the sale of the Treasury Stock will be presented in next year's accounts? Does the income go to the bottom line and affect eps?

[m.t.glass] 10/6/2011 11:21

That same trade reappears - along with some others logged out of sequence.. (not delayed by size)

[m.t.glass] 10/6/2011 09:32

someone paying 35p already this morning. That's nice. Unnecessary, but nice to see.

[cockneyrebel] 10/6/2011 08:14

a good price - especially how these have risen lately.

CR

[pugugly] 10/6/2011 07:58

Very nice profit - They bought the stock at less than 6p from memory.

[interceptor2] 10/6/2011 07:56

All of the treasury shares of 875k sold at 32p to satisfy institutional demand, suggests more instutional buying ahead and continuation of this rally.

ic2...

[spec7] 10/6/2011 07:16

RNS chaps..I always like to see the words "institutional demand"

[paleje] 10/6/2011 07:16

As requested, saucepan, rns out. Flogged off treasury shares to satisfy demand, bit more cash in the bank then presumably.

[saucepan] 09/6/2011 15:47

Some VERY big trades today - reportedly sells, but the price is up. RNS to explain things?

[cfro] 09/6/2011 13:56

Looks like its going to race away to the new 40p price target now. PE still in single digits even after such a great rise.

[cambium] 09/6/2011 12:55

Great action today

[tommy ten chins] 09/6/2011 10:20

I've just joined the party, these look very good in terms of a low PEG low PER scattering of upgrades and even a dividend.

[aquadave99] 09/6/2011 10:07

I was thinking to myself that this has 40p all over it and then out comes the upgrade to 40p!

[bigbigdave] 09/6/2011 08:19

Took a few more this morning, chart suggesting another move higher.