Some very large trades gone through today. |
Great update today, strange share price reaction so far, added a few more. |
Healthcare business now sold. A sleeker company now. |
Edison Note just out
"With November’s purchase of Astutis, January’s sale of MiExact and the proposed Healthcare business disposal, Wilmington is now firmly focused on opportunities within the large global governance, risk and compliance (GRC) market. The group’s significant cash resource should enable further M&A to accelerate growth across the GRC landscape, while investment in technology platforms and AI capabilities improves revenue and operating margin prospects in the core activities. H124 organic revenue growth (continuing business) was up 7%, with a 12% gain in adjusted EPS. FY24 results to June are expected in line with market forecasts. Given the improving quality of earnings we regard the valuation as undemanding. " |
Re post #295 - looks like you'll wait a long time to be able to buy under £2 ! |
some very big volume today |
Strong results. "Continued delivery with 30% jump in profitability and dividend up 22%" |
Much better update Mark Milner, Chief Executive Officer, commented :"We continue to execute our strategy which has resulted in another year of strong organic revenue and profit growth - our revenues were up by 9% and profits were up by 30%. We have also continued to see good growth in our recurring revenues and strong cash conversion of profits. |
Latest update not v good. Quite an expensive stock atm. Waiting for below 2 quid at the earliest |
New here & would like to see 250p as a turning point/support level...? |
Jitters I would say, most stocks down today. Though for me the interims were a bit disappointing |
anything specific here or just general market jitters? |
Lot of buys coming in last hour? |
I like this business. Pivoted successfully away from f2f for a while when required during covid to protect profitability. Now growing again with strong margins, good cashflow and reasonable dividend yield. Prices for similar businesses are sky high at the moment and Wilmington (with cash on its balance sheet and lower rating) could be vulnerable to a bid. If not, the fundamentals merit investment anyway. |
Very quiet here considering interims today |
BGF have bought in here |
One sell, one buy last three trades possibly |
I would guess sells, have to wait for any RNS! |
some big trades going thru,
Buys or sells ?
who do you think is selling ? |
Came across this recently, looks decent. Trading update coming up so should make interesting reading |
Can anybody explain why they experienced such a reduction in gross profit from 2017/18. I've only had a quick look.Thanks |
Probably selling to the Company/PE group who want to acquire WIL? |
Very big sales going through and the price ticks up. Who is selling? |
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